Sobha Management
Management criteria checks 3/4
Sobha's CEO is Jagadish Nangineni, appointed in Apr 2022, has a tenure of 2.25 years. total yearly compensation is ₹33.11M, comprised of 37.8% salary and 62.2% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth ₹4.85M. The average tenure of the management team and the board of directors is 4.1 years and 12.1 years respectively.
Key information
Jagadish Nangineni
Chief executive officer
₹33.1m
Total compensation
| CEO salary percentage | 37.8% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.003% |
| Management average tenure | 4.1yrs |
| Board average tenure | 12.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹491m |
| Dec 31 2023 | n/a | n/a | ₹907m |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹33m | ₹13m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹135m |
| Sep 30 2022 | n/a | n/a | ₹670m |
| Jun 30 2022 | n/a | n/a | ₹1b |
| Mar 31 2022 | n/a | n/a | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹1b |
| Sep 30 2021 | n/a | n/a | ₹986m |
| Jun 30 2021 | n/a | n/a | ₹665m |
| Mar 31 2021 | ₹7m | ₹6m | ₹623m |
| Dec 31 2020 | n/a | n/a | ₹953m |
| Sep 30 2020 | n/a | n/a | ₹1b |
| Jun 30 2020 | n/a | n/a | ₹2b |
| Mar 31 2020 | ₹14m | ₹10m | ₹3b |
Compensation vs Market: Jagadish's total compensation ($USD396.46K) is about average for companies of similar size in the Indian market ($USD448.43K).
Compensation vs Earnings: Jagadish's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jagadish Nangineni (45 yo)
2.3yrs
Tenure
₹33,106,963
Compensation
Mr. Jagadish Nangineni has been the Whole-Time Director and Managing Director of Sobha Limited since April 01, 2022. He served as Deputy Managing Director and Additional Director of Sobha Limited since Jul...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Company Secretary & Compliance Officer | less than a year | ₹1.94m | no data | |
| Whole-Time Director & MD | 2.3yrs | ₹33.11m | 0.0025% ₹ 4.9m | |
| Founder & Chairman Emeritus | 29.5yrs | no data | 18.63% ₹ 35.7b | |
| Chief Financial Officer | 2.7yrs | ₹6.74m | no data | |
| Head of Quality | no data | no data | no data | |
| Head of Administration | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Head of Legal & Land Affairs | 5.5yrs | no data | no data | |
| Chief Marketing & Communications Officer | less than a year | ₹19.16m | no data | |
| Chief Sales Officer | 6.9yrs | ₹27.91m | no data | |
| Head of Human Resources Department | 5.5yrs | no data | no data | |
| Head of Projects | 5.5yrs | ₹1.41m | no data |
4.1yrs
Average Tenure
50yo
Average Age
Experienced Management: 532784's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Whole-Time Director & MD | 2.3yrs | ₹33.11m | 0.0025% ₹ 4.9m | |
| Founder & Chairman Emeritus | 12.1yrs | no data | 18.63% ₹ 35.7b | |
| Non-Executive Independent Director | 18.1yrs | ₹2.19m | 0.0045% ₹ 8.7m | |
| Non-Executive Independent Director | 18.1yrs | ₹2.18m | no data | |
| Non-Executive Non-Independent Chairman | 20.1yrs | ₹96.62m | 3.36% ₹ 6.4b | |
| Independent Director | 2.3yrs | ₹2.16m | no data | |
| Non Executive Independent Director | 4.5yrs | ₹2.24m | no data |
12.1yrs
Average Tenure
54yo
Average Age
Experienced Board: 532784's board of directors are seasoned and experienced ( 12.1 years average tenure).