Omaxe Management

Management criteria checks 2/4

Omaxe's CEO is Mohit Goel, appointed in Feb 2018, has a tenure of 6.75 years. total yearly compensation is ₹22.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.84% of the company’s shares, worth ₹168.44M. The average tenure of the management team and the board of directors is 3.4 years and 5 years respectively.

Key information

Mohit Goel

Chief executive officer

₹22.8m

Total compensation

CEO salary percentage	100.0%
CEO tenure	6.8yrs
CEO ownership	0.8%
Management average tenure	3.4yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mohit Goel's remuneration changed compared to Omaxe's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-₹4b
Mar 31 2024	₹23m	₹23m	-₹4b
Dec 31 2023	n/a	n/a	-₹4b
Sep 30 2023	n/a	n/a	-₹4b
Jun 30 2023	n/a	n/a	-₹4b
Mar 31 2023	₹17m	₹17m	-₹3b
Dec 31 2022	n/a	n/a	-₹3b
Sep 30 2022	n/a	n/a	-₹2b
Jun 30 2022	n/a	n/a	-₹2b
Mar 31 2022	₹14m	₹14m	-₹2b
Dec 31 2021	n/a	n/a	-₹1b
Sep 30 2021	n/a	n/a	-₹2b
Jun 30 2021	n/a	n/a	-₹2b
Mar 31 2021	n/a	n/a	-₹2b
Dec 31 2020	n/a	n/a	-₹4b
Sep 30 2020	n/a	n/a	-₹3b
Jun 30 2020	n/a	n/a	-₹2b
Mar 31 2020	₹2m	₹2m	-₹972m
Dec 31 2019	n/a	n/a	₹484m
Sep 30 2019	n/a	n/a	₹498m
Jun 30 2019	n/a	n/a	₹564m
Mar 31 2019	₹2m	₹2m	₹490m
Dec 31 2018	n/a	n/a	₹513m
Sep 30 2018	n/a	n/a	₹623m
Jun 30 2018	n/a	n/a	₹697m
Mar 31 2018	₹2m	₹2m	₹840m

Compensation vs Market: Mohit's total compensation ($USD270.02K) is above average for companies of similar size in the Indian market ($USD188.37K).

Compensation vs Earnings: Mohit's compensation has increased whilst the company is unprofitable.

CEO

Mohit Goel (35 yo)

6.8yrs

Tenure

₹22,800,000

Compensation

Mr. Mohit Goel serves as Managing Director at Omaxe Limited since October 30, 2021. Mr. Goel served as Chief Executive Officer at Omaxe Limited since 12, 2018 until October 30, 2021 and had been Whole Time...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rohtas Goel	Founder & Non-Executive Chairman	35.7yrs	₹48.00m	1.16% ₹ 233.7m
Mohit Goel	MD & Director	6.8yrs	₹22.80m	0.84% ₹ 168.4m
Manoj Dua	President & CFO	2yrs	₹7.70m	no data
Deshabandhu Srikanta	Company Secretary	less than a year	₹5.20m	no data
Vinit Goyal	Whole Time Director	3.6yrs	₹5.00m	no data
Atul Banshal	Director of Finance	3.2yrs	₹12.10m	no data
Daleep Moudgil	President	23yrs	₹6.60m	no data
Vijayalaxmi Purohit	President	no data	₹8.57m	no data
Amit Mehta	President	no data	₹8.18m	no data
Ram Nigam	President	no data	₹8.88m	no data
Jatin Goel	Director of Operations	no data	₹12.58m	0.84% ₹ 168.4m
Samir VM	Chief Information Officer	less than a year	no data	no data

3.4yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 532880's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rohtas Goel	Founder & Non-Executive Chairman	35.7yrs	₹48.00m	1.16% ₹ 233.7m
Mohit Goel	MD & Director	5.2yrs	₹22.80m	0.84% ₹ 168.4m
Vinit Goyal	Whole Time Director	3.6yrs	₹5.00m	no data
Jatin Goel	Director of Operations	no data	₹12.58m	0.84% ₹ 168.4m
Nishal Jain	Non-Executive Independent Director	5yrs	₹600.00k	no data
Binitha Dalal	Additional Non-Executive Independent Director	less than a year	no data	no data

5.0yrs

Average Tenure

37yo

Average Age

Experienced Board: 532880's board of directors are considered experienced (5 years average tenure).

Omaxe Management

Management criteria checks 2/4

Key information

Recent management updates

Omaxe Limited, Annual General Meeting, Sep 27, 2024

Less than half of directors are independent

Omaxe Limited Appoints Rakesh Kumar Srivastava as President-Legal (Uttar Pradesh Region)

Omaxe Limited Approves Appointment of Binitha Manohar Dalal as an Additional Director (Non- Executive and Independent)

Less than half of directors are independent

Omaxe Limited Announces Cessation of Gurnam Singh, Independent Director

Recent updates

Omaxe Limited to Report Q3, 2025 Results on Feb 14, 2025

Omaxe Limited, Annual General Meeting, Sep 27, 2024

First quarter 2025 earnings released: ₹8.06 loss per share (vs ₹5.81 loss in 1Q 2024)

Omaxe Limited to Report Q1, 2025 Results on Aug 13, 2024

Omaxe Limited to Report Q1, 2025 Results on Aug 13, 2024

Less than half of directors are independent

Omaxe Limited Appoints Rakesh Kumar Srivastava as President-Legal (Uttar Pradesh Region)

Omaxe Limited Approves Appointment of Binitha Manohar Dalal as an Additional Director (Non- Executive and Independent)

Full year 2024 earnings released: ₹22.01 loss per share (vs ₹19.02 loss in FY 2023)

Less than half of directors are independent

Third quarter 2024 earnings released: ₹3.66 loss per share (vs ₹5.79 loss in 3Q 2023)

Omaxe Limited Announces Cessation of Gurnam Singh, Independent Director

Omaxe Limited (NSEI:OMAXE) acquired remaining 25% stake in PP Devcon Private Limited for INR 0.03 million.

Second quarter 2024 earnings released: ₹4.61 loss per share (vs ₹4.78 loss in 2Q 2023)

Omaxe Limited Announces Executive Changes

Omaxe Group Appoints Samir VM as Chief Information Officer

Omaxe Limited to Report Q3, 2024 Results on Feb 14, 2024

Omaxe Limited, Annual General Meeting, Sep 29, 2023

New minor risk - Market cap size

First quarter 2024 earnings released: ₹5.81 loss per share (vs ₹2.68 loss in 1Q 2023)

Omaxe Limited to Report Q1, 2024 Results on Aug 10, 2023

Full year 2023 earnings released: ₹19.02 loss per share (vs ₹8.72 loss in FY 2022)

Omaxe Limited Announces Board Changes

Third quarter 2023 earnings released: ₹5.79 loss per share (vs ₹2.06 loss in 3Q 2022)

Omaxe Limited Announces Company Secretary and Compliance Officer Changes

Second quarter 2023 earnings released: ₹4.78 loss per share (vs ₹2.13 loss in 2Q 2022)

Omaxe Limited Announces Executive Changes

Omaxe Limited to Report Q3, 2023 Results on Feb 14, 2023

First quarter 2023 earnings released: ₹2.68 loss per share (vs ₹2.38 loss in 1Q 2022)

Omaxe Limited to Report Q1, 2023 Results on Aug 10, 2022

Omaxe Limited (BSE:532880) agreed to acquire Colors Real Estate Private Limited for INR 25 million.

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

High number of new directors

Omaxe Limited Designates Atul Bansha as Whole Time Key Managerial Personnel

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Second quarter 2022 earnings released: ₹2.13 loss per share (vs ₹4.16 loss in 2Q 2021)

First quarter 2022 earnings released: ₹2.38 loss per share (vs ₹3.49 loss in 1Q 2021)

Full year 2021 earnings released: ₹12.86 loss per share (vs ₹5.32 loss in FY 2020)

New 90-day low: ₹70.25

Third quarter 2021 earnings released: ₹5.22 loss per share (vs ₹0.42 profit in 3Q 2020)

Omaxe Limited Announces Resignation of Devidas Kashinath Kambale as Non- Executive & Independent Director

Omaxe Limited to Report Q3, 2021 Results on Feb 14, 2021

New 90-day high: ₹70.75

Second quarter 2021 earnings released: ₹4.16 loss per share

Omaxe Limited Appoints Benu Sehgal as President - Retail

Omaxe Limited to Report Q2, 2021 Results on Nov 12, 2020

Omaxe Limited(BSE:532880) dropped from S&P Global BMI Index

First quarter earnings released

Omaxe Limited to Report Q1, 2021 Results on Sep 14, 2020

Omaxe Limited Recommends No Dividend to the Equity Shareholders for the Financial Year 2019-20

Darshita Landed Property LLP and others completed the acquisition of Eden Buildcon Limited from Omaxe Limited (BSE:532880).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age