Sumit Woods Limited

NSEI:SUMIT Stock Report

Market Cap: ₹2.2b

Sumit Woods Management

Management criteria checks 3/4

Sumit Woods' CEO is Mitaram Jangid, appointed in May 2018, has a tenure of 21.42 years. total yearly compensation is ₹1.50M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 32.04% of the company’s shares, worth ₹688.96M. The average tenure of the management team and the board of directors is 1.8 years and 13.8 years respectively.

Key information

Mitaram Jangid

Chief executive officer

₹1.5m

Total compensation

CEO salary percentage100.0%
CEO tenure6yrs
CEO ownership32.0%
Management average tenure1.8yrs
Board average tenure13.8yrs

Recent management updates

Recent updates

Sumit Woods Limited (NSE:SUMIT) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Apr 10
Sumit Woods Limited (NSE:SUMIT) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Does Sumit Woods (NSE:SUMIT) Deserve A Spot On Your Watchlist?

Feb 09
Does Sumit Woods (NSE:SUMIT) Deserve A Spot On Your Watchlist?

Here's Why Sumit Woods (NSE:SUMIT) Has A Meaningful Debt Burden

Jan 08
Here's Why Sumit Woods (NSE:SUMIT) Has A Meaningful Debt Burden

Sumit Woods Limited's (NSE:SUMIT) Share Price Boosted 42% But Its Business Prospects Need A Lift Too

Dec 18
Sumit Woods Limited's (NSE:SUMIT) Share Price Boosted 42% But Its Business Prospects Need A Lift Too

Calculating The Fair Value Of Sumit Woods Limited (NSE:SUMIT)

Dec 07
Calculating The Fair Value Of Sumit Woods Limited (NSE:SUMIT)

With EPS Growth And More, Sumit Woods (NSE:SUMIT) Makes An Interesting Case

Oct 10
With EPS Growth And More, Sumit Woods (NSE:SUMIT) Makes An Interesting Case

These 4 Measures Indicate That Sumit Woods (NSE:SUMIT) Is Using Debt In A Risky Way

Mar 30
These 4 Measures Indicate That Sumit Woods (NSE:SUMIT) Is Using Debt In A Risky Way

Is Sumit Woods (NSE:SUMIT) Using Too Much Debt?

Dec 14
Is Sumit Woods (NSE:SUMIT) Using Too Much Debt?

Is Sumit Woods (NSE:SUMIT) Using Debt In A Risky Way?

Jul 13
Is Sumit Woods (NSE:SUMIT) Using Debt In A Risky Way?

Is Sumit Woods (NSE:SUMIT) Weighed On By Its Debt Load?

Dec 07
Is Sumit Woods (NSE:SUMIT) Weighed On By Its Debt Load?

CEO Compensation Analysis

How has Mitaram Jangid's remuneration changed compared to Sumit Woods's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹64m

Sep 30 2023n/an/a

₹70m

Jun 30 2023n/an/a

₹76m

Mar 31 2023₹2m₹2m

₹76m

Dec 31 2022n/an/a

₹57m

Sep 30 2022n/an/a

₹28m

Jun 30 2022n/an/a

₹11m

Mar 31 2022₹3m₹3m

-₹9m

Dec 31 2021n/an/a

-₹43m

Sep 30 2021n/an/a

-₹119m

Jun 30 2021n/an/a

-₹209m

Mar 31 2021n/an/a

-₹225m

Dec 31 2020n/an/a

-₹209m

Sep 30 2020n/an/a

-₹113m

Jun 30 2020n/an/a

-₹15m

Mar 31 2020n/an/a

₹28m

Dec 31 2019n/an/a

₹89m

Sep 30 2019n/an/a

₹60m

Jun 30 2019n/an/a

₹68m

Mar 31 2019₹250k₹250k

₹67m

Compensation vs Market: Mitaram's total compensation ($USD17.97K) is below average for companies of similar size in the Indian market ($USD39.30K).

Compensation vs Earnings: Mitaram's compensation has been consistent with company performance over the past year.

CEO

Mitaram Jangid (67 yo)

6yrs

Tenure

₹1,500,000

Compensation

Shri Mitaram Ramlal Jangid is a Co-Founder and Promoter of Sumit Woods Limited and its Managing Director since May 26, 2018 also Executive Director since December 11, 2002. Shri Jangid was Head of Design D...

Leadership Team

NamePositionTenureCompensationOwnership
Mitaram Jangid
Co-Founder6yrs₹1.50m32.04%
₹ 689.0m
Subodh Nemlekar
Co- Founder & Non-Executive Non Independent Directorno datano data21.76%
₹ 467.8m
Bhushan Nemlekar
CFO & Whole Time Director1.8yrs₹2.40m5.26%
₹ 113.1m
Rohan Tejura
Chief Information Officerno data₹241.67kno data
Pooja Shah
Company Secretary & Compliance Officer1.1yrs₹128.50kno data
Clint Dos Santos
Chief Engineerno data₹153.64k0.024%
₹ 526.4k
Sunil Jangid
Manager of Administration & Operationsno datano datano data
Priyanka Dhruva
Head of Finance & Accountsno datano datano data
Ramesh Sharma
Senior Legal Executiveno datano data0.024%
₹ 526.4k
Amruta Jangid
Head of Marketing & Branding Operationsno data₹300.00kno data
Dhairyashil Patil
Manager of Salesno datano datano data
Kunal Sonawane
Head of Purchase Departmentno datano datano data

1.8yrs

Average Tenure

45yo

Average Age

Experienced Management: SUMIT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Mitaram Jangid
Co-Founder21.4yrs₹1.50m32.04%
₹ 689.0m
Subodh Nemlekar
Co- Founder & Non-Executive Non Independent Director27.3yrsno data21.76%
₹ 467.8m
Bhushan Nemlekar
CFO & Whole Time Director21.4yrs₹2.40m5.26%
₹ 113.1m
Pooja Chogle
Independent Non-Executive Director6.1yrs₹120.00kno data
Vineshkumar Singhal
Independent Non-Executive Chairman3.5yrs₹120.00kno data
Pooja Parekh
Independent Non-Executive Director3.1yrs₹60.00kno data

13.8yrs

Average Tenure

54.5yo

Average Age

Experienced Board: SUMIT's board of directors are seasoned and experienced ( 13.8 years average tenure).

Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy PolicyLogos provided by Clearbit
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.