Trident Texofab Management
Management criteria checks 3/4
Trident Texofab's CEO is Hardik Desai, appointed in Jun 2017, has a tenure of 6.92 years. total yearly compensation is ₹1.50M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 34.96% of the company’s shares, worth ₹175.72M. The average tenure of the management team and the board of directors is 1.3 years and 6.6 years respectively.
Key information
Hardik Desai
Chief executive officer
₹1.5m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.9yrs |
| CEO ownership | 35.0% |
| Management average tenure | 1.3yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹12m |
| Sep 30 2023 | n/a | n/a | ₹18m |
| Jun 30 2023 | n/a | n/a | ₹19m |
| Mar 31 2023 | ₹2m | ₹2m | ₹22m |
| Dec 31 2022 | n/a | n/a | ₹28m |
| Sep 30 2022 | n/a | n/a | ₹18m |
| Jun 30 2022 | n/a | n/a | ₹11m |
| Mar 31 2022 | ₹2m | ₹2m | ₹10m |
| Dec 31 2021 | n/a | n/a | ₹9m |
| Sep 30 2021 | n/a | n/a | ₹9m |
| Jun 30 2021 | n/a | n/a | ₹10m |
| Mar 31 2021 | ₹1m | ₹1m | ₹4m |
| Dec 31 2020 | n/a | n/a | ₹728k |
| Sep 30 2020 | n/a | n/a | ₹2m |
| Jun 30 2020 | n/a | n/a | ₹2m |
| Mar 31 2020 | ₹2m | ₹2m | ₹9m |
| Dec 31 2019 | n/a | n/a | ₹9m |
| Sep 30 2019 | n/a | n/a | ₹10m |
| Jun 30 2019 | n/a | n/a | ₹12m |
| Mar 31 2019 | ₹2m | ₹2m | ₹13m |
| Dec 31 2018 | n/a | n/a | ₹12m |
| Sep 30 2018 | n/a | n/a | ₹11m |
| Jun 30 2018 | n/a | n/a | ₹8m |
| Mar 31 2018 | ₹720k | ₹720k | ₹8m |
Compensation vs Market: Hardik's total compensation ($USD17.97K) is below average for companies of similar size in the Indian market ($USD39.30K).
Compensation vs Earnings: Hardik's compensation has been consistent with company performance over the past year.
CEO
Hardik Desai (45 yo)
6.9yrs
Tenure
₹1,500,000
Compensation
Mr. Hardik Jigishkumar Desai serves as Chairman of Trident Lifeline Pvt. Ltd., since June 27, 2022 and its Executive Director since October 01, 2020. He has been Managing Director of Trident Texofab Limite...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Chairman | 6.9yrs | ₹1.50m | 34.96% ₹ 175.7m | |
| Whole-Time Director | no data | ₹1.20m | 15.48% ₹ 77.8m | |
| Executive & Non-Independent Director | no data | ₹660.00k | 0.65% ₹ 3.2m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Company Secretary & Compliance officer | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
45.5yo
Average Age
Experienced Management: 540726's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Chairman | 15.7yrs | ₹1.50m | 34.96% ₹ 175.7m | |
| Whole-Time Director | 11.3yrs | ₹1.20m | 15.48% ₹ 77.8m | |
| Executive & Non-Independent Director | 3.5yrs | ₹660.00k | 0.65% ₹ 3.2m | |
| Non-Executive & Independent Director | 6.9yrs | ₹24.00k | no data | |
| Non-Executive & Independent Director | 6.3yrs | ₹24.00k | no data | |
| Independent & Non-Executive Director | less than a year | no data | no data |
6.6yrs
Average Tenure
44yo
Average Age
Experienced Board: 540726's board of directors are considered experienced (6.6 years average tenure).