Trident Texofab Limited

BSE:540726 Stock Report

Market Cap: ₹1.1b

Trident Texofab Management

Management criteria checks 2/4

Trident Texofab's CEO is Hardik Desai, appointed in Jun 2017, has a tenure of 7.42 years. total yearly compensation is ₹2.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 21.08% of the company’s shares, worth ₹236.22M. The average tenure of the management team and the board of directors is 1.8 years and 7.1 years respectively.

Key information

Hardik Desai

Chief executive officer

₹2.2m

Total compensation

CEO salary percentage100.0%
CEO tenure7.4yrs
CEO ownership21.1%
Management average tenure1.8yrs
Board average tenure7.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hardik Desai's remuneration changed compared to Trident Texofab's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹22m

Jun 30 2024n/an/a

₹19m

Mar 31 2024₹2m₹2m

₹11m

Dec 31 2023n/an/a

₹12m

Sep 30 2023n/an/a

₹18m

Jun 30 2023n/an/a

₹19m

Mar 31 2023₹2m₹2m

₹22m

Dec 31 2022n/an/a

₹28m

Sep 30 2022n/an/a

₹18m

Jun 30 2022n/an/a

₹11m

Mar 31 2022₹2m₹2m

₹10m

Dec 31 2021n/an/a

₹9m

Sep 30 2021n/an/a

₹9m

Jun 30 2021n/an/a

₹10m

Mar 31 2021₹1m₹1m

₹4m

Dec 31 2020n/an/a

₹728k

Sep 30 2020n/an/a

₹2m

Jun 30 2020n/an/a

₹2m

Mar 31 2020₹2m₹2m

₹9m

Dec 31 2019n/an/a

₹9m

Sep 30 2019n/an/a

₹10m

Jun 30 2019n/an/a

₹12m

Mar 31 2019₹2m₹2m

₹13m

Dec 31 2018n/an/a

₹12m

Sep 30 2018n/an/a

₹11m

Jun 30 2018n/an/a

₹8m

Mar 31 2018₹720k₹720k

₹8m

Compensation vs Market: Hardik's total compensation ($USD26.09K) is below average for companies of similar size in the Indian market ($USD42.70K).

Compensation vs Earnings: Hardik's compensation has increased by more than 20% in the past year.


CEO

Hardik Desai (46 yo)

7.4yrs

Tenure

₹2,200,000

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

NamePositionTenureCompensationOwnership
Hardik Desai
MD & Executive Chairman7.4yrs₹2.20m21.08%
₹ 236.2m
Chetan Jariwala
Whole-Time Directorno data₹1.20m15.48%
₹ 173.5m
Manish Halwawala
Executive & Non-Independent Directorno data₹660.00k0.65%
₹ 7.2m
Jenish Jariwala
Chief Financial Officerless than a yearno datano data
Rahul Jariwala
Company Secretary & Compliance officer1.8yrsno datano data

1.8yrs

Average Tenure

46.5yo

Average Age

Experienced Management: 540726's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hardik Desai
MD & Executive Chairman16.2yrs₹2.20m21.08%
₹ 236.2m
Chetan Jariwala
Whole-Time Director11.8yrs₹1.20m15.48%
₹ 173.5m
Manish Halwawala
Executive & Non-Independent Director4yrs₹660.00k0.65%
₹ 7.2m
Natasha Francis Dsouza
Non-Executive & Independent Director7.4yrs₹24.00kno data
Ankita Saraiya
Non-Executive & Independent Director6.8yrs₹24.00kno data
Mishal Patel
Independent & Non-Executive Director1.3yrsno datano data

7.1yrs

Average Tenure

45yo

Average Age

Experienced Board: 540726's board of directors are considered experienced (7.1 years average tenure).