Avax Apparels and Ornaments Management
Management criteria checks 3/4
Avax Apparels and Ornaments' CEO is Harinderpal Sodhi, appointed in Nov 2022, has a tenure of 2.17 years. total yearly compensation is ₹540.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 20.99% of the company’s shares, worth ₹27.49M. The average tenure of the management team and the board of directors is 2.2 years and 2.4 years respectively.
Key information
Harinderpal Sodhi
Chief executive officer
₹540.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.2yrs |
| CEO ownership | 21.0% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.4yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | ₹540k | ₹540k | ₹14m |
| Dec 31 2023 | n/a | n/a | ₹7m |
| Mar 31 2023 | ₹735k | ₹735k | ₹7m |
| Mar 31 2022 | ₹75k | n/a | ₹101k |
Compensation vs Market: Harinderpal's total compensation ($USD6.24K) is below average for companies of similar size in the Indian market ($USD41.57K).
Compensation vs Earnings: Harinderpal's compensation has been consistent with company performance over the past year.
CEO
Harinderpal Sodhi (34 yo)
2.2yrs
Tenure
₹540,000
Compensation
Mr. Harinderpal Singh Sodhi is Director of Avax Soft Technologies Private Limited since August 16, 2021 and serves as its MD since November 7, 2022. He holds a Bachelor's degree in Arts from Shridhar Unive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.2yrs | ₹540.00k | 20.99% ₹ 27.5m | |
| Chief Financial Officer | 2.2yrs | ₹480.00k | no data | |
| Company Secretary & Compliance Officer | 2.2yrs | ₹480.00k | no data | |
| Whole-Time Executive Director | no data | ₹540.00k | 20.99% ₹ 27.5m | |
| Whole-Time Executive Director | no data | ₹450.00k | 8.56% ₹ 11.2m |
2.2yrs
Average Tenure
34yo
Average Age
Experienced Management: 544337's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.4yrs | ₹540.00k | 20.99% ₹ 27.5m | |
| Whole-Time Executive Director | 3.4yrs | ₹540.00k | 20.99% ₹ 27.5m | |
| Whole-Time Executive Director | 2.7yrs | ₹450.00k | 8.56% ₹ 11.2m | |
| Non-Executive Independent Director | 2.1yrs | no data | no data | |
| Non-Executive Independent Director | 2.2yrs | no data | no data | |
| Non-Executive Independent Director | 2.1yrs | no data | no data |
2.4yrs
Average Tenure
38yo
Average Age
Experienced Board: 544337's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 01:20 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Avax Apparels and Ornaments Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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