CarTrade Tech Management
Management criteria checks 3/4
CarTrade Tech's CEO is Vinay Sanghi, appointed in Sep 2009, has a tenure of 14.67 years. total yearly compensation is ₹204.44M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 2.08% of the company’s shares, worth ₹913.92M. The average tenure of the management team and the board of directors is 3.6 years and 3.1 years respectively.
Key information
Vinay Sanghi
Chief executive officer
₹204.4m
Total compensation
| CEO salary percentage | 31.3% |
| CEO tenure | 14.7yrs |
| CEO ownership | 2.1% |
| Management average tenure | 3.6yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Market Participants Recognise CarTrade Tech Limited's (NSE:CARTRADE) Earnings Pushing Shares 30% Higher
May 09
Investors Shouldn't Be Too Comfortable With CarTrade Tech's (NSE:CARTRADE) Earnings
Nov 17We Like These Underlying Return On Capital Trends At CarTrade Tech (NSE:CARTRADE)
Sep 15Analysts Have Been Trimming Their CarTrade Tech Limited (NSE:CARTRADE) Price Target After Its Latest Report
May 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹765m |
| Dec 31 2023 | n/a | n/a | ₹705m |
| Sep 30 2023 | n/a | n/a | ₹519m |
| Jun 30 2023 | n/a | n/a | ₹444m |
| Mar 31 2023 | ₹204m | ₹64m | ₹340m |
| Dec 31 2022 | n/a | n/a | -₹66m |
| Sep 30 2022 | n/a | n/a | -₹430m |
| Jun 30 2022 | n/a | n/a | -₹841m |
| Mar 31 2022 | ₹2b | ₹58m | -₹1b |
| Dec 31 2021 | n/a | n/a | -₹932m |
| Sep 30 2021 | n/a | n/a | -₹517m |
| Jun 30 2021 | n/a | n/a | ₹166m |
| Mar 31 2021 | ₹56m | n/a | ₹925m |
| Mar 31 2020 | ₹47m | n/a | ₹206m |
Compensation vs Market: Vinay's total compensation ($USD2.46M) is above average for companies of similar size in the Indian market ($USD281.09K).
Compensation vs Earnings: Vinay's compensation has been consistent with company performance over the past year.
CEO
Vinay Sanghi (54 yo)
14.7yrs
Tenure
₹204,443,000
Compensation
Mr. Vinay Vinod Sanghi serves as Independent Director at HDFC ERGO General Insurance Company Limited since 2022. He serves as Chief Executive Officer of MXC Solutions India Pvt. Ltd.Mr. Sanghi is the Foun...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 14.7yrs | ₹204.44m | 2.08% ₹ 913.9m | |
| Executive Director & CFO | no data | ₹37.69m | 0.0021% ₹ 932.6k | |
| Company Secretary & Compliance Officer | 8.6yrs | ₹37.00 | no data | |
| Co-Founder | no data | no data | no data | |
| Chief Product Officer | no data | no data | no data | |
| Chief Executive Officer of Consumer Business | 3.6yrs | no data | no data | |
| Chief Strategy Officer | 3.6yrs | no data | no data | |
| President of CarWale Used Cars | no data | no data | no data | |
| MD & CEO of OLX India | less than a year | no data | no data | |
| Head of CarTrade Ventures | less than a year | no data | no data | |
| Chief Executive Officer of Shriram Automall India Limited | no data | no data | no data |
3.6yrs
Average Tenure
Experienced Management: CARTRADE's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 14.8yrs | ₹204.44m | 2.08% ₹ 913.9m | |
| Executive Director & CFO | 3.1yrs | ₹37.69m | 0.0021% ₹ 932.6k | |
| Non-Executive Non-Independent Director | 9.6yrs | ₹225.00k | 0.11% ₹ 47.1m | |
| Non-Executive Independent Director | 3.1yrs | ₹1.03m | no data | |
| Non-Executive Independent Director | 3yrs | ₹925.00k | no data | |
| Non-Executive Independent Director | 3.1yrs | ₹700.00k | no data |
3.1yrs
Average Tenure
69yo
Average Age
Experienced Board: CARTRADE's board of directors are considered experienced (3.1 years average tenure).