CarTrade Tech Management
Management criteria checks 3/4
CarTrade Tech's CEO is Vinay Sanghi, appointed in Sep 2009, has a tenure of 15.25 years. total yearly compensation is ₹149.37M, comprised of 47.9% salary and 52.1% bonuses, including company stock and options. directly owns 2.67% of the company’s shares, worth ₹2.04B. The average tenure of the management team and the board of directors is 4.2 years and 3.7 years respectively.
Key information
Vinay Sanghi
Chief executive officer
₹149.4m
Total compensation
| CEO salary percentage | 47.9% |
| CEO tenure | 15.3yrs |
| CEO ownership | 2.7% |
| Management average tenure | 4.2yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CarTrade Tech Limited's (NSE:CARTRADE) Shares Climb 41% But Its Business Is Yet to Catch Up
Nov 07
CarTrade Tech's (NSE:CARTRADE) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 04CarTrade Tech Limited's (NSE:CARTRADE) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 21These 4 Measures Indicate That CarTrade Tech (NSE:CARTRADE) Is Using Debt Safely
Sep 06Market Participants Recognise CarTrade Tech Limited's (NSE:CARTRADE) Earnings Pushing Shares 30% Higher
May 09Investors 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 |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹920m |
| Jun 30 2024 | n/a | n/a | ₹854m |
| Mar 31 2024 | ₹149m | ₹72m | ₹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 ($USD1.76M) is above average for companies of similar size in the Indian market ($USD352.86K).
Compensation vs Earnings: Vinay's compensation has been consistent with company performance over the past year.
CEO
Vinay Sanghi (55 yo)
15.3yrs
Tenure
₹149,374,000
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 | 15.3yrs | ₹149.37m | 2.67% ₹ 2.0b | |
| Executive Director & CFO | no data | ₹29.11m | 0.0074% ₹ 5.7m | |
| Company Secretary & Compliance Officer | 9.2yrs | ₹3.20m | 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 | 4.2yrs | 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 |
4.2yrs
Average Tenure
Experienced Management: CARTRADE's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 15.4yrs | ₹149.37m | 2.67% ₹ 2.0b | |
| Executive Director & CFO | 3.7yrs | ₹29.11m | 0.0074% ₹ 5.7m | |
| Non-Executive Non-Independent Director | 10.2yrs | ₹300.00k | 0.11% ₹ 81.7m | |
| Non-Executive Independent Director | 3.7yrs | ₹1.23m | no data | |
| Non-Executive Independent Director | 3.6yrs | ₹1.13m | no data | |
| Non-Executive Independent Director | 3.7yrs | ₹950.00k | no data |
3.7yrs
Average Tenure
70yo
Average Age
Experienced Board: CARTRADE's board of directors are considered experienced (3.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
CarTrade Tech Limited is covered by 8 analysts. 5 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 |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Nishit Jalan | Axis Capital Limited |
| Vijit Jain | Citigroup Inc |