Gretex Industries Management
Management criteria checks 2/4
Gretex Industries' CEO is Arvind Harlalka, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is ₹1.13M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.62% of the company’s shares, worth ₹113.46M. The average tenure of the management team and the board of directors is 1.3 years and 1.3 years respectively.
Key information
Arvind Harlalka
Chief executive officer
₹1.1m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.1yrs |
| CEO ownership | 10.6% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Gretex Industries' (NSE:GRETEX) Earnings Aren't As Good As They Appear
Nov 15
We Ran A Stock Scan For Earnings Growth And Gretex Industries (NSE:GRETEX) Passed With Ease
Aug 27Investors Shouldn't Be Too Comfortable With Gretex Industries' (NSE:GRETEX) Earnings
May 08What Gretex Industries Limited's (NSE:GRETEX) P/E Is Not Telling You
Mar 06Potential Upside For Gretex Industries Limited (NSE:GRETEX) Not Without Risk
Oct 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹98m |
| Jun 30 2024 | n/a | n/a | ₹99m |
| Mar 31 2024 | ₹1m | ₹1m | ₹99m |
| Dec 31 2023 | n/a | n/a | ₹53m |
| Sep 30 2023 | n/a | n/a | ₹9m |
| Jun 30 2023 | n/a | n/a | ₹8m |
| Mar 31 2023 | ₹3m | ₹3m | ₹6m |
| Dec 31 2022 | n/a | n/a | ₹8m |
| Sep 30 2022 | n/a | n/a | ₹9m |
| Jun 30 2022 | n/a | n/a | ₹7m |
| Mar 31 2022 | ₹2m | ₹2m | ₹5m |
| Sep 30 2021 | n/a | n/a | ₹11m |
| Jun 30 2021 | n/a | n/a | ₹7m |
| Mar 31 2021 | ₹1m | ₹1m | ₹2m |
| Sep 30 2020 | n/a | n/a | -₹8m |
| Jun 30 2020 | n/a | n/a | -₹5m |
| Mar 31 2020 | ₹1m | ₹1m | -₹1m |
| Sep 30 2019 | n/a | n/a | -₹2m |
| Jun 30 2019 | n/a | n/a | -₹1m |
| Mar 31 2019 | ₹1m | ₹1m | ₹217k |
| Mar 31 2018 | ₹360k | ₹360k | ₹647k |
Compensation vs Market: Arvind's total compensation ($USD13.24K) is below average for companies of similar size in the Indian market ($USD42.37K).
Compensation vs Earnings: Arvind's compensation has been consistent with company performance over the past year.
CEO
Arvind Harlalka (49 yo)
1.1yrs
Tenure
₹1,125,000
Compensation
Mr. Arvind Harlalka has been the Managing Director of Gretex Share Broking Private Limited since August 08, 2023 and serves as its Director since April 08, 2016. Mr. Arvind Harlalka is MD & Executive Chair...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Chairman | 1.1yrs | ₹1.13m | 10.62% ₹ 113.5m | |
| MD & Director | 1.6yrs | ₹2.20m | no data | |
| Chief Financial Officer | 7.3yrs | no data | 5.91% ₹ 63.1m | |
| Company Secretary | 1.1yrs | ₹219.98k | no data |
1.3yrs
Average Tenure
Experienced Management: GRETEX'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 | 14.8yrs | ₹1.13m | 10.62% ₹ 113.5m | |
| MD & Director | 1.6yrs | ₹2.20m | no data | |
| Non Independent Non Executive Director | 7.4yrs | no data | 2.3% ₹ 24.6m | |
| Additional Non-Executive Independent Director | less than a year | no data | no data | |
| Additional Non-Executive Independent Director | 1.1yrs | no data | no data | |
| Additional Executive Director | less than a year | no data | no data |
1.3yrs
Average Tenure
44yo
Average Age
Experienced Board: GRETEX's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:41 |
| End of Day Share Price | 2024/11/19 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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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
Gretex Industries 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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