REDTAPE Management
Management criteria checks 0/4
REDTAPE's CEO is Shuja Mirza, appointed in Mar 2023, has a tenure of 1.75 years. total yearly compensation is ₹84.04M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 58.31% of the company’s shares, worth ₹70.39B. The average tenure of the management team and the board of directors is 1.5 years and 1.7 years respectively.
Key information
Shuja Mirza
Chief executive officer
₹84.0m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 58.3% |
| Management average tenure | 1.5yrs |
| Board average tenure | 1.7yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹2b |
| Jun 30 2024 | n/a | n/a | ₹2b |
| Mar 31 2024 | ₹84m | ₹84m | ₹2b |
Compensation vs Market: Shuja's total compensation ($USD981.82K) is above average for companies of similar size in the Indian market ($USD478.85K).
Compensation vs Earnings: Insufficient data to compare Shuja's compensation with company performance.
CEO
Shuja Mirza (43 yo)
1.8yrs
Tenure
₹84,038,461
Compensation
Mr. Shuja Mirza serves as Managing Director at Redtape Limited since March 22, 2023 and serves as its Director since December 08, 2021. Mr. Mirza had been Whole-Time Director at Mirza International Limited...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Whole Time Director & Executive Chairman | 3yrs | no data | 13.29% ₹ 16.1b | |
| MD & Director | 1.8yrs | ₹84.04m | 58.31% ₹ 70.8b | |
| Chief Financial Officer | 1.8yrs | ₹3.38m | no data | |
| Company Secretary & Compliance Officer | less than a year | ₹385.42k | no data | |
| Whole-Time Director | 3yrs | ₹7.46m | no data | |
| Whole-Time Director | 1.3yrs | ₹1.42m | no data | |
| Manager of Footwear Division | no data | no data | no data |
1.5yrs
Average Tenure
48yo
Average Age
Experienced Management: REDTAPE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Whole Time Director & Executive Chairman | 3yrs | no data | 13.29% ₹ 16.1b | |
| MD & Director | 3yrs | ₹84.04m | 58.31% ₹ 70.8b | |
| Whole-Time Director | 3yrs | ₹7.46m | no data | |
| Whole-Time Director | 1.3yrs | ₹1.42m | no data | |
| Independent Non-Executive Director | 1.7yrs | ₹175.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | ₹175.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | ₹175.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | ₹125.00k | no data |
1.7yrs
Average Tenure
64.5yo
Average Age
Experienced Board: REDTAPE's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 13:02 |
| End of Day Share Price | 2024/12/31 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 |
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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
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Analyst Sources
REDTAPE 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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