V-Mart Retail Limited

NSEI:VMART Stock Report

Market Cap: ₹69.5b

V-Mart Retail Management

Management criteria checks 4/4

V-Mart Retail's CEO is Lalit Agarwal, appointed in Jul 2002, has a tenure of 22.33 years. total yearly compensation is ₹18.50M, comprised of 61.1% salary and 38.9% bonuses, including company stock and options. directly owns 6.45% of the company’s shares, worth ₹4.49B. The average tenure of the management team and the board of directors is 7.8 years and 9.8 years respectively.

Key information

Lalit Agarwal

Chief executive officer

₹18.5m

Total compensation

CEO salary percentage61.1%
CEO tenure22.3yrs
CEO ownership6.5%
Management average tenure7.8yrs
Board average tenure9.8yrs

Recent management updates

This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Jul 25
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Sep 09
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Recent updates

V-Mart Retail Limited (NSE:VMART) Screens Well But There Might Be A Catch

Sep 24
V-Mart Retail Limited (NSE:VMART) Screens Well But There Might Be A Catch

This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Jul 25
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Is V-Mart Retail (NSE:VMART) A Risky Investment?

Jul 24
Is V-Mart Retail (NSE:VMART) A Risky Investment?

The Market Lifts V-Mart Retail Limited (NSE:VMART) Shares 25% But It Can Do More

Jun 10
The Market Lifts V-Mart Retail Limited (NSE:VMART) Shares 25% But It Can Do More

Is V-Mart Retail (NSE:VMART) A Risky Investment?

Dec 21
Is V-Mart Retail (NSE:VMART) A Risky Investment?

This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Sep 09
This Is Why V-Mart Retail Limited's (NSE:VMART) CEO Compensation Looks Appropriate

Here's Why We Think V-Mart Retail (NSE:VMART) Is Well Worth Watching

Jan 27
Here's Why We Think V-Mart Retail (NSE:VMART) Is Well Worth Watching

Shareholders In V-Mart Retail (NSE:VMART) Should Look Beyond Earnings For The Full Story

Jun 02
Shareholders In V-Mart Retail (NSE:VMART) Should Look Beyond Earnings For The Full Story

V-Mart Retail's (NSE:VMART) Returns On Capital Not Reflecting Well On The Business

Jan 19
V-Mart Retail's (NSE:VMART) Returns On Capital Not Reflecting Well On The Business

Why We Think V-Mart Retail Limited's (NSE:VMART) CEO Compensation Is Not Excessive At All

Aug 18
Why We Think V-Mart Retail Limited's (NSE:VMART) CEO Compensation Is Not Excessive At All

Investors Could Be Concerned With V-Mart Retail's (NSE:VMART) Returns On Capital

Jun 02
Investors Could Be Concerned With V-Mart Retail's (NSE:VMART) Returns On Capital

CEO Compensation Analysis

How has Lalit Agarwal's remuneration changed compared to V-Mart Retail's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹551m

Jun 30 2024n/an/a

-₹627m

Mar 31 2024₹19m₹11m

-₹968m

Dec 31 2023n/an/a

-₹948m

Sep 30 2023n/an/a

-₹1b

Jun 30 2023n/an/a

-₹502m

Mar 31 2023₹20m₹10m

-₹78m

Dec 31 2022n/an/a

₹265m

Sep 30 2022n/an/a

₹636m

Jun 30 2022n/an/a

₹608m

Mar 31 2022₹18m₹9m

₹116m

Dec 31 2021n/an/a

₹128m

Sep 30 2021n/an/a

₹35m

Jun 30 2021n/an/a

-₹13m

Mar 31 2021₹15m₹6m

-₹62m

Dec 31 2020n/an/a

-₹132m

Sep 30 2020n/an/a

-₹28m

Jun 30 2020n/an/a

-₹19m

Mar 31 2020₹25m₹9m

₹493m

Dec 31 2019n/an/a

₹569m

Sep 30 2019n/an/a

₹403m

Jun 30 2019n/an/a

₹544m

Mar 31 2019₹22m₹9m

₹616m

Dec 31 2018n/an/a

₹784m

Sep 30 2018n/an/a

₹734m

Jun 30 2018n/an/a

₹802m

Mar 31 2018₹24m₹9m

₹777m

Compensation vs Market: Lalit's total compensation ($USD219.10K) is below average for companies of similar size in the Indian market ($USD356.09K).

Compensation vs Earnings: Lalit's compensation has been consistent with company performance over the past year.

CEO

Lalit Agarwal (54 yo)

22.3yrs

Tenure

₹18,500,000

Compensation

Mr. Lalit Madangopal Agarwal is MD & Director of V-Mart Retail Limited from November 08, 2021. He joined the V-Mart Retail Limited on July 24, 2002. He was Chairman & MD of V-Mart Retail Limited from May 2...

Leadership Team

NamePositionTenureCompensationOwnership
Lalit Agarwal
MD & Director22.3yrs₹18.50m6.45%
₹ 4.5b
Anand Agarwal
Chief Financial Officer7.4yrs₹15.50mno data
Vineet Jain
Chief Operating Officer4yrs₹18.30m0.030%
₹ 20.8m
Madan Agarwal
Whole Time Director22.3yrs₹4.10mno data
Jayesh Kothari
President of Merchandisingno data₹12.60mno data
Megha Tandon
Company Secretary & Compliance Officer7.8yrs₹1.25mno data
Anjali Goel
Vice President of Human Resourceno datano datano data
Snehal Shah
Senior Vice President of Projects & Business Developmentno data₹7.91mno data
Jaideep Jaiman
Chief Digital Officerno datano datano data

7.8yrs

Average Tenure

53yo

Average Age

Experienced Management: VMART's management team is seasoned and experienced (7.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lalit Agarwal
MD & Director22.3yrs₹18.50m6.45%
₹ 4.5b
Madan Agarwal
Whole Time Director22.3yrs₹4.10mno data
Govind Shrikhande
Non-Executive Independent Director6yrs₹1.10mno data
Aakash Moondhra
Non-Executive Non-Independent Director14.7yrs₹800.00kno data
Murli Ramachandran
Non-Executive Independent Director9.8yrs₹1.10mno data
Sonal Mattoo
Non-Executive Independent Director9.8yrs₹500.00kno data
Raghuvesh Sarup
Independent Directorless than a yearno datano data
Shweta Kumar
Independent Directorless than a yearno datano data

9.8yrs

Average Tenure

54yo

Average Age

Experienced Board: VMART's board of directors are considered experienced (9.8 years average tenure).