Onward Technologies Limited

BSE:517536 Stock Report

Market Cap: ₹7.2b

Onward Technologies Management

Management criteria checks 1/4

Onward Technologies' CEO is Jigar Mehta, appointed in May 2016, has a tenure of 8.5 years. total yearly compensation is ₹34.72M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 1.66% of the company’s shares, worth ₹119.64M. The average tenure of the management team and the board of directors is 1.5 years and 3.4 years respectively.

Key information

Jigar Mehta

Chief executive officer

₹34.7m

Total compensation

CEO salary percentage37.4%
CEO tenure8.5yrs
CEO ownership1.7%
Management average tenure1.5yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jigar Mehta's remuneration changed compared to Onward Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹241m

Jun 30 2024n/an/a

₹301m

Mar 31 2024₹35m₹13m

₹339m

Dec 31 2023n/an/a

₹345m

Sep 30 2023n/an/a

₹301m

Jun 30 2023n/an/a

₹212m

Mar 31 2023₹15m₹13m

₹115m

Dec 31 2022n/an/a

₹75m

Sep 30 2022n/an/a

₹100m

Jun 30 2022n/an/a

₹150m

Mar 31 2022₹21m₹13m

₹237m

Dec 31 2021n/an/a

₹226m

Sep 30 2021n/an/a

₹200m

Jun 30 2021n/an/a

₹168m

Mar 31 2021₹14m₹7m

₹73m

Dec 31 2020n/an/a

₹22m

Sep 30 2020n/an/a

₹27m

Jun 30 2020n/an/a

₹33m

Mar 31 2020₹13m₹4m

₹62m

Dec 31 2019n/an/a

₹124m

Sep 30 2019n/an/a

₹125m

Jun 30 2019n/an/a

₹114m

Mar 31 2019₹8m₹8m

₹101m

Dec 31 2018n/an/a

₹81m

Sep 30 2018n/an/a

₹56m

Jun 30 2018n/an/a

₹63m

Mar 31 2018₹8m₹8m

₹67m

Compensation vs Market: Jigar's total compensation ($USD411.99K) is above average for companies of similar size in the Indian market ($USD42.63K).

Compensation vs Earnings: Jigar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jigar Mehta (45 yo)

8.5yrs

Tenure

₹34,720,000

Compensation

Mr. Jigar Harish Mehta has been the Managing Director of Onward Technologies Limited since May 16, 2016. Mr. Mehta served as the Chief Operating Officer of Onward Technologies Limited until May 16, 2016 an...

Leadership Team

NamePositionTenureCompensationOwnership
Harish Mehta
Founder & Executive Chairman33.3yrs₹38.55m0.96%
₹ 68.8m
Jigar Mehta
MD & Executive Director8.5yrs₹34.72m1.66%
₹ 119.6m
Pawan Nathani
Chief Financial Officer1.5yrs₹473.00kno data
Vinav Agarwal
Company Secretary & Compliance Officer1.1yrs₹149.00kno data
Sandeep Bhattacharya
Senior Vice President of Learning & Organizational Developmentno datano datano data
Satish Ramanan
Senior VP & Head of IT Servicesno datano data0.044%
₹ 3.2m

1.5yrs

Average Tenure

Experienced Management: 517536's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Harish Mehta
Founder & Executive Chairman33.3yrs₹38.55m0.96%
₹ 68.8m
Jigar Mehta
MD & Executive Director8.5yrs₹34.72m1.66%
₹ 119.6m
Dhanpal Jhaveri
Non-Executive Independent Directors1.5yrs₹390.00kno data
Harsha Raghavan
Non-Independent Non-Executive Director3.4yrsno datano data
Jai Diwanji
Non-Executive Independent Directors1.5yrs₹165.00k0.025%
₹ 1.8m
Jay Sonawala
Independent Non-Executive Director4.5yrs₹515.00k0.0022%
₹ 159.2k
Niranjani Chandramouli
Women Independent & Non-Executive Director2.2yrs₹345.00kno data

3.4yrs

Average Tenure

52yo

Average Age

Experienced Board: 517536's board of directors are considered experienced (3.4 years average tenure).