Affordable Robotic & Automation Limited

BSE:541402 Stock Report

Market Cap: ₹7.2b

Affordable Robotic & Automation Management

Management criteria checks 3/4

Affordable Robotic & Automation's CEO is Milind Padole, appointed in Feb 2018, has a tenure of 6.67 years. total yearly compensation is ₹8.39M, comprised of 99.4% salary and 0.6% bonuses, including company stock and options. directly owns 41.22% of the company’s shares, worth ₹2.96B. The average tenure of the management team and the board of directors is 6.7 years and 6.8 years respectively.

Key information

Milind Padole

Chief executive officer

₹8.4m

Total compensation

CEO salary percentage99.4%
CEO tenure6.7yrs
CEO ownership41.2%
Management average tenure6.7yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Milind Padole's remuneration changed compared to Affordable Robotic & Automation's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024₹8m₹8m

₹64m

Dec 31 2023n/an/a

₹52m

Sep 30 2023n/an/a

₹39m

Jun 30 2023n/an/a

₹30m

Mar 31 2023₹8m₹8m

₹22m

Dec 31 2022n/an/a

-₹22m

Sep 30 2022n/an/a

-₹65m

Jun 30 2022n/an/a

-₹21m

Mar 31 2022₹8m₹8m

₹24m

Dec 31 2021n/an/a

₹34m

Sep 30 2021n/an/a

₹44m

Jun 30 2021n/an/a

₹4m

Mar 31 2021₹8m₹8m

-₹35m

Dec 31 2020n/an/a

-₹21m

Sep 30 2020n/an/a

-₹6m

Jun 30 2020n/an/a

₹12m

Mar 31 2020₹8m₹8m

₹31m

Dec 31 2019n/an/a

₹7m

Sep 30 2019n/an/a

-₹16m

Jun 30 2019n/an/a

₹17m

Mar 31 2019₹8m₹8m

₹51m

Dec 31 2018n/an/a

₹53m

Mar 31 2018₹5m₹5m

₹51m

Compensation vs Market: Milind's total compensation ($USD99.96K) is above average for companies of similar size in the Indian market ($USD42.95K).

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


CEO

Milind Padole (52 yo)

6.7yrs

Tenure

₹8,394,000

Compensation

Mr. Milind Manohar Padole is Chairman of the Board & MD of Affordable Robotic & Automation Limited.


Leadership Team

NamePositionTenureCompensationOwnership
Milind Padole
Chairman of the Board & MD6.7yrs₹8.39m41.22%
₹ 3.0b
Sengunthar Kalidass
Chief Financial Officer6.8yrs₹2.33mno data
Ruchika Shinde
Company Secretary & Compliance Officer2yrs₹477.92kno data
Manohar Padole
Whole Time Director6.7yrs₹3.00m0.89%
₹ 63.7m
Rahul Padole
Executive Directorno data₹6.11m13.54%
₹ 971.6m
Satish Chavan
Global Technical Directorno datano datano data

6.7yrs

Average Tenure

43.5yo

Average Age

Experienced Management: 541402's management team is seasoned and experienced (6.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Milind Padole
Chairman of the Board & MD6.7yrs₹8.39m41.22%
₹ 3.0b
Manohar Padole
Whole Time Director6.7yrs₹3.00m0.89%
₹ 63.7m
Rahul Padole
Executive Director7.3yrs₹6.11m13.54%
₹ 971.6m
Bhagirathi Padole
Non-Executive Director6.8yrsno data0.00089%
₹ 63.9k
Rohan Akolkar
Independent Director6.8yrs₹175.00kno data
Bharat Jhamvar
Independent Director6.8yrs₹175.00kno data
Ajay Deshmukh
Independent Director6.8yrs₹170.00kno data
Shailesh Pandit
Independent Director1.3yrs₹60.00kno data

6.8yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 541402's board of directors are considered experienced (6.8 years average tenure).