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 6.25 years. total yearly compensation is ₹8.38M, comprised of 99.4% salary and 0.6% bonuses, including company stock and options. directly owns 42.11% of the company’s shares, worth ₹2.44B. The average tenure of the management team and the board of directors is 6.3 years and 6.3 years respectively.
Key information
Milind Padole
Chief executive officer
₹8.4m
Total compensation
| CEO salary percentage | 99.4% |
| CEO tenure | 6.3yrs |
| CEO ownership | 42.1% |
| Management average tenure | 6.3yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | ₹39m |
| Jun 30 2023 | n/a | n/a | ₹30m |
| Mar 31 2023 | ₹8m | ₹8m | ₹22m |
| Dec 31 2022 | n/a | n/a | -₹22m |
| Sep 30 2022 | n/a | n/a | -₹65m |
| Jun 30 2022 | n/a | n/a | -₹21m |
| Mar 31 2022 | ₹8m | ₹8m | ₹24m |
| Dec 31 2021 | n/a | n/a | ₹34m |
| Sep 30 2021 | n/a | n/a | ₹44m |
| Jun 30 2021 | n/a | n/a | ₹4m |
| Mar 31 2021 | ₹8m | ₹8m | -₹35m |
| Dec 31 2020 | n/a | n/a | -₹21m |
| Sep 30 2020 | n/a | n/a | -₹6m |
| Jun 30 2020 | n/a | n/a | ₹12m |
| Mar 31 2020 | ₹8m | ₹8m | ₹31m |
| Dec 31 2019 | n/a | n/a | ₹7m |
| Sep 30 2019 | n/a | n/a | -₹16m |
| Jun 30 2019 | n/a | n/a | ₹17m |
| Mar 31 2019 | ₹8m | ₹8m | ₹51m |
| Dec 31 2018 | n/a | n/a | ₹53m |
| Mar 31 2018 | ₹5m | ₹5m | ₹51m |
Compensation vs Market: Milind's total compensation ($USD100.34K) is above average for companies of similar size in the Indian market ($USD39.30K).
Compensation vs Earnings: Milind's compensation has been consistent with company performance over the past year.
CEO
Milind Padole (51 yo)
6.3yrs
Tenure
₹8,376,000
Compensation
Mr. Milind Manohar Padole is Chairman of the Board & MD of Affordable Robotic & Automation Limited.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & MD | 6.3yrs | ₹8.38m | 42.11% ₹ 2.4b | |
| Chief Financial Officer | 6.3yrs | ₹1.51m | no data | |
| Company Secretary & Compliance Officer | 1.6yrs | ₹424.69k | no data | |
| Whole Time Director | 6.3yrs | ₹2.98m | 0.89% ₹ 51.4m | |
| Executive Director | no data | ₹1.57m | 12.65% ₹ 731.9m | |
| Global Technical Director | no data | no data | no data |
6.3yrs
Average Tenure
42.5yo
Average Age
Experienced Management: 541402's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & MD | 6.3yrs | ₹8.38m | 42.11% ₹ 2.4b | |
| Whole Time Director | 6.3yrs | ₹2.98m | 0.89% ₹ 51.4m | |
| Executive Director | no data | ₹1.57m | 12.65% ₹ 731.9m | |
| Non-Executive Director | no data | no data | 0.00089% ₹ 51.5k | |
| Additional Independent Director | 6.3yrs | ₹185.00k | no data | |
| Additional Independent Director | 6.3yrs | ₹185.00k | no data | |
| Independent Director | 6.3yrs | ₹165.00k | no data | |
| Additional Independent Non-Executive Director | less than a year | no data | no data |
6.3yrs
Average Tenure
51.5yo
Average Age
Experienced Board: 541402's board of directors are considered experienced (6.3 years average tenure).