Avance Technologies Limited

BSE:512149 Stock Report

Market Cap: ₹1.9b

Avance Technologies Management

Management criteria checks 4/4

Avance Technologies' CEO is Srikrishna Bhamidipati, appointed in Oct 2014, has a tenure of 9.58 years. total yearly compensation is ₹50.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth ₹12.96M. The average tenure of the management team and the board of directors is 6.7 years and 6.1 years respectively.

Key information

Srikrishna Bhamidipati

Chief executive officer

₹50.0k

Total compensation

CEO salary percentage100.0%
CEO tenure9.6yrs
CEO ownership0.7%
Management average tenure6.7yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Srikrishna Bhamidipati's remuneration changed compared to Avance Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹27m

Sep 30 2023n/an/a

₹9m

Jun 30 2023n/an/a

₹2m

Mar 31 2023₹50k₹50k

₹4m

Dec 31 2022n/an/a

-₹3m

Sep 30 2022n/an/a

-₹3m

Jun 30 2022n/an/a

₹1b

Mar 31 2022n/an/a

-₹6m

Dec 31 2021n/an/a

-₹210m

Sep 30 2021n/an/a

-₹244m

Jun 30 2021n/an/a

-₹261m

Mar 31 2021n/an/a

-₹276m

Dec 31 2020n/an/a

-₹398m

Sep 30 2020n/an/a

-₹421m

Jun 30 2020n/an/a

-₹521m

Mar 31 2020₹180k₹180k

-₹506m

Compensation vs Market: Srikrishna's total compensation ($USD599.00) is below average for companies of similar size in the Indian market ($USD39.30K).

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


CEO

Srikrishna Bhamidipati (51 yo)

9.6yrs

Tenure

₹50,000

Compensation

Mr. Srikrishna Bhamidipati serves as an Non-Executive Independent Director at Eco Recycling Limited since August 14, 2019. He has been the Managing Director of Avance Technologies Ltd. since October 1, 201...


Leadership Team

NamePositionTenureCompensationOwnership
Srikrishna Bhamidipati
Chairman & MD9.6yrs₹50.00k0.68%
₹ 13.0m
Sneha Shrivastava
Company Secretary & Compliance Officer1.9yrs₹288.41kno data
Vijaysingh Purohit
Chief Financial Officer6.7yrsno datano data

6.7yrs

Average Tenure

Experienced Management: 512149's management team is seasoned and experienced (6.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Srikrishna Bhamidipati
Chairman & MD22.3yrs₹50.00k0.68%
₹ 13.0m
Vasant Bhoir
Non Executive Director7.6yrsno datano data
Akshay Nawale
Independent Non-Executive Director6.7yrsno datano data
Shakila Makandar
Non Executive Independent Director5.6yrsno datano data
Sanjay Devlekar
Independent Non-Executive Director4.7yrsno datano data
Deepak Mane
Non-Executive Director4.7yrsno datano data

6.1yrs

Average Tenure

47.5yo

Average Age

Experienced Board: 512149's board of directors are considered experienced (6.1 years average tenure).


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