Precision Electronics Management
Management criteria checks 2/4
Precision Electronics' CEO is Nikhil Kanodia, appointed in Sep 2024, has a tenure of less than a year. total yearly compensation is ₹6.98M, comprised of 85.1% salary and 14.9% bonuses, including company stock and options. directly owns 24.67% of the company’s shares, worth ₹480.45M. The average tenure of the management team and the board of directors is 0.8 years and 4.9 years respectively.
Key information
Nikhil Kanodia
Chief executive officer
₹7.0m
Total compensation
| CEO salary percentage | 85.1% |
| CEO tenure | less than a year |
| CEO ownership | 24.7% |
| Management average tenure | less than a year |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹5m |
| Mar 31 2024 | ₹7m | ₹6m | ₹15m |
| Dec 31 2023 | n/a | n/a | ₹2m |
| Sep 30 2023 | n/a | n/a | -₹29m |
| Jun 30 2023 | n/a | n/a | -₹9m |
| Mar 31 2023 | ₹6m | ₹6m | ₹81k |
| Dec 31 2022 | n/a | n/a | -₹8m |
| Sep 30 2022 | n/a | n/a | ₹18m |
| Jun 30 2022 | n/a | n/a | ₹15m |
| Mar 31 2022 | ₹6m | ₹5m | -₹17m |
| Dec 31 2021 | n/a | n/a | -₹19m |
| Sep 30 2021 | n/a | n/a | -₹13m |
| Jun 30 2021 | n/a | n/a | -₹25m |
| Mar 31 2021 | ₹6m | ₹5m | ₹6m |
| Dec 31 2020 | n/a | n/a | ₹4m |
| Sep 30 2020 | n/a | n/a | -₹9m |
| Jun 30 2020 | n/a | n/a | ₹600k |
| Mar 31 2020 | ₹6m | ₹6m | ₹4m |
| Dec 31 2019 | n/a | n/a | ₹8m |
| Sep 30 2019 | n/a | n/a | -₹5m |
| Jun 30 2019 | n/a | n/a | -₹30m |
| Mar 31 2019 | ₹4m | ₹4m | -₹47m |
| Dec 31 2018 | n/a | n/a | -₹23m |
| Sep 30 2018 | n/a | n/a | -₹34m |
| Jun 30 2018 | n/a | n/a | -₹29m |
| Mar 31 2018 | ₹4m | ₹3m | -₹15m |
Compensation vs Market: Nikhil's total compensation ($USD83.06K) is above average for companies of similar size in the Indian market ($USD42.81K).
Compensation vs Earnings: Nikhil's compensation has been consistent with company performance over the past year.
CEO
Nikhil Kanodia (48 yo)
less than a year
Tenure
₹6,984,780
Compensation
Mr. Nikhil Kanodia is Managing Director of Precision Electronics Limited from September 24, 2024. He was President of Precision Electronics Limited & is its Whole Time Director. He served as President and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Managing Director | less than a year | ₹6.98m | 24.67% ₹ 480.4m | |
| Chief Financial Officer | 10.3yrs | ₹2.57m | no data | |
| Vice President of Operations & HR | no data | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Senior Vice President of Marketing | no data | no data | no data |
0.8yrs
Average Tenure
50yo
Average Age
Experienced Management: 517258's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Managing Director | 7.3yrs | ₹6.98m | 24.67% ₹ 480.4m | |
| Non Executive Director | 20.2yrs | ₹30.00k | no data | |
| Director | 45.5yrs | ₹3.29m | 1.32% ₹ 25.7m | |
| Non Executive Independent Director | 1.8yrs | ₹145.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Non Executive Independent Director | 4.9yrs | ₹75.00k | no data | |
| Additional Non Executive Director | 3.8yrs | ₹15.00k | no data |
4.9yrs
Average Tenure
50yo
Average Age
Experienced Board: 517258's board of directors are considered experienced (4.9 years average tenure).