Precision Electronics Management
Management criteria checks 4/4
Precision Electronics' CEO is Ashok Kanodia, appointed in Jun 2010, has a tenure of 45.08 years. total yearly compensation is ₹3.02M, comprised of 94.7% salary and 5.3% bonuses, including company stock and options. directly owns 1.32% of the company’s shares, worth ₹29.58M. The average tenure of the management team and the board of directors is 9.8 years and 5.7 years respectively.
Key information
Ashok Kanodia
Chief executive officer
₹3.0m
Total compensation
| CEO salary percentage | 94.7% |
| CEO tenure | 14yrs |
| CEO ownership | 1.3% |
| Management average tenure | 9.8yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹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 | ₹3m | ₹3m | ₹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 | ₹3m | ₹3m | -₹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 | ₹3m | ₹3m | ₹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 | ₹3m | ₹3m | ₹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 | ₹2m | ₹2m | -₹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 | ₹2m | ₹2m | -₹15m |
Compensation vs Market: Ashok's total compensation ($USD36.26K) is about average for companies of similar size in the Indian market ($USD37.85K).
Compensation vs Earnings: Ashok's compensation has been consistent with company performance over the past year.
CEO
Ashok Kanodia (73 yo)
14yrs
Tenure
₹3,024,099
Compensation
Mr. Ashok Kumar Kanodia founded Precision Electronics Ltd. in 1979 and has been its Managing Director since June 05, 2010. His leadership extends to shaping National Policies and Regulations as Member of t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 14yrs | ₹3.02m | 1.32% ₹ 29.6m | |
| President & Whole Time Director | no data | ₹6.26m | 24.67% ₹ 552.5m | |
| Chief Financial Officer | 9.8yrs | ₹2.57m | no data | |
| Assistant General Manager of HR & Admin | 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 |
9.8yrs
Average Tenure
52yo
Average Age
Experienced Management: 517258's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 45.1yrs | ₹3.02m | 1.32% ₹ 29.6m | |
| President & Whole Time Director | 6.8yrs | ₹6.26m | 24.67% ₹ 552.5m | |
| Non Executive Director | 19.8yrs | ₹15.00k | no data | |
| Non Executive Independent Director | 13.3yrs | ₹209.00k | no data | |
| Independent Director | 1.3yrs | ₹67.50k | no data | |
| Non-Executive Chairperson | less than a year | ₹60.00k | no data | |
| Non Executive Independent Director | 4.5yrs | ₹79.00k | no data | |
| Additional Non Executive Director | 3.3yrs | ₹45.00k | no data |
5.7yrs
Average Tenure
52yo
Average Age
Experienced Board: 517258's board of directors are considered experienced (5.7 years average tenure).