Sterlite Technologies Limited

BSE:532374 Stock Report

Market Cap: ₹57.7b

Sterlite Technologies Management

Management criteria checks 1/4

Sterlite Technologies' CEO is Ankit Agarwal, appointed in Dec 2021, has a tenure of 3.92 years. total yearly compensation is ₹41.90M, comprised of 64.2% salary and 35.8% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth ₹99.26M. The average tenure of the management team and the board of directors is 1.7 years and 3.9 years respectively.

Key information

Ankit Agarwal

Chief executive officer

₹41.9m

Total compensation

CEO salary percentage64.2%
CEO tenure3yrs
CEO ownership0.2%
Management average tenure1.7yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ankit Agarwal's remuneration changed compared to Sterlite Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹2b

Jun 30 2024n/an/a

-₹2b

Mar 31 2024₹42m₹27m

-₹580m

Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹39mn/a

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹326m

Jun 30 2022n/an/a

-₹870m

Mar 31 2022₹37m₹27m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹4b

Jun 30 2021n/an/a

₹4b

Mar 31 2021₹6m₹6m

₹3b

Compensation vs Market: Ankit's total compensation ($USD492.83K) is above average for companies of similar size in the Indian market ($USD352.47K).

Compensation vs Earnings: Ankit's compensation has increased whilst the company is unprofitable.

CEO

Ankit Agarwal (41 yo)

3yrs

Tenure

₹41,900,000

Compensation

Mr. Ankit Agarwal was Chief Executive Officer of Optical Networking Business of Sterlite Technologies Limited from June 05, 2024 until November, 2024. Mr. Agarwal is MD of Sterlite Technologies Limited fro...

Leadership Team

NamePositionTenureCompensationOwnership
Ankit Agarwal
MD & Whole Time Director3yrs₹41.90m0.17%
₹ 99.3m
Pravin Agarwal
Vice Chairman18.2yrs₹83.70m0.010%
₹ 5.9m
Venkatesh Murthy
Director of Operations1.4yrs₹8.40m0.012%
₹ 6.9m
Tushar Shroff
Group Chief Financial Officer2yrsno datano data
Badri Gomatam
Group Chief Technology Officerno data₹14.35mno data
Chetan Wani
Head of Investor Relationsno datano datano data
Amit Deshpande
Corporate General Counsel10.8yrs₹7.20m0.011%
₹ 6.4m
Rohit Goyal
Global Head of Marketingless than a yearno datano data
Anjali Byce
Group Chief Human Resources Officer & ESG Headless than a yearno data0.0092%
₹ 5.3m
Sanjeev Bedekar
Chief Delivery & Technology Officer - Telecom Servicesno datano datano data
Philip Coppin
Global Head of Tech Pre-Sales - Optical Network Businessno datano data0.027%
₹ 15.4m
Rahul Puri
CEO of Optical Networking Businessno datano datano data

1.7yrs

Average Tenure

59yo

Average Age

Experienced Management: 532374's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ankit Agarwal
MD & Whole Time Director3.9yrs₹41.90m0.17%
₹ 99.3m
Pravin Agarwal
Vice Chairman18.2yrs₹83.70m0.010%
₹ 5.9m
Venkatesh Murthy
Director of Operations1.4yrs₹8.40m0.012%
₹ 6.9m
Anil Agarwal
Non-Executive Chairman18.2yrsno datano data
Sek Peng Chin
Independent Non-Executive Directorless than a yearno datano data
Amrita Gangotra
Independent Directorless than a yearno datano data
Bangalore Arun
Independent Director3.9yrs₹4.20mno data
Subramanian Madhavan
Independent Director3.9yrs₹4.30m0.00061%
₹ 352.2k
Kumud Srinivasan
Independent Director6.6yrs₹4.50mno data
John Medamana
Member of Advisory Boardno datano datano data
Guy Lupo
Member of Advisory Boardno datano datano data

3.9yrs

Average Tenure

64yo

Average Age

Experienced Board: 532374's board of directors are considered experienced (3.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sterlite Technologies Limited is covered by 20 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashish AgrawalAlmondz Global Securities Ltd
Pankaj KaduAxis Capital Limited
Sushil SharmaBatlivala & Karani Securities India Pvt. Ltd.