Nitiraj Engineers Management
Management criteria checks 4/4
Nitiraj Engineers' CEO is Rajesh Bhatwal, appointed in Sep 2015, has a tenure of 9.25 years. total yearly compensation is ₹4.30M, comprised of 55.8% salary and 44.2% bonuses, including company stock and options. directly owns 45.67% of the company’s shares, worth ₹1.09B. The average tenure of the management team and the board of directors is 5.2 years and 3 years respectively.
Key information
Rajesh Bhatwal
Chief executive officer
₹4.3m
Total compensation
| CEO salary percentage | 55.8% |
| CEO tenure | 9.3yrs |
| CEO ownership | 45.7% |
| Management average tenure | 5.2yrs |
| Board average tenure | 3yrs |
Recent management updates
Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)
Sep 18
It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year
Sep 19Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why
Sep 23Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)
Sep 18Nitiraj Engineers Limited (NSE:NITIRAJ) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Aug 24Nitiraj Engineers Limited's (NSE:NITIRAJ) 27% Share Price Surge Not Quite Adding Up
Jun 12It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year
Sep 19Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why
Sep 23How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?
Feb 22Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 02
Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares
Dec 07Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹79m |
| Jun 30 2024 | n/a | n/a | ₹95m |
| Mar 31 2024 | ₹4m | ₹2m | ₹120m |
| Dec 31 2023 | n/a | n/a | ₹46m |
| Sep 30 2023 | n/a | n/a | ₹28m |
| Jun 30 2023 | n/a | n/a | ₹9m |
| Mar 31 2023 | ₹4m | ₹2m | -₹2m |
| Dec 31 2022 | n/a | n/a | -₹33m |
| Sep 30 2022 | n/a | n/a | -₹36m |
| Jun 30 2022 | n/a | n/a | -₹34m |
| Mar 31 2022 | ₹4m | ₹2m | -₹35m |
| Dec 31 2021 | n/a | n/a | ₹2m |
| Sep 30 2021 | n/a | n/a | ₹29m |
| Jun 30 2021 | n/a | n/a | ₹36m |
| Mar 31 2021 | ₹4m | ₹2m | ₹35m |
| Dec 31 2020 | n/a | n/a | ₹35m |
| Sep 30 2020 | n/a | n/a | ₹14m |
| Jun 30 2020 | n/a | n/a | ₹13m |
| Mar 31 2020 | ₹4m | ₹2m | ₹24m |
| Dec 31 2019 | n/a | n/a | ₹44m |
| Sep 30 2019 | n/a | n/a | ₹65m |
| Jun 30 2019 | n/a | n/a | ₹62m |
| Mar 31 2019 | ₹4m | ₹2m | ₹60m |
| Mar 31 2018 | ₹5m | ₹3m | ₹30m |
Compensation vs Market: Rajesh's total compensation ($USD50.22K) is about average for companies of similar size in the Indian market ($USD42.11K).
Compensation vs Earnings: Rajesh's compensation has been consistent with company performance over the past year.
CEO
Rajesh Bhatwal (60 yo)
9.3yrs
Tenure
₹4,300,000
Compensation
Mr. Rajesh Raghunath Bhatwal has been Managing Director at Nitiraj Engineers Limited since September 30, 2015 and is its Chief Executive Officer and also has been its Chairman. He has an experience in the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.3yrs | ₹4.30m | 45.67% ₹ 1.1b | |
| Company Secretary & Compliance Officer | 5.2yrs | ₹308.00k | no data | |
| Whole-Time Executive Woman Director | no data | ₹2.39m | 23.37% ₹ 543.8m | |
| Whole-Time Director | no data | ₹1.25m | 8.12% ₹ 189.0m | |
| Whole-Time Executive Director | no data | ₹350.00k | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| General Manager of Marketing | no data | ₹2.81m | no data |
5.2yrs
Average Tenure
58yo
Average Age
Experienced Management: NITIRAJ's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.7yrs | ₹4.30m | 45.67% ₹ 1.1b | |
| Whole-Time Executive Woman Director | 25.7yrs | ₹2.39m | 23.37% ₹ 543.8m | |
| Whole-Time Director | 21.4yrs | ₹1.25m | 8.12% ₹ 189.0m | |
| Whole-Time Executive Director | less than a year | ₹350.00k | no data | |
| Independent Director Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 3yrs | no data | no data | |
| Independent Non-Executive Director | 3yrs | no data | no data | |
| Independent Non-Executive Director | 3yrs | no data | no data |
3.0yrs
Average Tenure
59yo
Average Age
Experienced Board: NITIRAJ's board of directors are considered experienced (3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:52 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Nitiraj Engineers Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|