Nitiraj Engineers Management
Management criteria checks 2/4
Nitiraj Engineers' CEO is Rajesh Bhatwal, appointed in Sep 2015, has a tenure of 8.58 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 ₹852.48M. The average tenure of the management team and the board of directors is 6.7 years and 2.3 years respectively.
Key information
Rajesh Bhatwal
Chief executive officer
₹4.3m
Total compensation
| CEO salary percentage | 55.8% |
| CEO tenure | 8.6yrs |
| CEO ownership | 45.7% |
| Management average tenure | 6.7yrs |
| Board average tenure | 2.3yrs |
Recent management updates
It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year
Sep 19
Shareholders 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 22Recent updates
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 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 |
|---|---|---|---|
| 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 ($USD51.61K) is above average for companies of similar size in the Indian market ($USD39.36K).
Compensation vs Earnings: Rajesh's compensation has been consistent with company performance over the past year.
CEO
Rajesh Bhatwal (59 yo)
8.6yrs
Tenure
₹4,300,000
Compensation
Mr. Rajesh Raghunath Bhatwal has been Managing Director at Nitiraj Engineers Limited since September 30, 2015 and also has been its Chairman. He has an experience in the manufacturing Electronic Weighing S...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 8.6yrs | ₹4.30m | 45.67% ₹ 852.5m | |
| Chief Financial Officer | 6.7yrs | ₹591.00k | no data | |
| Company Secretary & Compliance Officer | 4.5yrs | ₹308.00k | no data | |
| Whole-Time Woman Director | no data | ₹2.39m | 23.37% ₹ 436.2m | |
| Whole-Time Director | no data | ₹1.21m | 8.12% ₹ 151.6m | |
| General Manager of Marketing | no data | ₹2.81m | no data | |
| Whole-Time Executive Director | no data | no data | no data |
6.7yrs
Average Tenure
56yo
Average Age
Experienced Management: NITIRAJ's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 25yrs | ₹4.30m | 45.67% ₹ 852.5m | |
| Whole-Time Woman Director | 25yrs | ₹2.39m | 23.37% ₹ 436.2m | |
| Whole-Time Director | 20.8yrs | ₹1.21m | 8.12% ₹ 151.6m | |
| Whole-Time Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 2.3yrs | no data | no data | |
| Independent Non-Executive Director | 2.3yrs | no data | no data | |
| Independent Non-Executive Director | 2.3yrs | no data | no data |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Board: NITIRAJ's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.