Sterlite Technologies Management
Management criteria checks 1/4
Sterlite Technologies' CEO is Ankit Agarwal, appointed in Dec 2021, has a tenure of 3.17 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 ₹88.23M. The average tenure of the management team and the board of directors is 1.3 years and 4.1 years respectively.
Key information
Ankit Agarwal
Chief executive officer
₹41.9m
Total compensation
CEO salary percentage | 64.2% |
CEO tenure | 3.2yrs |
CEO ownership | 0.2% |
Management average tenure | 1.3yrs |
Board average tenure | 4.1yrs |
Recent management updates
Recent updates
The Sterlite Technologies Limited (NSE:STLTECH) Analysts Have Been Trimming Their Sales Forecasts
May 11Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher
Apr 30Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns
Feb 27Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?
Nov 17Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term
Oct 28Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
May 23Capital Allocation Trends At Sterlite Technologies (NSE:STLTECH) Aren't Ideal
Mar 01We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt
Jan 18Is There Now An Opportunity In Sterlite Technologies Limited (NSE:STLTECH)?
Dec 14Estimating The Fair Value Of Sterlite Technologies Limited (NSE:STLTECH)
Sep 30Sterlite Technologies' (NSE:STLTECH) Dividend Will Be Reduced To ₹0.50
Aug 09Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50
Jul 26Returns On Capital Signal Tricky Times Ahead For Sterlite Technologies (NSE:STLTECH)
Jun 15Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
Apr 28CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2024 | n/a | n/a | -₹2b |
Sep 30 2024 | n/a | n/a | -₹2b |
Jun 30 2024 | n/a | n/a | -₹2b |
Mar 31 2024 | ₹42m | ₹27m | -₹580m |
Dec 31 2023 | n/a | n/a | ₹1b |
Sep 30 2023 | n/a | n/a | ₹2b |
Jun 30 2023 | n/a | n/a | ₹3b |
Mar 31 2023 | ₹39m | n/a | ₹2b |
Dec 31 2022 | n/a | n/a | ₹2b |
Sep 30 2022 | n/a | n/a | ₹326m |
Jun 30 2022 | n/a | n/a | -₹870m |
Mar 31 2022 | ₹37m | ₹27m | ₹2b |
Dec 31 2021 | n/a | n/a | ₹2b |
Sep 30 2021 | n/a | n/a | ₹4b |
Jun 30 2021 | n/a | n/a | ₹4b |
Mar 31 2021 | ₹6m | ₹6m | ₹3b |
Compensation vs Market: Ankit's total compensation ($USD478.88K) is above average for companies of similar size in the Indian market ($USD263.96K).
Compensation vs Earnings: Ankit's compensation has increased whilst the company is unprofitable.
CEO
Ankit Agarwal (41 yo)
3.2yrs
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Whole Time Director | 3.2yrs | ₹41.90m | 0.17% ₹ 88.2m | |
Vice Chairman | 18.3yrs | ₹83.70m | 0.010% ₹ 5.3m | |
Director of Operations | 1.6yrs | ₹8.40m | 0.012% ₹ 6.1m | |
Group Chief Financial Officer | 2.2yrs | no data | no data | |
Group Chief Technology Officer | no data | ₹14.35m | no data | |
Head of Investor Relations | no data | no data | no data | |
Company Secretary & Compliance Officer | no data | no data | no data | |
Global Head of Marketing | 1.1yrs | no data | no data | |
Group Chief Human Resources Officer & ESG Head | 1.1yrs | no data | 0.0092% ₹ 4.7m | |
Chief Delivery & Technology Officer - Telecom Services | no data | no data | no data | |
Global Head of Tech Pre-Sales - Optical Network Business | no data | no data | 0.027% ₹ 13.7m | |
CEO of Optical Networking Business | no data | no data | no data |
1.3yrs
Average Tenure
59yo
Average Age
Experienced Management: STLTECH's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Whole Time Director | 4.1yrs | ₹41.90m | 0.17% ₹ 88.2m | |
Vice Chairman | 18.3yrs | ₹83.70m | 0.010% ₹ 5.3m | |
Director of Operations | 1.6yrs | ₹8.40m | 0.012% ₹ 6.1m | |
Non-Executive Chairman | 18.3yrs | no data | no data | |
Independent Non-Executive Director | less than a year | no data | no data | |
Independent Director | less than a year | no data | no data | |
Independent Director | 4.1yrs | ₹4.20m | no data | |
Independent Director | 4.1yrs | ₹4.30m | 0.00061% ₹ 313.1k | |
Independent Director | 6.8yrs | ₹4.50m | no data | |
Member of Advisory Board | no data | no data | no data | |
Member of Advisory Board | no data | no data | no data |
4.1yrs
Average Tenure
64yo
Average Age
Experienced Board: STLTECH's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/07 00:55 |
End of Day Share Price | 2025/02/07 00:00 |
Earnings | 2024/12/31 |
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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Sterlite Technologies Limited is covered by 21 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.
Analyst | Institution |
---|---|
Ashish Agrawal | Almondz Global Securities Ltd |
Pankaj Kadu | Axis Capital Limited |
Sushil Sharma | Batlivala & Karani Securities India Pvt. Ltd. |