SpiceJet Limited

BSE:500285 Stock Report

Market Cap: ₹71.5b

SpiceJet Management

Management criteria checks 2/4

SpiceJet's CEO is Ajay Singh, appointed in May 2015, has a tenure of 9.5 years. directly owns 26.44% of the company’s shares, worth ₹18.92B. The average tenure of the management team and the board of directors is 9 years and 7 years respectively.

Key information

Ajay Singh

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure9.5yrs
CEO ownership26.4%
Management average tenure9yrs
Board average tenure7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajay Singh's remuneration changed compared to SpiceJet's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-₹5b

Mar 31 2024n/an/a

-₹4b

Dec 31 2023n/an/a

-₹6b

Sep 30 2023n/an/a

-₹1b

Jun 30 2023n/an/a

-₹5b

Mar 31 2023₹78mn/a

-₹15b

Dec 31 2022n/an/a

-₹20b

Sep 30 2022n/an/a

-₹21b

Jun 30 2022n/an/a

-₹18b

Mar 31 2022₹42mn/a

-₹17b

Dec 31 2021n/an/a

-₹15b

Sep 30 2021n/an/a

-₹16b

Jun 30 2021n/an/a

-₹12b

Mar 31 2021₹72mn/a

-₹10b

Dec 31 2020n/an/a

-₹16b

Sep 30 2020n/an/a

-₹14b

Jun 30 2020n/an/a

-₹18b

Mar 31 2020₹72mn/a

-₹9b

Dec 31 2019n/an/a

-₹659m

Sep 30 2019n/an/a

-₹794m

Jun 30 2019n/an/a

-₹39m

Mar 31 2019n/an/a

-₹3b

Dec 31 2018n/an/a

-₹3b

Sep 30 2018n/an/a

-₹1b

Jun 30 2018n/an/a

₹3b

Mar 31 2018₹147m₹147m

₹6b

Compensation vs Market: Insufficient data to establish whether Ajay's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Ajay Singh (59 yo)

9.5yrs

Tenure

₹78,000,000

Compensation

Mr. Ajay Singh has been Chairman since May 31, 2015 and Managing Director of SpiceJet Limited since May 21, 2015. Mr. Singh Co-Founded Argentum Motors Private Limited and serves as its Chairman. He has ext...

Leadership Team

NamePositionTenureCompensationOwnership
Ajay Singh
Chairman & MD9.5yrs₹78.00m26.44%
₹ 18.9b
Joyakesh Podder
Deputy Chief Financial Officerless than a yearno datano data
Arun Kashyap
Chief Operating Officer1.4yrsno datano data
Ashish Vikram
Chief Technology & Innovation Officerno datano datano data
Chandan Sand
Senior VP of Legal12.7yrs₹4.72mno data
Anand Deora
Senior Manager of Corporate Communicationsno datano datano data
Kamal Hingorani
Chief Customer Service Officer14.7yrsno datano data
Shilpa Bhatia
Chief Commercial Officer4.8yrsno datano data
G. Gupta
Chief Strategy Officer & Accountable Managerno datano datano data
Vinay Nambiar
Country Head for UAE9yrsno datano data
Tushar Srivastava
Head of Corporate Affairs & CSRno datano datano data

9.0yrs

Average Tenure

Experienced Management: 500285's management team is seasoned and experienced (9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ajay Singh
Chairman & MD9.5yrs₹78.00m26.44%
₹ 18.9b
Shiwani Singh
Non-Executive & Non-Independent Director9.5yrs₹100.00k0.00047%
₹ 336.2k
Anurag Bhargava
Independent & Non-Executive Director8.2yrs₹300.00kno data
Ajay Aggarwal
Independent Director5.8yrs₹300.00k0.0016%
₹ 1.1m
Manoj Kumar
Independent Director5.5yrs₹300.00k0.00062%
₹ 443.5k
Sonum Malhotra
Independent Directorless than a yearno datano data

7.0yrs

Average Tenure

59yo

Average Age

Experienced Board: 500285's board of directors are considered experienced (7 years average tenure).