Allcargo Logistics Management

Management criteria checks 1/4

Allcargo Logistics' CEO is Adarsh Hegde, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is ₹139.09M, comprised of 53.3% salary and 46.7% bonuses, including company stock and options. directly owns 1.85% of the company’s shares, worth ₹1.30B. The average tenure of the management team and the board of directors is 3.7 years and 2.4 years respectively.

Key information

Adarsh Hegde

Chief executive officer

₹139.1m

Total compensation

CEO salary percentage	53.3%
CEO tenure	less than a year
CEO ownership	1.9%
Management average tenure	3.7yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adarsh Hegde's remuneration changed compared to Allcargo Logistics's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹4b
Jun 30 2023	n/a	n/a	₹5b
Mar 31 2023	₹139m	₹74m	₹6b
Dec 31 2022	n/a	n/a	₹9b
Sep 30 2022	n/a	n/a	₹11b
Jun 30 2022	n/a	n/a	₹11b
Mar 31 2022	₹89m	₹24m	₹8b
Dec 31 2021	n/a	n/a	₹7b
Sep 30 2021	n/a	n/a	₹4b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹72m	₹24m	₹2b
Dec 31 2020	n/a	n/a	₹2b
Sep 30 2020	n/a	n/a	₹2b
Jun 30 2020	n/a	n/a	₹2b
Mar 31 2020	₹47m	₹24m	₹2b
Dec 31 2019	n/a	n/a	₹3b
Sep 30 2019	n/a	n/a	₹3b
Jun 30 2019	n/a	n/a	₹3b
Mar 31 2019	₹47m	₹24m	₹2b
Dec 31 2018	n/a	n/a	₹2b
Sep 30 2018	n/a	n/a	₹2b
Jun 30 2018	n/a	n/a	₹2b
Mar 31 2018	₹52m	₹27m	₹2b

Compensation vs Market: Adarsh's total compensation ($USD1.66M) is above average for companies of similar size in the Indian market ($USD380.03K).

Compensation vs Earnings: Adarsh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Adarsh Hegde (59 yo)

less than a year

Tenure

₹139,085,000

Compensation

Mr. Adarsh Sudhakar Hegde served as Joint Managing Director of Allcargo Logistics Limited since July 1, 2016 until June 2023 and He also serves as its Managing Director since June 2023. He started his care...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shashi Kiran Shetty	Founder & Executive Chairman	30.7yrs	₹258.68m	65% ₹ 45.7b
Adarsh Hegde	MD & Executive Director	less than a year	₹139.09m	1.85% ₹ 1.3b
Deepal Shah	Group CFO & Chief IR Officer	5.2yrs	₹16.60m	no data
Ravi Jakhar	Chief Strategy Officer & Chief of Staff	2.2yrs	₹23.80m	no data
Ramiah Kumar	Managing Director of Allcargo Terminals Limited	no data	₹32.30m	no data
Jatin Chokshi	Chief Investment Officer	no data	₹34.48m	no data
Kapil Mahajan	Global Chief Information & Technology Officer	no data	no data	no data
Devanand Parshottam Mojidra	Company Secretary & Compliance Officer	5.2yrs	₹2.16m	no data
Ajay Thakkar	Group Legal Head	no data	no data	no data
Indrani Chatterjee	Global Chief People Officer	no data	no data	no data
Alok Roy	Senior Vice President of Marcom	no data	no data	no data
Tim Tudor	Chief Executive Officer of ECU Worldwide	no data	no data	no data

3.7yrs

Average Tenure

65yo

Average Age

Experienced Management: 532749's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shashi Kiran Shetty	Founder & Executive Chairman	30.7yrs	₹258.68m	65% ₹ 45.7b
Adarsh Hegde	MD & Executive Director	17.7yrs	₹139.09m	1.85% ₹ 1.3b
Shloka Shetty	Head of Innovations & Non-Executive Director	less than a year	no data	no data
Nilesh Vikamsey	Non-Executive Independent Director	1.8yrs	₹1.88m	no data
Kaiwan Kalyaniwalla	Non-Executive Non-Independent Director	2.7yrs	₹2.68m	0.061% ₹ 42.7m
Arathi Shetty	Non-Executive Director	30.7yrs	₹1.75m	2.99% ₹ 2.1b
Hetal Gandhi	Additional Non-Executive Independent Director	less than a year	no data	no data
Narayanaswami Sivaraman	Non-Executive Independent Director	less than a year	no data	no data
Mohinder Bansal	Non-Executive Independent Director	13.5yrs	₹3.00m	no data
Radha Ahluwalia	Non-Executive Independent Director	2.2yrs	₹900.00k	no data

2.4yrs

Average Tenure

59yo

Average Age

Experienced Board: 532749's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Allcargo Logistics Management

Management criteria checks 1/4

Key information

Recent management updates

Allcargo Appoints Ketan Kulkarni as Chief Growth Officer

Capt. Sandeep Anand Ceased to Be Chief Executive Officer (Designated as Chief Marketing Officer) of Allcargo Logistics Limited

Allcargo Logistics Limited Announces Cessation of Mr. Mahendra Kumar Chouhan as Non-Executive Independent Director

Allcargo Logistics Limited Approves Appointment of Hetal Gandhi as an Additional Non-Executive Independent Director

Allcargo Logistics Limited Announces Resignation of Martin Müller as Non-Executive Independent Director

High number of new directors

Recent updates

Allcargo Appoints Ketan Kulkarni as Chief Growth Officer

Investor sentiment deteriorates as stock falls 15%

Capt. Sandeep Anand Ceased to Be Chief Executive Officer (Designated as Chief Marketing Officer) of Allcargo Logistics Limited

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: EPS: ₹0.11 (vs ₹1.26 in 3Q 2023)

Allcargo Logistics Limited Announces Cessation of Mr. Mahendra Kumar Chouhan as Non-Executive Independent Director

Allcargo Logistics Limited Approves Appointment of Hetal Gandhi as an Additional Non-Executive Independent Director

Now 33% undervalued after recent price drop

Investor sentiment improves as stock rises 17%

Second quarter 2024 earnings released: EPS: ₹0.89 (vs ₹8.61 in 2Q 2023)

Allcargo Logistics Limited Announces Resignation of Martin Müller as Non-Executive Independent Director

Allcargo Logistics Limited Approves Interim Dividend

High number of new directors

Allcargo Logistics Limited to Report Q4, 2024 Results on May 30, 2024

Allcargo Logistics Limited, Annual General Meeting, Sep 21, 2023

Allcargo Logistics Limited to Report Q1, 2024 Results on Aug 10, 2023

Allcargo Logistics Limited Approves Appointment of Shloka Shetty as Non-Executive Director

Allcargo Logistics Limited Announces Resignation of Parthasarathy Vankipuram Srinivasa as Vice Chairman & Non-Executive Non- Independent Director

Allcargo Logistics Limited Announces Board Changes

Allcargo Logistics Limited to Report Q4, 2023 Results on May 29, 2023

Allcargo Logistics Limited Approves Appointment of Sivaraman Narayanaswami as Additional Non-Executive Independent Director

Allcargo Logistics Limited to Report Q3, 2023 Results on Feb 13, 2023

Allcargo Logistics Limited (NSEI:ALLCARGO) entered into a Share Purchase Agreement to acquire Asiapac Equity Investment Ltd from Atlas Global Trading F.Z.C. for HKD 5 million.

Allcargo Logistics Limited to Report Q2, 2023 Results on Nov 09, 2022

Allcargo Logistics Limited Approves Interim Dividend

Allcargo Logistics Limited, Annual General Meeting, Sep 20, 2022

Allcargo Logistics Limited to Report Q1, 2023 Results on Aug 10, 2022

Allcargo Logistics Limited Announces Appointment of Mr. Nilesh Vikamsey, Effect from June 30, 2022

Allcargo Logistics Limited Announces Cessation of Cynthia Dsouza as Non-Executive Independent Director

Allcargo Logistics Limited (BSE:532749) entered into an agreement to acquire 7.6% stake in Haryana Orbital Rail Corporation Limited.

Allcargo Logistics Limited to Report Q4, 2022 Results on May 26, 2022

Allcargo Logistics Limited Approves Board Appointments

Allcargo Logistics Limited to Report Q3, 2022 Results on Feb 11, 2022

Allcargo Logistics Abandons Delisting Plan as Shareholders Reject Proposal

Allcargo Logistics Limited Declares Interim Dividend

Allcargo Eyes Concor Stake

Allcargo Logistics Limited to Report Q3, 2021 Results on Feb 11, 2021

Allcargo Logistics Limited Announces Resignation of Prakash Tulsiani, as Chief Executive Officer & Key Managerial Personnel

Allcargo Logistics Limited Appoints Suresh Kumar R as Key Managerial Personnel of the Company

Allcargo Logistics Limited to Report Q2, 2021 Results on Nov 06, 2020

Management of Ecu-Line and Allcargo acquired 100% stake in Ecu-Line from ABN AMRO and GIMV.

Allcargo Logistics Limited(BSE:532749) dropped from S&P Global BMI Index

Allcargo Logistics Limited Announces Resignation of Sheetal Gulati as Key Managerial Personnel

Allcargo Logistics Limited to Report Q1, 2021 Results on Sep 15, 2020

Board of Allcargo Logistics to Mull Delisting

Full year earnings released - EPS ₹9.08

New 90-day high - ₹98.35

Allcargo Logistics Limited (BSE:532749) completed the acquisition of 8.51% stake in Gati Limited (BSE:532345) from Mahendra Kumar Agarwal, TCI Finance Limited (NSEI:TCIFINANCE) and Mahendra Investments Advisors Private Limited.

Allcargo Logistics Limited to Report Q4, 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age