VRL Logistics Management

Management criteria checks 3/4

VRL Logistics' CEO is Vijay Sankeshwar, appointed in Jan 2007, has a tenure of 17.25 years. total yearly compensation is ₹47.29M, comprised of 71.5% salary and 28.5% bonuses, including company stock and options. directly owns 28.35% of the company’s shares, worth ₹14.08B. The average tenure of the management team and the board of directors is 13.3 years and 8.9 years respectively.

Key information

Vijay Sankeshwar

Chief executive officer

₹47.3m

Total compensation

CEO salary percentage	71.5%
CEO tenure	17.3yrs
CEO ownership	28.4%
Management average tenure	13.3yrs
Board average tenure	8.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vijay Sankeshwar's remuneration changed compared to VRL Logistics's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹2b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹47m	₹34m	₹2b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹43m	₹32m	₹2b
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹1b
Jun 30 2021	n/a	n/a	₹1b
Mar 31 2021	₹31m	₹31m	₹451m
Dec 31 2020	n/a	n/a	₹100m
Sep 30 2020	n/a	n/a	-₹39m
Jun 30 2020	n/a	n/a	-₹540k
Mar 31 2020	₹40m	₹34m	₹901m
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹1b
Jun 30 2019	n/a	n/a	₹952m
Mar 31 2019	₹39m	₹32m	₹919m
Dec 31 2018	n/a	n/a	₹834m
Sep 30 2018	n/a	n/a	₹820m
Jun 30 2018	n/a	n/a	₹830m
Mar 31 2018	₹40m	₹34m	₹926m

Compensation vs Market: Vijay's total compensation ($USD567.03K) is above average for companies of similar size in the Indian market ($USD271.53K).

Compensation vs Earnings: Vijay's compensation has been consistent with company performance over the past year.

CEO

Vijay Sankeshwar (73 yo)

17.3yrs

Tenure

₹47,288,000

Compensation

Dr. Vijay Basavanneppa Sankeshwar, B.Com has been the Chairman and Managing Director of VRL Logistics Ltd since January 01, 2007. Dr. Sankeshwar started VRL Company in the year 1976 as a proprietary concer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vijay Sankeshwar	Chairman & MD	17.3yrs	₹47.29m	28.35% ₹ 14.1b
Anand Sankeshwar	MD & Whole Time Director	19.3yrs	₹31.00m	31.43% ₹ 15.6b
Sunil Nalavadi	CFO & Investor Relation Officer	no data	₹14.27m	no data
Raghavendra Malgi	Vice President of Accounts	no data	₹6.60m	no data
Laxminarayan Bhat	CTO & Whole Time Director	10.1yrs	₹16.47m	0.0024% ₹ 1.2m
Aniruddha Phadnavis	GM of Finance	no data	₹13.17m	no data
Vani Sankeshwar	President	14.3yrs	no data	0.45% ₹ 225.0m
S. Hatti	Vice President of Administration	10.3yrs	no data	no data
Suresh Annavajhala	Vice President of Marketing	no data	₹260.00k	no data
S. Patil	Vice President of Human Resource Department	11.8yrs	no data	no data
Manish Gopal	Chief Pilot	13.3yrs	₹6.45m	no data
Gopalkrishna Ayyer	Vice President of Finance	13.4yrs	no data	no data

13.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 539118's management team is seasoned and experienced (13.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vijay Sankeshwar	Chairman & MD	17.3yrs	₹47.29m	28.35% ₹ 14.1b
Anand Sankeshwar	MD & Whole Time Director	16.8yrs	₹31.00m	31.43% ₹ 15.6b
Laxminarayan Bhat	CTO & Whole Time Director	6.7yrs	₹16.47m	0.0024% ₹ 1.2m
Medha Pawar	Independent Woman Director	9.3yrs	₹255.00k	no data
Anand Pandurangi	Independent Director	9.2yrs	₹135.00k	no data
Raghottam Akamanchi	Non-Executive Director	9.2yrs	₹180.00k	no data
Shankarasa Ladwa	Independent Director	9.2yrs	₹330.00k	no data
Ashok Shettar	Non-Executive Director	8.7yrs	₹90.00k	no data
Shantilal Jain	Independent Director	less than a year	no data	no data
Shiva Sankeshwar	Non-Executive Director	less than a year	no data	no data
Shailaja Ambli	Independent Director	less than a year	no data	no data
Virupaxagouda Patil	Independent Director	no data	no data	no data

8.9yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 539118's board of directors are considered experienced (8.9 years average tenure).

VRL Logistics Management

Management criteria checks 3/4

Key information

Recent management updates

VRL Logistics Limited Announces Management Appointments

Vrl Logistics Limited Announces the Resignation of Smriti Bellad as Independent Director

VRL Logistics Limited Appoints Shantilal D. Jain as an Independent Director

VRL Logistics Limited, Annual General Meeting, Aug 07, 2023

VRL Logistics Limited, Annual General Meeting, Aug 07, 2023

Insufficient new directors

Recent updates

Price target decreased by 7.6% to ₹724

Price target decreased by 8.5% to ₹738

New minor risk - Financial position

Third quarter 2024 earnings released: EPS: ₹1.56 (vs ₹4.28 in 3Q 2023)

Now 22% undervalued

VRL Logistics Limited to Report Q3, 2024 Results on Feb 05, 2024

VRL Logistics Limited Announces Management Appointments

Now 21% undervalued

Second quarter 2024 earnings released: EPS: ₹2.27 (vs ₹3.56 in 2Q 2023)

Vrl Logistics Limited Announces the Resignation of Smriti Bellad as Independent Director

VRL Logistics Limited to Report Q2, 2024 Results on Nov 06, 2023

New minor risk - Financial position

VRL Logistics Limited Appoints Shantilal D. Jain as an Independent Director

VRL Logistics Limited to Report Q1, 2024 Results on Aug 07, 2023

Upcoming dividend of ₹5.00 per share at 0.7% yield

Full year 2023 earnings released: EPS: ₹18.81 (vs ₹17.68 in FY 2022)

VRL Logistics Limited, Annual General Meeting, Aug 07, 2023

VRL Logistics Limited, Annual General Meeting, Aug 07, 2023

Price target increased by 9.3% to ₹782

VRL Logistics Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023

Full year 2023 earnings released: EPS: ₹18.80 (vs ₹18.12 in FY 2022)

VRL Logistics Limited (NSEI:VRLLOG) announces an Equity Buyback for 875,000 shares, representing 0.99% for INR 612.5 million.

Third quarter 2023 earnings released: EPS: ₹4.28 (vs ₹6.85 in 3Q 2022)

VRL Logistics Limited to Report Q3, 2023 Results on Jan 30, 2023

Price target decreased to ₹719

Second quarter 2023 earnings released: EPS: ₹3.56 (vs ₹5.60 in 2Q 2022)

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹3.56 (vs ₹5.60 in 2Q 2022)

Price target increased to ₹749

Full year 2022 earnings released: EPS: ₹18.12 (vs ₹4.99 in FY 2021)

VRL Logistics Limited, Annual General Meeting, Aug 10, 2022

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

Full year 2022 earnings released: EPS: ₹18.12 (vs ₹4.99 in FY 2021)

Insufficient new directors

Investor sentiment improved over the past week

VRL Logistics Limited Provides Earnings Guidance for the Fiscal Year 2022

VRL Logistics Limited Announces Interim Dividend, Payable on or Before 24 February 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

Insufficient new directors

Second quarter 2022 earnings released: EPS ₹5.60 (vs ₹3.42 in 2Q 2021)

Price target increased to ₹365

Price target increased to ₹350

Investor sentiment improved over the past week

Upcoming dividend of ₹4.00 per share

Full year 2021 earnings released: EPS ₹4.99 (vs ₹9.98 in FY 2020)

Vrl Logistics Limited Provides Earnings Guidance for the Full Year 2021

Price target increased to ₹290

Full year 2021 earnings released: EPS ₹4.99 (vs ₹9.98 in FY 2020)

New 90-day high: ₹265

Price target raised to ₹242

New 90-day high: ₹225

Third quarter 2021 earnings released: EPS ₹4.40 (vs ₹2.86 in 3Q 2020)

VRL Logistics Limited to Report Q3, 2021 Results on Feb 06, 2021

New 90-day high: ₹192

New 90-day high: ₹181

Second quarter 2021 earnings released: EPS ₹3.42

VRL Logistics Limited(BSE:539118) dropped from S&P Global BMI Index

New 90-day high - ₹176

First quarter earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure