Ritco Logistics Limited

BSE:542383 Stock Report

Market Cap: ₹5.8b

Ritco Logistics Management

Management criteria checks 4/4

Ritco Logistics' CEO is Sanjeev Elwadhi, appointed in Feb 2023, has a tenure of 22.5 years. total yearly compensation is ₹3.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 19.53% of the company’s shares, worth ₹1.14B. The average tenure of the management team and the board of directors is 2 years and 5 years respectively.

Key information

Sanjeev Elwadhi

Chief executive officer


Total compensation

CEO salary percentage100.0%
CEO tenureless than a year
CEO ownership19.5%
Management average tenure2yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjeev Elwadhi's remuneration changed compared to Ritco Logistics's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a


Sep 30 2023n/an/a


Jun 30 2023n/an/a


Mar 31 2023₹3m₹3m


Dec 31 2022n/an/a


Sep 30 2022n/an/a


Jun 30 2022n/an/a


Mar 31 2022₹3m₹3m


Dec 31 2021n/an/a


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021₹3m₹3m


Dec 31 2020n/an/a


Sep 30 2020n/an/a


Jun 30 2020n/an/a


Mar 31 2020₹3m₹3m


Dec 31 2019n/an/a


Sep 30 2019n/an/a


Jun 30 2019n/an/a


Mar 31 2019₹3m₹3m


Compensation vs Market: Sanjeev's total compensation ($USD36.14K) is about average for companies of similar size in the Indian market ($USD39.41K).

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


Sanjeev Elwadhi

less than a year




Mr. Sanjeev Kumar Elwadhi serves as Managing Director & Director at Ritco Logistics Limited since August 23, 2001 and is Chief Executive Officer from February 20, 2023.

Leadership Team

Man Mohan Pal Chadha
Executive Non-Independent Chairman4.9yrs₹3.00m36.52%
₹ 2.1b
Sanjeev Elwadhi
CEO, MD & Directorless than a year₹3.00m19.53%
₹ 1.1b
Gautam Mukherjee
Chief Financial Officer1.9yrs₹1.87m0.020%
₹ 1.2m
Geetika Arora
Company Secretary & Compliance Officer3.1yrs₹540.00kno data
Balvinder Banga
Chief Technology Officer2.1yrsno datano data


Average Tenure

Experienced Management: 542383's management team is considered experienced (2 years average tenure).

Board Members

Man Mohan Pal Chadha
Executive Non-Independent Chairman4.9yrs₹3.00m36.52%
₹ 2.1b
Sanjeev Elwadhi
CEO, MD & Director22.5yrs₹3.00m19.53%
₹ 1.1b
Roma Wadhwa
Non-Executive Woman Director5.2yrsno data0.0020%
₹ 119.1k
Vikram Suri
Independent Director5.2yrsno datano data
Sourabh Ajmera
Independent Directorless than a yearno datano data
Shweta Jain
Additional Independent Directorless than a yearno datano data


Average Tenure


Average Age

Experienced Board: 542383's board of directors are considered experienced (5 years average tenure).

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