Ritco Logistics Management

Management criteria checks 4/4

Ritco Logistics' CEO is Sanjeev Elwadhi, appointed in Feb 2023, has a tenure of 1.42 years. total yearly compensation is ₹3.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 19.29% of the company’s shares, worth ₹1.45B. The average tenure of the management team and the board of directors is 2.4 years and 5.5 years respectively.

Key information

Sanjeev Elwadhi

Chief executive officer

₹3.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.4yrs
CEO ownership	19.3%
Management average tenure	2.4yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjeev Elwadhi's remuneration changed compared to Ritco Logistics's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹330m
Dec 31 2023	n/a	n/a	₹282m
Sep 30 2023	n/a	n/a	₹276m
Jun 30 2023	n/a	n/a	₹260m
Mar 31 2023	₹3m	₹3m	₹243m
Dec 31 2022	n/a	n/a	₹263m
Sep 30 2022	n/a	n/a	₹217m
Jun 30 2022	n/a	n/a	₹199m
Mar 31 2022	₹3m	₹3m	₹163m
Dec 31 2021	n/a	n/a	₹152m
Sep 30 2021	n/a	n/a	₹165m
Jun 30 2021	n/a	n/a	₹100m
Mar 31 2021	₹3m	₹3m	₹60m
Dec 31 2020	n/a	n/a	₹23m
Sep 30 2020	n/a	n/a	-₹17m
Jun 30 2020	n/a	n/a	₹36m
Mar 31 2020	₹3m	₹3m	₹88m
Dec 31 2019	n/a	n/a	₹109m
Sep 30 2019	n/a	n/a	₹130m
Jun 30 2019	n/a	n/a	₹126m
Mar 31 2019	₹3m	₹3m	₹122m

Compensation vs Market: Sanjeev's total compensation ($USD35.84K) is about average for companies of similar size in the Indian market ($USD37.42K).

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

CEO

Sanjeev Elwadhi

1.4yrs

Tenure

₹3,000,000

Compensation

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

Name	Position	Tenure	Compensation	Ownership
Man Mohan Pal Chadha	Executive Non-Independent Chairman	5.3yrs	₹3.00m	36.07% ₹ 2.7b
Sanjeev Elwadhi	CEO, MD & Director	1.4yrs	₹3.00m	19.29% ₹ 1.5b
Gautam Mukherjee	Chief Financial Officer	2.3yrs	₹1.87m	no data
Geetika Arora	Company Secretary & Compliance Officer	3.5yrs	₹540.00k	no data
Balvinder Banga	Chief Technology Officer	2.5yrs	no data	no data

2.4yrs

Average Tenure

Experienced Management: 542383's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Man Mohan Pal Chadha	Executive Non-Independent Chairman	5.3yrs	₹3.00m	36.07% ₹ 2.7b
Sanjeev Elwadhi	CEO, MD & Director	22.9yrs	₹3.00m	19.29% ₹ 1.5b
Roma Wadhwa	Non-Executive Woman Director	5.6yrs	no data	0.0020% ₹ 152.2k
Vikram Suri	Independent Director	5.6yrs	no data	no data
Sourabh Ajmera	Independent Director	1.2yrs	no data	no data
Shweta Jain	Additional Independent Director	less than a year	no data	no data

5.5yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 542383's board of directors are considered experienced (5.5 years average tenure).

Ritco Logistics Management

Management criteria checks 4/4

Key information

Recent management updates

Ritco Logistics Limited Approves the Appointment of Shweta Jain as Additional Cum Independent Director

Ritco Logistics Limited Approves Change in the Designation of Sourabh Ajmera from Additional Director to Independent Director

Ritco Logistics Limited Announces Resignation of Aditya Kumar Verma as an Independent Director

Ritco Logistics Limited, Annual General Meeting, Sep 27, 2023

Ritco Logistics Limited Announces Resignation of CA Ranu Jain as Independent Director

Ritco Logistics Limited Appoints Balvinder Singh Banga as CTO

Recent updates

Ritco Logistics Limited announced that it expects to receive INR 999.99614 million in funding from Vijit Global Securities Private Limited, Safari Biotech Pvt Ltd, Miracles Finstock Services Private Limited and other investors

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 17%

Full year 2024 earnings released: EPS: ₹13.34 (vs ₹9.94 in FY 2023)

Ritco Logistics Limited to Report Q4, 2024 Results on May 22, 2024

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 19%

Third quarter 2024 earnings released: EPS: ₹3.53 (vs ₹2.64 in 3Q 2023)

Ritco Logistics Limited to Report Q3, 2024 Results on Feb 02, 2024

Ritco Logistics Limited announced a financing transaction

Second quarter 2024 earnings released: EPS: ₹3.36 (vs ₹2.61 in 2Q 2023)

Ritco Logistics Limited to Report Q2, 2024 Results on Nov 09, 2023

Ritco Logistics Limited Approves the Appointment of Shweta Jain as Additional Cum Independent Director

Ritco Logistics Limited Approves Change in the Designation of Sourabh Ajmera from Additional Director to Independent Director

Ritco Logistics Limited Announces Resignation of Aditya Kumar Verma as an Independent Director

Ritco Logistics Limited, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released

Ritco Logistics Limited Announces Resignation of CA Ranu Jain as Independent Director

New minor risk - Share price stability

Investor sentiment improves as stock rises 32%

Full year 2023 earnings released: EPS: ₹9.94 (vs ₹6.64 in FY 2022)

Ritco Logistics Limited to Report Q4, 2023 Results on May 22, 2023

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 21%

Third quarter 2023 earnings released: EPS: ₹2.64 (vs ₹1.95 in 3Q 2022)

Ritco Logistics Limited to Report Q3, 2023 Results on Feb 06, 2023

Investor sentiment improves as stock rises 20%

Ritco Logistics Limited Appoints Balvinder Singh Banga as CTO

Investor sentiment deteriorated over the past week

Second quarter 2023 earnings released

Investor sentiment deteriorated over the past week

Ritco Logistics Limited, Annual General Meeting, Sep 27, 2022

Chief Financial Officer recently bought ₹1.0m worth of stock

Investor sentiment improved over the past week

First quarter 2023 earnings released

Ritco Logistics Limited to Report Q1, 2023 Results on Aug 12, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹6.65 (vs ₹2.55 in FY 2021)

Ritco Logistics Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Ritco Logistics Limited Appoints Gautam Mukherjee as Chief Financial Officer

Ritco Logistics Limited Announces Resignation of Man Mohan Pal Singh Chadha from the Post Chief Financial Officer with Effect from February 22, 2022 After the Closure of the Business Hours

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹2.54 (vs ₹3.61 in FY 2020)

Ritco Logistics Limited Appoints Ms. Gitika Arora as Company Secretary & Compliance Officer

Ritco Logistics Limited Announces Resignation of Rakesh Kumar Jha as Company Secretary / Compliance Officer

New 90-day high: ₹18.28

New 90-day low: ₹14.51

Full year earnings released - EPS ₹3.61

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age