Jet Freight Logistics Limited

NSEI:JETFREIGHT Stock Report

Market Cap: ₹682.6m

Jet Freight Logistics Management

Management criteria checks 2/4

Jet Freight Logistics' CEO is Richard Theknath, appointed in Jun 2016, has a tenure of 8.42 years. total yearly compensation is ₹11.31M, comprised of 34% salary and 66% bonuses, including company stock and options. directly owns 23.38% of the company’s shares, worth ₹159.58M. The average tenure of the management team and the board of directors is 0.8 years and 7.1 years respectively.

Key information

Richard Theknath

Chief executive officer

₹11.3m

Total compensation

CEO salary percentage34.0%
CEO tenure8.4yrs
CEO ownership23.4%
Management average tenureless than a year
Board average tenure7.1yrs

Recent management updates

We Think Jet Freight Logistics Limited's (NSE:JETFREIGHT) CEO Compensation Package Needs To Be Put Under A Microscope

Sep 15
We Think Jet Freight Logistics Limited's (NSE:JETFREIGHT) CEO Compensation Package Needs To Be Put Under A Microscope

Recent updates

There May Be Underlying Issues With The Quality Of Jet Freight Logistics' (NSE:JETFREIGHT) Earnings

Nov 18
There May Be Underlying Issues With The Quality Of Jet Freight Logistics' (NSE:JETFREIGHT) Earnings

We Think Jet Freight Logistics Limited's (NSE:JETFREIGHT) CEO Compensation Package Needs To Be Put Under A Microscope

Sep 15
We Think Jet Freight Logistics Limited's (NSE:JETFREIGHT) CEO Compensation Package Needs To Be Put Under A Microscope

Jet Freight Logistics Limited (NSE:JETFREIGHT) Surges 30% Yet Its Low P/S Is No Reason For Excitement

Aug 23
Jet Freight Logistics Limited (NSE:JETFREIGHT) Surges 30% Yet Its Low P/S Is No Reason For Excitement

Jet Freight Logistics Limited's (NSE:JETFREIGHT) Shares Bounce 25% But Its Business Still Trails The Industry

Jan 28
Jet Freight Logistics Limited's (NSE:JETFREIGHT) Shares Bounce 25% But Its Business Still Trails The Industry

Jet Freight Logistics (NSE:JETFREIGHT) Use Of Debt Could Be Considered Risky

Jan 26
Jet Freight Logistics (NSE:JETFREIGHT) Use Of Debt Could Be Considered Risky

Jet Freight Logistics (NSE:JETFREIGHT) Has A Somewhat Strained Balance Sheet

Sep 28
Jet Freight Logistics (NSE:JETFREIGHT) Has A Somewhat Strained Balance Sheet

Does Jet Freight Logistics (NSE:JETFREIGHT) Have A Healthy Balance Sheet?

Jun 21
Does Jet Freight Logistics (NSE:JETFREIGHT) Have A Healthy Balance Sheet?

Is Jet Freight Logistics (NSE:JETFREIGHT) Using Too Much Debt?

Nov 26
Is Jet Freight Logistics (NSE:JETFREIGHT) Using Too Much Debt?

Is Jet Freight Logistics (NSE:JETFREIGHT) A Risky Investment?

Aug 02
Is Jet Freight Logistics (NSE:JETFREIGHT) A Risky Investment?

Here's Why Jet Freight Logistics (NSE:JETFREIGHT) Can Afford Some Debt

Jan 25
Here's Why Jet Freight Logistics (NSE:JETFREIGHT) Can Afford Some Debt

CEO Compensation Analysis

How has Richard Theknath's remuneration changed compared to Jet Freight Logistics's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹85m

Jun 30 2024n/an/a

₹43m

Mar 31 2024₹11m₹4m

₹2m

Dec 31 2023n/an/a

-₹15m

Sep 30 2023n/an/a

-₹76m

Jun 30 2023n/an/a

-₹43m

Mar 31 2023₹11m₹4m

-₹4m

Dec 31 2022n/an/a

-₹9m

Sep 30 2022n/an/a

₹18m

Jun 30 2022n/an/a

₹23m

Mar 31 2022₹10mn/a

₹30m

Dec 31 2021n/an/a

₹77m

Sep 30 2021n/an/a

₹65m

Jun 30 2021n/an/a

₹34m

Mar 31 2021₹10mn/a

₹21m

Dec 31 2020n/an/a

-₹69m

Sep 30 2020n/an/a

-₹120m

Jun 30 2020n/an/a

-₹111m

Mar 31 2020₹12m₹12m

-₹103m

Dec 31 2019n/an/a

-₹17m

Sep 30 2019n/an/a

₹70m

Jun 30 2019n/an/a

₹75m

Mar 31 2019₹11m₹11m

₹81m

Mar 31 2018₹11m₹11m

₹52m

Compensation vs Market: Richard's total compensation ($USD134.19K) is above average for companies of similar size in the Indian market ($USD42.72K).

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

CEO

Richard Theknath (45 yo)

8.4yrs

Tenure

₹11,313,420

Compensation

Mr. Richard Francis Theknath has been Managing Director of Jet Freight Logistics Limited since June 20, 2016 and has been its Director since April 13, 2006. Mr. Theknath serves as the Chairman at Jet Freig...

Leadership Team

NamePositionTenureCompensationOwnership
Richard Theknath
Chairman & MD8.4yrs₹11.31m23.38%
₹ 159.6m
Deepak Kacha
Chief Financial Officerless than a year₹2.12mno data
Dax Theknath
Executive Directorno data₹10.73m20.73%
₹ 141.5m
Sameer Mistry
Executive Vice President of Business Excellence & Technologyno datano datano data
Anmol Patni
Company Secretary & Compliance Officerless than a yearno datano data
Mohnish Arora
Regional Head for Air Freight - West and Southno datano datano data

0.8yrs

Average Tenure

45yo

Average Age

Experienced Management: JETFREIGHT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Richard Theknath
Chairman & MD18.6yrs₹11.31m23.38%
₹ 159.6m
Dax Theknath
Executive Director18.6yrs₹10.73m20.73%
₹ 141.5m
Agnes Theknath
Non- Executive Director12.2yrsno data6.81%
₹ 46.5m
Rushabh Patil
Additional Independent Director2yrs₹240.00kno data
Jaya Singhania
Independent Directorless than a yearno datano data
Ajay Gandeja
Independent Director1.4yrs₹140.00kno data

7.1yrs

Average Tenure

43yo

Average Age

Experienced Board: JETFREIGHT's board of directors are considered experienced (7.1 years average tenure).