Ritco Logistics Management
Management criteria checks 3/4
Ritco Logistics' CEO is Sanjeev Elwadhi, appointed in Feb 2023, has a tenure of 1.75 years. total yearly compensation is ₹3.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 16.88% of the company’s shares, worth ₹1.92B. The average tenure of the management team and the board of directors is 1.8 years and 5.8 years respectively.
Key information
Sanjeev Elwadhi
Chief executive officer
₹3.0m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 16.9% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Ritco Logistics (NSE:RITCO)
Nov 21
Here's Why We Think Ritco Logistics (NSE:RITCO) Might Deserve Your Attention Today
Oct 15Investors Still Aren't Entirely Convinced By Ritco Logistics Limited's (NSE:RITCO) Earnings Despite 28% Price Jump
Jul 02Ritco Logistics Limited's (NSE:RITCO) Shares Leap 26% Yet They're Still Not Telling The Full Story
Apr 13Should You Be Adding Ritco Logistics (NSE:RITCO) To Your Watchlist Today?
Jul 12Investors Shouldn't Be Too Comfortable With Ritco Logistics' (NSE:RITCO) Robust Earnings
Nov 22Earnings Not Telling The Story For Ritco Logistics Limited (NSE:RITCO)
Jun 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹369m |
| Jun 30 2024 | n/a | n/a | ₹346m |
| Mar 31 2024 | ₹3m | ₹3m | ₹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 | ₹244m |
| 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 ($USD35.54K) is about average for companies of similar size in the Indian market ($USD42.70K).
Compensation vs Earnings: Sanjeev's compensation has been consistent with company performance over the past year.
CEO
Sanjeev Elwadhi (56 yo)
1.8yrs
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 |
|---|---|---|---|---|
| Interim CFO & Executive Non-Independent Chairman | 5.7yrs | ₹3.00m | 31.56% ₹ 3.6b | |
| CEO, MD & Director | 1.8yrs | ₹3.00m | 16.88% ₹ 1.9b | |
| Company Secretary & Compliance Officer | 3.8yrs | ₹570.00k | no data |
1.8yrs
Average Tenure
Experienced Management: RITCO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CFO & Executive Non-Independent Chairman | 5.7yrs | ₹3.00m | 31.56% ₹ 3.6b | |
| CEO, MD & Director | 23.3yrs | ₹3.00m | 16.88% ₹ 1.9b | |
| Non-Executive Woman Director | 5.9yrs | no data | 0.0018% ₹ 201.6k | |
| Independent Director | 5.9yrs | no data | no data | |
| Independent Director | 1.5yrs | no data | no data | |
| Additional Independent Director | 1.1yrs | no data | no data |
5.8yrs
Average Tenure
54yo
Average Age
Experienced Board: RITCO's board of directors are considered experienced (5.8 years average tenure).