Ritco Logistics Management
Management criteria checks 3/4
Ritco Logistics' CEO is Sanjeev Elwadhi, appointed in Feb 2023, has a tenure of 1.92 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 ₹1.91B. The average tenure of the management team and the board of directors is 1.9 years and 6 years respectively.
Key information
Sanjeev Elwadhi
Chief executive officer
₹3.0m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.9yrs |
| CEO ownership | 16.9% |
| Management average tenure | 1.9yrs |
| Board average tenure | 6yrs |
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 ($USD34.66K) is about average for companies of similar size in the Indian market ($USD41.58K).
Compensation vs Earnings: Sanjeev's compensation has been consistent with company performance over the past year.
CEO
Sanjeev Elwadhi (56 yo)
1.9yrs
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 | 5.8yrs | ₹3.00m | 31.14% ₹ 3.5b | |
| CEO, MD & Director | 1.9yrs | ₹3.00m | 16.88% ₹ 1.9b | |
| Company Secretary & Compliance Officer | 4yrs | ₹570.00k | no data |
1.9yrs
Average Tenure
Experienced Management: RITCO's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CFO & Executive Non-Independent Chairman | 5.8yrs | ₹3.00m | 31.14% ₹ 3.5b | |
| CEO, MD & Director | 23.4yrs | ₹3.00m | 16.88% ₹ 1.9b | |
| Non-Executive Woman Director | 6.1yrs | no data | 0.0018% ₹ 200.3k | |
| Independent Director | 6.1yrs | no data | no data | |
| Independent Director | 1.7yrs | no data | no data | |
| Additional Independent Director | 1.3yrs | no data | no data |
6.0yrs
Average Tenure
54yo
Average Age
Experienced Board: RITCO's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 18:18 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ritco Logistics Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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