Diesel & Motor Engineering Management

Management criteria checks 2/4

Diesel & Motor Engineering's CEO is Aruna Pandithage, appointed in Apr 2012, has a tenure of 12.08 years. directly owns 6.43% of the company’s shares, worth LKR394.81M. The average tenure of the management team and the board of directors is 5.3 years and 12.8 years respectively.

Key information

Aruna Pandithage

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.1yrs
CEO ownership	6.4%
Management average tenure	5.3yrs
Board average tenure	12.8yrs

Recent management updates

Recent updates

CEO

Aruna Pandithage

12.1yrs

Tenure

Mr. Aruna Gahanath Pandithage has been the Chief Executive Officer of Diesel & Motor Engineering PLC (formerly, Diesel & Motor Engineers) since 1, 2012 and serves as its Managing Director since September 0...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Aruna Pandithage	MD, Group CEO & Director	12.1yrs	no data	6.43% LKR 394.8m
Bodiyabaduge Charindra Suresh Perera Gooneratne	CFO & Executive Director	no data	no data	no data
R.D. P. Wickramasinghe	Chief Information Officer	5.3yrs	no data	no data
Dilrukshi Neelika Kurukulasuriya	Chief Human Resources Officer & Executive Director	no data	no data	no data
Sarath Algama	Executive Director	no data	no data	6.4% LKR 392.7m
Mudiyanselage Bandara	Executive Director	no data	no data	0.019% LKR 1.2m
Pushpawela Kankanamge Mahendra	Executive Director	no data	no data	no data
Sri Rama Waidayasekera Chaminda Ranawana	Executive Director	no data	no data	no data
Charithe Pandithage	Executive Director	no data	no data	2.47% LKR 151.7m
H.M. D.B. Dematawa	Chief Operating Officer of Agribusinesses	no data	no data	no data
Rakhita Gunasekera	Chief Operating Officer - Chemical Solutions Segment	no data	no data	no data
G.P. S. Karunaratne	Chief Operating Officer of After Sales Services	2.3yrs	no data	no data

5.3yrs

Average Tenure

Experienced Management: DIMO.N0000's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Aruna Pandithage	MD, Group CEO & Director	28.4yrs	no data	6.43% LKR 394.8m
Bodiyabaduge Charindra Suresh Perera Gooneratne	CFO & Executive Director	18.1yrs	no data	no data
Dilrukshi Neelika Kurukulasuriya	Chief Human Resources Officer & Executive Director	2yrs	no data	no data
Sarath Algama	Executive Director	39.5yrs	no data	6.4% LKR 392.7m
Mudiyanselage Bandara	Executive Director	7.9yrs	no data	0.019% LKR 1.2m
Pushpawela Kankanamge Mahendra	Executive Director	7.9yrs	no data	no data
Sri Rama Waidayasekera Chaminda Ranawana	Executive Director	7.9yrs	no data	no data
Charithe Pandithage	Executive Director	2yrs	no data	2.47% LKR 151.7m
Abeyakumar Pandithage	Non-Executive Director	41.7yrs	no data	2.53% LKR 155.0m
Asite Drupath Talwatte	Senior Independent Director	7.9yrs	no data	no data
Asoka Pandithage	Chairman of the Board	46.9yrs	no data	21.74% LKR 1.3b
Liyanamohottige Joseph Sri Cabral	Independent Non-Executive Director	17.6yrs	no data	no data

12.8yrs

Average Tenure

71yo

Average Age

Experienced Board: DIMO.N0000's board of directors are seasoned and experienced ( 12.8 years average tenure).

Diesel & Motor Engineering Management

Management criteria checks 2/4

Key information

Recent management updates

Diesel & Motor Engineering PLC, Annual General Meeting, Jun 27, 2023

Insider recently bought LK₨2.5m worth of stock

Less than half of directors are independent

Diesel & Motor Engineering PLC Announces Retirement of Ajit Nimal Algama as Executive Director

Recent updates

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings released: EPS: LK₨60.28 (vs LK₨24.15 loss in 3Q 2023)

Second quarter 2024 earnings released: LK₨19.67 loss per share (vs LK₨55.03 profit in 2Q 2023)

New minor risk - Profit margin trend

First quarter 2024 earnings released: LK₨7.82 loss per share (vs LK₨10.72 profit in 1Q 2023)

Diesel & Motor Engineering PLC, Annual General Meeting, Jun 27, 2023

Upcoming dividend of LK₨10.00 per share at 2.7% yield

Full year 2023 earnings released: EPS: LK₨62.73 (vs LK₨76.06 in FY 2022)

Insider recently bought LK₨2.5m worth of stock

Third quarter 2023 earnings released: LK₨24.15 loss per share (vs LK₨48.58 profit in 3Q 2022)

Second quarter 2023 earnings released: EPS: LK₨55.03 (vs LK₨60.97 in 2Q 2022)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: LK₨10.72 (vs LK₨10.77 in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨76.06 (vs LK₨52.72 in FY 2021)

Orhan Yilmaz acquired 94.45% stake in Tropical Health Food (Private) Limited from Diesel & Motor Engineering PLC (COSE:DIMO.N0000) for approximately LKR 450 million.

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS LK₨60.97 (vs LK₨51.29 in 2Q 2021)

Diesel & Motor Engineering PLC Announces Retirement of Ajit Nimal Algama as Executive Director

Executive Director has left the company

Third quarter 2021 earnings released: EPS LK₨3.19 (vs LK₨13.04 in 3Q 2020)

New 90-day high: LK₨625

Upcoming Dividend of LK₨2.50 Per Share

New 90-day high: LK₨510

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS LK₨53.34

Market bids up stock over the past week

New 90-day high: LK₨400

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: LK₨300

Dimo Launches Power Panel Manufacturing Plant At Dimo Logistics Centre

New 90-day high - LK₨299

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age