Unveiling the Earnings and Ownership of OYO's Emperor: Ritesh Agarwal

Introduction

Ritesh Agarwal, the founder and chief utive officer (CEO) of OYO, a hospitality and travel-tech firm, has been a central figure in the Indian startup ecosystem. His journey from humble beginnings to becoming a household name in the hospitality industry is a testament to his leadership and vision. In this article, we will delve into the financial aspects of his role, including his salary and the extent of his ownership stake in OYO.

Ritesh Agarwal's Compensation Growth

As of the financial year ending March 2022, Ritesh Agarwal's remuneration at OYO reached a staggering 5.6 crore (approximately $750,000). This significant increase from the previous year (2021) when he earned a total of 1.6 crore is noteworthy. Prior to that, for the year ending March 2020, his annual remuneration was a modest 21.5 lakh (around $28,300).

Breakdown of Agarwal's Earnings

Ritesh Agarwal's total compensation includes various elements such as fixed salary, variable performance-based bonuses, stock options, and other allowances. The following provides a detailed breakdown of his earnings for the quarter and the financial years:

Three Month Period Ended June 30, 2022 (Q1)

Total Salary: 1.4 crore (approximately $190,000) Variable Bonuses: 2 crore (approximately $260,000)

The increase in his earnings is attributed to the performance of the company and his pivotal role in its growth and expansion.

Ownership Stakes in OYO

Beyond his salary, Ritesh Agarwal is also a significant shareholder in OYO, owning a substantial portion of the company. According to recent regulatory filings, he holds a combined stake of around 19% of the company, making him one of the largest individual shareholders. This ownership stake reflects his long-term commitment to the company and its success.

Dividends and Other Benefits

In addition to his salary and shares, Ritesh Agarwal also receives dividends and access to perks and benefits that come with his position. These include travel allowances, healthcare benefits, and other performance-based incentives. His earnings are closely monitored and disclosed to relevant regulatory bodies, ensuring transparency and accountability.

Understanding the Financial Statements

The disclosed financial statements and regulatory filings are crucial for understanding the financial health of OYO and the remuneration policies for its leadership. These documents provide transparency and allow stakeholders to assess the performance of the company and the management team.

Conclusion

In conclusion, Ritesh Agarwal's earnings and ownership in OYO are a testament to his leadership and the success of the company. His significant earnings reflect his contributions and the company's financial performance. Understanding these details is essential for stakeholders and investors looking to gauge the company's growth and the performance of its leadership team.

Keywords: Ritesh Agarwal, OYO, CEO salary, company ownership