Balkrishna Industries Limited

BSE:502355 Stock Report

Market Cap: ₹550.9b

Balkrishna Industries Management

Management criteria checks 3/4

Balkrishna Industries' CEO is Arvind Kumar Poddar, appointed in Aug 2006, has a tenure of 18.33 years. total yearly compensation is ₹422.89M, comprised of 7.1% salary and 92.9% bonuses, including company stock and options. directly owns 3.93% of the company’s shares, worth ₹21.64B. The average tenure of the management team and the board of directors is 12.8 years and 9.8 years respectively.

Key information

Arvind Kumar Poddar

Chief executive officer

₹422.9m

Total compensation

CEO salary percentage7.1%
CEO tenure18.3yrs
CEO ownership3.9%
Management average tenure12.8yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arvind Kumar Poddar's remuneration changed compared to Balkrishna Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹16b

Jun 30 2024n/an/a

₹16b

Mar 31 2024₹423m₹30m

₹15b

Dec 31 2023n/an/a

₹12b

Sep 30 2023n/an/a

₹10b

Jun 30 2023n/an/a

₹11b

Mar 31 2023₹385m₹30m

₹11b

Dec 31 2022n/an/a

₹12b

Sep 30 2022n/an/a

₹14b

Jun 30 2022n/an/a

₹14b

Mar 31 2022₹455m₹30m

₹14b

Dec 31 2021n/an/a

₹14b

Sep 30 2021n/an/a

₹14b

Jun 30 2021n/an/a

₹14b

Mar 31 2021₹374m₹30m

₹12b

Dec 31 2020n/an/a

₹11b

Sep 30 2020n/an/a

₹10b

Jun 30 2020n/an/a

₹9b

Mar 31 2020₹278m₹30m

₹10b

Dec 31 2019n/an/a

₹9b

Sep 30 2019n/an/a

₹8b

Jun 30 2019n/an/a

₹7b

Mar 31 2019₹295m₹30m

₹8b

Mar 31 2018₹360m₹30m

₹7b

Compensation vs Market: Arvind Kumar's total compensation ($USD4.95M) is above average for companies of similar size in the Indian market ($USD763.76K).

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

CEO

Arvind Kumar Poddar (67 yo)

18.3yrs

Tenure

₹422,889,000

Compensation

Mr. Arvind Kumar Mahabirprasad Poddar, B.Com., has been Managing Director of Balkrishna Industries Ltd. since August 1, 2006. Mr. Poddar served as Joint Managing Director of Siyaram Silk Mills Ltd.He work...

Leadership Team

NamePositionTenureCompensationOwnership
Arvind Kumar Poddar
Executive Chairman & MD18.3yrs₹422.89m3.93%
₹ 21.6b
Rajiv Poddar
Joint MD & Executive Director no data₹411.67m27.71%
₹ 152.7b
Madhusudan Bajaj
Senior President of Commercial & CFO4.3yrs₹24.10mno data
Vipul Shah
Compliance Officer12.8yrs₹9.20mno data
Sushil Mishra
Head of Accountsno datano datano data
Dilip Vaidya
Senior President & Director of Technologyno data₹4.90mno data
Sudhir Mishra
Senior General Manager of Corporate HRno datano datano data

12.8yrs

Average Tenure

66yo

Average Age

Experienced Management: 502355's management team is seasoned and experienced (12.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Arvind Kumar Poddar
Executive Chairman & MD20.9yrs₹422.89m3.93%
₹ 21.6b
Rajiv Poddar
Joint MD & Executive Director 15.9yrs₹411.67m27.71%
₹ 152.7b
Vipul Shah
Compliance Officer12.8yrs₹9.20mno data
Laxmidas Merchant
Non-Executive Independent Directorless than a year₹50.00kno data
Vijaylaxmi Poddar
Non-Executive Non-Independent Director12.6yrs₹625.00k0.00052%
₹ 2.9m
Pannkaj Ghadiali
Non-Executive Independent Director7.1yrs₹1.48mno data
Shruti Shah
Non-Executive Independent Director5.8yrs₹1.48mno data
Rahul Dutt
Non-Executive Independent Directorless than a yearno datano data

9.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 502355's board of directors are considered experienced (9.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:10
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Balkrishna Industries Limited is covered by 50 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.