Asahi India Glass Management

Management criteria checks 3/4

Asahi India Glass' CEO is Sanjay Labroo, appointed in Jan 1990, has a tenure of 34.33 years. total yearly compensation is ₹56.67M, comprised of 55.3% salary and 44.7% bonuses, including company stock and options. directly owns 13.45% of the company’s shares, worth ₹19.87B. The average tenure of the management team and the board of directors is 3.5 years and 8.2 years respectively.

Key information

Sanjay Labroo

Chief executive officer

₹56.7m

Total compensation

CEO salary percentage	55.3%
CEO tenure	34.3yrs
CEO ownership	13.4%
Management average tenure	3.5yrs
Board average tenure	8.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjay Labroo's remuneration changed compared to Asahi India Glass's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹3b
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹4b
Mar 31 2023	₹57m	₹31m	₹4b
Dec 31 2022	n/a	n/a	₹4b
Sep 30 2022	n/a	n/a	₹4b
Jun 30 2022	n/a	n/a	₹4b
Mar 31 2022	₹58m	₹32m	₹3b
Dec 31 2021	n/a	n/a	₹3b
Sep 30 2021	n/a	n/a	₹3b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹33m	₹19m	₹1b
Dec 31 2020	n/a	n/a	₹1b
Sep 30 2020	n/a	n/a	₹592m
Jun 30 2020	n/a	n/a	₹487m
Mar 31 2020	₹41m	₹27m	₹2b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹2b
Jun 30 2019	n/a	n/a	₹2b
Mar 31 2019	₹41m	₹23m	₹2b
Dec 31 2018	n/a	n/a	₹2b
Sep 30 2018	n/a	n/a	₹2b
Jun 30 2018	n/a	n/a	₹2b
Mar 31 2018	₹38m	₹21m	₹2b

Compensation vs Market: Sanjay's total compensation ($USD679.90K) is above average for companies of similar size in the Indian market ($USD416.24K).

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

CEO

Sanjay Labroo (62 yo)

34.3yrs

Tenure

₹56,672,267

Compensation

Mr. Sanjay Labroo has been the Managing Director and Chief Executive Officer of Asahi India Glass Limited since 1990. Mr. Labroo is the Promoter Entrepreneur of Asahi India Glass Limited (AIS). He served a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sanjay Labroo	MD & Chairman	34.3yrs	₹56.67m	13.45% ₹ 19.9b
Masao Fukami	Deputy MD of Technical & CTO of Auto	1.3yrs	₹6.20m	no data
Shailesh Agarwal	CFO & Executive Director	no data	no data	no data
Anil Ahuja	Chief Operating Officer	1.3yrs	no data	no data
Gopal Ganatra	Chief of IR	14.5yrs	no data	no data
Vikram Khanna	COO of Architectural Institutional Business & Consumer Glass & CMO	no data	no data	no data
Pratul Swarup	Executive Director & Chief Human Resource Officer	3.5yrs	no data	no data
Rupinder Shelly	COO of Architectural Glass	no data	no data	no data
Navin Rai	Plant Head of Roorkee (Autc & Architectural) - AIS Auto Glass	no data	no data	no data
Mirza Beg	Executive Director of Supply Chain Management & Chief TQM Directorate	no data	no data	no data
Vinod Sharma	Head of Customer Service Department of Plant 2-Roorkee - AIS Float Glass	no data	no data	no data
Sanjay Pal	Head of Non Conventional Packing & Improvement- AIS Float Division	no data	no data	no data

3.5yrs

Average Tenure

54yo

Average Age

Experienced Management: 515030's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sanjay Labroo	MD & Chairman	34.8yrs	₹56.67m	13.45% ₹ 19.9b
Rahul Rana	Independent Non Executive Director	18.4yrs	₹1.06m	0.0063% ₹ 9.2m
Nisheeta Labroo	Additional Non-Executive Director	1.3yrs	₹900.00k	0.30% ₹ 436.0m
Masahiro Takeda	Non-Executive Director	9.3yrs	₹1.00m	no data
Shradha Suri	Independent Non-Executive Director	9.1yrs	₹1.08m	no data
Setsuya Yoshino	Non-Executive Independent Director	less than a year	no data	no data
Satoshi Ishizuka	Non-Executive Director	7.3yrs	₹960.00k	no data
Sheetal Mehta	Additional Independent Non-Executive Director	3.5yrs	₹1.06m	no data

8.2yrs

Average Tenure

61yo

Average Age

Experienced Board: 515030's board of directors are considered experienced (8.2 years average tenure).

Asahi India Glass Management

Management criteria checks 3/4

Key information

Recent management updates

Asahi India Glass Limited, Annual General Meeting, Sep 04, 2024

Asahi India Glass Limited Announces Demise of Gurvirendra Singh Talwar, Independent Director

Insufficient new directors

Asahi India Glass Limited, Annual General Meeting, Sep 18, 2023

Asahi India Glass Appoints Nisheeta Labroo as Additional Director

Asahi India Glass Limited Appoints Sanjay Labroo as Chairman of the Board

Recent updates

Asahi India Glass Limited, Annual General Meeting, Sep 04, 2024

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Asahi India Glass Limited Recommends Dividend for Financial Year 2023-24

Asahi India Glass Limited to Report Q4, 2024 Results on May 15, 2024

AIS Glass Solutions Limited completed the acquisition of 93.48 stake in GX Glass Sales and Services Ltd from Asahi India Glass Limited (BSE:515030).

Asahi India Glass Limited Announces Demise of Gurvirendra Singh Talwar, Independent Director

Asahi India Glass Limited (BSE:515030) agreed to acquire 49.99% stake in Ais Distribution Services Limited from Map Auto Ltd. for INR 790 million.

Third quarter 2024 earnings released: EPS: ₹2.61 (vs ₹3.45 in 3Q 2023)

Now 21% overvalued after recent price rise

Asahi India Glass Limited to Report Q3, 2024 Results on Jan 25, 2024

Insufficient new directors

Second quarter 2024 earnings released: EPS: ₹3.57 (vs ₹4.33 in 2Q 2023)

Asahi India Glass Limited to Report Q2, 2024 Results on Nov 02, 2023

Asahi India Glass Limited Approves Final Dividend for the Financial Year Ended March 31, 2023

Upcoming dividend of ₹2.00 per share at 0.3% yield

Price target increased by 8.9% to ₹555

First quarter 2024 earnings released: EPS: ₹4.27 (vs ₹4.40 in 1Q 2023)

Asahi India Glass Limited to Report Q1, 2024 Results on Jul 31, 2023

Asahi India Glass Limited, Annual General Meeting, Sep 18, 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Asahi India Glass Limited to Report Q4, 2023 Results on May 15, 2023

Asahi India Glass Appoints Nisheeta Labroo as Additional Director

Price target decreased by 9.7% to ₹552

Third quarter 2023 earnings released: EPS: ₹3.45 (vs ₹4.12 in 3Q 2022)

Asahi India Glass Limited Appoints Sanjay Labroo as Chairman of the Board

Asahi India Glass Limited to Report Q3, 2023 Results on Jan 25, 2023

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹4.33 (vs ₹3.34 in 2Q 2022)

Asahi India Glass Limited Approves Dividend for Financial Year For the Year March 31, 2022

Upcoming dividend of ₹2.00 per share

Price target increased to ₹621

First quarter 2023 earnings released: EPS: ₹4.40 (vs ₹1.45 in 1Q 2022)

Asahi India Glass Limited to Report Q1, 2023 Results on Jul 29, 2022

Investor sentiment improved over the past week

Insufficient new directors

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Asahi India Glass Limited, Annual General Meeting, Sep 15, 2022

Asahi India Glass Limited to Report Q4, 2022 Results on May 25, 2022

Price target decreased to ₹543

Investor sentiment deteriorated over the past week

Price target increased to ₹529

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Insider recently sold ₹3.7m worth of stock

Second quarter 2022 earnings released: EPS ₹3.34 (vs ₹1.53 in 2Q 2021)

Investor sentiment improved over the past week

Price target increased to ₹458

Upcoming dividend of ₹1.00 per share

First quarter 2022 earnings released: EPS ₹1.45 (vs ₹2.58 loss in 1Q 2021)

Insider recently sold ₹6.5m worth of stock

MD, CEO & Executive Director recently bought ₹12m worth of stock

Price target increased to ₹387

Full year 2021 earnings released: EPS ₹5.47 (vs ₹6.32 in FY 2020)

New 90-day high: ₹298

Price target raised to ₹356

Asahi India Glass Limited Announces Resignation of Tilak Raj as Independent Director

Asahi India Glass Limited to Report Q3, 2021 Results on Feb 10, 2021

New 90-day high: ₹294

New 90-day high: ₹279

New 90-day high: ₹274

New 90-day high: ₹242

Price target raised to ₹277

Second quarter 2021 earnings released: EPS ₹1.53

Asahi India Glass Limited Appoints Sheetal Mehta on the Corporate Social Responsibility Committee

Asahi India Glass Limited to Report Q2, 2021 Results on Nov 04, 2020

Price target lowered to ₹231

New 90-day high - ₹198

First quarter earnings released

CEO Compensation Analysis