Shaily Engineering Plastics Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Amit Sanghvi

Chief executive officer

₹22.1m

Total compensation

CEO salary percentage	53.8%
CEO tenure	12.8yrs
CEO ownership	2.8%
Management average tenure	less than a year
Board average tenure	9.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Amit Sanghvi's remuneration changed compared to Shaily Engineering Plastics's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹573m
Dec 31 2023	n/a	n/a	₹479m
Sep 30 2023	n/a	n/a	₹390m
Jun 30 2023	n/a	n/a	₹383m
Mar 31 2023	₹22m	₹12m	₹351m
Dec 31 2022	n/a	n/a	₹328m
Sep 30 2022	n/a	n/a	₹362m
Jun 30 2022	n/a	n/a	₹365m
Mar 31 2022	₹13m	₹11m	₹350m
Dec 31 2021	n/a	n/a	₹371m
Sep 30 2021	n/a	n/a	₹361m
Jun 30 2021	n/a	n/a	₹330m
Mar 31 2021	₹13m	₹11m	₹220m
Dec 31 2020	n/a	n/a	₹193m
Sep 30 2020	n/a	n/a	₹175m
Jun 30 2020	n/a	n/a	₹158m
Mar 31 2020	₹13m	₹7m	₹236m
Dec 31 2019	n/a	n/a	₹201m
Sep 30 2019	n/a	n/a	₹182m
Jun 30 2019	n/a	n/a	₹183m
Mar 31 2019	₹13m	₹7m	₹193m
Dec 31 2018	n/a	n/a	₹230m
Sep 30 2018	n/a	n/a	₹246m
Jun 30 2018	n/a	n/a	₹252m
Mar 31 2018	₹13m	₹7m	₹239m

Compensation vs Market: Amit's total compensation ($USD264.94K) is about average for companies of similar size in the Indian market ($USD241.39K).

Compensation vs Earnings: Amit's compensation has increased by more than 20% in the past year.

CEO

Amit Sanghvi (41 yo)

12.8yrs

Tenure

₹22,115,000

Compensation

Mr. Amit Sanghvi serves as Managing Director and Director at Shaily Engineering Plastics Limited. Mr. Sanghvi served as Whole-Time Director at Shaily Engineering Plastics Limited since October 01, 2011. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mahendra Sanghvi	Executive Chairman	29.3yrs	₹18.63m	9.12% ₹ 3.7b
Amit Sanghvi	MD & Director	no data	₹22.12m	2.84% ₹ 1.2b
Tilottama Sanghvi	Whole Time Director	4.4yrs	₹6.35m	14.04% ₹ 5.7b
Laxman Sanghvi	Executive Director	no data	₹9.50m	5.19% ₹ 2.1b
Paresh Jain	Chief Financial Officer	less than a year	no data	no data
Dimple Mehta	Company Secretary & Compliance Officer	1.7yrs	no data	no data
Sanjay Shah	VP & Chief Strategy Officer	less than a year	₹2.85m	no data

0.9yrs

Average Tenure

72yo

Average Age

Experienced Management: 501423's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mahendra Sanghvi	Executive Chairman	29.3yrs	₹18.63m	9.12% ₹ 3.7b
Amit Sanghvi	MD & Director	12.8yrs	₹22.12m	2.84% ₹ 1.2b
Tilottama Sanghvi	Whole Time Director	18.1yrs	₹6.35m	14.04% ₹ 5.7b
Laxman Sanghvi	Executive Director	29.3yrs	₹9.50m	5.19% ₹ 2.1b
Shailesh Ayyangar	Non-Executive Independent Director	4.2yrs	₹775.00k	no data
Ranjit Singh	Non-Executive Independent Director	5.2yrs	₹800.00k	no data
Samaresh Parida	Independent Director	2.2yrs	₹612.50k	no data
Milin Mehta	Independent Non-Executive Director	9.7yrs	₹650.00k	no data
Sangeeta Kapil Singh	Independent Director	2.2yrs	₹400.00k	no data

9.7yrs

Average Tenure

67.5yo

Average Age

Experienced Board: 501423's board of directors are considered experienced (9.7 years average tenure).

Shaily Engineering Plastics Management

Management criteria checks 2/4

Key information

Recent management updates

Shaily Engineering Plastics Limited, Annual General Meeting, Sep 29, 2023

Shaily Engineering Plastics Limited Announces Resignation of Mr. Ashish Somani as Chief Financial Officer, Effective on August 12, 2023

Shaily Engineering Plastics Limited Approves the Appointment of Dimple Mehta as a Company Secretary and Compliance Officer of the Company, Effective from 16 November 2022

Shaily Engineering Plastics Limited, Annual General Meeting, Aug 27, 2022

Shaily Engineering Plastics Limited Appoints Ashish Somani as CFO

Less than half of directors are independent

Recent updates

Investor sentiment improves as stock rises 15%

Full year 2024 earnings released: EPS: ₹12.49 (vs ₹7.66 in FY 2023)

Shaily Engineering Plastics Limited Recommends Final Dividend for the Year Ended 31St March 2024

Shaily Engineering Plastics Limited to Report Q4, 2024 Results on May 24, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 26%

Third quarter 2024 earnings released: EPS: ₹3.17 (vs ₹1.24 in 3Q 2023)

Shaily Engineering Plastics Limited to Report Q3, 2024 Results on Feb 13, 2024

Investor sentiment improves as stock rises 22%

New major risk - Revenue and earnings growth

Shaily Engineering Plastics Limited to Report Q2, 2024 Results on Nov 07, 2023

Shaily Engineering Plastics Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: EPS: ₹13.74 (vs ₹10.33 in 1Q 2023)

First quarter 2024 earnings released: EPS: ₹13.74 (vs ₹10.33 in 1Q 2023)

Shaily Engineering Plastics Limited to Report Q1, 2024 Results on Aug 08, 2023

Shaily Engineering Plastics Limited Announces Resignation of Mr. Ashish Somani as Chief Financial Officer, Effective on August 12, 2023

Investor sentiment improves as stock rises 24%

Full year 2023 earnings released: EPS: ₹38.32 (vs ₹39.94 in FY 2022)

Shaily Engineering Plastics Limited to Report Q4, 2023 Results on May 20, 2023

Investor sentiment deteriorates as stock falls 18%

Third quarter 2023 earnings released: EPS: ₹6.18 (vs ₹9.53 in 3Q 2022)

Shaily Engineering Plastics Limited to Report Q3, 2023 Results on Feb 08, 2023

Price target decreased to ₹2,065

Second quarter 2023 earnings released: EPS: ₹10.99 (vs ₹11.32 in 2Q 2022)

Shaily Engineering Plastics Limited Approves the Appointment of Dimple Mehta as a Company Secretary and Compliance Officer of the Company, Effective from 16 November 2022

Shaily Engineering Plastics Limited to Report Q2, 2023 Results on Nov 12, 2022

First quarter 2023 earnings released: EPS: ₹10.33 (vs ₹9.62 in 1Q 2022)

Shaily Engineering Plastics Limited, Annual General Meeting, Aug 27, 2022

Shaily Engineering Plastics Limited to Report Q1, 2023 Results on Aug 06, 2022

Full year 2022 earnings released: EPS: ₹39.94 (vs ₹26.47 in FY 2021)

Shaily Engineering Plastics Limited Appoints Ashish Somani as CFO

Shaily Engineering Plastics Limited to Report Q4, 2022 Results on May 30, 2022

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Insider recently sold ₹128m worth of stock

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

Second quarter 2022 earnings released: EPS ₹11.32 (vs ₹8.81 in 2Q 2021)

Shaily Engineering Plastics Limited announced that it expects to receive INR 1.50065136 billion in funding from Acorn Asset Management Ltd, White Oak Capital Management Consultants LLP, Lighthouse Advisors India Private Limited

Chief Executive Officer Anil Kalra has left the company

Full year 2021 earnings released: EPS ₹26.47 (vs ₹28.36 in FY 2020)

Investor sentiment improved over the past week

New 90-day high: ₹957

Third quarter 2021 earnings released: EPS ₹9.64 (vs ₹7.54 in 3Q 2020)

New 90-day high: ₹874

Shaily Engineering Plastics Limited to Report Q3, 2021 Results on Feb 06, 2021

New 90-day high: ₹819

Market bids up stock over the past week

New 90-day high: ₹692

Shaily Engineering Plastics Limited to Report Q2, 2021 Results on Nov 07, 2020

Shaily Engineering Plastics Limited to Report Q1, 2021 Results on Aug 08, 2020

First quarter earnings released

New 90-day high - ₹459

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age