Solid Stone Company Limited

BSE:513699 Stock Report

Market Cap: ₹185.6m

Solid Stone Management

Management criteria checks 3/4

Solid Stone's CEO is Milan Khakhar, appointed in Aug 1994, has a tenure of 30.42 years. total yearly compensation is ₹4.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 21.37% of the company’s shares, worth ₹39.66M. The average tenure of the management team and the board of directors is 30.4 years and 0.3 years respectively.

Key information

Milan Khakhar

Chief executive officer

₹4.2m

Total compensation

CEO salary percentage100.0%
CEO tenure30.4yrs
CEO ownership21.4%
Management average tenure30.4yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Milan Khakhar's remuneration changed compared to Solid Stone's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹8m

Jun 30 2024n/an/a

₹6m

Mar 31 2024₹4m₹4m

₹9m

Dec 31 2023n/an/a

₹9m

Sep 30 2023n/an/a

₹9m

Jun 30 2023n/an/a

₹11m

Mar 31 2023₹4m₹4m

₹6m

Dec 31 2022n/an/a

₹4m

Sep 30 2022n/an/a

-₹50k

Jun 30 2022n/an/a

-₹4m

Mar 31 2022₹4m₹4m

-₹8m

Dec 31 2021n/an/a

-₹2m

Sep 30 2021n/an/a

₹2m

Jun 30 2021n/an/a

-₹7m

Mar 31 2021₹4m₹4m

-₹8m

Dec 31 2020n/an/a

-₹12m

Sep 30 2020n/an/a

-₹12m

Jun 30 2020n/an/a

-₹522k

Mar 31 2020₹4m₹4m

₹7m

Dec 31 2019n/an/a

₹8m

Sep 30 2019n/an/a

₹8m

Jun 30 2019n/an/a

₹7m

Mar 31 2019₹4m₹4m

₹7m

Mar 31 2018₹4m₹4m

₹12m

Compensation vs Market: Milan's total compensation ($USD48.93K) is about average for companies of similar size in the Indian market ($USD41.99K).

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

CEO

Milan Khakhar (62 yo)

30.4yrs

Tenure

₹4,202,400

Compensation

Mr. Milan Bhagwandas Khakhar, B.Com, LLB, has been Managing Director at Solid Stone Company Limited since October 01, 1994 and serves as its Chairman. Mr. Khakhar is responsible for the day to day manageme...

Leadership Team

NamePositionTenureCompensationOwnership
Milan Khakhar
Promoter Executive Chairman & MD30.4yrs₹4.20m21.37%
₹ 39.7m
Prakash Khakhar
Joint MD & Executive Director30.4yrs₹4.20m31.97%
₹ 59.3m
Manoj Dewani
CFO & VP9.7yrs₹2.10mno data
Hardik Valia
Compliance Officer & Company Secretaryno data₹452.00kno data
Jeenoo Khakhar
Head of Business Developmentno datano data13%
₹ 24.1m

30.4yrs

Average Tenure

61yo

Average Age

Experienced Management: 513699's management team is seasoned and experienced (30.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Milan Khakhar
Promoter Executive Chairman & MD34.7yrs₹4.20m21.37%
₹ 39.7m
Prakash Khakhar
Joint MD & Executive Director34.4yrs₹4.20m31.97%
₹ 59.3m
Deepali Jagad
Independent Directorless than a yearno datano data
Rashmi Ghorpade
Independent Directorless than a yearno datano data
Sarvapriya Walia
Independent Directorless than a yearno datano data

0.3yrs

Average Tenure

59yo

Average Age

Experienced Board: 513699's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 01:23
End of Day Share Price 2025/01/08 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

Solid Stone Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution