Patels Airtemp (India) Limited

BSE:517417 Stock Report

Market Cap: ₹3.6b

Patels Airtemp (India) Management

Management criteria checks 3/4

Patels Airtemp (India)'s CEO is Sanjivkumar Patel, appointed in May 2015, has a tenure of 9.67 years. total yearly compensation is ₹4.95M, comprised of 97% salary and 3% bonuses, including company stock and options. directly owns 9.55% of the company’s shares, worth ₹341.20M. The average tenure of the management team and the board of directors is 9.3 years and 6.4 years respectively.

Key information

Sanjivkumar Patel

Chief executive officer

₹5.0m

Total compensation

CEO salary percentage97.0%
CEO tenure9.7yrs
CEO ownership9.6%
Management average tenure9.3yrs
Board average tenure6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjivkumar Patel's remuneration changed compared to Patels Airtemp (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹164m

Jun 30 2024n/an/a

₹157m

Mar 31 2024₹5m₹5m

₹148m

Dec 31 2023n/an/a

₹137m

Sep 30 2023n/an/a

₹127m

Jun 30 2023n/an/a

₹123m

Mar 31 2023₹5m₹5m

₹112m

Dec 31 2022n/an/a

₹106m

Sep 30 2022n/an/a

₹122m

Jun 30 2022n/an/a

₹119m

Mar 31 2022₹4m₹4m

₹124m

Dec 31 2021n/an/a

₹122m

Sep 30 2021n/an/a

₹115m

Jun 30 2021n/an/a

₹114m

Mar 31 2021₹4m₹4m

₹114m

Dec 31 2020n/an/a

₹115m

Sep 30 2020n/an/a

₹110m

Jun 30 2020n/an/a

₹113m

Mar 31 2020₹4m₹4m

₹113m

Dec 31 2019n/an/a

₹107m

Sep 30 2019n/an/a

₹94m

Jun 30 2019n/an/a

₹86m

Mar 31 2019₹4m₹4m

₹73m

Dec 31 2018n/an/a

₹79m

Sep 30 2018n/an/a

₹88m

Jun 30 2018n/an/a

₹90m

Mar 31 2018₹3m₹3m

₹86m

Compensation vs Market: Sanjivkumar's total compensation ($USD57.74K) is above average for companies of similar size in the Indian market ($USD42.04K).

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

CEO

Sanjivkumar Patel (52 yo)

9.7yrs

Tenure

₹4,950,535

Compensation

Mr. Sanjivkumar Narayanbhai Patel, B.E. (Chem) and MBA (USA) has been Managing Director of Patels Airtemp (India) Limited since May 20, 2015 and as its Whole Time Director since October 1, 2009. He has wor...

Leadership Team

NamePositionTenureCompensationOwnership
Sanjivkumar Patel
MD & Whole Time Director9.7yrs₹4.95m9.55%
₹ 341.2m
Kamlesh Shah
Chief Financial Officer10.4yrs₹1.51mno data
Nikhil Patel
Senior Company Secretary & Compliance Officer8.9yrs₹1.59mno data
Apurva Shah
Whole-Time Directorno data₹3.61m0.020%
₹ 718.1k
Shivang Patel
VP of Business Development & Additional Whole-time Director5.6yrs₹5.28m1.51%
₹ 53.8m

9.3yrs

Average Tenure

60yo

Average Age

Experienced Management: 517417's management team is seasoned and experienced (9.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sanjivkumar Patel
MD & Whole Time Director15.3yrs₹4.95m9.55%
₹ 341.2m
Apurva Shah
Whole-Time Director6.4yrs₹3.61m0.020%
₹ 718.1k
Shivang Patel
VP of Business Development & Additional Whole-time Director5.6yrs₹5.28m1.51%
₹ 53.8m
Vinaben Patel
Non-Executive Independent Woman Director9.8yrs₹13.50kno data
Naimishbhai Patel
Additional Independent Director1.4yrs₹9.00kno data

6.4yrs

Average Tenure

61yo

Average Age

Experienced Board: 517417's board of directors are considered experienced (6.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 17:27
End of Day Share Price 2025/01/02 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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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

Patels Airtemp (India) Limited is covered by 2 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
Shailaja CH.FirstCall Research
Research SharekhanSharekhan Limited