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 9.5 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 ₹344.21M. The average tenure of the management team and the board of directors is 9.1 years and 6.3 years respectively.

Key information

Sanjivkumar Patel

Chief executive officer

₹5.0m

Total compensation

CEO salary percentage97.0%
CEO tenure9.5yrs
CEO ownership9.6%
Management average tenure9.1yrs
Board average tenure6.3yrs

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 ($USD58.61K) is above average for companies of similar size in the Indian market ($USD42.65K).

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

CEO

Sanjivkumar Patel (52 yo)

9.5yrs

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 Director9.5yrs₹4.95m9.55%
₹ 344.2m
Kamlesh Shah
Chief Financial Officer10.3yrs₹1.51mno data
Nikhil Patel
Senior Company Secretary & Compliance Officer8.8yrs₹1.59mno data
Apurva Shah
Whole-Time Directorno data₹3.61m0.020%
₹ 724.4k
Shivang Patel
VP of Business Development & Additional Whole-time Director5.4yrs₹5.28m1.51%
₹ 54.3m

9.1yrs

Average Tenure

60yo

Average Age

Experienced Management: 517417's management team is seasoned and experienced (9.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sanjivkumar Patel
MD & Whole Time Director15.2yrs₹4.95m9.55%
₹ 344.2m
Apurva Shah
Whole-Time Director6.3yrs₹3.61m0.020%
₹ 724.4k
Shivang Patel
VP of Business Development & Additional Whole-time Director5.4yrs₹5.28m1.51%
₹ 54.3m
Vinaben Patel
Non-Executive Independent Woman Director9.7yrs₹13.50kno data
Naimishbhai Patel
Additional Independent Director1.3yrs₹9.00kno data

6.3yrs

Average Tenure

61yo

Average Age

Experienced Board: 517417's board of directors are considered experienced (6.3 years average tenure).