Praj Industries Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Shishir Joshipura

Chief executive officer

₹58.0m

Total compensation

CEO salary percentage	67.2%
CEO tenure	6yrs
CEO ownership	0.03%
Management average tenure	less than a year
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shishir Joshipura's remuneration changed compared to Praj Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹3b
Mar 31 2023	₹58m	₹39m	₹2b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹48m	₹33m	₹2b
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹1b
Jun 30 2021	n/a	n/a	₹1b
Mar 31 2021	₹32m	₹23m	₹810m
Dec 31 2020	n/a	n/a	₹539m
Sep 30 2020	n/a	n/a	₹464m
Jun 30 2020	n/a	n/a	₹512m
Mar 31 2020	₹31m	₹26m	₹704m
Dec 31 2019	n/a	n/a	₹789m
Sep 30 2019	n/a	n/a	₹807m
Jun 30 2019	n/a	n/a	₹735m
Mar 31 2019	₹29m	₹27m	₹682m

Compensation vs Market: Shishir's total compensation ($USD695.56K) is above average for companies of similar size in the Indian market ($USD381.71K).

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

CEO

Shishir Joshipura (61 yo)

6yrs

Tenure

₹57,978,000

Compensation

Mr. Shishir Joshipura, B.E. (Mech)., is Chief Executive Officer and Managing Director at Praj Industries Limited since April 02, 2018 and is its an Executive Director. He was Additional Director at Praj In...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shishir Joshipura	CEO, MD & Executive Director	6yrs	₹57.98m	0.027% ₹ 26.1m
Sachin Raole	CFO, Director of Resources & Executive Director	7.8yrs	₹27.10m	0.041% ₹ 39.2m
Dattatraya Nimbolkar	Chief Internal Auditor & Nodal Officer	less than a year	₹10.06m	no data
Pramod Chaudhari	Executive Chairman	38.4yrs	₹47.57m	21.07% ₹ 20.2b
Mallikarjun Navalgund	President	no data	₹9.56m	0.030% ₹ 28.8m
Pramod Kumbhar	President	no data	₹9.68m	no data
Ghanashyam Deshpande	President	no data	₹10.38m	no data
Sameer Kukade	President	no data	₹8.09m	no data
Anant Bavare	Company Secretary & Compliance Officer	less than a year	no data	no data
Prakash Ranjan	Group COHR	less than a year	no data	no data
S. Kumar	Executive Vice President	no data	₹9.31m	no data
Sanjay Sapru	Executive Vice President	no data	₹16.55m	no data

0.3yrs

Average Tenure

58yo

Average Age

Experienced Management: 522205's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Shishir Joshipura	CEO, MD & Executive Director	6yrs	₹57.98m	0.027% ₹ 26.1m
Sachin Raole	CFO, Director of Resources & Executive Director	7.3yrs	₹27.10m	0.041% ₹ 39.2m
Pramod Chaudhari	Executive Chairman	38.4yrs	₹47.57m	21.07% ₹ 20.2b
Shridhar Shukla	Non-Executive Independent Director	6yrs	₹1.00m	no data
Parimal Chaudhari	Non-Executive Director	16.8yrs	₹100.06m	7.84% ₹ 7.5b
Suhas Baxi	Non-Executive Independent Director	4.7yrs	₹900.00k	no data
Rujuta Jagtap	Non-Executive Independent Director	less than a year	no data	no data

6.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 522205's board of directors are considered experienced (6 years average tenure).

Praj Industries Management

Management criteria checks 1/4

Key information

Recent management updates

Praj Industries Limited Announces Management Changes

Insider recently sold ₹16m worth of stock

CEO, MD & Executive Director recently sold ₹16m worth of stock

Praj Industries Limited Appoints Rujuta Jagtap as Independent Non-Executive Director

Key Executive recently sold ₹41m worth of stock

Independent Non-Executive Director recently sold ₹19m worth of stock

Recent updates

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Praj Industries Limited to Report Q3, 2024 Results on Feb 01, 2024

Praj Industries Limited Announces Management Changes

Insider recently sold ₹16m worth of stock

CEO, MD & Executive Director recently sold ₹16m worth of stock

Price target increased by 13% to ₹594

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Praj Industries Limited to Report Q2, 2024 Results on Oct 31, 2023

Praj Industries Limited Appoints Rujuta Jagtap as Independent Non-Executive Director

Key Executive recently sold ₹41m worth of stock

Price target increased by 9.1% to ₹526

Investor sentiment improves as stock rises 17%

Independent Non-Executive Director recently sold ₹19m worth of stock

Praj Industries Limited Declares Final Dividend for the Financial Year Ended March 31, 2023, Payable by August 21, 2023

Upcoming dividend of ₹4.50 per share at 1.1% yield

Full year 2023 earnings: EPS exceeds analyst expectations

Praj Industries Limited, Annual General Meeting, Jul 26, 2023

Independent Non-Executive Director recently sold ₹16m worth of stock

Praj Industries Limited Recommends Dividend for the Financial Year Ended 31 March 2023

Full year 2023 earnings: EPS exceeds analyst expectations

Independent Non-Executive Director recently sold ₹17m worth of stock

Third quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Praj Industries Limited to Report Q3, 2023 Results on Feb 03, 2023

Insufficient new directors

Independent Non-Executive Director recently sold ₹53m worth of stock

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Praj Industries Limited to Report Q2, 2023 Results on Oct 18, 2022

President recently sold ₹2.5m worth of stock

Praj Industries Limited to Report Q1, 2023 Results on Aug 04, 2022

Upcoming dividend of ₹4.20 per share

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Praj Industries Limited, Annual General Meeting, Aug 04, 2022

Price target decreased to ₹395

Praj Industries Limited Proposes Special Dividend for the Financial Year Ended 31 March 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Independent Non-Executive Director recently sold ₹24m worth of stock

Independent Non-Executive Director recently sold ₹36m worth of stock

Second quarter 2022 earnings released: EPS ₹1.82 (vs ₹0.62 in 2Q 2021)

President recently sold ₹14m worth of stock

Insider recently sold ₹13m worth of stock

Consensus forecasts updated

Insufficient new directors

Full year 2021 earnings released: EPS ₹4.43 (vs ₹3.85 in FY 2020)

Consensus revenue estimates increase to ₹17.9b

President recently sold ₹1.6m worth of stock

President recently sold ₹6.5m worth of stock

Praj Industries Achieves Another Milestone by Developing Innovative Technology to Produce Bio-Bitumen Based on Lignin

Independent Non-Executive Director recently sold ₹92m worth of stock

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹4.43 (vs ₹3.85 in FY 2020)

Praj Industries Limited Recommends Dividend

Investor sentiment improved over the past week

Independent Non-Executive Director recently sold ₹10m worth of stock

Praj Industries Limited Wins Breakthrough Order to Set Up Compressed Biogas Plant from HPCL

Independent Non-Executive Director recently sold ₹49m worth of stock

Investor sentiment improved over the past week

Executive Vice President recently sold ₹1.4m worth of stock

New 90-day high: ₹143

New 90-day high: ₹134

Third quarter 2021 earnings released: EPS ₹1.54 (vs ₹1.13 in 3Q 2020)

Praj Industries Limited to Report Q3, 2021 Results on Feb 04, 2021

Executive Vice President recently sold ₹3.4m worth of stock

Praj Industries Ltd. Receives an Order for INR 2,269.0 Million from Indian Oil Corporation Limited

New 90-day high: ₹115

New 90-day high: ₹107