HLE Glascoat Limited

BSE:522215 Stock Report

Market Cap: ₹26.4b

HLE Glascoat Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Himanshu Patel

Chief executive officer

₹15.3m

Total compensation

CEO salary percentage72.2%
CEO tenure8yrs
CEO ownership27.1%
Management average tenure2.7yrs
Board average tenure8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Himanshu Patel's remuneration changed compared to HLE Glascoat's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹265m

Jun 30 2024n/an/a

₹238m

Mar 31 2024₹15m₹11m

₹297m

Dec 31 2023n/an/a

₹451m

Sep 30 2023n/an/a

₹544m

Jun 30 2023n/an/a

₹637m

Mar 31 2023₹17m₹10m

₹698m

Dec 31 2022n/an/a

₹703m

Sep 30 2022n/an/a

₹657m

Jun 30 2022n/an/a

₹594m

Mar 31 2022₹18m₹10m

₹582m

Dec 31 2021n/an/a

₹528m

Sep 30 2021n/an/a

₹619m

Jun 30 2021n/an/a

₹602m

Mar 31 2021₹16m₹8m

₹523m

Dec 31 2020n/an/a

₹453m

Sep 30 2020n/an/a

₹391m

Jun 30 2020n/an/a

₹367m

Mar 31 2020₹13m₹8m

₹382m

Dec 31 2019n/an/a

₹287m

Sep 30 2019n/an/a

₹98m

Jun 30 2019n/an/a

₹82m

Mar 31 2019₹6m₹5m

₹179m

Dec 31 2018n/an/a

₹76m

Sep 30 2018n/an/a

₹67m

Jun 30 2018n/an/a

₹64m

Mar 31 2018₹5m₹4m

₹54m

Compensation vs Market: Himanshu's total compensation ($USD180.50K) is below average for companies of similar size in the Indian market ($USD259.06K).

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

CEO

Himanshu Patel (72 yo)

8yrs

Tenure

₹15,330,000

Compensation

Mr. Himanshu Khushalbhai Patel serves as Managing Director at HLE Glascoat Limited since December 31, 2016. He had been Executive Chairperson of HLE Glascoat Limited (formerly known as Swiss Glascoat Equip...

Leadership Team

NamePositionTenureCompensationOwnership
Himanshu Patel
Managing Director8yrs₹15.33m27.08%
₹ 7.2b
Aalap Patel
Executive Director of Technical & Whole-Time Directorno data₹9.23m1.38%
₹ 365.8m
Harsh Patel
Whole-Time Director2.2yrs₹6.30m12.94%
₹ 3.4b
Naveen Kandpal
Chief Financial Officer2.8yrsno datano data
Vijaykumar Saini
Vice President of Operationsno data₹7.00mno data
Achal Thakkar
Company Secretary & Compliance Officer2.6yrsno datano data
Bharat Dhanak
Vice President of Marketingno data₹6.20mno data
Vinod Dhakre
Senior General Manager of Sales & Marketingno data₹3.88mno data
Nilesh Parekh
General Manager of Human Resourcesno data₹3.90mno data
Harshal Barot
Head of People Successno data₹4.26mno data
Rohan Lele
Vice President of People Successno data₹6.50mno data
Vaibhav Gokhale
Vice President of Sales & Marketing - Southno data₹4.90mno data

2.7yrs

Average Tenure

46yo

Average Age

Experienced Management: 522215's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Aalap Patel
Executive Director of Technical & Whole-Time Director8yrs₹9.23m1.38%
₹ 365.8m
Harsh Patel
Whole-Time Director8yrs₹6.30m12.94%
₹ 3.4b
Yatish Parekh
Independent Chairman & Lead Independent Non Executive Director7.6yrs₹220.00kno data
Nilesh Patel
Non-Executive Director8yrs₹90.00k25.18%
₹ 6.7b
Vijayanti Punjabi
Independent Non Executive Director8yrs₹170.00kno data
Sandeep Randery
Independent Non Executive Director7.6yrs₹250.00kno data
Jayeshbhai Shah
Independent Non Executive Director6.1yrs₹200.00kno data

8.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 522215's board of directors are considered experienced (8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:12
End of Day Share Price 2024/12/18 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

HLE Glascoat Limited is covered by 1 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