HLE Glascoat Limited

BSE:522215 Stock Report

Market Cap: ₹25.5b

HLE Glascoat Management

Management criteria checks 4/4

HLE Glascoat's CEO is Himanshu Patel, appointed in Dec 2016, has a tenure of 7.92 years. total yearly compensation is ₹15.33M, comprised of 72.2% salary and 27.8% bonuses, including company stock and options. directly owns 27.08% of the company’s shares, worth ₹6.89B. The average tenure of the management team and the board of directors is 2.6 years and 7.9 years respectively.

Key information

Himanshu Patel

Chief executive officer

₹15.3m

Total compensation

CEO salary percentage72.2%
CEO tenure7.9yrs
CEO ownership27.1%
Management average tenure2.6yrs
Board average tenure7.9yrs

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 ($USD181.51K) is below average for companies of similar size in the Indian market ($USD273.68K).

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

CEO

Himanshu Patel (72 yo)

7.9yrs

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 Director7.9yrs₹15.33m27.08%
₹ 6.9b
Aalap Patel
Executive Director of Technical & Whole-Time Directorno data₹9.23m1.38%
₹ 352.1m
Harsh Patel
Whole-Time Director2.1yrs₹6.30m12.94%
₹ 3.3b
Naveen Kandpal
Chief Financial Officer2.7yrsno datano data
Vijaykumar Saini
Vice President of Operationsno data₹7.00mno data
Achal Thakkar
Company Secretary & Compliance Officer2.5yrsno 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

2.6yrs

Average Tenure

46yo

Average Age

Experienced Management: 522215's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Aalap Patel
Executive Director of Technical & Whole-Time Director7.9yrs₹9.23m1.38%
₹ 352.1m
Harsh Patel
Whole-Time Director7.9yrs₹6.30m12.94%
₹ 3.3b
Yatish Parekh
Independent Chairman & Lead Independent Non Executive Director7.5yrs₹220.00kno data
Nilesh Patel
Non-Executive Director7.9yrs₹90.00k25.18%
₹ 6.4b
Vijayanti Punjabi
Independent Non Executive Director7.9yrs₹170.00kno data
Sandeep Randery
Independent Non Executive Director7.5yrs₹250.00kno data
Jayeshbhai Shah
Independent Non Executive Director6yrs₹200.00kno data

7.9yrs

Average Tenure

60yo

Average Age

Experienced Board: 522215's board of directors are considered experienced (7.9 years average tenure).