Axtel Industries Limited

BSE:523850 Stock Report

Market Cap: ₹7.3b

Axtel Industries Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ajay Desai

Chief executive officer

₹21.0m

Total compensation

CEO salary percentage85.7%
CEO tenure17.6yrs
CEO ownership5.7%
Management average tenureno data
Board average tenure14.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajay Desai's remuneration changed compared to Axtel Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹309m

Mar 31 2024₹21m₹18m

₹321m

Dec 31 2023n/an/a

₹379m

Sep 30 2023n/an/a

₹305m

Jun 30 2023n/an/a

₹233m

Mar 31 2023₹15m₹15m

₹173m

Dec 31 2022n/an/a

₹130m

Sep 30 2022n/an/a

₹128m

Jun 30 2022n/an/a

₹101m

Mar 31 2022₹15m₹15m

₹138m

Dec 31 2021n/an/a

₹92m

Sep 30 2021n/an/a

₹143m

Jun 30 2021n/an/a

₹176m

Mar 31 2021₹15m₹15m

₹213m

Dec 31 2020n/an/a

₹214m

Sep 30 2020n/an/a

₹188m

Jun 30 2020n/an/a

₹169m

Mar 31 2020₹15m₹15m

₹109m

Dec 31 2019n/an/a

₹86m

Sep 30 2019n/an/a

₹97m

Jun 30 2019n/an/a

₹116m

Mar 31 2019₹15m₹15m

₹130m

Dec 31 2018n/an/a

₹154m

Sep 30 2018n/an/a

₹106m

Jun 30 2018n/an/a

₹69m

Mar 31 2018₹8m₹8m

₹59m

Compensation vs Market: Ajay's total compensation ($USD249.90K) is above average for companies of similar size in the Indian market ($USD42.85K).

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

CEO

Ajay Desai (66 yo)

17.6yrs

Tenure

₹21,000,000

Compensation

Mr. Ajay Naishad Desai has been Whole Time Director of Axtel Industries Limited since March 1, 2007. Mr. Desai served as Compliance Officer of Axtel Industries Limited until April 2016. He joined at Axtel...

Board Members

NamePositionTenureCompensationOwnership
Ajay Desai
Whole Time Director17.6yrs₹21.00m5.71%
₹ 417.4m
Ajay Parikh
Whole Time Director16.2yrs₹21.00m2.88%
₹ 211.0m
Ameet Parikh
Non Executive Director14.8yrs₹200.00kno data
Paresh Rajda
Non-Executive Independent Directorless than a yearno datano data
Ajit Singh Bubber
Non-Executive Director29.5yrs₹120.00k0.093%
₹ 6.8m
Deepti Sharma
Non-Executive Independent Director5.9yrs₹260.00kno data
Nimish Patel
Non-Executive Independent Director5.9yrs₹280.00kno data

14.8yrs

Average Tenure

64yo

Average Age

Experienced Board: 523850's board of directors are seasoned and experienced ( 14.8 years average tenure).