Carysil Management

Management criteria checks 1/4

Carysil's CEO is Chirag Parekh, appointed in Nov 2008, has a tenure of 16.17 years. total yearly compensation is ₹60.88M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 30.38% of the company’s shares, worth ₹6.28B. The average tenure of the management team and the board of directors is 9.2 years and 1.2 years respectively.

Key information

Chirag Parekh

Chief executive officer

₹60.9m

Total compensation

CEO salary percentage100.0%
CEO tenure16.2yrs
CEO ownership30.4%
Management average tenure9.2yrs
Board average tenure1.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chirag Parekh's remuneration changed compared to Carysil's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹635m

Jun 30 2024n/an/a

₹622m

Mar 31 2024₹61m₹61m

₹579m

Dec 31 2023n/an/a

₹548m

Sep 30 2023n/an/a

₹515m

Jun 30 2023n/an/a

₹453m

Mar 31 2023₹48mn/a

₹524m

Dec 31 2022n/an/a

₹564m

Sep 30 2022n/an/a

₹616m

Jun 30 2022n/an/a

₹700m

Mar 31 2022₹34mn/a

₹648m

Dec 31 2021n/an/a

₹614m

Sep 30 2021n/an/a

₹563m

Jun 30 2021n/an/a

₹480m

Mar 31 2021₹20mn/a

₹391m

Dec 31 2020n/an/a

₹300m

Sep 30 2020n/an/a

₹247m

Jun 30 2020n/an/a

₹209m

Mar 31 2020₹18mn/a

₹221m

Dec 31 2019n/an/a

₹223m

Sep 30 2019n/an/a

₹186m

Jun 30 2019n/an/a

₹187m

Mar 31 2019₹17m₹17m

₹172m

Dec 31 2018n/an/a

₹155m

Sep 30 2018n/an/a

₹143m

Jun 30 2018n/an/a

₹126m

Mar 31 2018₹20m₹17m

₹120m

Compensation vs Market: Chirag's total compensation ($USD708.83K) is above average for companies of similar size in the Indian market ($USD180.63K).

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


CEO

Chirag Parekh (55 yo)

16.2yrs

Tenure

₹60,875,000

Compensation

Mr. Chirag Ashwin Parekh has been the Chairman and Managing Director of Carysil Limited (formerly known as Acrysil Limited) since November 1, 2013 and November 2008 respectively. Mr. Parekh served as Vice...


Leadership Team

NamePositionTenureCompensationOwnership
Chirag Parekh
Chairman & MD16.2yrs₹60.88m30.38%
₹ 6.3b
Anand Sharma
CFO, COO & Executive Director9.2yrs₹6.25m0.095%
₹ 19.7m
Reena Shah
Company Secretary & Compliance Officer2.2yrs₹2.13mno data
Pradeep Trivedi
Head of Human Resourcesno datano datano data
Marcus Smyth
Managing Director - UK Operationsno datano datano data
Merle Wigger
Head of Business Development & Sales - Acrysil GmbH - Germanyno datano datano data
Rhea Parekh
Creative & Digital Marketing Head and VP of International Marketingno datano datano data
Nikila Shridhar
B2B Head PAN Indiano datano datano data
Julian Annison
MD of Carysil Surfaces Limitedno datano datano data
Stuart Greenwood
MD of Carysil Brassware Limitedno datano datano data
Mitesh Chauhan
Vice President of International Salesno datano data0.041%
₹ 8.5m
Jairaj Nair
Vice President of Sales & Marketing and Domestic Businessno datano datano data

9.2yrs

Average Tenure

Experienced Management: 524091's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chirag Parekh
Chairman & MD22.2yrs₹60.88m30.38%
₹ 6.3b
Anand Sharma
CFO, COO & Executive Directorless than a year₹6.25m0.095%
₹ 19.7m
Rustam Mulla
Independent Director4.8yrs₹405.00kno data
Sonal Ambani
Independent Woman Director8.7yrs₹525.00kno data
Pradyumna Vyas
Independent Director1.4yrs₹240.00kno data
Prabhakar Dalal
Independent Directorless than a year₹50.00kno data
Katja Larsen
Independent Directorless than a year₹50.00kno data
Savan Godiawala
Independent Directorless than a yearno datano data

1.2yrs

Average Tenure

60yo

Average Age

Experienced Board: 524091's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 20:05
End of Day Share Price 2025/01/08 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

Carysil Limited is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCNI Research Limited
Pranav MehtaEquirus Securities Private Limited
Harini V.FirstCall Research