Galaxy Bearings Management

Management criteria checks 4/4

Galaxy Bearings' CEO is Bharatkumarbhai Ghodasara, appointed in Jun 2017, has a tenure of 30.25 years. directly owns 0.49% of the company’s shares, worth ₹22.07M. The average tenure of the management team and the board of directors is 7 years and 9.4 years respectively.

Key information

Bharatkumarbhai Ghodasara

Chief executive officer

₹1.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	7yrs
CEO ownership	0.5%
Management average tenure	7yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bharatkumarbhai Ghodasara's remuneration changed compared to Galaxy Bearings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹188m
Dec 31 2023	n/a	n/a	₹186m
Sep 30 2023	n/a	n/a	₹181m
Jun 30 2023	n/a	n/a	₹182m
Mar 31 2023	₹1m	n/a	₹159m
Dec 31 2022	n/a	n/a	₹146m
Sep 30 2022	n/a	n/a	₹133m
Jun 30 2022	n/a	n/a	₹122m
Mar 31 2022	₹966k	n/a	₹133m
Dec 31 2021	n/a	n/a	₹107m
Sep 30 2021	n/a	n/a	₹99m
Jun 30 2021	n/a	n/a	₹89m
Mar 31 2021	₹815k	n/a	₹79m
Dec 31 2020	n/a	n/a	₹82m
Sep 30 2020	n/a	n/a	₹76m
Jun 30 2020	n/a	n/a	₹67m
Mar 31 2020	₹815k	n/a	₹56m
Dec 31 2019	n/a	n/a	₹51m
Sep 30 2019	n/a	n/a	₹52m
Jun 30 2019	n/a	n/a	₹61m
Mar 31 2019	n/a	n/a	₹66m
Dec 31 2018	n/a	n/a	₹61m
Sep 30 2018	n/a	n/a	₹51m
Jun 30 2018	n/a	n/a	₹45m
Mar 31 2018	₹691k	₹691k	₹36m

Compensation vs Market: Bharatkumarbhai's total compensation ($USD13.67K) is below average for companies of similar size in the Indian market ($USD38.02K).

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

CEO

Bharatkumarbhai Ghodasara (65 yo)

7yrs

Tenure

₹1,141,000

Compensation

Mr. Bharatkumarbhai Keshavji Ghodasara serves as Whole Time Director at Galaxy Bearings Limited. He had been Managing Director of Galaxy Bearings Ltd since June 1, 2017 and served as its Joint Managing Dir...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bharatkumarbhai Ghodasara	Whole Time Director	7yrs	₹1.14m	0.49% ₹ 22.1m
Dixit Patel	Chief Financial Officer	9.7yrs	₹1.59m	no data
Mona Sharma	Company Secretary & Compliance Officer	less than a year	no data	no data

7.0yrs

Average Tenure

Experienced Management: 526073's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bharatkumarbhai Ghodasara	Whole Time Director	30.3yrs	₹1.14m	0.49% ₹ 22.1m
Tuhina Bera	Non Executive Director	9.4yrs	no data	4.37% ₹ 196.5m
Pradeepkumar Khetani	Independent Non-Executive Director	9.7yrs	no data	no data
Shetal Gor	Non-Executive Director	9.4yrs	no data	11.24% ₹ 505.8m
Devang Gor	Non-Executive Director	4.8yrs	no data	3.16% ₹ 142.3m
Kartik Kumar Patel	Non-Executive & Independent Chairperson	less than a year	no data	no data
Deepa Shah	Non-Executive & Independent Director	less than a year	no data	no data

9.4yrs

Average Tenure

60yo

Average Age

Experienced Board: 526073's board of directors are considered experienced (9.4 years average tenure).

Galaxy Bearings Management

Management criteria checks 4/4

Key information

Recent management updates

Galaxy Bearings Limited Appoints Mona Sharma as Company Secretary and Compliance Officer

Galaxy Bearings Limited Appoints Dxit S. Patel as Interim Compliance Officer

Galaxy Bearings Limited Announces Resignation of Jeel Poshiya as the Company Secretary & Compliance Officer, Effective January 31, 2024

Less than half of directors are independent

Galaxy Bearings Limited Announces Change in Directorate

Galaxy Bearings Limited, Annual General Meeting, Sep 26, 2023

Recent updates

Full year 2024 earnings released: EPS: ₹59.26 (vs ₹50.15 in FY 2023)

Galaxy Bearings Limited Appoints Mona Sharma as Company Secretary and Compliance Officer

Investor sentiment improves as stock rises 18%

Galaxy Bearings Limited to Report Q4, 2024 Results on May 24, 2024

Third quarter 2024 earnings released: EPS: ₹15.87 (vs ₹14.30 in 3Q 2023)

Galaxy Bearings Limited Appoints Dxit S. Patel as Interim Compliance Officer

Galaxy Bearings Limited to Report Q3, 2024 Results on Feb 12, 2024

Galaxy Bearings Limited Announces Resignation of Jeel Poshiya as the Company Secretary & Compliance Officer, Effective January 31, 2024

Less than half of directors are independent

Second quarter 2024 earnings released: EPS: ₹13.21 (vs ₹13.31 in 2Q 2023)

Galaxy Bearings Limited Announces Change in Directorate

Galaxy Bearings Limited to Report Q2, 2024 Results on Nov 03, 2023

Galaxy Bearings Limited, Annual General Meeting, Sep 26, 2023

First quarter 2024 earnings released: EPS: ₹10.95 (vs ₹3.97 in 1Q 2023)

Galaxy Bearings Limited Announces Board Appointments

Investor sentiment improves as stock rises 16%

Galaxy Bearings Limited to Report Q1, 2024 Results on Aug 10, 2023

Now 20% undervalued

Now 20% undervalued

Investor sentiment improves as stock rises 28%

Full year 2023 earnings released: EPS: ₹50.14 (vs ₹41.78 in FY 2022)

Galaxy Bearings Limited to Report Q4, 2023 Results on May 27, 2023

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: ₹14.30 (vs ₹9.99 in 3Q 2022)

Galaxy Bearings Limited to Report Q3, 2023 Results on Jan 27, 2023

Insider recently bought ₹2.5m worth of stock

Investor sentiment improved over the past week

Insider recently bought ₹5.0m worth of stock

Insider recently bought ₹2.5m worth of stock

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Galaxy Bearings Limited Announces Cessation of Navinchandra Mohanlal Patel as Director

Investor sentiment improved over the past week

Galaxy Bearings Limited Approves the Retirement of Navinchandra Mohanlal Patel as Director

Insider recently bought ₹2.0m worth of stock

Investor sentiment improved over the past week

Galaxy Bearings Limited Announces Cessation of Navinchandra Mohanlal Patel to Be Director of the Company

Non-Executive Director recently bought ₹4.0m worth of stock

Investor sentiment deteriorated over the past week

First quarter 2023 earnings released: EPS: ₹3.97 (vs ₹7.48 in 1Q 2022)

Galaxy Bearings Limited Announces Resignation of Urvashi Gandhi as Company Secretary / Compliance Officer

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹41.78 (vs ₹24.70 in FY 2021)

Galaxy Bearings Limited to Report Q4, 2022 Results on May 21, 2022

Less than half of directors are independent

Non Executive Director recently bought ₹3.0m worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Galaxy Bearings Limited to Report Q3, 2022 Results on Feb 12, 2022

Second quarter 2022 earnings released: EPS ₹9.88 (vs ₹6.54 in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹7.48 (vs ₹4.34 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹24.70 (vs ₹17.61 in FY 2020)

Third quarter 2021 earnings released: EPS ₹7.46 (vs ₹5.55 in 3Q 2020)

Investor sentiment improved over the past week

Galaxy Bearings Limited to Report Q3, 2021 Results on Feb 06, 2021

Investor sentiment improved over the past week

New 90-day high: ₹203

New 90-day high: ₹192

Market bids up stock over the past week

Galaxy Bearings Limited to Report Q2, 2021 Results on Nov 07, 2020

New 90-day high: ₹188

New 90-day high: ₹185

CFO & Director recently sold ₹3.0m worth of stock

New 90-day high - ₹184

First quarter earnings released

Galaxy Bearings Limited to Report Q1, 2021 Results on Aug 21, 2020