Balu Forge Industries Limited

BSE:531112 Stock Report

Market Cap: ₹73.1b

Balu Forge Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jaspalsingh Chandock

Chief executive officer

₹11.6m

Total compensation

CEO salary percentage100.00%
CEO tenure5yrs
CEO ownership53.0%
Management average tenure2.5yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jaspalsingh Chandock's remuneration changed compared to Balu Forge Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

₹2b

Mar 31 2025₹12m₹12m

₹2b

Dec 31 2024n/an/a

₹2b

Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹7m₹7m

₹935m

Dec 31 2023n/an/a

₹806m

Sep 30 2023n/an/a

₹666m

Jun 30 2023n/an/a

₹482m

Mar 31 2023₹7m₹7m

₹389m

Dec 31 2022n/an/a

₹343m

Sep 30 2022n/an/a

₹312m

Jun 30 2022n/an/a

₹334m

Mar 31 2022₹5m₹5m

₹298m

Dec 31 2021n/an/a

₹234m

Sep 30 2021n/an/a

₹194m

Jun 30 2021n/an/a

₹115m

Mar 31 2021₹5m₹2m

₹76m

Compensation vs Market: Jaspalsingh's total compensation ($USD130.73K) is below average for companies of similar size in the Indian market ($USD405.66K).

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

CEO

Jaspalsingh Chandock (61 yo)

5yrs
Tenure
₹11,600,000
Compensation

Mr. Jaspalsingh Prehladsingh Chandock has been Chairman of the Board and Managing Director of Balu Forge Industries Limited (formerly known as Amaze Entertech Limited) since November 19, 2020. He is Direct...

Leadership Team

NamePositionTenureCompensationOwnership
Jaspalsingh Chandock
Chairman of the Board & MD5yrs₹11.60m53.02%
₹ 38.8b
Amit Todkari
Chief Financial Officer2.5yrs₹1.64mno data
Tabassum Begum
Company Secretary & Compliance Officer2.4yrs₹1.05mno data
Jaikaran Chandock
Marketing Director & Whole-Time Directorno data₹4.55m0.89%
₹ 648.0m
Trimaan Chandock
Whole-Time Directorno data₹4.55m0.94%
₹ 690.2m
Sadik Patel
Chief Operating Officer1.5yrsno datano data
2.5yrs
Average Tenure
35yo
Average Age

Experienced Management: 531112's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jaspalsingh Chandock
Chairman of the Board & MD5yrs₹11.60m53.02%
₹ 38.8b
Jaikaran Chandock
Marketing Director & Whole-Time Director5yrs₹4.55m0.89%
₹ 648.0m
Trimaan Chandock
Whole-Time Director5yrs₹4.55m0.94%
₹ 690.2m
Shalu Bhandari
Non-Executive Independent Woman Director4.4yrs₹415.00kno data
Radhey Soni
Non-Executive Independent Director4.4yrs₹435.00kno data
Raghvendra Mehta
Non-Executive Independent Director4.4yrs₹415.00kno data
Roop Meena
Non-Executive Independent Directorless than a yearno datano data
4.4yrs
Average Tenure
46yo
Average Age

Experienced Board: 531112's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/20 00:51
End of Day Share Price 2025/11/20 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Balu Forge Industries 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
Kameswari V. S. ChavaliFirstCall Research