Balu Forge Industries Limited

BSE:531112 Stock Report

Market Cap: ₹81.9b

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

₹7.2m

Total compensation

CEO salary percentage100.0%
CEO tenure4yrs
CEO ownership52.5%
Management average tenure1.5yrs
Board average tenure3.7yrs

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
Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹7m₹7m

₹937m

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 ($USD85.31K) is below average for companies of similar size in the Indian market ($USD359.99K).

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


CEO

Jaspalsingh Chandock (60 yo)

4yrs

Tenure

₹7,200,000

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 & MD4yrs₹7.20m52.48%
₹ 43.0b
Amit Todkari
Chief Financial Officer1.5yrs₹1.58mno data
Tabassum Begum
Company Secretary & Compliance Officer1.4yrs₹846.11kno data
Jaikaran Chandock
Marketing Director & Whole-Time Directorno data₹1.80m1.08%
₹ 887.1m
Trimaan Chandock
Whole-Time Directorno data₹1.80m1.14%
₹ 936.4m
Sadik Patel
Chief Operating Officerless than a yearno datano data

1.5yrs

Average Tenure

34yo

Average Age

Experienced Management: 531112's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jaspalsingh Chandock
Chairman of the Board & MD4yrs₹7.20m52.48%
₹ 43.0b
Jaikaran Chandock
Marketing Director & Whole-Time Director4yrs₹1.80m1.08%
₹ 887.1m
Trimaan Chandock
Whole-Time Director4yrs₹1.80m1.14%
₹ 936.4m
Shalu Bhandari
Non-Executive Independent Woman Director3.4yrs₹300.00kno data
Radhey Soni
Non-Executive Independent Director3.4yrs₹300.00kno data
Raghvendra Mehta
Non-Executive Independent Director3.4yrs₹320.00kno data

3.7yrs

Average Tenure

45yo

Average Age

Experienced Board: 531112's board of directors are considered experienced (3.7 years average tenure).