APAR Industries Limited

BSE:532259 Stock Report

Market Cap: ₹384.1b

APAR Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Kushal Desai

Chief executive officer

₹137.4m

Total compensation

CEO salary percentage15.4%
CEO tenure25.7yrs
CEO ownership23.0%
Management average tenure6.3yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kushal Desai's remuneration changed compared to APAR Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹9b

Jun 30 2024n/an/a

₹8b

Mar 31 2024₹137m₹21m

₹8b

Dec 31 2023n/an/a

₹8b

Sep 30 2023n/an/a

₹8b

Jun 30 2023n/an/a

₹7b

Mar 31 2023₹103m₹19m

₹6b

Dec 31 2022n/an/a

₹5b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹48m₹8m

₹3b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹22m₹1k

₹2b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹904m

Jun 30 2020n/an/a

₹708m

Mar 31 2020₹33m₹15m

₹1b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹36m₹13m

₹1b

Dec 31 2018n/an/a

₹1b

Sep 30 2018n/an/a

₹1b

Jun 30 2018n/an/a

₹1b

Mar 31 2018₹35m₹12m

₹1b

Compensation vs Market: Kushal's total compensation ($USD1.63M) is above average for companies of similar size in the Indian market ($USD611.10K).

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

CEO

Kushal Desai (57 yo)

25.7yrs

Tenure

₹137,407,121

Compensation

Mr. Kushal Narendra Desai has been Chairman of the Board of Apar Industries Limited since November 8, 2016 and serves as its Managing Director and Chief Executive Officer. He is the Co-owner of Desai Famil...

Leadership Team

NamePositionTenureCompensationOwnership
Kushal Desai
Chairman of the Boardno data₹137.41m23.04%
₹ 88.5b
Chaitanya Desai
MD & Director9.8yrs₹137.61m22.7%
₹ 87.2b
Ramesh Iyer
Chief Financial Officer2.8yrsno datano data
Sanjay Kumar
Vice President of HR & Administrationno datano datano data
Sanjaya Kunder
Compliance Officer & Company Secretary17.4yrsno datano data
Bhavna Valkhi
Deputy Manager of Sales & Marketingno datano datano data
Suyash Saraogi
President of Strategy & Projectsno data₹140.00kno data
Manish Agarwal
CEO of Conductor & Telecommunications Businessesless than a yearno datano data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: 532259's management team is seasoned and experienced (6.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kushal Desai
Chairman of the Board25.7yrs₹137.41m23.04%
₹ 88.5b
Chaitanya Desai
MD & Director31.5yrs₹137.61m22.7%
₹ 87.2b
Kaushal Sampat
Additional Independent Non-Executive Director2.8yrs₹720.00kno data
Rajesh Sehgal
Non-Executive & Independent Director7.6yrs₹832.50k0.010%
₹ 38.3m
Rishabh Desai
Non-Executive & Non Independent Director5.5yrs₹345.00k0.16%
₹ 629.0m
Nirupa Bhatt
Non-Executive & Independent Director1.1yrs₹175.00kno data

6.5yrs

Average Tenure

53yo

Average Age

Experienced Board: 532259's board of directors are considered experienced (6.5 years average tenure).