APAR Industries Limited

BSE:532259 Stock Report

Market Cap: ₹403.6b

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 tenure25.8yrs
CEO ownership23.0%
Management average tenure6.3yrs
Board average tenure6.6yrs

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 ($USD1.61M) is above average for companies of similar size in the Indian market ($USD580.07K).

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

CEO

Kushal Desai (57 yo)

25.8yrs

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%
₹ 93.0b
Chaitanya Desai
MD & Director9.8yrs₹137.61m22.7%
₹ 91.6b
Ramesh Iyer
Chief Financial Officer2.8yrsno datano data
Sanjay Kumar
Vice President of HR & Administrationno datano datano data
Sanjaya Kunder
Compliance Officer & Company Secretary17.5yrsno 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 Board25.8yrs₹137.41m23.04%
₹ 93.0b
Chaitanya Desai
MD & Director31.6yrs₹137.61m22.7%
₹ 91.6b
Kaushal Sampat
Additional Independent Non-Executive Director2.9yrs₹720.00kno data
Rajesh Sehgal
Non-Executive & Independent Director7.7yrs₹832.50k0.010%
₹ 40.2m
Rishabh Desai
Non-Executive & Non Independent Director5.6yrs₹345.00k0.16%
₹ 661.0m
Nirupa Bhatt
Non-Executive & Independent Director1.2yrs₹175.00kno data

6.6yrs

Average Tenure

53yo

Average Age

Experienced Board: 532259's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 12:25
End of Day Share Price 2024/12/27 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

APAR Industries Limited is covered by 9 analysts. 5 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 nullAsian Markets Securities Private Limited
Dhananjay SinhaEmkay Global Financial Services Ltd.
Anuj UpadhyayEmkay Global Financial Services Ltd.