Astral Management

Management criteria checks 3/4

Astral's CEO is Sandeep Engineer, appointed in Apr 2006, has a tenure of 18.58 years. total yearly compensation is ₹139.24M, comprised of 47.6% salary and 52.4% bonuses, including company stock and options. directly owns 31.57% of the company’s shares, worth ₹153.39B. The average tenure of the management team and the board of directors is 2.3 years and 4 years respectively.

Key information

Sandeep Engineer

Chief executive officer

₹139.2m

Total compensation

CEO salary percentage	47.6%
CEO tenure	18.6yrs
CEO ownership	31.6%
Management average tenure	2.3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sandeep Engineer's remuneration changed compared to Astral's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹5b
Jun 30 2024	n/a	n/a	₹5b
Mar 31 2024	₹139m	₹66m	₹5b
Dec 31 2023	n/a	n/a	₹6b
Sep 30 2023	n/a	n/a	₹5b
Jun 30 2023	n/a	n/a	₹5b
Mar 31 2023	₹118m	₹58m	₹4b
Dec 31 2022	n/a	n/a	₹4b
Sep 30 2022	n/a	n/a	₹4b
Jun 30 2022	n/a	n/a	₹5b
Mar 31 2022	₹104m	₹50m	₹5b
Dec 31 2021	n/a	n/a	₹5b
Sep 30 2021	n/a	n/a	₹5b
Jun 30 2021	n/a	n/a	₹5b
Mar 31 2021	₹85m	₹41m	₹4b
Dec 31 2020	n/a	n/a	₹3b
Sep 30 2020	n/a	n/a	₹2b
Jun 30 2020	n/a	n/a	₹2b
Mar 31 2020	₹60m	₹35m	₹2b
Dec 31 2019	n/a	n/a	₹3b
Sep 30 2019	n/a	n/a	₹2b
Jun 30 2019	n/a	n/a	₹2b
Mar 31 2019	₹51m	₹29m	₹2b
Dec 31 2018	n/a	n/a	₹2b
Sep 30 2018	n/a	n/a	₹2b
Jun 30 2018	n/a	n/a	₹2b
Mar 31 2018	₹43m	₹25m	₹2b

Compensation vs Market: Sandeep's total compensation ($USD1.65M) is above average for companies of similar size in the Indian market ($USD776.20K).

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

CEO

Sandeep Engineer (63 yo)

18.6yrs

Tenure

₹139,240,000

Compensation

Mr. Sandeep Pravinbhai Engineer has been the Managing Director of Astral Poly Technik Limited since April 1, 2006. He joined Astral Limited on March 25, 1996. Mr. Engineer serves as Chairman of the Board a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sandeep Engineer	MD & Chairman of the Board	18.6yrs	₹139.24m	31.57% ₹ 153.4b
Hiranand Savlani	CFO & Whole Time Director	no data	₹62.72m	0.042% ₹ 204.4m
Jagruti Engineer	Whole-Time Director	no data	₹14.52m	7.56% ₹ 36.7b
Kairav Engineer	Whole Time Director	1.3yrs	₹14.60m	no data
Girish Joshi	Whole Time Director	3.3yrs	₹2.06m	0.000010% ₹ 48.6k
Chintankumar Patel	Company Secretary & Compliance Officer	no data	no data	no data

2.3yrs

Average Tenure

59yo

Average Age

Experienced Management: 532830's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sandeep Engineer	MD & Chairman of the Board	18.2yrs	₹139.24m	31.57% ₹ 153.4b
Hiranand Savlani	CFO & Whole Time Director	1.3yrs	₹62.72m	0.042% ₹ 204.4m
Jagruti Engineer	Whole-Time Director	18.2yrs	₹14.52m	7.56% ₹ 36.7b
Kairav Engineer	Whole Time Director	1.3yrs	₹14.60m	no data
Girish Joshi	Whole Time Director	3.3yrs	₹2.06m	0.000010% ₹ 48.6k
C. Gopal	Independent Director	4.8yrs	₹525.00k	no data
Kaushal Nakrani	Independent Director	5.7yrs	₹275.00k	no data
Viral Jhaveri	Independent Director	5.1yrs	₹575.00k	0.00037% ₹ 1.8m
Chetas Desai	Independent Director	1.8yrs	₹375.00k	0.0060% ₹ 29.4m
Dhinal Shah	Independent Director	1.8yrs	₹375.00k	0.0012% ₹ 6.0m

4.0yrs

Average Tenure

59yo

Average Age

Experienced Board: 532830's board of directors are considered experienced (4 years average tenure).

Astral Management

Management criteria checks 3/4

Key information

Recent management updates

Astral Limited, Annual General Meeting, Aug 23, 2024

CFO & Whole Time Director recently sold ₹61m worth of stock

Independent Director recently sold ₹1.7m worth of stock

High number of new directors

Astral Limited Announces Directorate Appointments

Astral Limited, Annual General Meeting, Aug 11, 2023

Recent updates

Second quarter 2025 earnings: EPS and revenues miss analyst expectations

Astral Limited to Report Q2, 2025 Results on Nov 07, 2024

Astral Limited to Report Q1, 2025 Results on Aug 08, 2024

Final dividend of ₹2.25 announced

Astral Limited, Annual General Meeting, Aug 23, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

New minor risk - Insider selling

CFO & Whole Time Director recently sold ₹61m worth of stock

Independent Director recently sold ₹1.7m worth of stock

Full year 2024 earnings: EPS and revenues miss analyst expectations

Astral Limited Recommends Final Dividend for the Year Ended 31 March, 2024

Astral Limited to Report Q4, 2024 Results on May 17, 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Astral Limited to Report Q3, 2024 Results on Jan 30, 2024

New minor risk - Insider selling

Second quarter 2024 earnings: EPS misses analyst expectations

Astral Limited Approves Interim Dividend for the Financial Year 2023-24

Astral Limited to Report Q2, 2024 Results on Oct 18, 2023

High number of new directors

Astral Limited Announces Directorate Appointments

Astral Limited to Report Q1, 2024 Results on Aug 11, 2023

Astral Limited (BSE:532830) has entered into definitive agreements to acquire 51% stake in Operating paint business of Gem Paints from Gem Paints Limited.

Upcoming dividend of ₹2.25 per share at 0.2% yield

Full year 2023 earnings: EPS exceeds analyst expectations

Astral Limited, Annual General Meeting, Aug 11, 2023

Chief Financial Officer recently sold ₹47m worth of stock

Insider recently sold ₹1.5m worth of stock

Insider recently sold ₹95m worth of stock

Insider recently sold ₹16m worth of stock

Price target increased by 7.4% to ₹1,734

Full year 2023 earnings: EPS exceeds analyst expectations

Astral Limited Recommends Final Dividend for the Year Ended 31 March, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Astral Limited to Report Q3, 2023 Results on Feb 07, 2023

Consensus EPS estimates fall by 14%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Astral Limited Declares Interim Dividend for the Financial Year 2022-2023

Astral Limited to Report Q2, 2023 Results on Nov 11, 2022

Astral Limited Announces Change in Company Secretary and Compliance Officer

Astral Limited (BSE:532830) entered into an agreement to acquire additional 15% stake in Seal It Services Limited for £5.25 million

Insider recently sold ₹27m worth of stock

Astral Limited Announces Resignation of Krunal Bhatt, Company Secretary and Compliance Officer

Insider recently sold ₹2.0m worth of stock

Upcoming dividend of ₹1.75 per share

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Astral Limited Proposes Final Dividend for the Financial Year 2021-22, Payable on or After September 5, 2022

Astral Limited to Report Q1, 2023 Results on Aug 12, 2022

Astral Limited Launches Products of Sanitaryware and Faucets

Insider recently sold ₹12m worth of stock

Astral Limited Recommends Final Dividend for the Year Ended 31 March, 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Astral Limited to Report Q4, 2022 Results on May 27, 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Astral Limited to Report Q3, 2022 Results on Feb 04, 2022

Investor sentiment deteriorated over the past week

Price target increased to ₹2,035

Second quarter 2022 earnings released: EPS ₹7.03 (vs ₹4.31 in 2Q 2021)

Price target increased to ₹1,848

Insider recently sold ₹29m worth of stock

Upcoming dividend of ₹1.00 per share

Price target increased to ₹1,735

First quarter 2022 earnings released: EPS ₹3.68 (vs ₹0.99 in 1Q 2021)

Non-Executive Director Anil Jani has left the company

Insider recently sold ₹6.2m worth of stock

Full year 2021 earnings released

Price target increased to ₹1,468

Astral Limited Recommends Final Dividend for the Year Ended March 31, 2021

Company Secretary & Compliance Officer recently sold ₹22m worth of stock