Somi Conveyor Beltings Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Om Bhansali

Chief executive officer

₹3.2m

Total compensation

CEO salary percentage	100.0%
CEO tenure	23.9yrs
CEO ownership	47.9%
Management average tenure	16.1yrs
Board average tenure	16.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Om Bhansali's remuneration changed compared to Somi Conveyor Beltings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹47m
Sep 30 2023	n/a	n/a	₹43m
Jun 30 2023	n/a	n/a	₹37m
Mar 31 2023	₹3m	₹3m	₹35m
Dec 31 2022	n/a	n/a	₹21m
Sep 30 2022	n/a	n/a	₹20m
Jun 30 2022	n/a	n/a	₹19m
Mar 31 2022	₹3m	₹3m	₹17m
Dec 31 2021	n/a	n/a	₹15m
Sep 30 2021	n/a	n/a	₹22m
Jun 30 2021	n/a	n/a	₹18m
Mar 31 2021	₹3m	₹3m	₹18m
Dec 31 2020	n/a	n/a	₹30m
Sep 30 2020	n/a	n/a	₹21m
Jun 30 2020	n/a	n/a	₹24m
Mar 31 2020	₹2m	₹2m	₹24m
Dec 31 2019	n/a	n/a	₹12m
Sep 30 2019	n/a	n/a	₹10m
Jun 30 2019	n/a	n/a	₹16m
Mar 31 2019	₹600k	₹600k	₹15m
Dec 31 2018	n/a	n/a	₹15m
Sep 30 2018	n/a	n/a	₹17m
Jun 30 2018	n/a	n/a	₹9m
Mar 31 2018	₹600k	₹600k	₹10m

Compensation vs Market: Om's total compensation ($USD38.84K) is about average for companies of similar size in the Indian market ($USD39.29K).

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

CEO

Om Bhansali (69 yo)

23.9yrs

Tenure

₹3,240,000

Compensation

Mr. Om Prakash Bhansali has been Managing Director since November 2005 at Somi Conveyor Beltings Limited and serves as its Chairman since November 08, 2023. He served as the Chairman until October 1, 2022...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Om Bhansali	Chairman & MD	no data	₹3.24m	47.91% ₹ 835.2m
Manish Bohra	Chief Financial Officer	9.3yrs	₹1.61m	no data
Amit Baxi	Compliance Officer & Company Secretary	17yrs	₹463.00k	no data
Vimal Bhansali	Whole Time Director	no data	₹2.58m	5.08% ₹ 88.6m
Gaurav Bhansali	Whole Time Director	no data	₹2.58m	4.9% ₹ 85.4m
Manish Sharma	Human Resources Manager	no data	₹120.00k	no data

16.1yrs

Average Tenure

47yo

Average Age

Experienced Management: 533001's management team is seasoned and experienced (16.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Om Bhansali	Chairman & MD	23.9yrs	₹3.24m	47.91% ₹ 835.2m
Vimal Bhansali	Whole Time Director	23.9yrs	₹2.58m	5.08% ₹ 88.6m
Gaurav Bhansali	Whole Time Director	23.9yrs	₹2.58m	4.9% ₹ 85.4m
Yogesh Maheshwari	Independent & Non-Executive Director	16.6yrs	₹21.00k	no data
Santosh Joshi	Non Executive Independent Director	3.3yrs	₹14.00k	no data
Payal Daga	Non-Executive Non-Independent Woman Director	1.7yrs	₹4.00k	no data
Saraswati Choudhary	Additional Non-Executive Independent Director	1.4yrs	₹3.00k	no data

16.6yrs

Average Tenure

46.5yo

Average Age

Experienced Board: 533001's board of directors are seasoned and experienced ( 16.6 years average tenure).

Somi Conveyor Beltings Management

Management criteria checks 4/4

Key information

Recent management updates

Somi Conveyor Beltings Limited Announces Chairman Changes

Somi Conveyor Beltings Limited, Annual General Meeting, Sep 30, 2023

Somi Conveyor Beltings Limited Appoints Saraswati Choudhary as Independent Director

Somi Conveyor Beltings Limited Appoints Payal Daga as Non-Executive Non-Independent Woman Director

Somi Conveyor Beltings Limited Announces Resignation of Surbhi Rathi as Independent Woman Director

Insufficient new directors

Recent updates

Investor sentiment improves as stock rises 16%

Now 21% overvalued after recent price rise

Now 21% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: ₹0.65 (vs ₹0.39 in 3Q 2023)

Somi Conveyor Beltings Limited to Report Q3, 2023 Results on Feb 12, 2024

Investor sentiment improves as stock rises 18%

Second quarter 2024 earnings released: EPS: ₹1.10 (vs ₹0.56 in 2Q 2023)

Somi Conveyor Beltings Limited Announces Chairman Changes

Somi Conveyor Beltings Limited to Report Q2, 2024 Results on Nov 08, 2023

Investor sentiment improves as stock rises 30%

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Somi Conveyor Beltings Limited, Annual General Meeting, Sep 30, 2023

Investor sentiment improves as stock rises 18%

First quarter 2024 earnings released: EPS: ₹0.52 (vs ₹0.31 in 1Q 2023)

Somi Conveyor Beltings Limited to Report Q1, 2024 Results on Aug 12, 2023

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 32%

Full year 2023 earnings released: EPS: ₹1.46 (vs ₹1.46 in FY 2022)

Somi Conveyor Beltings Limited to Report Q4, 2023 Results on May 30, 2023

Investor sentiment improves as stock rises 34%

Third quarter 2023 earnings released: EPS: ₹0.39 (vs ₹0.35 in 3Q 2022)

Somi Conveyor Beltings Limited to Report Q3, 2023 Results on Feb 14, 2023

Somi Conveyor Beltings Limited Appoints Saraswati Choudhary as Independent Director

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹0.56 (vs ₹0.46 in 2Q 2022)

Somi Conveyor Beltings Limited to Report Q2, 2023 Results on Nov 08, 2022

Somi Conveyor Beltings Limited Appoints Payal Daga as Non-Executive Non-Independent Woman Director

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: ₹0.31 (vs ₹0.14 in 1Q 2022)

Somi Conveyor Beltings Limited Announces Resignation of Surbhi Rathi as Independent Woman Director

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹1.46 (vs ₹1.50 in FY 2021)

Somi Conveyor Beltings Limited to Report Q4, 2022 Results on May 30, 2022

Insufficient new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Somi Conveyor Beltings Limited to Report Q3, 2022 Results on Feb 14, 2022

Insufficient new directors

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹0.14 (vs ₹0.15 in 1Q 2021)

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS ₹1.50 (vs ₹2.06 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Somi Conveyor Beltings Limited Appoints Santosh Kumar Joshi as Additional Director, with Effect from Feb. 22, 2021

Third quarter 2021 earnings released: EPS ₹0.92 (vs ₹0.19 in 3Q 2020)

Somi Conveyor Beltings Limited to Report Q3, 2021 Results on Feb 10, 2021

Investor sentiment improved over the past week

New 90-day high: ₹28.55

New 90-day high: ₹27.70

Market bids up stock over the past week

Somi Conveyor Beltings Limited Announces the Resignation of Sharad Gyanmal Nahita as Independent Director

New 90-day low: ₹19.95

First quarter earnings released

Full year earnings released - EPS ₹2.06

Somi Conveyor Beltings Limited to Report Q1, 2021 Results on Sep 15, 2020

New 90-day high - ₹20.76

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure