Loyal Equipments Management
Management criteria checks 2/4
Loyal Equipments' CEO is Alkesh Patel, appointed in Jun 2015, has a tenure of 8.92 years. total yearly compensation is ₹6.00M, comprised of 99.6% salary and 0.4% bonuses, including company stock and options. directly owns 20.59% of the company’s shares, worth ₹355.63M. The average tenure of the management team and the board of directors is 5.5 years and 8.9 years respectively.
Key information
Alkesh Patel
Chief executive officer
₹6.0m
Total compensation
| CEO salary percentage | 99.6% |
| CEO tenure | 8.9yrs |
| CEO ownership | 20.6% |
| Management average tenure | 5.5yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹68m |
| Sep 30 2023 | n/a | n/a | ₹74m |
| Jun 30 2023 | n/a | n/a | ₹55m |
| Mar 31 2023 | ₹6m | ₹6m | ₹60m |
| Dec 31 2022 | n/a | n/a | ₹7m |
| Sep 30 2022 | n/a | n/a | -₹25m |
| Jun 30 2022 | n/a | n/a | -₹53m |
| Mar 31 2022 | ₹5m | ₹5m | -₹51m |
| Dec 31 2021 | n/a | n/a | -₹40m |
| Sep 30 2021 | n/a | n/a | -₹29m |
| Jun 30 2021 | n/a | n/a | -₹16m |
| Mar 31 2021 | ₹650k | ₹626k | ₹9m |
| Dec 31 2020 | n/a | n/a | ₹18m |
| Sep 30 2020 | n/a | n/a | ₹39m |
| Jun 30 2020 | n/a | n/a | ₹39m |
| Mar 31 2020 | ₹3m | ₹3m | ₹29m |
| Dec 31 2019 | n/a | n/a | ₹36m |
| Sep 30 2019 | n/a | n/a | ₹29m |
| Jun 30 2019 | n/a | n/a | ₹37m |
| Mar 31 2019 | ₹4m | ₹4m | ₹45m |
| Dec 31 2018 | n/a | n/a | ₹37m |
| Sep 30 2018 | n/a | n/a | ₹22m |
| Jun 30 2018 | n/a | n/a | ₹21m |
| Mar 31 2018 | ₹4m | ₹4m | ₹20m |
Compensation vs Market: Alkesh's total compensation ($USD71.88K) is above average for companies of similar size in the Indian market ($USD39.30K).
Compensation vs Earnings: Alkesh's compensation has increased by more than 20% in the past year.
CEO
Alkesh Patel (53 yo)
8.9yrs
Tenure
₹6,000,000
Compensation
Mr. Alkesh Rameshchandra Patel has been the Managing Director at Loyal Equipments Limited since June 13, 2015 and serves as its Chairman. Mr. Patel has experience in the equipments manufacturing sector. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 8.9yrs | ₹6.00m | 20.59% ₹ 355.6m | |
| CFO and Head of Finance & Accounts | 9yrs | ₹1.04m | no data | |
| Company Secretary & Compliance Officer | 2.1yrs | ₹265.00k | no data | |
| Whole Time Director | no data | ₹600.00k | 52.94% ₹ 914.5m | |
| Whole-Time Director | less than a year | ₹600.00k | no data |
5.5yrs
Average Tenure
47yo
Average Age
Experienced Management: 539227's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 17.1yrs | ₹6.00m | 20.59% ₹ 355.6m | |
| Whole Time Director | 17.1yrs | ₹600.00k | 52.94% ₹ 914.5m | |
| Whole-Time Director | 2.8yrs | ₹600.00k | no data | |
| Non-Executive Independent Director | 8.9yrs | ₹44.00k | no data | |
| Non-Executive Independent Director | 8.9yrs | ₹44.00k | no data | |
| Non-Executive Independent Director | 8.9yrs | ₹44.00k | no data |
8.9yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 539227's board of directors are considered experienced (8.9 years average tenure).