Loyal Equipments Management

Management criteria checks 2/4

Loyal Equipments' CEO is Alkesh Patel, appointed in Jun 2015, has a tenure of 9.42 years. total yearly compensation is ₹7.70M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 20.59% of the company’s shares, worth ₹570.56M. The average tenure of the management team and the board of directors is 2.6 years and 9.4 years respectively.

Key information

Alkesh Patel

Chief executive officer

₹7.7m

Total compensation

CEO salary percentage	100.0%
CEO tenure	9.4yrs
CEO ownership	20.6%
Management average tenure	2.6yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alkesh Patel's remuneration changed compared to Loyal Equipments's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹94m
Jun 30 2024	n/a	n/a	₹98m
Mar 31 2024	₹8m	₹8m	₹71m
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 ($USD91.21K) is above average for companies of similar size in the Indian market ($USD42.64K).

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

CEO

Alkesh Patel (54 yo)

9.4yrs

Tenure

₹7,700,000

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
Alkesh Patel	MD & Chairman	9.4yrs	₹7.70m	20.59% ₹ 570.6m
Amitkumar Patel	CFO and Head of Finance & Accounts	9.5yrs	₹1.24m	no data
Neha Jangid	Company Secretary & Compliance Officer	2.6yrs	₹311.00k	no data
Helena Patel	Whole-Time Director	1.2yrs	₹200.00k	no data
Hemaben Patel	Additional Executive Director	no data	no data	0.00015% ₹ 4.2k

2.6yrs

Average Tenure

42yo

Average Age

Experienced Management: 539227's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alkesh Patel	MD & Chairman	17.6yrs	₹7.70m	20.59% ₹ 570.6m
Helena Patel	Whole-Time Director	3.3yrs	₹200.00k	no data
Hemaben Patel	Additional Executive Director	no data	no data	0.00015% ₹ 4.2k
Babubhai Patel	Non-Executive Independent Director	9.4yrs	₹10.00k	no data
Girishbhai Desai	Non-Executive Independent Director	9.4yrs	₹10.00k	no data
Kalpesh Joshi	Non-Executive Independent Director	9.4yrs	₹10.00k	no data

9.4yrs

Average Tenure

57yo

Average Age

Experienced Board: 539227's board of directors are considered experienced (9.4 years average tenure).

Loyal Equipments Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Loyal Equipments Limited Approves Re-Designation of Helena Alkeshkumar Patel as Whole-Time Director, Currently Designated as Non-Executive Director

Loyal Equipments Limited, Annual General Meeting, Sep 29, 2023

Loyal Equipments Limited, Annual General Meeting, Sep 30, 2022

Loyal Equipments Limited Announces Executive Changes

Insufficient new directors

Recent updates

Second quarter 2025 earnings released: EPS: ₹3.36 (vs ₹3.68 in 2Q 2024)

Loyal Equipments Limited to Report First Half, 2025 Results on Nov 12, 2024

Investor sentiment deteriorates as stock falls 15%

New minor risk - Share price stability

Insufficient new directors

Loyal Equipments Limited announced that it expects to receive INR 126.6 million in funding from Vicco Laboratories Private Limited, Innovest Ventures Private Limited and other investors

Loyal Equipments Limited announced that it expects to receive INR 126.6 million in funding from Vicco Laboratories Private Limited, Innovest Ventures Private Limited and other investors

Investor sentiment improves as stock rises 19%

First quarter 2025 earnings released: EPS: ₹0.58 (vs ₹2.04 loss in 1Q 2024)

Loyal Equipments Limited to Report Q1, 2025 Results on Aug 07, 2024

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 21%

Full year 2024 earnings released: EPS: ₹6.95 (vs ₹5.85 in FY 2023)

Loyal Equipments Limited to Report Q4, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 16%

New major risk - Financial position

Third quarter 2024 earnings released: EPS: ₹1.58 (vs ₹2.17 in 3Q 2023)

Loyal Equipments Limited to Report Q3, 2024 Results on Feb 14, 2024

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 27%

Second quarter 2024 earnings released: EPS: ₹3.68 (vs ₹1.80 in 2Q 2023)

Loyal Equipments Limited to Report Q2, 2024 Results on Oct 25, 2023

Loyal Equipments Limited Approves Re-Designation of Helena Alkeshkumar Patel as Whole-Time Director, Currently Designated as Non-Executive Director

Loyal Equipments Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: ₹2.04 loss per share (vs ₹1.56 loss in 1Q 2023)

Now 22% undervalued

Investor sentiment improves as stock rises 17%

Loyal Equipments Limited to Report Q1, 2024 Results on Aug 12, 2023

New major risk - Share price stability

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 47%

Full year 2023 earnings released: EPS: ₹5.85 (vs ₹5.02 loss in FY 2022)

Loyal Equipments Limited to Report Q4, 2023 Results on May 13, 2023

Third quarter 2023 earnings released: EPS: ₹2.17 (vs ₹0.95 loss in 3Q 2022)

Loyal Equipments Limited to Report Q3, 2023 Results on Jan 30, 2023

Second quarter 2023 earnings released: EPS: ₹1.80 (vs ₹1.00 loss in 2Q 2022)

Loyal Equipments Limited to Report Q2, 2023 Results on Nov 12, 2022

Loyal Equipments Limited, Annual General Meeting, Sep 30, 2022

First quarter 2023 earnings released: ₹1.56 loss per share (vs ₹1.35 loss in 1Q 2022)

Loyal Equipments Limited to Report Q4, 2022 Results on May 27, 2022

Loyal Equipments Limited Announces Executive Changes

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

Second quarter 2022 earnings released: ₹1.00 loss per share (vs ₹0.21 profit in 2Q 2021)

Insufficient new directors

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹0.82 (vs ₹2.82 in FY 2020)

Investor sentiment improved over the past week

New 90-day low: ₹28.00

Third quarter 2021 earnings released: EPS ₹0.18 (vs ₹2.25 in 3Q 2020)

Loyal Equipments Limited to Report Q3, 2021 Results on Feb 13, 2021

New 90-day low: ₹29.05

New 90-day high: ₹35.50

Loyal Equipments Limited Announces the Demise of Ramesh chandra Nathalal Patel, Chairman and Whole-Time Director

Loyal Equipments Limited, Annual General Meeting, Dec 26, 2020

Loyal Equipments Limited to Report Q2, 2021 Results on Nov 11, 2020

New 90-day low: ₹29.25

New 90-day low: ₹30.10

New 90-day low - ₹31.05

Loyal Equipments Limited to Report Q1, 2021 Results on Aug 14, 2020

Loyal Equipments Limited to Report Q4, 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age