Vikas Lifecare Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sundeep Dhawan

Chief executive officer

₹1.8m

Total compensation

CEO salary percentage	100.0%
CEO tenure	2.3yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sundeep Dhawan's remuneration changed compared to Vikas Lifecare's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-₹111m
Sep 30 2023	n/a	n/a	-₹11m
Jun 30 2023	n/a	n/a	-₹58m
Mar 31 2023	₹2m	₹2m	-₹153m
Dec 31 2022	n/a	n/a	₹346m
Sep 30 2022	n/a	n/a	₹309m
Jun 30 2022	n/a	n/a	₹310m
Mar 31 2022	₹6m	₹737k	₹287m

Compensation vs Market: Sundeep's total compensation ($USD21.56K) is below average for companies of similar size in the Indian market ($USD39.30K).

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

CEO

Sundeep Dhawan (65 yo)

2.3yrs

Tenure

₹1,800,000

Compensation

Dr. Sundeep Kumar Dhawan, M.Sc. Chemistry (Physical), Ph.D. and Zu-Satz Studium (Electroanalytical Chemistry) is Managing Director and Director of Vikas Lifecare Limited from February 16, 2022. Dr. Dhawan...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sundeep Dhawan	MD & Director	no data	₹1.80m	no data
Chandan Kumar	CFO & Executive Director	less than a year	₹840.00k	no data
Parul Rai	Company Secretary & Compliance Officer	2.3yrs	₹397.98k	no data
Vijay Sharma	Whole Time Director	less than a year	₹1.32m	no data
Kamal Ghildiyal	Chief Operating Officer	less than a year	no data	no data

0.7yrs

Average Tenure

Experienced Management: 542655's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Sundeep Dhawan	MD & Director	2.3yrs	₹1.80m	no data
Chandan Kumar	CFO & Executive Director	1.7yrs	₹840.00k	no data
Vijay Sharma	Whole Time Director	4.3yrs	₹1.32m	no data
Sunil Alagh	Chairman of Advisory Board	3.7yrs	no data	no data
Richa Sharma	Independent Director	4.3yrs	no data	no data
Anil Deswal	Independent Non-executive Director	2.7yrs	no data	no data
Suresh Menon	Additional Non-Executive Independent Director	less than a year	no data	no data

2.7yrs

Average Tenure

65yo

Average Age

Experienced Board: 542655's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Vikas Lifecare Management

Management criteria checks 2/4

Key information

Recent management updates

Vikas Lifecare Limited Announces CEO Changes

Less than half of directors are independent

Vikas Lifecare Limited Announces Resignation of Ruby Bansal as Non-Executive Independent Director

Vikas Lifecare Limited, Annual General Meeting, Sep 27, 2023

Vikas Lifecare Limited Announces Appointment of Chandan Kumar as Director (Finance) Cum Chief Financial Officer

Vikas Lifecare Limited Announces Appointment of Mr. Balwant Kumar Bhushan as an Additional Director

Recent updates

Vikas Lifecare Limited announced that it has received INR 242.5 million in funding from Sylph Technologies Limited, Srestha Finvest Limited

Third quarter 2024 earnings released: ₹0.03 loss per share (vs ₹0.05 profit in 3Q 2023)

Vikas Lifecare Limited to Report Q3, 2024 Results on Feb 13, 2024

Vikas Lifecare Limited Announces CEO Changes

Less than half of directors are independent

Vikas Lifecare Limited Announces Resignation of Ruby Bansal as Non-Executive Independent Director

Second quarter 2024 earnings released: EPS: ₹0.06 (vs ₹0.018 in 2Q 2023)

Vikas Lifecare Limited to Report Q2, 2024 Results on Oct 17, 2023

New minor risk - Share price stability

Vikas Lifecare Limited (NSEI:VIKASLIFE) acquired 98% stake in MSR Apparels Private Limited for INR 125 million.

First quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.022 in 1Q 2023)

Vikas Lifecare Limited, Annual General Meeting, Sep 27, 2023

Vikas Lifecare Limited to Report Q1, 2024 Results on Aug 12, 2023

Vikas Lifecare Limited Announces Appointment of Chandan Kumar as Director (Finance) Cum Chief Financial Officer

Full year 2023 earnings released: ₹0.11 loss per share (vs ₹0.31 profit in FY 2022)

Third quarter 2023 earnings released: EPS: ₹0.05 (vs ₹0.03 in 3Q 2022)

Vikas Lifecare Limited Announces Appointment of Mr. Balwant Kumar Bhushan as an Additional Director

Vikas Lifecare Limited to Report Q3, 2023 Results on Jan 25, 2023

Investor sentiment deteriorated over the past week

High number of new and inexperienced directors

Second quarter 2023 earnings released: EPS: ₹0.018 (vs ₹0.029 in 2Q 2022)

Vikas Lifecare Limited to Report Q2, 2023 Results on Oct 21, 2022

Vikas Lifecare Limited (BSE:542655) acquired 30% stake in Ardh Sainik Canteen Limited from its existing stakeholders for INR 150 million.

Investor sentiment improved over the past week

Vikas Lifecare Limited Approves Appointment of Mr. Chandan Kumar as A Director of Company

Vikas Lifecare Limited, Annual General Meeting, Sep 29, 2022

Vikas Lifecare Limited has completed a Follow-on Equity Offering in the amount of INR 499.999997 million.

First quarter 2023 earnings released: EPS: ₹0.23 (vs ₹0.004 in 1Q 2022)

Vikas Lifecare Limited Announces Addition of 'Almonds and Walnuts' to Company's Agro-Products Division Offerings

Vikas Lifecare Limited has completed a Follow-on Equity Offering in the amount of INR 500 million.

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹0.31 (vs ₹0.053 loss in FY 2021)

Vikas Lifecare Limited to Report Q4, 2022 Results on May 28, 2022

High number of new and inexperienced directors

Vikas Lifecare Limited (BSE:542655) agreed to acquire a 75% stake in Genesis Gas Solutions Private Limited for CAD 250 million.

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

Second quarter 2022 earnings released

Independent Director Meena Bansal has left the company

Chief Financial Officer Chandan Bhardwaj has left the company

Independent & Non-Executive Director Pankaj Gupta has left the company

Independent & Non-Executive Director Pankaj Gupta has left the company

Non-Executive Director recently sold ₹20m worth of stock

Non-Executive Director recently sold ₹67m worth of stock

Vikas Lifecare Limited (BSE:542655) agreed to acquire Hydrolina Biotec Private Limited.

Vikas Multicorp Limited (BSE:542655) completed the acquisition of an unknown stake in Advik Laboratories Limited (BSE:531686) from Advik's promoters.

Full year 2021 earnings released: ₹0.05 loss per share (vs ₹0.021 profit in FY 2020)

Vikas Lifecare Limited has completed a Follow-on Equity Offering in the amount of INR 490.986666 million.

Company Secretary has left the company

New 90-day low: ₹3.27

Insider recently sold ₹31m worth of stock

New 90-day low: ₹4.96

Vikas Multicorp Limited (BSE:542655) agreed to acquire an unknown stake in Advik Laboratories Limited (BSE:531686) from Advik's promoters.

Vikas Multicorp Limited to Report Q3, 2021 Results on Jan 12, 2021

New 90-day low: ₹6.61

Insider recently sold ₹25m worth of stock

Insider recently sold ₹54m worth of stock

Insider recently sold ₹44m worth of stock

First half earnings released

New 90-day low: ₹6.75

Vikas Multicorp Limited to Report Q2, 2021 Results on Oct 23, 2020

Insider recently sold ₹28m worth of stock

Vikas Multicorp Limited to Report Q1, 2021 Results on Aug 01, 2020

New 90-day high - ₹15.91

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure