APAR Industries Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Kushal Desai
Chief executive officer
₹137.4m
Total compensation
| CEO salary percentage | 15.4% |
| CEO tenure | 25.8yrs |
| CEO ownership | 23.0% |
| Management average tenure | 6.3yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
We Think APAR Industries (NSE:APARINDS) Can Stay On Top Of Its Debt
Dec 17
APAR Industries Limited's (NSE:APARINDS) Share Price Could Signal Some Risk
Nov 21Capital Investments At APAR Industries (NSE:APARINDS) Point To A Promising Future
Sep 08Subdued Growth No Barrier To APAR Industries Limited's (NSE:APARINDS) Price
Aug 19Is APAR Industries (NSE:APARINDS) A Risky Investment?
Jun 29APAR Industries (NSE:APARINDS) Is Aiming To Keep Up Its Impressive Returns
May 22APAR Industries' (NSE:APARINDS) Earnings Are Weaker Than They Seem
May 22Getting In Cheap On APAR Industries Limited (NSE:APARINDS) Is Unlikely
Apr 24APAR Industries Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Feb 02Some Shareholders Feeling Restless Over APAR Industries Limited's (NSE:APARINDS) P/E Ratio
Jan 09Should You Be Adding APAR Industries (NSE:APARINDS) To Your Watchlist Today?
Nov 17Why We Like The Returns At APAR Industries (NSE:APARINDS)
Oct 30Does APAR Industries (NSE:APARINDS) Have A Healthy Balance Sheet?
Aug 21APAR Industries' (NSE:APARINDS) Upcoming Dividend Will Be Larger Than Last Year's
Jul 20Does Apar Industries (NSE:APARINDS) Deserve A Spot On Your Watchlist?
Jul 12Is Apar Industries (NSE:APARINDS) Using Too Much Debt?
May 11We Ran A Stock Scan For Earnings Growth And Apar Industries (NSE:APARINDS) Passed With Ease
Apr 01Analysts Just Shipped A Huge Upgrade To Their Apar Industries Limited (NSE:APARINDS) Estimates
Feb 03Why You Should Care About Apar Industries' (NSE:APARINDS) Strong Returns On Capital
Jan 30These 4 Measures Indicate That Apar Industries (NSE:APARINDS) Is Using Debt Reasonably Well
Jan 02Here's Why We Think Apar Industries (NSE:APARINDS) Might Deserve Your Attention Today
Dec 07Apar Industries (NSE:APARINDS) Is Aiming To Keep Up Its Impressive Returns
Oct 06With EPS Growth And More, Apar Industries (NSE:APARINDS) Makes An Interesting Case
Aug 25Apar Industries (NSE:APARINDS) Is Increasing Its Dividend To ₹15.00
Jul 17Is There An Opportunity With Apar Industries Limited's (NSE:APARINDS) 49% Undervaluation?
May 28Broker Revenue Forecasts For Apar Industries Limited (NSE:APARINDS) Are Surging Higher
Apr 09Here's Why Apar Industries (NSE:APARINDS) Can Manage Its Debt Responsibly
Jan 31Be Wary Of Apar Industries (NSE:APARINDS) And Its Returns On Capital
Oct 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹9b |
| Jun 30 2024 | n/a | n/a | ₹8b |
| Mar 31 2024 | ₹137m | ₹21m | ₹8b |
| Dec 31 2023 | n/a | n/a | ₹8b |
| Sep 30 2023 | n/a | n/a | ₹8b |
| Jun 30 2023 | n/a | n/a | ₹7b |
| Mar 31 2023 | ₹103m | ₹19m | ₹6b |
| Dec 31 2022 | n/a | n/a | ₹5b |
| Sep 30 2022 | n/a | n/a | ₹4b |
| Jun 30 2022 | n/a | n/a | ₹3b |
| Mar 31 2022 | ₹48m | ₹8m | ₹3b |
| Dec 31 2021 | n/a | n/a | ₹2b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹2b |
| Mar 31 2021 | ₹22m | ₹1k | ₹2b |
| Dec 31 2020 | n/a | n/a | ₹1b |
| Sep 30 2020 | n/a | n/a | ₹904m |
| Jun 30 2020 | n/a | n/a | ₹708m |
| Mar 31 2020 | ₹33m | ₹15m | ₹1b |
| Dec 31 2019 | n/a | n/a | ₹2b |
| Sep 30 2019 | n/a | n/a | ₹2b |
| Jun 30 2019 | n/a | n/a | ₹1b |
| Mar 31 2019 | ₹36m | ₹13m | ₹1b |
| Dec 31 2018 | n/a | n/a | ₹1b |
| Sep 30 2018 | n/a | n/a | ₹1b |
| Jun 30 2018 | n/a | n/a | ₹1b |
| Mar 31 2018 | ₹35m | ₹12m | ₹1b |
Compensation vs Market: Kushal's total compensation ($USD1.62M) is above average for companies of similar size in the Indian market ($USD574.30K).
Compensation vs Earnings: Kushal's compensation has increased by more than 20% in the past year.
CEO
Kushal Desai (57 yo)
25.8yrs
Tenure
₹137,407,121
Compensation
Mr. Kushal Narendra Desai has been Chairman of the Board of Apar Industries Limited since November 8, 2016 and serves as its Managing Director and Chief Executive Officer. He is the Co-owner of Desai Famil...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | ₹137.41m | 23.04% ₹ 92.7b | |
| MD & Director | 9.8yrs | ₹137.61m | 22.7% ₹ 91.3b | |
| Chief Financial Officer | 2.8yrs | no data | no data | |
| Vice President of HR & Administration | no data | no data | no data | |
| Compliance Officer & Company Secretary | 17.5yrs | no data | no data | |
| Deputy Manager of Sales & Marketing | no data | no data | no data | |
| President of Strategy & Projects | no data | ₹140.00k | no data | |
| CEO of Conductor & Telecommunications Businesses | less than a year | no data | no data |
6.3yrs
Average Tenure
55yo
Average Age
Experienced Management: APARINDS's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 25.8yrs | ₹137.41m | 23.04% ₹ 92.7b | |
| MD & Director | 31.6yrs | ₹137.61m | 22.7% ₹ 91.3b | |
| Additional Independent Non-Executive Director | 2.9yrs | ₹720.00k | no data | |
| Non-Executive & Independent Director | 7.7yrs | ₹832.50k | 0.010% ₹ 40.1m | |
| Non-Executive & Non Independent Director | 5.6yrs | ₹345.00k | 0.16% ₹ 658.9m | |
| Non-Executive & Independent Director | 1.2yrs | ₹175.00k | no data |
6.6yrs
Average Tenure
53yo
Average Age
Experienced Board: APARINDS's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:28 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
APAR Industries Limited is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Dhananjay Sinha | Emkay Global Financial Services Ltd. |
| Anuj Upadhyay | Emkay Global Financial Services Ltd. |