Balu Forge Industries Management
Management criteria checks 3/4
Balu Forge Industries' CEO is Jaspalsingh Chandock, appointed in Nov 2020, has a tenure of 4.08 years. total yearly compensation is ₹7.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 52.48% of the company’s shares, worth ₹44.34B. The average tenure of the management team and the board of directors is 1.5 years and 3.8 years respectively.
Key information
Jaspalsingh Chandock
Chief executive officer
₹7.2m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.1yrs |
| CEO ownership | 52.5% |
| Management average tenure | 1.5yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Subdued Growth No Barrier To Balu Forge Industries Limited (NSE:BALUFORGE) With Shares Advancing 29%
Sep 19
Optimistic Investors Push Balu Forge Industries Limited (NSE:BALUFORGE) Shares Up 36% But Growth Is Lacking
Aug 05Getting In Cheap On Balu Forge Industries Limited (NSE:BALUFORGE) Is Unlikely
Jun 21Balu Forge Industries' (NSE:BALUFORGE) Shareholders Should Assess Earnings With Caution
May 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹1b |
| Jun 30 2024 | n/a | n/a | ₹1b |
| Mar 31 2024 | ₹7m | ₹7m | ₹937m |
| Dec 31 2023 | n/a | n/a | ₹806m |
| Sep 30 2023 | n/a | n/a | ₹666m |
| Jun 30 2023 | n/a | n/a | ₹482m |
| Mar 31 2023 | ₹7m | ₹7m | ₹389m |
| Dec 31 2022 | n/a | n/a | ₹343m |
| Sep 30 2022 | n/a | n/a | ₹312m |
| Jun 30 2022 | n/a | n/a | ₹334m |
| Mar 31 2022 | ₹5m | ₹5m | ₹298m |
| Dec 31 2021 | n/a | n/a | ₹234m |
| Sep 30 2021 | n/a | n/a | ₹194m |
| Jun 30 2021 | n/a | n/a | ₹115m |
| Mar 31 2021 | ₹5m | ₹2m | ₹76m |
Compensation vs Market: Jaspalsingh's total compensation ($USD84.74K) is below average for companies of similar size in the Indian market ($USD352.86K).
Compensation vs Earnings: Jaspalsingh's compensation has been consistent with company performance over the past year.
CEO
Jaspalsingh Chandock (60 yo)
4.1yrs
Tenure
₹7,200,000
Compensation
Mr. Jaspalsingh Prehladsingh Chandock has been Chairman of the Board and Managing Director of Balu Forge Industries Limited (formerly known as Amaze Entertech Limited) since November 19, 2020. He is Direct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & MD | 4.1yrs | ₹7.20m | 52.48% ₹ 44.3b | |
| Chief Financial Officer | 1.6yrs | ₹1.58m | no data | |
| Company Secretary & Compliance Officer | 1.5yrs | ₹846.11k | no data | |
| Marketing Director & Whole-Time Director | no data | ₹1.80m | 1.08% ₹ 914.9m | |
| Whole-Time Director | no data | ₹1.80m | 1.14% ₹ 965.7m | |
| Chief Operating Officer | less than a year | no data | no data |
1.5yrs
Average Tenure
34yo
Average Age
Experienced Management: BALUFORGE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & MD | 4.1yrs | ₹7.20m | 52.48% ₹ 44.3b | |
| Marketing Director & Whole-Time Director | 4.1yrs | ₹1.80m | 1.08% ₹ 914.9m | |
| Whole-Time Director | 4.1yrs | ₹1.80m | 1.14% ₹ 965.7m | |
| Non-Executive Independent Woman Director | 3.5yrs | ₹300.00k | no data | |
| Non-Executive Independent Director | 3.5yrs | ₹300.00k | no data | |
| Non-Executive Independent Director | 3.5yrs | ₹320.00k | no data |
3.8yrs
Average Tenure
45yo
Average Age
Experienced Board: BALUFORGE's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:15 |
| End of Day Share Price | 2024/12/20 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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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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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
Balu Forge Industries Limited is covered by 1 analysts. 1 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 |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |