Bright Solar Management

Management criteria checks 3/4

Bright Solar's CEO is Piyushkumar Thumar, appointed in Jan 2018, has a tenure of 14.75 years. directly owns 0.036% of the company’s shares, worth ₹35.10K. The average tenure of the management team and the board of directors is 4 years and 7 years respectively.

Key information

Piyushkumar Thumar

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7yrs
CEO ownership0.04%
Management average tenure4yrs
Board average tenure7yrs

Recent management updates

Recent updates

Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)

Jun 21
Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)

Would Bright Solar Limited (NSE:BRIGHT) Be Valuable To Income Investors?

Mar 16
Would Bright Solar Limited (NSE:BRIGHT) Be Valuable To Income Investors?

Have Insiders Sold Bright Solar Limited (NSE:BRIGHT) Shares Recently?

Jan 22
Have Insiders Sold Bright Solar Limited (NSE:BRIGHT) Shares Recently?

This Insider Has Just Sold Shares In Bright Solar Limited (NSE:BRIGHT)

Jan 07
This Insider Has Just Sold Shares In Bright Solar Limited (NSE:BRIGHT)

CEO Compensation Analysis

How has Piyushkumar Thumar's remuneration changed compared to Bright Solar's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-₹60m

Dec 31 2023n/an/a

-₹47m

Sep 30 2023n/an/a

-₹33m

Jun 30 2023n/an/a

-₹16m

Mar 31 2023n/an/a

₹539k

Dec 31 2022n/an/a

-₹21m

Sep 30 2022n/an/a

-₹43m

Jun 30 2022n/an/a

-₹58m

Mar 31 2022n/an/a

-₹74m

Dec 31 2021n/an/a

-₹51m

Sep 30 2021n/an/a

-₹29m

Jun 30 2021n/an/a

-₹14m

Mar 31 2021n/an/a

₹2m

Dec 31 2020n/an/a

₹3m

Sep 30 2020n/an/a

₹5m

Jun 30 2020n/an/a

₹5m

Mar 31 2020₹3m₹3m

₹5m

Sep 30 2019n/an/a

₹13m

Jun 30 2019n/an/a

₹18m

Mar 31 2019₹5mn/a

₹23m

Mar 31 2018₹1mn/a

₹62m

Compensation vs Market: Insufficient data to establish whether Piyushkumar's total compensation is reasonable compared to companies of similar size in the Indian market.

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


CEO

Piyushkumar Thumar (44 yo)

7yrs

Tenure

₹3,450,000

Compensation

Mr. Piyushkumar Babubhai Thumar has been the Chairman and Managing Director of Bright Solar Ltd since January 25, 2018 and has been its Executive & Non Independent Director since April 23, 2010. Mr. Thumar...


Leadership Team

NamePositionTenureCompensationOwnership
Parth Jethva
Chief Financial Officer2yrs₹444.00kno data
Piyushkumar Thumar
Chairman & MD7yrs₹3.45m0.036%
₹ 35.1k
Pradeep Kushwaha
Senior Marketing Executive4yrsno datano data
Anila Patel
Senior HR Executiveno datano datano data
Vishal Modasariya
Head of Serviceno datano datano data
Subhakanta Sahoo
Project Head4yrsno datano data
Ajay Singh
Whole-Time Executive Directorno datano datano data
Shivam Sarvaiya
Senior Executive of Accountsno datano datano data

4.0yrs

Average Tenure

Experienced Management: BRIGHT's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Piyushkumar Thumar
Chairman & MD14.8yrs₹3.45m0.036%
₹ 35.1k
Ajay Singh
Whole-Time Executive Director4.3yrsno datano data
Jagrutiben Joshi
Non-Executive & Non-Independent Director7yrs₹100.00kno data

7.0yrs

Average Tenure

44yo

Average Age

Experienced Board: BRIGHT's board of directors are considered experienced (7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 22:21
End of Day Share Price 2025/01/06 00:00
Earnings2024/03/31
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Bright Solar Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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