Greenlam Industries Limited

NSEI:GREENLAM Stock Report

Market Cap: ₹67.4b

Greenlam Industries Management

Management criteria checks 2/4

Greenlam Industries' CEO is Saurabh Mittal, appointed in Nov 2014, has a tenure of 9.5 years. total yearly compensation is ₹81.95M, comprised of 29.8% salary and 70.2% bonuses, including company stock and options. directly owns 9.13% of the company’s shares, worth ₹6.15B. The average tenure of the management team and the board of directors is 9.5 years and 4.3 years respectively.

Key information

Saurabh Mittal

Chief executive officer

₹81.9m

Total compensation

CEO salary percentage29.8%
CEO tenure9.5yrs
CEO ownership9.1%
Management average tenure9.5yrs
Board average tenure4.3yrs

Recent management updates

Shareholders May Be More Conservative With Greenlam Industries Limited's (NSE:GREENLAM) CEO Compensation For Now

Aug 05
Shareholders May Be More Conservative With Greenlam Industries Limited's (NSE:GREENLAM) CEO Compensation For Now

Recent updates

Is It Time To Consider Buying Greenlam Industries Limited (NSE:GREENLAM)?

May 07
Is It Time To Consider Buying Greenlam Industries Limited (NSE:GREENLAM)?

Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Mar 27
Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

Mar 12
Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

Earnings Miss: Greenlam Industries Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts

Feb 07
Earnings Miss: Greenlam Industries Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts

Getting In Cheap On Greenlam Industries Limited (NSE:GREENLAM) Might Be Difficult

Jan 17
Getting In Cheap On Greenlam Industries Limited (NSE:GREENLAM) Might Be Difficult

With EPS Growth And More, Greenlam Industries (NSE:GREENLAM) Makes An Interesting Case

Nov 21
With EPS Growth And More, Greenlam Industries (NSE:GREENLAM) Makes An Interesting Case

Greenlam Industries (NSE:GREENLAM) Will Want To Turn Around Its Return Trends

Sep 26
Greenlam Industries (NSE:GREENLAM) Will Want To Turn Around Its Return Trends

Greenlam Industries (NSE:GREENLAM) Is Paying Out A Larger Dividend Than Last Year

Jun 02
Greenlam Industries (NSE:GREENLAM) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

May 30
Here's Why We Think Greenlam Industries (NSE:GREENLAM) Might Deserve Your Attention Today

Is Greenlam Industries (NSE:GREENLAM) A Risky Investment?

Mar 29
Is Greenlam Industries (NSE:GREENLAM) A Risky Investment?

Is Now The Time To Look At Buying Greenlam Industries Limited (NSE:GREENLAM)?

Oct 07
Is Now The Time To Look At Buying Greenlam Industries Limited (NSE:GREENLAM)?

Greenlam Industries (NSE:GREENLAM) Has A Pretty Healthy Balance Sheet

Jun 23
Greenlam Industries (NSE:GREENLAM) Has A Pretty Healthy Balance Sheet

Does Greenlam Industries (NSE:GREENLAM) Deserve A Spot On Your Watchlist?

Jun 02
Does Greenlam Industries (NSE:GREENLAM) Deserve A Spot On Your Watchlist?

Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Dec 10
Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Why You Should Care About Greenlam Industries' (NSE:GREENLAM) Strong Returns On Capital

Nov 11
Why You Should Care About Greenlam Industries' (NSE:GREENLAM) Strong Returns On Capital

Shareholders May Be More Conservative With Greenlam Industries Limited's (NSE:GREENLAM) CEO Compensation For Now

Aug 05
Shareholders May Be More Conservative With Greenlam Industries Limited's (NSE:GREENLAM) CEO Compensation For Now

There May Be Reason For Hope In Greenlam Industries' (NSE:GREENLAM) Disappointing Earnings

Jun 02
There May Be Reason For Hope In Greenlam Industries' (NSE:GREENLAM) Disappointing Earnings

When Should You Buy Greenlam Industries Limited (NSE:GREENLAM)?

May 02
When Should You Buy Greenlam Industries Limited (NSE:GREENLAM)?

Should You Be Impressed By Greenlam Industries' (NSE:GREENLAM) Returns on Capital?

Mar 13
Should You Be Impressed By Greenlam Industries' (NSE:GREENLAM) Returns on Capital?

Is Greenlam Industries Limited's (NSE:GREENLAM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Feb 28
Is Greenlam Industries Limited's (NSE:GREENLAM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Did Greenlam Industries Limited (NSE:GREENLAM) Insiders Sell Shares?

Feb 16
Did Greenlam Industries Limited (NSE:GREENLAM) Insiders Sell Shares?

Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

Feb 04
Does Greenlam Industries (NSE:GREENLAM) Have A Healthy Balance Sheet?

How Does Greenlam Industries' (NSE:GREENLAM) CEO Pay Compare With Company Performance?

Jan 23
How Does Greenlam Industries' (NSE:GREENLAM) CEO Pay Compare With Company Performance?

Is Now An Opportune Moment To Examine Greenlam Industries Limited (NSE:GREENLAM)?

Jan 11
Is Now An Opportune Moment To Examine Greenlam Industries Limited (NSE:GREENLAM)?

Greenlam Industries (NSE:GREENLAM) Share Prices Have Dropped 38% In The Last Three Years

Dec 30
Greenlam Industries (NSE:GREENLAM) Share Prices Have Dropped 38% In The Last Three Years

What To Know Before Buying Greenlam Industries Limited (NSE:GREENLAM) For Its Dividend

Dec 18
What To Know Before Buying Greenlam Industries Limited (NSE:GREENLAM) For Its Dividend

The Returns At Greenlam Industries (NSE:GREENLAM) Provide Us With Signs Of What's To Come

Dec 06
The Returns At Greenlam Industries (NSE:GREENLAM) Provide Us With Signs Of What's To Come

Greenlam Industries Limited's (NSE:GREENLAM) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Nov 24
Greenlam Industries Limited's (NSE:GREENLAM) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Have Insiders Sold Greenlam Industries Limited (NSE:GREENLAM) Shares Recently?

Nov 12
Have Insiders Sold Greenlam Industries Limited (NSE:GREENLAM) Shares Recently?

CEO Compensation Analysis

How has Saurabh Mittal's remuneration changed compared to Greenlam Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹82m₹24m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹980m

Mar 31 2022₹60m₹24m

₹907m

Dec 31 2021n/an/a

₹961m

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹989m

Mar 31 2021₹41m₹18m

₹738m

Dec 31 2020n/an/a

₹645m

Sep 30 2020n/an/a

₹616m

Jun 30 2020n/an/a

₹706m

Mar 31 2020₹52m₹24m

₹867m

Dec 31 2019n/an/a

₹887m

Sep 30 2019n/an/a

₹794m

Jun 30 2019n/an/a

₹702m

Mar 31 2019₹50m₹24m

₹771m

Dec 31 2018n/an/a

₹712m

Sep 30 2018n/an/a

₹688m

Jun 30 2018n/an/a

₹665m

Mar 31 2018₹50m₹24m

₹646m

Compensation vs Market: Saurabh's total compensation ($USD981.33K) is above average for companies of similar size in the Indian market ($USD380.73K).

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


CEO

Saurabh Mittal (48 yo)

9.5yrs

Tenure

₹81,948,000

Compensation

Mr. Saurabh Mittal, B.Com has been Chief Executive Officer and Managing Director of Greenlam Industries Limited since November 2014. Mr. Mittal served as Chief Executive Officer and Joint Managing Director...


Leadership Team

NamePositionTenureCompensationOwnership
Saurabh Mittal
MD, CEO & Director9.5yrs₹81.95m9.13%
₹ 6.2b
Ashok Sharma
CFO & Chief Investor Relations Officer9.5yrs₹14.15mno data
Prashant Srivastava
Vice President of HRno data₹8.19mno data
Prakash Biswal
Company Secretary9.5yrs₹6.25mno data
Parul Mittal
Whole-Time Directorno data₹44.34m1.88%
₹ 1.3b
Pankaj Rishi
Chief Operating Officer of Middle East & North Africano data₹25.37mno data
Lokesh Dutt
Senior Vice President of Exportsno data₹8.05mno data
M. P. Prasad
Country Sales Head of Decorative Wood & Allied Vertical1.8yrs₹7.73mno data
Alex Joseph
Senior Vice President of Marketingno data₹7.18mno data
Banwari Sharma
Head of Manufacturing & President of Plant Operationsno data₹6.02mno data
Anuj Sangal
Country Sales Head of Greenlam Laminate & Allied Verticalno datano datano data
Sumeet Gupta
Country Sales Head of NewMika Laminate & Allied Vertical1.8yrsno datano data

9.5yrs

Average Tenure

53.5yo

Average Age

Experienced Management: GREENLAM's management team is seasoned and experienced (9.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Saurabh Mittal
MD, CEO & Director10.8yrs₹81.95m9.13%
₹ 6.2b
Parul Mittal
Whole-Time Director9.5yrs₹44.34m1.88%
₹ 1.3b
Sandip Das
Independent Non-Executive Director4.9yrs₹2.87m0.012%
₹ 7.9m
Jalaj Dani
Additional Non-Executive Non Independent Directorless than a yearno datano data
Shiv Mittal
Non-Executive Chairman10.8yrs₹2.42m1.98%
₹ 1.3b
Matangi Gowrishankar
Independent Woman Director3.8yrs₹2.64mno data
Rahul Chhabra
Independent Directorless than a yearno datano data
Yogesh Kapur
Independent Director2.8yrs₹2.71mno data

4.3yrs

Average Tenure

65yo

Average Age

Experienced Board: GREENLAM's board of directors are considered experienced (4.3 years average tenure).


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