Ice Make Refrigeration Management
Management criteria checks 4/4
Ice Make Refrigeration's CEO is Chandrakant Patel, appointed in Sep 2017, has a tenure of 6.67 years. total yearly compensation is ₹2.70M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 25.69% of the company’s shares, worth ₹2.29B. The average tenure of the management team and the board of directors is 6.7 years and 10.9 years respectively.
Key information
Chandrakant Patel
Chief executive officer
₹2.7m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.7yrs |
| CEO ownership | 25.7% |
| Management average tenure | 6.7yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Might Deserve Your Attention Today
Mar 23
Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Of Questionable Quality
Nov 16Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Is Well Worth Watching
Oct 06Ice Make Refrigeration (NSE:ICEMAKE) Is Achieving High Returns On Its Capital
Jul 19Does Ice Make Refrigeration (NSE:ICEMAKE) Deserve A Spot On Your Watchlist?
Dec 23Ice Make Refrigeration (NSE:ICEMAKE) Is Paying Out A Dividend Of ₹1.20
Aug 27Ice Make Refrigeration's (NSE:ICEMAKE) Dividend Will Be ₹1.20
Jul 28A Look At The Fair Value Of Ice Make Refrigeration Limited (NSE:ICEMAKE)
Feb 24These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively
Jan 27Ice Make Refrigeration (NSE:ICEMAKE) Has Announced A Dividend Of ₹1.20
Sep 03Read This Before Buying Ice Make Refrigeration Limited (NSE:ICEMAKE) For Its Dividend
May 03Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?
Mar 16Does The Market Have A Low Tolerance For Ice Make Refrigeration Limited's (NSE:ICEMAKE) Mixed Fundamentals?
Feb 15Is Ice Make Refrigeration Limited (NSE:ICEMAKE) A Smart Pick For Income Investors?
Jan 20These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively
Dec 16
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹206m |
| Sep 30 2023 | n/a | n/a | ₹229m |
| Jun 30 2023 | n/a | n/a | ₹231m |
| Mar 31 2023 | ₹3m | ₹3m | ₹208m |
| Dec 31 2022 | n/a | n/a | ₹177m |
| Sep 30 2022 | n/a | n/a | ₹145m |
| Jun 30 2022 | n/a | n/a | ₹112m |
| Mar 31 2022 | ₹3m | ₹3m | ₹73m |
| Dec 31 2021 | n/a | n/a | ₹48m |
| Sep 30 2021 | n/a | n/a | ₹37m |
| Jun 30 2021 | n/a | n/a | ₹25m |
| Mar 31 2021 | ₹2m | ₹2m | ₹36m |
| Dec 31 2020 | n/a | n/a | ₹48m |
| Sep 30 2020 | n/a | n/a | ₹56m |
| Jun 30 2020 | n/a | n/a | ₹57m |
| Mar 31 2020 | ₹3m | ₹3m | ₹51m |
| Dec 31 2019 | n/a | n/a | ₹39m |
| Sep 30 2019 | n/a | n/a | ₹55m |
| Jun 30 2019 | n/a | n/a | ₹65m |
| Mar 31 2019 | ₹3m | ₹3m | ₹75m |
| Jun 30 2018 | n/a | n/a | ₹65m |
| Mar 31 2018 | ₹3m | ₹3m | ₹66m |
Compensation vs Market: Chandrakant's total compensation ($USD32.34K) is about average for companies of similar size in the Indian market ($USD39.52K).
Compensation vs Earnings: Chandrakant's compensation has been consistent with company performance over the past year.
CEO
Chandrakant Patel (55 yo)
6.7yrs
Tenure
₹2,700,000
Compensation
Mr. Chandrakant Popatbhai Patel serves as the Chairman & Managing Director of Ice Make Refrigeration Ltd. Mr. Patel is a Co-Founder and Promoter Directors of Ice Make Refrigeration Ltd. Mr. Patel serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 6.7yrs | ₹2.70m | 25.69% ₹ 2.3b | |
| Joint MD & Director | 6.7yrs | ₹2.70m | 23.47% ₹ 2.1b | |
| Joint MD & Director | 6.7yrs | ₹2.70m | 24.27% ₹ 2.2b | |
| Chief Financial Officer | 6.7yrs | no data | no data | |
| Company Secretary & Compliance Officer | 5.2yrs | no data | no data | |
| HR Head | no data | no data | no data | |
| QA & QC Head | no data | no data | no data |
6.7yrs
Average Tenure
48yo
Average Age
Experienced Management: ICEMAKE's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 15.2yrs | ₹2.70m | 25.69% ₹ 2.3b | |
| Joint MD & Director | 15.2yrs | ₹2.70m | 23.47% ₹ 2.1b | |
| Joint MD & Director | 15.2yrs | ₹2.70m | 24.27% ₹ 2.2b | |
| Non-Executive Independent Director | 6.7yrs | ₹126.00k | no data | |
| Non-Executive Independent Director | 6.7yrs | ₹126.00k | no data | |
| Non-Executive Independent Director | 6.7yrs | no data | 0.013% ₹ 1.1m |
10.9yrs
Average Tenure
60yo
Average Age
Experienced Board: ICEMAKE's board of directors are seasoned and experienced ( 10.9 years average tenure).