Praj Industries Limited

NSEI:PRAJIND Stock Report

Market Cap: ₹143.2b

Praj Industries Management

Management criteria checks 1/4

Praj Industries' CEO is Shishir Joshipura, appointed in Apr 2018, has a tenure of 6.58 years. total yearly compensation is ₹109.49M, comprised of 43.8% salary and 56.2% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth ₹38.96M. The average tenure of the management team and the board of directors is 0.9 years and 6.6 years respectively.

Key information

Shishir Joshipura

Chief executive officer

₹109.5m

Total compensation

CEO salary percentage43.8%
CEO tenure6.6yrs
CEO ownership0.03%
Management average tenureless than a year
Board average tenure6.6yrs

Recent management updates

We Think Praj Industries Limited's (NSE:PRAJIND) CEO Compensation Looks Fair

Jul 19
We Think Praj Industries Limited's (NSE:PRAJIND) CEO Compensation Looks Fair

Recent updates

Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

Nov 15
Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

Praj Industries Limited's (NSE:PRAJIND) Business Is Yet to Catch Up With Its Share Price

Sep 09
Praj Industries Limited's (NSE:PRAJIND) Business Is Yet to Catch Up With Its Share Price

Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

Aug 13
Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

We Think Praj Industries Limited's (NSE:PRAJIND) CEO Compensation Looks Fair

Jul 19
We Think Praj Industries Limited's (NSE:PRAJIND) CEO Compensation Looks Fair

Praj Industries' (NSE:PRAJIND) Upcoming Dividend Will Be Larger Than Last Year's

Jul 05
Praj Industries' (NSE:PRAJIND) Upcoming Dividend Will Be Larger Than Last Year's

Some Confidence Is Lacking In Praj Industries Limited's (NSE:PRAJIND) P/E

Jun 07
Some Confidence Is Lacking In Praj Industries Limited's (NSE:PRAJIND) P/E

Praj Industries' (NSE:PRAJIND) Profits May Not Reveal Underlying Issues

Jun 07
Praj Industries' (NSE:PRAJIND) Profits May Not Reveal Underlying Issues

Praj Industries (NSE:PRAJIND) Could Easily Take On More Debt

Mar 26
Praj Industries (NSE:PRAJIND) Could Easily Take On More Debt

Unpleasant Surprises Could Be In Store For Praj Industries Limited's (NSE:PRAJIND) Shares

Feb 20
Unpleasant Surprises Could Be In Store For Praj Industries Limited's (NSE:PRAJIND) Shares

Praj Industries Limited Recorded A 19% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 05
Praj Industries Limited Recorded A 19% Miss On Revenue: Analysts Are Revisiting Their Models

Why The 27% Return On Capital At Praj Industries (NSE:PRAJIND) Should Have Your Attention

Dec 11
Why The 27% Return On Capital At Praj Industries (NSE:PRAJIND) Should Have Your Attention

Do Praj Industries' (NSE:PRAJIND) Earnings Warrant Your Attention?

Nov 09
Do Praj Industries' (NSE:PRAJIND) Earnings Warrant Your Attention?

Returns On Capital Are A Standout For Praj Industries (NSE:PRAJIND)

Aug 22
Returns On Capital Are A Standout For Praj Industries (NSE:PRAJIND)

Praj Industries' (NSE:PRAJIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 09
Praj Industries' (NSE:PRAJIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Does Praj Industries (NSE:PRAJIND) Deserve A Spot On Your Watchlist?

Mar 16
Does Praj Industries (NSE:PRAJIND) Deserve A Spot On Your Watchlist?

The Trend Of High Returns At Praj Industries (NSE:PRAJIND) Has Us Very Interested

Dec 26
The Trend Of High Returns At Praj Industries (NSE:PRAJIND) Has Us Very Interested

Is Now An Opportune Moment To Examine Praj Industries Limited (NSE:PRAJIND)?

Nov 23
Is Now An Opportune Moment To Examine Praj Industries Limited (NSE:PRAJIND)?

Investors Shouldn't Overlook Praj Industries' (NSE:PRAJIND) Impressive Returns On Capital

Aug 30
Investors Shouldn't Overlook Praj Industries' (NSE:PRAJIND) Impressive Returns On Capital

News Flash: One Analyst Just Made A Substantial Upgrade To Their Praj Industries Limited (NSE:PRAJIND) Forecasts

Aug 07
News Flash: One Analyst Just Made A Substantial Upgrade To Their Praj Industries Limited (NSE:PRAJIND) Forecasts

Praj Industries (NSE:PRAJIND) Will Pay A Larger Dividend Than Last Year At ₹4.20

Jul 15
Praj Industries (NSE:PRAJIND) Will Pay A Larger Dividend Than Last Year At ₹4.20

When Should You Buy Praj Industries Limited (NSE:PRAJIND)?

Jul 08
When Should You Buy Praj Industries Limited (NSE:PRAJIND)?

Returns on Capital Paint A Bright Future For Praj Industries (NSE:PRAJIND)

May 05
Returns on Capital Paint A Bright Future For Praj Industries (NSE:PRAJIND)

Here's Why I Think Praj Industries (NSE:PRAJIND) Is An Interesting Stock

Apr 14
Here's Why I Think Praj Industries (NSE:PRAJIND) Is An Interesting Stock

Does Praj Industries (NSE:PRAJIND) Have A Healthy Balance Sheet?

Mar 03
Does Praj Industries (NSE:PRAJIND) Have A Healthy Balance Sheet?

At ₹402, Is Praj Industries Limited (NSE:PRAJIND) Worth Looking At Closely?

Jan 14
At ₹402, Is Praj Industries Limited (NSE:PRAJIND) Worth Looking At Closely?

I Ran A Stock Scan For Earnings Growth And Praj Industries (NSE:PRAJIND) Passed With Ease

Dec 29
I Ran A Stock Scan For Earnings Growth And Praj Industries (NSE:PRAJIND) Passed With Ease

We Think Praj Industries (NSE:PRAJIND) Can Manage Its Debt With Ease

Sep 11
We Think Praj Industries (NSE:PRAJIND) Can Manage Its Debt With Ease

We Take A Look At Whether Praj Industries Limited's (NSE:PRAJIND) CEO May Be Underpaid

Aug 04
We Take A Look At Whether Praj Industries Limited's (NSE:PRAJIND) CEO May Be Underpaid

The Praj Industries Limited (NSE:PRAJIND) Analyst Just Boosted Their Forecasts By A Substantial Amount

Jul 10
The Praj Industries Limited (NSE:PRAJIND) Analyst Just Boosted Their Forecasts By A Substantial Amount

CEO Compensation Analysis

How has Shishir Joshipura's remuneration changed compared to Praj Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹3b

Mar 31 2024₹109m₹48m

₹3b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹58m₹39m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹48m₹33m

₹2b

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹32m₹23m

₹810m

Dec 31 2020n/an/a

₹539m

Sep 30 2020n/an/a

₹464m

Jun 30 2020n/an/a

₹512m

Mar 31 2020₹31m₹26m

₹704m

Dec 31 2019n/an/a

₹789m

Sep 30 2019n/an/a

₹807m

Jun 30 2019n/an/a

₹735m

Mar 31 2019₹29m₹27m

₹682m

Compensation vs Market: Shishir's total compensation ($USD1.30M) is above average for companies of similar size in the Indian market ($USD481.65K).

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


CEO

Shishir Joshipura (62 yo)

6.6yrs

Tenure

₹109,487,000

Compensation

Mr. Shishir Joshipura, B.E. (Mech)., is Chief Executive Officer and Managing Director at Praj Industries Limited since April 02, 2018 and is its an Executive Director. He was Additional Director at Praj In...


Leadership Team

NamePositionTenureCompensationOwnership
Shishir Joshipura
CEO, MD & Executive Director6.6yrs₹109.49m0.027%
₹ 39.0m
Sachin Raole
CFO, Director of Resources & Executive Director8.3yrs₹45.07mno data
Anant Bavare
GM, Company Secretary & Compliance Officerless than a year₹856.00kno data
Dattatraya Nimbolkar
Chief Internal Auditor & Nodal Officerless than a year₹9.00mno data
Pramod Chaudhari
Executive Chairman39yrs₹47.57m21.05%
₹ 30.2b
Mallikarjun Navalgund
Presidentno data₹9.56m0.030%
₹ 42.9m
Pramod Kumbhar
Presidentno data₹9.68m0.051%
₹ 73.6m
Ghanashyam Deshpande
Presidentno data₹10.38m0.013%
₹ 18.7m
Sameer Kukade
Presidentno data₹8.09mno data
Prakash Ranjan
Group COHRless than a yearno datano data
S. Kumar
Executive Vice Presidentno data₹9.31mno data
Sanjay Kulkarni
Business Unit Head of Ethanolno data₹6.28mno data

0.9yrs

Average Tenure

59yo

Average Age

Experienced Management: PRAJIND's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Shishir Joshipura
CEO, MD & Executive Director6.6yrs₹109.49m0.027%
₹ 39.0m
Sachin Raole
CFO, Director of Resources & Executive Director7.8yrs₹45.07mno data
Pramod Chaudhari
Executive Chairman39yrs₹47.57m21.05%
₹ 30.2b
Shridhar Shukla
Non-Executive Independent Director6.6yrs₹1.25mno data
Parimal Chaudhari
Non-Executive Director17.4yrs₹117.80m7.83%
₹ 11.2b
Utkarsh Palnitkar
Non-Executive Independent Directorless than a yearno datano data
Rujuta Jagtap
Non-Executive Independent Director1.1yrs₹600.00kno data
Vinayak Deshpande
Non-Executive Independent Directorless than a yearno datano data

6.6yrs

Average Tenure

62yo

Average Age

Experienced Board: PRAJIND's board of directors are considered experienced (6.6 years average tenure).