Silkflex Polymers (India) Limited

NSEI:SILKFLEX Stock Report

Market Cap: ₹935.5m

Silkflex Polymers (India) Management

Management criteria checks 1/4

Silkflex Polymers (India)'s CEO is Tushar Lalit Sanghavi, appointed in Dec 2023, has a tenure of less than a year. directly owns 65.27% of the company’s shares, worth ₹610.58M. The average tenure of the management team and the board of directors is 0.9 years and 2 years respectively.

Key information

Tushar Lalit Sanghavi

Chief executive officer

₹4.5m

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership65.3%
Management average tenureless than a year
Board average tenure2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tushar Lalit Sanghavi's remuneration changed compared to Silkflex Polymers (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹54m

Jun 30 2024n/an/a

₹46m

Mar 31 2024₹5mn/a

₹39m

Mar 31 2023₹4m₹4m

₹8m

Mar 31 2022₹3m₹3m

₹7m

Mar 31 2021₹2mn/a

₹5m

Compensation vs Market: Tushar Lalit's total compensation ($USD53.37K) is about average for companies of similar size in the Indian market ($USD42.81K).

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


CEO

Tushar Lalit Sanghavi (58 yo)

less than a year

Tenure

₹4,500,000

Compensation

Mr. Tushar Lalit Kumar Sanghavi has been the Chairman and Managing Director of Silkflex Polymers (India) Limited since December 23, 2023 and has been its Director since May 13, 2016. He has been instrument...


Leadership Team

NamePositionTenureCompensationOwnership
Tushar Lalit Sanghavi
Chairman & MDless than a year₹4.50m65.27%
₹ 610.6m
Urmi Mehta
CFO & Whole Time Directorless than a year₹600.00k0.42%
₹ 3.9m
Nikita Jaiswal
Company Secretary & Compliance Officerless than a yearno datano data

0.9yrs

Average Tenure

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


Board Members

NamePositionTenureCompensationOwnership
Tushar Lalit Sanghavi
Chairman & MD8.5yrs₹4.50m65.27%
₹ 610.6m
Urmi Mehta
CFO & Whole Time Director3.9yrs₹600.00k0.42%
₹ 3.9m
Atanu Bhuniya
Non-Executive Non-Independent Director1.5yrs₹1.80m0.00086%
₹ 8.0k
Rajendrakumar Shah
Non-Executive Non-Independent Director2.5yrs₹1.20m0.11%
₹ 1.0m
Hardikkumar Patel
Non-Executive Independent Directorless than a yearno datano data
Sugoto Ghosh
Non-Executive Independent Directorless than a yearno datano data

2.0yrs

Average Tenure

47yo

Average Age

Experienced Board: SILKFLEX's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.