Walchandnagar Industries Management
Management criteria checks 4/4
Walchandnagar Industries' CEO is Chirag Doshi, appointed in Apr 2020, has a tenure of 4.33 years. total yearly compensation is ₹12.67M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth ₹6.52M. The average tenure of the management team and the board of directors is 4.8 years and 5 years respectively.
Key information
Chirag Doshi
Chief executive officer
₹12.7m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 4.8yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Here's Why Shareholders Will Not Be Complaining About Walchandnagar Industries Limited's (NSE:WALCHANNAG) CEO Pay Packet
Aug 08
Walchandnagar Industries Limited's (NSE:WALCHANNAG) 63% Price Boost Is Out Of Tune With Revenues
Jul 12Is Walchandnagar Industries (NSE:WALCHANNAG) Using Too Much Debt?
Jul 04Walchandnagar Industries Limited's (NSE:WALCHANNAG) Share Price Could Signal Some Risk
May 07A Look At The Fair Value Of Walchandnagar Industries Limited (NSE:WALCHANNAG)
Mar 14Subdued Growth No Barrier To Walchandnagar Industries Limited's (NSE:WALCHANNAG) Price
Feb 01Calculating The Fair Value Of Walchandnagar Industries Limited (NSE:WALCHANNAG)
Oct 12These 4 Measures Indicate That Walchandnagar Industries (NSE:WALCHANNAG) Is Using Debt Extensively
Jan 12What Do The Returns At Walchandnagar Industries (NSE:WALCHANNAG) Mean Going Forward?
Nov 19
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -₹321m |
| Mar 31 2024 | ₹13m | ₹13m | -₹418m |
| Dec 31 2023 | n/a | n/a | ₹182m |
| Sep 30 2023 | n/a | n/a | ₹314m |
| Jun 30 2023 | n/a | n/a | ₹244m |
| Mar 31 2023 | ₹14m | ₹14m | ₹196m |
| Dec 31 2022 | n/a | n/a | -₹436m |
| Sep 30 2022 | n/a | n/a | -₹483m |
| Jun 30 2022 | n/a | n/a | -₹323m |
| Mar 31 2022 | ₹13m | ₹13m | -₹381m |
| Dec 31 2021 | n/a | n/a | -₹468m |
| Sep 30 2021 | n/a | n/a | -₹443m |
| Jun 30 2021 | n/a | n/a | -₹567m |
| Mar 31 2021 | ₹14m | ₹9m | -₹572m |
| Dec 31 2020 | n/a | n/a | -₹639m |
| Sep 30 2020 | n/a | n/a | -₹801m |
| Jun 30 2020 | n/a | n/a | -₹675m |
| Mar 31 2020 | ₹12m | ₹8m | -₹655m |
| Dec 31 2019 | n/a | n/a | -₹497m |
| Sep 30 2019 | n/a | n/a | -₹238m |
| Jun 30 2019 | n/a | n/a | -₹227m |
| Mar 31 2019 | ₹12m | ₹7m | -₹21m |
| Dec 31 2018 | n/a | n/a | ₹63m |
| Sep 30 2018 | n/a | n/a | -₹22m |
| Jun 30 2018 | n/a | n/a | -₹173m |
| Mar 31 2018 | ₹9m | ₹7m | -₹258m |
Compensation vs Market: Chirag's total compensation ($USD150.95K) is about average for companies of similar size in the Indian market ($USD184.63K).
Compensation vs Earnings: Chirag's compensation has been consistent with company performance over the past year.
CEO
Chirag Doshi (50 yo)
4.3yrs
Tenure
₹12,666,000
Compensation
Mr. Chirag Chakor Doshi has been the Chief Executive Officer of Walchandnagar Industries Limited since April 1, 2020. Mr. Doshi has been the Managing Director of Bombay Cycle & Motor Agency Ltd. since Febr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 4.3yrs | ₹12.67m | 0.031% ₹ 6.5m | |
| Chief Financial Officer | 5.3yrs | ₹9.35m | no data | |
| VP of Legal & Taxation | 15.6yrs | ₹5.73m | no data | |
| President of Manufacturing Technology | no data | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Chief Internal Auditor | no data | no data | no data | |
| President of Organization Development | less than a year | no data | no data |
4.8yrs
Average Tenure
61yo
Average Age
Experienced Management: WALCHANNAG's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 16.8yrs | ₹12.67m | 0.031% ₹ 6.5m | |
| VP of Legal & Taxation | 2yrs | ₹5.73m | no data | |
| Chairman | 45.3yrs | ₹900.00k | 0.12% ₹ 25.4m | |
| Additional Non-Executive Independent Director | less than a year | no data | no data | |
| Independent & Non Executive Director | 13.7yrs | ₹800.00k | no data | |
| Independent Non Executive Director | 5yrs | ₹550.00k | no data | |
| Independent Director | 2.3yrs | ₹700.00k | no data |
5.0yrs
Average Tenure
68yo
Average Age
Experienced Board: WALCHANNAG's board of directors are considered experienced (5 years average tenure).