Banswara Syntex Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Shaleen Toshniwal

Chief executive officer

₹29.1m

Total compensation

CEO salary percentage	32.4%
CEO tenure	20.5yrs
CEO ownership	12.5%
Management average tenure	7.2yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shaleen Toshniwal's remuneration changed compared to Banswara Syntex's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹559m
Sep 30 2023	n/a	n/a	₹772m
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹29m	₹9m	₹1b
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹850m
Jun 30 2022	n/a	n/a	₹609m
Mar 31 2022	₹13m	₹9m	₹456m
Dec 31 2021	n/a	n/a	₹437m
Sep 30 2021	n/a	n/a	₹436m
Jun 30 2021	n/a	n/a	₹329m
Mar 31 2021	₹5m	₹4m	₹145m
Dec 31 2020	n/a	n/a	₹3m
Sep 30 2020	n/a	n/a	₹88m
Jun 30 2020	n/a	n/a	₹268m
Mar 31 2020	₹11m	₹7m	₹533m
Dec 31 2019	n/a	n/a	₹652m
Sep 30 2019	n/a	n/a	₹437m
Jun 30 2019	n/a	n/a	₹349m
Mar 31 2019	₹10m	₹7m	₹244m
Mar 31 2018	₹10m	₹7m	₹84m

Compensation vs Market: Shaleen's total compensation ($USD348.84K) is above average for companies of similar size in the Indian market ($USD39.52K).

Compensation vs Earnings: Shaleen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Shaleen Toshniwal (46 yo)

20.5yrs

Tenure

₹29,058,000

Compensation

Mr. Shaleen Toshniwal serves as Joint Managing Director of Banswara Syntex Ltd. and has been its Whole Time Director since october 21, 2003.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rakesh Mehra	Chairman	38yrs	₹38.76m	0.035% ₹ 1.8m
Shaleen Toshniwal	Joint MD & Whole Time Director	no data	₹29.06m	12.51% ₹ 640.7m
Ravindra Toshniwal	MD & Whole Time Director	16.7yrs	₹29.47m	11.39% ₹ 583.2m
H. Kharwal	Compliance Officer & Company Secretary	7.2yrs	₹1.30m	no data
Kavita Gandhi	Chief Financial Officer	less than a year	no data	no data
Prashant Joshi	Senior Vice President of Fabrics	no data	₹5.20m	no data
Rahul Bhaduria	Head of Garments Business	no data	₹2.85m	no data
Kavita Soni	Senior Vice President of Corporate Social Responsibility	no data	₹5.04m	3.03% ₹ 155.4m
Pawan Mangal	Senior Vice President of Spinning	no data	no data	no data
Shailendra Pandey	Head of Fabrics Business	no data	no data	no data
S. Bhomiya	Senior Vice President	no data	no data	no data
Vireshwar Joshi	Head of Yarn Business	no data	no data	no data

7.2yrs

Average Tenure

56.5yo

Average Age

Experienced Management: 503722's management team is seasoned and experienced (7.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rakesh Mehra	Chairman	38yrs	₹38.76m	0.035% ₹ 1.8m
Shaleen Toshniwal	Joint MD & Whole Time Director	20.5yrs	₹29.06m	12.51% ₹ 640.7m
Ravindra Toshniwal	MD & Whole Time Director	11.9yrs	₹29.47m	11.39% ₹ 583.2m
Narendra Kumar Ambwani	Independent Director	less than a year	no data	no data
Jagdeesh Mehta	Non-Executive Independent Director	7.5yrs	₹600.00k	0.0012% ₹ 61.5k
Vaijayanti Pandit	Independent Non-Executive Director	9.4yrs	₹480.00k	no data
David Vlerick	Independent Director	4.2yrs	₹55.00k	no data

9.4yrs

Average Tenure

66yo

Average Age

Experienced Board: 503722's board of directors are considered experienced (9.4 years average tenure).

Banswara Syntex Management

Management criteria checks 2/4

Key information

Recent management updates

Banswara Syntex Limited Approves Appointment of Narendra Ambwani as Independent Director

MD & Whole Time Director recently sold ₹84m worth of stock

Banswara Syntex Limited, Annual General Meeting, Aug 05, 2023

Banswara Syntex Limited, Annual General Meeting, Aug 05, 2023

Banswara Syntex Limited Announces Resignation of Pankaj Prakash Gharat as Chief Financial Officer

Vice President of Business Development recently sold ₹5.7m worth of stock

Recent updates

Banswara Syntex Limited Approves Appointment of Narendra Ambwani as Independent Director

Third quarter 2024 earnings released: EPS: ₹2.44 (vs ₹8.67 in 3Q 2023)

Banswara Syntex Limited to Report Q3, 2024 Results on Jan 29, 2024

MD & Whole Time Director recently sold ₹84m worth of stock

Second quarter 2024 earnings released: EPS: ₹2.67 (vs ₹10.40 in 2Q 2023)

Banswara Syntex Limited to Report Q2, 2024 Results on Nov 06, 2023

Banswara Syntex Limited to Report Q1, 2024 Results on Aug 06, 2023

Banswara Syntex Limited, Annual General Meeting, Aug 05, 2023

Banswara Syntex Limited, Annual General Meeting, Aug 05, 2023

Banswara Syntex Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2023

Banswara Syntex Limited Announces Resignation of Pankaj Prakash Gharat as Chief Financial Officer

Banswara Syntex Limited to Report Q3, 2023 Results on Feb 13, 2023

Investor sentiment improved over the past week

Vice President of Business Development recently sold ₹5.7m worth of stock

Vice President of Business Development recently sold ₹5.0m worth of stock

Insufficient new directors

Investor sentiment improved over the past week

Banswara Syntex Limited to Report Q2, 2023 Results on Nov 11, 2022

Vice President of Business Development recently sold ₹2.9m worth of stock

Insider recently sold ₹1.0m worth of stock

Insider recently sold ₹1.6m worth of stock

Insider recently sold ₹4.8m worth of stock

Insider recently sold ₹1.6m worth of stock

Banswara Syntex Limited to Report Q1, 2023 Results on Jul 31, 2022

Upcoming dividend of ₹2.50 per share

Full year 2022 earnings released: EPS: ₹26.65 (vs ₹8.48 in FY 2021)

Banswara Syntex Limited, Annual General Meeting, Jul 30, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹26.65 (vs ₹8.48 in FY 2021)

Banswara Syntex Limited Approves Appointment of Pankaj Gharat as A Chief Financial Officer

Insufficient new directors

Banswara Syntex Limited to Report Fiscal Year 2022 Results on May 03, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Banswara Syntex Limited to Report Q3, 2022 Results on Feb 03, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Insufficient new directors

Second quarter 2022 earnings released: EPS ₹6.76 (vs ₹0.50 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Upcoming dividend of ₹1.50 per share

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹1.94 (vs ₹8.82 loss in 1Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Insider recently sold ₹1.6m worth of stock

Full year 2021 earnings released: EPS ₹8.48 (vs ₹31.13 in FY 2020)

Third quarter 2021 earnings released: EPS ₹6.93 (vs ₹11.92 in 3Q 2020)

Banswara Syntex Limited to Report Q3, 2021 Results on Feb 13, 2021

Investor sentiment improved over the past week

New 90-day high: ₹124

Market bids up stock over the past week

New 90-day high: ₹91.55

Market pulls back on stock over the past week

New 90-day high: ₹81.45

Banswara Syntex Limited Appoints David Vlerick as an Independent Directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure