Visagar Polytex Limited

BSE:506146 Stock Report

Market Cap: ₹292.7m

Visagar Polytex Management

Management criteria checks 3/4

Visagar Polytex's CEO is Tilokchand Kothari, appointed in Jul 2007, has a tenure of 17.5 years. total yearly compensation is ₹250.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.72% of the company’s shares, worth ₹13.82M. The average tenure of the management team and the board of directors is 11.3 years and 5.1 years respectively.

Key information

Tilokchand Kothari

Chief executive officer

₹250.0k

Total compensation

CEO salary percentage100.0%
CEO tenure17.5yrs
CEO ownership4.7%
Management average tenure11.3yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tilokchand Kothari's remuneration changed compared to Visagar Polytex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹154m

Jun 30 2024n/an/a

-₹154m

Mar 31 2024₹250k₹250k

-₹155m

Dec 31 2023n/an/a

-₹20m

Sep 30 2023n/an/a

-₹18m

Jun 30 2023n/an/a

-₹16m

Mar 31 2023₹140k₹140k

-₹14m

Dec 31 2022n/an/a

-₹6m

Sep 30 2022n/an/a

-₹7m

Jun 30 2022n/an/a

-₹10m

Mar 31 2022₹280k₹280k

-₹6m

Dec 31 2021n/an/a

-₹1m

Sep 30 2021n/an/a

-₹453k

Jun 30 2021n/an/a

₹5m

Mar 31 2021n/an/a

₹419k

Dec 31 2020n/an/a

₹4m

Sep 30 2020n/an/a

₹3m

Jun 30 2020n/an/a

-₹150m

Mar 31 2020n/an/a

-₹144m

Dec 31 2019n/an/a

-₹158m

Sep 30 2019n/an/a

-₹157m

Jun 30 2019n/an/a

-₹979k

Mar 31 2019n/an/a

₹2m

Dec 31 2018n/an/a

₹16m

Sep 30 2018n/an/a

₹15m

Jun 30 2018n/an/a

₹14m

Mar 31 2018₹1m₹1m

₹14m

Compensation vs Market: Tilokchand's total compensation ($USD2.91K) is below average for companies of similar size in the Indian market ($USD41.93K).

Compensation vs Earnings: Tilokchand's compensation has increased whilst the company is unprofitable.

CEO

Tilokchand Kothari (59 yo)

17.5yrs

Tenure

₹250,000

Compensation

Mr. Tilokchand Manaklal Kothari has been Chairman and Managing Director of Visagar Polytex Ltd. since July 30, 2007. Mr. Kothari has rich experience in business of Finance and Textiles.He served as the Co...

Leadership Team

NamePositionTenureCompensationOwnership
Tilokchand Kothari
MD & Chairman17.5yrs₹250.00k4.72%
₹ 13.8m
Sachin Mehta
Chief Financial Officer5.8yrsno datano data
Parul Gupta
Company Secretary & Compliance Officer3.6yrs₹168.00kno data
Vikramjit Gill
Executive Director4yrsno datano data
Murlidhar Sharma
General Manager of Operations16.8yrsno datano data
Promod Swami
General Manager of Marketing19yrsno datano data

11.3yrs

Average Tenure

Experienced Management: 506146's management team is seasoned and experienced (11.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tilokchand Kothari
MD & Chairman27.2yrs₹250.00k4.72%
₹ 13.8m
Vikramjit Gill
Executive Director4yrsno datano data
Kuldeep Kumar
Non-Executive Independent Director4.3yrsno datano data
Madhu Vaishnav
Non-Executive Independent Director5.1yrsno datano data
Kaushal Yadav
Non-Executive Independent Director5.6yrsno datano data

5.1yrs

Average Tenure

40yo

Average Age

Experienced Board: 506146's board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 15:03
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Visagar Polytex Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research
Vinayak M.FirstCall Research