Bhandari Hosiery Exports Limited

BSE:512608 Stock Report

Market Cap: ₹1.6b

Bhandari Hosiery Exports Management

Management criteria checks 3/4

Bhandari Hosiery Exports' CEO is Nitin Bhandari, appointed in Nov 2009, has a tenure of 15.17 years. total yearly compensation is ₹4.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 18.39% of the company’s shares, worth ₹282.94M. The average tenure of the management team and the board of directors is 7.2 years and 5.2 years respectively.

Key information

Nitin Bhandari

Chief executive officer

₹4.8m

Total compensation

CEO salary percentage100.0%
CEO tenure15.2yrs
CEO ownership18.4%
Management average tenure7.2yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nitin Bhandari's remuneration changed compared to Bhandari Hosiery Exports's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹65m

Jun 30 2024n/an/a

₹65m

Mar 31 2024₹5m₹5m

₹65m

Dec 31 2023n/an/a

₹65m

Sep 30 2023n/an/a

₹65m

Jun 30 2023n/an/a

₹66m

Mar 31 2023₹5mn/a

₹65m

Dec 31 2022n/an/a

₹69m

Sep 30 2022n/an/a

₹64m

Jun 30 2022n/an/a

₹66m

Mar 31 2022₹5mn/a

₹63m

Dec 31 2021n/an/a

₹58m

Sep 30 2021n/an/a

₹59m

Jun 30 2021n/an/a

₹52m

Mar 31 2021₹4mn/a

₹17m

Dec 31 2020n/an/a

₹2m

Sep 30 2020n/an/a

₹19m

Jun 30 2020n/an/a

₹19m

Mar 31 2020₹3m₹3m

₹53m

Dec 31 2019n/an/a

₹64m

Sep 30 2019n/an/a

₹62m

Jun 30 2019n/an/a

₹56m

Mar 31 2019₹1m₹1m

₹54m

Dec 31 2018n/an/a

₹60m

Sep 30 2018n/an/a

₹48m

Jun 30 2018n/an/a

₹49m

Mar 31 2018₹1m₹1m

₹50m

Compensation vs Market: Nitin's total compensation ($USD55.80K) is above average for companies of similar size in the Indian market ($USD41.93K).

Compensation vs Earnings: Nitin's compensation has been consistent with company performance over the past year.

CEO

Nitin Bhandari (41 yo)

15.2yrs

Tenure

₹4,800,000

Compensation

Mr. Nitin Bhandari has been the Chairman and Managing Director of Bhandari Hosiery Exports Limited since November 23, 2009 and serves as its Chief Executive Officer. He has been with Bhandari Hosiery Expor...

Leadership Team

NamePositionTenureCompensationOwnership
Nitin Bhandari
Chairman15.2yrs₹4.80m18.39%
₹ 290.4m
Deepak Sharma
Chief Financial Officer1.1yrs₹636.00kno data
Aditi Bhandari
Vice President of Marketing13.3yrs₹1.44mno data
Kusum Bhandari
Chief Merchandiserno data₹1.13m2.04%
₹ 32.2m
Shilpa Tiwari
Company Secretary & Compliance Officerless than a yearno datano data
Himanshu Sharma
Head of Fabric Dyeing & Processingno datano datano data

7.2yrs

Average Tenure

41yo

Average Age

Experienced Management: 512608's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nitin Bhandari
Chairman15.2yrs₹4.80m18.39%
₹ 290.4m
Vikas Nayar
Non-Executive Director20.3yrsno datano data
Surinder Kapoor
Non-Executive Independent Director5.6yrs₹90.00kno data
Rajesh Kumar
Non-Executive Director4.8yrsno datano data
Komal Bhalla
Independent Non-Executive Director1.4yrs₹50.00kno data
Alka Gambhir
Independent Non-Executive Director2.4yrs₹90.00kno data

5.2yrs

Average Tenure

49.5yo

Average Age

Experienced Board: 512608's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 15:51
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

Bhandari Hosiery Exports Limited is covered by 1 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
Kameswari V. S. ChavaliFirstCall Research