BSL Limited

BSE:514045 Stock Report

Market Cap: ₹1.2b

BSL Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Nivedan Churiwal

Chief executive officer

₹21.5m

Total compensation

CEO salary percentage50.76%
CEO tenure29.2yrs
CEO ownership7.4%
Management average tenure14.1yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nivedan Churiwal's remuneration changed compared to BSL's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹36m

Mar 31 2026₹21m₹11m

₹24m

Dec 31 2025n/an/a

₹37m

Sep 30 2025n/an/a

₹55m

Jun 30 2025n/an/a

₹63m

Mar 31 2025₹21m₹10m

₹82m

Dec 31 2024n/an/a

₹104m

Sep 30 2024n/an/a

₹113m

Jun 30 2024n/an/a

₹113m

Mar 31 2024₹19m₹9m

₹112m

Dec 31 2023n/an/a

₹125m

Sep 30 2023n/an/a

₹139m

Jun 30 2023n/an/a

₹164m

Mar 31 2023₹20m₹8m

₹169m

Dec 31 2022n/an/a

₹156m

Sep 30 2022n/an/a

₹129m

Jun 30 2022n/an/a

₹117m

Mar 31 2022₹14m₹7m

₹115m

Dec 31 2021n/an/a

₹122m

Sep 30 2021n/an/a

₹111m

Jun 30 2021n/an/a

₹98m

Mar 31 2021₹9m₹5m

₹14m

Dec 31 2020n/an/a

-₹32m

Sep 30 2020n/an/a

-₹32m

Jun 30 2020n/an/a

-₹31m

Mar 31 2020₹10m₹5m

₹17m

Compensation vs Market: Nivedan's total compensation ($USD223.84K) is above average for companies of similar size in the Indian market ($USD43.79K).

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

CEO

Nivedan Churiwal (51 yo)

29.2yrs
Tenure
₹21,471,768
Compensation

Mr. Nivedan Churiwal is Managing Director and Whole-Time Director of BSL Limited. He joined the BSL Limited as Executive Director on July 26, 1997. He was Member of The Board of Directors of La Opala RG Li...

Leadership Team

NamePositionTenureCompensationOwnership
Arun Churiwal
Executive Chairman48.8yrs₹23.56m9.97%
₹ 118.6m
Nivedan Churiwal
MD & Whole-Time Directorno data₹21.47m7.38%
₹ 87.9m
Praveen Jain
CFO, Director of Operations & Director20.3yrs₹16.47mno data
Shubham Jain
Company Secretary & Compliance Officer3.8yrs₹1.12mno data
Arun Shraff
Vice President of Furnishing14.1yrs₹5.93mno data
Sanjay Tripathi
Sr. General Manager of IR & HRno datano datano data
14.1yrs
Average Tenure
63yo
Average Age

Experienced Management: 514045's management team is seasoned and experienced (14.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Arun Churiwal
Executive Chairman48.8yrs₹23.56m9.97%
₹ 118.6m
Nivedan Churiwal
MD & Whole-Time Director29.2yrs₹21.47m7.38%
₹ 87.9m
Praveen Jain
CFO, Director of Operations & Director5.3yrs₹16.47mno data
Ravi Jhunjhunwala
Non-Executive Non Independent Director32.9yrs₹20.00k1.53%
₹ 18.2m
Shekhar Agarwal
Non-Executive Director24.3yrs₹90.00kno data
Aarti Aggarwal
Independent Director2.8yrs₹100.00kno data
Hemant Jalan
Independent Director2.8yrs₹120.00kno data
Jagdish Laddha
Independent Director6.6yrs₹100.00kno data
Kunal Jhunjhunwala
Independent Director2.8yrs₹60.00k0.075%
₹ 890.5k
Avinash Todi
Independent Director2.8yrs₹90.00kno data
5.9yrs
Average Tenure
71yo
Average Age

Experienced Board: 514045's board of directors are considered experienced (5.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/17 06:33
End of Day Share Price 2026/09/17 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the 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 Github.

Analyst Sources

BSL 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
Anil BurraFirstCall Research