Damodar Industries Limited

BSE:521220 Stock Report

Market Cap: ₹950.6m

Damodar Industries Management

Management criteria checks 3/4

Damodar Industries' CEO is Ajay Biyani, appointed in Jun 1998, has a tenure of 26.58 years. total yearly compensation is ₹5.60M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 15.36% of the company’s shares, worth ₹146.06M. The average tenure of the management team and the board of directors is 3.9 years and 5.2 years respectively.

Key information

Ajay Biyani

Chief executive officer

₹5.6m

Total compensation

CEO salary percentage100.0%
CEO tenure26.6yrs
CEO ownership15.4%
Management average tenure3.9yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajay Biyani's remuneration changed compared to Damodar Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹19m

Jun 30 2024n/an/a

₹20m

Mar 31 2024₹6m₹6m

₹52m

Dec 31 2023n/an/a

₹31m

Sep 30 2023n/an/a

₹24m

Jun 30 2023n/an/a

-₹790k

Mar 31 2023₹5m₹5m

₹8m

Dec 31 2022n/an/a

₹63m

Sep 30 2022n/an/a

₹137m

Jun 30 2022n/an/a

₹184m

Mar 31 2022₹5m₹5m

₹184m

Dec 31 2021n/an/a

₹206m

Sep 30 2021n/an/a

₹148m

Jun 30 2021n/an/a

₹53m

Mar 31 2021₹7m₹7m

-₹62m

Dec 31 2020n/an/a

-₹189m

Sep 30 2020n/an/a

-₹195m

Jun 30 2020n/an/a

-₹129m

Mar 31 2020₹7m₹7m

-₹69m

Dec 31 2019n/an/a

-₹29m

Sep 30 2019n/an/a

₹3m

Jun 30 2019n/an/a

₹36m

Mar 31 2019₹6m₹6m

₹84m

Dec 31 2018n/an/a

₹114m

Sep 30 2018n/an/a

₹116m

Jun 30 2018n/an/a

₹109m

Mar 31 2018₹6m₹6m

₹117m

Compensation vs Market: Ajay's total compensation ($USD64.95K) is above average for companies of similar size in the Indian market ($USD41.75K).

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

CEO

Ajay Biyani (62 yo)

26.6yrs

Tenure

₹5,600,000

Compensation

Mr. Ajay D. Biyani is the Managing Director of Damodar Industries Limited (formerly, Damodar Threads Ltd.) since June 5, 1998 and served as its Vigilance & Ethics Officer. He oversees the production activi...

Leadership Team

NamePositionTenureCompensationOwnership
Arun Biyani
Co-Founder & Executive Chairman32.9yrs₹5.60m30.12%
₹ 286.4m
Ajay Biyani
Co-Founder26.6yrs₹5.60m15.36%
₹ 146.1m
Anil Biyani
Co-Founderno data₹5.60m13.06%
₹ 124.1m
Sheetal Singhal
Chief Financial Officer4.5yrs₹742.00kno data
Indrajit Kanase
Company Secretary & Compliance Officer1.4yrs₹533.00kno data
Sanjeev Jain
General Manager of Technicalno datano datano data
Payal Biyani
Head of Administrationno datano data0.64%
₹ 6.1m
Aman Biyani
Chief Marketing Officer3.3yrsno data1.16%
₹ 11.0m
Aditya Biyani
Head of Finance & Marketingno datano data1.5%
₹ 14.3m
Akshay Biyani
Head of Amravati Plantno datano data1.68%
₹ 15.9m
Gopal Singh
Chief Engineerno datano datano data

3.9yrs

Average Tenure

45.5yo

Average Age

Experienced Management: 521220's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Arun Biyani
Co-Founder & Executive Chairman32.9yrs₹5.60m30.12%
₹ 286.4m
Ajay Biyani
Co-Founder26.6yrs₹5.60m15.36%
₹ 146.1m
Pankaj Srivastava
Additional Non-Executive Independent Director4.7yrsno datano data
Mamta Biyani
Additional Non-Executive Independent Director3.9yrsno datano data
Ketan Patel
Independent Non Executive Director5.2yrsno data0.0054%
₹ 51.0k

5.2yrs

Average Tenure

64yo

Average Age

Experienced Board: 521220's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/25 21:02
End of Day Share Price 2025/01/24 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

Damodar Industries 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