Acknit Industries Limited

BSE:530043 Stock Report

Market Cap: ₹932.5m

Acknit Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Shri Saraf

Chief executive officer

₹6.0m

Total compensation

CEO salary percentage100.0%
CEO tenure34.2yrs
CEO ownership18.8%
Management average tenure3.3yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shri Saraf's remuneration changed compared to Acknit Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹91m

Jun 30 2024n/an/a

₹90m

Mar 31 2024₹6m₹6m

₹86m

Dec 31 2023n/an/a

₹77m

Sep 30 2023n/an/a

₹80m

Jun 30 2023n/an/a

₹82m

Mar 31 2023₹6m₹6m

₹90m

Dec 31 2022n/an/a

₹91m

Sep 30 2022n/an/a

₹94m

Jun 30 2022n/an/a

₹92m

Mar 31 2022₹6m₹6m

₹79m

Dec 31 2021n/an/a

₹72m

Sep 30 2021n/an/a

₹68m

Jun 30 2021n/an/a

₹66m

Mar 31 2021₹6m₹6m

₹58m

Dec 31 2020n/an/a

₹52m

Sep 30 2020n/an/a

₹42m

Jun 30 2020n/an/a

₹41m

Mar 31 2020₹6m₹6m

₹44m

Dec 31 2019n/an/a

₹50m

Sep 30 2019n/an/a

₹48m

Jun 30 2019n/an/a

₹41m

Mar 31 2019₹6m₹6m

₹47m

Dec 31 2018n/an/a

₹43m

Sep 30 2018n/an/a

₹41m

Jun 30 2018n/an/a

₹37m

Mar 31 2018₹4m₹4m

₹30m

Compensation vs Market: Shri's total compensation ($USD70.46K) is above average for companies of similar size in the Indian market ($USD42.29K).

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

CEO

Shri Saraf (70 yo)

34.2yrs

Tenure

₹6,000,000

Compensation

Mr. Shri Krishan Saraf serves as the Chairman, Managing Director at Acknit Industries Limited and as Executive Director since October 12, 1990. He was Compliance Officer of Achnit Industries Ltd. since Oct...

Leadership Team

NamePositionTenureCompensationOwnership
Shri Saraf
Chairmanno data₹6.00m18.81%
₹ 175.4m
Bishnu Kesan
Chief Financial Officer4.1yrs₹864.00kno data
Abhishek Saraf
Whole-Time Director2.6yrs₹2.60m4.73%
₹ 44.1m
Deo Saraf
Whole Time Director4.1yrs₹4.80m12%
₹ 111.9m
Aditya Saraf
Vice President of Readymade Garment Divisionno data₹2.60m1.37%
₹ 12.8m
Utkarsh Saraf
Business Development Executiveno data₹1.60mno data
Sumit Murarka
Accounts Managerno datano datano data
Ravi Bahl
Company Secretary & Compliance Officerless than a yearno datano data
Joydeep Sengupta
Business Head of Safety Garments Divisionno data₹964.00kno data

3.3yrs

Average Tenure

42.5yo

Average Age

Experienced Management: 530043's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shri Saraf
Chairman34.2yrs₹6.00m18.81%
₹ 175.4m
Abhishek Saraf
Whole-Time Director2.6yrs₹2.60m4.73%
₹ 44.1m
Deo Saraf
Whole Time Director34.2yrs₹4.80m12%
₹ 111.9m
Mukul Banerjee
Non-Executive Independent Director8.6yrs₹35.00kno data
Rashi Saraf
Non-Executive-Non-Independent Director8.3yrs₹68.00k2.8%
₹ 26.1m
Jadav Mukherjee
Independent Non-Executive Director6.6yrs₹49.00k0.033%
₹ 306.7k
Rajarshi Ghosh
Non-Executive Independent Director3.5yrs₹78.00kno data
Shankar Bajaj
Non-Executive Independent Director3.3yrs₹72.00kno data

7.4yrs

Average Tenure

64yo

Average Age

Experienced Board: 530043's board of directors are considered experienced (7.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 11:48
End of Day Share Price 2024/12/24 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

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 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

Acknit 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