Prima Plastics Limited

BSE:530589 Stock Report

Market Cap: ₹1.6b

Prima Plastics Management

Management criteria checks 3/4

Prima Plastics' CEO is Dilip Parekh, appointed in Jul 2005, has a tenure of 19.33 years. total yearly compensation is ₹9.07M, comprised of 92.6% salary and 7.4% bonuses, including company stock and options. directly owns 31.72% of the company’s shares, worth ₹499.56M. The average tenure of the management team and the board of directors is 11.8 years and 7.7 years respectively.

Key information

Dilip Parekh

Chief executive officer

₹9.1m

Total compensation

CEO salary percentage92.6%
CEO tenure19.3yrs
CEO ownership31.7%
Management average tenure11.8yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dilip Parekh's remuneration changed compared to Prima Plastics's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹201m

Jun 30 2024n/an/a

₹222m

Mar 31 2024₹9m₹8m

₹218m

Dec 31 2023n/an/a

₹212m

Sep 30 2023n/an/a

₹196m

Jun 30 2023n/an/a

₹193m

Mar 31 2023₹9m₹8m

₹159m

Dec 31 2022n/an/a

₹115m

Sep 30 2022n/an/a

₹91m

Jun 30 2022n/an/a

₹71m

Mar 31 2022₹8m₹7m

₹87m

Dec 31 2021n/an/a

₹103m

Sep 30 2021n/an/a

₹132m

Jun 30 2021n/an/a

₹160m

Mar 31 2021₹6m₹5m

₹150m

Dec 31 2020n/an/a

₹152m

Sep 30 2020n/an/a

₹121m

Jun 30 2020n/an/a

₹90m

Mar 31 2020₹6m₹6m

₹101m

Dec 31 2019n/an/a

₹78m

Sep 30 2019n/an/a

₹78m

Jun 30 2019n/an/a

₹77m

Mar 31 2019₹6m₹6m

₹95m

Mar 31 2018₹7m₹7m

₹95m

Compensation vs Market: Dilip's total compensation ($USD107.38K) is above average for companies of similar size in the Indian market ($USD42.67K).

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

CEO

Dilip Parekh (56 yo)

19.3yrs

Tenure

₹9,067,000

Compensation

Mr. Dilip Manharlal Parekh has been the Managing Director of Prima Plastics Ltd. since July 1, 2005 and served as its Chief Executive Officer. He is actively involved in forum for Plastic Industries and is...

Leadership Team

NamePositionTenureCompensationOwnership
Bhaskar Parekh
Executive Chairman31yrs₹6.28m24.41%
₹ 384.4m
Dilip Parekh
MD & Executive Director19.3yrs₹9.07m31.72%
₹ 499.6m
Dharmesh Sachade
Chief Financial Officer6yrs₹2.41mno data
Pratik Parekh
Chief Operating Ocerno datano datano data
Manoj Toshniwal
Vice President of Accounts & Financeno data₹1.44mno data
Prachi Mankame
Company Secretary & Compliance Officerless than a yearno datano data
Paras Parekh
Chief Marketing Officer17.6yrsno data0.0010%
₹ 15.7k

11.8yrs

Average Tenure

Experienced Management: 530589's management team is seasoned and experienced (11.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bhaskar Parekh
Executive Chairman31yrs₹6.28m24.41%
₹ 384.4m
Dilip Parekh
MD & Executive Director31yrs₹9.07m31.72%
₹ 499.6m
Hina Mehta
Non Executive Director9.5yrs₹125.00k0.00092%
₹ 14.5k
Snehal Muzoomdar
Independent Non-Executive Director5.8yrs₹165.00kno data
Shailesh Shah
Independent Non-Executive Director5yrs₹130.00kno data
Daxa Baxi
Independent Director1.5yrs₹100.00kno data

7.7yrs

Average Tenure

66yo

Average Age

Experienced Board: 530589's board of directors are considered experienced (7.7 years average tenure).