Prima Plastics Limited

BSE:530589 Stock Report

Market Cap: ₹1.4b

Prima Plastics Management

Management criteria checks 3/4

Prima Plastics' CEO is Dilip Parekh, appointed in Jul 2005, has a tenure of 19.67 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 ₹459.95M. The average tenure of the management team and the board of directors is 12.1 years and 8 years respectively.

Key information

Dilip Parekh

Chief executive officer

₹9.1m

Total compensation

CEO salary percentage92.6%
CEO tenure19.7yrs
CEO ownership31.7%
Management average tenure12.1yrs
Board average tenure8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dilip Parekh's remuneration changed compared to Prima Plastics's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

₹167m

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 ($USD104.30K) is above average for companies of similar size in the Indian market ($USD42.73K).

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

CEO

Dilip Parekh (56 yo)

19.7yrs

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 Chairman31.3yrs₹6.28m24.41%
₹ 353.9m
Dilip Parekh
MD & Executive Director19.7yrs₹9.07m31.72%
₹ 460.0m
Dharmesh Sachade
Chief Financial Officer6.3yrs₹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 Officer17.9yrsno data0.0010%
₹ 14.5k

12.1yrs

Average Tenure

Experienced Management: 530589's management team is seasoned and experienced (12.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bhaskar Parekh
Executive Chairman31.3yrs₹6.28m24.41%
₹ 353.9m
Dilip Parekh
MD & Executive Director31.3yrs₹9.07m31.72%
₹ 460.0m
Hina Mehta
Non Executive Director9.8yrs₹125.00k0.00092%
₹ 13.3k
Snehal Muzoomdar
Independent Non-Executive Director6.2yrs₹165.00kno data
Shailesh Shah
Independent Non-Executive Director5.3yrs₹130.00kno data
Daxa Baxi
Independent Director1.8yrs₹100.00kno data

8.0yrs

Average Tenure

66yo

Average Age

Experienced Board: 530589's board of directors are considered experienced (8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/15 15:14
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
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.

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 Github.

Analyst Sources

Prima Plastics Limited is covered by 3 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
Sanjay ManyalICICIdirect.com
Sudeep AnandIDBI Capital Markets & Securities Ltd.