Minaxi Textiles Limited

BSE:531456 Stock Report

Market Cap: ₹110.2m

Minaxi Textiles Management

Management criteria checks 3/4

Minaxi Textiles' CEO is Dineshkumar Patel, appointed in Nov 2019, has a tenure of 5.17 years. directly owns 18.53% of the company’s shares, worth ₹20.42M. The average tenure of the management team and the board of directors is 5.2 years and 4.3 years respectively.

Key information

Dineshkumar Patel

Chief executive officer

₹1.2m

Total compensation

CEO salary percentagen/a
CEO tenure5.2yrs
CEO ownership18.5%
Management average tenure5.2yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dineshkumar Patel's remuneration changed compared to Minaxi Textiles's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹42m

Jun 30 2024n/an/a

-₹47m

Mar 31 2024₹1mn/a

-₹31m

Dec 31 2023n/an/a

-₹36m

Sep 30 2023n/an/a

-₹31m

Jun 30 2023n/an/a

-₹45m

Mar 31 2023₹300kn/a

-₹62m

Dec 31 2022n/an/a

-₹46m

Sep 30 2022n/an/a

-₹41m

Jun 30 2022n/an/a

-₹24m

Mar 31 2022n/an/a

-₹16m

Dec 31 2021n/an/a

-₹11m

Sep 30 2021n/an/a

-₹5m

Jun 30 2021n/an/a

-₹11m

Mar 31 2021n/an/a

-₹16m

Dec 31 2020n/an/a

-₹2m

Sep 30 2020n/an/a

-₹6m

Jun 30 2020n/an/a

-₹3m

Mar 31 2020₹80k₹80k

₹1m

Dec 31 2019n/an/a

-₹13m

Sep 30 2019n/an/a

-₹7m

Jun 30 2019n/an/a

-₹2m

Mar 31 2019₹960k₹960k

₹2m

Compensation vs Market: Dineshkumar's total compensation ($USD14.01K) is below average for companies of similar size in the Indian market ($USD41.98K).

Compensation vs Earnings: Dineshkumar's compensation has increased whilst the company is unprofitable.

CEO

Dineshkumar Patel (58 yo)

5.2yrs

Tenure

₹1,200,000

Compensation

Mr. Dineshkumar P. Patel is Managing Director and Director of Minaxi Textiles Limited. He was MD & Whole Time Director of Minaxi Textiles Limited from November 15, 2019. He was Whole Time Director of Minax...

Leadership Team

NamePositionTenureCompensationOwnership
Kiritkumar Patel
Chairperson & Whole-Time Director17yrs₹1.20m18.53%
₹ 20.4m
Dineshkumar Patel
MD & Director5.2yrs₹1.20m18.53%
₹ 20.4m
Priyanka Patel
Company Secretary & Compliance Officer6.1yrs₹260.00kno data
Parind Patel
Chief Financial Officer4.3yrsno datano data
Dineshbhai Patel
no datano datano data

5.2yrs

Average Tenure

Experienced Management: 531456's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kiritkumar Patel
Chairperson & Whole-Time Director17yrs₹1.20m18.53%
₹ 20.4m
Dineshkumar Patel
MD & Directorno data₹1.20m18.53%
₹ 20.4m
Dineshbhai Patel
17yrsno datano data
Bharatbhai Patel
Directorno datano datano data
Sweta Patel
Non-Executive Director5.2yrs₹2.00kno data
Snehalkumar Patel
Independent Director4.3yrsno datano data
Chirag Shah
Independent Director4.3yrsno datano data
Sandip Madriya
Independent Additional Directorless than a yearno datano data
Ravikumar Patel
Independent Additional Directorless than a yearno datano data

4.3yrs

Average Tenure

58yo

Average Age

Experienced Board: 531456's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 09:15
End of Day Share Price 2025/01/06 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

Minaxi Textiles Limited is covered by 0 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