Sheela Foam Management

Management criteria checks 3/4

Sheela Foam's CEO is Tushaar Gautam, appointed in Nov 2023, has a tenure of less than a year. directly owns 31.44% of the company’s shares, worth ₹31.64B. The average tenure of the management team and the board of directors is 1.3 years and 7.8 years respectively.

Key information

Tushaar Gautam

Chief executive officer

₹23.5m

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	31.4%
Management average tenure	1.3yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tushaar Gautam's remuneration changed compared to Sheela Foam's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹2b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹23m	n/a	₹2b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹24m	n/a	₹2b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹3b
Jun 30 2021	n/a	n/a	₹3b
Mar 31 2021	₹22m	₹4m	₹2b
Dec 31 2020	n/a	n/a	₹2b
Sep 30 2020	n/a	n/a	₹2b
Jun 30 2020	n/a	n/a	₹2b
Mar 31 2020	₹21m	₹4m	₹2b
Dec 31 2019	n/a	n/a	₹2b
Sep 30 2019	n/a	n/a	₹2b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹17m	₹2m	₹1b
Dec 31 2018	n/a	n/a	₹1b
Sep 30 2018	n/a	n/a	₹1b
Jun 30 2018	n/a	n/a	₹1b
Mar 31 2018	₹17m	₹3m	₹1b

Compensation vs Market: Tushaar's total compensation ($USD281.83K) is below average for companies of similar size in the Indian market ($USD434.05K).

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

CEO

Tushaar Gautam (45 yo)

less than a year

Tenure

₹23,480,000

Compensation

Mr. Tushaar Gautam serves as Managing Director of Sheela Foam Limited since November 02, 2023 and serves as its Director. He served as Chief Executive Officer of India at Sheela Foam Limited since February...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rahul Gautam	Whole-Time Director & Chairman	no data	₹42.47m	11.43% ₹ 11.5b
Tushaar Gautam	MD & Director	less than a year	₹23.48m	31.44% ₹ 31.6b
Mahesh Narayanan Gopalasamudram	Chief Operating Officer	8.4yrs	₹14.35m	no data
Md. Ahmad	Compliance Officer & Company Secretary	no data	₹2.37m	no data
Namita Gautam	Whole-Time Director	no data	₹22.74m	10.52% ₹ 10.6b
Rakesh Chahar	Whole-Time Director	no data	₹22.45m	no data
Amit Gupta	Group Chief Financial Officer	less than a year	no data	no data
Pertisth Mankotia	Chief Information Officer & Chief Human Resources Officer	8.5yrs	no data	no data
Alejandro Serrano	Chief Executive Officer of Spain at Interplasp	1.3yrs	no data	no data
Kevin Graham	Chief Operating Officer of Australia at Joyce	1.3yrs	no data	no data
Nilesh Mazumdar	Chief Executive Officer of India	1.3yrs	no data	no data
Frank Van Gogh	CEO & Director of Joyce Foam Pty Ltd	no data	no data	no data

1.3yrs

Average Tenure

53yo

Average Age

Experienced Management: 540203's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Rahul Gautam	Whole-Time Director & Chairman	no data	₹42.47m	11.43% ₹ 11.5b
Tushaar Gautam	MD & Director	17yrs	₹23.48m	31.44% ₹ 31.6b
Namita Gautam	Whole-Time Director	20.4yrs	₹22.74m	10.52% ₹ 10.6b
Rakesh Chahar	Whole-Time Director	20.4yrs	₹22.45m	no data
Frank Van Gogh	CEO & Director of Joyce Foam Pty Ltd	no data	no data	no data
Som Mittal	Non-Executive Independent Director	7.8yrs	₹3.00m	no data
Ravindra Dhariwal	Non-Executive Independent Director	7.8yrs	₹2.78m	no data
Anil Tandon	Non-Executive Independent Director	7.8yrs	₹2.48m	no data
Vijay Ahluwalia	Additional Non-Executive Independent Director	6.1yrs	₹2.60m	no data
Meena Jagtiani	Non Executive Independent Director	5yrs	₹2.63m	no data

7.8yrs

Average Tenure

70yo

Average Age

Experienced Board: 540203's board of directors are considered experienced (7.8 years average tenure).

Sheela Foam Management

Management criteria checks 3/4

Key information

Recent management updates

Sheela Foam Limited Announces CEO Changes

Sheela Foam Limited Appoints Rahul Gautam as Whole-Time Director and Chairman

Sheela Foam Limited, Annual General Meeting, Jul 18, 2023

Sheela Foam Limited Appoints Amit Kumar Gupta as Group Chief Financial Officer

Insufficient new directors

Sheela Foam Limited Announces Resignation of Nikhil Ghanashyam Datye as Chief Financial Officer

Recent updates

Third quarter 2024 earnings released: EPS: ₹2.83 (vs ₹6.27 in 3Q 2023)

Sheela Foam Limited to Report Q3, 2024 Results on Feb 06, 2024

Sheela Foam Limited (NSEI:SFL) acquired 2.57% stake in Kurlon Enterprise Limited for approximately INR 550 million.

Sheela Foam Limited Announces CEO Changes

Sheela Foam Limited Appoints Rahul Gautam as Whole-Time Director and Chairman

Second quarter 2024 earnings released: EPS: ₹4.48 (vs ₹5.49 in 2Q 2023)

Sheela Foam Limited to Report Q2, 2024 Results on Nov 02, 2023

New minor risk - Shareholder dilution

First quarter 2024 earnings released: EPS: ₹4.41 (vs ₹4.36 in 1Q 2023)

Sheela Foam Limited to Report Q1, 2024 Results on Aug 02, 2023

Sheela Foam Limited (NSEI:SFL) agreed to acquire 94.66% stake in Kurlon Enterprise Limited for an enterprise value of INR 21.5 billion.

Full year 2023 earnings: EPS and revenues miss analyst expectations

Sheela Foam Limited, Annual General Meeting, Jul 18, 2023

Investor sentiment improves as stock rises 19%

Price target decreased by 12% to ₹1,333

Sheela Foam Limited Appoints Amit Kumar Gupta as Group Chief Financial Officer

Full year 2023 earnings: EPS and revenues miss analyst expectations

Sheela Foam Reportedly Looks to Buy Furlenco

Price target decreased by 8.4% to ₹1,563

Third quarter 2023 earnings released: EPS: ₹6.27 (vs ₹6.91 in 3Q 2022)

Sheela Foam Limited to Report Q3, 2023 Results on Feb 02, 2023

Sheela Foam Limited acquired International Comfort Technologies Pvt Ltd.

Insufficient new directors

Sheela Foam Limited Announces Resignation of Nikhil Ghanashyam Datye as Chief Financial Officer

Second quarter 2023 earnings released: EPS: ₹10.98 (vs ₹15.77 in 2Q 2022)

Price target decreased to ₹3,311

Full year 2022 earnings: EPS and revenues miss analyst expectations

Sheela Foam Limited to Report Q1, 2023 Results on Aug 02, 2022

Sheela Foam Limited Announces Retirement of Vijay Kumar Chopra as Independent Director, Term Ending on June 6, 2022

Insufficient new directors

Full year 2022 earnings: EPS and revenues miss analyst expectations

Sheela Foam Limited to Report Q4, 2022 Results on May 12, 2022

Insufficient new directors

Price target increased to ₹3,698

Price target increased to ₹3,698

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹15.77 (vs ₹14.32 in 2Q 2021)

Price target increased to ₹2,523

Full year 2021 earnings released: EPS ₹48.73 (vs ₹39.65 in FY 2020)

Additional Non-Executive Independent Director Vijay Ahluwalia has left the company

Chief Financial Officer Dhruv Mathur has left the company

Full year 2021 earnings released: EPS ₹49.23 (vs ₹39.65 in FY 2020)

New 90-day high: ₹2,088

Analysts increase EPS estimates to ₹50.35

Revenue beats expectations, earnings disappoint

Third quarter 2021 earnings released: EPS ₹20.53 (vs ₹13.25 in 3Q 2020)

Price target raised to ₹1,869

New 90-day high: ₹2,030

New 90-day high: ₹1,741

Market bids up stock over the past week

New 90-day high: ₹1,592

Analysts increase EPS estimates to ₹40.80

New 90-day low: ₹1,253

New 90-day low: ₹1,310

New 90-day high: ₹1,549

Sheela Foam Limited to Report Q1, 2021 Results on Aug 20, 2020

Price target raised to ₹1,601

Earnings released

Sheela Foam Limited (BSE:540203) completed the acquisition of Staqo World Private limited for INR 0.07 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure