New Light Apparels Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Sandeep Makkad

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.3yrs
CEO ownership	0.1%
Management average tenure	no data
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sandeep Makkad's remuneration changed compared to New Light Apparels's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹8m
Jun 30 2024	n/a	n/a	₹4m
Mar 31 2024	n/a	n/a	₹4m
Dec 31 2023	n/a	n/a	-₹8m
Sep 30 2023	n/a	n/a	-₹3m
Jun 30 2023	n/a	n/a	-₹5m
Mar 31 2023	₹480k	n/a	-₹5m
Dec 31 2022	n/a	n/a	-₹2m
Sep 30 2022	n/a	n/a	-₹15m
Jun 30 2022	n/a	n/a	-₹12m
Mar 31 2022	₹480k	n/a	-₹12m
Dec 31 2021	n/a	n/a	-₹4m
Sep 30 2021	n/a	n/a	₹1m
Jun 30 2021	n/a	n/a	₹914k
Mar 31 2021	₹647k	₹647k	₹209k
Dec 31 2020	n/a	n/a	-₹3m
Sep 30 2020	n/a	n/a	-₹1m
Jun 30 2020	n/a	n/a	-₹2m
Mar 31 2020	₹480k	₹480k	₹183k
Dec 31 2019	n/a	n/a	₹939k
Sep 30 2019	n/a	n/a	₹1m
Jun 30 2019	n/a	n/a	₹3m
Mar 31 2019	₹2m	₹2m	₹3m
Dec 31 2018	n/a	n/a	₹2m
Sep 30 2018	n/a	n/a	₹3m
Jun 30 2018	n/a	n/a	₹2m
Mar 31 2018	₹2m	₹2m	₹1m

Compensation vs Market: Insufficient data to establish whether Sandeep's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Sandeep Makkad (55 yo)

8.3yrs

Tenure

Mr. Sandeep Makkad has been Managing Director at New Light Apparels Limited since August 10, 2016 and serves as its Chief Financial Officer since September 11, 2020 and Chairman. Mr. Makkad served as Compl...

Board Members

Name	Position	Tenure	Compensation	Ownership
Sandeep Makkad	Chairman	29.8yrs	no data	0.12% ₹ 1.4m
Gurucharan Makkad	Whole Time Director	less than a year	no data	0.071% ₹ 856.2k
Aditya Jain	Independent Director	less than a year	no data	no data
Anuj Tyagi	Independent Director	less than a year	no data	no data
Dolly Saini	Non-Independent & Non-Executive Director	less than a year	no data	no data
Suraj Goel	Additional Director	less than a year	no data	no data

0.7yrs

Average Tenure

Experienced Board: 540243's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.

New Light Apparels Management

Management criteria checks 1/4

Key information

Recent management updates

New Light Apparels Limited Announces Resignation of Mr. Suneel Sahu as Company Secretary and Compliance Officer

High number of new and inexperienced directors

New Light Apparels Limited Announces Appointment of Suraj Parkash Goel as Additional Director

High number of new and inexperienced directors

New Light Apparels Limited, Annual General Meeting, Sep 23, 2024

New Light Apparels Limited, Annual General Meeting, Sep 23, 2024

Recent updates

Second quarter 2025 earnings released: EPS: ₹0.43 (vs ₹0.025 loss in 2Q 2024)

New Light Apparels Limited Announces Resignation of Mr. Suneel Sahu as Company Secretary and Compliance Officer

New Light Apparels Limited to Report Q2, 2025 Results on Nov 13, 2024

High number of new and inexperienced directors

New Light Apparels Limited Announces Appointment of Suraj Parkash Goel as Additional Director

High number of new and inexperienced directors

New Light Apparels Limited, Annual General Meeting, Sep 23, 2024

New Light Apparels Limited, Annual General Meeting, Sep 23, 2024

First quarter 2025 earnings released: EPS: ₹0.04 (vs ₹0.06 in 1Q 2024)

New Light Apparels Limited to Report Q1, 2025 Results on Aug 13, 2024

High number of new and inexperienced directors

Investor sentiment improves as stock rises 26%

New minor risk - Share price stability

New Light Apparels Limited Appoints Suraj Parkash Goel as an Additional Director

Investor sentiment improves as stock rises 21%

Full year 2024 earnings released: EPS: ₹1.67 (vs ₹2.37 loss in FY 2023)

New Light Apparels Limited to Report Q4, 2024 Results on May 30, 2024

New major risk - Shareholder dilution

New Light Apparels Limited Announces Board Appointments

Third quarter 2024 earnings released: EPS: ₹0.08 (vs ₹2.43 in 3Q 2023)

New Light Apparels Limited to Report Q3, 2024 Results on Feb 14, 2024

New Light Apparels Limited Announces Board Resignations

New major risk - Financial position

New Light Apparels Limited, Annual General Meeting, Sep 30, 2023

New minor risk - Share price stability

New Light Apparels Limited to Report Q1, 2024 Results on Aug 11, 2023

New Light Apparels Limited Appoints Suneel Sahu as Company Secretary & Compliance Officer

New Light Apparels Limited Announces Resignation of Prabha Gautam as Company Secretary

Full year 2023 earnings released: ₹2.37 loss per share (vs ₹5.52 loss in FY 2022)

New Light Apparels Limited to Report Q4, 2023 Results on Jun 27, 2023

New Light Apparels Limited to Report Q3, 2023 Results on Feb 13, 2023

Insufficient new directors

New Light Apparels Limited to Report Q2, 2023 Results on Nov 14, 2022

New Light Apparels Limited, Annual General Meeting, Sep 30, 2022

First quarter 2023 earnings released: ₹0.23 loss per share (vs ₹0.32 loss in 1Q 2022)

Full year 2022 earnings released: ₹5.52 loss per share (vs ₹0.095 profit in FY 2021)

Insufficient new directors

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

New Light Apparels Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS ₹0.33 (vs ₹0.16 in 2Q 2021)

Whole Time Company Secretary & Compliance Officer Manisha Goswami has left the company

First quarter 2022 earnings released: ₹0.32 loss per share (vs ₹0.64 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹0.10 (vs ₹0.083 in FY 2020)

Third quarter 2021 earnings released: ₹0.93 loss per share (vs ₹0.03 profit in 3Q 2020)

New Light Apparels Limited to Report Q3, 2021 Results on Feb 13, 2021

Second quarter 2021 earnings released: EPS ₹0.16

New Light Apparels Limited, Annual General Meeting, Dec 28, 2020

New Light Apparels Limited Appoints Manisha Goswami as Whole Time Company Secretary and Compliance Officer

New 90-day high - ₹36.90

CEO Compensation Analysis

CEO

Tenure

Board Members

Average Tenure