New Light Apparels Limited

BSE:540243 Stock Report

Market Cap: ₹985.5m

New Light Apparels Management

Management criteria checks 1/4

New Light Apparels' CEO is Sandeep Makkad, appointed in Aug 2016, has a tenure of 8.42 years. directly owns 0.19% of the company’s shares, worth ₹1.84M. The average tenure of the management team and the board of directors is 0.3 years and 0.8 years respectively.

Key information

Sandeep Makkad

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure8.4yrs
CEO ownership0.2%
Management average tenureless than a year
Board average tenureless 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?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹8m

Jun 30 2024n/an/a

₹4m

Mar 31 2024n/an/a

₹4m

Dec 31 2023n/an/a

-₹8m

Sep 30 2023n/an/a

-₹3m

Jun 30 2023n/an/a

-₹5m

Mar 31 2023₹480kn/a

-₹5m

Dec 31 2022n/an/a

-₹2m

Sep 30 2022n/an/a

-₹15m

Jun 30 2022n/an/a

-₹12m

Mar 31 2022₹480kn/a

-₹12m

Dec 31 2021n/an/a

-₹4m

Sep 30 2021n/an/a

₹1m

Jun 30 2021n/an/a

₹914k

Mar 31 2021₹647k₹647k

₹209k

Dec 31 2020n/an/a

-₹3m

Sep 30 2020n/an/a

-₹1m

Jun 30 2020n/an/a

-₹2m

Mar 31 2020₹480k₹480k

₹183k

Dec 31 2019n/an/a

₹939k

Sep 30 2019n/an/a

₹1m

Jun 30 2019n/an/a

₹3m

Mar 31 2019₹2m₹2m

₹3m

Dec 31 2018n/an/a

₹2m

Sep 30 2018n/an/a

₹3m

Jun 30 2018n/an/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)

8.4yrs

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...

Leadership Team

NamePositionTenureCompensationOwnership
Sandeep Makkad
Chairman8.4yrsno data0.19%
₹ 1.8m
Gurucharan Makkad
Whole Time Directorless than a yearno data0.071%
₹ 696.0k
Kavita Bisht
Company Secretary & Compliance Officerless than a yearno datano data

0.3yrs

Average Tenure

Experienced Management: 540243's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Sandeep Makkad
Chairman30yrsno data0.19%
₹ 1.8m
Gurucharan Makkad
Whole Time Directorless than a yearno data0.071%
₹ 696.0k
Aditya Jain
Independent Directorless than a yearno datano data
Anuj Tyagi
Independent Directorless than a yearno datano data
Dolly Saini
Non-Independent & Non-Executive Directorless than a yearno datano data
Suraj Goel
Additional Directorless than a yearno datano data

0.8yrs

Average Tenure

Experienced Board: 540243's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 09:19
End of Day Share Price 2024/12/30 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

New Light Apparels 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