Nivaka Fashions Limited

BSE:542206 Stock Report

Market Cap: ₹412.8m

Nivaka Fashions Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Bhavin Jain

Chief executive officer

₹3.0m

Total compensation

CEO salary percentage100.0%
CEO tenure9.9yrs
CEO ownership10.5%
Management average tenureno data
Board average tenure5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bhavin Jain's remuneration changed compared to Nivaka Fashions's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-₹650k

Sep 30 2023n/an/a

₹4m

Jun 30 2023n/an/a

-₹1m

Mar 31 2023₹3m₹3m

₹227k

Dec 31 2022n/an/a

-₹853k

Sep 30 2022n/an/a

-₹2m

Jun 30 2022n/an/a

₹2m

Mar 31 2022₹2m₹2m

₹3m

Dec 31 2021n/an/a

₹8m

Sep 30 2021n/an/a

₹5m

Jun 30 2021n/an/a

₹5m

Mar 31 2021₹2m₹2m

₹6m

Dec 31 2020n/an/a

-₹15m

Sep 30 2020n/an/a

-₹10m

Jun 30 2020n/an/a

-₹7m

Mar 31 2020₹1m₹1m

-₹8m

Dec 31 2019n/an/a

₹11m

Sep 30 2019n/an/a

₹11m

Jun 30 2019n/an/a

₹12m

Mar 31 2019₹230k₹230k

₹18m

Compensation vs Market: Bhavin's total compensation ($USD35.72K) is about average for companies of similar size in the Indian market ($USD39.52K).

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


CEO

Bhavin Jain (39 yo)

9.9yrs

Tenure

₹2,983,000

Compensation

Mr. Bhavin Shantilal Jain serves as Managing Director at Nivaka Fashions Limited (formerly known as B.T. Syndicate Limited) and is its Executive Director since June 23, 2014. Mr. Jain serves as Chairman at...


Board Members

NamePositionTenureCompensationOwnership
Bhavin Jain
Chairman & MD9.9yrs₹2.98m10.48%
₹ 43.3m
Mitesh Thakkar
CFO & Executive Director1.7yrsno datano data
Dinesh Shah
Independent Non-Executive Director9.9yrsno datano data
Priyesh Jain
Non-Executive & Non-Independent Director10.3yrs₹403.99k14%
₹ 57.8m
Gayathri Nagaraj
Independent Non-Executive Woman Director1.8yrs₹56.67kno data
Suman Verma
Independent Directorless than a yearno datano data

5.8yrs

Average Tenure

40yo

Average Age

Experienced Board: 542206's board of directors are considered experienced (5.8 years average tenure).


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