Axita Cotton Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Nitinkumarbhai Patel

Chief executive officer

₹6.0m

Total compensation

CEO salary percentage	n/a
CEO tenure	6.1yrs
CEO ownership	29.8%
Management average tenure	1.1yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nitinkumarbhai Patel's remuneration changed compared to Axita Cotton's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹120m
Jun 30 2024	n/a	n/a	₹180m
Mar 31 2024	₹6m	n/a	₹203m
Dec 31 2023	n/a	n/a	₹210m
Sep 30 2023	n/a	n/a	₹225m
Jun 30 2023	n/a	n/a	₹183m
Mar 31 2023	₹6m	n/a	₹170m
Dec 31 2022	n/a	n/a	₹169m
Sep 30 2022	n/a	n/a	₹176m
Jun 30 2022	n/a	n/a	₹169m
Mar 31 2022	₹4m	n/a	₹154m
Dec 31 2021	n/a	n/a	₹109m
Sep 30 2021	n/a	n/a	₹68m
Jun 30 2021	n/a	n/a	₹58m
Mar 31 2021	₹2m	₹2m	₹37m
Dec 31 2020	n/a	n/a	₹20m
Sep 30 2020	n/a	n/a	₹3m
Jun 30 2020	n/a	n/a	₹3m
Mar 31 2020	₹2m	₹2m	₹4m
Dec 31 2019	n/a	n/a	₹4m
Sep 30 2019	n/a	n/a	₹5m
Jun 30 2019	n/a	n/a	₹2m
Mar 31 2019	₹2m	₹2m	₹5m

Compensation vs Market: Nitinkumarbhai's total compensation ($USD71.06K) is above average for companies of similar size in the Indian market ($USD42.61K).

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

CEO

Nitinkumarbhai Patel (59 yo)

6.1yrs

Tenure

₹6,000,000

Compensation

Mr. Nitinkumarbhai Govindbhai Patel is Chairman & MD of Axita Cotton Limited. He is Chairman and Managing Director of Yuranus Infrastructure Limited from May 08, 2023. He has experience in Oil Industries...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nitinkumarbhai Patel	Chairman & MD	no data	₹6.00m	29.83% ₹ 1.3b
Kushalkumar Patel	MD, Sustainability Officer & Director	less than a year	₹6.00m	10.53% ₹ 442.3m
Harsh Shah	Chief Financial Officer	3.2yrs	₹1.49m	no data
Shyamsunder Panchal	Company Secretary & Compliance Officer	1.6yrs	₹719.00k	no data
Nilesh Kothari	Executive Director	less than a year	no data	no data

1.1yrs

Average Tenure

45yo

Average Age

Experienced Management: 542285's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Nitinkumarbhai Patel	Chairman & MD	6.1yrs	₹6.00m	29.83% ₹ 1.3b
Kushalkumar Patel	MD, Sustainability Officer & Director	11.3yrs	₹6.00m	10.53% ₹ 442.3m
Nilesh Kothari	Executive Director	less than a year	no data	no data
Kunjal Soni	Independent Director	2.8yrs	₹95.00k	no data
Utsav Trivedi	Independent Director	1.4yrs	₹48.00k	no data
Shivani Pathak	Non-Executive Independent Director	less than a year	no data	no data
Vinod Rana	Independent Director	2.8yrs	₹90.00k	no data

2.8yrs

Average Tenure

33yo

Average Age

Experienced Board: 542285's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Axita Cotton Management

Management criteria checks 1/4

Key information

Recent management updates

Axita Cotton Limited, Annual General Meeting, Sep 30, 2024

High number of new directors

Axita Cotton Limited Announces Appointment of Ms. Shivani Rajesh Pathak as an Additional Director (Non-Executive Independent Director), Effective from June 17, 2024

High number of new directors

Axita Cotton Limited Announces Resignation of Apeksha Sanjaykumar Vyas as an Independent Director and Ceases to Be the Member of the Committees of the Board

MD & Non-Executive Director recently sold ₹18m worth of stock

Recent updates

Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.19 in 2Q 2024)

Axita Cotton Limited to Report Q2, 2025 Results on Nov 14, 2024

Axita Cotton Limited, Annual General Meeting, Sep 30, 2024

First quarter 2025 earnings released: EPS: ₹0.13 (vs ₹0.22 in 1Q 2024)

Investor sentiment improves as stock rises 15%

Axita Cotton Limited to Report Q1, 2025 Results on Aug 09, 2024

High number of new directors

Axita Cotton Limited Announces Appointment of Ms. Shivani Rajesh Pathak as an Additional Director (Non-Executive Independent Director), Effective from June 17, 2024

High number of new directors

Axita Cotton Limited Announces Resignation of Apeksha Sanjaykumar Vyas as an Independent Director and Ceases to Be the Member of the Committees of the Board

New minor risk - Profit margin trend

Full year 2024 earnings released: EPS: ₹0.79 (vs ₹0.65 in FY 2023)

Axita Cotton Limited to Report Q4, 2024 Results on Apr 23, 2024

Third quarter 2024 earnings released: EPS: ₹0.13 (vs ₹0.18 in 3Q 2023)

Axita Cotton Limited to Report Q3, 2024 Results on Jan 19, 2024

Investor sentiment improves as stock rises 24%

MD & Non-Executive Director recently sold ₹18m worth of stock

Investor sentiment improves as stock rises 19%

Upcoming dividend of ₹0.10 per share at 0.7% yield

Upcoming dividend of ₹0.10 per share

Second quarter 2024 earnings released: EPS: ₹0.33 (vs ₹0.12 in 2Q 2023)

Axita Cotton Limited Approves Board Changes

Axita Cotton Limited to Report Q2, 2024 Results on Nov 03, 2023

Axita Cotton Limited, Annual General Meeting, Sep 30, 2023

First quarter 2024 earnings released: EPS: ₹0.29 (vs ₹0.23 in 1Q 2023)

Axita Cotton Limited Announces Resignation of of Dixit Dipakkumar Shah as Independent Non-Executive Director

Investor sentiment improves as stock rises 17%

Axita Cotton Limited (BSE:542285) announces an Equity Buyback for 900,000 shares, representing 0.46% for INR 50.4 million.

Investor sentiment deteriorates as stock falls 35%

Full year 2023 earnings released: EPS: ₹0.87 (vs ₹0.74 in FY 2022)

Investor sentiment deteriorates as stock falls 16%

Axita Cotton Limited to Report Q3, 2023 Results on Jan 28, 2023

MD & Director recently sold ₹7.7m worth of stock

Investor sentiment improved over the past week

Chairman & MD recently sold ₹16m worth of stock

Second quarter 2023 earnings released

Axita Cotton Limited to Report Q2, 2023 Results on Nov 14, 2022

Investor sentiment improved over the past week

Axita Cotton Limited Appoints Apeksha Sanjay Kumar Vyas as an Independent Director

Axita Cotton Limited Approves the Resignation of Gitaben Nitinbhai Patel as Whole Time Director

First quarter 2023 earnings released: EPS: ₹2.27 (vs ₹0.78 in 1Q 2022)

Axita Cotton Limited to Report Q1, 2023 Results on Aug 12, 2022

Less than half of directors are independent

Axita Cotton Limited Announces Resignation of Pinaben Bharatkumar Patel an Independent Director

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Axita Cotton Limited Proposes Dividend for the Year 2021- 22

Axita Cotton Limited to Report Second Half, 2022 Results on Apr 25, 2022

Investor sentiment deteriorated over the past week

Axita Cotton Limited Announces Directorate Appointments

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Less than half of directors are independent

Full year 2021 earnings released: EPS ₹2.85 (vs ₹0.27 in FY 2020)

Chief Financial Officer Jayeshbhai Thakor has left the company

Independent Director Rakesh Patel has left the company

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS ₹2.85 (vs ₹0.27 in FY 2020)

New 90-day high: ₹46.00

New 90-day high: ₹35.65

New 90-day low: ₹30.95

New 90-day low: ₹34.00

Axita Cotton Limited Appoints Pinaben Bharatkumar Patel as Independent Director

Full year earnings released - EPS ₹0.27