Borosil Management

Management criteria checks 2/4

Borosil's CEO is Shreevar Kheruka, appointed in Feb 2020, has a tenure of 4.92 years. total yearly compensation is ₹112.01M, comprised of 49.3% salary and 50.7% bonuses, including company stock and options. directly owns 38.73% of the company’s shares, worth ₹18.96B. The average tenure of the management team and the board of directors is 1.3 years and 4.9 years respectively.

Key information

Shreevar Kheruka

Chief executive officer

₹112.0m

Total compensation

CEO salary percentage49.3%
CEO tenure4.9yrs
CEO ownership38.7%
Management average tenure1.3yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shreevar Kheruka's remuneration changed compared to Borosil's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹700m

Jun 30 2024n/an/a

₹702m

Mar 31 2024₹112m₹55m

₹659m

Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹769m

Jun 30 2023n/an/a

₹778m

Mar 31 2023₹99m₹48m

₹519m

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹64m₹12m

₹837m

Dec 31 2021n/an/a

₹679m

Sep 30 2021n/an/a

₹648m

Jun 30 2021n/an/a

₹473m

Mar 31 2021₹40m₹5m

₹421m

Dec 31 2020n/an/a

₹131m

Sep 30 2020n/an/a

₹97m

Jun 30 2020n/an/a

₹174m

Mar 31 2020₹21m₹648k

₹358m

Dec 31 2019n/an/a

₹242m

Mar 31 2019₹60kn/a

₹251m

Compensation vs Market: Shreevar's total compensation ($USD1.31M) is above average for companies of similar size in the Indian market ($USD257.71K).

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


CEO

Shreevar Kheruka (42 yo)

4.9yrs

Tenure

₹112,013,000

Compensation

Mr. Shreevar Kheruka is Non-Executive Director of Borosil Scientific Limited since July 29, 2016 and served as Chairman. Mr. Kheruka had been the Additional Director at Gujarat Borosil Limited since Septem...


Leadership Team

NamePositionTenureCompensationOwnership
Shreevar Kheruka
MD, CEO & Vice Chairman of the Board4.9yrs₹112.01m38.73%
₹ 19.0b
Anand Sultania
Chief Financial Officer5.2yrs₹6.67mno data
Rajesh Chaudhary
Whole Time Directorno data₹16.43m0.072%
₹ 35.3m
Mandar Chandrachud
Head of Legalless than a yearno datano data
Sanjay Gupta
Company Secretary & Compliance Officerless than a yearno datano data
Sweta Kochar
Chief Human Resource Officer1.3yrsno datano data

1.3yrs

Average Tenure

42yo

Average Age

Experienced Management: 543212's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Shreevar Kheruka
MD, CEO & Vice Chairman of the Board9yrs₹112.01m38.73%
₹ 19.0b
Rajesh Chaudhary
Whole Time Director4.9yrs₹16.43m0.072%
₹ 35.3m
Naveen Kshatriya
Non-Executive Independent Director4.9yrs₹145.00kno data
Kanwar Bir Anand
Non-Executive Independent Director4.9yrs₹2.67mno data
Kewal Handa
Non-Executive Independent Director4.9yrs₹2.76mno data
Pradeep Kheruka
Non-Executive Chairman9yrs₹2.65m10.44%
₹ 5.1b
Anupa Sahney
Non-Executive Independent & Director4.9yrs₹2.68mno data

4.9yrs

Average Tenure

69yo

Average Age

Experienced Board: 543212's board of directors are considered experienced (4.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 15:42
End of Day Share Price 2025/01/03 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

Borosil Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aniruddha JoshiICICI Securities Ltd.