Borosil Management

Management criteria checks 1/4

Borosil's CEO is Shreevar Kheruka, appointed in Feb 2020, has a tenure of 4.33 years. total yearly compensation is ₹98.92M, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 42.46% of the company’s shares, worth ₹16.58B. The average tenure of the management team and the board of directors is 0.7 years and 4.3 years respectively.

Key information

Shreevar Kheruka

Chief executive officer


Total compensation

CEO salary percentage48.5%
CEO tenure4.3yrs
CEO ownership42.5%
Management average tenureless than a year
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shreevar Kheruka's remuneration changed compared to Borosil's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a


Dec 31 2023n/an/a


Sep 30 2023n/an/a


Jun 30 2023n/an/a


Mar 31 2023₹99m₹48m


Dec 31 2022n/an/a


Sep 30 2022n/an/a


Jun 30 2022n/an/a


Mar 31 2022₹64m₹12m


Dec 31 2021n/an/a


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021₹40m₹5m


Dec 31 2020n/an/a


Sep 30 2020n/an/a


Jun 30 2020n/an/a


Mar 31 2020₹21m₹648k


Dec 31 2019n/an/a


Mar 31 2019₹60kn/a


Compensation vs Market: Shreevar's total compensation ($USD1.18M) is above average for companies of similar size in the Indian market ($USD253.97K).

Compensation vs Earnings: Shreevar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Shreevar Kheruka (42 yo)





Mr. Shreevar Kheruka is Chairman of Borosil Scientific Limited. Mr. Kheruka had been the Additional Director at Gujarat Borosil Limited since September 18, 2018. He is Managing Director and Chief Executive...

Leadership Team

Shreevar Kheruka
MD, CEO & Vice Chairman of the Board4.3yrs₹98.92m42.46%
₹ 16.6b
Anand Sultania
Chief Financial Officer4.6yrs₹5.02mno data
Rajesh Chaudhary
Whole Time Directorno data₹34.63m0.093%
₹ 36.2m
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 Officerless than a yearno datano data


Average Tenure


Average Age

Experienced Management: 543212's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Shreevar Kheruka
MD, CEO & Vice Chairman of the Board8.4yrs₹98.92m42.46%
₹ 16.6b
Rajesh Chaudhary
Whole Time Director4.3yrs₹34.63m0.093%
₹ 36.2m
Naveen Kshatriya
Non-Executive Independent Director4.3yrs₹2.04mno data
Kanwar Bir Anand
Non-Executive Independent Director4.3yrs₹1.95mno data
Kewal Handa
Non-Executive Independent Director4.3yrs₹2.34mno data
Pradeep Kheruka
Non-Executive Chairman8.4yrs₹2.22m11.55%
₹ 4.5b
Anupa Sahney
Non-Executive Independent & Director4.3yrs₹2.20mno data


Average Tenure


Average Age

Experienced Board: 543212's board of directors are considered experienced (4.3 years average tenure).

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