BSL Limited

NSEI:BSL Stock Report

Market Cap: ₹2.7b

BSL Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Nivedan Churiwal

Chief executive officer

₹19.4m

Total compensation

CEO salary percentage44.2%
CEO tenure27.5yrs
CEO ownership7.4%
Management average tenure11.8yrs
Board average tenure4.3yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase BSL Limited's (NSE:BSL) CEO Compensation

Sep 21
We Think Some Shareholders May Hesitate To Increase BSL Limited's (NSE:BSL) CEO Compensation

A Quick Analysis On BSL's (NSE:BSL) CEO Salary

Jan 14
A Quick Analysis On BSL's (NSE:BSL) CEO Salary

Recent updates

BSL Limited (NSE:BSL) Shares Fly 25% But Investors Aren't Buying For Growth

Dec 19
BSL Limited (NSE:BSL) Shares Fly 25% But Investors Aren't Buying For Growth

We Like These Underlying Return On Capital Trends At BSL (NSE:BSL)

Oct 31
We Like These Underlying Return On Capital Trends At BSL (NSE:BSL)

Is BSL (NSE:BSL) A Risky Investment?

Jun 12
Is BSL (NSE:BSL) A Risky Investment?

Here's Why We Think BSL (NSE:BSL) Is Well Worth Watching

Dec 02
Here's Why We Think BSL (NSE:BSL) Is Well Worth Watching

BSL (NSE:BSL) Will Pay A Larger Dividend Than Last Year At ₹1.50

Sep 12
BSL (NSE:BSL) Will Pay A Larger Dividend Than Last Year At ₹1.50

BSL's (NSE:BSL) Upcoming Dividend Will Be Larger Than Last Year's

Aug 29
BSL's (NSE:BSL) Upcoming Dividend Will Be Larger Than Last Year's

We Like BSL's (NSE:BSL) Returns And Here's How They're Trending

Mar 01
We Like BSL's (NSE:BSL) Returns And Here's How They're Trending

Is BSL (NSE:BSL) A Risky Investment?

Dec 26
Is BSL (NSE:BSL) A Risky Investment?

BSL's (NSE:BSL) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 17
BSL's (NSE:BSL) Shareholders May Want To Dig Deeper Than Statutory Profit

Investors Shouldn't Overlook BSL's (NSE:BSL) Impressive Returns On Capital

Nov 11
Investors Shouldn't Overlook BSL's (NSE:BSL) Impressive Returns On Capital

Is Now The Time To Put BSL (NSE:BSL) On Your Watchlist?

Oct 13
Is Now The Time To Put BSL (NSE:BSL) On Your Watchlist?

Investors Shouldn't Overlook BSL's (NSE:BSL) Impressive Returns On Capital

Jul 22
Investors Shouldn't Overlook BSL's (NSE:BSL) Impressive Returns On Capital

Is Now The Time To Put BSL (NSE:BSL) On Your Watchlist?

Jun 21
Is Now The Time To Put BSL (NSE:BSL) On Your Watchlist?

We Think BSL (NSE:BSL) Is Taking Some Risk With Its Debt

May 26
We Think BSL (NSE:BSL) Is Taking Some Risk With Its Debt

Estimating The Fair Value Of BSL Limited (NSE:BSL)

Apr 19
Estimating The Fair Value Of BSL Limited (NSE:BSL)

BSL (NSE:BSL) Could Become A Multi-Bagger

Dec 16
BSL (NSE:BSL) Could Become A Multi-Bagger

We Think Some Shareholders May Hesitate To Increase BSL Limited's (NSE:BSL) CEO Compensation

Sep 21
We Think Some Shareholders May Hesitate To Increase BSL Limited's (NSE:BSL) CEO Compensation

Investors Shouldn't Overlook BSL's (NSE:BSL) Impressive Returns On Capital

Sep 06
Investors Shouldn't Overlook BSL's (NSE:BSL) Impressive Returns On Capital

BSL (NSE:BSL) Will Be Looking To Turn Around Its Returns

Jun 03
BSL (NSE:BSL) Will Be Looking To Turn Around Its Returns

Should You Be Worried About BSL's (NSE:BSL) Returns On Capital?

Feb 18
Should You Be Worried About BSL's (NSE:BSL) Returns On Capital?

A Quick Analysis On BSL's (NSE:BSL) CEO Salary

Jan 14
A Quick Analysis On BSL's (NSE:BSL) CEO Salary

BSL (NSE:BSL) Seems To Be Using A Lot Of Debt

Dec 10
BSL (NSE:BSL) Seems To Be Using A Lot Of Debt

Is BSL (NSE:BSL) Set To Make A Turnaround?

Nov 05
Is BSL (NSE:BSL) Set To Make A Turnaround?

Does BSL's (NSE:BSL) CEO Salary Compare Well With The Performance Of The Company?

Sep 13
Does BSL's (NSE:BSL) CEO Salary Compare Well With The Performance Of The Company?

BSL (NSE:BSL) Has A Somewhat Strained Balance Sheet

Jul 29
BSL (NSE:BSL) Has A Somewhat Strained Balance Sheet

Here's What To Make Of BSL's (NSE:BSL) Returns On Capital

Jun 24
Here's What To Make Of BSL's (NSE:BSL) Returns On Capital

CEO Compensation Analysis

How has Nivedan Churiwal's remuneration changed compared to BSL's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹113m

Jun 30 2024n/an/a

₹113m

Mar 31 2024₹19m₹9m

₹112m

Dec 31 2023n/an/a

₹125m

Sep 30 2023n/an/a

₹139m

Jun 30 2023n/an/a

₹164m

Mar 31 2023₹20m₹8m

₹169m

Dec 31 2022n/an/a

₹156m

Sep 30 2022n/an/a

₹129m

Jun 30 2022n/an/a

₹117m

Mar 31 2022₹14m₹7m

₹115m

Dec 31 2021n/an/a

₹122m

Sep 30 2021n/an/a

₹111m

Jun 30 2021n/an/a

₹98m

Mar 31 2021₹9m₹5m

₹14m

Dec 31 2020n/an/a

-₹32m

Sep 30 2020n/an/a

-₹32m

Jun 30 2020n/an/a

-₹31m

Mar 31 2020₹10m₹5m

₹17m

Dec 31 2019n/an/a

₹26m

Sep 30 2019n/an/a

₹13m

Jun 30 2019n/an/a

-₹8m

Mar 31 2019₹10m₹5m

₹9m

Dec 31 2018n/an/a

₹14m

Sep 30 2018n/an/a

₹15m

Jun 30 2018n/an/a

₹13m

Mar 31 2018₹10m₹5m

₹10m

Compensation vs Market: Nivedan's total compensation ($USD226.74K) is above average for companies of similar size in the Indian market ($USD41.98K).

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

CEO

Nivedan Churiwal (49 yo)

27.5yrs

Tenure

₹19,426,013

Compensation

Mr. Nivedan Churiwal is Managing Director and Whole-Time Director of BSL Limited. He joined the BSL Limited as Executive Director on July 26, 1997. He was Member of The Board of Directors of La Opala RG Li...

Leadership Team

NamePositionTenureCompensationOwnership
Nivedan Churiwal
MD & Whole-Time Directorno data₹19.43m7.38%
₹ 197.2m
Praveen Jain
CFO, Director of Operations & Director18.7yrs₹12.22m0.000050%
₹ 1.3k
Shubham Jain
Company Secretary & Compliance Officer2.2yrs₹818.00kno data
M. Khiria
Vice President of Export Marketingno data₹5.87mno data
Arun Shraff
Vice President of Furnishing12.4yrs₹4.43mno data
O.P. Jangir
VP of Processing2.8yrs₹4.18mno data
H. Mathur
Assistant Vice President of IR & HRno data₹3.89mno data
Rakesh Trivedi
General Manager of Domestic Marketing14.5yrsno datano data
Sanjay Mehra
GM of Coml.11.2yrsno datano data

11.8yrs

Average Tenure

58yo

Average Age

Experienced Management: BSL's management team is seasoned and experienced (11.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nivedan Churiwal
MD & Whole-Time Director27.5yrs₹19.43m7.38%
₹ 197.2m
Praveen Jain
CFO, Director of Operations & Director3.6yrs₹12.22m0.000050%
₹ 1.3k
Sushil Jhunjhunwala
Independent Directorno data₹80.00k0.19%
₹ 5.2m
Ravi Jhunjhunwala
Non-Executive Director31.3yrs₹90.00k1.53%
₹ 40.8m
Shekhar Agarwal
Non-Executive Director22.7yrs₹150.00kno data
Amar Choudhary
Independent Directorno data₹190.00kno data
Aarti Aggarwal
Independent Director1.2yrs₹20.00kno data
Abhilasha Mimani
Independent Directorno data₹80.00kno data
Giriraj Singhal
Independent Directorno data₹60.00kno data
Jagdish Laddha
Independent Director4.9yrs₹150.00kno data
Kunal Jhunjhunwala
Independent Director1.1yrs₹20.00k0.075%
₹ 2.0m
Avinash Todi
Independent Director1.2yrs₹20.00kno data

4.3yrs

Average Tenure

72yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 06:47
End of Day Share Price 2025/01/06 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

BSL Limited is covered by 1 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
Anil BurraFirstCall Research