BSL Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nivedan Churiwal

Chief executive officer

₹19.6m

Total compensation

CEO salary percentage39.3%
CEO tenure26.8yrs
CEO ownership7.4%
Management average tenure11yrs
Board average tenure24.3yrs

Recent management updates

Recent updates

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
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 ($USD235.08K) is above average for companies of similar size in the Indian market ($USD39.36K).

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


CEO

Nivedan Churiwal (48 yo)

26.8yrs

Tenure

₹19,584,713

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
Arun Churiwal
Executive Chairman46.4yrs₹21.74m9.97%
₹ 195.3m
Nivedan Churiwal
MD & Whole-Time Directorno data₹19.58m7.38%
₹ 144.6m
Praveen Jain
President17.9yrs₹10.75m0.000050%
₹ 979.8
Shubham Jain
Company Secretary & Compliance Officer1.4yrs₹306.00kno data
H. Mathur
Assistant Vice President of IR & HRno data₹3.89mno data
M. Khiria
Vice President of Export Marketingno data₹4.67mno data
P. Phogat
Vice President of Spinning5.8yrs₹4.26mno data
Arun Shraff
Vice President of Furnishing11.7yrs₹3.30mno data
Rakesh Trivedi
GM of Dom.Mktg13.8yrsno datano data
Sanjay Mehra
GM of Coml.10.4yrsno datano data
O.P. Jangir
VP of Processing2yrsno datano data
P.S. Brar
GM of Weaving14.9yrsno datano data

11.0yrs

Average Tenure

57yo

Average Age

Experienced Management: BSL's management team is seasoned and experienced (11 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Arun Churiwal
Executive Chairman46.4yrs₹21.74m9.97%
₹ 195.3m
Nivedan Churiwal
MD & Whole-Time Director26.8yrs₹19.58m7.38%
₹ 144.6m
Praveen Jain
President2.8yrs₹10.75m0.000050%
₹ 979.8
Ravi Jhunjhunwala
Non-Executive Director30.5yrs₹120.00k1.53%
₹ 29.9m
Shekhar Agarwal
Non-Executive Director21.9yrs₹160.00kno data
Jagdish Laddha
Independent Director4.2yrs₹160.00kno data

24.3yrs

Average Tenure

69.5yo

Average Age

Experienced Board: BSL's board of directors are seasoned and experienced ( 24.3 years average tenure).


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