Parin Enterprises Limited

NSEI:PARIN Stock Report

Market Cap: ₹4.3b

Parin Enterprises Management

Management criteria checks 3/4

Parin Enterprises' CEO is Umesh Nandani, appointed in Apr 2018, has a tenure of 6.67 years. directly owns 24.17% of the company’s shares, worth ₹1.04B. The average tenure of the management team and the board of directors is 6.1 years and 6.7 years respectively.

Key information

Umesh Nandani

Chief executive officer

₹8.4m

Total compensation

CEO salary percentagen/a
CEO tenure6.7yrs
CEO ownership24.2%
Management average tenure6.1yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

Is Parin Furniture (NSE:PARIN) Using Too Much Debt?

Jul 30
Is Parin Furniture (NSE:PARIN) Using Too Much Debt?

Is Parin Furniture (NSE:PARIN) A Risky Investment?

Dec 05
Is Parin Furniture (NSE:PARIN) A Risky Investment?

Is Parin Furniture (NSE:PARIN) A Risky Investment?

Mar 29
Is Parin Furniture (NSE:PARIN) A Risky Investment?

If You Like EPS Growth Then Check Out Parin Furniture (NSE:PARIN) Before It's Too Late

Oct 27
If You Like EPS Growth Then Check Out Parin Furniture (NSE:PARIN) Before It's Too Late

Is Parin Furniture (NSE:PARIN) Using Too Much Debt?

Mar 01
Is Parin Furniture (NSE:PARIN) Using Too Much Debt?

Should We Be Delighted With Parin Furniture Limited's (NSE:PARIN) ROE Of 12%?

Jan 05
Should We Be Delighted With Parin Furniture Limited's (NSE:PARIN) ROE Of 12%?

Is Parin Furniture (NSE:PARIN) A Risky Investment?

Dec 01
Is Parin Furniture (NSE:PARIN) A Risky Investment?

CEO Compensation Analysis

How has Umesh Nandani's remuneration changed compared to Parin Enterprises's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹19m

Jun 30 2024n/an/a

₹21m

Mar 31 2024₹8mn/a

₹23m

Dec 31 2023n/an/a

₹33m

Sep 30 2023n/an/a

₹43m

Jun 30 2023n/an/a

₹37m

Mar 31 2023₹8mn/a

₹31m

Dec 31 2022n/an/a

₹36m

Sep 30 2022n/an/a

₹41m

Jun 30 2022n/an/a

₹41m

Mar 31 2022₹4mn/a

₹41m

Dec 31 2021n/an/a

₹32m

Sep 30 2021n/an/a

₹23m

Jun 30 2021n/an/a

₹35m

Mar 31 2021₹4m₹4m

₹46m

Dec 31 2020n/an/a

₹50m

Sep 30 2020n/an/a

₹53m

Jun 30 2020n/an/a

₹46m

Mar 31 2020₹2m₹2m

₹38m

Mar 31 2019₹2m₹2m

₹41m

Mar 31 2018₹2m₹2m

₹38m

Compensation vs Market: Umesh's total compensation ($USD98.52K) is above average for companies of similar size in the Indian market ($USD42.16K).

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

CEO

Umesh Nandani (58 yo)

6.7yrs

Tenure

₹8,400,000

Compensation

Mr. Umesh Dhirajlal Nandani has been Chairman of the Board & Managing Director of Parin Enterprises Limited (formerly known as Parin Furniture Limited). since April 19, 2018 and its board member since Sept...

Leadership Team

NamePositionTenureCompensationOwnership
Umesh Nandani
Chairman & MD6.7yrs₹8.40m24.17%
₹ 1.0b
Alpa Jogi
Chief Financial Officer4.9yrs₹1.50mno data
Binika Chudasama
Company Secretary & Compliance Officer3.7yrs₹394.00kno data
Parin Nandani
Whole-Time Director5.5yrs₹8.40m12.08%
₹ 521.3m
Hardik Thakkar
Divisional Head12.9yrsno datano data
Keyur Manek
Divisional Head22.5yrsno datano data
Sushil Chauhan
Vice President of Health Care Divisionno data₹187.50kno data

6.1yrs

Average Tenure

38yo

Average Age

Experienced Management: PARIN's management team is seasoned and experienced (6.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Umesh Nandani
Chairman & MD18.3yrs₹8.40m24.17%
₹ 1.0b
Parin Nandani
Whole-Time Director6.8yrs₹8.40m12.08%
₹ 521.3m
Deven Nandani
Non-Executive Director8.4yrsno data24.17%
₹ 1.0b
Dayalal Kesaria
Independent Director6.7yrsno datano data
Shweta Kathrani
Independent Director6.7yrsno datano data
Pranav Manek
Independent Director1.7yrsno datano data

6.7yrs

Average Tenure

38yo

Average Age

Experienced Board: PARIN's board of directors are considered experienced (6.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 13:50
End of Day Share Price 2024/12/26 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

Parin Enterprises Limited is covered by 0 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