Parin Enterprises Limited

NSEI:PARIN Stock Report

Market Cap: ₹4.0b

Parin Enterprises Management

Management criteria checks 3/4

Parin Enterprises' CEO is Umesh Nandani, appointed in Apr 2018, has a tenure of 6.5 years. directly owns 24.17% of the company’s shares, worth ₹967.39M. The average tenure of the management team and the board of directors is 5.3 years and 6.5 years respectively.

Key information

Umesh Nandani

Chief executive officer

₹8.4m

Total compensation

CEO salary percentagen/a
CEO tenure6.5yrs
CEO ownership24.2%
Management average tenure5.3yrs
Board average tenure6.5yrs

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
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 ($USD99.90K) is above average for companies of similar size in the Indian market ($USD42.82K).

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


CEO

Umesh Nandani (58 yo)

6.5yrs

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 & MD6.5yrs₹8.40m24.17%
₹ 967.4m
Alpa Jogi
Chief Financial Officer4.8yrs₹1.50mno data
Binika Chudasama
Company Secretary & Compliance Officer3.5yrs₹394.00kno data
Parin Nandani
Whole-Time Director5.3yrs₹8.40m12.08%
₹ 483.7m
Kishan Bhatt
Operations Managerno datano datano data
Prashant Jain
Vice President of Global Sales3.8yrs₹225.00kno data
Hardik Thakkar
Divisional Head12.8yrsno datano data
Keyur Manek
Divisional Head22.3yrsno datano data
Sushil Chauhan
Vice President of Health Care Divisionno data₹187.50kno data

5.3yrs

Average Tenure

37yo

Average Age

Experienced Management: PARIN's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Umesh Nandani
Chairman & MD18.1yrs₹8.40m24.17%
₹ 967.4m
Parin Nandani
Whole-Time Director6.6yrs₹8.40m12.08%
₹ 483.7m
Deven Nandani
Non-Executive Director8.3yrsno data24.17%
₹ 967.4m
Dayalal Kesaria
Independent Director6.5yrsno datano data
Shweta Kathrani
Independent Director6.5yrsno datano data
Pranav Manek
Independent Director1.5yrsno datano data

6.5yrs

Average Tenure

38yo

Average Age

Experienced Board: PARIN's board of directors are considered experienced (6.5 years average tenure).