Vera Synthetic Limited

NSEI:VERA Stock Report

Market Cap: ₹256.6m

Vera Synthetic Management

Management criteria checks 4/4

Vera Synthetic's CEO is Sunil Makwana, appointed in Oct 2017, has a tenure of 6.08 years. directly owns 37.23% of the company’s shares, worth ₹95.55M. The average tenure of the management team and the board of directors is 6.1 years and 6.1 years respectively.

Key information

Sunil Makwana

Chief executive officer

₹2.7m

Total compensation

CEO salary percentagen/a
CEO tenure6.1yrs
CEO ownership37.2%
Management average tenure6.1yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Is Weakness In Vera Synthetic Limited (NSE:VERA) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Mar 17
Is Weakness In Vera Synthetic Limited (NSE:VERA) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Calculating The Intrinsic Value Of Vera Synthetic Limited (NSE:VERA)

Jan 21
Calculating The Intrinsic Value Of Vera Synthetic Limited (NSE:VERA)

Is Weakness In Vera Synthetic Limited (NSE:VERA) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Nov 20
Is Weakness In Vera Synthetic Limited (NSE:VERA) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

CEO Compensation Analysis

How has Sunil Makwana's remuneration changed compared to Vera Synthetic's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

₹5m

Jun 30 2023n/an/a

₹12m

Mar 31 2023₹3mn/a

₹18m

Dec 31 2022n/an/a

₹22m

Sep 30 2022n/an/a

₹25m

Jun 30 2022n/an/a

₹22m

Mar 31 2022₹3mn/a

₹20m

Dec 31 2021n/an/a

₹15m

Sep 30 2021n/an/a

₹11m

Jun 30 2021n/an/a

₹15m

Mar 31 2021₹8m₹6m

₹19m

Sep 30 2020n/an/a

₹23m

Jun 30 2020n/an/a

₹21m

Mar 31 2020₹7m₹5m

₹19m

Dec 31 2019n/an/a

₹15m

Sep 30 2019n/an/a

₹12m

Jun 30 2019n/an/a

₹13m

Mar 31 2019₹5m₹5m

₹14m

Dec 31 2018n/an/a

₹23m

Sep 30 2018n/an/a

₹31m

Jun 30 2018n/an/a

₹21m

Mar 31 2018₹5m₹5m

₹11m

Compensation vs Market: Sunil's total compensation ($USD32.40K) is about average for companies of similar size in the Indian market ($USD39.22K).

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


CEO

Sunil Makwana (37 yo)

6.1yrs

Tenure

₹2,700,000

Compensation

Mr. Sunilbhai Devjibhai Makwana, also known as Sunil, has been the Chairman and Managing Director of Vera Synthetic Limited since October 10, 2017. Mr. Makwana served as Director of Suresh Ship Breaking Pr...


Leadership Team

NamePositionTenureCompensationOwnership
Sunilbhai Makwana
Chairman & MD6.1yrs₹2.70m37.23%
₹ 95.6m
Devjibhai Makwana
Founder & Executive Directorno data₹938.20k8.11%
₹ 20.8m
Meera Makwana
Whole Time Director5yrs₹2.70m8.83%
₹ 22.7m
Bhavik Mehta
Chief Financial Officer6.2yrsno datano data
Kruti Shah
Company Secretary & Compliance Officer6.2yrsno datano data

6.1yrs

Average Tenure

36yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Sunilbhai Makwana
Chairman & MD6.1yrs₹2.70m37.23%
₹ 95.6m
Devjibhai Makwana
Founder & Executive Director6.3yrs₹938.20k8.11%
₹ 20.8m
Meera Makwana
Whole Time Director5yrs₹2.70m8.83%
₹ 22.7m
Dineshbhai Patel
Independent Director6.1yrsno datano data
Divyaben Mehta
Independent Directorno datano datano data
Ravikumar Adhiya
Independent Director6.1yrsno datano data
Bansari Shah
Non-Executive Independent Director3.8yrsno datano data

6.1yrs

Average Tenure

41yo

Average Age

Experienced Board: VERA's board of directors are considered experienced (6.1 years average tenure).


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