Vera Synthetic Limited

NSEI:VERA Stock Report

Market Cap: ₹476.2m

Vera Synthetic Management

Management criteria checks 3/4

Vera Synthetic's CEO is Sunil Makwana, appointed in Oct 2017, has a tenure of 7.17 years. directly owns 37.23% of the company’s shares, worth ₹177.32M. The average tenure of the management team and the board of directors is 7.2 years and 7.2 years respectively.

Key information

Sunil Makwana

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.2yrs
CEO ownership37.2%
Management average tenure7.2yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Vera Synthetic Limited (NSE:VERA) Held Back By Insufficient Growth Even After Shares Climb 54%

Jul 29
Vera Synthetic Limited (NSE:VERA) Held Back By Insufficient Growth Even After Shares Climb 54%

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 2024n/an/a

₹25m

Jun 30 2024n/an/a

₹22m

Mar 31 2024n/an/a

₹18m

Dec 31 2023n/an/a

₹11m

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: Insufficient data to establish whether Sunil's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Sunil Makwana (38 yo)

7.2yrs

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
Devjibhai Makwana
Founder & Executive Directorno datano data8.11%
₹ 38.6m
Sunilbhai Makwana
Chairman & MD7.2yrs₹2.70m37.23%
₹ 177.3m
Bhavik Mehta
Chief Financial Officer7.3yrsno datano data
Kruti Shah
Company Secretary & Compliance Officer7.3yrsno datano data
Meera Makwana
Whole Time Director6.1yrs₹2.70m8.9%
₹ 42.4m

7.2yrs

Average Tenure

37yo

Average Age

Experienced Management: VERA's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Devjibhai Makwana
Founder & Executive Director7.3yrsno data8.11%
₹ 38.6m
Sunilbhai Makwana
Chairman & MD7.2yrs₹2.70m37.23%
₹ 177.3m
Meera Makwana
Whole Time Director6.1yrs₹2.70m8.9%
₹ 42.4m
Dineshbhai Patel
Independent Director7.2yrsno datano data
Divyaben Mehta
Independent Directorno datano datano data
Ravikumar Adhiya
Independent Director7.2yrsno datano data
Bansari Shah
Non-Executive Independent Director4.8yrsno datano data

7.2yrs

Average Tenure

42yo

Average Age

Experienced Board: VERA's board of directors are considered experienced (7.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 03:03
End of Day Share Price 2024/12/24 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

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Vera Synthetic 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.

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