Visagar Polytex Limited

NSEI:VIVIDHA Stock Report

Market Cap: ₹295.6m

Visagar Polytex Management

Management criteria checks 3/4

Visagar Polytex's CEO is Tilokchand Kothari, appointed in Jul 2007, has a tenure of 17.33 years. total yearly compensation is ₹250.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.72% of the company’s shares, worth ₹13.96M. The average tenure of the management team and the board of directors is 11.2 years and 4.9 years respectively.

Key information

Tilokchand Kothari

Chief executive officer

₹250.0k

Total compensation

CEO salary percentage100.0%
CEO tenure17.3yrs
CEO ownership4.7%
Management average tenure11.2yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

Visagar Polytex Limited's (NSE:VIVIDHA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Dec 15
Visagar Polytex Limited's (NSE:VIVIDHA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

CEO Compensation Analysis

How has Tilokchand Kothari's remuneration changed compared to Visagar Polytex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹154m

Jun 30 2024n/an/a

-₹154m

Mar 31 2024₹250k₹250k

-₹155m

Dec 31 2023n/an/a

-₹20m

Sep 30 2023n/an/a

-₹18m

Jun 30 2023n/an/a

-₹16m

Mar 31 2023₹140k₹140k

-₹14m

Dec 31 2022n/an/a

-₹6m

Sep 30 2022n/an/a

-₹7m

Jun 30 2022n/an/a

-₹10m

Mar 31 2022₹280k₹280k

-₹6m

Dec 31 2021n/an/a

-₹1m

Sep 30 2021n/an/a

-₹453k

Jun 30 2021n/an/a

₹5m

Mar 31 2021n/an/a

₹419k

Dec 31 2020n/an/a

₹4m

Sep 30 2020n/an/a

₹3m

Jun 30 2020n/an/a

-₹150m

Mar 31 2020n/an/a

-₹144m

Dec 31 2019n/an/a

-₹158m

Sep 30 2019n/an/a

-₹157m

Jun 30 2019n/an/a

-₹979k

Mar 31 2019n/an/a

₹2m

Dec 31 2018n/an/a

₹16m

Sep 30 2018n/an/a

₹15m

Jun 30 2018n/an/a

₹14m

Mar 31 2018₹1m₹1m

₹14m

Compensation vs Market: Tilokchand's total compensation ($USD2.96K) is below average for companies of similar size in the Indian market ($USD42.65K).

Compensation vs Earnings: Tilokchand's compensation has increased whilst the company is unprofitable.

CEO

Tilokchand Kothari (59 yo)

17.3yrs

Tenure

₹250,000

Compensation

Mr. Tilokchand Manaklal Kothari has been Chairman and Managing Director of Visagar Polytex Ltd. since July 30, 2007. Mr. Kothari has rich experience in business of Finance and Textiles.He served as the Co...

Leadership Team

NamePositionTenureCompensationOwnership
Tilokchand Kothari
MD & Chairman17.3yrs₹250.00k4.72%
₹ 14.0m
Sachin Mehta
Chief Financial Officer5.7yrsno datano data
Parul Gupta
Company Secretary & Compliance Officer3.4yrs₹168.00kno data
Vikramjit Gill
Executive Director3.8yrsno datano data
Murlidhar Sharma
General Manager of Operations16.7yrsno datano data
Promod Swami
General Manager of Marketing18.8yrsno datano data

11.2yrs

Average Tenure

Experienced Management: VIVIDHA's management team is seasoned and experienced (11.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tilokchand Kothari
MD & Chairman27yrs₹250.00k4.72%
₹ 14.0m
Vikramjit Gill
Executive Director3.8yrsno datano data
Kuldeep Kumar
Non-Executive Independent Director4.2yrsno datano data
Madhu Vaishnav
Non-Executive Independent Director4.9yrsno datano data
Kaushal Yadav
Non-Executive Independent Director5.4yrsno datano data

4.9yrs

Average Tenure

40yo

Average Age

Experienced Board: VIVIDHA's board of directors are considered experienced (4.9 years average tenure).