Crest Ventures Management

Management criteria checks 3/4

Crest Ventures' CEO is Vijay Choraria, appointed in Sep 2007, has a tenure of 16.67 years. total yearly compensation is ₹4.30M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 5.02% of the company’s shares, worth ₹543.57M. The average tenure of the management team and the board of directors is 2.5 years and 6.8 years respectively.

Key information

Vijay Choraria

Chief executive officer

₹4.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	16.7yrs
CEO ownership	5.0%
Management average tenure	2.5yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vijay Choraria's remuneration changed compared to Crest Ventures's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹622m
Sep 30 2023	n/a	n/a	₹595m
Jun 30 2023	n/a	n/a	₹350m
Mar 31 2023	₹4m	₹4m	₹4b
Dec 31 2022	n/a	n/a	₹4b
Sep 30 2022	n/a	n/a	₹4b
Jun 30 2022	n/a	n/a	₹4b
Mar 31 2022	n/a	n/a	₹121m
Dec 31 2021	n/a	n/a	₹163m
Sep 30 2021	n/a	n/a	₹101m
Jun 30 2021	n/a	n/a	₹8m
Mar 31 2021	n/a	n/a	₹30m
Dec 31 2020	n/a	n/a	₹69m
Sep 30 2020	n/a	n/a	₹208m
Jun 30 2020	n/a	n/a	₹387m
Mar 31 2020	₹4m	₹4m	₹453m
Dec 31 2019	n/a	n/a	₹491m
Sep 30 2019	n/a	n/a	₹481m
Jun 30 2019	n/a	n/a	₹482m
Mar 31 2019	₹4m	₹4m	₹479m
Dec 31 2018	n/a	n/a	₹489m
Sep 30 2018	n/a	n/a	₹556m
Jun 30 2018	n/a	n/a	₹920m
Mar 31 2018	₹3m	₹3m	₹940m

Compensation vs Market: Vijay's total compensation ($USD51.51K) is above average for companies of similar size in the Indian market ($USD39.30K).

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

CEO

Vijay Choraria (59 yo)

16.7yrs

Tenure

₹4,300,000

Compensation

Mr. Vijay Kundanmal Choraria, B.Com., B.G.L., CA has been Managing Director of Crest Ventures Limited since September 1, 2007. Mr. Choraria is the Promoter of Prebon Yamane (India) Ltd. and serves as its M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vijay Choraria	MD & Executive Director	16.7yrs	₹4.30m	5.02% ₹ 543.6m
Radhika Bhakuni	Chief Financial Officer	2.5yrs	no data	0.00013% ₹ 14.1k
Parag Shah	President of Credit & Investment	2.5yrs	₹3.47m	no data
Namita Bapna	Company Secretary & Compliance officer	5.7yrs	₹955.00k	no data
Rubina Khajurwala	Head of Human Resources	1.3yrs	no data	no data
Vaibhav Kathotia	Chief Operating Officer of Real Estate	1.3yrs	no data	no data
Jash Choraria	AVP of Investments & Credit and Chief of Staff	1.3yrs	no data	no data

2.5yrs

Average Tenure

Experienced Management: 511413's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vijay Choraria	MD & Executive Director	31yrs	₹4.30m	5.02% ₹ 543.6m
Vasudeo Galkar	Independent Non Executive Chairman	13.8yrs	₹250.00k	no data
Rajeev Sharma	Non–Executive Independent Director	8.5yrs	₹350.00k	no data
Mohindar Kumar	Independent Director	5yrs	₹350.00k	no data
Sheetal Kapadia	Non-Executive & Non-Independent Director	2.4yrs	₹350.00k	no data
Neha Mehta	Independent Director	1.3yrs	₹50.00k	no data

6.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 511413's board of directors are considered experienced (6.8 years average tenure).

Crest Ventures Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold ₹2.8m worth of stock

Insider recently sold ₹5.7m worth of stock

Crest Ventures Limited Announces Resignation of Mahesh Vithal Shirodkar as Director, Effective from February 3, 2023

Insider recently sold ₹4.2m worth of stock

Insider recently sold ₹16m worth of stock

Insider recently bought ₹1.3m worth of stock

Recent updates

New major risk - Share price stability

Third quarter 2024 earnings released: EPS: ₹4.36 (vs ₹3.27 in 3Q 2023)

Investor sentiment improves as stock rises 44%

New major risk - Share price stability

Crest Ventures Limited to Report Q3, 2024 Results on Feb 05, 2024

Investor sentiment improves as stock rises 19%

New minor risk - Share price stability

Investor sentiment improves as stock rises 35%

Crest Ventures Limited (BSE:511413) acquired additional 10.01% stake in Ramayana Realtors Private Limited for INR 56.7 million.

Crest Ventures Limited to Report Q2, 2024 Results on Nov 10, 2023

New major risk - Financial data availability

Crest Ventures Limited Approves to Declares Dividend for the Financial Year Ended March 31, 2023

New minor risk - Profit margin trend

Upcoming dividend of ₹1.00 per share at 0.4% yield

Full year 2023 earnings released: EPS: ₹139 (vs ₹4.25 in FY 2022)

Crest Ventures Limited to Report Q1, 2024 Results on Aug 11, 2023

New major risk - Share price stability

New minor risk - Share price stability

Insider recently sold ₹2.8m worth of stock

Full year 2023 earnings released: EPS: ₹139 (vs ₹4.25 in FY 2022)

Crest Ventures Limited Recommends Dividend for the Financial Year Ended 31St March, 2023

Crest Ventures Limited to Report Q4, 2023 Results on May 27, 2023

Insider recently sold ₹5.7m worth of stock

Third quarter 2023 earnings released: EPS: ₹3.27 (vs ₹2.45 in 3Q 2022)

Crest Ventures Limited to Report Q3, 2023 Results on Feb 04, 2023

Crest Ventures Limited Announces Resignation of Mahesh Vithal Shirodkar as Director, Effective from February 3, 2023

Second quarter 2023 earnings released: EPS: ₹2.70 (vs ₹2.18 in 2Q 2022)

Second quarter 2023 earnings released: EPS: ₹2.70 (vs ₹2.18 in 2Q 2022)

Crest Ventures Limited to Report Q2, 2023 Results on Nov 11, 2022

Crest Ventures Approves A Final Dividend for the Year Ended March 31, 2022

Upcoming dividend of ₹0.50 per share

Crest Ventures Limited Recommends Payment of Dividend for the Year Ended March 31, 2022

Insider recently sold ₹4.2m worth of stock

First quarter 2023 earnings released: EPS: ₹129 (vs ₹0.20 in 1Q 2022)

Investor sentiment improved over the past week

Crest Ventures Limited to Report Q1, 2023 Results on Aug 12, 2022

Full year 2022 earnings released: EPS: ₹4.25 (vs ₹1.05 in FY 2021)

Crest Ventures Limited Recommends Dividend for the Financial Year Ended 31 March, 2022

The Phoenix Mills Limited (BSE:503100) completed the acquisition of remaining 50% stake in Classic Mall Development Company Pvt. Ltd. from Crest Ventures Limited (BSE:511413) and Escorts Developers Private Limited for INR 9.4 billion.

Investor sentiment improved over the past week

The Phoenix Mills Limited (BSE:503100) entered into a non-binding term sheet to acquire Classic Mall Development Company Pvt. Ltd. from Crest Ventures Limited (BSE:511413) and Escorts Developers Private Limited for approximately INR 9.2 billion.

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Crest Ventures Limited to Report Q3, 2022 Results on Feb 11, 2022

Insider recently sold ₹16m worth of stock

Investor sentiment improved over the past week

Insider recently bought ₹1.3m worth of stock

Second quarter 2022 earnings released: EPS ₹2.18 (vs ₹1.07 loss in 2Q 2021)

Non-Executive Director Mahesh Shirodkar has left the company

Non–Executive Independent Director Rajeev Sharma has left the company

Upcoming dividend of ₹0.50 per share

Non-Executive Independent Director Ferzana Behramkamdin has left the company

Full year 2021 earnings released: EPS ₹1.05 (vs ₹15.92 in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹0.27 (vs ₹5.14 in 3Q 2020)

Insider recently sold ₹1.6m worth of stock

New 90-day high: ₹108

Insider recently sold ₹1.0m worth of stock

New 90-day high: ₹96.20

Crest Ventures Limited to Report Q2, 2021 Results on Nov 11, 2020

First quarter earnings released

First quarter earnings released

Crest Ventures Limited to Report Q1, 2021 Results on Sep 05, 2020

Upcoming Dividend of ₹0.50 Per Share

Earnings released

New 90-day high - ₹80.15

Crest Ventures Limited (BSE:511413) acquired 10% stake in CMS IT Services Private Limited for INR 64.7 million.

CEO Compensation Analysis

CEO