ADF Foods Management

Management criteria checks 3/4

ADF Foods' CEO is Bimal Thakkar, appointed in Jun 2018, has a tenure of 5.75 years. directly owns 26.82% of the company’s shares, worth ₹5.47B. The average tenure of the management team and the board of directors is 4.4 years and 5.1 years respectively.

Key information

Bimal Thakkar

Chief executive officer

₹37.7m

Total compensation

CEO salary percentagen/a
CEO tenure5.8yrs
CEO ownership26.8%
Management average tenure4.4yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bimal Thakkar's remuneration changed compared to ADF Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹658m

Sep 30 2023n/an/a

₹649m

Jun 30 2023n/an/a

₹635m

Mar 31 2023₹38mn/a

₹561m

Dec 31 2022n/an/a

₹510m

Sep 30 2022n/an/a

₹458m

Jun 30 2022n/an/a

₹446m

Mar 31 2022₹34mn/a

₹481m

Dec 31 2021n/an/a

₹518m

Sep 30 2021n/an/a

₹525m

Jun 30 2021n/an/a

₹526m

Mar 31 2021₹28mn/a

₹501m

Dec 31 2020n/an/a

₹484m

Sep 30 2020n/an/a

₹455m

Jun 30 2020n/an/a

₹422m

Mar 31 2020₹32m₹804k

₹428m

Dec 31 2019n/an/a

₹326m

Sep 30 2019n/an/a

₹267m

Jun 30 2019n/an/a

₹285m

Mar 31 2019₹10m₹8m

₹253m

Dec 31 2018n/an/a

₹290m

Sep 30 2018n/an/a

₹243m

Jun 30 2018n/an/a

₹191m

Mar 31 2018₹6m₹5m

₹181m

Dec 31 2017n/an/a

₹109m

Sep 30 2017n/an/a

₹149m

Jun 30 2017n/an/a

₹121m

Mar 31 2017₹5m₹5m

₹146m

Compensation vs Market: Bimal's total compensation ($USD452.12K) is above average for companies of similar size in the Indian market ($USD195.51K).

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


CEO

Bimal Thakkar (58 yo)

5.8yrs

Tenure

₹37,670,635

Compensation

Mr. Bimal Ramesh Thakkar, B.Com., Diploma (Export) has been an Executive Chairman of ADF Foods Limited since June 5, 2018. Mr. Thakkar has also been Managing Director of ADF Foods Limited since June 5, 201...


Leadership Team

NamePositionTenureCompensationOwnership
Bimal Thakkar
Executive Chairman5.8yrs₹37.67m26.82%
₹ 5.5b
Shardul Doshi
Chief Financial Officer3.6yrs₹10.36mno data
Purvi Dwivedi
General Manager of Accounts5.2yrsno datano data
Shalaka Ovalekar
Compliance Officer13.4yrs₹3.20mno data
Balark Banerjea
President of Indian Domestic Businessless than a yearno datano data
Sumer Thakkar
Manager of Business & Strategy Development3.6yrsno data2.63%
₹ 537.5m

4.4yrs

Average Tenure

Experienced Management: 519183's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bimal Thakkar
Executive Chairman20.8yrs₹37.67m26.82%
₹ 5.5b
Deepa Harris
Non Executive Independent Director4yrs₹600.00k0.11%
₹ 23.2m
Chandir Gidwani
Non-Executive Independent Director4.1yrs₹750.00k0.096%
₹ 19.5m
Jay Mehta
Non-Executive Non Independent Director5.1yrs₹420.00k0.34%
₹ 69.6m
Viren Merchant
Non-Executive Non-Independent Director18.3yrs₹480.00k0.47%
₹ 96.1m
Ravinder Jain
Independent Non-Executive Director16.4yrs₹700.00k0.46%
₹ 94.6m
Arjuun Guuha
Additional Directorless than a yearno datano data

5.1yrs

Average Tenure

60yo

Average Age

Experienced Board: 519183's board of directors are considered experienced (5.1 years average tenure).


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