Modern Dairies Limited

BSE:519287 Stock Report

Market Cap: ₹1.3b

Modern Dairies Management

Management criteria checks 1/4

Modern Dairies' CEO is Krishan Goyal, appointed in Jul 2012, has a tenure of 12.25 years. total yearly compensation is ₹5.10M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 19.13% of the company’s shares, worth ₹253.98M. The average tenure of the management team and the board of directors is 7.5 years and 2.3 years respectively.

Key information

Krishan Goyal

Chief executive officer

₹5.1m

Total compensation

CEO salary percentage100.0%
CEO tenure12.3yrs
CEO ownership19.1%
Management average tenure7.5yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Krishan Goyal's remuneration changed compared to Modern Dairies's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹361m

Mar 31 2024₹5m₹5m

₹342m

Dec 31 2023n/an/a

₹305m

Sep 30 2023n/an/a

₹286m

Jun 30 2023n/an/a

₹115m

Mar 31 2023n/an/a

₹122m

Dec 31 2022n/an/a

₹121m

Sep 30 2022n/an/a

₹109m

Jun 30 2022n/an/a

₹72m

Mar 31 2022n/an/a

₹50m

Dec 31 2021n/an/a

-₹374m

Sep 30 2021n/an/a

-₹357m

Jun 30 2021n/an/a

-₹350m

Mar 31 2021n/an/a

-₹347m

Dec 31 2020n/an/a

₹52m

Sep 30 2020n/an/a

₹35m

Jun 30 2020n/an/a

₹25m

Mar 31 2020₹1m₹1m

₹35m

Dec 31 2019n/an/a

₹59m

Sep 30 2019n/an/a

₹75m

Jun 30 2019n/an/a

₹77m

Mar 31 2019₹3m₹3m

₹61m

Dec 31 2018n/an/a

-₹28m

Sep 30 2018n/an/a

-₹95m

Jun 30 2018n/an/a

-₹141m

Mar 31 2018₹3m₹3m

-₹186m

Compensation vs Market: Krishan's total compensation ($USD60.70K) is above average for companies of similar size in the Indian market ($USD42.87K).

Compensation vs Earnings: Krishan's compensation has increased by more than 20% in the past year.

CEO

Krishan Goyal (68 yo)

12.3yrs

Tenure

₹5,100,000

Compensation

Mr. Krishan Kumar Goyal, B.Com, LLB has been a Managing Director at Modern Steels Ltd., since July 1, 1986 and its Chief Executive Officer since May 1, 2006 and also has been its Chairman since February 14...

Leadership Team

NamePositionTenureCompensationOwnership
Krishan Goyal
MD & Chairman12.3yrs₹5.10m19.13%
₹ 254.0m
Ashwani Aggarwal
Executive Director7.5yrs₹3.34mno data
Mukesh Sehgal
Chief Financial Officerno data₹2.49mno data
Shruti Joshi
Company Secretary & Compliance Officer4.2yrsno datano data

7.5yrs

Average Tenure

Experienced Management: 519287's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Krishan Goyal
MD & Chairman12.7yrs₹5.10m19.13%
₹ 254.0m
Ashwani Aggarwal
Executive Director31.8yrs₹3.34mno data
Sanjay Kaushik
Non-Executive Independent Director2.3yrs₹80.00kno data
Ajay Sharma
Non-Executive Independent Director2.2yrs₹170.00kno data
Meena Sharma
Non-Executive Independent Director2.2yrs₹90.00kno data

2.3yrs

Average Tenure

68yo

Average Age

Experienced Board: 519287's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.