BCL Industries Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Rajinder Mittal

Chief executive officer

₹6.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	32.1yrs
CEO ownership	21.0%
Management average tenure	3.8yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajinder Mittal's remuneration changed compared to BCL Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹915m
Sep 30 2023	n/a	n/a	₹843m
Jun 30 2023	n/a	n/a	₹671m
Mar 31 2023	₹6m	₹6m	₹663m
Dec 31 2022	n/a	n/a	₹648m
Sep 30 2022	n/a	n/a	₹656m
Jun 30 2022	n/a	n/a	₹857m
Mar 31 2022	₹6m	₹6m	₹848m
Dec 31 2021	n/a	n/a	₹753m
Sep 30 2021	n/a	n/a	₹612m
Jun 30 2021	n/a	n/a	₹520m
Mar 31 2021	₹5m	₹5m	₹422m
Dec 31 2020	n/a	n/a	₹323m
Sep 30 2020	n/a	n/a	₹308m
Jun 30 2020	n/a	n/a	₹264m
Mar 31 2020	₹3m	₹3m	₹259m
Dec 31 2019	n/a	n/a	₹296m
Sep 30 2019	n/a	n/a	₹325m
Jun 30 2019	n/a	n/a	₹420m
Mar 31 2019	₹4m	₹2m	₹414m
Dec 31 2018	n/a	n/a	₹387m
Sep 30 2018	n/a	n/a	₹321m
Jun 30 2018	n/a	n/a	₹192m
Mar 31 2018	₹1m	₹1m	₹180m

Compensation vs Market: Rajinder's total compensation ($USD71.97K) is below average for companies of similar size in the Indian market ($USD185.46K).

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

CEO

Rajinder Mittal (64 yo)

32.1yrs

Tenure

₹6,000,000

Compensation

Mr. Rajinder Mittal serves as the Managing Director at BCL Industries Ltd and served as its Chairman until August 2014. Mr. Mittal has been Executive Director of BCL Industries Ltd since April 1, 1992. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rajinder Mittal	MD & Executive Director	no data	₹6.00m	20.96% ₹ 3.2b
Kushal Mittal	Joint MD & Executive Director	4.1yrs	₹4.80m	15.81% ₹ 2.4b
Gulab Singh	Chief Financial Officer	3.8yrs	₹1.61m	no data
Sandeep Kumar	Vice President of Finance & Accounts	no data	₹1.63m	no data
Ajeet Thakur	Company Secretary & Compliance Officer	1.5yrs	₹521.00k	no data
Sat Goyal	Whole Time Director	no data	₹900.00k	0.00028% ₹ 43.4k
N. Chadha	Chief General Manager	no data	no data	no data
Deepak Tayal	Additional General Manager of Technical - Oil & vanaspati unit	no data	no data	no data

3.8yrs

Average Tenure

62yo

Average Age

Experienced Management: 524332's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rajinder Mittal	MD & Executive Director	32.1yrs	₹6.00m	20.96% ₹ 3.2b
Kushal Mittal	Joint MD & Executive Director	4.1yrs	₹4.80m	15.81% ₹ 2.4b
Sat Goyal	Whole Time Director	19.5yrs	₹900.00k	0.00028% ₹ 43.4k
Ramesh Nayyar	Independent Non-Executive Chairman	9.8yrs	₹186.60k	no data
Neerja Jain	Independent Woman Non-Executive Director	4.7yrs	₹145.00k	no data
Pankaj Jhunjhunwala	Director of Svaksha Distillery Ltd	no data	no data	no data
Param Pal Bal	Additional Independent Non-Executive Director	3.3yrs	₹105.00k	no data

7.2yrs

Average Tenure

63yo

Average Age

Experienced Board: 524332's board of directors are considered experienced (7.2 years average tenure).

BCL Industries Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

BCL Industries Limited, Annual General Meeting, Sep 26, 2023

BCL Industries Limited Announces Executive Changes

BCL Industries Limited Announces Board Changes

BCL Industries Limited, Annual General Meeting, Sep 27, 2022

BCL Industries Limited Announces Constitution of Risk Management Committee

Recent updates

Investor sentiment deteriorates as stock falls 21%

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released

Insufficient new directors

BCL Industries Limited to Report Q3, 2024 Results on Feb 03, 2024

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Investor sentiment improves as stock rises 26%

Second quarter 2024 earnings released: EPS: ₹7.23 (vs ₹0.034 in 2Q 2023)

BCL Industries Limited announced that it has received INR 491.97006 million in funding from a group of investors

BCL Industries Limited to Report Q2, 2024 Results on Nov 10, 2023

New minor risk - Market cap size

BCL Industries Limited Approves Final Dividend

Upcoming dividend of ₹5.00 per share at 0.9% yield

BCL Industries Limited Proposes Dividend on the Fully Paid-Up Share Capital for the Financial Year Ended March 31, 2023

First quarter 2024 earnings released: EPS: ₹7.71 (vs ₹7.35 in 1Q 2023)

BCL Industries Limited, Annual General Meeting, Sep 26, 2023

BCL Industries Limited to Report Q1, 2024 Results on Aug 11, 2023

New minor risk - Shareholder dilution

BCL Industries Limited Recommends Dividend for the Financial Year Ended March 31, 2023

Full year 2023 earnings released: EPS: ₹27.45 (vs ₹35.13 in FY 2022)

Third quarter 2023 earnings released: EPS: ₹9.69 (vs ₹9.99 in 3Q 2022)

BCL Industries Limited to Report Q3, 2023 Results on Feb 14, 2023

BCL Industries Limited announced that it expects to receive INR 502.50006 million in funding from a group of investors

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2023 earnings released: ₹0.34 loss per share (vs ₹8.66 profit in 2Q 2022)

BCL Industries Limited Announces Executive Changes

Upcoming dividend of ₹3.00 per share

BCL Industries Limited Announces Board Changes

First quarter 2023 earnings released: EPS: ₹7.35 (vs ₹6.99 in 1Q 2022)

BCL Industries Limited to Report Q1, 2023 Results on Aug 13, 2022

Full year 2022 earnings released: EPS: ₹35.10 (vs ₹18.75 in FY 2021)

BCL Industries Limited, Annual General Meeting, Sep 27, 2022

Now 20% undervalued after recent price drop

BCL Industries Limited Announces Constitution of Risk Management Committee

Upcoming dividend of ₹2.00 per share

Investor sentiment improved over the past week

Now 22% undervalued

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹8.66 (vs ₹5.25 in 2Q 2021)

Upcoming dividend of ₹5.00 per share

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹6.99 (vs ₹3.67 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹126

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹4.17 (vs ₹4.41 in 3Q 2020)

BCL Industries Limited to Report Q3, 2021 Results on Feb 09, 2021

BCL Industries Limited Announces Board Changes

Investor sentiment improved over the past week

New 90-day high: ₹83.60

New 90-day high: ₹81.05

Market bids up stock over the past week

Second quarter 2021 earnings released: EPS ₹5.25

New 90-day high: ₹66.15

Kushal Mittal acquired 1.5% stake in BCL Industries & Infrastructures Ltd (BSE:524332).

New 90-day high: ₹57.70

First quarter earnings released

New 90-day high - ₹50.20

BCL Industries Limited Announces Resignation of Subash Chander Mittal as Chief Executive Officer

CEO Compensation Analysis

CEO