Vijay Solvex Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Vijay Data

Chief executive officer

₹14.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	36.4yrs
CEO ownership	10.7%
Management average tenure	12.5yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vijay Data's remuneration changed compared to Vijay Solvex's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-₹11m
Sep 30 2023	n/a	n/a	₹61m
Jun 30 2023	n/a	n/a	₹138m
Mar 31 2023	₹14m	₹14m	₹170m
Dec 31 2022	n/a	n/a	₹346m
Sep 30 2022	n/a	n/a	₹372m
Jun 30 2022	n/a	n/a	₹478m
Mar 31 2022	₹14m	₹14m	₹574m
Dec 31 2021	n/a	n/a	₹650m
Sep 30 2021	n/a	n/a	₹782m
Jun 30 2021	n/a	n/a	₹705m
Mar 31 2021	₹14m	₹14m	₹668m
Dec 31 2020	n/a	n/a	₹452m
Sep 30 2020	n/a	n/a	₹344m
Jun 30 2020	n/a	n/a	₹284m
Mar 31 2020	₹13m	₹13m	₹207m
Dec 31 2019	n/a	n/a	₹185m
Sep 30 2019	n/a	n/a	₹163m
Jun 30 2019	n/a	n/a	₹136m
Mar 31 2019	₹12m	₹12m	₹127m
Mar 31 2018	₹9m	₹9m	₹103m

Compensation vs Market: Vijay's total compensation ($USD170.67K) is above average for companies of similar size in the Indian market ($USD39.52K).

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

CEO

Vijay Data (68 yo)

36.4yrs

Tenure

₹14,250,000

Compensation

Mr. Vijay Data serves as the Managing Director of Vijay Solvex Ltd. Mr. Data has been associated with oil industry since last 31 years and has wide knowledge of quality of oil and oil seeds. He is looking...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vijay Data	MD & Executive Director	no data	₹14.25m	10.7% ₹ 297.7m
Shanker Kukreja	Chief Financial Officer	16.7yrs	₹3.79m	no data
Jay Lodha	Company Secretary & Compliance Officer	11.8yrs	₹2.32m	no data
Daya Data	Whole Time Director	no data	₹14.25m	7% ₹ 194.7m
Ankit Aggarwal	Senior Accounts & Finance Officer	13.3yrs	no data	no data
Laxmi Bajpai	Technical Head	5.2yrs	₹2.06m	no data

12.5yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 531069's management team is seasoned and experienced (12.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vijay Data	MD & Executive Director	36.4yrs	₹14.25m	10.7% ₹ 297.7m
Daya Data	Whole Time Director	36.4yrs	₹14.25m	7% ₹ 194.7m
Saurabh Data	Non-Executive Non-Independent Director	2.8yrs	₹55.00k	3.3% ₹ 91.9m
Pallavi Sharma	Non-Executive-Independent Woman Director	2.8yrs	₹55.00k	no data
Manish Jain	Non-Executive Independent Director	1.8yrs	₹30.00k	no data
Sachin Gupta	Non-Executive Independent Director	1.8yrs	₹30.00k	no data
Vineet Jain	Non-Executive Independent Director	1.8yrs	₹30.00k	no data
Ram Mahawar	Non-Executive Non-Independent Director	1.8yrs	₹30.00k	0.019% ₹ 521.4k

2.3yrs

Average Tenure

40.5yo

Average Age

Experienced Board: 531069's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Vijay Solvex Management

Management criteria checks 2/4

Key information

Recent management updates

Vijay Solvex Limited, Annual General Meeting, Sep 26, 2023

High number of new directors

Vijay Solvex Limited Announces Cease of Giriraj Goyal and Ram Babu Jhalani as Independent Directors

High number of new directors

Vijay Solvex Limited, Annual General Meeting, Sep 30, 2022

Insider recently sold ₹16m worth of stock

Recent updates

Third quarter 2024 earnings released: ₹18.17 loss per share (vs ₹4.37 profit in 3Q 2023)

Vijay Solvex Limited to Report Q3, 2024 Results on Feb 14, 2024

Second quarter 2024 earnings released: EPS: ₹0.78 (vs ₹24.99 in 2Q 2023)

Vijay Solvex Limited to Report Q2, 2024 Results on Nov 14, 2023

Vijay Solvex Limited, Annual General Meeting, Sep 26, 2023

First quarter 2024 earnings released: EPS: ₹5.15 (vs ₹15.03 in 1Q 2023)

Vijay Solvex Limited to Report Q1, 2024 Results on Aug 14, 2023

Investor sentiment deteriorates as stock falls 18%

Full year 2023 earnings released: EPS: ₹53.12 (vs ₹179 in FY 2022)

Now 22% undervalued

Vijay Solvex Limited to Report Q4, 2023 Results on May 30, 2023

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Investor sentiment improves as stock rises 20%

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: ₹4.37 (vs ₹12.59 in 3Q 2022)

Vijay Solvex Limited to Report Q3, 2023 Results on Feb 14, 2023

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹24.99 (vs ₹57.93 in 2Q 2022)

High number of new directors

Vijay Solvex Limited to Report Q2, 2023 Results on Nov 14, 2022

Investor sentiment deteriorated over the past week

Vijay Solvex Limited Announces Cease of Giriraj Goyal and Ram Babu Jhalani as Independent Directors

High number of new directors

Vijay Solvex Limited, Annual General Meeting, Sep 30, 2022

First quarter 2023 earnings released: EPS: ₹15.03 (vs ₹45.16 in 1Q 2022)

Vijay Solvex Limited to Report Q1, 2023 Results on Aug 13, 2022

Investor sentiment improved over the past week

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹179 (vs ₹209 in FY 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

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 ₹57.93 (vs ₹34.10 in 2Q 2021)

Investor sentiment deteriorated over the past week

Insider recently sold ₹16m worth of stock

Investor sentiment deteriorated over the past week

Insider recently sold ₹8.9m worth of stock

Investor sentiment deteriorated over the past week

Insider recently sold ₹1.6m worth of stock

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹45.16 (vs ₹33.43 in 1Q 2021)

Non-Executive Woman Director Gayatri Data has left the company

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹209 (vs ₹64.58 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: ₹998

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹53.78 (vs ₹19.96 in 3Q 2020)

Vijay Solvex Limited to Report Q3, 2021 Results on Feb 13, 2021

New 90-day high: ₹658

Market bids up stock over the past week

Second quarter 2021 earnings released: EPS ₹34.10

Second quarter 2021 earnings released: EPS ₹34.10

Vijay Solvex Limited to Report Q2, 2021 Results on Nov 13, 2020

Vijay Solvex Limited Appoints Suresh Chandra Gupta as Additional Director (Non-Executive-Independent Director), Effective from October 1, 2020

New 90-day high: ₹379

First quarter earnings released

Vijay Solvex Limited to Report Q1, 2021 Results on Sep 15, 2020

Vijay Solvex Limited to Report Q4, 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure