Sayaji Industries Management
Management criteria checks 1/4
Sayaji Industries' CEO is Varunbhai Mehta, appointed in Jun 2023, has a tenure of 1.08 years. directly owns 18.66% of the company’s shares, worth ₹212.28M. The average tenure of the management team and the board of directors is 1.1 years and 4.8 years respectively.
Key information
Varunbhai Mehta
Chief executive officer
₹17.0m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 1.1yrs |
| CEO ownership | 18.7% |
| Management average tenure | 1.1yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -₹117m |
| Dec 31 2023 | n/a | n/a | -₹39m |
| Sep 30 2023 | n/a | n/a | ₹36m |
| Jun 30 2023 | n/a | n/a | ₹11m |
| Mar 31 2023 | ₹17m | n/a | ₹72m |
| Dec 31 2022 | n/a | n/a | ₹113m |
| Sep 30 2022 | n/a | n/a | ₹125m |
| Jun 30 2022 | n/a | n/a | ₹190m |
| Mar 31 2022 | ₹16m | n/a | ₹189m |
| Dec 31 2021 | n/a | n/a | ₹237m |
| Sep 30 2021 | n/a | n/a | ₹240m |
| Jun 30 2021 | n/a | n/a | ₹276m |
| Mar 31 2021 | ₹12m | ₹12m | ₹165m |
| Dec 31 2020 | n/a | n/a | ₹87m |
| Sep 30 2020 | n/a | n/a | ₹16m |
| Jun 30 2020 | n/a | n/a | -₹86m |
| Mar 31 2020 | ₹14m | ₹12m | -₹23m |
| Dec 31 2019 | n/a | n/a | -₹25m |
| Sep 30 2019 | n/a | n/a | -₹17m |
| Jun 30 2019 | n/a | n/a | ₹139m |
| Mar 31 2019 | ₹12m | ₹10m | ₹252m |
| Mar 31 2018 | ₹12m | ₹10m | ₹74m |
Compensation vs Market: Varunbhai's total compensation ($USD203.38K) is above average for companies of similar size in the Indian market ($USD37.72K).
Compensation vs Earnings: Varunbhai's compensation has increased whilst the company is unprofitable.
CEO
Varunbhai Mehta (37 yo)
1.1yrs
Tenure
₹16,977,000
Compensation
Mr. Varunbhai Priyam Mehta has been an Executive Director of Sayaji Industries Limited since January 2010 and also serves as its Joint Chief Executive Officer since June 8, 2023. Mr. Mehta served as Direct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 41.7yrs | ₹16.91m | no data | |
| Joint CEO & Executive Director | 1.1yrs | ₹16.98m | 18.66% ₹ 212.3m | |
| Joint CEO & Executive Director | 1.1yrs | ₹16.83m | 18.66% ₹ 212.3m | |
| Chief Financial Officer | 5.3yrs | ₹6.05m | no data | |
| Whole Time Director of Technical & Executive Director | 4yrs | ₹5.24m | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
1.1yrs
Average Tenure
Experienced Management: 540728's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 41.7yrs | ₹16.91m | no data | |
| Joint CEO & Executive Director | 17.8yrs | ₹16.98m | 18.66% ₹ 212.3m | |
| Joint CEO & Executive Director | 14.5yrs | ₹16.83m | 18.66% ₹ 212.3m | |
| Whole Time Director of Technical & Executive Director | 4yrs | ₹5.24m | no data | |
| Non-Executive Director | 10.7yrs | ₹190.00k | 1.07% ₹ 12.2m | |
| Non Executive Independent Director | 5.7yrs | ₹150.00k | no data | |
| Non Executive Independent Director | 2.2yrs | ₹120.00k | no data | |
| Non Executive Independent Director | 1.7yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
4.8yrs
Average Tenure
57.5yo
Average Age
Experienced Board: 540728's board of directors are considered experienced (4.8 years average tenure).