Sayaji Industries Limited

BSE:540728 Stock Report

Market Cap: ₹1.9b

Sayaji Industries Management

Management criteria checks 2/4

Sayaji Industries' CEO is Varunbhai Mehta, appointed in Jun 2023, has a tenure of 1.42 years. directly owns 18.66% of the company’s shares, worth ₹350.56M. The average tenure of the management team and the board of directors is 2.9 years and 5.2 years respectively.

Key information

Varunbhai Mehta

Chief executive officer

₹24.9m

Total compensation

CEO salary percentagen/a
CEO tenure1.4yrs
CEO ownership18.7%
Management average tenure2.9yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Varunbhai Mehta's remuneration changed compared to Sayaji Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹121m

Jun 30 2024n/an/a

-₹138m

Mar 31 2024₹25mn/a

-₹117m

Dec 31 2023n/an/a

-₹39m

Sep 30 2023n/an/a

₹36m

Jun 30 2023n/an/a

₹11m

Mar 31 2023₹17mn/a

₹72m

Dec 31 2022n/an/a

₹113m

Sep 30 2022n/an/a

₹125m

Jun 30 2022n/an/a

₹190m

Mar 31 2022₹16mn/a

₹189m

Dec 31 2021n/an/a

₹237m

Sep 30 2021n/an/a

₹240m

Jun 30 2021n/an/a

₹276m

Mar 31 2021₹12m₹12m

₹165m

Dec 31 2020n/an/a

₹87m

Sep 30 2020n/an/a

₹16m

Jun 30 2020n/an/a

-₹86m

Mar 31 2020₹14m₹12m

-₹23m

Dec 31 2019n/an/a

-₹25m

Sep 30 2019n/an/a

-₹17m

Jun 30 2019n/an/a

₹139m

Mar 31 2019₹12m₹10m

₹252m

Mar 31 2018₹12m₹10m

₹74m

Compensation vs Market: Varunbhai's total compensation ($USD295.01K) is above average for companies of similar size in the Indian market ($USD42.72K).

Compensation vs Earnings: Varunbhai's compensation has increased whilst the company is unprofitable.

CEO

Varunbhai Mehta (38 yo)

1.4yrs

Tenure

₹24,868,000

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

NamePositionTenureCompensationOwnership
Priyambhai Mehta
Executive Chairman & MD42yrs₹26.36mno data
Varunbhai Mehta
Joint CEO & Executive Director1.4yrs₹24.87m18.66%
₹ 350.6m
Vishalbhai Mehta
Joint CEO & Executive Director1.4yrs₹25.13m18.66%
₹ 350.6m
Manan Shah
Chief Financial Officer5.6yrs₹5.80mno data
Amit Shah
Whole Time Director of Technical & Executive Director4.3yrs₹5.24mno data

2.9yrs

Average Tenure

Experienced Management: 540728's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Priyambhai Mehta
Executive Chairman & MD42yrs₹26.36mno data
Varunbhai Mehta
Joint CEO & Executive Director18.1yrs₹24.87m18.66%
₹ 350.6m
Vishalbhai Mehta
Joint CEO & Executive Director14.8yrs₹25.13m18.66%
₹ 350.6m
Amit Shah
Whole Time Director of Technical & Executive Director4.3yrs₹5.24mno data
Sujata Mehta
Non-Executive Director11yrs₹280.00k1.07%
₹ 20.1m
Jaysheel Hazarat
Non Executive Independent Director6yrs₹150.00kno data
Birad Yajnik
Non Executive Independent Director2.5yrs₹150.00kno data
Chiranjiv Patel
Non Executive Independent Director2yrsno datano data
Mrunal Gandhi
Directorless than a yearno datano data
Bharat Mandalia
Directorless than a yearno datano data

5.2yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 540728's board of directors are considered experienced (5.2 years average tenure).