ADF Foods Management

Management criteria checks 2/4

ADF Foods' CEO is Bimal Thakkar, appointed in Jun 2018, has a tenure of 6.42 years. directly owns 26.82% of the company’s shares, worth ₹9.53B. The average tenure of the management team and the board of directors is 5 years and 4.8 years respectively.

Key information

Bimal Thakkar

Chief executive officer

₹48.5m

Total compensation

CEO salary percentagen/a
CEO tenure6.4yrs
CEO ownership26.8%
Management average tenure5yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

ADF Foods' (NSE:ADFFOODS) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 04
ADF Foods' (NSE:ADFFOODS) Shareholders May Want To Dig Deeper Than Statutory Profit

Returns On Capital Signal Tricky Times Ahead For ADF Foods (NSE:ADFFOODS)

Oct 26
Returns On Capital Signal Tricky Times Ahead For ADF Foods (NSE:ADFFOODS)

ADF Foods Limited's (NSE:ADFFOODS) 29% Price Boost Is Out Of Tune With Earnings

Sep 13
ADF Foods Limited's (NSE:ADFFOODS) 29% Price Boost Is Out Of Tune With Earnings

Here's Why We Think ADF Foods (NSE:ADFFOODS) Might Deserve Your Attention Today

Aug 28
Here's Why We Think ADF Foods (NSE:ADFFOODS) Might Deserve Your Attention Today

ADF Foods Limited's (NSE:ADFFOODS) Shares Climb 26% But Its Business Is Yet to Catch Up

Apr 30
ADF Foods Limited's (NSE:ADFFOODS) Shares Climb 26% But Its Business Is Yet to Catch Up

Why ADF Foods Limited (NSE:ADFFOODS) Could Be Worth Watching

Mar 02
Why ADF Foods Limited (NSE:ADFFOODS) Could Be Worth Watching

ADF Foods' (NSE:ADFFOODS) Dividend Will Be Increased To ₹5.00

Jul 31
ADF Foods' (NSE:ADFFOODS) Dividend Will Be Increased To ₹5.00

ADF Foods (NSE:ADFFOODS) Will Pay A Larger Dividend Than Last Year At ₹5.00

Jul 08
ADF Foods (NSE:ADFFOODS) Will Pay A Larger Dividend Than Last Year At ₹5.00

Should You Investigate ADF Foods Limited (NSE:ADFFOODS) At ₹1,121?

Jul 04
Should You Investigate ADF Foods Limited (NSE:ADFFOODS) At ₹1,121?

ADF Foods (NSE:ADFFOODS) Will Pay A Larger Dividend Than Last Year At ₹5.00

May 11
ADF Foods (NSE:ADFFOODS) Will Pay A Larger Dividend Than Last Year At ₹5.00

ADF Foods (NSE:ADFFOODS) Is Experiencing Growth In Returns On Capital

Apr 02
ADF Foods (NSE:ADFFOODS) Is Experiencing Growth In Returns On Capital

ADF Foods (NSE:ADFFOODS) Could Easily Take On More Debt

Jan 05
ADF Foods (NSE:ADFFOODS) Could Easily Take On More Debt

If You Like EPS Growth Then Check Out ADF Foods (NSE:ADFFOODS) Before It's Too Late

Dec 07
If You Like EPS Growth Then Check Out ADF Foods (NSE:ADFFOODS) Before It's Too Late

It's Unlikely That ADF Foods Limited's (NSE:ADFFOODS) CEO Will See A Huge Pay Rise This Year

Sep 17
It's Unlikely That ADF Foods Limited's (NSE:ADFFOODS) CEO Will See A Huge Pay Rise This Year

ADF Foods (NSE:ADFFOODS) Could Become A Multi-Bagger

Sep 06
ADF Foods (NSE:ADFFOODS) Could Become A Multi-Bagger

Does ADF Foods (NSE:ADFFOODS) Deserve A Spot On Your Watchlist?

Aug 04
Does ADF Foods (NSE:ADFFOODS) Deserve A Spot On Your Watchlist?

Investors Should Be Encouraged By ADF Foods' (NSE:ADFFOODS) Returns On Capital

May 26
Investors Should Be Encouraged By ADF Foods' (NSE:ADFFOODS) Returns On Capital

Is Now The Time To Put ADF Foods (NSE:ADFFOODS) On Your Watchlist?

May 04
Is Now The Time To Put ADF Foods (NSE:ADFFOODS) On Your Watchlist?

Are Strong Financial Prospects The Force That Is Driving The Momentum In ADF Foods Limited's NSE:ADFFOODS) Stock?

Mar 03
Are Strong Financial Prospects The Force That Is Driving The Momentum In ADF Foods Limited's NSE:ADFFOODS) Stock?

ADF Foods Limited's (NSE:ADFFOODS) 0.4% Dividend Yield Looks Pretty Interesting

Feb 16
ADF Foods Limited's (NSE:ADFFOODS) 0.4% Dividend Yield Looks Pretty Interesting

Does ADF Foods (NSE:ADFFOODS) Deserve A Spot On Your Watchlist?

Feb 01
Does ADF Foods (NSE:ADFFOODS) Deserve A Spot On Your Watchlist?

At ₹595, Is It Time To Put ADF Foods Limited (NSE:ADFFOODS) On Your Watch List?

Jan 19
At ₹595, Is It Time To Put ADF Foods Limited (NSE:ADFFOODS) On Your Watch List?

Shareholders Are Raving About How The ADF Foods (NSE:ADFFOODS) Share Price Increased 625%

Jan 06
Shareholders Are Raving About How The ADF Foods (NSE:ADFFOODS) Share Price Increased 625%

Have ADF Foods Limited (NSE:ADFFOODS) Insiders Been Selling Their Stock?

Jan 06
Have ADF Foods Limited (NSE:ADFFOODS) Insiders Been Selling Their Stock?

Do Insiders Own Lots Of Shares In ADF Foods Limited (NSE:ADFFOODS)?

Dec 24
Do Insiders Own Lots Of Shares In ADF Foods Limited (NSE:ADFFOODS)?

CEO Compensation Analysis

How has Bimal Thakkar's remuneration changed compared to ADF Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹793m

Jun 30 2024n/an/a

₹753m

Mar 31 2024₹49mn/a

₹753m

Dec 31 2023n/an/a

₹658m

Sep 30 2023n/an/a

₹649m

Jun 30 2023n/an/a

₹635m

Mar 31 2023₹38mn/a

₹561m

Dec 31 2022n/an/a

₹510m

Sep 30 2022n/an/a

₹458m

Jun 30 2022n/an/a

₹446m

Mar 31 2022₹34mn/a

₹481m

Dec 31 2021n/an/a

₹518m

Sep 30 2021n/an/a

₹525m

Jun 30 2021n/an/a

₹526m

Mar 31 2021₹28mn/a

₹501m

Dec 31 2020n/an/a

₹484m

Sep 30 2020n/an/a

₹455m

Jun 30 2020n/an/a

₹422m

Mar 31 2020₹32m₹804k

₹428m

Dec 31 2019n/an/a

₹326m

Sep 30 2019n/an/a

₹267m

Jun 30 2019n/an/a

₹285m

Mar 31 2019₹10m₹8m

₹253m

Dec 31 2018n/an/a

₹290m

Sep 30 2018n/an/a

₹243m

Jun 30 2018n/an/a

₹191m

Mar 31 2018₹6m₹5m

₹181m

Compensation vs Market: Bimal's total compensation ($USD575.32K) is above average for companies of similar size in the Indian market ($USD269.25K).

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


CEO

Bimal Thakkar (59 yo)

6.4yrs

Tenure

₹48,504,882

Compensation

Mr. Bimal Ramesh Thakkar, B.Com., Diploma (Export) had been an Independent & Non-Executive Director of Saurashtra Cement Ltd. since April 29, 2009 until April 1, 2024. He has been an Executive Chairman of...


Leadership Team

NamePositionTenureCompensationOwnership
Bimal Thakkar
Executive Chairman6.4yrs₹48.50m26.82%
₹ 9.5b
Shardul Doshi
Chief Financial Officer4.3yrs₹12.06mno data
Arjuun Guuha
Director of Operations & Additional Whole Time Director1.2yrs₹12.18mno data
Balark Banerjea
President of Indian Domestic Business1.1yrs₹5.62mno data
Purvi Dwivedi
General Manager of Accounts5.8yrsno datano data
Shalaka Ovalekar
Compliance Officer14.1yrs₹3.20mno data
Maneck Katpitia
Vice President of International Operations & Supply Chainno datano datano data
Sanjay Hatwar
General Manager of Nasikno datano datano data
Balbir Singh
Vice President - Manufacturingno datano datano data
Deepak Nachane
Head of Purchaseno datano datano data
Upinder Thakur
Country Manager of UKno datano datano data
Masud Sethi
Country Manager of Canadano datano datano data

5.0yrs

Average Tenure

Experienced Management: ADFFOODS's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bimal Thakkar
Executive Chairman21.5yrs₹48.50m26.82%
₹ 9.5b
Arjuun Guuha
Director of Operations & Additional Whole Time Director1.1yrs₹12.18mno data
Manmohan Srivastava
Non-Executive Independent Directorless than a yearno datano data
Deepa Harris
Non Executive Independent Director4.7yrs₹550.00k0.11%
₹ 40.4m
Chandir Gidwani
Non-Executive Independent Director4.8yrs₹700.00k0.096%
₹ 34.0m
Jay Mehta
Non-Executive Non Independent Director5.8yrs₹320.00k0.34%
₹ 121.3m
Viren Merchant
Non-Executive Non-Independent Director19yrs₹310.00k0.23%
₹ 80.9m
Pheroze Mistry
Non-Executive Independent Director1.2yrs₹150.00kno data
Ravinder Jain
Independent Non-Executive Director17.1yrs₹600.00k0.43%
₹ 151.7m

4.8yrs

Average Tenure

62yo

Average Age

Experienced Board: ADFFOODS's board of directors are considered experienced (4.8 years average tenure).