ADF Foods Management

Management criteria checks 3/4

ADF Foods' CEO is Bimal Thakkar, appointed in Jun 2018, has a tenure of 5.92 years. directly owns 26.82% of the company’s shares, worth ₹6.69B. The average tenure of the management team and the board of directors is 4.5 years and 5.3 years respectively.

Key information

Bimal Thakkar

Chief executive officer

₹37.7m

Total compensation

CEO salary percentagen/a
CEO tenure5.9yrs
CEO ownership26.8%
Management average tenure4.5yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

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)?

Don't Ignore The Fact That This Insider Just Sold Some Shares In ADF Foods Limited (NSE:ADFFOODS)

Dec 12
Don't Ignore The Fact That This Insider Just Sold Some Shares In ADF Foods Limited (NSE:ADFFOODS)

Should You Rely On ADF Foods's (NSE:ADFFOODS) Earnings Growth?

Dec 10
Should You Rely On ADF Foods's (NSE:ADFFOODS) Earnings Growth?

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

Nov 28
Have ADF Foods Limited (NSE:ADFFOODS) Insiders Been Selling Their Stock?

Are Robust Financials Driving The Recent Rally In ADF Foods Limited's (NSE:ADFFOODS) Stock?

Nov 27
Are Robust Financials Driving The Recent Rally In ADF Foods Limited's (NSE:ADFFOODS) Stock?

Is ADF Foods Limited (NSE:ADFFOODS) An Attractive Dividend Stock?

Nov 15
Is ADF Foods Limited (NSE:ADFFOODS) An Attractive Dividend Stock?

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

Nov 02
Does ADF Foods (NSE:ADFFOODS) Deserve A Spot On Your Watchlist?

Is Now An Opportune Moment To Examine ADF Foods Limited (NSE:ADFFOODS)?

Oct 21
Is Now An Opportune Moment To Examine ADF Foods Limited (NSE:ADFFOODS)?

Did The Underlying Business Drive ADF Foods' (NSE:ADFFOODS) Lovely 333% Share Price Gain?

Oct 08
Did The Underlying Business Drive ADF Foods' (NSE:ADFFOODS) Lovely 333% Share Price Gain?

What Percentage Of ADF Foods Limited (NSE:ADFFOODS) Shares Do Insiders Own?

Sep 25
What Percentage Of ADF Foods Limited (NSE:ADFFOODS) Shares Do Insiders Own?

Have Insiders Sold ADF Foods Limited (NSE:ADFFOODS) Shares Recently?

Sep 14
Have Insiders Sold ADF Foods Limited (NSE:ADFFOODS) Shares Recently?

Will The ROCE Trend At ADF Foods (NSE:ADFFOODS) Continue?

Sep 04
Will The ROCE Trend At ADF Foods (NSE:ADFFOODS) Continue?

Who Has Been Buying ADF Foods Limited (NSE:ADFFOODS) Shares?

Aug 23
Who Has Been Buying ADF Foods Limited (NSE:ADFFOODS) Shares?

CEO Compensation Analysis

How has Bimal Thakkar's remuneration changed compared to ADF Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD451.29K) is above average for companies of similar size in the Indian market ($USD185.58K).

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


CEO

Bimal Thakkar (58 yo)

5.9yrs

Tenure

₹37,670,635

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 Chairman5.9yrs₹37.67m26.82%
₹ 6.7b
Shardul Doshi
Chief Financial Officer3.8yrs₹10.36mno data
Purvi Dwivedi
General Manager of Accounts5.3yrsno datano data
Shalaka Ovalekar
Compliance Officer13.6yrs₹3.20mno data
Balark Banerjea
President of Indian Domestic Businessless than a yearno datano data
Sumer Thakkar
Manager of Business & Strategy Development3.8yrsno data2.63%
₹ 656.8m

4.5yrs

Average Tenure

Experienced Management: ADFFOODS's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bimal Thakkar
Executive Chairman21yrs₹37.67m26.82%
₹ 6.7b
Deepa Harris
Non Executive Independent Director4.2yrs₹600.00k0.11%
₹ 28.4m
Chandir Gidwani
Non-Executive Independent Director4.3yrs₹750.00k0.096%
₹ 23.8m
Jay Mehta
Non-Executive Non Independent Director5.3yrs₹420.00k0.34%
₹ 85.1m
Viren Merchant
Non-Executive Non-Independent Director18.5yrs₹480.00k0.47%
₹ 117.4m
Ravinder Jain
Independent Non-Executive Director16.6yrs₹700.00k0.46%
₹ 115.6m
Arjuun Guuha
Additional Directorless than a yearno datano data

5.3yrs

Average Tenure

60yo

Average Age

Experienced Board: ADFFOODS's board of directors are considered experienced (5.3 years average tenure).


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