Dwarikesh Sugar Industries Management
Management criteria checks 3/4
Dwarikesh Sugar Industries' CEO is Balkishan Maheshwari, appointed in Apr 2009, has a tenure of 16.25 years. total yearly compensation is ₹17.14M, comprised of 88.8% salary and 11.2% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹4.08K. The average tenure of the management team and the board of directors is 6.6 years and 5.6 years respectively.
Key information
Balkishan Maheshwari
Chief executive officer
₹17.1m
Total compensation
| CEO salary percentage | 88.80% |
| CEO tenure | 16.3yrs |
| CEO ownership | 0.00005% |
| Management average tenure | 6.6yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
Calculating The Intrinsic Value Of Dwarikesh Sugar Industries Limited (NSE:DWARKESH)
May 15
Capital Allocation Trends At Dwarikesh Sugar Industries (NSE:DWARKESH) Aren't Ideal
Mar 24Investors Give Dwarikesh Sugar Industries Limited (NSE:DWARKESH) Shares A 25% Hiding
Mar 01These 4 Measures Indicate That Dwarikesh Sugar Industries (NSE:DWARKESH) Is Using Debt Reasonably Well
Jan 29Should You Investigate Dwarikesh Sugar Industries Limited (NSE:DWARKESH) At ₹49.79?
Jan 11Dwarikesh Sugar Industries Limited (NSE:DWARKESH) Could Be Riskier Than It Looks
Nov 30Calculating The Fair Value Of Dwarikesh Sugar Industries Limited (NSE:DWARKESH)
Oct 23These 4 Measures Indicate That Dwarikesh Sugar Industries (NSE:DWARKESH) Is Using Debt Reasonably Well
Mar 29Estimating The Intrinsic Value Of Dwarikesh Sugar Industries Limited (NSE:DWARKESH)
Oct 24Should You Be Adding Dwarikesh Sugar Industries (NSE:DWARKESH) To Your Watchlist Today?
Dec 20Investors Could Be Concerned With Dwarikesh Sugar Industries' (NSE:DWARKESH) Returns On Capital
Jun 15Here's Why I Think Dwarikesh Sugar Industries (NSE:DWARKESH) Might Deserve Your Attention Today
May 27Dwarikesh Sugar Industries (NSE:DWARKESH) Will Be Hoping To Turn Its Returns On Capital Around
Mar 03I Ran A Stock Scan For Earnings Growth And Dwarikesh Sugar Industries (NSE:DWARKESH) Passed With Ease
Feb 14Does Dwarikesh Sugar Industries (NSE:DWARKESH) Have A Healthy Balance Sheet?
Jan 04Here's What's Concerning About Dwarikesh Sugar Industries' (NSE:DWARKESH) Returns On Capital
Oct 04Here's Why Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) CEO Compensation Is The Least Of Shareholders' Concerns
Jul 14Dwarikesh Sugar Industries (NSE:DWARKESH) Knows How To Allocate Capital
Jun 28We Think Dwarikesh Sugar Industries' (NSE:DWARKESH) Healthy Earnings Might Be Conservative
May 19Investors Will Want Dwarikesh Sugar Industries' (NSE:DWARKESH) Growth In ROCE To Persist
Mar 25Does Dwarikesh Sugar Industries (NSE:DWARKESH) Have A Healthy Balance Sheet?
Feb 23Shareholders Of Dwarikesh Sugar Industries (NSE:DWARKESH) Must Be Happy With Their 175% Total Return
Feb 08Should You Be Excited About Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) 16% Return On Equity?
Jan 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | ₹17m | ₹15m | ₹233m |
| Dec 31 2024 | n/a | n/a | -₹2m |
| Sep 30 2024 | n/a | n/a | -₹11m |
| Jun 30 2024 | n/a | n/a | ₹332m |
| Mar 31 2024 | ₹16m | ₹14m | ₹835m |
| Dec 31 2023 | n/a | n/a | ₹1b |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹14m | ₹13m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹1b |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹2b |
| Mar 31 2022 | ₹13m | ₹12m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹1b |
| Sep 30 2021 | n/a | n/a | ₹1b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹12m | ₹11m | ₹915m |
| Dec 31 2020 | n/a | n/a | ₹876m |
| Sep 30 2020 | n/a | n/a | ₹846m |
| Jun 30 2020 | n/a | n/a | ₹716m |
| Mar 31 2020 | ₹13m | ₹11m | ₹735m |
| Dec 31 2019 | n/a | n/a | ₹615m |
| Sep 30 2019 | n/a | n/a | ₹809m |
| Jun 30 2019 | n/a | n/a | ₹843m |
| Mar 31 2019 | ₹13m | ₹13m | ₹951m |
Compensation vs Market: Balkishan's total compensation ($USD196.40K) is above average for companies of similar size in the Indian market ($USD41.48K).
Compensation vs Earnings: Balkishan's compensation has been consistent with company performance over the past year.
CEO
Balkishan Maheshwari (65 yo)
Mr. Balkishan Jawarilal Maheshwari has been the Managing Director of Dwarikesh Sugar Industries Limited since May 7, 2018, serves as its Company Secretary and Chief Compliance Officer since 2009. Mr. Mahes...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 6.5yrs | ₹27.52m | 15.74% ₹ 1.3b | |
| MD, Company Secretary & Chief Compliance Officer | 16.3yrs | ₹17.14m | 0.000050% ₹ 4.1k | |
| MD & Executive Director | 7.2yrs | ₹17.05m | 0.000050% ₹ 4.1k | |
| Chief Financial Officer | 3.8yrs | ₹5.73m | no data | |
| President of Corporate Affairs & Whole-Time Director | 6yrs | ₹6.43m | 0.94% ₹ 76.4m | |
| General Manager of Human Resources Department | no data | no data | no data | |
| Senior Executive Vice President (Corporate) | 2.5yrs | no data | no data | |
| Senior Executive Vice President of Works – Dwarikesh Dham | no data | no data | no data |
Experienced Management: DWARKESH's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 6.5yrs | ₹27.52m | 15.74% ₹ 1.3b | |
| MD, Company Secretary & Chief Compliance Officer | 16.2yrs | ₹17.14m | 0.000050% ₹ 4.1k | |
| MD & Executive Director | 16.2yrs | ₹17.05m | 0.000050% ₹ 4.1k | |
| President of Corporate Affairs & Whole-Time Director | less than a year | ₹6.43m | 0.94% ₹ 76.4m | |
| Independent Non-Executive Director | 9.8yrs | ₹527.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 8.4yrs | ₹462.00k | no data | |
| Independent Non-Executive Director | 4.7yrs | ₹462.00k | no data | |
| Independent Non-Executive Director | 4.7yrs | ₹462.00k | no data | |
| Independent Woman | less than a year | no data | no data |
Experienced Board: DWARKESH's board of directors are considered experienced (5.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/30 12:09 |
| End of Day Share Price | 2025/07/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Dwarikesh Sugar Industries Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rajesh Majumdar | Batlivala & Karani Securities India Pvt. Ltd. |
| Nandan Chakraborty | DAM Capital Advisors |
| Sanjay Manyal | DAM Capital Advisors |