Zenlabs Ethica Management

Management criteria checks 2/4

Zenlabs Ethica's CEO is Sanjeev Singal, appointed in Sep 2009, has a tenure of 14.83 years. directly owns 13.17% of the company’s shares, worth ₹36.19M. The average tenure of the management team and the board of directors is 1 years and 7.9 years respectively.

Key information

Sanjeev Singal

Chief executive officer

₹5.0m

Total compensation

CEO salary percentage	n/a
CEO tenure	14.8yrs
CEO ownership	13.2%
Management average tenure	less than a year
Board average tenure	7.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjeev Singal's remuneration changed compared to Zenlabs Ethica's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹4m
Dec 31 2023	n/a	n/a	-₹1m
Sep 30 2023	n/a	n/a	-₹1m
Jun 30 2023	n/a	n/a	₹2m
Mar 31 2023	₹5m	n/a	₹5m
Dec 31 2022	n/a	n/a	₹9m
Sep 30 2022	n/a	n/a	₹10m
Jun 30 2022	n/a	n/a	₹9m
Mar 31 2022	₹5m	n/a	₹8m
Dec 31 2021	n/a	n/a	₹11m
Sep 30 2021	n/a	n/a	₹11m
Jun 30 2021	n/a	n/a	₹10m
Mar 31 2021	₹5m	n/a	₹8m
Dec 31 2020	n/a	n/a	₹5m
Sep 30 2020	n/a	n/a	-₹1m
Jun 30 2020	n/a	n/a	-₹7m
Mar 31 2020	₹5m	₹5m	-₹7m
Dec 31 2019	n/a	n/a	-₹7m
Sep 30 2019	n/a	n/a	-₹55k
Jun 30 2019	n/a	n/a	₹8m
Mar 31 2019	₹5m	₹5m	₹13m
Dec 31 2018	n/a	n/a	₹15m
Sep 30 2018	n/a	n/a	₹17m
Jun 30 2018	n/a	n/a	₹17m
Mar 31 2018	₹5m	₹5m	₹12m

Compensation vs Market: Sanjeev's total compensation ($USD59.67K) is above average for companies of similar size in the Indian market ($USD38.09K).

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

CEO

Sanjeev Singal (55 yo)

14.8yrs

Tenure

₹4,980,000

Compensation

Mr. Sanjeev Kumar Singal has been Managing Director of Zenlabs Ethica Ltd. (formerly known as-Zenlabs Ethica Limited) since September 1, 2009 and serves as its Chairman of the board and Chief Executive Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sanjeev Singal	Chairman of the Board	14.8yrs	₹4.98m	13.17% ₹ 36.2m
Sanjay Dhir	Whole Time Director	no data	₹3.72m	13.18% ₹ 36.2m
Adarsh Sharma	Chief Financial Officer	less than a year	no data	no data
Akshay Saxena	Company Secretary & Compliance Officer	less than a year	no data	no data
Him Jyoti	Executive Women Director	no data	no data	0.015% ₹ 42.2k

1.0yrs

Average Tenure

53yo

Average Age

Experienced Management: 530697's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Sanjeev Singal	Chairman of the Board	9.8yrs	₹4.98m	13.17% ₹ 36.2m
Sanjay Dhir	Whole Time Director	7.9yrs	₹3.72m	13.18% ₹ 36.2m
Him Jyoti	Executive Women Director	9.3yrs	no data	0.015% ₹ 42.2k
Anurag Malhotra	Independent Non-Executive Director	7.9yrs	no data	no data
Kuldeep Singh	Independent Director	5.1yrs	₹954.00k	no data

7.9yrs

Average Tenure

55yo

Average Age

Experienced Board: 530697's board of directors are considered experienced (7.9 years average tenure).

Zenlabs Ethica Management

Management criteria checks 2/4

Key information

Recent management updates

Zenlabs Ethica Limited Announces Resignation of Ashok Gupta as Independent Director of the Company with Immediate Effect from the Close of Business Hours of 18Th October 2023

Zenlabs Ethica Limited, Annual General Meeting, Sep 30, 2023

Zenlabs Ethica Limited Announces Executive Changes

Zenlabs Ethica Limited Appoints Hitesh Popatlal Oswal as the Additional Director

Insufficient new directors

Zenlabs Ethica Limited, Annual General Meeting, Sep 30, 2022

Recent updates

Full year 2024 earnings released: EPS: ₹0.65 (vs ₹0.75 in FY 2023)

Third quarter 2024 earnings released: EPS: ₹0.18 (vs ₹0.16 in 3Q 2023)

Zenlabs Ethica Limited to Report Q3, 2024 Results on Jan 29, 2024

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: ₹0.14 (vs ₹0.64 in 2Q 2023)

Zenlabs Ethica Limited to Report Q2, 2024 Results on Nov 06, 2023

Zenlabs Ethica Limited Announces Resignation of Ashok Gupta as Independent Director of the Company with Immediate Effect from the Close of Business Hours of 18Th October 2023

Zenlabs Ethica Limited, Annual General Meeting, Sep 30, 2023

New major risk - Financial position

Investor sentiment improves as stock rises 20%

Zenlabs Ethica Limited Announces Executive Changes

Full year 2023 earnings released: EPS: ₹0.75 (vs ₹1.26 in FY 2022)

Zenlabs Ethica Limited to Report Q4, 2023 Results on May 24, 2023

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 21%

Third quarter 2023 earnings released: EPS: ₹0.16 (vs ₹0.38 in 3Q 2022)

Investor sentiment improves as stock rises 30%

Zenlabs Ethica Limited to Report Q3, 2023 Results on Feb 09, 2023

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Zenlabs Ethica Limited Appoints Hitesh Popatlal Oswal as the Additional Director

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹0.64 (vs ₹0.39 in 2Q 2022)

Zenlabs Ethica Limited to Report Q2, 2023 Results on Oct 18, 2022

Investor sentiment deteriorated over the past week

Zenlabs Ethica Limited, Annual General Meeting, Sep 30, 2022

Zenlabs Ethica Limited, Annual General Meeting, Sep 30, 2022

Investor sentiment improved over the past week

Insufficient new directors

Zenlabs Ethica Limited Declares Interim Dividend, Payable on or Before August 18, 2022

First quarter 2023 earnings released: EPS: ₹0.56 (vs ₹0.46 in 1Q 2022)

Investor sentiment improved over the past week

Insufficient new directors

Zenlabs Ethica Limited Announces Appointment of Tanvi Chhabra as Company Secretary and Compliance Officer

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Zenlabs Ethica Limited Announces Resignation of Divya Gupta as Company Secretary and Compliance Officer

Zenlabs Ethica Limited to Report Fiscal Year 2022 Final Results on May 10, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Zenlabs Ethica Limited to Report Q3, 2022 Results on Feb 14, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹0.39 (vs ₹0.45 in 2Q 2021)

Non-Executive Director Satish Kumar has left the company

Independent Non-Executive Director Chander Baweja has left the company

Non Executive Director Harpreet Kalra has left the company

First quarter 2022 earnings released: EPS ₹0.46 (vs ₹0.15 in 1Q 2021)

Company Secretary & Compliance Officer Ginny Uppal has left the company

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹1.41 (vs ₹1.13 loss in FY 2020)

Investor sentiment improved over the past week

New 90-day low: ₹28.65

Third quarter 2021 earnings released: EPS ₹0.30 (vs ₹0.62 loss in 3Q 2020)

New 90-day high: ₹32.35

New 90-day high: ₹27.80

Zenlabs Ethica Limited Announces Resignation of Nayan Deep Kaur as Company Secretary and Compliance Officer

New 90-day high: ₹27.30

First quarter earnings released

Zenlabs Ethica Limited to Report Q1, 2020 Results on Sep 08, 2020

New 90-day high - ₹25.65

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members