Unjha Formulations Management
Management criteria checks 3/4
Unjha Formulations' CEO is Kruti Patel, appointed in May 2023, has a tenure of 11.67 years. total yearly compensation is ₹519.98K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 14.89% of the company’s shares, worth ₹15.13M. The average tenure of the management team and the board of directors is 4.3 years and 9.3 years respectively.
Key information
Kruti Patel
Chief executive officer
₹520.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | less than a year |
| CEO ownership | 14.9% |
| Management average tenure | 4.3yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹2m |
| Sep 30 2023 | n/a | n/a | -₹2m |
| Jun 30 2023 | n/a | n/a | ₹4m |
| Mar 31 2023 | ₹520k | ₹520k | ₹3m |
| Dec 31 2022 | n/a | n/a | ₹4m |
| Sep 30 2022 | n/a | n/a | ₹6m |
| Jun 30 2022 | n/a | n/a | -₹2m |
| Mar 31 2022 | ₹275k | ₹275k | ₹3m |
| Dec 31 2021 | n/a | n/a | ₹591k |
| Sep 30 2021 | n/a | n/a | -₹312k |
| Jun 30 2021 | n/a | n/a | ₹3m |
| Mar 31 2021 | ₹455k | ₹455k | ₹1m |
| Dec 31 2020 | n/a | n/a | ₹696k |
| Sep 30 2020 | n/a | n/a | ₹2m |
| Jun 30 2020 | n/a | n/a | ₹2m |
| Mar 31 2020 | ₹455k | ₹455k | ₹3m |
| Dec 31 2019 | n/a | n/a | ₹5m |
| Sep 30 2019 | n/a | n/a | ₹5m |
| Jun 30 2019 | n/a | n/a | ₹5m |
| Mar 31 2019 | ₹455k | ₹455k | ₹3m |
| Dec 31 2018 | n/a | n/a | ₹2m |
| Sep 30 2018 | n/a | n/a | ₹3m |
| Jun 30 2018 | n/a | n/a | ₹4m |
| Mar 31 2018 | ₹455k | ₹455k | ₹3m |
Compensation vs Market: Kruti's total compensation ($USD6.23K) is below average for companies of similar size in the Indian market ($USD39.30K).
Compensation vs Earnings: Kruti's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Kruti Patel (60 yo)
less than a year
Tenure
₹519,984
Compensation
Mrs. Krutiben Mayankkumar Patel, also known as Kruti, had been a Whole-Time Director of Unjha Formulations Limited since September 1, 2012 until May 10, 2023 and has been its Managing Director since May 10...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | less than a year | ₹519.98k | 14.89% ₹ 15.1m | |
| Chief Financial Officer | 8.7yrs | no data | no data | |
| Company Secretary & Compliance Officer | 4.3yrs | no data | no data |
4.3yrs
Average Tenure
Experienced Management: 531762's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 11.7yrs | ₹519.98k | 14.89% ₹ 15.1m | |
| Independent Non-Executive Director | 23yrs | no data | no data | |
| Chairman | 10.3yrs | no data | 16.51% ₹ 16.8m | |
| Independent Non-Executive Director | 8.3yrs | no data | no data | |
| Director | less than a year | no data | 1.6% ₹ 1.6m | |
| Independent & Non-Executive Director | 3.3yrs | no data | no data |
9.3yrs
Average Tenure
60.5yo
Average Age
Experienced Board: 531762's board of directors are considered experienced (9.3 years average tenure).