Unjha Formulations Limited

BSE:531762 Stock Report

Market Cap: ₹125.6m

Unjha Formulations Management

Management criteria checks 4/4

Unjha Formulations' CEO is Kruti Patel, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is ₹1.24M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 14.89% of the company’s shares, worth ₹18.71M. The average tenure of the management team and the board of directors is 4.8 years and 9.8 years respectively.

Key information

Kruti Patel

Chief executive officer

₹1.2m

Total compensation

CEO salary percentage100.0%
CEO tenure1.5yrs
CEO ownership14.9%
Management average tenure4.8yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kruti Patel's remuneration changed compared to Unjha Formulations's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹8m

Jun 30 2024n/an/a

₹8m

Mar 31 2024₹1m₹1m

₹3m

Dec 31 2023n/an/a

₹2m

Sep 30 2023n/an/a

-₹2m

Jun 30 2023n/an/a

₹4m

Mar 31 2023₹520k₹520k

₹3m

Dec 31 2022n/an/a

₹4m

Sep 30 2022n/an/a

₹6m

Jun 30 2022n/an/a

-₹2m

Mar 31 2022₹275k₹275k

₹3m

Dec 31 2021n/an/a

₹591k

Sep 30 2021n/an/a

-₹312k

Jun 30 2021n/an/a

₹3m

Mar 31 2021₹455k₹455k

₹1m

Dec 31 2020n/an/a

₹696k

Sep 30 2020n/an/a

₹2m

Jun 30 2020n/an/a

₹2m

Mar 31 2020₹455k₹455k

₹3m

Dec 31 2019n/an/a

₹5m

Sep 30 2019n/an/a

₹5m

Jun 30 2019n/an/a

₹5m

Mar 31 2019₹455k₹455k

₹3m

Dec 31 2018n/an/a

₹2m

Sep 30 2018n/an/a

₹3m

Jun 30 2018n/an/a

₹4m

Mar 31 2018₹455k₹455k

₹3m

Compensation vs Market: Kruti's total compensation ($USD14.65K) is below average for companies of similar size in the Indian market ($USD42.67K).

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

CEO

Kruti Patel (61 yo)

1.5yrs

Tenure

₹1,236,804

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

NamePositionTenureCompensationOwnership
Krutiben Patel
MD, Compliance Officer & Director1.5yrs₹1.24m14.89%
₹ 18.7m
Ganpatbhai Prajapati
Chief Financial Officer9.2yrsno datano data
Jigar Ray
Company Secretary4.8yrsno datano data

4.8yrs

Average Tenure

Experienced Management: 531762's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Krutiben Patel
MD, Compliance Officer & Director12.2yrs₹1.24m14.89%
₹ 18.7m
Hasmukh Darji
Independent Non-Executive Director23.5yrsno datano data
Jashodaben Patel
Chairman10.8yrsno data16.51%
₹ 20.7m
Jitendrakumar Limbachiya
Independent Non-Executive Director8.8yrsno datano data
Esha Patel
Director1.5yrs₹541.73k1.6%
₹ 2.0m
Mustufa Najmuddin Jodhpurwala
Independent & Non-Executive Director3.8yrsno datano data

9.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 531762's board of directors are considered experienced (9.8 years average tenure).