I G Petrochemicals Limited

BSE:500199 Stock Report

Market Cap: ₹17.5b

I G Petrochemicals Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nikunj Dhanuka

Chief executive officer

₹24.2m

Total compensation

CEO salary percentage70.3%
CEO tenure26.3yrs
CEO ownership0.1%
Management average tenureno data
Board average tenure9.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nikunj Dhanuka's remuneration changed compared to I G Petrochemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹389m

Mar 31 2024₹24m₹17m

₹395m

Dec 31 2023n/an/a

₹686m

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹59m₹17m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹68m₹13m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹52m₹9m

₹2b

Dec 31 2020n/an/a

₹922m

Sep 30 2020n/an/a

₹338m

Jun 30 2020n/an/a

₹140m

Mar 31 2020₹17m₹9m

₹209m

Dec 31 2019n/an/a

₹350m

Sep 30 2019n/an/a

₹481m

Jun 30 2019n/an/a

₹853m

Mar 31 2019₹37m₹6m

₹1b

Mar 31 2018₹44m₹6m

₹1b

Compensation vs Market: Nikunj's total compensation ($USD288.34K) is above average for companies of similar size in the Indian market ($USD179.47K).

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


CEO

Nikunj Dhanuka (57 yo)

26.3yrs

Tenure

₹24,249,000

Compensation

Mr. Nikunj Dhanuka, B.Com has been the Managing Director of IG Petrochemicals Ltd. since April 27, 2006 and serves as its Chief Executive Officer. Mr. Dhanuka has been a Director of Mysore Petro Chemicals...


Board Members

NamePositionTenureCompensationOwnership
Nikunj Dhanuka
MD, CEO & Executive Director26.3yrs₹24.25m0.13%
₹ 23.3m
Madan Mohan Hanuman Dhanuka
Non-Executive Chairman36.1yrs₹7.20m0.34%
₹ 59.5m
Shrikant Somani
Independent Directorless than a yearno datano data
Arjun Kumar Rathi
Non-Executive & Independent Director15.3yrs₹820.00k0.00032%
₹ 55.9k
Girija Balakrishnan
Independent Directorless than a yearno datano data
Vaijayanti Pandit
Non-Executive & Independent Director9.7yrs₹760.00kno data
Sagar Jadhav
Executive Directorless than a yearno datano data

9.7yrs

Average Tenure

64yo

Average Age

Experienced Board: 500199's board of directors are considered experienced (9.7 years average tenure).