Pidilite Industries Limited

BSE:500331 Stock Report

Market Cap: ₹1.5t

Pidilite Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bharat Puri

Chief executive officer

₹174.6m

Total compensation

CEO salary percentage36.9%
CEO tenure16.7yrs
CEO ownership0.1%
Management average tenure2yrs
Board average tenure9.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bharat Puri's remuneration changed compared to Pidilite Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹19b

Jun 30 2024n/an/a

₹18b

Mar 31 2024₹175m₹65m

₹17b

Dec 31 2023n/an/a

₹17b

Sep 30 2023n/an/a

₹15b

Jun 30 2023n/an/a

₹14b

Mar 31 2023₹151m₹61m

₹13b

Dec 31 2022n/an/a

₹12b

Sep 30 2022n/an/a

₹13b

Jun 30 2022n/an/a

₹13b

Mar 31 2022₹413m₹57m

₹12b

Dec 31 2021n/an/a

₹13b

Sep 30 2021n/an/a

₹13b

Jun 30 2021n/an/a

₹13b

Mar 31 2021₹134m₹57m

₹11b

Dec 31 2020n/an/a

₹10b

Sep 30 2020n/an/a

₹9b

Jun 30 2020n/an/a

₹9b

Mar 31 2020₹295m₹57m

₹11b

Dec 31 2019n/an/a

₹12b

Sep 30 2019n/an/a

₹11b

Jun 30 2019n/an/a

₹10b

Mar 31 2019₹248m₹55m

₹9b

Dec 31 2018n/an/a

₹9b

Sep 30 2018n/an/a

₹10b

Jun 30 2018n/an/a

₹10b

Mar 31 2018₹205m₹53m

₹10b

Compensation vs Market: Bharat's total compensation ($USD2.03M) is above average for companies of similar size in the Indian market ($USD1.06M).

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

CEO

Bharat Puri (63 yo)

16.7yrs

Tenure

₹174,600,000

Compensation

Mr. Bharat Tilakraj Puri is Additional Non-Executive Independent Director of Tata Motors Limited from June 15, 2024. Mr. Bharat Tilakraj Puri has been the Managing Director of Pidilite Industries Limited s...

Leadership Team

NamePositionTenureCompensationOwnership
Madhukar Parekh
Executive Chairman of the Board52.4yrs₹34.30m11.07%
₹ 163.3b
Bharat Puri
MD, CEO & Executive Directorno data₹174.60m0.13%
₹ 2.0b
Apurva Parekh
Executive Vice Chairman19.5yrs₹89.00m0.58%
₹ 8.5b
Sandeep Batra
Executive Director of Finance2.6yrs₹46.60mno data
Joseph Varghese
Director of Operations & Directorno data₹24.50m0.000030%
₹ 442.7k
Vivek Sharma
Chief Information & Digital Officerless than a yearno datano data
Anil Bendale
Senior Vice President of R&D CCno datano data0.00079%
₹ 11.7m
Sudhanshu Vats
Deputy MD & Director3.3yrs₹94.00m0.0091%
₹ 134.3m
Surendra Gupta
Chief Business Officer of Pigments2yrsno datano data
Kavinder Singh
Joint MD & Executive Directorless than a yearno datano data
Priykant Patel
Presidentno datano data0.011%
₹ 163.1m
Anubhav Saxena
Chief Research & Development Officerno datano data0.0013%
₹ 18.4m

2.0yrs

Average Tenure

59yo

Average Age

Experienced Management: 500331's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Madhukar Parekh
Executive Chairman of the Board52.4yrs₹34.30m11.07%
₹ 163.3b
Bharat Puri
MD, CEO & Executive Director16.7yrs₹174.60m0.13%
₹ 2.0b
Apurva Parekh
Executive Vice Chairman19.5yrs₹89.00m0.58%
₹ 8.5b
Sandeep Batra
Executive Director of Finance2.2yrs₹46.60mno data
Joseph Varghese
Director of Operations & Director2.7yrs₹24.50m0.000030%
₹ 442.7k
Sudhanshu Vats
Deputy MD & Director2.7yrs₹94.00m0.0091%
₹ 134.3m
Kavinder Singh
Joint MD & Executive Directorless than a yearno datano data
Vinod Dasari
Independent Non Executive Director9.3yrs₹4.40mno data
Sanjeev Aga
Independent Non Executive Director13.5yrs₹4.82mno data
Ajay Parekh
Non-Executive Vice Chairman39.6yrs₹14.20m9.15%
₹ 135.0b
Piyush Pandey
Non-Executive Independent Director6.8yrs₹4.10mno data
Meera Shankar
Independent Non Executive Director10.5yrs₹4.13mno data

9.9yrs

Average Tenure

63yo

Average Age

Experienced Board: 500331's board of directors are considered experienced (9.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 21:27
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Pidilite Industries Limited is covered by 34 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited
Aniruddha JoshiAnand Rathi Shares and Stock Brokers Limited