Pidilite Industries Limited

BSE:500331 Stock Report

Mkt Cap: ₹1.2t

Pidilite Industries Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Bharat Puri (61 yo)

14.67yrs

Tenure

₹412,900,000

Compensation

Mr. Bharat Tilakraj Puri has been the Managing Director of Pidilite Industries Limited since April 10, 2015 and has been its Executive Director since May 28, 2008. Mr. Puri serves as the Chief Executive Of...


CEO Compensation Analysis

How has Bharat Puri's remuneration changed compared to Pidilite Industries's earnings?
DateTotal Comp.SalaryCompany Earnings
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

Dec 31 2017n/an/a

₹9b

Sep 30 2017n/an/a

₹8b

Jun 30 2017n/an/a

₹8b

Mar 31 2017₹119m₹52m

₹9b

Dec 31 2016n/an/a

₹8b

Sep 30 2016n/an/a

₹8b

Jun 30 2016n/an/a

₹8b

Mar 31 2016₹113m₹47m

₹8b

Compensation vs Market: Bharat's total compensation ($USD5.07M) is above average for companies of similar size in the Indian market ($USD1.31M).

Compensation vs Earnings: Bharat's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Madhukar Parekh
Executive Chairman of the Board50.42yrs₹35.70m10.14%
₹ 119.4b
Bharat Puri
MD, CEO & Executive Director7.75yrs₹412.90m0.089%
₹ 1.0b
Ajay Parekh
Executive Vice Chairman37.58yrs₹13.50m9.71%
₹ 114.3b
Debabrata Gupta
President of Operations0.083yr₹24.30mno data
Saswata Dhar
President – Legal and Secretariano datano datano data
Vinay Subramanyam
Chief Marketing Officerno datano datano data
Rahul Sinha
Chief Human Resource Officerno datano data0.00042%
₹ 4.9m
Apurva Parekh
Whole-Time Directorno data₹64.40m0.61%
₹ 7.1b
Sanjay Bahadur
Chief Strategy & Business Development Officer of Construction Chemicalsno datano data0.0027%
₹ 31.2m
Rajesh Balakrishnan
Chief Business Officer of Industrial Products Division2yrsno data0.0019%
₹ 22.2m
Salil Dalal
Chief Business Officer of Emerging India4.5yrsno data0.0014%
₹ 16.4m
Yogesh Anand
Chief Business Officer of International Operationsno datano data0.00071%
₹ 8.4m

3.3yrs

Average Tenure

60yo

Average Age

Experienced Management: 500331's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Madhukar Parekh
Executive Chairman of the Board50.42yrs₹35.70m10.14%
₹ 119.4b
Bharat Puri
MD, CEO & Executive Director14.67yrs₹412.90m0.089%
₹ 1.0b
Ajay Parekh
Executive Vice Chairman37.58yrs₹13.50m9.71%
₹ 114.3b
Apurva Parekh
Whole-Time Director17.5yrs₹64.40m0.61%
₹ 7.1b
Sudhanshu Vats
Deputy MD & Additional Director0.67yrno datano data
Sandeep Batra
CFO & Whole - Time Director1yr₹14.44mno data
Joseph Varghese
Director of Operations & Whole Time Director0.67yrno datano data
Bansidhar Mehta
Independent Non Executive Director22.5yrs₹3.73m0.0049%
₹ 57.2m
Narendrakumar Parekh
Non-Executive Vice Chairman53.5yrs₹3.67m10.68%
₹ 125.7b
Sanjeev Aga
Independent Non Executive Director11.5yrs₹3.79m0.00016%
₹ 1.9m
Uday Khanna
Independent Non Executive Director8.75yrs₹3.43m0.00098%
₹ 11.5m
Meera Shankar
Independent Non Executive Director8.5yrs₹3.06mno data

13.1yrs

Average Tenure

71yo

Average Age

Experienced Board: 500331's board of directors are seasoned and experienced ( 13.1 years average tenure).