Ambuja Cements Management

Management criteria checks 2/4

Ambuja Cements' CEO is Ajay Kapur, appointed in Sep 2022, has a tenure of 1.58 years. directly owns 0.039% of the company’s shares, worth ₹616.80M. The average tenure of the management team and the board of directors is 0.9 years and 1.6 years respectively.

Key information

Ajay Kapur

Chief executive officer

₹33.5m

Total compensation

CEO salary percentage	n/a
CEO tenure	1.6yrs
CEO ownership	0.04%
Management average tenure	less than a year
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajay Kapur's remuneration changed compared to Ambuja Cements's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹32b
Sep 30 2023	n/a	n/a	₹28b
Jun 30 2023	n/a	n/a	₹21b
Mar 31 2023	₹34m	n/a	₹19b
Dec 31 2022	n/a	n/a	₹19b
Sep 30 2022	n/a	n/a	₹18b
Jun 30 2022	n/a	n/a	₹24b
Mar 31 2022	n/a	n/a	₹25b
Dec 31 2021	n/a	n/a	₹28b
Sep 30 2021	n/a	n/a	₹32b
Jun 30 2021	n/a	n/a	₹32b
Mar 31 2021	n/a	n/a	₹28b
Dec 31 2020	n/a	n/a	₹24b
Sep 30 2020	n/a	n/a	₹22b
Jun 30 2020	n/a	n/a	₹20b
Mar 31 2020	n/a	n/a	₹22b
Dec 31 2019	₹72m	n/a	₹21b
Sep 30 2019	n/a	n/a	₹25b
Jun 30 2019	n/a	n/a	₹24b
Mar 31 2019	n/a	n/a	₹23b
Dec 31 2018	₹110m	₹61m	₹22b

Compensation vs Market: Ajay's total compensation ($USD402.10K) is below average for companies of similar size in the Indian market ($USD942.67K).

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

CEO

Ajay Kapur (58 yo)

1.6yrs

Tenure

₹33,500,000

Compensation

Mr. Ajay A. Kapur B. A., is Whole-Time Director & Chief Executive Officer at ACC Limited. He was Chief Executive Officer and Non-Independent Director at ACC Limited from December 03, 2022. He serves as Non...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ajay Kapur	Whole-Time Director & CEO	1.6yrs	₹33.50m	0.039% ₹ 616.8m
Narotam Sekhsaria	Principal Founder & Chairman Emeritus	no data	₹1.84m	no data
Vinod Bahety	Chief Financial Officer	1.6yrs	₹25.30m	no data
Vineet Bose	Chief Legal Officer	no data	no data	no data
Manish Mistry	Company Secretary & Compliance Officer	no data	no data	no data
Navin Malhotra	Chief Sales & Marketing Officer	less than a year	no data	no data
Jayant Kumar	Chief Human Resources Officer	no data	no data	no data
Sanjay Gupta	Chief Procurement Officer	no data	no data	no data
Sukuru Ramarao	Chief Operating Officer	no data	no data	no data
Praveen Garg	Chief Logistics Officer	no data	no data	no data
Bhimsi Kachhot	Chief of Strategy & Business Development	no data	no data	no data
Hemal Shah	Chief Digital Officer	no data	no data	no data

0.9yrs

Average Tenure

58yo

Average Age

Experienced Management: 500425's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ajay Kapur	Whole-Time Director & CEO	1.6yrs	₹33.50m	0.039% ₹ 616.8m
Narotam Sekhsaria	Principal Founder & Chairman Emeritus	1.6yrs	₹1.84m	no data
Gautambhai Adani	Non-Independent Non-Executive Chairman	1.6yrs	no data	no data
Ameet kumar Desai	Independent Director	1.6yrs	₹1.73m	0.00027% ₹ 4.2m
Rajnish Kumar	Independent Director	1.6yrs	₹1.78m	no data
Karan Adani	Non-Executive Non-Independent Director	1.6yrs	no data	no data
Mangalam Kumar	Non-Executive Non-Independent Director	1.6yrs	₹1.18m	no data
Maheswar Sahu	Independent Director	1.6yrs	₹1.78m	0.000080% ₹ 1.3m
Purvi Sheth	Independent Women Director	1.6yrs	₹1.48m	no data

1.6yrs

Average Tenure

61yo

Average Age

Experienced Board: 500425's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Ambuja Cements Management

Management criteria checks 2/4

Key information

Recent management updates

Ambuja Cements Limited Announces Company Secretary and Compliance Officer Changes

Ambuja Cements Limited Announces Executive Changes

Ambuja Cements Limited Announces Resignation of KA Chowdary as Chief Projects Officer, Effective from the Closing Hours of 8Th September, 2023

Ambuja Cements Limited Appoints Hitesh L. Marthak as Company Secretary and Compliance Officer, Effective 17 August,2023

Insider recently sold ₹7.4m worth of stock

Insider recently sold ₹5.3m worth of stock

Recent updates

Ambuja Cements Limited to Report Q4, 2024 Results on May 01, 2024

New minor risk - Shareholder dilution

Ambuja Cements Limited Announces Company Secretary and Compliance Officer Changes

Price target increased by 7.6% to ₹530

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Ambuja Cements Limited Announces Executive Changes

Ambuja Cements Limited to Report Q3, 2024 Results on Jan 31, 2024

Ambuja Cements Limited Announces Investment of INR 6,000 Million in Renewable Power Projects

Investor sentiment improves as stock rises 18%

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Ambuja Cements Limited to Report Q2, 2024 Results on Nov 01, 2023

Ambuja Cements Limited Announces Resignation of KA Chowdary as Chief Projects Officer, Effective from the Closing Hours of 8Th September, 2023

Consensus EPS estimates increase by 12%

Consensus EPS estimates increase by 12%

Price target increased by 7.1% to ₹469

First quarter 2024 earnings released: EPS: ₹4.56 (vs ₹3.79 in 1Q 2023)

Ambuja Cements Limited Appoints Hitesh L. Marthak as Company Secretary and Compliance Officer, Effective 17 August,2023

Ambuja Cements Limited to Report Q2, 2023 Results on Aug 02, 2023

Adani Group's Ambuja-ACC, JK Lakshmi Reportedly Lead Race to Acquire Sanghi Cement

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of ₹2.50 per share at 0.6% yield

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently sold ₹7.4m worth of stock

Investor sentiment improves as stock rises 17%

Full year 2022 earnings released: EPS: ₹9.76 (vs ₹14.00 in FY 2021)

Price target decreased by 7.8% to ₹457

Ambuja Cements Limited to Report Q3, 2023 Results on Feb 07, 2023

Investor sentiment deteriorates as stock falls 26%

Insider recently sold ₹5.3m worth of stock

Ambuja Cements Limited Announces Resignation of Rajiv Gandhi as Company Secretary and Compliance Officer, Effective December 15, 2022

High number of new and inexperienced directors

Price target increased to ₹476

Consensus forecasts updated

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Ambuja Cements Limited announced that it has received INR 50.00032854 billion in funding from Harmonia Trade And Investments Ltd

Ambuja Cements Limited to Report Q3, 2022 Results on Oct 21, 2022

High number of new and inexperienced directors

Price target increased to ₹408

Ambuja Cements Limited Announces Board Changes

Endeavour Trade and Investment Ltd completed the acquisition of 63.11% stake in Ambuja Cements Limited (BSE:500425) from Holderind Investments Ltd..

Investor sentiment improved over the past week

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Ambuja Cements Limited to Report Q2, 2022 Results on Jul 19, 2022

Now 20% undervalued

Insider recently bought ₹9.2m worth of stock

Insider recently bought ₹11m worth of stock

ArcelorMittal Joins the Race to Buy Holcim’s Stake in Ambuja Cement and ACC

Gautam Adani Taps Gulf Groups and IHC to Join Efforts for ACC and Ambuja Buy

Ambuja Cements Limited Approves Final Dividend

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Holcim Group Reportedly Weighs Offers for Cement Biz

KM Birla Reportedly Weighs ACC, Ambuja Bid

JSW Reportedly Taps Carlyle to Back Bid for Holcim's Indian Cement Operations

Ambuja Cements Limited Announces Resignation of Mahendra Kumar Sharma as Non-Executive, Non-Independent Director, April 29, 2022

Holcim Reportedly May Exit India Putting its Twin Listed Arms Ambuja Cements and ACC Up for Sale

Ambuja Cements Limited to Report Q1, 2022 Results on Apr 28, 2022

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues miss analyst expectations

Upcoming dividend of ₹6.30 per share

Ambuja Cements Limited, Annual General Meeting, Apr 29, 2022

Consensus EPS estimates fall by 15%

Now 21% undervalued after recent price drop

Price target decreased to ₹395

Full year 2021 earnings: EPS and revenues miss analyst expectations

Ambuja Cements Limited Proposes Final Dividend, Payable on April 29, 2022

Ambuja Cements Limited to Report Q4, 2021 Results on Feb 17, 2022

Now 20% undervalued after recent price drop

Third quarter 2021 earnings released: EPS ₹3.35 (vs ₹3.13 in 3Q 2020)

Consensus EPS estimates increase to ₹16.24