NOCIL Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

V. Anand

Chief executive officer

₹25.2m

Total compensation

CEO salary percentage	89.3%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	no data
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has V. Anand's remuneration changed compared to NOCIL's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹25m	₹23m	₹1b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹2m	₹2m	₹2b

Compensation vs Market: V.'s total compensation ($USD302.00K) is about average for companies of similar size in the Indian market ($USD268.08K).

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

CEO

V. Anand (49 yo)

less than a year

Tenure

₹25,200,000

Compensation

Mr. V. S. Anand has been Managing Director of NOCIL Limited since August 01, 2023. He was the Deputy Managing Director at NOCIL Limited since March 02, 2022 until August 01, 2023 and has been its Executive...

Board Members

Name	Position	Tenure	Compensation	Ownership
Hrishikesh Mafatlal	Executive Chairman	39.8yrs	₹47.50m	0.47% ₹ 212.9m
V. Anand	MD & Executive Director	2.2yrs	₹25.20m	no data
Arunachalam Vellayan	Independent Director	1.5yrs	₹2.38m	no data
Dhananjay Mungale	Independent Non Executive Director	17.2yrs	₹2.83m	no data
Debnarayan Bhattacharya	Non Executive-Independent Director	5yrs	₹3.20m	no data
Rohit Arora	Independent Non Executive Director	18.8yrs	₹2.98m	no data
Vilas Gupte	Independent Director	18.8yrs	₹3.13m	0.00036% ₹ 161.3k
Radhika Haribhakti	Director	less than a year	no data	no data
Pradeep Bhide	Independent Non-Executive Director	13.6yrs	₹2.90m	no data
Priyavrata Mafatlal	Non-Executive Director	7yrs	₹2.45m	0.0075% ₹ 3.4m
Dharmishta Raval	Non-Executive Independent Director	9.8yrs	₹2.83m	no data

9.8yrs

Average Tenure

68yo

Average Age

Experienced Board: 500730's board of directors are considered experienced (9.8 years average tenure).

NOCIL Management

Management criteria checks 2/4

Key information

Recent management updates

NOCIL Limited Approves the Appointment of Anand V.S. as the Managing Director

NOCIL Limited, Annual General Meeting, Jul 31, 2023

NOCIL Limited, Annual General Meeting, Jul 31, 2023

Insufficient new directors

Insufficient new directors

Nocil Limited Announces Demise of Mr. N. Sankar, Independent Director

Recent updates

Price target increased by 7.6% to ₹268

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

NOCIL Limited to Report Q3, 2024 Results on Feb 07, 2024

Price target decreased by 7.3% to ₹220

Second quarter 2024 earnings released: EPS: ₹1.63 (vs ₹2.14 in 2Q 2023)

NOCIL Limited to Report Q2, 2024 Results on Nov 02, 2023

NOCIL Limited Approves the Appointment of Anand V.S. as the Managing Director

New minor risk - Profit margin trend

Upcoming dividend of ₹3.00 per share at 1.4% yield

NOCIL Limited to Report Q1, 2024 Results on Jul 31, 2023

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Price target decreased by 9.0% to ₹221

NOCIL Limited, Annual General Meeting, Jul 31, 2023

Full year 2023 earnings: EPS misses analyst expectations

NOCIL Limited, Annual General Meeting, Jul 31, 2023

NOCIL Limited to Report Fiscal Year 2023 Results on May 29, 2023

Price target decreased by 11% to ₹243

Third quarter 2023 earnings released: EPS: ₹1.12 (vs ₹1.79 in 3Q 2022)

NOCIL Limited to Report Q3, 2023 Results on Feb 10, 2023

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹2.14 (vs ₹1.80 in 2Q 2022)

NOCIL Limited to Report First Half, 2023 Results on Nov 08, 2022

Upcoming dividend of ₹3.00 per share

Full year 2022 earnings: EPS and revenues exceed analyst expectations

NOCIL Limited to Report Q1, 2023 Results on Jul 28, 2022

Insufficient new directors

Consensus EPS estimates increase by 11%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

NOCIL Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022

NOCIL Limited to Report Fiscal Year 2022 Results on May 17, 2022

Nocil Limited Announces Demise of Mr. N. Sankar, Independent Director

Investor sentiment improved over the past week

Now 21% undervalued after recent price drop

Consensus forecasts updated

Price target decreased to ₹301

NOCIL Limited Announces Appointment of Anand V.S. as Deputy Managing Director, with Effect from March 3, 2022

Third quarter 2022 earnings: EPS exceeds analyst expectations

Second quarter 2022 earnings released: EPS ₹1.80 (vs ₹1.02 in 2Q 2021)

Insider recently sold ₹1.4m worth of stock

Insider recently sold ₹2.8m worth of stock

Consensus revenue estimates increase to ₹13.2b

Upcoming dividend of ₹2.00 per share

Full year 2021 earnings released: EPS ₹5.33 (vs ₹7.89 in FY 2020)

Investor sentiment improved over the past week

Insider recently sold ₹2.1m worth of stock

Vice President of QA recently sold ₹2.1m worth of stock

Insider recently sold ₹8.2m worth of stock

Full year 2021 earnings released: EPS ₹5.33 (vs ₹7.89 in FY 2020)

NOCIL Limited Announces Final Dividend

Vice President of QA recently sold ₹2.9m worth of stock

Investor sentiment improved over the past week

Vice President of QA recently sold ₹4.6m worth of stock

New 90-day high: ₹161

Analysts increase revenue estimates to ₹9.21b

Price target raised to ₹157

Third quarter 2021 earnings released: EPS ₹1.34 (vs ₹1.27 in 3Q 2020)

NOCIL Limited to Report Q3, 2021 Results on Feb 02, 2021

President of Finance & CFO recently sold ₹2.9m worth of stock

New 90-day high: ₹160

President of Finance & CFO recently sold ₹7.5m worth of stock

Vice President of Operations recently sold ₹1.4m worth of stock

NOCIL Limited Updates on Its Operations

Price target raised to ₹114

New 90-day high - ₹132

Earnings released

NOCIL Limited to Report Q1, 2021 Results on Aug 24, 2020

New 90-day high - ₹114

CEO Compensation Analysis

CEO