Asian Paints Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Amit Syngle

Chief executive officer

₹184.0m

Total compensation

CEO salary percentage	22.0%
CEO tenure	4yrs
CEO ownership	0.00006%
Management average tenure	no data
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Amit Syngle's remuneration changed compared to Asian Paints's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹54b
Sep 30 2023	n/a	n/a	₹51b
Jun 30 2023	n/a	n/a	₹46b
Mar 31 2023	₹184m	₹41m	₹41b
Dec 31 2022	n/a	n/a	₹37b
Sep 30 2022	n/a	n/a	₹37b
Jun 30 2022	n/a	n/a	₹35b
Mar 31 2022	₹138m	₹34m	₹30b
Dec 31 2021	n/a	n/a	₹30b
Sep 30 2021	n/a	n/a	₹33b
Jun 30 2021	n/a	n/a	₹35b
Mar 31 2021	₹104m	₹28m	₹31b

Compensation vs Market: Amit's total compensation ($USD2.21M) is above average for companies of similar size in the Indian market ($USD946.56K).

Compensation vs Earnings: Amit's compensation has increased by more than 20% in the past year.

CEO

Amit Syngle (57 yo)

4yrs

Tenure

₹184,033,160

Compensation

Mr. Amit Syngle has been the Managing Director, Chief Executive Officer and Director of Asian Paints Limited since April 1, 2020. Mr. Syngle has been working with Asian Paints for the last 30 years in vari...

Board Members

Name	Position	Tenure	Compensation	Ownership
Amit Syngle	MD, CEO & Additional Director	4yrs	₹184.03m	0.000060% ₹ 1.6m
Milind Sarwate	Additional Independent Director	2.5yrs	₹6.28m	0% ₹ 0
Ramaswami Seshasayee	Independent Chairman of the Board	7.3yrs	₹6.56m	0.00016% ₹ 4.4m
Manish Choksi	Non-Executive Vice Chairman	5.5yrs	₹6.32m	0.25% ₹ 6.8b
Malav Dani	Non-Executive Director	10.5yrs	₹5.68m	0.44% ₹ 11.9b
Nehal Vakil	Non-Executive Director	2.1yrs	₹5.16m	0.60% ₹ 16.3b
Soumitra Bhattacharya	Additional Independent Director	less than a year	no data	no data
Ireena Vittal	Independent Non-Executive Director	less than a year	no data	no data
Jigish Choksi	Additional Non Executive Director	5yrs	₹5.28m	0.66% ₹ 18.0b
Amrita Vakil	Non-Executive Director	9.9yrs	₹5.48m	0.27% ₹ 7.3b

4.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 500820's board of directors are considered experienced (4.5 years average tenure).

Asian Paints Management

Management criteria checks 1/4

Key information

Recent management updates

Asian Paints Limited Announces Pallavi Shroff Declines Re-Election as an Independent Director, Effective from March 31, 2024

Asian Paints Limited Announces Completion of Tenure of Appointment of Suresh Narayanan as an Independent Director

Asian Paints Limited Appoints Soumitra Bhattacharya as an Additional and Independent Director

Asian Paints Limited Appoints Ireena Vittal as an Additional and Independent Director

Asian Paints Limited Appoints Ireena Vittal as an Additional and Independent Director

Asian Paints Limited Appoints Ireena Vittal as Independent Non-Executive Director

Recent updates

Asian Paints Limited Announces Pallavi Shroff Declines Re-Election as an Independent Director, Effective from March 31, 2024

Asian Paints Limited to Report Q4, 2024 Results on May 09, 2024

Asian Paints Limited (NSEI:ASIANPAINT) completed the acquisition of 51% stake in Harind Chemicals and Pharmaceuticals Private Limited from Aapex Power and Industries Private Limited, Swapan Ghosh and others for approximately INR 140 million.

Asian Paints Limited Announces Completion of Tenure of Appointment of Suresh Narayanan as an Independent Director

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

Asian Paints Limited Appoints Soumitra Bhattacharya as an Additional and Independent Director

Asian Paints Limited Approves Payment of Interim Dividend for the Financial Year Ending 31 St March 2024, Payable on or After 13 November 2023

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Asian Paints Limited Appoints Ireena Vittal as an Additional and Independent Director

Asian Paints Limited Appoints Ireena Vittal as an Additional and Independent Director

Asian Paints Limited Approves Final Dividend for the Financial Year Ended 31St March, 2023

Asian Paints Limited Appoints Ireena Vittal as Independent Non-Executive Director

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

Asian Paints Limited (NSEI:ASIANPAINT) acquired additional 11% stake in Obgenix Software Pvt. Ltd. from Pawan Mehta, Gagan Mehta for INR 540 million.

Asian Paints Limited to Report Q2, 2024 Results on Oct 26, 2023

Upcoming dividend of ₹21.25 per share at 0.8% yield

Full year 2023 earnings: EPS exceeds analyst expectations

Asian Paints Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023, Payable on or after June 30, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of ₹4.40 per share

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Asian Paints Limited (NSEI:ASIANPAINT) entered into definitive agreements to acquire 51% stake in Harind Chemicals and Pharmaceuticals Private Limited from Aapex Power and Industries Private Limited, Swapan Ghosh and others for INR 127.5 million.

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Asian Paints Limited to Report Q3, 2023 Results on Jan 19, 2023

Upcoming dividend of ₹15.50 per share

Asian Paints Limited, Annual General Meeting, Jun 29, 2022

Full year 2022 earnings: EPS misses analyst expectations

Asian Paints Limited Announces Appointment of Directors

Asian Paints Limited (NSEI:ASIANPAINT) agreed to acquire WEATHERSEAL FENESTRATION PRIVATE LIMITED Harish Munireddy, and Pratibha SB for INR 1900 million.

Third quarter 2022 earnings: Revenues exceed analyst expectations

Second quarter 2022 earnings released: EPS ₹6.21 (vs ₹8.66 in 2Q 2021)

Independent Director Sivaram Swaminathan has left the company

Insider recently bought ₹1.2m worth of stock

First quarter 2022 earnings released: EPS ₹5.93 (vs ₹2.28 in 1Q 2021)

Price target increased to ₹2,975

Full year 2021 earnings released: EPS ₹32.73 (vs ₹28.25 in FY 2020)

Upcoming dividend of ₹14.50 per share

Asian Paints Limited Recommends the Payment of Final Dividend, Payable on or after July 02, 2021

Full year 2021 earnings released: EPS ₹32.73 (vs ₹28.25 in FY 2020)

Revenue and earnings beat expectations

Price target raised to ₹2,525

Third quarter 2021 earnings released: EPS ₹12.91

Malav Dani Intends to Sell Shares of Asian Paints

New 90-day high: ₹2,793

New 90-day high: ₹2,602

New 90-day high: ₹2,316

Price target raised to ₹2,063

New 90-day high: ₹2,119

Second-quarter earnings released: Revenue and earnings beat expectations

First half earnings released

New 90-day high: ₹2,091

New 90-day high - ₹2,063

New 90-day high - ₹1,805

Asian Paints Limited to Report Q3, 2021 Results on Jan 21, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age