Finolex Industries Limited

BSE:500940 Stock Report

Market Cap: ₹147.5b

Finolex Industries Management

Management criteria checks 2/4

Finolex Industries' CEO is Saurabh Dhanorkar, appointed in Nov 2024, has a tenure of less than a year. directly owns 0.005% of the company’s shares, worth ₹6.71M. The average tenure of the management team and the board of directors is 0.9 years and 0.2 years respectively.

Key information

Saurabh Dhanorkar

Chief executive officer

₹4.2m

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.005%
Management average tenureless than a year
Board average tenureless than a year

Recent management updates

Recent updates

CEO

Saurabh Dhanorkar (68 yo)

less than a year

Tenure

₹4,200,000

Compensation

Mr. Saurabh Sarvottam Dhanorkar, FCA serves as the Managing Director of Finolex Industries Limited from November 21, 2024. He served as the Managing Director of Finolex Industries Limited from August 11, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Prakash Chhabria
Executive Chairman32.8yrs₹141.80m0.14%
₹ 203.6m
Saurabh Dhanorkar
MD & Non-Independent Directorless than a year₹4.20m0.0046%
₹ 6.7m
Saumya Chakrabarti
Director of Technical & Whole-Time Director2.5yrs₹20.00mno data
Ashutosh Kulkarni
Head of Supply Chain Managementno data₹2.80mno data
Chandan Verma
Chief Financial Officerless than a yearno datano data
Harish Dash
Chief Information Officer & Grievance Officer1.1yrsno datano data
Dakshinamurthy Iyer
Company Secretaryless than a yearno datano data
Pradeep Vedula
President of Sales & Marketingless than a yearno datano data
Sarita Tripathi
Chief Human Resources Officerless than a yearno datano data
Arun Sonawane
President of Operation Pipes & Fittingsno datano datano data
Shreedatta Albur
President of Operations of PVC DIVISIONless than a yearno datano data
Rajeev Singh
Head of Operations at Pipes division1.1yrsno datano data

0.9yrs

Average Tenure

68yo

Average Age

Experienced Management: 500940's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Prakash Chhabria
Executive Chairman32.8yrs₹141.80m0.14%
₹ 203.6m
Saurabh Dhanorkar
MD & Non-Independent Director7.3yrs₹4.20m0.0046%
₹ 6.7m
Saumya Chakrabarti
Director of Technical & Whole-Time Director2.5yrs₹20.00mno data
Munesh Khanna
Independent Directorless than a yearno datano data
Kanchan Chitale
Independent Woman Director5.7yrs₹4.30mno data
Debabrata Sarkar
Independent Directorless than a yearno datano data
Rajesh Rathi
Independent Directorless than a yearno datano data
Pradeep Udhas
Independent Directorless than a yearno datano data
Ritu Chhabria
Non-Executive & Non-Independent Director9.8yrs₹3.60m0.0036%
₹ 5.3m
Aditya Sapru
Independent Directorless than a yearno datano data
Vijay Bhatt
Independent Directorless than a yearno datano data

0.2yrs

Average Tenure

65yo

Average Age

Experienced Board: 500940's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:15
End of Day Share Price 2024/12/20 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Finolex Industries Limited is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Rishab BothraAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.