Saurashtra Cement Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mohinderpal Gilotra

Chief executive officer

₹58.7m

Total compensation

CEO salary percentage	85.7%
CEO tenure	29.1yrs
CEO ownership	0.09%
Management average tenure	1.5yrs
Board average tenure	12.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mohinderpal Gilotra's remuneration changed compared to Saurashtra Cement's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹566m
Dec 31 2023	n/a	n/a	₹398m
Sep 30 2023	n/a	n/a	₹245m
Jun 30 2023	n/a	n/a	-₹142m
Mar 31 2023	₹59m	₹50m	-₹220m
Dec 31 2022	n/a	n/a	-₹355m
Sep 30 2022	n/a	n/a	-₹161m
Jun 30 2022	n/a	n/a	-₹99m
Mar 31 2022	₹40m	₹26m	₹231m
Dec 31 2021	n/a	n/a	₹415m
Sep 30 2021	n/a	n/a	₹580m
Jun 30 2021	n/a	n/a	₹769m
Mar 31 2021	₹45m	₹22m	₹723m
Dec 31 2020	n/a	n/a	₹473m
Sep 30 2020	n/a	n/a	₹455m
Jun 30 2020	n/a	n/a	₹491m
Mar 31 2020	₹36m	₹24m	₹565m
Dec 31 2019	n/a	n/a	₹444m
Sep 30 2019	n/a	n/a	₹248m
Jun 30 2019	n/a	n/a	₹57m
Mar 31 2019	n/a	n/a	-₹49m
Mar 31 2018	₹23m	₹20m	₹625m

Compensation vs Market: Mohinderpal's total compensation ($USD703.30K) is above average for companies of similar size in the Indian market ($USD179.86K).

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

CEO

Mohinderpal Gilotra (74 yo)

29.1yrs

Tenure

₹58,731,000

Compensation

Mr. Mohinderpal Singh Gilotra, M.D., B.E. (Hons) has been the Managing Director at Gujarat Sidhee Cement Limited since November 2006. Mr. Gilotra is responsible for Production, Marketing and Overall manage...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mohinderpal Gilotra	MD & Executive Director	no data	₹58.73m	0.093% ₹ 14.0m
Jay Mehta	Executive Vice Chairman	36.6yrs	₹69.69m	1.53% ₹ 230.8m
Virendra Mohnot	Chief Financial Officer	1.3yrs	₹5.34m	no data
Rakesh Mehta	Chief Corporate Finance & IT	1.3yrs	₹8.45m	0.0084% ₹ 1.3m
Sonali Sanas	Chief Legal Officer	9.3yrs	₹6.05m	no data
Prakash Kunte	Director of Human Resources	no data	no data	no data
Surender Bhatia	Chief Executive Officer of Paints Division	1.6yrs	no data	no data
Narendra Singh	Director of Works	no data	₹11.07m	0.011% ₹ 1.7m

1.5yrs

Average Tenure

63yo

Average Age

Experienced Management: 502175's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mohinderpal Gilotra	MD & Executive Director	29.1yrs	₹58.73m	0.093% ₹ 14.0m
Jay Mehta	Executive Vice Chairman	36.6yrs	₹69.69m	1.53% ₹ 230.8m
Maddipatla Sarma	Additional Independent Non-Executive Director	1.2yrs	no data	no data
Mahendra Mehta	Chairman	49.8yrs	₹375.00k	0.0046% ₹ 693.0k
Hemang Mehta	Non-Independent Non-Executive Director	31.3yrs	₹375.00k	0.086% ₹ 13.0m
Bhagyam Ramani	Independent Non-Executive Director	9.9yrs	₹885.00k	no data
Hemnabh Khatau	Non-Independent Non-Executive Director	15.8yrs	₹300.00k	no data
Ashwani Kumar	Independent Non Executive Additional Director	5.4yrs	₹690.00k	no data
Aman Khanna	Additional Independent Non-Executive Director	1.1yrs	no data	no data
Radhika Gaekwad	Additional Independent Non-Executive Director	1.1yrs	no data	no data

12.8yrs

Average Tenure

66yo

Average Age

Experienced Board: 502175's board of directors are seasoned and experienced ( 12.8 years average tenure).

Saurashtra Cement Management

Management criteria checks 2/4

Key information

Recent management updates

MD & Executive Director recently sold ₹2.1m worth of stock

Saurashtra Cement Limited, Annual General Meeting, Aug 21, 2024

Saurashtra Cement Limited Announces Re-Designation of Key Managerial Personnel

Saurashtra Cement Limited Approves Board Appointments

Saurashtra Cement Limited Appoints M. N. Sarma as Additional Director Categorised as Independent, Non-Executive Director

Insufficient new directors

Recent updates

MD & Executive Director recently sold ₹2.1m worth of stock

New minor risk - Share price stability

Investor sentiment improves as stock rises 21%

Saurashtra Cement Limited, Annual General Meeting, Aug 21, 2024

Saurashtra Cement Limited Proposes Final Dividend for the Financial Year 2023-24

Full year 2024 earnings released: EPS: ₹5.11 (vs ₹1.99 loss in FY 2023)

Saurashtra Cement Limited to Report Q4, 2024 Results on May 28, 2024

Investor sentiment improves as stock rises 16%

Upcoming dividend of ₹1.00 per share

Saurashtra Cement Limited Declares an Interim Dividend for the Financial Year 2023-24, Payable on or Before March 13, 2024

Third quarter 2024 earnings released: EPS: ₹1.13 (vs ₹0.87 loss in 3Q 2023)

Investor sentiment improves as stock rises 15%

Saurashtra Cement Limited to Report Q3, 2024 Results on Feb 12, 2024

Saurashtra Cement Limited to Report Q3, 2024 Results on Feb 12, 2024

Saurashtra Cement Limited to Report Q2, 2023 Results on Nov 08, 2023

Full year 2023 earnings released: ₹1.99 loss per share (vs ₹2.10 profit in FY 2022)

Saurashtra Cement Limited to Report Q1, 2024 Results on Aug 07, 2023

Saurashtra Cement Limited Announces Re-Designation of Key Managerial Personnel

Saurashtra Cement Limited Approves Board Appointments

New major risk - Shareholder dilution

Full year 2023 earnings released: ₹1.99 loss per share (vs ₹0.57 profit in FY 2022)

Saurashtra Cement Limited Appoints M. N. Sarma as Additional Director Categorised as Independent, Non-Executive Director

Third quarter 2023 earnings released: ₹0.87 loss per share (vs ₹0.59 profit in 3Q 2022)

Saurashtra Cement Limited to Report Q3, 2023 Results on Feb 09, 2023

Insufficient new directors

Saurashtra Cement Limited to Report Q2, 2023 Results on Nov 01, 2022

Saurashtra Cement Limited Temporarily Suspends Production at the Gotan Plant

Saurashtra Cement Limited Temporarily Suspends Production at the Gotan Plant

Director of Works recently sold ₹2.3m worth of stock

First quarter 2023 earnings released: ₹0.15 loss per share (vs ₹1.84 profit in 1Q 2022)

Saurashtra Cement Limited to Report Q1, 2023 Results on Aug 12, 2022

Saurashtra Cement Limited, Annual General Meeting, Jul 26, 2022

Full year 2022 earnings released: EPS: ₹0.57 (vs ₹10.38 in FY 2021)

Saurashtra Cement Limited to Report Fiscal Year 2022 Results on May 23, 2022

Insufficient new directors

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

Second quarter 2022 earnings released: ₹1.02 loss per share (vs ₹1.69 profit in 2Q 2021)

Chief Financial Officer recently sold ₹130k worth of stock

Upcoming dividend of ₹0.75 per share

First quarter 2022 earnings released: EPS ₹1.84 (vs ₹1.19 in 1Q 2021)

Investor sentiment improved over the past week

Chief Financial Officer recently sold ₹235k worth of stock

Full year 2021 earnings released: EPS ₹10.38 (vs ₹8.14 in FY 2020)

Saurashtra Cement Limited Recommends Final Dividend for the Year Ended on March 31, 2021

Investor sentiment improved over the past week

Upcoming Dividend of ₹1.00 Per Share

Third quarter 2021 earnings released: EPS ₹2.97 (vs ₹2.72 in 3Q 2020)

Saurashtra Cement Limited to Report Q3, 2021 Results on Feb 02, 2021

New 90-day high: ₹58.65

Investor sentiment improved over the past week

MD & Executive Director recently sold ₹1.0m worth of stock

New 90-day high: ₹50.30

Second quarter 2021 earnings released: EPS ₹1.69

Market bids up stock over the past week

New 90-day high: ₹45.15

Saurashtra Cement Limited to Report Q2, 2021 Results on Nov 07, 2020

New 90-day low - ₹37.20

Saurashtra Cement Limited to Report Q1, 2021 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure