Grauer & Weil (India) Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Nirajkumar More

Chief executive officer

₹17.8m

Total compensation

CEO salary percentage	57.2%
CEO tenure	30.8yrs
CEO ownership	12.1%
Management average tenure	8.1yrs
Board average tenure	13.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nirajkumar More's remuneration changed compared to Grauer & Weil (India)'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	₹18m	₹10m	₹1b
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹982m
Jun 30 2022	n/a	n/a	₹881m
Mar 31 2022	₹22m	₹13m	₹788m
Dec 31 2021	n/a	n/a	₹906m
Sep 30 2021	n/a	n/a	₹916m
Jun 30 2021	n/a	n/a	₹872m
Mar 31 2021	₹14m	₹8m	₹688m
Dec 31 2020	n/a	n/a	₹610m
Sep 30 2020	n/a	n/a	₹548m
Jun 30 2020	n/a	n/a	₹613m
Mar 31 2020	₹17m	₹10m	₹758m
Dec 31 2019	n/a	n/a	₹685m
Sep 30 2019	n/a	n/a	₹640m
Jun 30 2019	n/a	n/a	₹596m
Mar 31 2019	₹17m	₹10m	₹639m
Mar 31 2018	₹16m	₹10m	₹638m

Compensation vs Market: Nirajkumar's total compensation ($USD213.83K) is about average for companies of similar size in the Indian market ($USD267.42K).

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

CEO

Nirajkumar More (54 yo)

30.8yrs

Tenure

₹17,827,000

Compensation

Mr. Nirajkumar Umeshkumar More, BBA, has been the Managing Director of Bombay Paints Ltd. since August 23, 2006. Mr. More has been the Managing Director of Grauer & Weil (India) Limited since November 01,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Umeshkumar More	Executive Chairman	54.8yrs	₹9.99m	16.2% ₹ 6.8b
Nirajkumar More	MD & Director	no data	₹17.83m	12.15% ₹ 5.1b
Yogesh Samat	Director of Operations & Whole-Time Director	no data	₹17.76m	0.0020% ₹ 836.5k
Rohitkumar More	Whole Time Director	no data	₹7.60m	0.019% ₹ 8.2m
Pallavi More	President of Corporate Communications	no data	₹7.56m	1.39% ₹ 586.9m
Gurinder Gulati	CFO & President of Commercial	5.5yrs	₹1.84m	no data
Chintan Gandhi	Compliance Officer & Company Secretary	10.6yrs	₹1.64m	no data
H. Charna	Senior President of Engineering	8.1yrs	no data	no data
Noel Jacob	Senior Vice President of Corporate	no data	no data	no data
Dipen Parikh	Senior Vice President of Projects	no data	no data	no data
Kamlesh Karwa	Senior Vice President of Commercial	no data	no data	no data
Dipesh Mehta	President of MIS	no data	no data	no data

8.1yrs

Average Tenure

54yo

Average Age

Experienced Management: 505710's management team is seasoned and experienced (8.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Umeshkumar More	Executive Chairman	54.8yrs	₹9.99m	16.2% ₹ 6.8b
Nirajkumar More	MD & Director	30.8yrs	₹17.83m	12.15% ₹ 5.1b
Yogesh Samat	Director of Operations & Whole-Time Director	2.8yrs	₹17.76m	0.0020% ₹ 836.5k
Rohitkumar More	Whole Time Director	21.2yrs	₹7.60m	0.019% ₹ 8.2m
Suresh Pareek	Non-Executive Independent Director	17.7yrs	no data	0.53% ₹ 222.0m
Tarun Govil	Non-Executive Independent Director	9.8yrs	₹640.00k	0.0011% ₹ 464.7k
Prerna Goradia	Non-Executive Independent Director	3.8yrs	₹485.00k	no data
Ayush Agarwala	Non-Executive Independent Director	1.8yrs	₹291.00k	no data

13.8yrs

Average Tenure

57yo

Average Age

Experienced Board: 505710's board of directors are seasoned and experienced ( 13.8 years average tenure).

Grauer & Weil (India) Management

Management criteria checks 4/4

Key information

Recent management updates

Non-Executive Independent Director recently sold ₹5.9m worth of stock

Non-Executive Independent Director recently sold ₹14m worth of stock

Insider recently sold ₹6.4m worth of stock

Insider recently sold ₹4.2m worth of stock

Insider recently sold ₹218k worth of stock

Less than half of directors are independent

Recent updates

New minor risk - Share price stability

Third quarter 2024 earnings released: EPS: ₹1.89 (vs ₹1.52 in 3Q 2023)

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 16%

Now 20% undervalued

Second quarter 2024 earnings released: EPS: ₹1.65 (vs ₹1.23 in 2Q 2023)

Grauer & Weil (India) Limited to Report Q2, 2024 Results on Nov 09, 2023

Investor sentiment improves as stock rises 17%

Grauer & Weil (India) Limited to Report Q1, 2024 Results on Aug 10, 2023

Upcoming dividend of ₹0.80 per share at 0.7% yield

Full year 2023 earnings released: EPS: ₹4.98 (vs ₹3.48 in FY 2022)

Full year 2023 earnings released: EPS: ₹4.98 (vs ₹3.48 in FY 2022)

Grauer & Weil (India) Limited Recommends Dividend for the Financial Year 2022-23

Third quarter 2023 earnings released: EPS: ₹1.52 (vs ₹1.03 in 3Q 2022)

Non-Executive Independent Director recently sold ₹5.9m worth of stock

Grauer & Weil (India) Limited (BSE:505710) agreed to acquire Kamtress Automation Systems Private Limited from Poona Bottling Company Private Limited for INR 51 million.

Non-Executive Independent Director recently sold ₹14m worth of stock

Investor sentiment improved over the past week

Insider recently sold ₹6.4m worth of stock

Investor sentiment improved over the past week

Insider recently sold ₹4.2m worth of stock

Grauer & Weil (India) Limited Declares Dividend for the Financial Year Ended March 31, 2022

Insider recently sold ₹218k worth of stock

Upcoming dividend of ₹0.65 per share

Upcoming dividend of ₹0.65 per share

Full year 2022 earnings released: EPS: ₹3.47 (vs ₹3.04 in FY 2021)

Grauer & Weil (India) Limited to Report Q4, 2023 Results on May 30, 2023

Less than half of directors are independent

Grauer & Weil (India) Limited, Annual General Meeting, Sep 22, 2022

Grauer & Weil (India) Limited Appoints Ayush Agarwala as an Additional Director

Grauer & Weil (India) Limited to Report Q1, 2023 Results on Aug 09, 2022

Insider recently sold ₹350k worth of stock

Full year 2022 earnings released: EPS: ₹3.47 (vs ₹3.04 in FY 2021)

Grauer & Weil (India) Limited Recommends Dividend for the Financial Year 2021-22

Grauer & Weil (India) Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment improved over the past week

Less than half of directors are independent

Less than half of directors are independent

Grauer & Weil (India) Limited Announces Resignation of as Shashikant Sakhalkar as Non-Executive Independent Director

Investor sentiment improved over the past week

Chief Executive Officer Vinod Haritwal has left the company

Upcoming dividend of ₹0.50 per share

First quarter 2022 earnings released: EPS ₹0.86 (vs ₹0.05 in 1Q 2021)

CEO & Whole Time Director Vinod Haritwal has left the company

Full year 2021 earnings released: EPS ₹3.04 (vs ₹3.35 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Non-Executive Independent Director has left the company

Third quarter 2021 earnings released: EPS ₹1.07 (vs ₹0.79 in 3Q 2020)

Grauer & Weil (India) Limited Announces Resignation of Aarti Shah as Non-Executive Independent Director

New 90-day high: ₹45.40

New 90-day high: ₹43.75

New 90-day low: ₹35.15

Grauer & Weil (India) Limited to Report Q4, 2021 Results on May 30, 2021

New 90-day low: ₹35.80

First quarter earnings released

Grauer & Weil (India) Limited to Report Q1, 2021 Results on Sep 07, 2020

New 90-day high - ₹42.75

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age