Styrenix Performance Materials Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Rahul Agrawal

Chief executive officer

₹10.3m

Total compensation

CEO salary percentage	50.0%
CEO tenure	1.5yrs
CEO ownership	n/a
Management average tenure	1.5yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rahul Agrawal's remuneration changed compared to Styrenix Performance Materials's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹2b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹10m	₹5m	₹2b

Compensation vs Market: Rahul's total compensation ($USD123.39K) is below average for companies of similar size in the Indian market ($USD271.33K).

Compensation vs Earnings: Insufficient data to compare Rahul's compensation with company performance.

CEO

Rahul Agrawal (45 yo)

1.5yrs

Tenure

₹10,300,000

Compensation

Mr. Rahul Rakesh Agrawal has been a Non Executive Director of Shiva Pharmachem Limited since November 9, 2022. He is MD & Executive Director of Styrenix Performance Materials Limited (formerly known as INE...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rakesh Agrawal	Executive Non-Independent Chairman	1.5yrs	₹10.30m	no data
Rahul Agrawal	MD & Executive Director	1.5yrs	₹10.30m	no data
Ravishankar Kompalli	Additional Whole-Time Director	1.5yrs	₹3.72m	no data
Vishal Agrawal	Joint MD & Executive Director	1.5yrs	no data	no data
Bhupesh Porwal	Chief Financial Officer	less than a year	₹11.68m	no data
Chintan Doshi	Company Secretary & Compliance Officer	less than a year	no data	no data
L. Sundar	Executive Vice President of Marketing	no data	₹2.89k	no data
Munjal Parekh	Head of Business Partnering India & SM Asia - Finance	2.5yrs	no data	no data

1.5yrs

Average Tenure

56yo

Average Age

Experienced Management: 506222's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Rakesh Agrawal	Executive Non-Independent Chairman	1.5yrs	₹10.30m	no data
Rahul Agrawal	MD & Executive Director	1.5yrs	₹10.30m	no data
Ravishankar Kompalli	Additional Whole-Time Director	1.5yrs	₹3.72m	no data
Vishal Agrawal	Joint MD & Executive Director	1.5yrs	no data	no data
Prem Taneja	Additional Independent Non-Executive Director	1.5yrs	₹590.00k	no data
Radhika Nath	Independent Director	1.3yrs	₹230.00k	no data
Milin Mehta	Additional Independent Non-Executive Director	1.5yrs	₹590.00k	no data
Parameswaran Pillai Prasad	Independent Director	1.3yrs	₹230.00k	no data

1.5yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 506222's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Styrenix Performance Materials Management

Management criteria checks 1/4

Key information

Recent management updates

Styrenix Performance Materials Limited Announces Appointment of Chintan Doshi as Company Secretary and Compliance Officer

Styrenix Performance Materials Limited Appoints Bhupesh P. Porwal as Chief Financial Officer

Styrenix Performance Materials Limited Announces Resignation of Sanjeev Madan as Chief Financial Officer

Styrenix Performance Materials Limited, Annual General Meeting, Aug 10, 2023

Styrenix Performance Materials Limited Announces Company Secretary / Compliance Officer Changes

High number of new and inexperienced directors

Recent updates

Third quarter 2024 earnings released: EPS: ₹19.87 (vs ₹17.17 in 3Q 2023)

Styrenix Performance Materials Limited to Report Q3, 2024 Results on Feb 03, 2024

Styrenix Performance Materials Limited Announces Appointment of Chintan Doshi as Company Secretary and Compliance Officer

Styrenix Performance Materials Limited Appoints Bhupesh P. Porwal as Chief Financial Officer

Upcoming dividend of ₹22.00 per share at 3.2% yield

Second quarter 2024 earnings released: EPS: ₹32.08 (vs ₹13.42 in 2Q 2023)

Investor sentiment improves as stock rises 19%

Styrenix Performance Materials Limited to Report Q2, 2024 Results on Oct 20, 2023

Styrenix Performance Materials Limited Announces Resignation of Sanjeev Madan as Chief Financial Officer

Styrenix Performance Materials Limited to Report Q1, 2024 Results on Aug 10, 2023

Upcoming dividend of ₹24.00 per share at 8.8% yield

Full year 2023 earnings released: EPS: ₹104 (vs ₹183 in FY 2022)

Styrenix Performance Materials Limited, Annual General Meeting, Aug 10, 2023

Investor sentiment improves as stock rises 16%

Full year 2023 earnings released: EPS: ₹104 (vs ₹183 in FY 2022)

Styrenix Performance Materials Limited Announces Company Secretary / Compliance Officer Changes

Styrenix Performance Materials Limited to Report Q4, 2023 Results on May 26, 2023

Investor sentiment deteriorates as stock falls 19%

Third quarter 2023 earnings released: EPS: ₹17.17 (vs ₹26.97 in 3Q 2022)

Styrenix Performance Materials Limited to Report Q3, 2023 Results on Feb 13, 2023

High number of new and inexperienced directors

INEOS Styrolution India Limited Announces Changes in Directorate

INEOS Styrolution India Limited Announces Changes in Directorate

INEOS Styrolution India Limited Announces Resignation of Sanjeev Madan as Whole Time Director

High number of new and inexperienced directors

INEOS Styrolution India Limited to Report Q2, 2023 Results on Nov 11, 2022

High number of new and inexperienced directors

INEOS Styrolution India Limited Announces Retirement of Anil Shankar as Independent Director & Reconstitution of Board Committees

First quarter 2023 earnings released: EPS: ₹49.35 (vs ₹46.92 in 1Q 2022)

INEOS Styrolution India Limited to Report Q1, 2023 Results on Aug 09, 2022

Full year 2022 earnings released: EPS: ₹183 (vs ₹159 in FY 2021)

INEOS Styrolution India Limited, Annual General Meeting, Aug 10, 2022

Investor sentiment improved over the past week

Upcoming dividend of ₹105 per share

INEOS Styrolution India Limited Declares Second Interim Dividend for the Fiscal Year 2021-2022

INEOS Styrolution India Limited Announces Board Changes

Investor sentiment deteriorated over the past week

Ineos Styrolution India Appoints Ms. Sandra Martyres as an Additional Director

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

Investor sentiment deteriorated over the past week

INEOS Styrolution India Limited to Report Q3, 2022 Results on Feb 09, 2022

INEOS Styrolution India Limited to Report Q3, 2022 Results on Feb 09, 2022

Second quarter 2022 earnings released: EPS ₹51.19 (vs ₹20.38 in 2Q 2021)

Investor sentiment improved over the past week

Price target increased to ₹1,540

First quarter 2022 earnings released: EPS ₹48.92 (vs ₹11.39 loss in 1Q 2021)

INEOS Styrolution India Limited Approves Change in Directorate

INEOS Styrolution India Limited to Report Q2, 2021 Results on Nov 10, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age