Deepak Nitrite Limited

BSE:506401 Stock Report

Market Cap: ₹357.4b

Deepak Nitrite Management

Management criteria checks 4/4

Deepak Nitrite's CEO is Maulik Mehta, appointed in Jun 2020, has a tenure of 4.42 years. total yearly compensation is ₹42.40M, comprised of 56.8% salary and 43.2% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth ₹344.05M. The average tenure of the management team and the board of directors is 3.3 years and 5.1 years respectively.

Key information

Maulik Mehta

Chief executive officer

₹42.4m

Total compensation

CEO salary percentage56.8%
CEO tenure4.4yrs
CEO ownership0.1%
Management average tenure3.3yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Maulik Mehta's remuneration changed compared to Deepak Nitrite's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹9b

Jun 30 2024n/an/a

₹9b

Mar 31 2024₹42m₹24m

₹8b

Dec 31 2023n/an/a

₹8b

Sep 30 2023n/an/a

₹8b

Jun 30 2023n/an/a

₹8b

Mar 31 2023₹38m₹20m

₹9b

Dec 31 2022n/an/a

₹9b

Sep 30 2022n/an/a

₹9b

Jun 30 2022n/an/a

₹10b

Mar 31 2022₹33m₹19m

₹11b

Dec 31 2021n/an/a

₹11b

Sep 30 2021n/an/a

₹11b

Jun 30 2021n/an/a

₹10b

Mar 31 2021₹26m₹15m

₹8b

Dec 31 2020n/an/a

₹7b

Sep 30 2020n/an/a

₹6b

Jun 30 2020n/an/a

₹6b

Mar 31 2020₹15m₹9m

₹6b

Dec 31 2019n/an/a

₹5b

Sep 30 2019n/an/a

₹4b

Jun 30 2019n/an/a

₹3b

Mar 31 2019₹17m₹7m

₹2b

Mar 31 2018₹10m₹7m

₹790m

Compensation vs Market: Maulik's total compensation ($USD501.80K) is about average for companies of similar size in the Indian market ($USD618.65K).

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

CEO

Maulik Mehta (41 yo)

4.4yrs

Tenure

₹42,400,000

Compensation

Mr. Maulik Deepak Mehta is Independent Director of Transpek Industry Limited from September 24, 2024. Mr. Mehta serves as Chief Executive Officer at Deepak Nitrite Limited since June 1, 2020. He was an Ass...

Leadership Team

NamePositionTenureCompensationOwnership
Deepak Mehta
Chairman & MD46.4yrs₹75.30m16.52%
₹ 59.0b
Maulik Mehta
CEO & Executive Director4.4yrs₹42.40m0.096%
₹ 344.1m
Somsekhar Nanda
CFO & Chief Risk Officer2.3yrs₹18.40mno data
Sanjay Upadhyay
Director of Finance2.3yrs₹53.30m0.00091%
₹ 3.3m
Girish Satarkar
President of BI & Executive Directorno data₹14.50m0.000010%
₹ 35.7k
Jagdeep Vyas
Senior General Manager of Accounts & Taxationno datano datano data
Aminmahamad Ismaili
Senior General Manager of Technology Developmentno datano datano data
Arvind Bajpai
Company Secretary & Compliance Officer10.5yrs₹7.60mno data
Prashant Rao
Vice President of Human Resourceno data₹7.10mno data
Gandhasiri Rao
Head of Fine & Speciality Chemicalsno datano datano data
Milan Nikte
President of Performance Productno data₹8.40mno data
Anant Pande
Chief Manufacturing Officerless than a yearno datano data

3.3yrs

Average Tenure

59.5yo

Average Age

Experienced Management: 506401's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Deepak Mehta
Chairman & MD46.4yrs₹75.30m16.52%
₹ 59.0b
Maulik Mehta
CEO & Executive Director8.5yrs₹42.40m0.096%
₹ 344.1m
Sanjay Upadhyay
Director of Finance7.6yrs₹53.30m0.00091%
₹ 3.3m
Girish Satarkar
President of BI & Executive Director1.3yrs₹14.50m0.000010%
₹ 35.7k
Ajay Mehta
Non-Executive Director6.9yrs₹1.84mno data
Dileep Choksi
Non-Executive Independent Director4.8yrs₹2.46mno data
Sanjay Asher
Non-Executive Independent Director5.5yrs₹3.70mno data
Punit Lalbhai
Independent Director2.3yrs₹1.74mno data
Vipul Shah
Independent Director2.3yrs₹2.42mno data
Purvi Sheth
Non-Executive Independent Director5.5yrs₹3.40mno data
Meghav Mehta
Non-Executive Non-Independent Director2.5yrs₹1.74m0.035%
₹ 123.9m
Prakash Samudra
Independent Director2.3yrs₹3.34mno data

5.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 506401's board of directors are considered experienced (5.1 years average tenure).