Deepak Nitrite Management
Management criteria checks 4/4
Deepak Nitrite's CEO is Maulik Mehta, appointed in Jun 2020, has a tenure of 3.92 years. total yearly compensation is ₹37.90M, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth ₹318.88M. The average tenure of the management team and the board of directors is 2.8 years and 4.6 years respectively.
Key information
Maulik Mehta
Chief executive officer
₹37.9m
Total compensation
| CEO salary percentage | 53.6% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹8b |
| Sep 30 2023 | n/a | n/a | ₹8b |
| Jun 30 2023 | n/a | n/a | ₹8b |
| Mar 31 2023 | ₹38m | ₹20m | ₹9b |
| Dec 31 2022 | n/a | n/a | ₹9b |
| Sep 30 2022 | n/a | n/a | ₹9b |
| Jun 30 2022 | n/a | n/a | ₹10b |
| Mar 31 2022 | ₹33m | ₹19m | ₹11b |
| Dec 31 2021 | n/a | n/a | ₹11b |
| Sep 30 2021 | n/a | n/a | ₹11b |
| Jun 30 2021 | n/a | n/a | ₹10b |
| Mar 31 2021 | ₹26m | ₹15m | ₹8b |
| Dec 31 2020 | n/a | n/a | ₹7b |
| Sep 30 2020 | n/a | n/a | ₹6b |
| Jun 30 2020 | n/a | n/a | ₹6b |
| Mar 31 2020 | ₹15m | ₹9m | ₹6b |
| Dec 31 2019 | n/a | n/a | ₹5b |
| Sep 30 2019 | n/a | n/a | ₹4b |
| Jun 30 2019 | n/a | n/a | ₹3b |
| Mar 31 2019 | ₹17m | ₹7m | ₹2b |
| Mar 31 2018 | ₹10m | ₹7m | ₹790m |
Compensation vs Market: Maulik's total compensation ($USD454.04K) is about average for companies of similar size in the Indian market ($USD566.27K).
Compensation vs Earnings: Maulik's compensation has been consistent with company performance over the past year.
CEO
Maulik Mehta (40 yo)
3.9yrs
Tenure
₹37,900,000
Compensation
Mr. Maulik Deepak Mehta serves as Chief Executive Officer at Deepak Nitrite Limited since June 1, 2020. He was an Associate Vice President at Deepak Nitrite ltd. since October 2013 until May 31, 2020 and s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 45.9yrs | ₹69.90m | 16.52% ₹ 54.7b | |
| CEO & Executive Director | 3.9yrs | ₹37.90m | 0.096% ₹ 318.9m | |
| CFO & Chief Risk Officer | 1.8yrs | ₹11.10m | no data | |
| Director of Finance | 1.8yrs | ₹49.30m | 0.00091% ₹ 3.0m | |
| Senior General Manager of Accounts & Taxation | no data | no data | no data | |
| Senior General Manage of Technology Development | no data | no data | no data | |
| Company Secretary & Compliance Officer | 10yrs | ₹7.60m | no data | |
| Vice President of Human Resource | no data | ₹7.10m | no data | |
| President of BI & Executive Director | no data | ₹12.00m | 0.000010% ₹ 33.1k | |
| Head of Fine & Speciality Chemicals | no data | no data | no data | |
| President of Performance Product | no data | ₹8.40m | no data | |
| Chief Manufacturing Officer | less than a year | no data | no data |
2.8yrs
Average Tenure
58.5yo
Average Age
Experienced Management: 506401's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 45.9yrs | ₹69.90m | 16.52% ₹ 54.7b | |
| CEO & Executive Director | 8yrs | ₹37.90m | 0.096% ₹ 318.9m | |
| Director of Finance | 7.1yrs | ₹49.30m | 0.00091% ₹ 3.0m | |
| President of BI & Executive Director | less than a year | ₹12.00m | 0.000010% ₹ 33.1k | |
| Non-Executive Director | 6.4yrs | ₹1.71m | no data | |
| Non-Executive Independent Director | 4.3yrs | ₹2.38m | no data | |
| Non-Executive Independent Director | 5yrs | ₹3.00m | no data | |
| Independent Director | 1.8yrs | ₹1.14m | no data | |
| Independent Director | 1.8yrs | ₹1.70m | no data | |
| Non-Executive Independent Director | 5yrs | ₹2.81m | no data | |
| Non-Executive Non-Independent Director | 2yrs | ₹1.16m | 0.035% ₹ 114.8m | |
| Independent Director | 1.8yrs | ₹1.66m | no data |
4.6yrs
Average Tenure
60yo
Average Age
Experienced Board: 506401's board of directors are considered experienced (4.6 years average tenure).