Primo Chemicals Limited

BSE:506852 Stock Report

Market Cap: ₹11.2b

Primo Chemicals Management

Management criteria checks 3/4

Primo Chemicals' CEO is Naveen Chopra, appointed in Oct 2020, has a tenure of 3.58 years. total yearly compensation is ₹56.49M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 17.54% of the company’s shares, worth ₹1.97B. The average tenure of the management team and the board of directors is 3.1 years and 3.6 years respectively.

Key information

Naveen Chopra

Chief executive officer

₹56.5m

Total compensation

CEO salary percentage100.0%
CEO tenure3.6yrs
CEO ownership17.5%
Management average tenure3.1yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Naveen Chopra's remuneration changed compared to Primo Chemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-₹148m

Sep 30 2023n/an/a

₹304m

Jun 30 2023n/an/a

₹817m

Mar 31 2023₹56m₹56m

₹1b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹958m

Mar 31 2022₹577mn/a

₹592m

Dec 31 2021n/an/a

₹191m

Sep 30 2021n/an/a

-₹202m

Jun 30 2021n/an/a

₹205m

Mar 31 2021₹287mn/a

₹82m

Dec 31 2020n/an/a

₹19m

Sep 30 2020n/an/a

-₹17m

Jun 30 2020n/an/a

-₹65m

Mar 31 2020₹4m₹4m

₹88m

Compensation vs Market: Naveen's total compensation ($USD676.76K) is above average for companies of similar size in the Indian market ($USD39.30K).

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


CEO

Naveen Chopra (53 yo)

3.6yrs

Tenure

₹56,491,000

Compensation

Mr. Naveen Chopra has been Director of Marketing and Executive Director at Primo Chemicals Limited (formerly known as Punjab Alkalies & Chemicals Limited) since May 28, 2019 and has been its Managing Direc...


Leadership Team

NamePositionTenureCompensationOwnership
Naveen Chopra
MD, Director of Marketing & Executive Director3.6yrs₹56.49m17.54%
₹ 2.0b
Arun Kaushal
Chief Financial Officer3.8yrs₹2.14mno data
Sugandha Kukreja
Company Secretary & Compliance Officer7.6yrs₹2.10mno data
Jatin Dahiya
Executive Director3.1yrs₹27.29m2.26%
₹ 254.4m
Munish Aggarwal
Senior Vice President of Tech1.2yrsno datano data
Devender Singh Saini
Deputy General Manager of Salesno datano datano data
Ranjit Marwah
CHRO1.8yrsno datano data
Sanjeev Saunkhla
Chief IT Officer1.4yrsno datano data

3.1yrs

Average Tenure

Experienced Management: 506852's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Naveen Chopra
MD, Director of Marketing & Executive Director5yrs₹56.49m17.54%
₹ 2.0b
Jatin Dahiya
Executive Director3.6yrs₹27.29m2.26%
₹ 254.4m
Tilak Bajalia
Independent Non-Executive Director3.6yrs₹1.03mno data
Sukhbir Dahiya
Chairman of the Board3.6yrs₹1.63m10.43%
₹ 1.2b
Jagbir Ahlawat
Non Executive Non Independent Director3.6yrs₹450.00k6.4%
₹ 719.4m
Ashok Goyal
Independent Non-Executive Director3.6yrs₹2.18mno data
Kuldip Suhag
Independent Non-Executive Director3.6yrs₹1.08m0.029%
₹ 3.3m
Teesta Sandhu
Independent Woman Director2.4yrs₹575.00k0.014%
₹ 1.6m

3.6yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 506852's board of directors are considered experienced (3.6 years average tenure).


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