Gujarat Petrosynthese Management

Management criteria checks 4/4

Gujarat Petrosynthese's CEO is Charita Thakkar, appointed in Apr 2016, has a tenure of 8.58 years. total yearly compensation is ₹3.03M, comprised of 94% salary and 6% bonuses, including company stock and options. directly owns 10.14% of the company’s shares, worth ₹41.82M. The average tenure of the management team and the board of directors is 8.6 years and 6.1 years respectively.

Key information

Charita Thakkar

Chief executive officer

₹3.0m

Total compensation

CEO salary percentage	94.0%
CEO tenure	8.6yrs
CEO ownership	10.1%
Management average tenure	8.6yrs
Board average tenure	6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charita Thakkar's remuneration changed compared to Gujarat Petrosynthese's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹13m
Jun 30 2024	n/a	n/a	₹13m
Mar 31 2024	₹3m	₹3m	₹17m
Dec 31 2023	n/a	n/a	₹18m
Sep 30 2023	n/a	n/a	₹14m
Jun 30 2023	n/a	n/a	₹13m
Mar 31 2023	₹3m	₹3m	₹14m
Dec 31 2022	n/a	n/a	₹4m
Sep 30 2022	n/a	n/a	₹7m
Jun 30 2022	n/a	n/a	₹8m
Mar 31 2022	₹2m	₹2m	₹19m
Dec 31 2021	n/a	n/a	₹13m
Sep 30 2021	n/a	n/a	₹65m
Jun 30 2021	n/a	n/a	₹61m
Mar 31 2021	₹2m	₹2m	₹55m
Dec 31 2020	n/a	n/a	₹75m
Sep 30 2020	n/a	n/a	₹20m
Jun 30 2020	n/a	n/a	₹19m
Mar 31 2020	₹2m	₹2m	₹20m
Dec 31 2019	n/a	n/a	₹253m
Sep 30 2019	n/a	n/a	₹248m
Jun 30 2019	n/a	n/a	₹244m
Mar 31 2019	₹3m	₹2m	₹245m
Mar 31 2018	₹3m	₹2m	-₹5m

Compensation vs Market: Charita's total compensation ($USD35.97K) is about average for companies of similar size in the Indian market ($USD42.72K).

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

CEO

Charita Thakkar (64 yo)

8.6yrs

Tenure

₹3,032,291

Compensation

Mrs. Charita R. Thakkar has been a Executive Joint Managing Director & Director of Gujarat Petrosynthese Ltd. since April 1, 2016 & September 28, 1990 respectively. Mrs. Thakkar has experience in Finance a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Charita Thakkar	Executive Joint MD & Director	8.6yrs	₹3.03m	10.14% ₹ 41.8m
Urmi Prasad	Joint MD	8.6yrs	₹3.25m	4.86% ₹ 20.0m
Sagar Pahariya	Company Secretary & Compliance Officer	2yrs	₹258.00k	no data
Sunil S M	Manager of Operations	no data	no data	no data
K. Hema	Senior Manager of Accounts	no data	no data	no data

8.6yrs

Average Tenure

55yo

Average Age

Experienced Management: 506858's management team is seasoned and experienced (8.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Charita Thakkar	Executive Joint MD & Director	34.2yrs	₹3.03m	10.14% ₹ 41.8m
Urmi Prasad	Joint MD	31.6yrs	₹3.25m	4.86% ₹ 20.0m
Rajesh Parikh	Independent Non-Executive Director	6.1yrs	₹195.00k	0.0024% ₹ 9.8k
Phiroz Munshi	Independent Director	1.3yrs	₹90.00k	no data
Nuthakki Prasad	Non-Executive Non- Independent Director	1.3yrs	₹75.00k	no data

6.1yrs

Average Tenure

64yo

Average Age

Experienced Board: 506858's board of directors are considered experienced (6.1 years average tenure).

Gujarat Petrosynthese Management

Management criteria checks 4/4

Key information

Recent management updates

Gujarat Petrosynthese Limited, Annual General Meeting, Aug 09, 2024

Gujarat Petrosynthese Limited Announces Change in Designation of Directors

Gujarat Petrosynthese Limited, Annual General Meeting, Sep 15, 2023

Insufficient new directors

Gujarat Petrosynthese Limited Appoints Sagar Pahariya as the Company Secretary

Gujarat Petrosynthese Limited Announces Executive Changes

Recent updates

New minor risk - Share price stability

Second quarter 2025 earnings released: EPS: ₹0.90 (vs ₹0.95 in 2Q 2024)

Gujarat Petrosynthese Limited to Report Q2, 2025 Results on Nov 07, 2024

Investor sentiment improves as stock rises 18%

First quarter 2025 earnings released: ₹0.18 loss per share (vs ₹0.44 profit in 1Q 2024)

Gujarat Petrosynthese Limited to Report Q1, 2025 Results on Aug 08, 2024

New minor risk - Earnings quality

Gujarat Petrosynthese Limited, Annual General Meeting, Aug 09, 2024

Investor sentiment improves as stock rises 16%

Full year 2024 earnings released: EPS: ₹2.78 (vs ₹2.32 in FY 2023)

Gujarat Petrosynthese Limited to Report Q4, 2024 Results on May 28, 2024

Investor sentiment improves as stock rises 35%

Investor sentiment improves as stock rises 22%

Third quarter 2024 earnings released: EPS: ₹1.16 (vs ₹0.42 in 3Q 2023)

Gujarat Petrosynthese Limited to Report Q3, 2024 Results on Feb 13, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 21%

Second quarter 2024 earnings released: EPS: ₹0.95 (vs ₹0.40 in 2Q 2023)

Gujarat Petrosynthese Limited to Report Q2, 2024 Results on Nov 13, 2023

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Gujarat Petrosynthese Limited Announces Change in Designation of Directors

Investor sentiment improves as stock rises 28%

Gujarat Petrosynthese Limited, Annual General Meeting, Sep 15, 2023

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: ₹0.44 (vs ₹0.44 in 1Q 2023)

Gujarat Petrosynthese Limited to Report Q1, 2024 Results on Aug 09, 2023

Full year 2023 earnings released: EPS: ₹2.32 (vs ₹1.64 in FY 2022)

Gujarat Petrosynthese Limited to Report Q4, 2023 Results on May 30, 2023

Third quarter 2023 earnings released: EPS: ₹0.42 (vs ₹1.05 in 3Q 2022)

Gujarat Petrosynthese Limited to Report Q3, 2023 Results on Feb 10, 2023

Insufficient new directors

Gujarat Petrosynthese Limited Appoints Sagar Pahariya as the Company Secretary

Gujarat Petrosynthese Limited Announces Executive Changes

First quarter 2023 earnings released: EPS: ₹0.44 (vs ₹0.77 in 1Q 2022)

Gujarat Petrosynthese Limited Appoints Divyaraj Chandwaskar as the Company Secretary and Compliance Office

Gujarat Petrosynthese Limited to Report Q1, 2023 Results on Aug 12, 2022

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹2.40 (vs ₹9.15 in FY 2021)

Gujarat Petrosynthese Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment deteriorated over the past week

Insufficient new directors

Gujarat Petrosynthese Limited Appoints Urmi N. Prasad as Compliance Officer

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

Gujarat Petrosynthese Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment improved over the past week

Insufficient new directors

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS ₹9.95 (vs ₹3.39 in FY 2020)

Investor sentiment improved over the past week

New 90-day high: ₹15.79

Gujarat Petrosynthese Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day low: ₹12.05

Investor sentiment improved over the past week

New 90-day low: ₹12.50

Investor sentiment improved over the past week

New 90-day low: ₹12.91

Market pulls back on stock over the past week

Second quarter 2021 earnings released: ₹0.01 loss per share

Market pulls back on stock over the past week

First quarter earnings released

Gujarat Petrosynthese Limited to Report Q1, 2021 Results on Aug 20, 2020

Gujarat Petrosynthese Limited to Report Q4, 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure