Advance Petrochemicals Ltd.

BSE:506947 Stock Report

Market Cap: ₹192.7m

Advance Petrochemicals Management

Management criteria checks 3/4

Advance Petrochemicals' CEO is Pulkit Ashok Goenka, appointed in Oct 2019, has a tenure of 4.5 years. directly owns 3.61% of the company’s shares, worth ₹6.95M. The average tenure of the management team and the board of directors is 4.5 years and 3.8 years respectively.

Key information

Pulkit Ashok Goenka

Chief executive officer

₹3.0m

Total compensation

CEO salary percentagen/a
CEO tenure4.5yrs
CEO ownership3.6%
Management average tenure4.5yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pulkit Ashok Goenka's remuneration changed compared to Advance Petrochemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-₹4m

Sep 30 2023n/an/a

-₹442k

Jun 30 2023n/an/a

₹549k

Mar 31 2023₹3mn/a

₹9m

Dec 31 2022n/an/a

₹14m

Sep 30 2022n/an/a

₹12m

Jun 30 2022n/an/a

₹9m

Mar 31 2022₹3mn/a

₹3m

Dec 31 2021n/an/a

₹5m

Sep 30 2021n/an/a

₹4m

Jun 30 2021n/an/a

₹3m

Mar 31 2021₹1mn/a

₹3m

Dec 31 2020n/an/a

₹969k

Sep 30 2020n/an/a

₹835k

Jun 30 2020n/an/a

₹749k

Mar 31 2020₹1m₹450k

₹740k

Compensation vs Market: Pulkit Ashok's total compensation ($USD36.03K) is about average for companies of similar size in the Indian market ($USD39.52K).

Compensation vs Earnings: Pulkit Ashok's compensation has increased whilst the company is unprofitable.


CEO

Pulkit Ashok Goenka (40 yo)

4.5yrs

Tenure

₹3,000,000

Compensation

Mr. Pulkit Ashok Kumar Goenka has been Managing Director and Whole time Director of Advance Petrochemicals Limited since October 25, 2019 and serves as its Chairman. He has been Chief Financial Officer of...


Leadership Team

NamePositionTenureCompensationOwnership
Pulkit Ashok Goenka
MD & Executive Chairman4.5yrs₹3.00m3.61%
₹ 7.0m
Natraj Arli
CFO & Director9.1yrs₹535.00kno data
Mohit Asawa
Company Secretary3.7yrsno datano data

4.5yrs

Average Tenure

Experienced Management: 506947's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pulkit Ashok Goenka
MD & Executive Chairman4.5yrs₹3.00m3.61%
₹ 7.0m
Natraj Arli
CFO & Directorless than a year₹535.00kno data
Mohit Asawa
Company Secretaryless than a yearno datano data
Arvindbhai Kumar Goenka
Non Executive & Non Independent Director26.4yrsno data0.22%
₹ 430.4k
Nirish Parikh
Independent Non-Executive Director12.9yrsno datano data
Aanchal Goenka
Non-Executive & Non-Independent Director9.1yrsno datano data
Akshat Shukla
Independent Non-Executive Director3.1yrsno datano data
Palak Relia
Non-Executive Non Independent Director2.8yrsno datano data

3.8yrs

Average Tenure

40yo

Average Age

Experienced Board: 506947's board of directors are considered experienced (3.8 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.