Advance Petrochemicals Ltd.

BSE:506947 Stock Report

Market Cap: ₹242.9m

Advance Petrochemicals Management

Management criteria checks 4/4

Advance Petrochemicals' CEO is Pulkit Ashok Goenka, appointed in Oct 2019, has a tenure of 5.08 years. directly owns 5.66% of the company’s shares, worth ₹13.76M. The average tenure of the management team and the board of directors is 5.1 years and 4.4 years respectively.

Key information

Pulkit Ashok Goenka

Chief executive officer

₹3.0m

Total compensation

CEO salary percentagen/a
CEO tenure5.1yrs
CEO ownership5.7%
Management average tenure5.1yrs
Board average tenure4.4yrs

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
Sep 30 2024n/an/a

₹2m

Jun 30 2024n/an/a

₹5m

Mar 31 2024₹3mn/a

₹2m

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 ($USD35.53K) is about average for companies of similar size in the Indian market ($USD42.61K).

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

CEO

Pulkit Ashok Goenka (41 yo)

5.1yrs

Tenure

₹3,000,000

Compensation

Mr. Pulkit Ashok Kumar Goenka was Non-Executive Non- Independent Director of Advance Multitech Limited until August 13, 2024. He has been Managing Director and Whole time Director of Advance Petrochemicals...

Leadership Team

NamePositionTenureCompensationOwnership
Pulkit Ashok Goenka
MD & Executive Chairman5.1yrs₹3.00m5.66%
₹ 13.8m
Natraj Arli
Chief Financial Officer9.7yrs₹564.00kno data
Mohit Asawa
Company Secretary & Compliance Officer4.3yrsno datano data

5.1yrs

Average Tenure

Experienced Management: 506947's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Pulkit Ashok Goenka
MD & Executive Chairman5.1yrs₹3.00m5.66%
₹ 13.8m
Arvindbhai Kumar Goenka
Non Executive & Non Independent Director27yrsno data0.22%
₹ 542.5k
Aanchal Goenka
Non-Executive & Non-Independent Director9.7yrsno datano data
Akshat Shukla
Independent Non-Executive Director3.7yrsno datano data
Palak Relia
Non-Executive Non Independent Director3.3yrsno datano data
Harshil Vadodariya
Non-Executive Independent Directorless than a yearno datano data

4.4yrs

Average Tenure

41yo

Average Age

Experienced Board: 506947's board of directors are considered experienced (4.4 years average tenure).