UPL Management
Management criteria checks 1/4
UPL's CEO is Jai Rajnikant Shroff, appointed in Feb 2007, has a tenure of 18.17 years. total yearly compensation is ₹666.60M, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 1.38% of the company’s shares, worth ₹7.89B. The average tenure of the management team and the board of directors is 5.4 years and 2.5 years respectively.
Key information
Jai Rajnikant Shroff
Chief executive officer
₹666.6m
Total compensation
| CEO salary percentage | 50.0% |
| CEO tenure | 18.2yrs |
| CEO ownership | 1.4% |
| Management average tenure | 5.4yrs |
| Board average tenure | 2.5yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -₹950m |
| Sep 30 2024 | n/a | n/a | -₹21b |
| Jun 30 2024 | n/a | n/a | -₹19b |
| Mar 31 2024 | ₹667m | ₹333m | -₹13b |
| Dec 31 2023 | n/a | n/a | -₹6b |
| Sep 30 2023 | n/a | n/a | ₹17b |
| Jun 30 2023 | n/a | n/a | ₹27b |
| Mar 31 2023 | n/a | n/a | ₹34b |
| Dec 31 2022 | n/a | n/a | ₹40b |
| Sep 30 2022 | n/a | n/a | ₹39b |
| Jun 30 2022 | n/a | n/a | ₹37b |
| Mar 31 2022 | n/a | n/a | ₹35b |
| Dec 31 2021 | n/a | n/a | ₹32b |
| Sep 30 2021 | n/a | n/a | ₹31b |
| Jun 30 2021 | n/a | n/a | ₹29b |
| Mar 31 2021 | n/a | n/a | ₹28b |
| Dec 31 2020 | n/a | n/a | ₹24b |
| Sep 30 2020 | n/a | n/a | ₹23b |
| Jun 30 2020 | n/a | n/a | ₹20b |
| Mar 31 2020 | ₹570m | n/a | ₹18b |
Compensation vs Market: Jai's total compensation ($USD7.84M) is above average for companies of similar size in the Indian market ($USD764.21K).
Compensation vs Earnings: Jai's compensation has increased whilst the company is unprofitable.
CEO
Jai Rajnikant Shroff (59 yo)
18.2yrs
Tenure
₹666,600,800
Compensation
Mr. Jaidev Rajnikant Shroff, also known as Jai, B.Sc., serves as Chairman at UPL Limited since December 1, 2022. He is a Promoter of Pacific Seeds (Thai) Ltd. Mr. Shroff has been Group Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 18.2yrs | ₹666.60m | 1.38% ₹ 7.9b | |
| Vice-Chairman & Co-CEO of UPL Group | 19yrs | ₹333.30m | 1.14% ₹ 6.5b | |
| CEO of UPL Speciality Chemicals Ltd & Whole-Time Director | 2.4yrs | ₹68.90m | no data | |
| Chief Financial Officer | no data | ₹60.00m | no data | |
| Global Chief Operating Officer | 3.2yrs | no data | no data | |
| Senior General Manager of Accounts | 32.6yrs | no data | no data | |
| Chief Technology Officer | 3.3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Company Secretary & Compliance Officer | 5.4yrs | no data | no data | |
| Chief Operating Officer of Specialty Chemicals | no data | no data | no data | |
| Chief Commercial Officer of UPL Corporation | no data | no data | no data | |
| President of Corporate Affairs | 14yrs | no data | no data |
5.4yrs
Average Tenure
59.5yo
Average Age
Experienced Management: 512070's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.5yrs | ₹666.60m | 1.38% ₹ 7.9b | |
| Vice-Chairman & Co-CEO of UPL Group | 19yrs | ₹333.30m | 1.14% ₹ 6.5b | |
| CEO of UPL Speciality Chemicals Ltd & Whole-Time Director | 2.4yrs | ₹68.90m | no data | |
| Chairman Emeritus | 2.3yrs | ₹120.70m | 0.0020% ₹ 11.5m | |
| Independent Director | 3.5yrs | ₹6.84m | no data | |
| Additional Non-Executive Non-Independent Director | 10.2yrs | ₹7.20m | 0.0063% ₹ 35.8m | |
| Independent & Non-Executive Director | 9.4yrs | ₹7.44m | no data | |
| Non-Executive & Independent Director | 1.7yrs | ₹480.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.5yrs | ₹3.88m | no data | |
| Independent Director | less than a year | no data | no data |
2.5yrs
Average Tenure
63yo
Average Age
Experienced Board: 512070's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/28 04:43 |
| End of Day Share Price | 2025/04/28 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
UPL Limited is covered by 49 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Himanshu Binani | Anand Rathi Shares and Stock Brokers Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Sageraj Bariya | Angel Broking Private Limited |