Ashiana Ispat Management

Management criteria checks 2/4

Ashiana Ispat's CEO is Puneet Jain, appointed in Jun 2016, has a tenure of 7.83 years. total yearly compensation is ₹12.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 9.33% of the company’s shares, worth ₹33.27M. The average tenure of the management team and the board of directors is 5 years and 1.6 years respectively.

Key information

Puneet Jain

Chief executive officer

₹12.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	7.8yrs
CEO ownership	9.3%
Management average tenure	5yrs
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Puneet Jain's remuneration changed compared to Ashiana Ispat's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹12m
Sep 30 2023	n/a	n/a	₹12m
Jun 30 2023	n/a	n/a	₹19m
Mar 31 2023	₹12m	₹12m	₹30m
Dec 31 2022	n/a	n/a	₹32m
Sep 30 2022	n/a	n/a	₹27m
Jun 30 2022	n/a	n/a	₹12m
Mar 31 2022	₹12m	₹12m	₹10m
Dec 31 2021	n/a	n/a	₹11m
Sep 30 2021	n/a	n/a	₹14m
Jun 30 2021	n/a	n/a	₹14m
Mar 31 2021	₹11m	₹11m	₹12m
Dec 31 2020	n/a	n/a	-₹48m
Sep 30 2020	n/a	n/a	-₹121m
Jun 30 2020	n/a	n/a	-₹117m
Mar 31 2020	₹12m	₹12m	-₹117m
Dec 31 2019	n/a	n/a	-₹50m
Sep 30 2019	n/a	n/a	₹23m
Jun 30 2019	n/a	n/a	₹26m
Mar 31 2019	₹10m	₹10m	₹43m
Dec 31 2018	n/a	n/a	₹47m
Sep 30 2018	n/a	n/a	₹58m
Jun 30 2018	n/a	n/a	₹51m
Mar 31 2018	₹7m	₹7m	₹35m

Compensation vs Market: Puneet's total compensation ($USD143.96K) is above average for companies of similar size in the Indian market ($USD39.31K).

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

CEO

Puneet Jain (48 yo)

7.8yrs

Tenure

₹12,000,000

Compensation

Mr. Puneet Kumar Jain has been Managing Director of Ashiana Ispat Ltd since June 1, 2016 and serves as its Whole Time Director since January 01, 2003. Mr. Jain has been involved with iron and steel industr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Puneet Jain	MD & Whole Time Director	7.8yrs	₹12.00m	9.33% ₹ 33.3m
Naresh Jain	Executive Director & Whole Time Director	no data	₹2.40m	22.22% ₹ 79.2m
Anu Bansal	Whole Time Director & Executive Director	2.8yrs	₹360.00k	no data
Ravindra Jain	Chief Financial Officer	5yrs	no data	no data
Harun Ansari	Compliance Officer & Company Secretary	no data	no data	no data

5.0yrs

Average Tenure

48yo

Average Age

Experienced Management: 513401's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Puneet Jain	MD & Whole Time Director	21.3yrs	₹12.00m	9.33% ₹ 33.3m
Naresh Jain	Executive Director & Whole Time Director	18.3yrs	₹2.40m	22.22% ₹ 79.2m
Anu Bansal	Whole Time Director & Executive Director	2.8yrs	₹360.00k	no data
Rajesh Pal	Independent Director	1.6yrs	₹10.00k	no data
Shruti Jain	Independent Non-Executive Director	9.1yrs	₹22.50k	no data
Ashita Jain	Non-Executive Non Independent Chairman	1.4yrs	no data	no data
Manoj Kumar	Independent Director	less than a year	no data	no data
Kapil Agarwal	Additional Non-Executive & Non-Independent Director	no data	no data	no data
Mritunjay Kumar	Additional Non-Executive & Non-Independent Director	no data	no data	no data

1.6yrs

Average Tenure

47yo

Average Age

Experienced Board: 513401's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Ashiana Ispat Management

Management criteria checks 2/4

Key information

Recent management updates

Ashiana Ispat Limited Appoints Mritunjay Kumar and Kapil Agarwal as Additional Director (Non-Executive Non-Independent)

Ashiana Ispat Limited, Annual General Meeting, Sep 28, 2023

Ashiana Ispat Limited Announces Board Changes

Ashiana Ispat Limited Announces Board Changes

Ashiana Ispat Limited Approves the Appointment of Ashita Jain as an Additional Director (Non-Executive) and Member of the Nomination and Remuneration Committee

Less than half of directors are independent

Recent updates

Ashiana Ispat Limited Appoints Mritunjay Kumar and Kapil Agarwal as Additional Director (Non-Executive Non-Independent)

Investor sentiment improves as stock rises 28%

Third quarter 2024 earnings released: EPS: ₹0.81 (vs ₹0.81 in 3Q 2023)

Investor sentiment improves as stock rises 23%

Ashiana Ispat Limited to Report Fiscal Year 2023 Results on Mar 08, 2024

Ashiana Ispat Limited to Report Nine Months, 2024 Results on Feb 14, 2024

Investor sentiment improves as stock rises 21%

Investor sentiment improves as stock rises 19%

New minor risk - Profit margin trend

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 19%

Ashiana Ispat Limited, Annual General Meeting, Sep 28, 2023

First quarter 2024 earnings released: ₹0.55 loss per share (vs ₹0.80 profit in 1Q 2023)

Ashiana Ispat Limited to Report Q1, 2024 Results on Aug 14, 2023

Full year 2023 earnings released: EPS: ₹3.76 (vs ₹1.27 in FY 2022)

Now 21% undervalued

Ashiana Ispat Limited to Report Q4, 2023 Results on May 30, 2023

Now 23% undervalued after recent price drop

Now 24% undervalued after recent price drop

Now 25% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: ₹0.81 (vs ₹0.19 in 3Q 2022)

Ashiana Ispat Limited Announces Board Changes

Ashiana Ispat Limited to Report Q3, 2023 Results on Feb 14, 2023

Investor sentiment deteriorated over the past week

Ashiana Ispat Limited Announces Board Changes

Investor sentiment improved over the past week

Ashiana Ispat Limited Approves the Appointment of Ashita Jain as an Additional Director (Non-Executive) and Member of the Nomination and Remuneration Committee

Second quarter 2023 earnings released: EPS: ₹2.04 (vs ₹0.17 in 2Q 2022)

Less than half of directors are independent

Ashiana Ispat Limited to Report Q2, 2023 Results on Nov 14, 2022

Investor sentiment deteriorated over the past week

Ashiana Ispat Limited Approves Appointment of Rajesh Kumar Pal as an Independent Director

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Ashiana Ispat Limited Announces Resignation of Independent Directors

First quarter 2023 earnings released: EPS: ₹0.80 (vs ₹0.57 in 1Q 2022)

Ashiana Ispat Limited to Report Q1, 2023 Results on Aug 13, 2022

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹1.27 (vs ₹1.45 in FY 2021)

Insufficient new directors

Ashiana Ispat Limited to Report Q4, 2022 Results on May 30, 2022

Ashiana Ispat Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment improved over the past week

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

Ashiana Ispat Limited to Report Q3, 2022 Results on Feb 14, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹0.17 (vs ₹0.19 in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹0.57 (vs ₹0.23 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹1.45 (vs ₹14.72 loss in FY 2020)

New 90-day low: ₹10.41

Third quarter 2021 earnings released: EPS ₹0.62 (vs ₹8.63 loss in 3Q 2020)

New 90-day high: ₹12.66

Ashiana Ispat Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹12.58

New 90-day high: ₹11.06

New 90-day high: ₹10.20

Second quarter 2021 earnings released: EPS ₹0.19

New 90-day high: ₹9.18

New 90-day high: ₹8.88

First quarter earnings released

First quarter earnings released

Full year earnings released - ₹14.72 loss per share

Ashiana Ispat Limited to Report Q1, 2021 Results on Sep 08, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation