Mahalaxmi Seamless Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Vivek Jalan

Chief executive officer

₹1.4m

Total compensation

CEO salary percentage	100.0%
CEO tenure	5.1yrs
CEO ownership	9.6%
Management average tenure	no data
Board average tenure	15.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vivek Jalan's remuneration changed compared to Mahalaxmi Seamless's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-₹14m
Sep 30 2023	n/a	n/a	-₹13m
Jun 30 2023	n/a	n/a	₹4m
Mar 31 2023	₹1m	₹1m	₹4m
Dec 31 2022	n/a	n/a	₹5m
Sep 30 2022	n/a	n/a	₹6m
Jun 30 2022	n/a	n/a	₹5m
Mar 31 2022	₹1m	₹1m	₹5m
Dec 31 2021	n/a	n/a	₹6m
Sep 30 2021	n/a	n/a	₹5m
Jun 30 2021	n/a	n/a	₹4m
Mar 31 2021	₹1m	₹1m	₹4m
Dec 31 2020	n/a	n/a	₹2m
Sep 30 2020	n/a	n/a	₹1m
Jun 30 2020	n/a	n/a	-₹292k
Mar 31 2020	₹1m	₹1m	-₹908k
Dec 31 2019	n/a	n/a	-₹2m
Sep 30 2019	n/a	n/a	-₹2m
Jun 30 2019	n/a	n/a	-₹1m
Mar 31 2019	₹1m	₹1m	-₹908k
Dec 31 2018	n/a	n/a	-₹2m
Sep 30 2018	n/a	n/a	-₹3m
Jun 30 2018	n/a	n/a	-₹2m
Mar 31 2018	₹2m	₹2m	-₹10m

Compensation vs Market: Vivek's total compensation ($USD17.25K) is below average for companies of similar size in the Indian market ($USD39.30K).

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

CEO

Vivek Jalan (53 yo)

5.1yrs

Tenure

₹1,440,000

Compensation

Mr. Vivek Madhavprasad Jalan serves as Managing Director at Managing Director since July 15, 2021. Mr. Jalan has been the Chief Financial Officer of Mahalaxmi Seamless Limited since April 18, 2019 and has...

Board Members

Name	Position	Tenure	Compensation	Ownership
Madhavprasad Jalan	Chairman of the Board	33.1yrs	₹1.20m	10.12% ₹ 5.8m
Vivek Jalan	MD, CFO & Whole-Time Director	20.4yrs	₹1.44m	9.62% ₹ 5.5m
Mala Sharma	Whole-Time Director	14.3yrs	₹1.20m	no data
Chandrashekar Kulkarni	Independent Non-Executive Director	16.1yrs	no data	no data
Sushil Jain	Independent Non-Executive Director	5.3yrs	no data	no data
Aditya Moda	Independent Non-Executive Director	4.3yrs	no data	no data

15.2yrs

Average Tenure

Experienced Board: 513460's board of directors are seasoned and experienced ( 15.2 years average tenure).

Mahalaxmi Seamless Management

Management criteria checks 3/4

Key information

Recent management updates

Mahalaxmi Seamless Limited, Annual General Meeting, Sep 08, 2023

Mahalaxmi Seamless Limited Appoints Sumit Panwar as Company Secretary (Kmp) and Compliance Officer

Insufficient new directors

Mahalaxmi Seamless Limited Announces Resignation of Ms. Palak Salecha as Company Secretary and Compliance Officer

Mahalaxmi Seamless Limited, Annual General Meeting, Sep 27, 2022

Mahalaxmi Seamless Limited, Annual General Meeting, Sep 27, 2022

Recent updates

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: ₹0.06 (vs ₹0.14 in 3Q 2023)

New minor risk - Share price stability

Second quarter 2024 earnings released: ₹2.91 loss per share (vs ₹0.28 profit in 2Q 2023)

Mahalaxmi Seamless Limited to Report Q2, 2024 Results on Nov 07, 2023

Mahalaxmi Seamless Limited, Annual General Meeting, Sep 08, 2023

First quarter 2024 earnings released: EPS: ₹0.10 (vs ₹0.12 in 1Q 2023)

Mahalaxmi Seamless Limited to Report Q1, 2024 Results on Aug 11, 2023

New major risk - Share price stability

Mahalaxmi Seamless Limited Appoints Sumit Panwar as Company Secretary (Kmp) and Compliance Officer

Investor sentiment improves as stock rises 19%

Full year 2023 earnings released: EPS: ₹0.73 (vs ₹1.02 in FY 2022)

Mahalaxmi Seamless Limited to Report Fiscal Year 2023 Results on May 26, 2023

Insufficient new directors

Third quarter 2023 earnings released: EPS: ₹0.14 (vs ₹0.25 in 3Q 2022)

Mahalaxmi Seamless Limited to Report Q3, 2023 Results on Feb 08, 2023

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improved over the past week

Mahalaxmi Seamless Limited Announces Resignation of Ms. Palak Salecha as Company Secretary and Compliance Officer

Mahalaxmi Seamless Limited to Report Q2, 2023 Results on Nov 12, 2022

Investor sentiment improved over the past week

Mahalaxmi Seamless Limited, Annual General Meeting, Sep 27, 2022

Mahalaxmi Seamless Limited, Annual General Meeting, Sep 27, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: ₹0.12 (vs ₹0.17 in 1Q 2022)

Now 20% undervalued after recent price drop

Mahalaxmi Seamless Limited to Report Q1, 2023 Results on Aug 10, 2022

Now 21% undervalued after recent price drop

Now 20% undervalued

Mahalaxmi Seamless Limited to Report Q4, 2022 Results on May 30, 2022

Now 23% undervalued after recent price drop

Now 23% undervalued after recent price drop

Investor sentiment improved over the past week

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 21% undervalued

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

Mahalaxmi Seamless Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹0.17 (vs ₹0.13 in 2Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹0.76 (vs ₹0.17 loss in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹0.08 (vs ₹0.04 loss in 3Q 2020)

Mahalaxmi Seamless Limited to Report Q3, 2021 Results on Feb 12, 2021

Investor sentiment deteriorated over the past week

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure