Duroply Industries Management
Management criteria checks 2/4
Duroply Industries' CEO is Akhilesh Chitlangia, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is ₹4.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.7% of the company’s shares, worth ₹104.47M. The average tenure of the management team and the board of directors is 1.8 years and 7.5 years respectively.
Key information
Akhilesh Chitlangia
Chief executive officer
₹4.8m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | less than a year |
| CEO ownership | 3.7% |
| Management average tenure | 1.8yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹45m |
| Sep 30 2023 | n/a | n/a | ₹49m |
| Jun 30 2023 | n/a | n/a | ₹54m |
| Mar 31 2023 | ₹5m | ₹5m | ₹52m |
| Dec 31 2022 | n/a | n/a | -₹6m |
| Sep 30 2022 | n/a | n/a | -₹6m |
| Jun 30 2022 | n/a | n/a | -₹30m |
| Mar 31 2022 | ₹4m | n/a | -₹63m |
| Dec 31 2021 | n/a | n/a | ₹66m |
| Sep 30 2021 | n/a | n/a | ₹60m |
| Jun 30 2021 | n/a | n/a | ₹35m |
| Mar 31 2021 | ₹2m | n/a | -₹25m |
| Dec 31 2020 | n/a | n/a | -₹164m |
| Sep 30 2020 | n/a | n/a | -₹166m |
| Jun 30 2020 | n/a | n/a | -₹127m |
| Mar 31 2020 | ₹3m | n/a | -₹41m |
Compensation vs Market: Akhilesh's total compensation ($USD57.50K) is above average for companies of similar size in the Indian market ($USD39.52K).
Compensation vs Earnings: Akhilesh's compensation has been consistent with company performance over the past year.
CEO
Akhilesh Chitlangia (35 yo)
less than a year
Tenure
₹4,803,397
Compensation
Mr. Akhilesh Chitlangia serves as Executive Director of Duroply Industries Limited since May 30, 2022, served as its Chief Operating Officer since November 12, 2021 and served as its President of Sales and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 36yrs | ₹7.24m | 4.63% ₹ 130.7m | |
| CEO, MD & Executive Director | less than a year | ₹4.80m | 3.7% ₹ 104.5m | |
| Chief Financial Officer | 1.8yrs | ₹2.78m | no data | |
| Company Secretary & Compliance Officer | 2yrs | ₹571.00k | no data | |
| Vice President of Sales | no data | ₹4.30m | no data | |
| Vice President of Manufacturing | 7.1yrs | ₹3.32m | 3.69% ₹ 104.1m |
1.8yrs
Average Tenure
43yo
Average Age
Experienced Management: 516003's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 36yrs | ₹7.24m | 4.63% ₹ 130.7m | |
| CEO, MD & Executive Director | 2yrs | ₹4.80m | 3.7% ₹ 104.5m | |
| Additional Non-Executive Non-Independent Director | 1.8yrs | ₹40.00k | no data | |
| Non-Executive Independent Director | 13yrs | ₹140.00k | no data | |
| Non-Executive Independent Director | 47.9yrs | ₹137.50k | no data | |
| Non-Executive Independent Director | 18.3yrs | ₹107.50k | no data | |
| Non-Executive Independent Director | 21.7yrs | ₹162.50k | no data | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | 0.20% ₹ 5.7m | |
| Independent Non-Executive Director | less than a year | no data | no data |
7.5yrs
Average Tenure
64yo
Average Age
Experienced Board: 516003's board of directors are considered experienced (7.5 years average tenure).