Duroply Industries Management
Management criteria checks 1/4
Duroply Industries' CEO is Akhilesh Chitlangia, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is ₹5.61M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.7% of the company’s shares, worth ₹91.52M. The average tenure of the management team and the board of directors is 0.6 years and 1.5 years respectively.
Key information
Akhilesh Chitlangia
Chief executive officer
₹5.6m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | less than a year |
| CEO ownership | 3.7% |
| Management average tenure | less than a year |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹29m |
| Jun 30 2024 | n/a | n/a | ₹30m |
| Mar 31 2024 | ₹6m | ₹6m | ₹10m |
| 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 ($USD66.49K) is above average for companies of similar size in the Indian market ($USD42.63K).
Compensation vs Earnings: Akhilesh's compensation has been consistent with company performance over the past year.
CEO
Akhilesh Chitlangia (36 yo)
less than a year
Tenure
₹5,614,383
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 | 36.5yrs | ₹8.58m | 4.63% ₹ 114.5m | |
| CEO, MD & Executive Director | less than a year | ₹5.61m | 3.7% ₹ 91.5m | |
| Chief Financial Officer | 2.3yrs | ₹3.16m | no data | |
| Company Secretary & Compliance Officer | 2.5yrs | ₹786.00k | no data | |
| President of Manufacturing | less than a year | ₹3.99m | 3.69% ₹ 91.2m | |
| Senior Vice President of Sales | less than a year | no data | no data |
0.6yrs
Average Tenure
44yo
Average Age
Experienced Management: 516003's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 36.5yrs | ₹8.58m | 4.63% ₹ 114.5m | |
| CEO, MD & Executive Director | 2.5yrs | ₹5.61m | 3.7% ₹ 91.5m | |
| Additional Non-Executive Non-Independent Director | 2.3yrs | ₹60.00k | 0.26% ₹ 6.5m | |
| Non-Executive Independent Director | less than a year | ₹20.00k | no data | |
| Independent Non-Executive Director | 1.5yrs | ₹80.00k | 0.20% ₹ 5.0m | |
| Independent Non-Executive Director | 1.5yrs | ₹87.50k | no data | |
| Additional Non-Executive Independent Director | less than a year | no data | no data | |
| Additional Investor Director | less than a year | no data | 0.051% ₹ 1.3m |
1.5yrs
Average Tenure
58yo
Average Age
Experienced Board: 516003's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.