The South India Paper Mills Limited

BSE:516108 Stock Report

Market Cap: ₹1.9b

South India Paper Mills Management

Management criteria checks 2/4

South India Paper Mills' CEO is Manish Patel, appointed in May 2004, has a tenure of 20.5 years. total yearly compensation is ₹10.87M, comprised of 82.8% salary and 17.2% bonuses, including company stock and options. directly owns 4.01% of the company’s shares, worth ₹77.38M. The average tenure of the management team and the board of directors is 9.1 years and 11.8 years respectively.

Key information

Manish Patel

Chief executive officer

₹10.9m

Total compensation

CEO salary percentage82.8%
CEO tenure20.5yrs
CEO ownership4.0%
Management average tenure9.1yrs
Board average tenure11.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Manish Patel's remuneration changed compared to South India Paper Mills's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹100m

Jun 30 2024n/an/a

-₹121m

Mar 31 2024₹11m₹9m

-₹134m

Dec 31 2023n/an/a

-₹210m

Sep 30 2023n/an/a

-₹177m

Jun 30 2023n/an/a

-₹209m

Mar 31 2023₹10m₹9m

-₹167m

Dec 31 2022n/an/a

-₹19m

Sep 30 2022n/an/a

₹21m

Jun 30 2022n/an/a

₹128m

Mar 31 2022₹12m₹9m

₹217m

Dec 31 2021n/an/a

₹223m

Sep 30 2021n/an/a

₹229m

Jun 30 2021n/an/a

₹258m

Mar 31 2021₹13m₹9m

₹190m

Dec 31 2020n/an/a

₹171m

Sep 30 2020n/an/a

₹166m

Jun 30 2020n/an/a

₹137m

Mar 31 2020₹11m₹9m

₹159m

Dec 31 2019n/an/a

₹164m

Sep 30 2019n/an/a

₹174m

Jun 30 2019n/an/a

₹182m

Mar 31 2019₹12m₹9m

₹184m

Dec 31 2018n/an/a

₹179m

Sep 30 2018n/an/a

₹161m

Jun 30 2018n/an/a

₹102m

Mar 31 2018₹10m₹9m

₹10m

Compensation vs Market: Manish's total compensation ($USD128.67K) is above average for companies of similar size in the Indian market ($USD42.65K).

Compensation vs Earnings: Manish's compensation has increased whilst the company is unprofitable.

CEO

Manish Patel (65 yo)

20.5yrs

Tenure

₹10,867,000

Compensation

Mr. Manish Mahendra Patel, B.E., M.B.A., has been the Managing Director of The South India Paper Mills Limited since May 20, 2004 and serves as its Chairman. Mr. Patel is a Self Employed Executive of Perso...

Leadership Team

NamePositionTenureCompensationOwnership
Manish Patel
Chairman & MD20.5yrs₹10.87m4.01%
₹ 77.4m
Kanishka Modi
Whole Time Directorless than a year₹6.18m0.016%
₹ 309.0k
B. Holla
Chief Financial Officerno data₹1.34mno data
Vidya Bhat
Compliance Officer & Company Secretary9.1yrs₹601.00kno data
G. Nagaraju
General Manager of Human Resourcesno datano datano data

9.1yrs

Average Tenure

Experienced Management: 516108's management team is seasoned and experienced (9.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Manish Patel
Chairman & MD34.1yrs₹10.87m4.01%
₹ 77.4m
Kanishka Modi
Whole Time Directorless than a year₹6.18m0.016%
₹ 309.0k
M. G. Kumar
Independent Non-Executive Director30.4yrs₹90.00k0.017%
₹ 329.7k
Ajay Patel
Non-Executive Director28.3yrs₹50.00k1.77%
₹ 34.2m
S. R. Setty
Independent Non-Executive Director32.8yrs₹100.00k0.011%
₹ 206.1k
Harshad Modi
Non Executive Directorless than a year₹30.00k13.55%
₹ 261.6m
Jitendra Patel
Non-Executive Directorless than a year₹30.00k2.39%
₹ 46.1m
N. S. Kumar
Independent Non-Executive Director13.8yrs₹50.00k0.034%
₹ 659.1k
A. Shankar
Independent Non-Executive Director9.7yrs₹60.00kno data
Meenakshi Shivakumar
Independent Directorless than a yearno datano data

11.8yrs

Average Tenure

67yo

Average Age

Experienced Board: 516108's board of directors are seasoned and experienced ( 11.8 years average tenure).