TCPL Packaging Management
Management criteria checks 2/4
TCPL Packaging's CEO is Saket Kanoria, appointed in Feb 1991, has a tenure of 33.25 years. total yearly compensation is ₹53.40M, comprised of 14.6% salary and 85.4% bonuses, including company stock and options. directly owns 2.64% of the company’s shares, worth ₹506.68M. The average tenure of the management team and the board of directors is 5.3 years and 6.4 years respectively.
Key information
Saket Kanoria
Chief executive officer
₹53.4m
Total compensation
| CEO salary percentage | 14.6% |
| CEO tenure | 33.3yrs |
| CEO ownership | 2.6% |
| Management average tenure | 5.3yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹966m |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹53m | ₹8m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹1b |
| Sep 30 2022 | n/a | n/a | ₹931m |
| Jun 30 2022 | n/a | n/a | ₹641m |
| Mar 31 2022 | ₹29m | ₹6m | ₹473m |
| Dec 31 2021 | n/a | n/a | ₹428m |
| Sep 30 2021 | n/a | n/a | ₹388m |
| Jun 30 2021 | n/a | n/a | ₹387m |
| Mar 31 2021 | ₹24m | ₹5m | ₹335m |
| Dec 31 2020 | n/a | n/a | ₹331m |
| Sep 30 2020 | n/a | n/a | ₹338m |
| Jun 30 2020 | n/a | n/a | ₹318m |
| Mar 31 2020 | ₹18m | ₹5m | ₹365m |
| Dec 31 2019 | n/a | n/a | ₹302m |
| Sep 30 2019 | n/a | n/a | ₹269m |
| Jun 30 2019 | n/a | n/a | ₹294m |
| Mar 31 2019 | ₹18m | ₹5m | ₹290m |
| Dec 31 2018 | n/a | n/a | ₹274m |
| Sep 30 2018 | n/a | n/a | ₹272m |
| Jun 30 2018 | n/a | n/a | ₹221m |
| Mar 31 2018 | ₹12m | ₹5m | ₹202m |
Compensation vs Market: Saket's total compensation ($USD639.72K) is above average for companies of similar size in the Indian market ($USD185.58K).
Compensation vs Earnings: Saket's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Saket Kanoria (59 yo)
33.3yrs
Tenure
₹53,399,000
Compensation
Mr. Saket Kahini Kanoria has been Managing Director of TCPL Packaging Limited since February 1991 and serves as its Executive Director. Mr. Kanoria holds an MBA degree in Finance from George Washington Uni...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 22.8yrs | ₹24.36m | 1.32% ₹ 253.9m | |
| MD & Executive Director | 33.3yrs | ₹53.40m | 2.64% ₹ 506.7m | |
| Executive Director | less than a year | ₹6.96m | 0.016% ₹ 3.1m | |
| Executive Director | no data | ₹13.23m | 1.25% ₹ 240.3m | |
| CFO and VP of Finance & Accounts | 2.1yrs | no data | no data | |
| Company Secretary & Compliance Officer | 8.6yrs | no data | no data | |
| Senior General Manager of Marketing | no data | no data | no data | |
| Executive Director | no data | no data | 1.25% ₹ 240.3m |
5.3yrs
Average Tenure
56yo
Average Age
Experienced Management: 523301's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 22.8yrs | ₹24.36m | 1.32% ₹ 253.9m | |
| MD & Executive Director | no data | ₹53.40m | 2.64% ₹ 506.7m | |
| Executive Director | 13yrs | ₹6.96m | 0.016% ₹ 3.1m | |
| Executive Director | 8yrs | ₹13.23m | 1.25% ₹ 240.3m | |
| Executive Director | less than a year | no data | 1.25% ₹ 240.3m | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Non-Executive Independent Director | 4.8yrs | ₹250.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 9.3yrs | ₹415.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Director | 11yrs | no data | 1.25% ₹ 240.3m |
6.4yrs
Average Tenure
62.5yo
Average Age
Experienced Board: 523301's board of directors are considered experienced (6.4 years average tenure).