Nilkamal Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Hiten Parekh

Chief executive officer

₹40.6m

Total compensation

CEO salary percentage	75.0%
CEO tenure	3.8yrs
CEO ownership	12.5%
Management average tenure	no data
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hiten Parekh's remuneration changed compared to Nilkamal's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹1b
Jun 30 2024	n/a	n/a	₹1b
Mar 31 2024	₹41m	₹30m	₹1b
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹40m	₹28m	₹1b
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹1b
Jun 30 2022	n/a	n/a	₹1b
Mar 31 2022	₹32m	₹26m	₹834m
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹1b
Jun 30 2021	n/a	n/a	₹1b
Mar 31 2021	₹27m	₹18m	₹1b
Dec 31 2020	n/a	n/a	₹1b
Sep 30 2020	n/a	n/a	₹826m
Jun 30 2020	n/a	n/a	₹821m
Mar 31 2020	₹37m	₹25m	₹1b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹1b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹37m	₹24m	₹1b
Mar 31 2018	₹36m	₹22m	₹1b

Compensation vs Market: Hiten's total compensation ($USD482.23K) is above average for companies of similar size in the Indian market ($USD275.61K).

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

CEO

Hiten Parekh (61 yo)

3.8yrs

Tenure

₹40,551,021

Compensation

Mr. Hiten Vamanrai Parekh has been Managing Director of Nilkamal Limited since August 15, 2020 and has been its Executive Director since December 9, 1985. Mr. Parekh served as Joint Managing Director of Ni...

Board Members

Name	Position	Tenure	Compensation	Ownership
Hiten Parekh	MD & Executive Director	38.9yrs	₹40.55m	12.46% ₹ 3.6b
Manish Parekh	Joint MD	24.6yrs	₹40.96m	11.38% ₹ 3.3b
Nayan Parekh	Executive Director of Material Handling & Executive Director	24.6yrs	₹37.97m	14.76% ₹ 4.3b
Ashok Kumar Nandkishore Goel	Additional Independent Director	less than a year	₹150.00k	no data
Sharad Parekh	Non-Executive Chairman	34.4yrs	₹800.00k	0.81% ₹ 234.9m
Vamanrai Parekh	Chairman Emeritus	4.3yrs	₹190.00k	0.89% ₹ 258.5m
Abhay Jadeja	Independent Director	less than a year	no data	no data
Kavita Shah	Additional Independent Director	1.2yrs	₹250.00k	no data
Krishnamurthi Venkataramanan	Independent Non-Executive Director	8yrs	₹650.00k	no data

8.0yrs

Average Tenure

59yo

Average Age

Experienced Board: 523385's board of directors are considered experienced (8 years average tenure).

Nilkamal Management

Management criteria checks 2/4

Key information

Recent management updates

Nilkamal Limited Announces Resignation of Priti Dave as Company Secretary and Compliance Officer

Less than half of directors are independent

Nilkamal Limited Announces Board Changes

Nilkamal Limited, Annual General Meeting, Jul 19, 2024

Nilkamal Limited Announces Board Appointments

Nilkamal Limited Announces Cessation of Mihir H. Parekh as the Director

Recent updates

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Nilkamal Limited Announces Resignation of Priti Dave as Company Secretary and Compliance Officer

Nilkamal Limited to Report Q2, 2025 Results on Oct 28, 2024

First quarter 2025 earnings: EPS and revenues miss analyst expectations

Nilkamal Limited to Report Q1, 2025 Results on Jul 31, 2024

Upcoming dividend of ₹20.00 per share

Less than half of directors are independent

Nilkamal Limited Announces Board Changes

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 12% to ₹2,116

Dividend of ₹20.00 announced

Nilkamal Limited, Annual General Meeting, Jul 19, 2024

Full year 2024 earnings released: EPS: ₹81.92 (vs ₹89.76 in FY 2023)

Nilkamal Limited Recommends Final Dividend for the Year Ended March 31, 2024

Nilkamal Limited to Report Q4, 2024 Results on May 14, 2024

Investor sentiment improves as stock rises 19%

Consensus EPS estimates fall by 40%

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Nilkamal Limited to Report Q3, 2024 Results on Jan 31, 2024

Price target decreased by 12% to ₹2,367

Nilkamal Limited Announces Board Appointments

Consensus EPS estimates fall by 11%

Nilkamal Limited Announces Cessation of Mihir H. Parekh as the Director

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Nilkamal Limited to Report Q2, 2024 Results on Nov 01, 2023

Insufficient new directors

First quarter 2024 earnings: EPS exceeds analyst expectations

Nilkamal Limited to Report Q1, 2024 Results on Aug 03, 2023

Nilkamal Limited Approves Final Dividend for the Fiscal Year 2023

Nilkamal Limited Announces Cessation of Hiroo Mirchandani as Independent Director of the Company

Upcoming dividend of ₹20.00 per share at 0.8% yield

Nilkamal Limited, Annual General Meeting, Jul 07, 2023

Full year 2023 earnings released: EPS: ₹89.76 (vs ₹55.86 in FY 2022)

Consensus EPS estimates fall by 15%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Nilkamal Limited to Report Q3, 2023 Results on Feb 14, 2023

Now 21% undervalued after recent price drop

Consensus forecasts updated

Consensus EPS estimates fall by 25%

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Nilkamal Limited to Report Q2, 2023 Results on Nov 10, 2022

Price target increased to ₹2,625

Consensus EPS estimates increase by 16%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Nilkamal Limited to Report Q1, 2023 Results on Jul 29, 2022

MD & Executive Director recently bought ₹826k worth of stock

Upcoming dividend of ₹15.00 per share

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently bought ₹2.5m worth of stock

Insider recently bought ₹1.3m worth of stock

Consensus forecasts updated

Nilkamal Limited Announces Resignation of Mihir H. Parekh as Whole-Time Director, Effective 15 June 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Nilkamal Limited to Report Q4, 2022 Results on May 23, 2022

Insider recently bought ₹4.4m worth of stock

Insider recently bought ₹4.5m worth of stock

Third quarter 2022 earnings: EPS misses analyst expectations

Nilkamal Limited to Report Q3, 2022 Results on Feb 10, 2022

Second quarter 2022 earnings released: EPS ₹18.94 (vs ₹33.19 in 2Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of ₹10.00 per share

Full year 2021 earnings released: EPS ₹75.68 (vs ₹95.22 in FY 2020)

Insider recently sold ₹18m worth of stock

Full year 2021 earnings released: EPS ₹75.68 (vs ₹95.22 in FY 2020)

Insider recently sold ₹3.4m worth of stock

MD & Executive Director recently bought ₹2.7m worth of stock

Price target raised to ₹1,865

Third quarter 2021 earnings released: EPS ₹36.39 (vs ₹20.26 in 3Q 2020)