Nilkamal Management
Management criteria checks 2/4
Nilkamal's CEO is Hiten Parekh, appointed in Feb 2021, has a tenure of 3.33 years. total yearly compensation is ₹39.77M, comprised of 69.5% salary and 30.5% bonuses, including company stock and options. directly owns 12.46% of the company’s shares, worth ₹3.35B. The average tenure of the management team and the board of directors is 8.6 years and 17 years respectively.
Key information
Hiten Parekh
Chief executive officer
₹39.8m
Total compensation
| CEO salary percentage | 69.5% |
| CEO tenure | 3.3yrs |
| CEO ownership | 12.5% |
| Management average tenure | 8.6yrs |
| Board average tenure | 17yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹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 ($USD476.71K) is above average for companies of similar size in the Indian market ($USD290.56K).
Compensation vs Earnings: Hiten's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Hiten Parekh (61 yo)
3.3yrs
Tenure
₹39,772,410
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 3.3yrs | ₹39.77m | 12.46% ₹ 3.3b | |
| President | 8.6yrs | ₹40.66m | 11.38% ₹ 3.1b | |
| President | 8.6yrs | ₹37.44m | 14.76% ₹ 4.0b | |
| Chief Financial Officer | no data | ₹14.17m | no data | |
| Company Secretary & Compliance Officer | no data | ₹2.34m | no data |
8.6yrs
Average Tenure
55yo
Average Age
Experienced Management: 523385's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 38.5yrs | ₹39.77m | 12.46% ₹ 3.3b | |
| President | 24.2yrs | ₹40.66m | 11.38% ₹ 3.1b | |
| President | 24.2yrs | ₹37.44m | 14.76% ₹ 4.0b | |
| Independent Non-Executive Director | 20.7yrs | ₹910.00k | no data | |
| Additional Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 33.5yrs | ₹780.00k | 0.048% ₹ 13.0m | |
| Non-Executive Chairman | 34yrs | ₹800.00k | 0.81% ₹ 217.7m | |
| Chairman Emeritus | 3.8yrs | ₹190.00k | 0.89% ₹ 239.5m | |
| Independent Non-Executive Director | 13.4yrs | ₹780.00k | no data | |
| Independent Non-Executive Director | 12.2yrs | ₹450.00k | no data | |
| Additional Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 7.6yrs | ₹525.00k | no data |
17.0yrs
Average Tenure
74yo
Average Age
Experienced Board: 523385's board of directors are seasoned and experienced ( 17 years average tenure).