Apcotex Industries Limited

BSE:523694 Stock Report

Market Cap: ₹20.2b

Apcotex Industries Management

Management criteria checks 3/4

Apcotex Industries' CEO is Abhiraj Choksey, appointed in May 2010, has a tenure of 14.58 years. total yearly compensation is ₹24.79M, comprised of 84.3% salary and 15.7% bonuses, including company stock and options. directly owns 14.31% of the company’s shares, worth ₹2.90B. The average tenure of the management team and the board of directors is 4.4 years and 5.5 years respectively.

Key information

Abhiraj Choksey

Chief executive officer

₹24.8m

Total compensation

CEO salary percentage84.3%
CEO tenure14.6yrs
CEO ownership14.3%
Management average tenure4.4yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Abhiraj Choksey's remuneration changed compared to Apcotex Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹522m

Jun 30 2024n/an/a

₹566m

Mar 31 2024₹25m₹21m

₹539m

Dec 31 2023n/an/a

₹618m

Sep 30 2023n/an/a

₹710m

Jun 30 2023n/an/a

₹865m

Mar 31 2023₹21m₹19m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹14m₹13m

₹988m

Dec 31 2021n/an/a

₹905m

Sep 30 2021n/an/a

₹833m

Jun 30 2021n/an/a

₹727m

Mar 31 2021₹12m₹11m

₹442m

Dec 31 2020n/an/a

₹246m

Sep 30 2020n/an/a

₹66m

Jun 30 2020n/an/a

-₹14m

Mar 31 2020₹12m₹11m

₹166m

Dec 31 2019n/an/a

₹288m

Sep 30 2019n/an/a

₹402m

Jun 30 2019n/an/a

₹467m

Mar 31 2019₹11m₹10m

₹466m

Dec 31 2018n/an/a

₹434m

Sep 30 2018n/an/a

₹464m

Jun 30 2018n/an/a

₹446m

Mar 31 2018₹10m₹9m

₹386m

Compensation vs Market: Abhiraj's total compensation ($USD291.20K) is above average for companies of similar size in the Indian market ($USD174.30K).

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

CEO

Abhiraj Choksey (47 yo)

14.6yrs

Tenure

₹24,787,000

Compensation

Mr. Abhiraj Atul Choksey has been the Managing Director of Apcotex Industries Ltd. since May 1, 2010 and serves as its Vice Chairman. Mr. Choksey serves as Executive Director of Apcotex Industries Ltd.sin...

Leadership Team

NamePositionTenureCompensationOwnership
Abhiraj Choksey
Vice Chairman & MD14.6yrs₹24.79m14.31%
₹ 2.9b
Sachin Karwa
Chief Financial Officer3.4yrs₹8.65m0.0039%
₹ 781.4k
Ravishankar Sharma
COO & Executive Director5.3yrs₹10.24mno data
Suraj Badale
DGM of Accountsno data₹590.00kno data
Drigesh Mittal
Company Secretary & Compliance Officerless than a yearno datano data

4.4yrs

Average Tenure

Experienced Management: 523694's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Abhiraj Choksey
Vice Chairman & MD22.1yrs₹24.79m14.31%
₹ 2.9b
Ravishankar Sharma
COO & Executive Director4.6yrs₹10.24mno data
Atul Choksey
Non-Executive Chairman33.9yrs₹12.40m13.27%
₹ 2.7b
Amit Choksey
Non-Executive Director27.1yrs₹150.00k0.33%
₹ 67.3m
Priti Savla
Independent Directorless than a year₹230.00kno data
Dinanath Kholkar
Additional Independent Directorless than a yearno datano data
Udayan Choksi
Independent Non-Executive Director6.4yrs₹1.04mno data
Achala Danait
Independent Director1.4yrs₹520.00kno data

5.5yrs

Average Tenure

56yo

Average Age

Experienced Board: 523694's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:03
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Apcotex Industries Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
null nullCNI Research Limited
Sanjay ChawlaEmkay Global Financial Services Ltd.