Apcotex Industries Limited

BSE:523694 Stock Report

Market Cap: ₹21.2b

Apcotex Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Abhiraj Choksey

Chief executive officer

₹21.0m

Total compensation

CEO salary percentage92.2%
CEO tenure14yrs
CEO ownership14.3%
Management average tenure3.8yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Abhiraj Choksey's remuneration changed compared to Apcotex Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

₹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 ($USD251.15K) is about average for companies of similar size in the Indian market ($USD193.51K).

Compensation vs Earnings: Abhiraj's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Abhiraj Choksey (46 yo)

14yrs

Tenure

₹20,987,000

Compensation

Mr. Abhiraj Atul Choksey has been the Managing Director of Apcotex Industries Ltd., since May 1, 2010 and serves as its Executive Director. Mr. Choksey serves as a Director of Titan Trading & Agencies Limi...


Leadership Team

NamePositionTenureCompensationOwnership
Abhiraj Choksey
MD & Executive Director14yrs₹20.99m14.31%
₹ 3.0b
Sachin Karwa
Chief Financial Officer2.8yrs₹6.91m0.0039%
₹ 819.8k
Ravishankar Sharma
COO & Executive Director4.8yrs₹9.08mno data
Jeevan Mondkar
Head of Legal1.5yrs₹1.20mno data
Suraj Badale
DGM of Accountsno data₹590.00kno data

3.8yrs

Average Tenure

Experienced Management: 523694's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Abhiraj Choksey
MD & Executive Directorno data₹20.99m14.31%
₹ 3.0b
Ravishankar Sharma
COO & Executive Director4yrs₹9.08mno data
Atul Choksey
Non-Executive Chairman33.3yrs₹12.37m13.27%
₹ 2.8b
Kamlesh Vikamsey
Independent Non-Executive Director11.3yrs₹1.05mno data
Shailesh Vaidya
Independent Non-Executive Director12.3yrs₹960.00kno data
Amit Choksey
Non-Executive Director25.7yrs₹150.00k0.33%
₹ 70.6m
Sivaram Swaminathan
Independent Non-Executive Director27.7yrs₹1.05mno data
Priti Savla
Independent Directorless than a yearno datano data
Priyamvada Bhumkar
Independent Non Executive Director9.6yrs₹960.00k0.048%
₹ 10.2m
Udayan Choksi
Independent Non-Executive Director5.8yrs₹1.08mno data
Achala Danait
Independent Director1.3yrsno datano data

10.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 523694's board of directors are seasoned and experienced ( 10.5 years average tenure).


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