Polyplex Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Pranay Kothari

Chief executive officer

₹49.4m

Total compensation

CEO salary percentage	99.6%
CEO tenure	14.6yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pranay Kothari's remuneration changed compared to Polyplex's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹370m
Sep 30 2023	n/a	n/a	₹711m
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹49m	₹49m	₹3b
Dec 31 2022	n/a	n/a	₹5b
Sep 30 2022	n/a	n/a	₹7b
Jun 30 2022	n/a	n/a	₹6b
Mar 31 2022	₹45m	₹45m	₹6b
Dec 31 2021	n/a	n/a	₹5b
Sep 30 2021	n/a	n/a	₹5b
Jun 30 2021	n/a	n/a	₹4b
Mar 31 2021	₹39m	₹39m	₹5b
Dec 31 2020	n/a	n/a	₹4b
Sep 30 2020	n/a	n/a	₹3b
Jun 30 2020	n/a	n/a	₹4b
Mar 31 2020	₹39m	₹39m	₹3b
Dec 31 2019	n/a	n/a	₹4b
Sep 30 2019	n/a	n/a	₹4b
Jun 30 2019	n/a	n/a	₹4b
Mar 31 2019	₹37m	₹35m	₹3b
Dec 31 2018	n/a	n/a	₹3b
Sep 30 2018	n/a	n/a	₹3b
Jun 30 2018	n/a	n/a	₹2b
Mar 31 2018	₹35m	₹24m	₹2b

Compensation vs Market: Pranay's total compensation ($USD593.08K) is above average for companies of similar size in the Indian market ($USD271.56K).

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

CEO

Pranay Kothari (64 yo)

14.6yrs

Tenure

₹49,386,059

Compensation

Mr. Pranay Kothari has been the Chief Executive Officer of Polyplex Corporation Limited since September 07, 2009. Mr. Kothari is Non-Executive Director) of Bhilangana Hydro Power Limited. He served as the...

Board Members

Name	Position	Tenure	Compensation	Ownership
Pranay Kothari	CEO and Executive & Whole Time Director	28.1yrs	₹49.39m	no data
Iyad Mazhar Malas	Additional Non-Executive Non-Independent Director	less than a year	no data	no data
Sanjiv Saraf	Non-Executive Non-Independent Chairman	39.5yrs	no data	0.00044% ₹ 122.3k
Ranjit Singh	Independent Non-Executive Director	7.9yrs	₹450.00k	no data
Suresh Surana	Independent Non-Executive Director	4.8yrs	₹350.00k	0.00064% ₹ 177.9k
Sanjiv Chadha	Non-Executive Non-Independent Director	18.8yrs	₹200.00k	0.013% ₹ 3.5m
Pooja Haldea	Independent Non-Executive Director	9.1yrs	₹550.00k	no data
Yogesh Kapur	Additional	no data	no data	no data

8.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 524051's board of directors are considered experienced (8.5 years average tenure).

Polyplex Management

Management criteria checks 2/4

Key information

Recent management updates

Polyplex Corporation Limited Announces Change in Directorate

Polyplex Corporation Limited, Annual General Meeting, Sep 14, 2023

Insufficient new directors

Polyplex Corporation Limited, Annual General Meeting, Sep 26, 2022

Insufficient new directors

Insufficient new directors

Recent updates

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: EPS: ₹1.47 (vs ₹12.32 in 3Q 2023)

Polyplex Corporation Limited to Report Q3, 2024 Results on Feb 14, 2024

Now 20% undervalued after recent price drop

Polyplex Corporation Limited Announces Change in Directorate

Upcoming dividend of ₹2.00 per share at 8.5% yield

Polyplex Corporation Limited Approves Interim Dividend for the Financial Year 2023-24

Second quarter 2024 earnings released: EPS: ₹8.90 (vs ₹36.64 in 2Q 2023)

Polyplex Corporation Limited to Report Q2, 2024 Results on Nov 06, 2023

Polyplex Corporation Limited Approves Final Dividend for the Financial Year 2022-2023

Upcoming dividend of ₹3.00 per share at 7.2% yield

Now 22% undervalued after recent price drop

Polyplex Corporation Limited, Annual General Meeting, Sep 14, 2023

First quarter 2024 earnings released: ₹0.99 loss per share (vs ₹59.58 profit in 1Q 2023)

Polyplex Corporation Limited to Report Q1, 2024 Results on Aug 10, 2023

Polyplex Corporation Limited Recommends Final Dividend for the Financial Year 2023-24

Full year 2023 earnings released: EPS: ₹111 (vs ₹181 in FY 2022)

Polyplex Corporation Limited to Report Q4, 2023 Results on May 23, 2023

Polyplex Corporation Limited Approves Declaration of Second Interim Dividend (Special) for the Financial Year 2022-23

Third quarter 2023 earnings released: EPS: ₹12.32 (vs ₹55.89 in 3Q 2022)

Polyplex Corporation Limited to Report Q3, 2023 Results on Feb 13, 2023

Second quarter 2023 earnings released: EPS: ₹36.64 (vs ₹30.59 in 2Q 2022)

Insufficient new directors

Price target increased to ₹2,473

Polyplex Corporation Limited Proposes Payment of Interim Dividend for the Financial Year 2022-23

Polyplex Corporation Limited to Report Q2, 2023 Results on Nov 14, 2022

Polyplex Corporation Limited Declares Final Dividend, Payable on or After September 26, 2022

Upcoming dividend of ₹21.00 per share

Polyplex Corporation Limited Proposes Final Dividend, Payable on or After September 26, 2022

Consensus forecasts updated

First quarter 2023 earnings released: EPS: ₹59.58 (vs ₹35.52 in 1Q 2022)

Polyplex Corporation Limited, Annual General Meeting, Sep 26, 2022

Polyplex Corporation Limited to Report Q1, 2023 Results on Aug 12, 2022

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase by 10%

Investor sentiment improved over the past week

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Polyplex Corporation Limited Proposes Final Dividend for the Financial Year 2021-22

Polyplex Corporation Limited to Report Q4, 2022 Final Results on May 25, 2022

Insufficient new directors

Consensus EPS estimates increase by 12%

Upcoming dividend of ₹35.00 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Polyplex Corporation Limited Approves Special Third Interim Dividend for the Financial Year 2021-22

Polyplex Corporation Limited to Report Q3, 2022 Results on Feb 14, 2022

Upcoming dividend of ₹17.00 per share

Insufficient new directors

Investor sentiment improved over the past week

Insufficient new directors

Insufficient new directors

Sales & Marketing Head of India and GM Rakesh Kakkar has left the company

First quarter 2022 earnings released: EPS ₹35.52 (vs ₹56.26 in 1Q 2021)

Price target increased to ₹1,565

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹163 (vs ₹88.18 in FY 2020)

Polyplex Corporation Limited Proposes Payment of Final Dividend

Investor sentiment improved over the past week

Non-Executive Non-Independent Chairman recently sold ₹259m worth of stock

Investor sentiment improved over the past week

Price target raised to ₹1,175

Third quarter 2021 earnings released: EPS ₹41.84 (vs ₹22.19 in 3Q 2020)

Revenue beats expectations, earnings disappoint

Investor sentiment improved over the past week

Polyplex Corporation Limited to Report Q3, 2021 Results on Feb 09, 2021

New 90-day low: ₹682

New 90-day low: ₹704

Revenue beats expectations, earnings disappoint

Second quarter 2021 earnings released: EPS ₹24.37

Polyplex Corporation Limited to Report Q1, 2021 Results on Aug 14, 2020