Indo Borax & Chemicals Limited

BSE:524342 Stock Report

Market Cap: ₹5.7b

Indo Borax & Chemicals Management

Management criteria checks 2/4

Indo Borax & Chemicals' CEO is Sajal Jain, appointed in Mar 2015, has a tenure of 9.17 years. total yearly compensation is ₹70.19M, comprised of 21.9% salary and 78.1% bonuses, including company stock and options. directly owns 29.17% of the company’s shares, worth ₹1.66B. The average tenure of the management team and the board of directors is 9.2 years and 4.4 years respectively.

Key information

Sajal Jain

Chief executive officer

₹70.2m

Total compensation

CEO salary percentage21.9%
CEO tenure9.2yrs
CEO ownership29.2%
Management average tenure9.2yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sajal Jain's remuneration changed compared to Indo Borax & Chemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹402m

Sep 30 2023n/an/a

₹457m

Jun 30 2023n/an/a

₹482m

Mar 31 2023₹70m₹15m

₹507m

Dec 31 2022n/an/a

₹486m

Sep 30 2022n/an/a

₹431m

Jun 30 2022n/an/a

₹394m

Mar 31 2022₹54m₹15m

₹364m

Dec 31 2021n/an/a

₹385m

Sep 30 2021n/an/a

₹403m

Jun 30 2021n/an/a

₹384m

Mar 31 2021₹33m₹7m

₹343m

Dec 31 2020n/an/a

₹269m

Sep 30 2020n/an/a

₹206m

Jun 30 2020n/an/a

₹175m

Mar 31 2020₹12m₹3m

₹169m

Dec 31 2019n/an/a

₹150m

Sep 30 2019n/an/a

₹142m

Jun 30 2019n/an/a

₹170m

Mar 31 2019₹13m₹3m

₹175m

Mar 31 2018₹9m₹2m

₹134m

Compensation vs Market: Sajal's total compensation ($USD840.91K) is above average for companies of similar size in the Indian market ($USD39.30K).

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


CEO

Sajal Jain (56 yo)

9.2yrs

Tenure

₹70,193,000

Compensation

Mr. Sajal Sushilkumar Jain serves as Chief Financial Officer of Indo Borax & Chemicals Limited since March 31, 2015 and serves as its Executive Director since May 26, 2008. He served as Vice Chairman at In...


Leadership Team

NamePositionTenureCompensationOwnership
Sajal Jain
MD, CFO & Director9.2yrs₹70.19m29.17%
₹ 1.7b
Govind Parmar
Executive Director2.5yrs₹1.73mno data
Pravin Chavan
Compliance Officer & Company Secretary9.2yrs₹2.78mno data

9.2yrs

Average Tenure

Experienced Management: 524342's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sajal Jain
MD, CFO & Director16yrs₹70.19m29.17%
₹ 1.7b
Govind Parmar
Executive Director13yrs₹1.73mno data
Piyush Shah
Executive Director of Indoborax Infra Pvt Ltdno data₹890.00kno data
Sreelekha Jain
Non Executive Non Independent Women Director6.3yrs₹30.00k6.47%
₹ 368.5m
Sachin Gupta
Independent Director2.5yrs₹54.00kno data
Yogesh Patil
Independent Directorless than a yearno datano data
Yatin Shah
Independent Directorless than a yearno datano data

4.4yrs

Average Tenure

56yo

Average Age

Experienced Board: 524342's board of directors are considered experienced (4.4 years average tenure).


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