Indo Borax & Chemicals Limited

BSE:524342 Stock Report

Market Cap: ₹6.5b

Indo Borax & Chemicals Management

Management criteria checks 3/4

Indo Borax & Chemicals' CEO is Sajal Jain, appointed in Mar 2015, has a tenure of 9.67 years. total yearly compensation is ₹53.12M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 29.17% of the company’s shares, worth ₹1.89B. The average tenure of the management team and the board of directors is 9.7 years and 3 years respectively.

Key information

Sajal Jain

Chief executive officer

₹53.1m

Total compensation

CEO salary percentage28.9%
CEO tenure9.7yrs
CEO ownership29.2%
Management average tenure9.7yrs
Board average tenure3yrs

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
Jun 30 2024n/an/a

₹426m

Mar 31 2024₹53m₹15m

₹390m

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 ($USD631.69K) is above average for companies of similar size in the Indian market ($USD42.81K).

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

CEO

Sajal Jain (57 yo)

9.7yrs

Tenure

₹53,123,000

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 & Director9.7yrs₹53.12m29.17%
₹ 1.9b
Govind Parmar
Executive Director3yrs₹1.81mno data
Pravin Chavan
Compliance Officer & Company Secretary9.7yrs₹2.78mno data

9.7yrs

Average Tenure

Experienced Management: 524342's management team is seasoned and experienced (9.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sajal Jain
MD, CFO & Director16.5yrs₹53.12m29.17%
₹ 1.9b
Govind Parmar
Executive Director13.5yrs₹1.81mno data
Piyush Shah
Executive Director of Indoborax Infra Pvt Ltdno data₹890.00kno data
Sreelekha Jain
Non Executive Non Independent Women Director6.8yrs₹30.00k6.47%
₹ 418.8m
Sachin Gupta
Independent Director3yrs₹51.00kno data
Yogesh Patil
Independent Directorless than a year₹6.00kno data
Yatin Shah
Independent Directorless than a year₹3.00kno data
Minakshi Mittal
Independent Directorless than a yearno datano data

3.0yrs

Average Tenure

56yo

Average Age

Experienced Board: 524342's board of directors are considered experienced (3 years average tenure).