AksharChem (India) Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Munjal Jaykrishna

Chief executive officer

₹6.0m

Total compensation

CEO salary percentage	n/a
CEO tenure	6.3yrs
CEO ownership	n/a
Management average tenure	2yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Munjal Jaykrishna's remuneration changed compared to AksharChem (India)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-₹146m
Sep 30 2023	n/a	n/a	-₹164m
Jun 30 2023	n/a	n/a	-₹78m
Mar 31 2023	₹6m	n/a	-₹9m
Dec 31 2022	n/a	n/a	₹37m
Sep 30 2022	n/a	n/a	₹104m
Jun 30 2022	n/a	n/a	₹125m
Mar 31 2022	₹10m	n/a	₹159m
Dec 31 2021	n/a	n/a	₹188m
Sep 30 2021	n/a	n/a	₹169m
Jun 30 2021	n/a	n/a	₹151m
Mar 31 2021	₹10m	n/a	₹125m
Dec 31 2020	n/a	n/a	₹127m
Sep 30 2020	n/a	n/a	₹116m
Jun 30 2020	n/a	n/a	₹120m
Mar 31 2020	₹10m	n/a	₹157m
Dec 31 2019	n/a	n/a	₹136m
Sep 30 2019	n/a	n/a	₹154m
Jun 30 2019	n/a	n/a	₹210m
Mar 31 2019	n/a	n/a	₹226m
Dec 31 2018	n/a	n/a	₹238m
Sep 30 2018	n/a	n/a	₹281m
Jun 30 2018	n/a	n/a	₹310m
Mar 31 2018	₹16m	₹8m	₹306m

Compensation vs Market: Munjal's total compensation ($USD71.64K) is above average for companies of similar size in the Indian market ($USD39.30K).

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

CEO

Munjal Jaykrishna (53 yo)

6.3yrs

Tenure

₹5,980,000

Compensation

Mr. Munjal Mrugesh Jaykrishna has been CEO of AksharChem (India) Limited since February 14, 2018. Mr. Jaykrishna served as the Chief Financial Officer at AksharChem (India) Limited until February 14, 2018....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paru Jaykrishna	Founder	34.8yrs	₹4.20m	no data
Munjal Jaykrishna	Joint MD	6.3yrs	₹5.98m	no data
Hardik Shah	Chief Financial Officer	2yrs	₹2.30m	no data
Ashok Barot	Executive Director	no data	₹1.74m	no data
Maheshkumar Patel	Vice President of Operations & Project	no data	₹3.26m	no data
Sunil Rane	General Manager of Accounts	no data	no data	no data
Mehul Naliyadhara	Company Secretary & Chief Compliance Officer	less than a year	no data	no data
Namrata Jaykrishna	Marketing Manager	no data	no data	no data

2.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 524598's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paru Jaykrishna	Founder	34.8yrs	₹4.20m	no data
Munjal Jaykrishna	Joint MD	28.9yrs	₹5.98m	no data
Ashok Barot	Executive Director	5.2yrs	₹1.74m	no data
Gautamkumar Jain	Independent Non Executive Director	10.3yrs	no data	no data
Pradeepbhai Jha	Independent Non Executive Director	22yrs	₹46.00k	no data
Gokul Jaykrishna	Non-Executive Non-Independent Director	8.6yrs	no data	no data
Jigar Patel	Independent Non-Executive Director	6.4yrs	₹46.00k	no data
Maitri Mehta	Independent Non-Executive Director	5.2yrs	₹48.00k	no data

9.5yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 524598's board of directors are considered experienced (9.5 years average tenure).

AksharChem (India) Management

Management criteria checks 3/4

Key information

Recent management updates

AksharChem (India) Limited Appoints Mehul C. Naliyadhara as Company Secretary & Compliance Officer

Aksharchem (India) Limited Announces Resignation of Meet Joshi as Company Secretary & Compliance Officer, Effective November 17, 2023

Aksharchem (India) Limited Announces Resignation of Meet Joshi as Company Secretary & Compliance Officer, Effective November 17, 2023

AksharChem (India) Limited, Annual General Meeting, Sep 27, 2023

Insufficient new directors

Insufficient new directors

Recent updates

Third quarter 2024 earnings released: EPS: ₹0.41 (vs ₹1.77 loss in 3Q 2023)

AksharChem (India) Limited Appoints Mehul C. Naliyadhara as Company Secretary & Compliance Officer

AksharChem (India) Limited to Report Q3, 2024 Results on Jan 30, 2024

Aksharchem (India) Limited Announces Resignation of Meet Joshi as Company Secretary & Compliance Officer, Effective November 17, 2023

Aksharchem (India) Limited Announces Resignation of Meet Joshi as Company Secretary & Compliance Officer, Effective November 17, 2023

Second quarter 2024 earnings released: ₹9.47 loss per share (vs ₹1.22 profit in 2Q 2023)

Upcoming dividend of ₹0.50 per share at 0.2% yield

AksharChem (India) Limited, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released: ₹6.70 loss per share (vs ₹1.82 profit in 1Q 2023)

AksharChem (India) Limited to Report Q1, 2024 Results on Aug 10, 2023

Full year 2023 earnings released: ₹1.17 loss per share (vs ₹19.50 profit in FY 2022)

AksharChem (India) Limited Recommends Final Dividend for the Financial Year 2022-23

AksharChem (India) Limited to Report Q4, 2023 Results on May 30, 2023

Insufficient new directors

AksharChem (India) Limited Resumes the Production of H Acid Plant At Village Indrad, Mehsana

AksharChem (India) Limited to Report Q3, 2023 Results on Feb 09, 2023

AksharChem (India) Limited Resumes the Production of Vinyl Sulphone Plant at Village Indrad, Dist: Mehsana

Aksharchem (India) Limited Informs Stoppage of Production of Vinyl Sulphone At Village Indrad, Dist: Mehsana

Second quarter 2023 earnings released: EPS: ₹1.22 (vs ₹3.86 in 2Q 2022)

Insufficient new directors

AksharChem (India) Limited to Report Q2, 2023 Results on Nov 11, 2022

Upcoming dividend of ₹0.50 per share

AksharChem (India) Limited, Annual General Meeting, Sep 28, 2022

Investor sentiment improved over the past week

Insufficient new directors

AksharChem (India) Limited Announces Stoppage of Production of H-Acid at Village Indrad, Dist: Mehsana

Aksharchem (India) Limited Appoints Hardik Shah as the Chief Financial Officer

Full year 2022 earnings released: EPS: ₹19.50 (vs ₹15.24 in FY 2021)

Insufficient new directors

Investor sentiment improved over the past week

Insufficient new directors

Insufficient new directors

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS ₹3.86 (vs ₹1.61 in 2Q 2021)

AksharChem (India) Limited Announce Resumption of Production After Shutdown of H-Acid Plant

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹15.24 (vs ₹19.17 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹4.08 (vs ₹2.66 in 3Q 2020)

AksharChem (India) Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹264

New 90-day high: ₹246

New 90-day low: ₹201

New 90-day low: ₹207

AksharChem (India) Limited to Report Q1, 2021 Results on Aug 14, 2020

New 90-day high - ₹261

First quarter earnings released

AksharChem (India) Limited to Report Q4, 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age