Ecoplast Management

Management criteria checks 1/4

Ecoplast's CEO is Jaymin Desai, appointed in Oct 2007, has a tenure of 17.08 years. total yearly compensation is ₹11.15M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.28% of the company’s shares, worth ₹66.83M. The average tenure of the management team and the board of directors is 2 years and 0.4 years respectively.

Key information

Jaymin Desai

Chief executive officer

₹11.2m

Total compensation

CEO salary percentage	100.0%
CEO tenure	17.1yrs
CEO ownership	4.3%
Management average tenure	2yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jaymin Desai's remuneration changed compared to Ecoplast's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹89m
Jun 30 2024	n/a	n/a	₹100m
Mar 31 2024	₹11m	₹11m	₹92m
Dec 31 2023	n/a	n/a	₹97m
Sep 30 2023	n/a	n/a	₹88m
Jun 30 2023	n/a	n/a	₹65m
Mar 31 2023	₹11m	₹11m	₹44m
Dec 31 2022	n/a	n/a	₹14m
Sep 30 2022	n/a	n/a	₹11m
Jun 30 2022	n/a	n/a	-₹8m
Mar 31 2022	₹11m	₹11m	-₹18m
Dec 31 2021	n/a	n/a	-₹18m
Sep 30 2021	n/a	n/a	-₹19m
Jun 30 2021	n/a	n/a	-₹1m
Mar 31 2021	₹5m	₹5m	₹2m
Dec 31 2020	n/a	n/a	₹17m
Sep 30 2020	n/a	n/a	₹10m
Jun 30 2020	n/a	n/a	₹16m
Mar 31 2020	₹11m	₹9m	₹35m
Dec 31 2019	n/a	n/a	₹31m
Sep 30 2019	n/a	n/a	₹43m
Jun 30 2019	n/a	n/a	₹34m
Mar 31 2019	₹10m	₹9m	₹29m
Mar 31 2018	₹8m	₹7m	₹35m

Compensation vs Market: Jaymin's total compensation ($USD132.11K) is above average for companies of similar size in the Indian market ($USD42.70K).

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

CEO

Jaymin Desai (64 yo)

17.1yrs

Tenure

₹11,152,000

Compensation

Mr. Jaymin Balvantrai Desai has been the Managing Director and Director of Ecoplast Limited since October 1, 2007 and June 23, 1990 respectively. Since 2007, Mr. Desai has been associated with Ecoplast and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jaymin Desai	MD & Executive Director	17.1yrs	₹11.15m	4.28% ₹ 66.8m
Setu Parikh	Chief Financial Officer	less than a year	₹846.00k	no data
Atul Jai Baijal	COO & Whole Time Director	5.8yrs	₹5.94m	no data
Rakesh Kumawat	Company Secretary & Compliance Officer	2.9yrs	₹1.03m	no data
Aditya Patel	Additional Whole-Time Director	less than a year	no data	1.07% ₹ 16.6m
Ravi Mehta	Additional Whole-Time Director	less than a year	no data	no data

2.0yrs

Average Tenure

51yo

Average Age

Experienced Management: 526703's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jaymin Desai	MD & Executive Director	34.4yrs	₹11.15m	4.28% ₹ 66.8m
Atul Jai Baijal	COO & Whole Time Director	3.8yrs	₹5.94m	no data
Aditya Patel	Additional Whole-Time Director	less than a year	no data	1.07% ₹ 16.6m
Ravi Mehta	Additional Whole-Time Director	less than a year	no data	no data
Dhananjay Desai	Non-Executive Independent Director	9.5yrs	no data	no data
Charulata Patel	Non-Executive Director	10yrs	₹609.00k	14.73% ₹ 229.9m
Jay Shroff	Additional Non-Executive Director	less than a year	no data	2.53% ₹ 39.5m
Monil Shah	Additional Independent Director	less than a year	no data	no data
Bikash Tarafdar	Additional Independent Director	less than a year	no data	no data

0.4yrs

Average Tenure

59yo

Average Age

Experienced Board: 526703's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.

Ecoplast Management

Management criteria checks 1/4

Key information

Recent management updates

Ecoplast Limited Announces Cessation of Mukul Bharatkumar Desai as Independent Director and Chairman

Ecoplast Limited, Annual General Meeting, Aug 16, 2024

Insufficient new directors

Ecoplast Limited Announces Executive Changes

Ecoplast Limited Announces Resignation of Mr. Vaibhav Kumar Totla as Chief Financial Officer, with Effect from November 30, 2023

Ecoplast Limited, Annual General Meeting, Sep 02, 2023

Recent updates

Second quarter 2025 earnings released: EPS: ₹5.85 (vs ₹9.36 in 2Q 2024)

Ecoplast Limited to Report Q2, 2025 Results on Oct 29, 2024

Ecoplast Limited Announces Cessation of Mukul Bharatkumar Desai as Independent Director and Chairman

First quarter 2025 earnings released: EPS: ₹8.59 (vs ₹5.93 in 1Q 2024)

Upcoming dividend of ₹3.00 per share

Investor sentiment improves as stock rises 17%

Ecoplast Limited to Report Q1, 2025 Results on Aug 09, 2024

Investor sentiment improves as stock rises 35%

Ecoplast Limited, Annual General Meeting, Aug 16, 2024

Full year 2024 earnings released: EPS: ₹30.58 (vs ₹14.82 in FY 2023)

Ecoplast Limited to Report Q4, 2024 Results on May 22, 2024

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Insufficient new directors

Third quarter 2024 earnings released: EPS: ₹6.15 (vs ₹3.01 in 3Q 2023)

Ecoplast Limited to Report Nine Months, 2024 Results on Feb 07, 2024

Now 23% overvalued after recent price rise

New minor risk - Share price stability

Investor sentiment improves as stock rises 25%

Second quarter 2024 earnings released: EPS: ₹9.36 (vs ₹1.81 in 2Q 2023)

Ecoplast Limited Announces Executive Changes

Ecoplast Limited to Report Q2, 2024 Results on Nov 03, 2023

Ecoplast Limited Announces Resignation of Mr. Vaibhav Kumar Totla as Chief Financial Officer, with Effect from November 30, 2023

Upcoming dividend of ₹1.50 per share at 1.0% yield

First quarter 2024 earnings released: EPS: ₹5.93 (vs ₹1.02 loss in 1Q 2023)

Ecoplast Limited, Annual General Meeting, Sep 02, 2023

Investor sentiment improves as stock rises 16%

Ecoplast Limited to Report Q1, 2024 Results on Aug 10, 2023

Ecoplast Limited Recommends Dividend, Payable on or After September 15, 2023

Investor sentiment improves as stock rises 25%

New minor risk - Dividend sustainability

Full year 2023 earnings released: EPS: ₹14.82 (vs ₹5.83 loss in FY 2022)

Investor sentiment improves as stock rises 23%

Ecoplast Limited to Report Q4, 2023 Results on May 25, 2023

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 21%

Third quarter 2023 earnings released: EPS: ₹3.01 (vs ₹1.76 in 3Q 2022)

Ecoplast Limited to Report Q3, 2023 Results on Feb 13, 2023

Second quarter 2023 earnings released: EPS: ₹1.81 (vs ₹4.42 loss in 2Q 2022)

Second quarter 2023 earnings released: EPS: ₹1.81 (vs ₹4.42 loss in 2Q 2022)

Ecoplast Limited to Report Q2, 2023 Results on Nov 10, 2022

Ecoplast Limited, Annual General Meeting, Sep 24, 2022

First quarter 2023 earnings released: ₹1.02 loss per share (vs ₹4.16 loss in 1Q 2022)

Ecoplast Limited to Report Q1, 2023 Results on Aug 10, 2022

Full year 2022 earnings released: ₹5.83 loss per share (vs ₹0.68 profit in FY 2021)

Ecoplast Limited to Report Q4, 2022 Results on May 27, 2022

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

Full year 2021 earnings released: EPS ₹0.68 (vs ₹11.77 in FY 2020)

Full year 2021 earnings released: EPS ₹0.68 (vs ₹11.77 in FY 2020)

Investor sentiment improved over the past week

New 90-day low: ₹72.35

Third quarter 2021 earnings released: EPS ₹1.50 (vs ₹0.95 loss in 3Q 2020)

Ecoplast Limited Appoints Atul Baijal as Additional Director and Whole Time Director

Ecoplast Limited to Report Q3, 2021 Results on Feb 11, 2021

New 90-day low: ₹75.15

New 90-day low: ₹76.00

New 90-day low: ₹76.60

Ecoplast Limited to Report Q2, 2021 Results on Nov 11, 2020

New 90-day low: ₹78.90

Upcoming Dividend of ₹1.50 Per Share

First quarter earnings released

New 90-day high - ₹98.00

Ecoplast Limited to Report Q1, 2021 Results on Aug 11, 2020

New 90-day high - ₹91.60

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team