Gujarat Craft Industries Management

Management criteria checks 4/4

Gujarat Craft Industries' CEO is Ashok Ratanchand Chhajer, appointed in Oct 2009, has a tenure of 14.5 years. directly owns 37.21% of the company’s shares, worth ₹210.98M. The average tenure of the management team and the board of directors is 8.5 years and 12.2 years respectively.

Key information

Ashok Ratanchand Chhajer

Chief executive officer

₹2.6m

Total compensation

CEO salary percentage	n/a
CEO tenure	14.5yrs
CEO ownership	37.2%
Management average tenure	8.5yrs
Board average tenure	12.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashok Ratanchand Chhajer's remuneration changed compared to Gujarat Craft Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹31m
Sep 30 2023	n/a	n/a	₹36m
Jun 30 2023	n/a	n/a	₹34m
Mar 31 2023	₹3m	n/a	₹35m
Dec 31 2022	n/a	n/a	₹34m
Sep 30 2022	n/a	n/a	₹48m
Jun 30 2022	n/a	n/a	₹62m
Mar 31 2022	₹3m	n/a	₹76m
Dec 31 2021	n/a	n/a	₹72m
Sep 30 2021	n/a	n/a	₹55m
Jun 30 2021	n/a	n/a	₹41m
Mar 31 2021	₹3m	n/a	₹35m
Dec 31 2020	n/a	n/a	₹30m
Sep 30 2020	n/a	n/a	₹37m
Jun 30 2020	n/a	n/a	₹35m
Mar 31 2020	₹3m	₹3m	₹21m
Dec 31 2019	n/a	n/a	₹23m
Sep 30 2019	n/a	n/a	₹9m
Jun 30 2019	n/a	n/a	₹11m
Mar 31 2019	₹3m	₹3m	₹12m
Dec 31 2018	n/a	n/a	₹15m
Sep 30 2018	n/a	n/a	₹19m
Jun 30 2018	n/a	n/a	₹18m
Mar 31 2018	₹2m	₹2m	₹17m

Compensation vs Market: Ashok Ratanchand's total compensation ($USD31.65K) is about average for companies of similar size in the Indian market ($USD39.24K).

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

CEO

Ashok Ratanchand Chhajer (64 yo)

14.5yrs

Tenure

₹2,640,000

Compensation

Mr. Ashok Ratanchand Kumar Chhajer has been Managing Director of Gujarat Craft Industries Ltd. since October 1, 2009 and served as its Chairman of the Board. Mr. Chhajer serves as Chairman at Gujarat Craft...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ashok Ratanchand Chhajer	MD & Chairman	14.5yrs	₹2.64m	37.21% ₹ 211.0m
Rishab Chhajer	Joint MD & Executive Director	12.2yrs	₹4.80m	10.74% ₹ 60.9m
Jhanvi Jansari	Chief Financial Officer	3.5yrs	₹966.00k	no data
Sejal Kanbi	Company Secretary & Compliance Officer	4.9yrs	₹400.00k	no data
Sushma Chhajer	Executive Officer	no data	no data	10.63% ₹ 60.3m

8.5yrs

Average Tenure

57yo

Average Age

Experienced Management: 526965's management team is seasoned and experienced (8.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashok Ratanchand Chhajer	MD & Chairman	19.5yrs	₹2.64m	37.21% ₹ 211.0m
Rishab Chhajer	Joint MD & Executive Director	12.2yrs	₹4.80m	10.74% ₹ 60.9m
Kashyap Mehta	Independent Non-Executive Director	24.6yrs	₹246.00k	no data
Swati Pipara	Non Executive Independent Director	9.1yrs	no data	no data
Hitendra Chopra	Independent Director	1.8yrs	no data	no data

12.2yrs

Average Tenure

39yo

Average Age

Experienced Board: 526965's board of directors are seasoned and experienced ( 12.2 years average tenure).

Gujarat Craft Industries Management

Management criteria checks 4/4

Key information

Recent management updates

Gujarat Craft Industries Limited, Annual General Meeting, Sep 16, 2023

Gujarat Craft Industries Limited Announces Board Changes

Insufficient new directors

Recent updates

Now 21% overvalued

Now 20% overvalued

Investor sentiment improves as stock rises 21%

Now 25% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: ₹1.03 (vs ₹1.94 in 3Q 2023)

Gujarat Craft Industries Limited to Report Q3, 2024 Results on Feb 12, 2024

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 20%

Second quarter 2024 earnings released: EPS: ₹2.04 (vs ₹1.58 in 2Q 2023)

Investor sentiment improves as stock rises 22%

Gujarat Craft Industries Limited to Report Q2, 2024 Results on Nov 06, 2023

Gujarat Craft Industries Limited Approves Final Dividend for the Financial Year Ended 31 March 2023

Upcoming dividend of ₹1.00 per share at 1.3% yield

First quarter 2024 earnings released: EPS: ₹1.56 (vs ₹1.78 in 1Q 2023)

Gujarat Craft Industries Limited to Report Q1, 2024 Results on Aug 12, 2023

Gujarat Craft Industries Limited, Annual General Meeting, Sep 16, 2023

Gujarat Craft Industries Limited Proposes Final Dividend for the Financial Year Ended March 31, 2023

Gujarat Craft Industries Limited Recommends a Final Dividend for the Financial Year 2022-23 Ended 31 March, 2023

Full year 2023 earnings released: EPS: ₹7.10 (vs ₹15.51 in FY 2022)

Gujarat Craft Industries Limited to Report Q4, 2023 Results on May 20, 2023

Third quarter 2023 earnings released: EPS: ₹1.94 (vs ₹4.86 in 3Q 2022)

Gujarat Craft Industries Limited to Report Q3, 2023 Results on Feb 09, 2023

Second quarter 2023 earnings released: EPS: ₹1.58 (vs ₹4.41 in 2Q 2022)

Gujarat Craft Industries Limited to Report Q2, 2023 Results on Nov 14, 2022

Gujarat Craft Industries Limited Approves Dividend for the Financial Year 2021-22

Investor sentiment improved over the past week

Gujarat Craft Industries Limited Proposes Final Dividend

First quarter 2023 earnings released: EPS: ₹1.78 (vs ₹4.65 in 1Q 2022)

Gujarat Craft Industries Limited to Report Q1, 2023 Results on Aug 03, 2022

Gujarat Craft Industries Limited Announces Board Changes

Investor sentiment deteriorated over the past week

Gujarat Craft Industries Limited Recommends Final Dividend for the Financial Year Ended on March 31, 2022

Full year 2022 earnings released: EPS: ₹15.51 (vs ₹7.23 in FY 2021)

Gujarat Craft Industries Limited to Report Q4, 2022 Results on May 21, 2022

Insufficient new directors

Investor sentiment improved over the past week

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

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹4.41 (vs ₹1.44 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹7.23 (vs ₹4.39 in FY 2020)

Investor sentiment improved over the past week

New 90-day high: ₹42.50

Third quarter 2021 earnings released: EPS ₹1.42 (vs ₹2.96 in 3Q 2020)

Gujarat Craft Industries Limited to Report Q3, 2021 Results on Feb 09, 2021

Market pulls back on stock over the past week

New 90-day high: ₹40.60

Gujarat Craft Industries Limited to Report Q1, 2021 Results on Sep 02, 2020

New 90-day high - ₹31.20

First quarter earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age