India Gelatine & Chemicals Limited

BSE:531253 Stock Report

Market Cap: ₹2.8b

India Gelatine & Chemicals Management

Management criteria checks 2/4

India Gelatine & Chemicals' CEO is Viren Mirani, appointed in Apr 2011, has a tenure of 13.75 years. total yearly compensation is ₹77.26M, comprised of 41.9% salary and 58.1% bonuses, including company stock and options. directly owns 18.97% of the company’s shares, worth ₹526.32M. The average tenure of the management team and the board of directors is 6.7 years and 4.2 years respectively.

Key information

Viren Mirani

Chief executive officer

₹77.3m

Total compensation

CEO salary percentage41.9%
CEO tenure13.8yrs
CEO ownership19.0%
Management average tenure6.7yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Viren Mirani's remuneration changed compared to India Gelatine & Chemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹210m

Jun 30 2024n/an/a

₹234m

Mar 31 2024₹77m₹32m

₹284m

Dec 31 2023n/an/a

₹327m

Sep 30 2023n/an/a

₹325m

Jun 30 2023n/an/a

₹311m

Mar 31 2023₹52m₹30m

₹239m

Dec 31 2022n/an/a

₹178m

Sep 30 2022n/an/a

₹112m

Jun 30 2022n/an/a

₹77m

Mar 31 2022₹32m₹28m

₹56m

Dec 31 2021n/an/a

₹36m

Sep 30 2021n/an/a

₹50m

Jun 30 2021n/an/a

₹65m

Mar 31 2021₹41m₹25m

₹71m

Dec 31 2020n/an/a

₹44m

Sep 30 2020n/an/a

₹51m

Jun 30 2020n/an/a

₹56m

Mar 31 2020₹39m₹23m

₹54m

Dec 31 2019n/an/a

₹86m

Sep 30 2019n/an/a

₹64m

Jun 30 2019n/an/a

₹54m

Mar 31 2019₹37m₹20m

₹58m

Dec 31 2018n/an/a

₹45m

Sep 30 2018n/an/a

₹45m

Jun 30 2018n/an/a

₹37m

Mar 31 2018₹22m₹17m

₹23m

Compensation vs Market: Viren's total compensation ($USD899.34K) is above average for companies of similar size in the Indian market ($USD41.99K).

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

CEO

Viren Mirani (59 yo)

13.8yrs

Tenure

₹77,263,000

Compensation

Mr. Virendra Chandrasinh Mirani, also known as Viren, B.Com., has been the Managing Director of India Gelatine & Chemicals Ltd. since April 01, 2011 and its Chairman of the Board since June 28, 2021. Mr. M...

Leadership Team

NamePositionTenureCompensationOwnership
Virendra Mirani
MD & Chairman of the Board13.8yrs₹77.26m18.97%
₹ 526.3m
Vishakha Purohit
Chief Financial Officer2.4yrs₹2.53mno data
Tanaya Daryanani
Company Secretary & Compliance Officer6.7yrs₹1.84mno data
Shefali Mirani
Woman Executive Director10.5yrs₹16.45m11.58%
₹ 321.3m
Naresh Nanda
Functional Head of Operationsno datano datano data
Shruti Mehta
Functional Head of Human Resource1.5yrsno datano data
Deepak Kapadia
Functional Head of Commercialno datano datano data

6.7yrs

Average Tenure

Experienced Management: 531253's management team is seasoned and experienced (6.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Virendra Mirani
MD & Chairman of the Board24.5yrs₹77.26m18.97%
₹ 526.3m
Shefali Mirani
Woman Executive Director10.5yrs₹16.45m11.58%
₹ 321.3m
Ashwini Agarwal
Non Executive Independent Directorless than a yearno datano data
Malay Khimji
Non-Executive Independent Director4.8yrs₹115.00k0.00070%
₹ 19.4k
Bharati Mongia
Non-Executive Independent Director3.6yrs₹175.00kno data
Vaibhav Pittie
Non Executive Independent Directorless than a yearno datano data

4.2yrs

Average Tenure

56yo

Average Age

Experienced Board: 531253's board of directors are considered experienced (4.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 21:39
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

India Gelatine & Chemicals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution