India Gelatine & Chemicals Limited

BSE:531253 Stock Report

Market Cap: ₹3.1b

India Gelatine & Chemicals Management

Management criteria checks 2/4

India Gelatine & Chemicals' CEO is Viren Mirani, appointed in Apr 2011, has a tenure of 13.08 years. total yearly compensation is ₹52.42M, comprised of 57.2% salary and 42.8% bonuses, including company stock and options. directly owns 18.97% of the company’s shares, worth ₹589.02M. The average tenure of the management team and the board of directors is 6 years and 7 years respectively.

Key information

Viren Mirani

Chief executive officer

₹52.4m

Total compensation

CEO salary percentage57.2%
CEO tenure13.1yrs
CEO ownership19.0%
Management average tenure6yrs
Board average tenure7yrs

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
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 ($USD628.02K) is above average for companies of similar size in the Indian market ($USD39.30K).

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


CEO

Viren Mirani (58 yo)

13.1yrs

Tenure

₹52,422,000

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 Board13.1yrs₹52.42m18.97%
₹ 589.0m
Vishakha Purohit
Chief Financial Officer1.8yrs₹2.34mno data
Tanaya Daryanani
Company Secretary & Compliance Officer6yrs₹1.25mno data
Shefali Mirani
Woman Executive Directorno data₹13.65m11.58%
₹ 359.6m

6.0yrs

Average Tenure

Experienced Management: 531253's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Virendra Mirani
MD & Chairman of the Board23.8yrs₹52.42m18.97%
₹ 589.0m
Shefali Mirani
Woman Executive Director9.8yrs₹13.65m11.58%
₹ 359.6m
Malay Khimji
Non-Executive Independent Director4.2yrs₹160.00k0.00070%
₹ 21.7k
Bharati Mongia
Non-Executive Independent Director2.9yrs₹150.00kno data

7.0yrs

Average Tenure

55yo

Average Age

Experienced Board: 531253's board of directors are considered experienced (7 years average tenure).


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