Solar Industries India Limited

BSE:532725 Stock Report

Market Cap: ₹805.2b

Solar Industries India Management

Management criteria checks 2/4

Solar Industries India's CEO is Manish Nuwal, appointed in Apr 2021, has a tenure of 2.92 years. total yearly compensation is ₹117.60M, comprised of 35.7% salary and 64.3% bonuses, including company stock and options. directly owns 38.93% of the company’s shares, worth ₹313.52B. The average tenure of the management team and the board of directors is 2.9 years and 2.7 years respectively.

Key information

Manish Nuwal

Chief executive officer

₹117.6m

Total compensation

CEO salary percentage35.7%
CEO tenure2.9yrs
CEO ownership38.9%
Management average tenure2.9yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Manish Nuwal's remuneration changed compared to Solar Industries India's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹8b

Sep 30 2023n/an/a

₹8b

Jun 30 2023n/an/a

₹8b

Mar 31 2023₹118m₹42m

₹8b

Dec 31 2022n/an/a

₹7b

Sep 30 2022n/an/a

₹6b

Jun 30 2022n/an/a

₹5b

Mar 31 2022₹51m₹30m

₹4b

Dec 31 2021n/an/a

₹4b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹28m₹12m

₹3b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹2b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹28m₹12m

₹3b

Dec 31 2019n/an/a

₹3b

Sep 30 2019n/an/a

₹3b

Jun 30 2019n/an/a

₹3b

Mar 31 2019₹28m₹12m

₹3b

Dec 31 2018n/an/a

₹3b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹2b

Mar 31 2018₹28m₹12m

₹2b

Dec 31 2017n/an/a

₹2b

Sep 30 2017n/an/a

₹2b

Jun 30 2017n/an/a

₹2b

Mar 31 2017₹28m₹12m

₹2b

Compensation vs Market: Manish's total compensation ($USD1.41M) is about average for companies of similar size in the Indian market ($USD1.14M).

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


CEO

Manish Nuwal (49 yo)

2.9yrs

Tenure

₹117,600,000

Compensation

Mr. Manish Satyanarayan Nuwal serves as the Chief Executive Officer of Solar Industries India Limited. Mr. Nuwal has been the Managing Director at Solar Industries India Limited (formerly, Solar Explosives...


Leadership Team

NamePositionTenureCompensationOwnership
Manish Nuwal
CEO, MD & Executive Director2.9yrs₹117.60m38.93%
₹ 313.5b
Moneesh Agrawal
Joint Chief Financial Officer2.8yrs₹4.30mno data
Shalinee Mandhana
Joint Chief Financial Officer2.8yrs₹3.40mno data
Khushboo Pasari
Compliance Officer & Company Secretary16.4yrs₹2.30mno data
Suresh Menon
Executive Directorno data₹8.30mno data
Milind Deshmukh
Additional Whole Time Directorno data₹8.60mno data
Kedar Ambikar
General Manager of Corporate HR2.8yrsno datano data
Sanjay Singh
Senior General Manager of Safety3.2yrsno datano data
Prashant Joshi
Senior General Manager- IT3.2yrsno datano data

2.9yrs

Average Tenure

58yo

Average Age

Experienced Management: 532725's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manish Nuwal
CEO, MD & Executive Director15.4yrs₹117.60m38.93%
₹ 313.5b
Suresh Menon
Executive Director5.8yrs₹8.30mno data
Milind Deshmukh
Additional Whole Time Director2.7yrs₹8.60mno data
Satyanarayan Nuwal
Non-Executive Chairmanno data₹3.50m11.11%
₹ 89.4b
Amrendra Verma
Non-Executive Independent Director11.3yrs₹1.14mno data
Rashmi Prasad
Non-Executive Independent Director1.2yrsno datano data
Natrajan Ramkrishna
Additional Non-Executive Independent Director1.4yrs₹390.00kno data
Jagdish Belwal
Non-Executive Independent Director2.2yrs₹100.00kno data

2.7yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 532725's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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