Insecticides (India) Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Rajesh Aggarwal

Chief executive officer

₹41.0m

Total compensation

CEO salary percentage	23.9%
CEO tenure	27.9yrs
CEO ownership	31.4%
Management average tenure	7.6yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajesh Aggarwal's remuneration changed compared to Insecticides (India)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹1b
Jun 30 2024	n/a	n/a	₹1b
Mar 31 2024	₹41m	₹10m	₹1b
Dec 31 2023	n/a	n/a	₹653m
Sep 30 2023	n/a	n/a	₹624m
Jun 30 2023	n/a	n/a	₹540m
Mar 31 2023	₹33m	₹9m	₹632m
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹1b
Jun 30 2022	n/a	n/a	₹1b
Mar 31 2022	₹42m	₹9m	₹1b
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹1b
Jun 30 2021	n/a	n/a	₹1b
Mar 31 2021	₹40m	₹9m	₹939m
Dec 31 2020	n/a	n/a	₹650m
Sep 30 2020	n/a	n/a	₹678m
Jun 30 2020	n/a	n/a	₹752m
Mar 31 2020	₹43m	₹9m	₹869m
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹1b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹48m	₹9m	₹1b
Mar 31 2018	₹10m	₹9m	₹843m

Compensation vs Market: Rajesh's total compensation ($USD485.40K) is above average for companies of similar size in the Indian market ($USD190.23K).

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

CEO

Rajesh Aggarwal (54 yo)

27.9yrs

Tenure

₹40,979,000

Compensation

Mr. Rajesh Kumar Aggarwal, B.Com. has been Managing Director of Insecticides (India) Limited since November 22, 2006 and serves as its Chief Executive Officer. He has good Knowledge of production and Marke...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hari Aggarwal	Chairman	23.1yrs	₹42.83m	23.19% ₹ 4.8b
Rajesh Aggarwal	CEO, MD & Executive Director	no data	₹40.98m	31.37% ₹ 6.4b
Sandeep Aggarwal	Chief Financial officer	13.3yrs	₹4.17m	no data
Sandeep Kumar	Chief Compliance Officer & Company Secretary	7.6yrs	₹2.86m	no data
Nikunj Aggarwal	Whole-Time Director	no data	₹5.13m	15.94% ₹ 3.3b
Anil Goyal	Whole-time Director	2.3yrs	₹1.55m	no data
Sanjeev Aggarwal	Vice President of Operations	no data	no data	no data
S. Khan	Senior Manager of Human Resources	no data	no data	no data
Srikant Satwe	Senior Vice President of International Business	no data	₹2.92m	no data

7.6yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 532851's management team is seasoned and experienced (7.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hari Aggarwal	Chairman	23.1yrs	₹42.83m	23.19% ₹ 4.8b
Rajesh Aggarwal	CEO, MD & Executive Director	27.9yrs	₹40.98m	31.37% ₹ 6.4b
Nikunj Aggarwal	Whole-Time Director	11.5yrs	₹5.13m	15.94% ₹ 3.3b
Anil Goyal	Whole-time Director	2.3yrs	₹1.55m	no data
Shyam Bansal	Additional Independent Director	less than a year	₹120.00k	no data
Praveen Gupta	Independent Non-Executive Women Director	4.8yrs	₹375.00k	no data
Anil Bhatia	Independent Director	2.3yrs	₹345.00k	no data
Supratim Bandyopadhyay	Independent Director	less than a year	₹120.00k	no data

3.5yrs

Average Tenure

59yo

Average Age

Experienced Board: 532851's board of directors are considered experienced (3.5 years average tenure).

Insecticides (India) Management

Management criteria checks 2/4

Key information

Recent management updates

Insecticides (India) Limited Announces Resignation of P. C. Pabbi, Sr. VP Commercial

Insecticides (India) Limited, Annual General Meeting, Aug 12, 2024

Insecticides (India) Limited Announces Directorate Changes

Insecticides (India) Limited, Annual General Meeting, Sep 23, 2023

Insecticides (India) Limited, Annual General Meeting, Sep 23, 2022

Insufficient new directors

Recent updates

New major risk - Revenue and earnings growth

Price target decreased by 18% to ₹917

Second quarter 2025 earnings released: EPS: ₹20.78 (vs ₹17.95 in 2Q 2024)

Investor sentiment deteriorates as stock falls 20%

Insecticides (India) Limited Launches Torry Super with SPF Technology

Insecticides (India) Limited (BSE:532851) announces an Equity Buyback for 500,000 shares, representing 1.69% for INR 500 million.

Upcoming dividend of ₹2.00 per share

Price target increased by 33% to ₹862

Insecticides (India) Limited Declares Interim Dividend for the Financial Year 2024-2025, Payable on or from August 28, 2024

Full year 2024 earnings released: EPS: ₹34.59 (vs ₹21.36 in FY 2023)

Insecticides (India) Limited to Report Q2, 2025 Results on Nov 14, 2024

Insecticides (India) Limited Announces Resignation of P. C. Pabbi, Sr. VP Commercial

Investor sentiment improves as stock rises 21%

Insecticides (India) Limited, Annual General Meeting, Aug 12, 2024

Insecticides (India) Limited Announces Directorate Changes

Full year 2024 earnings released: EPS: ₹34.59 (vs ₹21.36 in FY 2023)

Price target increased by 12% to ₹646

Price target increased by 12% to ₹610

Now 20% undervalued

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: ₹17.95 (vs ₹15.15 in 2Q 2023)

Insecticides (India) Limited to Report Q3, 2024 Results on Feb 14, 2024

Insecticides (India) Limited, Annual General Meeting, Sep 23, 2023

First quarter 2024 earnings released: EPS: ₹9.85 (vs ₹12.94 in 1Q 2023)

Full year 2023 earnings released: EPS: ₹21.36 (vs ₹36.11 in FY 2022)

Now 23% undervalued

Price target decreased by 8.2% to ₹681

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of ₹3.00 per share at 0.5% yield

Insecticides (India) Limited Declares an Interim Dividend for Financial Year 2022-2023, Payable on February 24, 2023

Third quarter 2023 earnings released: EPS: ₹3.16 (vs ₹2.79 in 3Q 2022)

Price target increased to ₹742

Second quarter 2023 earnings released: EPS: ₹15.15 (vs ₹14.15 in 2Q 2022)

Upcoming dividend of ₹3.00 per share

Insecticides (India) Limited Proposes the Final Divided, Payable on October 03, 2022

Price target increased to ₹899

First quarter 2023 earnings released: EPS: ₹19.41 (vs ₹17.37 in 1Q 2022)

Insecticides (India) Limited, Annual General Meeting, Sep 23, 2022

Insecticides (India) Limited to Report Q1, 2023 Results on Aug 12, 2022

Price target increased to ₹803

Full year 2022 earnings released: EPS: ₹54.17 (vs ₹45.43 in FY 2021)

Insecticides (India) Limited Recommends Dividend

Insecticides (India) Limited to Report Q4, 2022 Results on May 26, 2022

Insufficient new directors

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

Insecticides (India) Limited to Report Q3, 2022 Results on Feb 10, 2022

Second quarter 2022 earnings released: EPS ₹21.22 (vs ₹20.13 in 2Q 2021)

First quarter 2022 earnings released: EPS ₹17.37 (vs ₹11.79 in 1Q 2021)

Full year 2021 earnings released: EPS ₹45.43 (vs ₹42.05 in FY 2020)

Investor sentiment improved over the past week

Price target decreased to ₹529

Insecticides (India) Limited (BSE:532851) announces an Equity Buyback for INR 600 million worth of its shares.

New 90-day low: ₹441

Third quarter 2021 earnings released: EPS ₹2.97 (vs ₹4.30 in 3Q 2020)

New 90-day high: ₹511

Insecticides (India) Limited to Report Q3, 2021 Results on Feb 05, 2021

Insecticides (India) Limited Announces Resignation of Vinod Kumar Mittal as Non-Executive Independent Director

Upcoming Dividend of ₹2.00 Per Share

Second quarter 2021 earnings released: EPS ₹20.13

New 90-day low: ₹421

Insecticides (India) Limited to Report Q2, 2021 Results on Nov 09, 2020

New 90-day high - ₹530

Earnings released

Insecticides (India) Limited to Report Q1, 2021 Results on Aug 14, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team