S H Kelkar and Company Limited

BSE:539450 Stock Report

Market Cap: ₹35.2b

S H Kelkar Management

Management criteria checks 2/4

S H Kelkar's CEO is Kedar Vaze, appointed in Sep 2014, has a tenure of 10.25 years. total yearly compensation is ₹48.90M, comprised of 44.4% salary and 55.6% bonuses, including company stock and options. directly owns 12.59% of the company’s shares, worth ₹4.44B. The average tenure of the management team and the board of directors is 2.4 years and 6.6 years respectively.

Key information

Kedar Vaze

Chief executive officer

₹48.9m

Total compensation

CEO salary percentage44.4%
CEO tenure10.3yrs
CEO ownership12.6%
Management average tenure2.4yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kedar Vaze's remuneration changed compared to S H Kelkar's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹220m

Jun 30 2024n/an/a

₹109m

Mar 31 2024₹49m₹22m

₹1b

Dec 31 2023n/an/a

₹910m

Sep 30 2023n/an/a

₹718m

Jun 30 2023n/an/a

₹668m

Mar 31 2023₹28m₹20m

₹612m

Dec 31 2022n/an/a

₹714m

Sep 30 2022n/an/a

₹908m

Jun 30 2022n/an/a

₹887m

Mar 31 2022₹35m₹19m

₹1b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹29m₹15m

₹1b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹710m

Jun 30 2020n/an/a

₹325m

Mar 31 2020₹17m₹13m

₹357m

Dec 31 2019n/an/a

₹426m

Sep 30 2019n/an/a

₹749m

Jun 30 2019n/an/a

₹883m

Mar 31 2019₹17m₹13m

₹885m

Dec 31 2018n/an/a

₹902m

Sep 30 2018n/an/a

₹960m

Jun 30 2018n/an/a

₹861m

Mar 31 2018₹16m₹12m

₹939m

Compensation vs Market: Kedar's total compensation ($USD573.55K) is above average for companies of similar size in the Indian market ($USD268.22K).

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

CEO

Kedar Vaze (51 yo)

10.3yrs

Tenure

₹48,900,000

Compensation

Mr. Kedar Ramesh Vaze has been Group Chief Executive Officer and Whole-Time Director of S H Kelkar and Company Limited since September 18, 2014 and September 04, 2010 respectively. Mr. Vaze has experience...

Leadership Team

NamePositionTenureCompensationOwnership
Kedar Vaze
Group CEO & Whole-Time Director10.3yrs₹48.90m12.59%
₹ 4.4b
Rohit Saraogi
Executive VP3.1yrsno datano data
Avani Mainkar
Chief Scientific Officer4.9yrsno datano data
Swapneel Kore
Chief Information Officer1.6yrsno datano data
Nishant Kolgaonkar
Group Chief Human Resources Officer1.9yrsno datano data
Burkhard Juergens
Senior Vice President Fragrances of South East Asia2.4yrsno datano data
Medha Bhagat
Executive VP of Fragrance Asia Corporate & Global Accountsless than a yearno datano data

2.4yrs

Average Tenure

Experienced Management: 539450's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kedar Vaze
Group CEO & Whole-Time Director14.3yrs₹48.90m12.59%
₹ 4.4b
Neela Bhattacherjee
Non-Executive Independent Director2.6yrs₹1.40mno data
Vasant Gujarathi
Non-Executive Independent Director2.8yrs₹1.70mno data
Ramesh Vaze
Non-Executive Chairman43.8yrs₹6.00m21.61%
₹ 7.6b
Prabha Vaze
Non-Executive Non-Independent Director44.2yrs₹600.00k1.3%
₹ 457.6m
Deepak Bindra
Non-Executive Independent Director3yrs₹1.00mno data
Shrikant Oka
Non-Executive Independent Director6.6yrs₹1.50mno data

6.6yrs

Average Tenure

73yo

Average Age

Experienced Board: 539450's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 14:57
End of Day Share Price 2024/12/26 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

S H Kelkar and Company Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Anil BurraFirstCall Research
Richard LiuJM Financial Institutional Securities Limited