Valiant Organics Management

Management criteria checks 2/4

Valiant Organics' CEO is Arvind Chheda, appointed in Apr 2019, has a tenure of 19.17 years. total yearly compensation is ₹8.00M, comprised of 40.7% salary and 59.3% bonuses, including company stock and options. directly owns 3.54% of the company’s shares, worth ₹408.67M. The average tenure of the management team and the board of directors is 2.5 years and 2.7 years respectively.

Key information

Arvind Chheda

Chief executive officer

₹8.0m

Total compensation

CEO salary percentage	40.7%
CEO tenure	5yrs
CEO ownership	3.5%
Management average tenure	2.5yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arvind Chheda's remuneration changed compared to Valiant Organics's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹386m
Sep 30 2023	n/a	n/a	₹685m
Jun 30 2023	n/a	n/a	₹851m
Mar 31 2023	₹8m	₹3m	₹881m
Dec 31 2022	n/a	n/a	₹895m
Sep 30 2022	n/a	n/a	₹974m
Jun 30 2022	n/a	n/a	₹1b
Mar 31 2022	₹10m	₹3m	₹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	₹10m	₹3m	₹1b
Dec 31 2020	n/a	n/a	₹1b
Sep 30 2020	n/a	n/a	₹1b
Jun 30 2020	n/a	n/a	₹1b
Mar 31 2020	₹13m	₹3m	₹1b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹2b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹10m	₹2m	₹1b
Dec 31 2018	n/a	n/a	₹821m
Sep 30 2018	n/a	n/a	₹424m
Jun 30 2018	n/a	n/a	₹294m
Mar 31 2018	₹4m	₹2m	₹163m

Compensation vs Market: Arvind's total compensation ($USD95.82K) is above average for companies of similar size in the Indian market ($USD39.49K).

Compensation vs Earnings: Arvind's compensation has been consistent with company performance over the past year.

CEO

Arvind Chheda (64 yo)

5yrs

Tenure

₹7,995,000

Compensation

Mr. Arvind Kanji Chheda has been a Managing Director and CEO at Valiant Organics Limited since April 20, 2019 and served as its Whole Time Director since February 16, 2005 and as Chief Finance Officer sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arvind Chheda	CEO, Managing Director & Director	5yrs	₹8.00m	3.54% ₹ 408.7m
Mahek Chheda	CFO & Whole-Time Director	2.9yrs	₹2.20m	0.24% ₹ 28.2m
Avani Lakhani	Company Secretary & Compliance Officer	2.5yrs	₹1.20m	no data
Vishnu Sawant	Head of Factory & Whole-Time Director	no data	₹2.20m	0.00036% ₹ 41.6k
Sathiababu Kallada	Executive Director	1.9yrs	₹3.01m	0.0058% ₹ 670.4k
Nemin Savadia	Executive Director	no data	₹1.28m	0.22% ₹ 25.2m
Siddharth Shah	Executive Director	1.8yrs	₹2.02m	0.25% ₹ 29.2m

2.5yrs

Average Tenure

61yo

Average Age

Experienced Management: 540145's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Arvind Chheda	CEO, Managing Director & Director	19.2yrs	₹8.00m	3.54% ₹ 408.7m
Mahek Chheda	CFO & Whole-Time Director	6.8yrs	₹2.20m	0.24% ₹ 28.2m
Vishnu Sawant	Head of Factory & Whole-Time Director	13yrs	₹2.20m	0.00036% ₹ 41.6k
Sathiababu Kallada	Executive Director	3.4yrs	₹3.01m	0.0058% ₹ 670.4k
Nemin Savadia	Executive Director	1.9yrs	₹1.28m	0.22% ₹ 25.2m
Siddharth Shah	Executive Director	1.8yrs	₹2.02m	0.25% ₹ 29.2m
Chandrakant Gogri	Chairman Emeritus	no data	₹15.00k	1.21% ₹ 139.6m
Mulesh Savla	Independent Director	5yrs	₹90.00k	no data
Navin Shah	Independent Chairman	1.7yrs	₹55.00k	no data
Kiritkumar Desai	Non-Executive Director	2.7yrs	₹50.00k	0.0022% ₹ 252.0k
Santosh Vora	Non- Executive Director	1.9yrs	₹45.00k	0.56% ₹ 64.5m
Sonal Vira	Independent Director	1.7yrs	₹20.00k	0.00013% ₹ 15.0k

2.7yrs

Average Tenure

61yo

Average Age

Experienced Board: 540145's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Valiant Organics Management

Management criteria checks 2/4

Key information

Recent management updates

Valiant Organics Limited, Annual General Meeting, Sep 15, 2023

Valiant Organics Limited Announces Cessation of Shri Velji Karamshi Gogri as an Independent Director Effective July 05, 2023

Valiant Organics Limited Announces Change in Directorate

Valiant Organics Limited Announces Reconstitution of Committees of the Board

Insider recently sold ₹2.9m worth of stock

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: ₹2.90 loss per share (vs ₹8.09 profit in 3Q 2023)

Valiant Organics Limited to Report Q3, 2024 Results on Feb 13, 2024

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: ₹1.53 (vs ₹7.72 in 2Q 2023)

New major risk - Revenue and earnings growth

Valiant Organics Limited, Annual General Meeting, Sep 15, 2023

First quarter 2024 earnings released: EPS: ₹4.58 (vs ₹5.68 in 1Q 2023)

Valiant Organics Limited to Report Q1, 2024 Results on Aug 09, 2023

Valiant Organics Limited Announces Cessation of Shri Velji Karamshi Gogri as an Independent Director Effective July 05, 2023

Investor sentiment improves as stock rises 16%

Valiant Organics Limited Announces Change in Directorate

Full year 2023 earnings released: EPS: ₹32.45 (vs ₹41.72 in FY 2022)

Valiant Organics Limited Announces Reconstitution of Committees of the Board

Valiant Organics Limited to Report Q4, 2023 Results on May 19, 2023

Investor sentiment improves as stock rises 23%

Upcoming dividend of ₹1.00 per share at 0.5% yield

Valiant Organics Limited Declares Interim Dividend for the Financial Year 2022-2023

Third quarter 2023 earnings released: EPS: ₹8.09 (vs ₹11.02 in 3Q 2022)

Valiant Organics Limited to Report Q3, 2023 Results on Jan 31, 2023

Insider recently sold ₹2.9m worth of stock

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: ₹7.72 (vs ₹9.42 in 2Q 2022)

Valiant Organics Limited to Report Q2, 2023 Results on Nov 08, 2022

Valiant Organics Limited Approves Dividend for the Year Ended March 31, 2022

Insider recently sold ₹4.3m worth of stock

Investor sentiment improved over the past week

Valiant Organics Limited Recommends Dividend Fiscal Year 2021-22

Valiant Organics Limited, Annual General Meeting, Sep 28, 2022

First quarter 2023 earnings released: EPS: ₹5.68 (vs ₹9.82 in 1Q 2022)

Valiant Organics Limited Approves Board Appointments

Valiant Organics Limited to Report Q1, 2023 Results on Aug 04, 2022

Investor sentiment improved over the past week

Head of Factory & Whole-Time Director recently bought ₹60k worth of stock

Valiant Organics Limited Announces Director Resignations

Insider recently sold ₹4.2m worth of stock

Insider recently sold ₹3.1m worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Valiant Organics Limited Recommends Dividend for the Financial Year Ended March 31, 2022

Valiant Organics Limited to Report Q4, 2022 Results on May 24, 2022

Price target increased to ₹1,980

Less than half of directors are independent

Valiant Organics Limited Announces Resignation of Bijal Modi as Executive Director

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Whole Time Director recently sold ₹5.7m worth of stock

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

Insider recently sold ₹594k worth of stock

Managing Director & Director recently sold ₹18m worth of stock

Second quarter 2022 earnings released: EPS ₹9.42 (vs ₹12.64 in 2Q 2021)

Investor sentiment improved over the past week

Insider recently sold ₹1.3m worth of stock

Company Secretary & Compliance Officer Vyoma Vyas has left the company

Whole Time Director recently sold ₹16m worth of stock

Non-Executive Director Dattatray Galpalli has left the company

Whole Time Director recently sold ₹3.0m worth of stock

First quarter 2022 earnings released: EPS ₹9.82 (vs ₹11.40 in 1Q 2021)

Insider recently sold ₹4.5m worth of stock

Chief Financial Officer Piyush Lakhan has left the company

Full year 2021 earnings released: EPS ₹44.68 (vs ₹57.01 in FY 2020)

Investor sentiment improved over the past week

Whole Time Director recently sold ₹643k worth of stock

New 90-day low: ₹1,320

Third quarter 2021 earnings released: EPS ₹12.56 (vs ₹12.18 in 3Q 2020)

Valiant Organics Limited to Report Q3, 2021 Results on Feb 10, 2021

New 90-day low: ₹1,369

New 90-day low: ₹1,495

Whole Time Director recently sold ₹937k worth of stock

Valiant Organics Limited Appoints Kallada Krishnan Sathiababu as Additional Director (Non-Executive Director)

Upcoming Dividend of ₹5.00 Per Share