Star Cement Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Vinit Tiwari

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	3.2yrs
Board average tenure	7.1yrs

Recent management updates

Recent updates

CEO

Vinit Tiwari (54 yo)

less than a year

Tenure

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sajjan Bhajanka	MD & Chairman	21.5yrs	₹19.80m	12.22% ₹ 11.7b
Rajendra Chamaria	Vice Chairman & MD	20.1yrs	₹30.42m	5.58% ₹ 5.3b
Pradeep Purohit	President & CSO	no data	₹13.93m	no data
Manoj Agarwal	Chief Financial Officer	6.5yrs	₹9.59m	0.00025% ₹ 239.5k
Debabrata Thakurta	Compliance Officer & Company Secretary	6.8yrs	₹3.14m	no data
Jyoti Agarwal	Chief Marketing Officer	no data	₹35.07m	no data
Prem Bhajanka	MD & Director	2.8yrs	₹36.63m	10.19% ₹ 9.8b
Pankaj Kejriwal	Executive Director	less than a year	₹20.00m	0.024% ₹ 23.4m
Sanjay Agarwal	MD & Executive Non-Independent Director	no data	₹19.80m	4.36% ₹ 4.2b
Munjala Laxmaiah	Senior Vice President	3.7yrs	₹8.64m	no data
Sundaram Srinivasan	Chief Manufacturing Officer	no data	₹9.39m	no data
Vinit Tiwari	Chief Executive Officer	less than a year	no data	no data

3.2yrs

Average Tenure

58yo

Average Age

Experienced Management: 540575's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sajjan Bhajanka	MD & Chairman	21.5yrs	₹19.80m	12.22% ₹ 11.7b
Rajendra Chamaria	Vice Chairman & MD	20.1yrs	₹30.42m	5.58% ₹ 5.3b
Prem Bhajanka	MD & Director	21.5yrs	₹36.63m	10.19% ₹ 9.8b
Pankaj Kejriwal	Executive Director	21.2yrs	₹20.00m	0.024% ₹ 23.4m
Sanjay Agarwal	MD & Executive Non-Independent Director	21.5yrs	₹19.80m	4.36% ₹ 4.2b
Tushar Bhajanka	Deputy MD & Director	less than a year	₹3.06m	0.26% ₹ 244.6m
Brij Agarwal	Additional Non-Executive Director	2.3yrs	no data	0.34% ₹ 321.9m
Plistina Dkhar	Independent Director	7.1yrs	₹25.00k	0.00025% ₹ 239.5k
Vivek Chawla	Additional Independent Director	1.1yrs	no data	no data
Amit Deb	Independent Non-Executive Director	4.1yrs	₹240.00k	no data
Ibaridor War	Independent Director	7.1yrs	₹25.00k	no data
Emlangky Lamare	Director of Star Cement Meghalaya Limited	no data	₹599.00k	no data

7.1yrs

Average Tenure

63yo

Average Age

Experienced Board: 540575's board of directors are considered experienced (7.1 years average tenure).

Star Cement Management

Management criteria checks 2/4

Key information

Recent management updates

MD & Director recently bought ₹53m worth of stock

Star Cement Limited Announces Director Appointments

Star Cement Limited, Annual General Meeting, Sep 28, 2023

Insider recently sold ₹9.0m worth of stock

Insider recently sold ₹9.0m worth of stock

Insider recently sold ₹31m worth of stock

Recent updates

MD & Director recently bought ₹53m worth of stock

Price target increased by 13% to ₹189

Third quarter 2024 earnings: EPS exceeds analyst expectations

Star Cement Limited to Report Q3, 2024 Results on Feb 07, 2024

Second quarter 2024 earnings released: EPS: ₹1.01 (vs ₹0.77 in 2Q 2023)

Star Cement Limited to Report Q2, 2024 Results on Nov 09, 2023

Now 20% undervalued

Star Cement Limited Announces Director Appointments

Consensus EPS estimates fall by 18%

Price target increased by 8.1% to ₹149

Price target increased by 7.0% to ₹143

Star Cement Limited, Annual General Meeting, Sep 28, 2023

Investor sentiment improves as stock rises 17%

Star Cement Limited to Report Q1, 2024 Results on Aug 08, 2023

New minor risk - Insider selling

Insider recently sold ₹9.0m worth of stock

Insider recently sold ₹9.0m worth of stock

Insider recently sold ₹31m worth of stock

Price target increased by 7.5% to ₹127

Full year 2023 earnings released: EPS: ₹6.13 (vs ₹6.04 in FY 2022)

Star Cement Limited Announces Chief Executive Officer Changes

Star Cement Limited to Report Q4, 2023 Results on May 19, 2023

Insider recently bought ₹5.6m worth of stock

Insider recently bought ₹5.1m worth of stock

Price target increased by 7.5% to ₹116

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Star Cement Limited Announces Board Changes

Star Cement Limited to Report Q3, 2023 Results on Feb 03, 2023

Insider recently sold ₹2.3m worth of stock

Insider recently sold ₹33m worth of stock

Price target increased to ₹108

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Star Cement Limited to Report Q2, 2023 Results on Nov 14, 2022

Vice Chairman & MD recently sold ₹4.5m worth of stock

MD & Director recently bought ₹3.0m worth of stock

Star Cement Limited Appoints Deepak Singhal as Independent Director of the Company

MD & Director recently bought ₹5.2m worth of stock

Insider recently sold ₹1.2m worth of stock

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Star Cement Limited, Annual General Meeting, Sep 27, 2022

Star Cement Limited to Report Q1, 2023 Results on Aug 02, 2022

MD & Director recently bought ₹2.2m worth of stock

Consensus EPS estimates fall by 10%

Consensus forecasts updated

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Star Cement Limited to Report Q4, 2022 Results on May 17, 2022

CEO, MD & Chairman recently bought ₹21m worth of stock

Star Cement Limited Announces CEO Changes

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently bought ₹3.0m worth of stock

Chairman & MD recently bought ₹6.0m worth of stock

Insufficient new directors

Insider recently sold ₹6.2m worth of stock

Second quarter 2022 earnings released: EPS ₹1.13 (vs ₹1.46 in 2Q 2021)

First quarter 2022 earnings released: EPS ₹1.65 (vs ₹1.05 in 1Q 2021)

Star Cement Limited (BSE:540575) announces an Equity Buyback for 8,248,580 shares, representing 2% for INR 1,237.29 million.

Vice Chairman & MD recently sold ₹165m worth of stock

Price target increased to ₹120

Full year 2021 earnings released: EPS ₹4.54 (vs ₹6.85 in FY 2020)

Third quarter 2021 earnings released: ₹0.04 loss per share (vs ₹1.71 profit in 3Q 2020)

Revenue behind estimates

Star Cement Limited to Report Q3, 2021 Results on Feb 08, 2021

Insider recently sold ₹25m worth of stock

Investor sentiment improved over the past week

New 90-day high: ₹102

New 90-day high: ₹91.60

Revenue beats expectations

Second quarter 2021 earnings released: EPS ₹1.46