Astron Paper & Board Mill Limited

BSE:540824 Stock Report

Market Cap: ₹1.0b

Astron Paper & Board Mill Management

Management criteria checks 3/4

Astron Paper & Board Mill's CEO is Kirit Patel, appointed in Apr 2016, has a tenure of 8.67 years. total yearly compensation is ₹4.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 15.21% of the company’s shares, worth ₹157.13M. The average tenure of the management team and the board of directors is 8.7 years and 10.8 years respectively.

Key information

Kirit Patel

Chief executive officer

₹4.8m

Total compensation

CEO salary percentage100.0%
CEO tenure8.7yrs
CEO ownership15.2%
Management average tenure8.7yrs
Board average tenure10.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kirit Patel's remuneration changed compared to Astron Paper & Board Mill's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹251m

Jun 30 2024n/an/a

-₹188m

Mar 31 2024₹5m₹5m

-₹112m

Dec 31 2023n/an/a

-₹65m

Sep 30 2023n/an/a

-₹115m

Jun 30 2023n/an/a

-₹219m

Mar 31 2023₹5m₹5m

-₹239m

Dec 31 2022n/an/a

-₹222m

Sep 30 2022n/an/a

-₹122m

Jun 30 2022n/an/a

₹25m

Mar 31 2022₹4m₹4m

₹81m

Dec 31 2021n/an/a

₹147m

Sep 30 2021n/an/a

₹142m

Jun 30 2021n/an/a

₹103m

Mar 31 2021₹2m₹2m

₹102m

Dec 31 2020n/an/a

₹63m

Sep 30 2020n/an/a

₹55m

Jun 30 2020n/an/a

₹103m

Mar 31 2020₹2m₹2m

₹132m

Dec 31 2019n/an/a

₹172m

Sep 30 2019n/an/a

₹226m

Jun 30 2019n/an/a

₹286m

Mar 31 2019₹1m₹1m

₹276m

Dec 31 2018n/an/a

₹270m

Sep 30 2018n/an/a

₹258m

Jun 30 2018n/an/a

₹227m

Mar 31 2018₹1m₹1m

₹208m

Compensation vs Market: Kirit's total compensation ($USD56.30K) is above average for companies of similar size in the Indian market ($USD42.16K).

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

CEO

Kirit Patel (51 yo)

8.7yrs

Tenure

₹4,800,000

Compensation

Mr. Kiritbhai Ghanshyambhai Patel, also known as Kirit, is the Promoter of Astron Paper & Board Mill Limited and has been its Managing Director since April 1, 2016 and also serves as its Chairman. He has b...

Leadership Team

NamePositionTenureCompensationOwnership
Kiritbhai Patel
Executive Chairman & MD8.7yrs₹4.80m15.21%
₹ 157.1m
Rohit Patel
Chief Financial Officer1.3yrs₹3.60mno data
Ramakant Patel
Whole Time Directorno data₹1.20m2.22%
₹ 22.9m
Bipinkumar Patel
Vice President of Finance & Accounts7.6yrsno datano data
Shakti Bhargava
Vice President of Marketing8.7yrs₹781.19kno data
Karshanbhai Patel
Executive Directorno datano data7.67%
₹ 79.2m
Dharmendra Singh
Vice President of Production9yrs₹1.72mno data

8.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 540824's management team is seasoned and experienced (8.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kiritbhai Patel
Executive Chairman & MD14yrs₹4.80m15.21%
₹ 157.1m
Ramakant Patel
Whole Time Director14yrs₹1.20m2.22%
₹ 22.9m
Karshanbhai Patel
Executive Director14yrsno data7.67%
₹ 79.2m
Sudhir Maheshwari
Independent Non-Executive Director7.6yrs₹102.00kno data
Dhyanam Vyas
Independent Woman Director2.6yrs₹45.00kno data
Anand Maheshwari
Independent Director2.4yrs₹205.00kno data

10.8yrs

Average Tenure

52yo

Average Age

Experienced Board: 540824's board of directors are seasoned and experienced ( 10.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 06:07
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

Astron Paper & Board Mill Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijay MadunalaFirstCall Research
Bikshapathi A.FirstCall Research