Ashapura Minechem Management
Management criteria checks 4/4
Ashapura Minechem's CEO is Hemul Shah, appointed in Feb 2020, has a tenure of 4.83 years. total yearly compensation is ₹7.28M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth ₹400.36K. The average tenure of the management team and the board of directors is 4.2 years and 4.8 years respectively.
Key information
Hemul Shah
Chief executive officer
₹7.3m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.001% |
| Management average tenure | 4.2yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Ashapura Minechem (NSE:ASHAPURMIN) Shareholders Will Want The ROCE Trajectory To Continue
Dec 13
We Think That There Are More Issues For Ashapura Minechem (NSE:ASHAPURMIN) Than Just Sluggish Earnings
Nov 22Slammed 29% Ashapura Minechem Limited (NSE:ASHAPURMIN) Screens Well Here But There Might Be A Catch
Oct 30Ashapura Minechem Limited's (NSE:ASHAPURMIN) Shares Bounce 26% But Its Business Still Trails The Market
Jun 14Ashapura Minechem (NSE:ASHAPURMIN) Takes On Some Risk With Its Use Of Debt
Feb 16Further Upside For Ashapura Minechem Limited (NSE:ASHAPURMIN) Shares Could Introduce Price Risks After 41% Bounce
Dec 18The Return Trends At Ashapura Minechem (NSE:ASHAPURMIN) Look Promising
Nov 25We Discuss Why Ashapura Minechem Limited's (NSE:ASHAPURMIN) CEO May Deserve A Higher Pay Packet
Sep 23Returns Are Gaining Momentum At Ashapura Minechem (NSE:ASHAPURMIN)
Aug 06Is Ashapura Minechem (NSE:ASHAPURMIN) Using Too Much Debt?
Dec 25Increases to CEO Compensation Might Be Put On Hold For Now at Ashapura Minechem Limited (NSE:ASHAPURMIN)
Sep 23Ashapura Minechem's (NSE:ASHAPURMIN) Dividend Will Be ₹0.50
Sep 10Returns On Capital Signal Tricky Times Ahead For Ashapura Minechem (NSE:ASHAPURMIN)
May 25The Returns On Capital At Ashapura Minechem (NSE:ASHAPURMIN) Don't Inspire Confidence
Feb 11Earnings Working Against Ashapura Minechem Limited's (NSE:ASHAPURMIN) Share Price
Jan 07Here's Why Ashapura Minechem (NSE:ASHAPURMIN) Is Weighed Down By Its Debt Load
Dec 13Ashapura Minechem's (NSE:ASHAPURMIN) Weak Earnings Might Be Worse Than They Appear
Jun 29Here's Why We Think Ashapura Minechem (NSE:ASHAPURMIN) Is Well Worth Watching
Jun 02Did The Underlying Business Drive Ashapura Minechem's (NSE:ASHAPURMIN) Lovely 347% Share Price Gain?
Mar 18Should You Be Adding Ashapura Minechem (NSE:ASHAPURMIN) To Your Watchlist Today?
Feb 19Is Ashapura Minechem (NSE:ASHAPURMIN) A Risky Investment?
Jan 24
How Much Of Ashapura Minechem Limited (NSE:ASHAPURMIN) Do Insiders Own?
Dec 20If You Had Bought Ashapura Minechem (NSE:ASHAPURMIN) Shares A Year Ago You'd Have Earned 185% Returns
Nov 15Health Check: How Prudently Does Ashapura Minechem (NSE:ASHAPURMIN) Use Debt?
Aug 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹2b |
| Jun 30 2024 | n/a | n/a | ₹2b |
| Mar 31 2024 | ₹7m | ₹7m | ₹3b |
| Dec 31 2023 | n/a | n/a | ₹3b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹2b |
| Mar 31 2023 | ₹8m | ₹8m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹894m |
| Sep 30 2022 | n/a | n/a | ₹365m |
| Jun 30 2022 | n/a | n/a | ₹653m |
| Mar 31 2022 | ₹5m | ₹5m | ₹865m |
| Dec 31 2021 | n/a | n/a | ₹1b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹4m | ₹4m | ₹875m |
| Dec 31 2020 | n/a | n/a | ₹4b |
| Sep 30 2020 | n/a | n/a | ₹4b |
| Jun 30 2020 | n/a | n/a | ₹4b |
| Mar 31 2020 | ₹796k | ₹646k | ₹4b |
| Dec 31 2019 | n/a | n/a | ₹211m |
| Sep 30 2019 | n/a | n/a | -₹513m |
| Jun 30 2019 | n/a | n/a | -₹3b |
| Mar 31 2019 | ₹7m | n/a | -₹3b |
| Dec 31 2018 | n/a | n/a | -₹4b |
| Sep 30 2018 | n/a | n/a | -₹4b |
| Jun 30 2018 | n/a | n/a | -₹811m |
| Mar 31 2018 | ₹250k | n/a | -₹452m |
Compensation vs Market: Hemul's total compensation ($USD85.67K) is below average for companies of similar size in the Indian market ($USD264.41K).
Compensation vs Earnings: Hemul's compensation has been consistent with company performance over the past year.
CEO
Hemul Shah (63 yo)
4.8yrs
Tenure
₹7,279,000
Compensation
Mr. Hemul Ramesh Shah serves as Chief Executive Officer and Executive Director of Ashapura Minechem Limited since February 16, 2020. He served as the Chief Executive Officer of International Projects & Inv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 9.6yrs | ₹12.50m | 14.23% ₹ 5.4b | |
| CEO & Executive Director | 4.8yrs | ₹7.28m | 0.0010% ₹ 400.4k | |
| Group Chief Financial Officer | 5.5yrs | ₹1.13m | no data | |
| Group Head of Human Resources and Administration | 3.5yrs | ₹474.00k | no data | |
| President of Corporate Affairs | no data | ₹1.13m | no data | |
| President of Marketing & Additional Whole Time Director | 1.9yrs | no data | no data |
4.2yrs
Average Tenure
Experienced Management: ASHAPURMIN's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 9.6yrs | ₹12.50m | 14.23% ₹ 5.4b | |
| CEO & Executive Director | 4.8yrs | ₹7.28m | 0.0010% ₹ 400.4k | |
| President of Marketing & Additional Whole Time Director | less than a year | no data | no data | |
| Non Executive Independent Director | 8.8yrs | ₹450.00k | no data | |
| Non-Executive Non-Independent Director | 4.8yrs | ₹225.00k | no data | |
| Non Executive Independent Woman Director | 4.1yrs | ₹150.00k | no data | |
| Additional Non Independent Director | less than a year | no data | no data |
4.8yrs
Average Tenure
63yo
Average Age
Experienced Board: ASHAPURMIN's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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Analyst Sources
Ashapura Minechem Limited is covered by 0 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.
| Analyst | Institution |
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