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 8.58 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 ₹122.68M. The average tenure of the management team and the board of directors is 8.6 years and 10.7 years respectively.
Key information
Kirit Patel
Chief executive officer
₹4.8m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 8.6yrs |
| CEO ownership | 15.2% |
| Management average tenure | 8.6yrs |
| Board average tenure | 10.7yrs |
Recent management updates
Recent updates
Astron Paper & Board Mill Limited (NSE:ASTRON) Shares Fly 27% But Investors Aren't Buying For Growth
Jul 05
Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital
May 21Little Excitement Around Astron Paper & Board Mill Limited's (NSE:ASTRON) Revenues As Shares Take 26% Pounding
Mar 17Revenues Not Telling The Story For Astron Paper & Board Mill Limited (NSE:ASTRON) After Shares Rise 29%
Jan 16Shareholders Will Probably Be Cautious Of Increasing Astron Paper & Board Mill Limited's (NSE:ASTRON) CEO Compensation At The Moment
Sep 23Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt
Jun 29Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt
Mar 07Investors Could Be Concerned With Astron Paper & Board Mill's (NSE:ASTRON) Returns On Capital
Feb 23Astron Paper & Board Mill (NSE:ASTRON) Seems To Use Debt Quite Sensibly
Dec 06Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital
Aug 17These 4 Measures Indicate That Astron Paper & Board Mill (NSE:ASTRON) Is Using Debt Extensively
Jun 07Astron Paper & Board Mill (NSE:ASTRON) Will Will Want To Turn Around Its Return Trends
May 12Are Astron Paper & Board Mill Limited's (NSE:ASTRON) Mixed Financials Driving The Negative Sentiment?
Mar 09The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About
Feb 11We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt
Jan 10
Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 06We're Watching These Trends At Astron Paper & Board Mill (NSE:ASTRON)
Nov 01Need To Know: Astron Paper & Board Mill Limited (NSE:ASTRON) Insiders Have Been Selling Shares
Sep 28Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Going Strong: Have Financials A Role To Play?
Sep 01We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt
Aug 06The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About
Jul 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₹251m |
| Jun 30 2024 | n/a | n/a | -₹188m |
| Mar 31 2024 | ₹5m | ₹5m | -₹112m |
| Dec 31 2023 | n/a | n/a | -₹65m |
| Sep 30 2023 | n/a | n/a | -₹115m |
| Jun 30 2023 | n/a | n/a | -₹219m |
| Mar 31 2023 | ₹5m | ₹5m | -₹239m |
| Dec 31 2022 | n/a | n/a | -₹222m |
| Sep 30 2022 | n/a | n/a | -₹122m |
| Jun 30 2022 | n/a | n/a | ₹25m |
| Mar 31 2022 | ₹4m | ₹4m | ₹81m |
| Dec 31 2021 | n/a | n/a | ₹147m |
| Sep 30 2021 | n/a | n/a | ₹142m |
| Jun 30 2021 | n/a | n/a | ₹103m |
| Mar 31 2021 | ₹2m | ₹2m | ₹102m |
| Dec 31 2020 | n/a | n/a | ₹63m |
| Sep 30 2020 | n/a | n/a | ₹55m |
| Jun 30 2020 | n/a | n/a | ₹103m |
| Mar 31 2020 | ₹2m | ₹2m | ₹132m |
| Dec 31 2019 | n/a | n/a | ₹172m |
| Sep 30 2019 | n/a | n/a | ₹226m |
| Jun 30 2019 | n/a | n/a | ₹286m |
| Mar 31 2019 | ₹1m | ₹1m | ₹276m |
| Dec 31 2018 | n/a | n/a | ₹270m |
| Sep 30 2018 | n/a | n/a | ₹258m |
| Jun 30 2018 | n/a | n/a | ₹227m |
| Mar 31 2018 | ₹1m | ₹1m | ₹208m |
Compensation vs Market: Kirit's total compensation ($USD56.86K) is above average for companies of similar size in the Indian market ($USD42.70K).
Compensation vs Earnings: Kirit's compensation has been consistent with company performance over the past year.
CEO
Kirit Patel (51 yo)
8.6yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 8.6yrs | ₹4.80m | 15.21% ₹ 122.7m | |
| Chief Financial Officer | 1.3yrs | ₹3.60m | no data | |
| Whole Time Director | no data | ₹1.20m | 2.22% ₹ 17.9m | |
| Vice President of Finance & Accounts | 7.5yrs | no data | no data | |
| Vice President of Marketing | 8.6yrs | ₹781.19k | no data | |
| Executive Director | no data | no data | 7.67% ₹ 61.8m | |
| Vice President of Production | 8.9yrs | ₹1.72m | no data |
8.6yrs
Average Tenure
52yo
Average Age
Experienced Management: ASTRON's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 13.9yrs | ₹4.80m | 15.21% ₹ 122.7m | |
| Whole Time Director | 13.9yrs | ₹1.20m | 2.22% ₹ 17.9m | |
| Executive Director | 13.9yrs | no data | 7.67% ₹ 61.8m | |
| Independent Non-Executive Director | 7.5yrs | ₹102.00k | no data | |
| Independent Woman Director | 2.5yrs | ₹45.00k | no data | |
| Independent Director | 2.3yrs | ₹205.00k | 0.20% ₹ 1.6m |
10.7yrs
Average Tenure
52yo
Average Age
Experienced Board: ASTRON's board of directors are seasoned and experienced ( 10.7 years average tenure).