Astron Paper & Board Mill Limited

NSEI:ASTRON Stock Report

Market Cap: ₹838.4m

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 8.75 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 ₹127.56M. The average tenure of the management team and the board of directors is 8.8 years and 10.9 years respectively.

Key information

Kirit Patel

Chief executive officer

₹4.8m

Total compensation

CEO salary percentage100.0%
CEO tenure8.8yrs
CEO ownership15.2%
Management average tenure8.8yrs
Board average tenure10.9yrs

Recent management updates

Recent updates

Some Shareholders Feeling Restless Over Astron Paper & Board Mill Limited's (NSE:ASTRON) P/S Ratio

Dec 25
Some Shareholders Feeling Restless Over Astron Paper & Board Mill Limited's (NSE:ASTRON) P/S Ratio

Astron Paper & Board Mill Limited (NSE:ASTRON) Shares Fly 27% But Investors Aren't Buying For Growth

Jul 05
Astron Paper & Board Mill Limited (NSE:ASTRON) Shares Fly 27% But Investors Aren't Buying For Growth

Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital

May 21
Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital

Little Excitement Around Astron Paper & Board Mill Limited's (NSE:ASTRON) Revenues As Shares Take 26% Pounding

Mar 17
Little Excitement Around Astron Paper & Board Mill Limited's (NSE:ASTRON) Revenues As Shares Take 26% Pounding

Revenues Not Telling The Story For Astron Paper & Board Mill Limited (NSE:ASTRON) After Shares Rise 29%

Jan 16
Revenues Not Telling The Story For Astron Paper & Board Mill Limited (NSE:ASTRON) After Shares Rise 29%

Shareholders Will Probably Be Cautious Of Increasing Astron Paper & Board Mill Limited's (NSE:ASTRON) CEO Compensation At The Moment

Sep 23
Shareholders Will Probably Be Cautious Of Increasing Astron Paper & Board Mill Limited's (NSE:ASTRON) CEO Compensation At The Moment

Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt

Jun 29
Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt

Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt

Mar 07
Astron Paper & Board Mill (NSE:ASTRON) Is Carrying A Fair Bit Of Debt

Investors Could Be Concerned With Astron Paper & Board Mill's (NSE:ASTRON) Returns On Capital

Feb 23
Investors Could Be Concerned With Astron Paper & Board Mill's (NSE:ASTRON) Returns On Capital

Astron Paper & Board Mill (NSE:ASTRON) Seems To Use Debt Quite Sensibly

Dec 06
Astron Paper & Board Mill (NSE:ASTRON) Seems To Use Debt Quite Sensibly

Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital

Aug 17
Be Wary Of Astron Paper & Board Mill (NSE:ASTRON) And Its Returns On Capital

These 4 Measures Indicate That Astron Paper & Board Mill (NSE:ASTRON) Is Using Debt Extensively

Jun 07
These 4 Measures Indicate That Astron Paper & Board Mill (NSE:ASTRON) Is Using Debt Extensively

Astron Paper & Board Mill (NSE:ASTRON) Will Will Want To Turn Around Its Return Trends

May 12
Astron Paper & Board Mill (NSE:ASTRON) Will Will Want To Turn Around Its Return Trends

Are Astron Paper & Board Mill Limited's (NSE:ASTRON) Mixed Financials Driving The Negative Sentiment?

Mar 09
Are Astron Paper & Board Mill Limited's (NSE:ASTRON) Mixed Financials Driving The Negative Sentiment?

The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About

Feb 11
The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About

We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt

Jan 10
We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt

Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Dec 06
Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

We're Watching These Trends At Astron Paper & Board Mill (NSE:ASTRON)

Nov 01
We're Watching These Trends At Astron Paper & Board Mill (NSE:ASTRON)

Need To Know: Astron Paper & Board Mill Limited (NSE:ASTRON) Insiders Have Been Selling Shares

Sep 28
Need To Know: Astron Paper & Board Mill Limited (NSE:ASTRON) Insiders Have Been Selling Shares

Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Going Strong: Have Financials A Role To Play?

Sep 01
Astron Paper & Board Mill Limited's (NSE:ASTRON) Stock Is Going Strong: Have Financials A Role To Play?

We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt

Aug 06
We Think Astron Paper & Board Mill (NSE:ASTRON) Is Taking Some Risk With Its Debt

The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About

Jul 16
The Trends At Astron Paper & Board Mill (NSE:ASTRON) That You Should Know About

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 ($USD55.42K) is above average for companies of similar size in the Indian market ($USD41.59K).

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

CEO

Kirit Patel (51 yo)

8.8yrs

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 & MD8.8yrs₹4.80m15.21%
₹ 127.6m
Rohit Patel
Chief Financial Officer1.4yrs₹3.60mno data
Ramakant Patel
Whole Time Directorno data₹1.20m2.22%
₹ 18.6m
Bipinkumar Patel
Vice President of Finance & Accounts7.7yrsno datano data
Shakti Bhargava
Vice President of Marketing8.8yrs₹781.19kno data
Karshanbhai Patel
Executive Directorno datano data7.67%
₹ 64.3m
Dharmendra Singh
Vice President of Production9.1yrs₹1.72mno data

8.8yrs

Average Tenure

52yo

Average Age

Experienced Management: ASTRON's management team is seasoned and experienced (8.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kiritbhai Patel
Executive Chairman & MD14.1yrs₹4.80m15.21%
₹ 127.6m
Ramakant Patel
Whole Time Director14.1yrs₹1.20m2.22%
₹ 18.6m
Karshanbhai Patel
Executive Director14.1yrsno data7.67%
₹ 64.3m
Sudhir Maheshwari
Independent Non-Executive Director7.7yrs₹102.00kno data
Dhyanam Vyas
Independent Woman Director2.7yrs₹45.00kno data
Anand Maheshwari
Independent Director2.5yrs₹205.00kno data

10.9yrs

Average Tenure

52yo

Average Age

Experienced Board: ASTRON's board of directors are seasoned and experienced ( 10.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 23:41
End of Day Share Price 2025/01/30 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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