Ester Industries Management
Management criteria checks 1/4
Ester Industries' CEO is Arvind Singhania, appointed in Feb 2015, has a tenure of 9.75 years. total yearly compensation is ₹30.64M, comprised of 47% salary and 53% bonuses, including company stock and options. directly owns 2.8% of the company’s shares, worth ₹396.45M. The average tenure of the management team and the board of directors is 1.5 years and 7 years respectively.
Key information
Arvind Singhania
Chief executive officer
₹30.6m
Total compensation
| CEO salary percentage | 47.0% |
| CEO tenure | 9.8yrs |
| CEO ownership | 2.8% |
| Management average tenure | 1.5yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Ester Industries Limited's (NSE:ESTER) CEO Compensation
Sep 21
There's Reason For Concern Over Ester Industries Limited's (NSE:ESTER) Massive 25% Price Jump
Aug 09Ester Industries Limited (NSE:ESTER) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
May 09Investors Aren't Buying Ester Industries Limited's (NSE:ESTER) Revenues
Mar 14Ester Industries (NSE:ESTER) Has Announced That Its Dividend Will Be Reduced To ₹0.50
Sep 12Ester Industries (NSE:ESTER) Will Pay A Smaller Dividend Than Last Year
Aug 29Ester Industries' (NSE:ESTER) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 14Is Ester Industries (NSE:ESTER) Using Too Much Debt?
Aug 12Does Ester Industries (NSE:ESTER) Have A Healthy Balance Sheet?
Nov 17Shareholders Will Probably Hold Off On Increasing Ester Industries Limited's (NSE:ESTER) CEO Compensation For The Time Being
Sep 22Ester Industries' (NSE:ESTER) Dividend Will Be ₹1.90
Sep 15Ester Industries (NSE:ESTER) Will Pay A Dividend Of ₹1.90
Sep 01Ester Industries (NSE:ESTER) Has Affirmed Its Dividend Of ₹1.90
Aug 15Ester Industries (NSE:ESTER) Takes On Some Risk With Its Use Of Debt
May 26Ester Industries (NSE:ESTER) Is Investing Its Capital With Increasing Efficiency
Apr 30Shareholders Would Enjoy A Repeat Of Ester Industries' (NSE:ESTER) Recent Growth In Returns
Nov 18Ester Industries (NSE:ESTER) Is Achieving High Returns On Its Capital
Aug 04Is Ester Industries (NSE:ESTER) A Risky Investment?
Jul 08Ester Industries (NSE:ESTER) Strong Profits May Be Masking Some Underlying Issues
May 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₹816m |
| Jun 30 2024 | n/a | n/a | -₹1b |
| Mar 31 2024 | ₹31m | ₹14m | -₹1b |
| Dec 31 2023 | n/a | n/a | -₹1b |
| Sep 30 2023 | n/a | n/a | -₹790m |
| Jun 30 2023 | n/a | n/a | -₹440m |
| Mar 31 2023 | ₹31m | ₹14m | ₹117m |
| Dec 31 2022 | n/a | n/a | ₹1b |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹1b |
| Mar 31 2022 | ₹152m | ₹14m | ₹857m |
| Dec 31 2021 | n/a | n/a | ₹1b |
| Sep 30 2021 | n/a | n/a | ₹1b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹152m | ₹14m | ₹1b |
| Dec 31 2020 | n/a | n/a | ₹1b |
| Sep 30 2020 | n/a | n/a | ₹1b |
| Jun 30 2020 | n/a | n/a | ₹1b |
| Mar 31 2020 | ₹140m | ₹13m | ₹995m |
| Dec 31 2019 | n/a | n/a | ₹706m |
| Sep 30 2019 | n/a | n/a | ₹596m |
| Jun 30 2019 | n/a | n/a | ₹476m |
| Mar 31 2019 | ₹48m | ₹8m | ₹311m |
| Dec 31 2018 | n/a | n/a | ₹287m |
| Sep 30 2018 | n/a | n/a | ₹208m |
| Jun 30 2018 | n/a | n/a | ₹128m |
| Mar 31 2018 | ₹15m | ₹8m | ₹53m |
Compensation vs Market: Arvind's total compensation ($USD362.78K) is above average for companies of similar size in the Indian market ($USD187.40K).
Compensation vs Earnings: Arvind's compensation has increased whilst the company is unprofitable.
CEO
Arvind Singhania (60 yo)
9.8yrs
Tenure
₹30,640,000
Compensation
Mr. Arvind Singhania, B. Com has been the Chairman and Chief Executive Officer of Ester Industries Limited since February 11, 2015. Mr. Singhania has many years of experience in the fields of production, s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.8yrs | ₹30.64m | 2.8% ₹ 396.4m | |
| Chief Financial Officer | 1.7yrs | ₹7.96m | no data | |
| Company Secretary & Compliance Officer | 1.3yrs | ₹878.00k | no data | |
| Head of Business Development & Marketing and Whole-Time Director | no data | ₹12.89m | 0.19% ₹ 26.8m | |
| Whole-Time Director & Executive Director of Corporate Affairs | 2.8yrs | ₹11.42m | 0.00043% ₹ 60.9k | |
| Head of Legal | no data | ₹2.86m | no data | |
| General Manager of Sales & Marketing | no data | ₹2.44m | no data | |
| Head of Sales Marketing - Specialy Polymer | 1.1yrs | no data | no data | |
| Head of Manufacturing Operations | 1.3yrs | no data | no data |
1.5yrs
Average Tenure
60yo
Average Age
Experienced Management: ESTER's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 30.3yrs | ₹30.64m | 2.8% ₹ 396.4m | |
| Head of Business Development & Marketing and Whole-Time Director | 3.4yrs | ₹12.89m | 0.19% ₹ 26.8m | |
| Whole-Time Director & Executive Director of Corporate Affairs | 13.8yrs | ₹11.42m | 0.00043% ₹ 60.9k | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive & Independent Director | 9.5yrs | ₹160.00k | no data | |
| Non-Executive & Independent Director | 4.6yrs | ₹50.00k | no data | |
| Independent Director | less than a year | ₹10.00k | 0.023% ₹ 3.3m | |
| Non-Executive & Non-Independent Director | 10.3yrs | ₹80.00k | no data |
7.0yrs
Average Tenure
61yo
Average Age
Experienced Board: ESTER's board of directors are considered experienced (7 years average tenure).