Finolex Industries Limited

NSEI:FINPIPE Stock Report

Market Cap: ₹164.7b

Finolex Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ajit Venkataraman

Chief executive officer

₹19.6m

Total compensation

CEO salary percentage100.0%
CEO tenure1.8yrs
CEO ownershipn/a
Management average tenureless than a year
Board average tenure4.7yrs

Recent management updates

Recent updates

Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

Apr 16
Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Mar 26
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Earnings Report: Finolex Industries Limited Missed Revenue Estimates By 8.6%

Jan 21
Earnings Report: Finolex Industries Limited Missed Revenue Estimates By 8.6%

Capital Allocation Trends At Finolex Industries (NSE:FINPIPE) Aren't Ideal

Dec 05
Capital Allocation Trends At Finolex Industries (NSE:FINPIPE) Aren't Ideal

Finolex Industries' (NSE:FINPIPE) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 11
Finolex Industries' (NSE:FINPIPE) Shareholders Will Receive A Smaller Dividend Than Last Year

Does Finolex Industries (NSE:FINPIPE) Have A Healthy Balance Sheet?

Jul 18
Does Finolex Industries (NSE:FINPIPE) Have A Healthy Balance Sheet?

Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

Jun 12
Finolex Industries (NSE:FINPIPE) May Have Issues Allocating Its Capital

We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

Mar 15
We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

Here's What's Concerning About Finolex Industries' (NSE:FINPIPE) Returns On Capital

Feb 23
Here's What's Concerning About Finolex Industries' (NSE:FINPIPE) Returns On Capital

Is Finolex Industries (NSE:FINPIPE) A Risky Investment?

Dec 06
Is Finolex Industries (NSE:FINPIPE) A Risky Investment?

Finolex Industries (NSE:FINPIPE) Might Be Having Difficulty Using Its Capital Effectively

Nov 11
Finolex Industries (NSE:FINPIPE) Might Be Having Difficulty Using Its Capital Effectively

Here's Why We Think Finolex Industries (NSE:FINPIPE) Is Well Worth Watching

Oct 01
Here's Why We Think Finolex Industries (NSE:FINPIPE) Is Well Worth Watching

Time To Worry? Analysts Are Downgrading Their Finolex Industries Limited (NSE:FINPIPE) Outlook

Jul 28
Time To Worry? Analysts Are Downgrading Their Finolex Industries Limited (NSE:FINPIPE) Outlook

Finolex Industries (NSE:FINPIPE) Might Become A Compounding Machine

Jul 15
Finolex Industries (NSE:FINPIPE) Might Become A Compounding Machine

Do Finolex Industries's (NSE:FINPIPE) Earnings Warrant Your Attention?

Jun 14
Do Finolex Industries's (NSE:FINPIPE) Earnings Warrant Your Attention?

Why Finolex Industries' (NSE:FINPIPE) Earnings Are Weaker Than They Seem

May 26
Why Finolex Industries' (NSE:FINPIPE) Earnings Are Weaker Than They Seem

We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

May 21
We Think Finolex Industries (NSE:FINPIPE) Can Stay On Top Of Its Debt

Calculating The Fair Value Of Finolex Industries Limited (NSE:FINPIPE)

Apr 19
Calculating The Fair Value Of Finolex Industries Limited (NSE:FINPIPE)

Investors Should Be Encouraged By Finolex Industries' (NSE:FINPIPE) Returns On Capital

Feb 24
Investors Should Be Encouraged By Finolex Industries' (NSE:FINPIPE) Returns On Capital

Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

Feb 11
Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

Finolex Industries Limited Recorded A 34% Miss On Revenue: Analysts Are Revisiting Their Models

Jan 29
Finolex Industries Limited Recorded A 34% Miss On Revenue: Analysts Are Revisiting Their Models

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Jan 10
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Finolex Industries (NSE:FINPIPE) Is Investing Its Capital With Increasing Efficiency

Nov 06
Finolex Industries (NSE:FINPIPE) Is Investing Its Capital With Increasing Efficiency

Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

Oct 19
Does Finolex Industries (NSE:FINPIPE) Deserve A Spot On Your Watchlist?

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Jun 28
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Safely

Here's Why I Think Finolex Industries (NSE:FINPIPE) Might Deserve Your Attention Today

May 03
Here's Why I Think Finolex Industries (NSE:FINPIPE) Might Deserve Your Attention Today

Shareholders Are Optimistic That Finolex Industries (NSE:FINPIPE) Will Multiply In Value

Apr 19
Shareholders Are Optimistic That Finolex Industries (NSE:FINPIPE) Will Multiply In Value

What Kind Of Investors Own Most Of Finolex Industries Limited (NSE:FINPIPE)?

Mar 17
What Kind Of Investors Own Most Of Finolex Industries Limited (NSE:FINPIPE)?

These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Reasonably Well

Mar 04
These 4 Measures Indicate That Finolex Industries (NSE:FINPIPE) Is Using Debt Reasonably Well

Finolex Industries Limited's (NSE:FINPIPE) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

Feb 19
Finolex Industries Limited's (NSE:FINPIPE) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

This Just In: Analysts Are Boosting Their Finolex Industries Limited (NSE:FINPIPE) Outlook for This Year

Feb 06
This Just In: Analysts Are Boosting Their Finolex Industries Limited (NSE:FINPIPE) Outlook for This Year

With EPS Growth And More, Finolex Industries (NSE:FINPIPE) Is Interesting

Feb 02
With EPS Growth And More, Finolex Industries (NSE:FINPIPE) Is Interesting

Should You Be Impressed By Finolex Industries' (NSE:FINPIPE) Returns on Capital?

Jan 02
Should You Be Impressed By Finolex Industries' (NSE:FINPIPE) Returns on Capital?

What Type Of Shareholders Make Up Finolex Industries Limited's (NSE:FINPIPE) Share Registry?

Dec 15
What Type Of Shareholders Make Up Finolex Industries Limited's (NSE:FINPIPE) Share Registry?

Finolex Industries (NSE:FINPIPE) Seems To Use Debt Quite Sensibly

Nov 24
Finolex Industries (NSE:FINPIPE) Seems To Use Debt Quite Sensibly

Finolex Industries Limited's (NSE:FINPIPE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 06
Finolex Industries Limited's (NSE:FINPIPE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

CEO Compensation Analysis

How has Ajit Venkataraman's remuneration changed compared to Finolex Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹5b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹20m₹20m

₹3b

Compensation vs Market: Ajit's total compensation ($USD234.81K) is below average for companies of similar size in the Indian market ($USD433.43K).

Compensation vs Earnings: Insufficient data to compare Ajit's compensation with company performance.


CEO

Ajit Venkataraman

1.8yrs

Tenure

₹19,600,000

Compensation

Mr. Ajit Venkataraman served as Chief Executive Officer of Finolex Industries Limited since August 1, 2022 until June 01, 2023 and serves as its Managing Director & Additional Director since June 01, 2023....


Leadership Team

NamePositionTenureCompensationOwnership
Prakash Chhabria
Executive Chairman32.2yrs₹114.40m0.14%
₹ 227.5m
Ajit Venkataraman
MD & Additional Director1.8yrs₹19.60mno data
Niraj Kedia
CFO & Chief Risk Officer2yrs₹9.50mno data
Saumya Chakrabarti
Director of Technical & Whole-Time Director1.9yrs₹15.50mno data
Harish Dash
Chief Information Officer & Grievance Officerless than a yearno datano data
Chaitanya Pol
Compliance Officerless than a yearno datano data
Pradeep Vedula
President of Sales & Marketingless than a yearno datano data
Sarita Tripathi
Chief Human Resources Officerless than a yearno datano data
Arun Sonawane
President of Operation Pipes & Fittingsno datano datano data
Shreedatta Albur
President of Operations of PVC DIVISIONless than a yearno datano data
Rajeev Singh
Head of Operations at Pipes divisionless than a yearno datano data
Swad Deshpande
Head of Purchaseless than a yearno datano data

0.4yrs

Average Tenure

Experienced Management: FINPIPE's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Prakash Chhabria
Executive Chairman32.2yrs₹114.40m0.14%
₹ 227.5m
Ajit Venkataraman
MD & Additional Directorless than a year₹19.60mno data
Saumya Chakrabarti
Director of Technical & Whole-Time Director1.9yrs₹15.50mno data
Kanchan Chitale
Independent Woman Director5.1yrs₹3.90mno data
Pradeep Kumar Rathi
Independent Director4.7yrs₹4.30mno data
Saurabh Dhanorkar
Non-Executive & Non-Independent Director6.8yrs₹3.90m0.0046%
₹ 7.5m
Anami Narayan Roy
Independent Director4.7yrs₹3.20mno data
Ritu Chhabria
Non-Executive & Non-Independent Director9.2yrs₹3.00m0.0036%
₹ 5.9m
Deepak Parikh
Non-Executive & Independent Director4.7yrs₹3.10mno data
Bhumika Batra
Non-Executive & Independent Director4.7yrs₹3.30m0.000080%
₹ 131.8k

4.7yrs

Average Tenure

63.5yo

Average Age

Experienced Board: FINPIPE's board of directors are considered experienced (4.7 years average tenure).


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