Global Surfaces Limited

NSEI:GSLSU Stock Report

Market Cap: ₹8.9b

Global Surfaces Management

Management criteria checks 1/4

Global Surfaces' CEO is Mayank Shah, appointed in Mar 2019, has a tenure of 5.17 years. total yearly compensation is ₹19.02M, comprised of 73.7% salary and 26.3% bonuses, including company stock and options. directly owns 65.71% of the company’s shares, worth ₹5.87B. The average tenure of the management team and the board of directors is 2.6 years and 2.5 years respectively.

Key information

Mayank Shah

Chief executive officer

₹19.0m

Total compensation

CEO salary percentage73.7%
CEO tenure5.2yrs
CEO ownership65.7%
Management average tenure2.6yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Market Participants Recognise Global Surfaces Limited's (NSE:GSLSU) Revenues

Mar 11
Market Participants Recognise Global Surfaces Limited's (NSE:GSLSU) Revenues

Earnings Troubles May Signal Larger Issues for Global Surfaces (NSE:GSLSU) Shareholders

Nov 16
Earnings Troubles May Signal Larger Issues for Global Surfaces (NSE:GSLSU) Shareholders

CEO Compensation Analysis

How has Mayank Shah's remuneration changed compared to Global Surfaces's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹139m

Sep 30 2023n/an/a

₹155m

Jun 30 2023n/an/a

₹189m

Mar 31 2023₹19m₹14m

₹242m

Mar 31 2022₹3mn/a

₹356m

Mar 31 2021₹2mn/a

₹339m

Mar 31 2020₹1mn/a

₹210m

Compensation vs Market: Mayank's total compensation ($USD227.74K) is above average for companies of similar size in the Indian market ($USD39.52K).

Compensation vs Earnings: Mayank's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Mayank Shah (45 yo)

5.2yrs

Tenure

₹19,016,000

Compensation

Mr. Mayank Shah is Managing Director & Chairperson of Global Surfaces Limited since March 02, 2019 and its Executive Director with effect from December 24, 2004. He joined the Global Surfaces Limited on De...


Leadership Team

NamePositionTenureCompensationOwnership
Mayank Shah
MD & Chairperson5.2yrs₹19.02m65.71%
₹ 5.9b
Sanjeev Bansal
Vice President of Marketing5.8yrs₹3.74mno data
Sweta Shah
Executive Director2.6yrs₹6.96m5.66%
₹ 505.5m
Kamal Somani
Chief Financial Officerless than a yearno datano data
Sudarshan Venkatramana
General Manager of Operations & Productionno datano datano data
Dharam Rathore
Company Secretary & Compliance Officerless than a yearno datano data

2.6yrs

Average Tenure

47yo

Average Age

Experienced Management: GSLSU's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mayank Shah
MD & Chairperson19.4yrs₹19.02m65.71%
₹ 5.9b
Sweta Shah
Executive Director2.7yrs₹6.96m5.66%
₹ 505.5m
Dinesh Govil
Non-Executive Independent Director2.4yrs₹300.00kno data
Ashish Kachawa
Non-Executive Director4.3yrsno datano data
Yashwant Sharma
Non-Executive Independent Director2.4yrs₹300.00kno data
Sudhir Baxi
Non-Executive Independent Director2.4yrs₹165.00kno data

2.5yrs

Average Tenure

58.5yo

Average Age

Experienced Board: GSLSU's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.