I G Petrochemicals Limited

NSEI:IGPL Stock Report

Market Cap: ₹16.2b

I G Petrochemicals Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nikunj Dhanuka

Chief executive officer

₹58.8m

Total compensation

CEO salary percentage29.4%
CEO tenure25.8yrs
CEO ownership0.1%
Management average tenureno data
Board average tenure18.5yrs

Recent management updates

Recent updates

I G Petrochemicals Limited's (NSE:IGPL) Shares Leap 26% Yet They're Still Not Telling The Full Story

May 01
I G Petrochemicals Limited's (NSE:IGPL) Shares Leap 26% Yet They're Still Not Telling The Full Story

These 4 Measures Indicate That I G Petrochemicals (NSE:IGPL) Is Using Debt Reasonably Well

May 28
These 4 Measures Indicate That I G Petrochemicals (NSE:IGPL) Is Using Debt Reasonably Well

Here's Why I G Petrochemicals (NSE:IGPL) Can Manage Its Debt Responsibly

Feb 25
Here's Why I G Petrochemicals (NSE:IGPL) Can Manage Its Debt Responsibly

Do I G Petrochemicals's (NSE:IGPL) Earnings Warrant Your Attention?

Oct 22
Do I G Petrochemicals's (NSE:IGPL) Earnings Warrant Your Attention?

I G Petrochemicals (NSE:IGPL) Has A Pretty Healthy Balance Sheet

Sep 17
I G Petrochemicals (NSE:IGPL) Has A Pretty Healthy Balance Sheet

Estimating The Fair Value Of I G Petrochemicals Limited (NSE:IGPL)

May 30
Estimating The Fair Value Of I G Petrochemicals Limited (NSE:IGPL)

Is I G Petrochemicals (NSE:IGPL) Using Too Much Debt?

Mar 03
Is I G Petrochemicals (NSE:IGPL) Using Too Much Debt?

Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

Feb 10
Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Jan 20
I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Introducing I G Petrochemicals (NSE:IGPL), The Stock That Zoomed 227% In The Last Five Years

Dec 25
Introducing I G Petrochemicals (NSE:IGPL), The Stock That Zoomed 227% In The Last Five Years

We Think I G Petrochemicals (NSE:IGPL) Is Taking Some Risk With Its Debt

Nov 29
We Think I G Petrochemicals (NSE:IGPL) Is Taking Some Risk With Its Debt

What To Know Before Buying I G Petrochemicals Limited (NSE:IGPL) For Its Dividend

Nov 03
What To Know Before Buying I G Petrochemicals Limited (NSE:IGPL) For Its Dividend

I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Sep 26
I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Did Business Growth Power I G Petrochemicals' (NSE:IGPL) Share Price Gain of 120%?

Aug 31
Did Business Growth Power I G Petrochemicals' (NSE:IGPL) Share Price Gain of 120%?

Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

Aug 04
Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

I G Petrochemicals (NSE:IGPL) Use Of Debt Could Be Considered Risky

Jun 30
I G Petrochemicals (NSE:IGPL) Use Of Debt Could Be Considered Risky

CEO Compensation Analysis

How has Nikunj Dhanuka's remuneration changed compared to I G Petrochemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹686m

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹59m₹17m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹68m₹13m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹52m₹9m

₹2b

Dec 31 2020n/an/a

₹922m

Sep 30 2020n/an/a

₹338m

Jun 30 2020n/an/a

₹140m

Mar 31 2020₹17m₹9m

₹209m

Dec 31 2019n/an/a

₹350m

Sep 30 2019n/an/a

₹481m

Jun 30 2019n/an/a

₹853m

Mar 31 2019₹37m₹6m

₹1b

Mar 31 2018₹44m₹6m

₹1b

Compensation vs Market: Nikunj's total compensation ($USD705.46K) is above average for companies of similar size in the Indian market ($USD185.46K).

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


CEO

Nikunj Dhanuka (56 yo)

25.8yrs

Tenure

₹58,813,000

Compensation

Mr. Nikunj Dhanuka, B.Com has been the Managing Director of IG Petrochemicals Ltd. since April 27, 2006 and serves as its Chief Executive Officer. Mr. Dhanuka has been a Director of Mysore Petro Chemicals...


Board Members

NamePositionTenureCompensationOwnership
Nikunj Dhanuka
MD, CEO & Executive Director25.8yrs₹58.81m0.13%
₹ 21.7m
Rajesh Muni
Independent Non-Executive Director22.1yrs₹2.02m0.018%
₹ 2.9m
Madan Mohan Hanuman Dhanuka
Non-Executive Chairman35.6yrs₹38.05m0.34%
₹ 55.3m
Arjun Kumar Rathi
Non-Executive & Independent Director14.8yrs₹1.93m0.00032%
₹ 52.0k
Vaijayanti Pandit
Non-Executive & Independent Director9.2yrs₹1.91mno data
Sagar Jadhav
Executive Directorless than a yearno datano data

18.5yrs

Average Tenure

72yo

Average Age

Experienced Board: IGPL's board of directors are seasoned and experienced ( 18.5 years average tenure).


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