Indo Borax & Chemicals Limited

NSEI:INDOBORAX Stock Report

Market Cap: ₹5.6b

Indo Borax & Chemicals Management

Management criteria checks 3/4

Indo Borax & Chemicals' CEO is Sajal Jain, appointed in Mar 2015, has a tenure of 9.67 years. total yearly compensation is ₹53.12M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 29.17% of the company’s shares, worth ₹1.63B. The average tenure of the management team and the board of directors is 9.7 years and 3 years respectively.

Key information

Sajal Jain

Chief executive officer

₹53.1m

Total compensation

CEO salary percentage28.9%
CEO tenure9.7yrs
CEO ownership29.2%
Management average tenure9.7yrs
Board average tenure3yrs

Recent management updates

Recent updates

There's No Escaping Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Muted Earnings Despite A 26% Share Price Rise

Sep 06
There's No Escaping Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Muted Earnings Despite A 26% Share Price Rise

Indo Borax & Chemicals (NSE:INDOBORAX) Has Affirmed Its Dividend Of ₹1.00

Aug 03
Indo Borax & Chemicals (NSE:INDOBORAX) Has Affirmed Its Dividend Of ₹1.00

Indo Borax & Chemicals Limited (NSE:INDOBORAX) Surges 30% Yet Its Low P/E Is No Reason For Excitement

Jul 03
Indo Borax & Chemicals Limited (NSE:INDOBORAX) Surges 30% Yet Its Low P/E Is No Reason For Excitement

There May Be Reason For Hope In Indo Borax & Chemicals' (NSE:INDOBORAX) Disappointing Earnings

Jun 08
There May Be Reason For Hope In Indo Borax & Chemicals' (NSE:INDOBORAX) Disappointing Earnings

Returns on Capital Paint A Bright Future For Indo Borax & Chemicals (NSE:INDOBORAX)

Feb 14
Returns on Capital Paint A Bright Future For Indo Borax & Chemicals (NSE:INDOBORAX)

Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Jan 07
Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Should You Be Adding Indo Borax & Chemicals (NSE:INDOBORAX) To Your Watchlist Today?

Dec 21
Should You Be Adding Indo Borax & Chemicals (NSE:INDOBORAX) To Your Watchlist Today?

Indo Borax & Chemicals' (NSE:INDOBORAX) Dividend Will Be ₹1.00

Aug 11
Indo Borax & Chemicals' (NSE:INDOBORAX) Dividend Will Be ₹1.00

Do Indo Borax & Chemicals' (NSE:INDOBORAX) Earnings Warrant Your Attention?

Jul 25
Do Indo Borax & Chemicals' (NSE:INDOBORAX) Earnings Warrant Your Attention?

Investors Shouldn't Overlook Indo Borax & Chemicals' (NSE:INDOBORAX) Impressive Returns On Capital

Mar 29
Investors Shouldn't Overlook Indo Borax & Chemicals' (NSE:INDOBORAX) Impressive Returns On Capital

Not Many Are Piling Into Indo Borax & Chemicals Limited (NSE:INDOBORAX) Stock Yet As It Plummets 28%

Jun 01
Not Many Are Piling Into Indo Borax & Chemicals Limited (NSE:INDOBORAX) Stock Yet As It Plummets 28%

CEO Compensation Analysis

How has Sajal Jain's remuneration changed compared to Indo Borax & Chemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹429m

Jun 30 2024n/an/a

₹426m

Mar 31 2024₹53m₹15m

₹390m

Dec 31 2023n/an/a

₹402m

Sep 30 2023n/an/a

₹457m

Jun 30 2023n/an/a

₹482m

Mar 31 2023₹70m₹15m

₹507m

Dec 31 2022n/an/a

₹486m

Sep 30 2022n/an/a

₹431m

Jun 30 2022n/an/a

₹394m

Mar 31 2022₹54m₹15m

₹364m

Dec 31 2021n/an/a

₹385m

Sep 30 2021n/an/a

₹403m

Jun 30 2021n/an/a

₹384m

Mar 31 2021₹33m₹7m

₹343m

Dec 31 2020n/an/a

₹269m

Sep 30 2020n/an/a

₹206m

Jun 30 2020n/an/a

₹175m

Mar 31 2020₹12m₹3m

₹169m

Dec 31 2019n/an/a

₹150m

Sep 30 2019n/an/a

₹142m

Jun 30 2019n/an/a

₹170m

Mar 31 2019₹13m₹3m

₹175m

Mar 31 2018₹9m₹2m

₹134m

Compensation vs Market: Sajal's total compensation ($USD629.14K) is above average for companies of similar size in the Indian market ($USD42.62K).

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

CEO

Sajal Jain (57 yo)

9.7yrs

Tenure

₹53,123,000

Compensation

Mr. Sajal Sushilkumar Jain serves as Chief Financial Officer of Indo Borax & Chemicals Limited since March 31, 2015 and serves as its Executive Director since May 26, 2008. He served as Vice Chairman at In...

Leadership Team

NamePositionTenureCompensationOwnership
Sajal Jain
MD, CFO & Director9.7yrs₹53.12m29.17%
₹ 1.6b
Govind Parmar
Executive Director3yrs₹1.81mno data
Pravin Chavan
Compliance Officer & Company Secretary9.7yrs₹2.78mno data

9.7yrs

Average Tenure

Experienced Management: INDOBORAX's management team is seasoned and experienced (9.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sajal Jain
MD, CFO & Director16.5yrs₹53.12m29.17%
₹ 1.6b
Govind Parmar
Executive Director13.5yrs₹1.81mno data
Piyush Shah
Executive Director of Indoborax Infra Pvt Ltdno data₹890.00kno data
Sreelekha Jain
Non Executive Non Independent Women Director6.8yrs₹30.00k6.47%
₹ 361.8m
Sachin Gupta
Independent Director3yrs₹51.00kno data
Yogesh Patil
Independent Directorless than a year₹6.00kno data
Yatin Shah
Independent Directorless than a year₹3.00kno data
Minakshi Mittal
Independent Directorless than a yearno datano data

3.0yrs

Average Tenure

56yo

Average Age

Experienced Board: INDOBORAX's board of directors are considered experienced (3 years average tenure).