Indo Borax & Chemicals Limited

NSEI:INDOBORAX Stock Report

Market Cap: ₹6.0b

Indo Borax & Chemicals Management

Management criteria checks 2/4

Indo Borax & Chemicals' CEO is Sajal Jain, appointed in Mar 2015, has a tenure of 9.75 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 ₹1.75B. The average tenure of the management team and the board of directors is 9.8 years and 2 years respectively.

Key information

Sajal Jain

Chief executive officer

₹53.1m

Total compensation

CEO salary percentage28.9%
CEO tenure9.8yrs
CEO ownership29.2%
Management average tenure9.8yrs
Board average tenure2yrs

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 ($USD622.07K) is above average for companies of similar size in the Indian market ($USD42.28K).

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

CEO

Sajal Jain (57 yo)

9.8yrs

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 & Director9.8yrs₹53.12m29.17%
₹ 1.7b
Govind Parmar
Executive Director3.1yrs₹1.81mno data
Pravin Chavan
Compliance Officer & Company Secretary9.8yrs₹2.78mno data

9.8yrs

Average Tenure

Experienced Management: INDOBORAX's management team is seasoned and experienced (9.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sajal Jain
MD, CFO & Director16.6yrs₹53.12m29.17%
₹ 1.7b
Govind Parmar
Executive Director13.6yrs₹1.81mno data
Piyush Shah
Executive Director of Indoborax Infra Pvt Ltdno data₹890.00kno data
Sachin Gupta
Independent Director3.1yrs₹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

2.0yrs

Average Tenure

57yo

Average Age

Experienced Board: INDOBORAX's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 21:57
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Indo Borax & Chemicals Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research