Meghmani Organics Limited

NSEI:MOL Stock Report

Market Cap: ₹21.4b

Meghmani Organics Management

Management criteria checks 3/4

Meghmani Organics' CEO is Ankit Patel, appointed in May 2021, has a tenure of 3.08 years. total yearly compensation is ₹2.55M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.33% of the company’s shares, worth ₹285.20M. The average tenure of the management team and the board of directors is 3.1 years and 0.8 years respectively.

Key information

Ankit Patel

Chief executive officer

₹2.5m

Total compensation

CEO salary percentage100.0%
CEO tenure3.1yrs
CEO ownership1.3%
Management average tenure3.1yrs
Board average tenureless than a year

Recent management updates

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Meghmani Organics Limited (NSE:MOL)

Feb 23
Risks To Shareholder Returns Are Elevated At These Prices For Meghmani Organics Limited (NSE:MOL)

Meghmani Organics (NSE:MOL) Is Due To Pay A Dividend Of ₹1.40

Jun 05
Meghmani Organics (NSE:MOL) Is Due To Pay A Dividend Of ₹1.40

Meghmani Organics (NSE:MOL) Could Be Struggling To Allocate Capital

Jan 24
Meghmani Organics (NSE:MOL) Could Be Struggling To Allocate Capital

Robust Earnings May Not Tell The Whole Story For Meghmani Organics (NSE:MOL)

May 09
Robust Earnings May Not Tell The Whole Story For Meghmani Organics (NSE:MOL)

Earnings Working Against Meghmani Organics Limited's (NSE:MOL) Share Price

Feb 14
Earnings Working Against Meghmani Organics Limited's (NSE:MOL) Share Price

CEO Compensation Analysis

How has Ankit Patel's remuneration changed compared to Meghmani Organics's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024₹3m₹3m

-₹1b

Dec 31 2023n/an/a

-₹339m

Sep 30 2023n/an/a

₹127m

Jun 30 2023n/an/a

₹942m

Mar 31 2023n/an/a

₹2b

Dec 31 2022n/an/a

₹3b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹63m₹10m

₹3b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021n/an/a

₹2b

Mar 31 2020₹28mn/a

₹3b

Mar 31 2019₹64mn/a

₹3b

Compensation vs Market: Ankit's total compensation ($USD30.47K) is below average for companies of similar size in the Indian market ($USD182.53K).

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


CEO

Ankit Patel (39 yo)

3.1yrs

Tenure

₹2,547,000

Compensation

Mr. Ankit Natwarlal Patel is a Co-Founder of Synergy Biofuels, LLC and serves as its Chief Executive Officer. Mr. Patel served as Chief Executive Officer of Meghmani Organics Limited since May 05, 2021 to...


Leadership Team

NamePositionTenureCompensationOwnership
Ankit Patel
Chairman of the Board & MD3.1yrs₹2.55m1.33%
₹ 285.2m
Ashishbhai Soparkar
Founderno data₹3.79m10.86%
₹ 2.3b
Natwarlal Patel
Founderno data₹3.79m8.32%
₹ 1.8b
Rameshbhai Patel
Founderno data₹3.79m7.14%
₹ 1.5b
Jayesh Patel
Founder3.1yrs₹2.18mno data
Gurjant Chahal
Chief Financial Officer3.1yrs₹5.72mno data
Darshan Patel
Executive Directorno data₹2.55m0.45%
₹ 96.3m
Karana Patel
Executive Directorno data₹2.55m0.78%
₹ 165.7m
Anand Patel
Founderno datano datano data
Sanjay Jain
Chief Financial Officer of MFLno data₹3.48mno data

3.1yrs

Average Tenure

55.5yo

Average Age

Experienced Management: MOL's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ankit Patel
Chairman of the Board & MDless than a year₹2.55m1.33%
₹ 285.2m
Darshan Patel
Executive Directorless than a year₹2.55m0.45%
₹ 96.3m
Karana Patel
Executive Directorless than a year₹2.55m0.78%
₹ 165.7m
Maulik Patel
Additional Non-Executive Directorless than a year₹64.06m0.62%
₹ 132.0m
Manubhai Patel
Independent Director3.1yrs₹675.00kno data
Kaushal Soparkar
Additional Non-Executive Directorless than a year₹64.06m0.00031%
₹ 66.3k
Varesh Sinha
Non-Executive Independent Director1.9yrs₹250.00kno data
Ganapati Yadav
Independent Director3.1yrs₹550.00kno data
Urvashi Shah
Independent Director3.1yrs₹350.00kno data
Nikunt Raval
Independent Directorless than a year₹75.00kno data

0.8yrs

Average Tenure

43yo

Average Age

Experienced Board: MOL's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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