SPP Polymer Management

Management criteria checks 4/4

SPP Polymer's CEO is Dipak Goyal, appointed in Aug 2023, has a tenure of 2.17 years. total yearly compensation is ₹1.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 16.91% of the company’s shares, worth ₹43.33M. The average tenure of the management team and the board of directors is 6 years and 7.5 years respectively.

Key information

Dipak Goyal

Chief executive officer

₹1.2m

Total compensation

CEO salary percentage	100.00%
CEO tenure	2.2yrs
CEO ownership	16.9%
Management average tenure	6yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dipak Goyal's remuneration changed compared to SPP Polymer's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2025	₹1m	₹1m	₹11m
Mar 31 2024	₹1m	n/a	₹10m

Compensation vs Market: Dipak's total compensation ($USD13.53K) is below average for companies of similar size in the Indian market ($USD46.55K).

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

CEO

Dipak Goyal (44 yo)

2.2yrs

Tenure

₹1,200,000

Compensation

Mr. Dipak Jagmahendra Goyal is Director of SPP Polymer Limited and serves as its Managing Director since August 5, 2023 and serves as its Chief Financial Officer since August 11, 2023. He has cleared the e...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dipak Goyal	CFO, MD & Director	2.2yrs	₹1.20m	16.91% ₹ 43.3m
Liladhar Mundhara	Whole-Time Director	2yrs	₹836.54k	24.1% ₹ 61.8m
Mahavir Bahety	Whole-Time Director	2yrs	₹1.14m	28.37% ₹ 72.7m
Chetna Shoor	Company Secretary & Compliance Officer	1.7yrs	no data	no data
Pramod Kumar	Sales Manager	14.8yrs	no data	no data
Neha Mundhra	Assistant Marketing Manager	6yrs	no data	no data
Atul Shukla	Production Manager	15.2yrs	no data	no data
Bajrang Sethia	Accountant	16.3yrs	no data	no data
Vinod Jain	Accountant	18.7yrs	no data	no data

6.0yrs

Average Tenure

53yo

Average Age

Experienced Management: SPPPOLY's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dipak Goyal	CFO, MD & Director	12.9yrs	₹1.20m	16.91% ₹ 43.3m
Liladhar Mundhara	Whole-Time Director	20yrs	₹836.54k	24.1% ₹ 61.8m
Mahavir Bahety	Whole-Time Director	20.5yrs	₹1.14m	28.37% ₹ 72.7m
Rakesh Kothari	Independent Non-Executive Director	2yrs	₹30.00k	no data
Rinku Gulgulia	Independent Non-Executive Director	2yrs	₹30.00k	no data
Pooja Garg	Independent Non-Executive Director	2yrs	₹30.00k	no data

7.5yrs

Average Tenure

49yo

Average Age

Experienced Board: SPPPOLY's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/11 10:58
End of Day Share Price	2025/10/10 00:00
Earnings	2025/03/31
Annual Earnings	2025/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

SPP Polymer Limited is covered by 0 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.