Makers Laboratories Management
Management criteria checks 2/4
Makers Laboratories' CEO is Saahil Parikh, appointed in Oct 2017, has a tenure of 6.5 years. total yearly compensation is ₹5.55M, comprised of 63.9% salary and 36.1% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth ₹3.08M. The average tenure of the management team and the board of directors is 6.5 years and 5.2 years respectively.
Key information
Saahil Parikh
Chief executive officer
₹5.5m
Total compensation
| CEO salary percentage | 63.9% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.5yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -₹53m |
| Sep 30 2023 | n/a | n/a | -₹59m |
| Jun 30 2023 | n/a | n/a | -₹52m |
| Mar 31 2023 | ₹6m | ₹4m | -₹48m |
| Dec 31 2022 | n/a | n/a | -₹51m |
| Sep 30 2022 | n/a | n/a | -₹8m |
| Jun 30 2022 | n/a | n/a | ₹15m |
| Mar 31 2022 | ₹5m | ₹3m | ₹50m |
| Dec 31 2021 | n/a | n/a | ₹58m |
| Sep 30 2021 | n/a | n/a | ₹23m |
| Jun 30 2021 | n/a | n/a | ₹15m |
| Mar 31 2021 | ₹5m | ₹3m | -₹3m |
| Dec 31 2020 | n/a | n/a | -₹2m |
| Sep 30 2020 | n/a | n/a | ₹11m |
| Jun 30 2020 | n/a | n/a | ₹5m |
| Mar 31 2020 | ₹5m | ₹3m | -₹1m |
| Dec 31 2019 | n/a | n/a | ₹3m |
| Sep 30 2019 | n/a | n/a | ₹3m |
| Jun 30 2019 | n/a | n/a | ₹9m |
| Mar 31 2019 | ₹4m | ₹3m | ₹24m |
| Dec 31 2018 | n/a | n/a | ₹25m |
| Sep 30 2018 | n/a | n/a | ₹33m |
| Jun 30 2018 | n/a | n/a | ₹42m |
| Mar 31 2018 | ₹4m | ₹4m | ₹31m |
Compensation vs Market: Saahil's total compensation ($USD66.49K) is above average for companies of similar size in the Indian market ($USD39.24K).
Compensation vs Earnings: Saahil's compensation has increased whilst the company is unprofitable.
CEO
Saahil Parikh (48 yo)
6.5yrs
Tenure
₹5,546,726
Compensation
Mr. Saahil U. Parikh has been the Chief Executive Officer of Makers Laboratories Limited since October 30, 2017 and served as the Chief Financial Officer until October 30, 2017. Mr. Parikh joined Makers La...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO and Executive Non-Independent & Whole Time Director | 6.5yrs | ₹5.55m | 0.37% ₹ 3.1m | |
| Senior Manager of Accounts & CFO | 6.5yrs | ₹1.17m | no data | |
| Senior Manager of Materials and Executive Non-Independent & Whole Time Director | 7.1yrs | ₹3.37m | no data | |
| General Manager of Operations | no data | no data | no data | |
| Senior Vice President of Marketing | no data | ₹4.65m | no data | |
| Deputy General Manager of Sales | no data | no data | no data |
6.5yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 506919's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO and Executive Non-Independent & Whole Time Director | 9.7yrs | ₹5.55m | 0.37% ₹ 3.1m | |
| Senior Manager of Materials and Executive Non-Independent & Whole Time Director | 5.2yrs | ₹3.37m | no data | |
| Additional Non-Executive Non-Independent Director | 12.7yrs | ₹90.00k | 2.08% ₹ 17.4m | |
| Non-Executive Independent Chairman | 5.2yrs | ₹200.00k | no data | |
| Additional Non-Executive Independent Director | 3.4yrs | ₹230.00k | 0.13% ₹ 1.1m |
5.2yrs
Average Tenure
48yo
Average Age
Experienced Board: 506919's board of directors are considered experienced (5.2 years average tenure).