Lactose (India) Limited

BSE:524202 Stock Report

Market Cap: ₹2.3b

Lactose (India) Management

Management criteria checks 2/4

Lactose (India)'s CEO is Atul Maheshwari, appointed in Jan 2014, has a tenure of 10.83 years. total yearly compensation is ₹9.58M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 11.21% of the company’s shares, worth ₹275.01M. The average tenure of the management team and the board of directors is 8.5 years and 2.7 years respectively.

Key information

Atul Maheshwari

Chief executive officer

₹9.6m

Total compensation

CEO salary percentage100.0%
CEO tenure10.8yrs
CEO ownership11.2%
Management average tenure8.5yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Atul Maheshwari's remuneration changed compared to Lactose (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹93m

Jun 30 2024n/an/a

₹81m

Mar 31 2024₹10m₹10m

₹68m

Dec 31 2023n/an/a

₹53m

Sep 30 2023n/an/a

₹28m

Jun 30 2023n/an/a

₹21m

Mar 31 2023₹10m₹10m

₹12m

Dec 31 2022n/an/a

₹29m

Sep 30 2022n/an/a

₹30m

Jun 30 2022n/an/a

₹32m

Mar 31 2022₹10m₹10m

₹25m

Dec 31 2021n/an/a

₹1m

Sep 30 2021n/an/a

-₹6m

Jun 30 2021n/an/a

-₹18m

Mar 31 2021₹10m₹10m

-₹25m

Dec 31 2020n/an/a

-₹29m

Sep 30 2020n/an/a

-₹23m

Jun 30 2020n/an/a

-₹14m

Mar 31 2020₹8m₹8m

₹720k

Dec 31 2019n/an/a

-₹1m

Sep 30 2019n/an/a

₹218k

Jun 30 2019n/an/a

₹2m

Mar 31 2019₹7m₹7m

₹7m

Dec 31 2018n/an/a

₹10m

Sep 30 2018n/an/a

₹13m

Jun 30 2018n/an/a

-₹6m

Mar 31 2018₹5m₹5m

-₹13m

Compensation vs Market: Atul's total compensation ($USD113.46K) is above average for companies of similar size in the Indian market ($USD42.70K).

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


CEO

Atul Maheshwari (59 yo)

10.8yrs

Tenure

₹9,578,000

Compensation

Mr. Atul Surajmal Maheshwari, MBA, has been Independent Non–Executive Director at Photoquip India Limited since November 11, 2019. He has been Managing Director of Lactose (India) Ltd., since January 24, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Atul Maheshwari
MD & Director10.8yrs₹9.58m11.21%
₹ 262.0m
Sangita Maheshwari
CFO & Whole Time Director8.5yrs₹9.58m30.73%
₹ 718.3m
Ritesh A. Pandey
Company Secretary & Compliance Officer4.8yrs₹821.00kno data

8.5yrs

Average Tenure

57yo

Average Age

Experienced Management: 524202's management team is seasoned and experienced (8.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Atul Maheshwari
MD & Director33.7yrs₹9.58m11.21%
₹ 262.0m
Sangita Maheshwari
CFO & Whole Time Director10.8yrs₹9.58m30.73%
₹ 718.3m
Nandan Srinath
Non-Executive Independent Directorless than a yearno datano data
Dhaval Soni
Independent Non-Executive Director2.7yrsno data0.000080%
₹ 1.9k
Chandramohan Bhagavatula
Non-Executive Independent Directorless than a yearno datano data

2.7yrs

Average Tenure

59yo

Average Age

Experienced Board: 524202's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.