Lactose (India) Limited

BSE:524202 Stock Report

Market Cap: ₹2.0b

Lactose (India) Management

Management criteria checks 3/4

Lactose (India)'s CEO is Atul Maheshwari, appointed in Jan 2014, has a tenure of 10.33 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 ₹220.68M. The average tenure of the management team and the board of directors is 8 years and 14.3 years respectively.

Key information

Atul Maheshwari

Chief executive officer

₹9.6m

Total compensation

CEO salary percentage100.0%
CEO tenure10.3yrs
CEO ownership11.2%
Management average tenure8yrs
Board average tenure14.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Atul Maheshwari's remuneration changed compared to Lactose (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD114.74K) is above average for companies of similar size in the Indian market ($USD39.30K).

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


CEO

Atul Maheshwari (58 yo)

10.3yrs

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 & Director10.3yrs₹9.58m11.21%
₹ 220.7m
Sangita Maheshwari
CFO & Whole Time Director8yrs₹5.27m30.73%
₹ 605.1m
Ritesh A. Pandey
Company Secretary & Compliance Officer4.3yrs₹695.35kno data

8.0yrs

Average Tenure

56yo

Average Age

Experienced Management: 524202's management team is seasoned and experienced (8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Atul Maheshwari
MD & Director33.2yrs₹9.58m11.21%
₹ 220.7m
Sangita Maheshwari
CFO & Whole Time Director10.3yrs₹5.27m30.73%
₹ 605.1m
Dhaval Soni
Independent Non-Executive Director2.2yrsno data0.000080%
₹ 1.6k
Gopal Sarda
Non Executive Independent Director15.7yrsno data0.0087%
₹ 172.1k
Pramod Kalani
Non Executive Independent Director14.3yrsno datano data

14.3yrs

Average Tenure

65yo

Average Age

Experienced Board: 524202's board of directors are seasoned and experienced ( 14.3 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.