Gujarat Terce Laboratories Management
Management criteria checks 4/4
Gujarat Terce Laboratories' CEO is Aalap Prajapati, appointed in Oct 2021, has a tenure of 2.58 years. total yearly compensation is ₹1.38M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth ₹3.65M. The average tenure of the management team and the board of directors is 5.4 years and 6.9 years respectively.
Key information
Aalap Prajapati
Chief executive officer
₹1.4m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.4yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹5m |
| Sep 30 2023 | n/a | n/a | -₹2m |
| Jun 30 2023 | n/a | n/a | -₹11m |
| Mar 31 2023 | ₹1m | ₹1m | -₹17m |
| Dec 31 2022 | n/a | n/a | -₹41m |
| Sep 30 2022 | n/a | n/a | -₹37m |
| Jun 30 2022 | n/a | n/a | -₹26m |
| Mar 31 2022 | ₹1m | ₹1m | ₹9m |
| Dec 31 2021 | n/a | n/a | ₹5m |
| Sep 30 2021 | n/a | n/a | -₹70k |
| Jun 30 2021 | n/a | n/a | -₹5m |
| Mar 31 2021 | ₹1m | ₹1m | -₹25m |
| Dec 31 2020 | n/a | n/a | -₹11m |
| Sep 30 2020 | n/a | n/a | -₹7m |
| Jun 30 2020 | n/a | n/a | ₹10m |
| Mar 31 2020 | ₹974k | ₹974k | ₹3m |
| Dec 31 2019 | n/a | n/a | ₹12m |
| Sep 30 2019 | n/a | n/a | ₹14m |
| Jun 30 2019 | n/a | n/a | -₹2m |
| Mar 31 2019 | ₹740k | ₹740k | ₹4m |
Compensation vs Market: Aalap's total compensation ($USD16.52K) is below average for companies of similar size in the Indian market ($USD39.49K).
Compensation vs Earnings: Aalap's compensation has been consistent with company performance over the past year.
CEO
Aalap Prajapati (35 yo)
2.6yrs
Tenure
₹1,377,000
Compensation
Mr. Aalap Natubhai Prajapati has been Whole Time Director of Gujarat Terce Laboratories Ltd., since April 01, 2018. Mr. Prajapati serves as Managing Director and Chief Executive Officer at Gujarat Terce L...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 39.2yrs | ₹1.81m | 21.7% ₹ 109.5m | |
| CEO, MD & Whole Time Director | 2.6yrs | ₹1.38m | 0.72% ₹ 3.7m | |
| Whole Time Director | 5.4yrs | ₹405.00k | 0.42% ₹ 2.1m | |
| Executive Officer | no data | ₹24.00 | no data | |
| Executive Officer | no data | ₹1.78m | no data | |
| Executive Officer | no data | ₹1.09m | no data | |
| Executive Officer | no data | ₹1.13m | no data | |
| Executive Officer | 7yrs | ₹1.17m | no data | |
| Executive Officer | no data | ₹1.13m | no data | |
| Chief Financial Officer | 5.4yrs | no data | no data | |
| Company Secretary & Compliance Officer | 1.2yrs | no data | no data | |
| Executive Officer | no data | ₹938.00k | no data |
5.4yrs
Average Tenure
48yo
Average Age
Experienced Management: 524314's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 39.2yrs | ₹1.81m | 21.7% ₹ 109.5m | |
| CEO, MD & Whole Time Director | 6.1yrs | ₹1.38m | 0.72% ₹ 3.7m | |
| Whole Time Director | 18.2yrs | ₹405.00k | 0.42% ₹ 2.1m | |
| Independent Director | 9.2yrs | no data | no data | |
| Independent Director | 6.9yrs | no data | no data | |
| Independent Director | 5.8yrs | no data | 0.0040% ₹ 20.4k | |
| Independent Director | 4.3yrs | no data | no data |
6.9yrs
Average Tenure
60yo
Average Age
Experienced Board: 524314's board of directors are considered experienced (6.9 years average tenure).