Norris Medicines Limited

BSE:524414 Stock Report

Market Cap: ₹215.3m

Norris Medicines Management

Management criteria checks 3/4

Norris Medicines' CEO is Vimal Shah, appointed in Apr 2015, has a tenure of 9.58 years. directly owns 23.6% of the company’s shares, worth ₹50.82M. The average tenure of the management team and the board of directors is 9.6 years and 0.6 years respectively.

Key information

Vimal Shah

Chief executive officer

₹600.0k

Total compensation

CEO salary percentagen/a
CEO tenure9.6yrs
CEO ownership23.6%
Management average tenure9.6yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vimal Shah's remuneration changed compared to Norris Medicines's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹8m

Jun 30 2024n/an/a

-₹9m

Mar 31 2024₹600kn/a

-₹12m

Dec 31 2023n/an/a

-₹19m

Sep 30 2023n/an/a

-₹18m

Jun 30 2023n/an/a

-₹19m

Mar 31 2023₹600kn/a

-₹17m

Dec 31 2022n/an/a

-₹34m

Sep 30 2022n/an/a

-₹34m

Jun 30 2022n/an/a

-₹36m

Mar 31 2022₹600kn/a

-₹33m

Dec 31 2021n/an/a

-₹42m

Sep 30 2021n/an/a

-₹43m

Jun 30 2021n/an/a

-₹48m

Mar 31 2021₹600kn/a

-₹50m

Dec 31 2020n/an/a

-₹23m

Sep 30 2020n/an/a

-₹28m

Jun 30 2020n/an/a

-₹26m

Mar 31 2020₹600k₹600k

-₹28m

Dec 31 2019n/an/a

-₹14m

Sep 30 2019n/an/a

-₹20m

Jun 30 2019n/an/a

-₹14m

Mar 31 2019₹600k₹600k

-₹17m

Dec 31 2018n/an/a

-₹25m

Sep 30 2018n/an/a

-₹20m

Jun 30 2018n/an/a

-₹24m

Mar 31 2018₹600k₹600k

-₹25m

Compensation vs Market: Vimal's total compensation ($USD7.10K) is below average for companies of similar size in the Indian market ($USD42.67K).

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

CEO

Vimal Shah (48 yo)

9.6yrs

Tenure

₹600,000

Compensation

Mr. Vimal Dhirendra Shah has been Managing Director at Norris Medicines Ltd. since April 1, 2015. Mr. Shah was the Chairman of Norris Medicines Limited since April 01, 2017 and its Executive Director since...

Leadership Team

NamePositionTenureCompensationOwnership
Vimal Shah
MD & Executive Director9.6yrs₹600.00k23.6%
₹ 50.8m
Iqubal Patel
Chief Financial Officer9.7yrs₹627.00kno data
Bharat Shah
General Manager of Operationsno datano datano data
Priyanka Lohiya
Company Secretary & Compliance Officerless than a yearno datano data
Manish Seth
General Manager of Marketingno datano datano data

9.6yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 524414's management team is seasoned and experienced (9.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vimal Shah
MD & Executive Director12.8yrs₹600.00k23.6%
₹ 50.8m
Praveenchand Bafna
Non-Executive Directorless than a yearno datano data
Angamuthu Vadivel
Non-Executive Independent Directorless than a yearno datano data

0.6yrs

Average Tenure

51yo

Average Age

Experienced Board: 524414's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.