Syncom Formulations (India) Management
Management criteria checks 4/4
Syncom Formulations (India)'s CEO is Vijay Bankda, appointed in Dec 2004, has a tenure of 19.42 years. total yearly compensation is ₹5.40M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 11.77% of the company’s shares, worth ₹1.51B. The average tenure of the management team and the board of directors is 10.1 years and 5.8 years respectively.
Key information
Vijay Bankda
Chief executive officer
₹5.4m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 19.4yrs |
| CEO ownership | 11.8% |
| Management average tenure | 10.1yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹264m |
| Sep 30 2023 | n/a | n/a | ₹235m |
| Jun 30 2023 | n/a | n/a | ₹206m |
| Mar 31 2023 | ₹5m | ₹5m | ₹201m |
| Dec 31 2022 | n/a | n/a | ₹164m |
| Sep 30 2022 | n/a | n/a | ₹162m |
| Jun 30 2022 | n/a | n/a | ₹183m |
| Mar 31 2022 | ₹6m | ₹6m | ₹198m |
| Dec 31 2021 | n/a | n/a | ₹220m |
| Sep 30 2021 | n/a | n/a | ₹280m |
| Jun 30 2021 | n/a | n/a | ₹316m |
| Mar 31 2021 | ₹6m | ₹6m | ₹292m |
| Dec 31 2020 | n/a | n/a | ₹257m |
| Sep 30 2020 | n/a | n/a | ₹192m |
| Jun 30 2020 | n/a | n/a | ₹143m |
| Mar 31 2020 | ₹2m | ₹2m | ₹143m |
| Dec 31 2019 | n/a | n/a | ₹130m |
| Sep 30 2019 | n/a | n/a | ₹133m |
| Jun 30 2019 | n/a | n/a | ₹120m |
| Mar 31 2019 | ₹2m | ₹1m | ₹111m |
| Dec 31 2018 | n/a | n/a | ₹106m |
| Sep 30 2018 | n/a | n/a | ₹97m |
| Jun 30 2018 | n/a | n/a | ₹87m |
| Mar 31 2018 | ₹1m | ₹1m | ₹86m |
Compensation vs Market: Vijay's total compensation ($USD64.68K) is below average for companies of similar size in the Indian market ($USD185.58K).
Compensation vs Earnings: Vijay's compensation has been consistent with company performance over the past year.
CEO
Vijay Bankda (65 yo)
19.4yrs
Tenure
₹5,398,800
Compensation
Mr. Vijay Shankarlal Bankda, B. Com LLB, has been the Managing Director at Syncom Formulations India Ltd since December 2004. Mr. Bankda began his career in 1976 and has a valuable experience of more than...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 32.1yrs | ₹7.10m | 23.73% ₹ 3.0b | |
| MD and Executive & Non Independent Director | 19.4yrs | ₹5.40m | 11.77% ₹ 1.5b | |
| CFO & Additional Compliance Officer | 10.1yrs | ₹2.44m | 4.99% ₹ 640.9m | |
| Vice President of Marketing | no data | ₹2.05m | no data | |
| Vice President of Human Resources | no data | ₹2.40m | no data | |
| Whole Time Director | 6.5yrs | ₹2.88m | 1.25% ₹ 160.2m | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
10.1yrs
Average Tenure
48.5yo
Average Age
Experienced Management: 524470's management team is seasoned and experienced (10.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 32.1yrs | ₹7.10m | 23.73% ₹ 3.0b | |
| MD and Executive & Non Independent Director | 24.4yrs | ₹5.40m | 11.77% ₹ 1.5b | |
| Whole Time Director | 9.8yrs | ₹2.88m | 1.25% ₹ 160.2m | |
| Additional Non-Executive Independent Woman Director | 1.9yrs | ₹5.00k | no data | |
| Additional Non-Executive Independent Director | less than a year | no data | no data | |
| Additional Non-Executive Independent Director | less than a year | no data | no data |
5.8yrs
Average Tenure
42yo
Average Age
Experienced Board: 524470's board of directors are considered experienced (5.8 years average tenure).