Shilpa Medicare Limited

BSE:530549 Stock Report

Market Cap: ₹79.1b

Shilpa Medicare Management

Management criteria checks 4/4

Shilpa Medicare's CEO is Vishnukanth Bhutada, appointed in Aug 2022, has a tenure of 2.25 years. total yearly compensation is ₹35.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 8.87% of the company’s shares, worth ₹7.02B. The average tenure of the management team and the board of directors is 2.5 years and 3.2 years respectively.

Key information

Vishnukanth Bhutada

Chief executive officer

₹35.0m

Total compensation

CEO salary percentage100.0%
CEO tenure2.3yrs
CEO ownership8.9%
Management average tenure2.5yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vishnukanth Bhutada's remuneration changed compared to Shilpa Medicare's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹611m

Jun 30 2024n/an/a

₹448m

Mar 31 2024₹35m₹35m

₹319m

Dec 31 2023n/an/a

-₹7m

Sep 30 2023n/an/a

-₹119m

Jun 30 2023n/an/a

-₹321m

Mar 31 2023₹35m₹35m

-₹325m

Dec 31 2022n/an/a

₹51m

Sep 30 2022n/an/a

₹213m

Jun 30 2022n/an/a

₹599m

Mar 31 2022₹97m₹16m

₹607m

Dec 31 2021n/an/a

₹395m

Sep 30 2021n/an/a

₹376m

Jun 30 2021n/an/a

₹631m

Mar 31 2021₹97m₹16m

₹1b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹2b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹99m₹10m

₹2b

Dec 31 2019n/an/a

₹1b

Sep 30 2019n/an/a

₹1b

Jun 30 2019n/an/a

₹944m

Mar 31 2019₹75m₹10m

₹1b

Dec 31 2018n/an/a

₹1b

Sep 30 2018n/an/a

₹1b

Jun 30 2018n/an/a

₹1b

Mar 31 2018₹81m₹16m

₹1b

Compensation vs Market: Vishnukanth's total compensation ($USD414.47K) is about average for companies of similar size in the Indian market ($USD355.29K).

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

CEO

Vishnukanth Bhutada (62 yo)

2.3yrs

Tenure

₹35,000,000

Compensation

Mr. Vishnukanth Chaturbhuj Bhutada, B. Pharm. serves as the Managing Director of Shilpa Medicare Limited since August 11, 2022 . Mr. Bhutada joined Shilpa Medicare Limited in November 1987.He serves as th...

Leadership Team

NamePositionTenureCompensationOwnership
Vishnukanth Bhutada
MD & Director2.3yrs₹35.00m8.87%
₹ 7.0b
Alpesh Dalal
Chief Financial Officer3.5yrs₹14.73m0.0023%
₹ 1.8m
Sharath Kalakota
VP of Projects & Operations and Whole-Time Directorno data₹16.26m0.032%
₹ 25.6m
Ritu Tiwary
Company Secretary & Compliance Officer2.5yrs₹4.51mno data
Jayant Karajgi
Chief Operating Officer of Formulationsno data₹26.95mno data
Ganeshchandra Sonavane
President of Global R&Dno data₹11.50mno data
Rajeev Saxena
Senior Vice President – Domestic Formulations and Biologicsno data₹3.90mno data
Abhay Sapre
Senior Vice President of Formulationno data₹12.50mno data
Smita Holey
Executive Vice President – Formulations for Small Moleculesno data₹2.50mno data
Awez Pathan
Vice Presidentno data₹12.77mno data
Pramod Kumar
Senior Vice President of Technicalno data₹6.06mno data
P. V. Rao
Chief Human Resource Officerno datano datano data

2.5yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 530549's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vishnukanth Bhutada
MD & Director37yrs₹35.00m8.87%
₹ 7.0b
Sharath Kalakota
VP of Projects & Operations and Whole-Time Director5.1yrs₹16.26m0.032%
₹ 25.6m
Arvind Vasudeva
Non-Executive Independent Director3.2yrs₹3.00mno data
Kamal Sharma
Non-Executive Independent Director2.3yrs₹3.00mno data
Hetal Gandhi
Non-Executive Independent Director3.2yrs₹4.00m0.0092%
₹ 7.3m
Om Inani
Non-Executive Chairman36.7yrs₹350.00k3.3%
₹ 2.6b
Anita Bandyopadhyay
Independent Women Director2.3yrs₹1.80mno data

3.2yrs

Average Tenure

62yo

Average Age

Experienced Board: 530549's board of directors are considered experienced (3.2 years average tenure).