Granules India Limited

BSE:532482 Stock Report

Market Cap: ₹144.7b

Granules India Management

Management criteria checks 2/4

Granules India's CEO is Krishna Chigurupati, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is ₹316.37M, comprised of 5.7% salary and 94.3% bonuses, including company stock and options. directly owns 32.45% of the company’s shares, worth ₹47.20B. The average tenure of the management team and the board of directors is 1.9 years and 3 years respectively.

Key information

Krishna Chigurupati

Chief executive officer

₹316.4m

Total compensation

CEO salary percentage5.7%
CEO tenure2.9yrs
CEO ownership32.4%
Management average tenure1.9yrs
Board average tenure3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Krishna Chigurupati's remuneration changed compared to Granules India's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹5b

Jun 30 2024n/an/a

₹5b

Mar 31 2024₹316m₹18m

₹4b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹354m₹18m

₹5b

Dec 31 2022n/an/a

₹5b

Sep 30 2022n/an/a

₹5b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹272m₹18m

₹4b

Dec 31 2021n/an/a

₹4b

Sep 30 2021n/an/a

₹5b

Jun 30 2021n/an/a

₹6b

Mar 31 2021₹419m₹18m

₹5b

Dec 31 2020n/an/a

₹5b

Sep 30 2020n/an/a

₹4b

Jun 30 2020n/an/a

₹4b

Mar 31 2020n/an/a

₹3b

Dec 31 2019n/an/a

₹3b

Sep 30 2019n/an/a

₹3b

Jun 30 2019n/an/a

₹3b

Mar 31 2019₹150m₹18m

₹2b

Dec 31 2018n/an/a

₹2b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹1b

Mar 31 2018₹112m₹18m

₹1b

Compensation vs Market: Krishna's total compensation ($USD3.72M) is above average for companies of similar size in the Indian market ($USD474.49K).

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

CEO

Krishna Chigurupati (70 yo)

2.9yrs

Tenure

₹316,370,000

Compensation

Dr. Krishna Prasad Chigurupati, B.Sc. had been Managing Director of Granules India Limited since September 1, 2009. He serves as Chairman of Granules India Limited and has been its Non-Independent Executiv...

Leadership Team

NamePositionTenureCompensationOwnership
Krishna Chigurupati
Chairman & MD2.9yrs₹316.37m32.45%
₹ 46.9b
Kandiraju Venkata Sita Rao
Joint MD2.9yrs₹96.55mno data
Harsha Chigurupati
Executive Directorno data₹31.64mno data
Sanjay Kumar
President and Chief Strategy & Sustainability Officer1.9yrsno datano data
Mukesh Surana
Chief Financial Officer1.9yrsno datano data
Sethu Sankaran
Senior Vice President of API Manufacturing & Operationsless than a yearno datano data
P. Srinivas
Chief Technology Officer2yrsno datano data
Chaitanya Tummala
Company Secretary & Compliance Officer10.4yrs₹7.89mno data
Atul Dhavle
Chief Human Resources Officerless than a yearno datano data
Priyanka Chigurupati
Whole-Time Directorless than a year₹9.65m0.75%
₹ 1.1b
Ramraj Rangarajulu
President and Head - Formulations Operationsless than a yearno datano data
G. Prashanth
Senior VP & Head Corporate Quality5.2yrsno datano data

1.9yrs

Average Tenure

56yo

Average Age

Experienced Management: 532482's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Krishna Chigurupati
Chairman & MD30.3yrs₹316.37m32.45%
₹ 46.9b
Kandiraju Venkata Sita Rao
Joint MD2.9yrs₹96.55mno data
Harsha Chigurupati
Executive Director14.4yrs₹31.64mno data
Priyanka Chigurupati
Whole-Time Directorless than a year₹9.65m0.75%
₹ 1.1b
Saumen Chakraborty
Additional Non-Executive Independent Director3yrs₹3.70mno data
Arun Sawhney
Lead Independent Director6.2yrs₹4.16mno data
Sethurathnam Ravi
Non-Executive Independent Directorless than a year₹630.00kno data
Kapil Mehan
Independent Director1.6yrs₹3.06mno data
Rajiv Kakodkar
Non-Executive Independent Directorless than a year₹400.00k0.0025%
₹ 3.6m
Uma Chigurupati
Non-Independent Executive Director12.6yrs₹31.64m3.81%
₹ 5.5b
Kolli Rao
Non-Executive Non-Independent Director11.8yrs₹3.83m1.2%
₹ 1.7b
Sucharita Palepu
Additional Non-Executive Independent Director3yrs₹3.36mno data

3.0yrs

Average Tenure

65yo

Average Age

Experienced Board: 532482's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 14:06
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Granules India Limited is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harith AhamedAvendus Spark
Cyndrella CarvalhoCentrum Broking Limited
Rashmi Sancheti ShettyCGS International