Mercury Laboratories Limited

BSE:538964 Stock Report

Market Cap: ₹1.2b

Mercury Laboratories Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Rajendra Shah

Chief executive officer

₹1.9m

Total compensation

CEO salary percentage69.9%
CEO tenure42.8yrs
CEO ownership24.6%
Management average tenure1.4yrs
Board average tenure8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajendra Shah's remuneration changed compared to Mercury Laboratories's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹50m

Mar 31 2024₹2m₹1m

₹57m

Dec 31 2023n/an/a

₹41m

Sep 30 2023n/an/a

₹35m

Jun 30 2023n/an/a

₹51m

Mar 31 2023₹2m₹1m

₹56m

Dec 31 2022n/an/a

₹62m

Sep 30 2022n/an/a

₹61m

Jun 30 2022n/an/a

₹39m

Mar 31 2022₹2m₹1m

₹36m

Dec 31 2021n/an/a

₹34m

Sep 30 2021n/an/a

₹49m

Jun 30 2021n/an/a

₹56m

Mar 31 2021₹2m₹1m

₹53m

Dec 31 2020n/an/a

₹43m

Sep 30 2020n/an/a

₹38m

Jun 30 2020n/an/a

₹32m

Mar 31 2020₹2m₹1m

₹32m

Dec 31 2019n/an/a

₹38m

Sep 30 2019n/an/a

₹33m

Jun 30 2019n/an/a

₹30m

Mar 31 2019₹2m₹2m

₹28m

Dec 31 2018n/an/a

₹30m

Sep 30 2018n/an/a

₹33m

Jun 30 2018n/an/a

₹42m

Mar 31 2018₹2m₹2m

₹20m

Compensation vs Market: Rajendra's total compensation ($USD22.19K) is below average for companies of similar size in the Indian market ($USD42.81K).

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

CEO

Rajendra Shah (72 yo)

42.8yrs

Tenure

₹1,866,000

Compensation

Mr. Rajendra Ramanlal Shah has been the Managing Director of Mercury Laboratories Limited since March 31, 1992 and serves as its Chief Executive Officer and served as its Chairman of the Board until Februa...

Leadership Team

NamePositionTenureCompensationOwnership
Rajendra Shah
CEO, MD & Directorno data₹1.87m24.56%
₹ 282.8m
Ashish Vasavada
Chief Financial Officer3.1yrs₹1.43mno data
Saurabh Mittal
Chief Operating Officerless than a year₹3.62mno data
Krishna Shah
Company Secretary & Compliance Officer2.8yrs₹403.00kno data
Paresh Mistry
Non Executive Non Independent Director & MD of Purchaseno data₹1.44mno data
Mukesh Shrivastava
Vice President of Marketing & Salesno datano datano data
Kinjal Upadhyay
HR Manager1.3yrsno datano data
Jagdish Patil
Head of Injectable Production Departmentless than a yearno datano data
Sandip Patel
Plant Head of Liquid & Tablet1.5yrsno datano data
Shilpi Bhatnagar
Quality Assurance Headno datano datano data

1.4yrs

Average Tenure

54yo

Average Age

Experienced Management: 538964's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Rajendra Shah
CEO, MD & Director42.8yrs₹1.87m24.56%
₹ 282.8m
Paresh Mistry
Non Executive Non Independent Director & MD of Purchase7.1yrs₹1.44mno data
Dilipbhai Shah
Non-Executive Non Independent Director42.8yrs₹29.00k34.24%
₹ 394.3m
Bharat Mehta
Non-Executive Independent Chairman9.5yrs₹47.00kno data
Janki Shah
Non Executive Non Independent Director4.8yrs₹27.00k8.67%
₹ 99.8m
Jayantilal Raval
Non-Executive Independent Directorless than a yearno datano data

8.3yrs

Average Tenure

70.5yo

Average Age

Experienced Board: 538964's board of directors are considered experienced (8.3 years average tenure).