Hikal Management

Management criteria checks 2/4

Hikal's CEO is Sameer Hiremath, appointed in Nov 2011, has a tenure of 13.08 years. total yearly compensation is ₹47.90M, comprised of 93.7% salary and 6.3% bonuses, including company stock and options. directly owns 0.47% of the company’s shares, worth ₹219.16M. The average tenure of the management team and the board of directors is 3.9 years and 2.1 years respectively.

Key information

Sameer Hiremath

Chief executive officer

₹47.9m

Total compensation

CEO salary percentage93.7%
CEO tenure13.1yrs
CEO ownership0.5%
Management average tenure3.9yrs
Board average tenure2.1yrs

Recent management updates

We Think Hikal Limited's (NSE:HIKAL) CEO Compensation Package Needs To Be Put Under A Microscope

Sep 11
We Think Hikal Limited's (NSE:HIKAL) CEO Compensation Package Needs To Be Put Under A Microscope

Recent updates

Hikal Limited (NSE:HIKAL) Analysts Are Pretty Bullish On The Stock After Recent Results

Nov 15
Hikal Limited (NSE:HIKAL) Analysts Are Pretty Bullish On The Stock After Recent Results

Earnings Tell The Story For Hikal Limited (NSE:HIKAL) As Its Stock Soars 27%

Sep 13
Earnings Tell The Story For Hikal Limited (NSE:HIKAL) As Its Stock Soars 27%

We Think Hikal Limited's (NSE:HIKAL) CEO Compensation Package Needs To Be Put Under A Microscope

Sep 11
We Think Hikal Limited's (NSE:HIKAL) CEO Compensation Package Needs To Be Put Under A Microscope

Hikal Limited's (NSE:HIKAL) Popularity With Investors Is Clear

Jun 12
Hikal Limited's (NSE:HIKAL) Popularity With Investors Is Clear

A Look At The Fair Value Of Hikal Limited (NSE:HIKAL)

Jun 03
A Look At The Fair Value Of Hikal Limited (NSE:HIKAL)

Is Hikal (NSE:HIKAL) Using Too Much Debt?

Mar 28
Is Hikal (NSE:HIKAL) Using Too Much Debt?

Hikal (NSE:HIKAL) Is Reducing Its Dividend To ₹0.60

Feb 07
Hikal (NSE:HIKAL) Is Reducing Its Dividend To ₹0.60

A Look At The Fair Value Of Hikal Limited (NSE:HIKAL)

Dec 08
A Look At The Fair Value Of Hikal Limited (NSE:HIKAL)

Increases to CEO Compensation Might Be Put On Hold For Now at Hikal Limited (NSE:HIKAL)

Sep 16
Increases to CEO Compensation Might Be Put On Hold For Now at Hikal Limited (NSE:HIKAL)

Calculating The Fair Value Of Hikal Limited (NSE:HIKAL)

Mar 18
Calculating The Fair Value Of Hikal Limited (NSE:HIKAL)

Hikal (NSE:HIKAL) Is Increasing Its Dividend To ₹1.20

Feb 16
Hikal (NSE:HIKAL) Is Increasing Its Dividend To ₹1.20

Is Hikal (NSE:HIKAL) Using Too Much Debt?

Jan 13
Is Hikal (NSE:HIKAL) Using Too Much Debt?

With EPS Growth And More, Hikal (NSE:HIKAL) Is Interesting

Jun 01
With EPS Growth And More, Hikal (NSE:HIKAL) Is Interesting

We Think Hikal (NSE:HIKAL) Can Stay On Top Of Its Debt

May 17
We Think Hikal (NSE:HIKAL) Can Stay On Top Of Its Debt

An Intrinsic Calculation For Hikal Limited (NSE:HIKAL) Suggests It's 25% Undervalued

Mar 23
An Intrinsic Calculation For Hikal Limited (NSE:HIKAL) Suggests It's 25% Undervalued

Does Hikal Limited (NSE:HIKAL) Have A Place In Your Dividend Portfolio?

Mar 10
Does Hikal Limited (NSE:HIKAL) Have A Place In Your Dividend Portfolio?

If You Like EPS Growth Then Check Out Hikal (NSE:HIKAL) Before It's Too Late

Feb 23
If You Like EPS Growth Then Check Out Hikal (NSE:HIKAL) Before It's Too Late

CEO Compensation Analysis

How has Sameer Hiremath's remuneration changed compared to Hikal's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹736m

Jun 30 2024n/an/a

₹678m

Mar 31 2024₹48m₹45m

₹696m

Dec 31 2023n/an/a

₹716m

Sep 30 2023n/an/a

₹819m

Jun 30 2023n/an/a

₹942m

Mar 31 2023₹42m₹42m

₹784m

Dec 31 2022n/an/a

₹631m

Sep 30 2022n/an/a

₹819m

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹59m₹36m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹46m₹25m

₹1b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹948m

Jun 30 2020n/an/a

₹742m

Mar 31 2020₹35m₹22m

₹844m

Dec 31 2019n/an/a

₹933m

Sep 30 2019n/an/a

₹943m

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹37m₹22m

₹1b

Mar 31 2018₹29m₹17m

₹772m

Compensation vs Market: Sameer's total compensation ($USD563.78K) is above average for companies of similar size in the Indian market ($USD264.41K).

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


CEO

Sameer Hiremath (50 yo)

13.1yrs

Tenure

₹47,900,000

Compensation

Mr. Sameer jai Hiremath has been Managing Director of Hikal Limited since September 02, 2021. He served as joint Managing Director of Hikal Limited since November 10, 2011 until September 02, 2021 and serv...


Leadership Team

NamePositionTenureCompensationOwnership
Jai Hiremath
Founder & Executive Chairman6.7yrs₹52.83m1.17%
₹ 545.8m
Sameer Hiremath
MD & Executive Director13.1yrs₹47.90m0.47%
₹ 219.2m
Rajasekhar Chintakindi
Company Secretary & Compliance Officer4.3yrs₹11.54mno data
Anish Swadi
Senior President of Animal Health & Business Transformationno data₹35.38m0.0061%
₹ 2.8m
Kuldeep Jain
Chief Financial Officer4.1yrs₹14.38mno data
Dharmesh Panchal
Chief Technology Officerless than a yearno datano data
Ratish Jha
President of Human Resources3.2yrsno datano data
Manoj Mehrotra
President of Pharmaceuticals Businessno datano datano data
T. Devanathan
Head of IP & Qualityno datano datano data
Vimal Kulshrestha
President of Crop Protection3.9yrsno datano data
Mansukh Patel
Head of Sustainability & Corporate EHSno datano datano data
Sarangan Suresh
Whole Time Directorless than a yearno datano data

3.9yrs

Average Tenure

61yo

Average Age

Experienced Management: HIKAL's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jai Hiremath
Founder & Executive Chairman6.7yrs₹52.83m1.17%
₹ 545.8m
Sameer Hiremath
MD & Executive Directorno data₹47.90m0.47%
₹ 219.2m
Sarangan Suresh
Whole Time Directorless than a yearno datano data
Amit Kalyani
Non-Executive Director12.8yrs₹1.29mno data
Ranjana Salgaocar
Independent Directorless than a year₹110.00kno data
Sugandha Hiremath
Non-Executive Director32.8yrs₹1.99m7.84%
₹ 3.7b
Berjis Desai
Independent Director1.2yrs₹500.00kno data
Vinnakota Kaundinya
Independent Director1.2yrs₹800.00kno data
Shivani Sachdeva
Independent Non-Executive Director5.3yrs₹1.89mno data
Shrikrishna Adivarekar
Independent Non-Executive Director3yrs₹1.49mno data
Ravi Kapoor
Independent Directorless than a year₹430.00k0.014%
₹ 6.4m

2.1yrs

Average Tenure

63yo

Average Age

Experienced Board: HIKAL's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:54
End of Day Share Price 2024/12/20 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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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

Hikal Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rohit BhatBatlivala & Karani Securities India Pvt. Ltd.
Kameswari V. S. ChavaliFirstCall Research
Siddhant KhandekarICICIdirect.com