Lyka Labs Management
Management criteria checks 1/4
Lyka Labs' CEO is Kunal Gandhi, appointed in Jul 2019, has a tenure of 4.83 years. total yearly compensation is ₹15.18M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 7.33% of the company’s shares, worth ₹296.34M. The average tenure of the management team and the board of directors is 4.8 years and 1.8 years respectively.
Key information
Kunal Gandhi
Chief executive officer
₹15.2m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.8yrs |
| CEO ownership | 7.3% |
| Management average tenure | 4.8yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Getting In Cheap On Lyka Labs Limited (NSE:LYKALABS) Is Unlikely
Apr 10
Subdued Growth No Barrier To Lyka Labs Limited's (NSE:LYKALABS) Price
Jan 05We Think Lyka Labs (NSE:LYKALABS) Has A Fair Chunk Of Debt
Nov 21These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Extensively
Jun 08A Look At The Fair Value Of Lyka Labs Limited (NSE:LYKALABS)
Mar 15Unpleasant Surprises Could Be In Store For Lyka Labs Limited's (NSE:LYKALABS) Shares
Aug 25Is Lyka Labs (NSE:LYKALABS) A Risky Investment?
Jun 11These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Reasonably Well
Feb 21Statutory Profit Doesn't Reflect How Good Lyka Labs' (NSE:LYKALABS) Earnings Are
Nov 05These 4 Measures Indicate That Lyka Labs (NSE:LYKALABS) Is Using Debt Reasonably Well
Nov 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -₹37m |
| Sep 30 2023 | n/a | n/a | -₹159m |
| Jun 30 2023 | n/a | n/a | -₹158m |
| Mar 31 2023 | ₹15m | ₹15m | -₹133m |
| Dec 31 2022 | n/a | n/a | -₹254m |
| Sep 30 2022 | n/a | n/a | -₹89m |
| Jun 30 2022 | n/a | n/a | ₹199m |
| Mar 31 2022 | ₹9m | ₹9m | ₹389m |
| Dec 31 2021 | n/a | n/a | ₹551m |
| Sep 30 2021 | n/a | n/a | ₹467m |
| Jun 30 2021 | n/a | n/a | ₹126m |
| Mar 31 2021 | ₹8m | ₹8m | -₹117m |
| Dec 31 2020 | n/a | n/a | -₹258m |
| Sep 30 2020 | n/a | n/a | -₹647m |
| Jun 30 2020 | n/a | n/a | -₹620m |
| Mar 31 2020 | ₹8m | ₹8m | -₹606m |
| Dec 31 2019 | n/a | n/a | -₹399m |
| Sep 30 2019 | n/a | n/a | -₹18m |
| Jun 30 2019 | n/a | n/a | -₹37m |
| Mar 31 2019 | ₹5m | ₹4m | -₹57m |
| Mar 31 2018 | ₹4m | ₹3m | -₹173m |
Compensation vs Market: Kunal's total compensation ($USD182.12K) is above average for companies of similar size in the Indian market ($USD39.29K).
Compensation vs Earnings: Kunal's compensation has increased whilst the company is unprofitable.
CEO
Kunal Gandhi (36 yo)
4.8yrs
Tenure
₹15,180,769
Compensation
Mr. Kunal Narendra Gandhi has been Director at Lyka Labs Limited since February 12, 2019 and serves as Managing Director since July 11, 2019 and also serves as its Chief Executive Officer and served as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 4.8yrs | ₹15.18m | 7.33% ₹ 296.3m | |
| CFO & Executive Director | 9.8yrs | ₹2.08m | 0.0032% ₹ 128.2k | |
| Company Secretary & Compliance Officer | 1.5yrs | no data | no data |
4.8yrs
Average Tenure
Experienced Management: LYKALABS's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 5.3yrs | ₹15.18m | 7.33% ₹ 296.3m | |
| CFO & Executive Director | 4.3yrs | ₹2.08m | 0.0032% ₹ 128.2k | |
| Non-Executive Director | 1.8yrs | ₹180.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Additional Independent Non-Executive Director | 2.8yrs | ₹270.00k | 0% ₹ 0 | |
| Non-Executive Director | 1.8yrs | ₹150.00k | no data | |
| Independent Chairman of the Board | 1.8yrs | ₹210.00k | no data |
1.8yrs
Average Tenure
51.5yo
Average Age
Experienced Board: LYKALABS's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.