Syncom Formulations (India) Limited

NSEI:SYNCOMF Stock Report

Market Cap: ₹20.0b

Syncom Formulations (India) Management

Management criteria checks 3/4

Syncom Formulations (India)'s CEO is Vijay Bankda, appointed in Dec 2004, has a tenure of 19.92 years. total yearly compensation is ₹8.66M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 11.77% of the company’s shares, worth ₹2.36B. The average tenure of the management team and the board of directors is 10.6 years and 6.3 years respectively.

Key information

Vijay Bankda

Chief executive officer

₹8.7m

Total compensation

CEO salary percentage100.0%
CEO tenure19.9yrs
CEO ownership11.8%
Management average tenure10.6yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Aug 30
Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Jul 16
Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Some Syncom Formulations (India) Limited (NSE:SYNCOMF) Shareholders Look For Exit As Shares Take 28% Pounding

Mar 21
Some Syncom Formulations (India) Limited (NSE:SYNCOMF) Shareholders Look For Exit As Shares Take 28% Pounding

Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Dec 29
Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings

Syncom Formulations (India) Limited's (NSE:SYNCOMF) Shares Climb 26% But Its Business Is Yet to Catch Up

Dec 27
Syncom Formulations (India) Limited's (NSE:SYNCOMF) Shares Climb 26% But Its Business Is Yet to Catch Up

CEO Compensation Analysis

How has Vijay Bankda's remuneration changed compared to Syncom Formulations (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹286m

Mar 31 2024₹9m₹9m

₹253m

Dec 31 2023n/an/a

₹264m

Sep 30 2023n/an/a

₹235m

Jun 30 2023n/an/a

₹206m

Mar 31 2023₹5m₹5m

₹201m

Dec 31 2022n/an/a

₹164m

Sep 30 2022n/an/a

₹162m

Jun 30 2022n/an/a

₹183m

Mar 31 2022₹6m₹6m

₹198m

Dec 31 2021n/an/a

₹220m

Sep 30 2021n/an/a

₹280m

Jun 30 2021n/an/a

₹316m

Mar 31 2021₹6m₹6m

₹292m

Dec 31 2020n/an/a

₹257m

Sep 30 2020n/an/a

₹192m

Jun 30 2020n/an/a

₹143m

Mar 31 2020₹2m₹2m

₹143m

Dec 31 2019n/an/a

₹130m

Sep 30 2019n/an/a

₹133m

Jun 30 2019n/an/a

₹120m

Mar 31 2019₹2m₹1m

₹111m

Dec 31 2018n/an/a

₹106m

Sep 30 2018n/an/a

₹97m

Jun 30 2018n/an/a

₹87m

Mar 31 2018₹1m₹1m

₹86m

Compensation vs Market: Vijay's total compensation ($USD102.76K) is below average for companies of similar size in the Indian market ($USD179.68K).

Compensation vs Earnings: Vijay's compensation has increased by more than 20% in the past year.

CEO

Vijay Bankda (66 yo)

19.9yrs

Tenure

₹8,664,720

Compensation

Mr. Vijay Shankarlal Bankda, B. Com LLB, has been the Managing Director at Syncom Formulations India Ltd since December 2004. Mr. Bankda began his career in 1976 and has a valuable experience of more than...

Leadership Team

NamePositionTenureCompensationOwnership
Kedarmal Bankda
Executive Chairman & Whole- Time Director32.6yrs₹7.36m23.73%
₹ 4.7b
Vijay Bankda
MD and Executive & Non Independent Director19.9yrs₹8.66m11.77%
₹ 2.4b
Ankit Bankda
CFO & Compliance Officer10.6yrs₹2.56m4.99%
₹ 998.2m
Vaishali Agrawal
Company Secretary & Compliance Officer1.5yrs₹337.00kno data
Rakesh Srivastava
Chief Marketing Officerno data₹2.51mno data
Payal Bankda
Vice President of Human Resourcesno data₹2.52mno data
Rinki Bankda
Whole Time Director7yrs₹3.02m1.25%
₹ 249.5m
Ankur Bankda
President of Export Marketingno datano datano data
Rahul Bankda
President of Domestic Marketingno datano data0.018%
₹ 3.6m

10.6yrs

Average Tenure

41.5yo

Average Age

Experienced Management: SYNCOMF's management team is seasoned and experienced (10.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kedarmal Bankda
Executive Chairman & Whole- Time Director32.6yrs₹7.36m23.73%
₹ 4.7b
Vijay Bankda
MD and Executive & Non Independent Director24.9yrs₹8.66m11.77%
₹ 2.4b
Rinki Bankda
Whole Time Director10.3yrs₹3.02m1.25%
₹ 249.5m
Ruchi Jindal
Non-Executive Independent Woman Director2.4yrs₹20.00kno data
Ritesh Lunkad
Non-Executive Independent Director1.3yrs₹10.00kno data
Ankit Jain
Non-Executive Independent Director1.3yrs₹5.00kno data

6.3yrs

Average Tenure

43yo

Average Age

Experienced Board: SYNCOMF's board of directors are considered experienced (6.3 years average tenure).