Simplex Realty Management

Management criteria checks 2/4

Simplex Realty's CEO is Nandan Damani, appointed in Jun 2006, has a tenure of 18.08 years. directly owns 5.94% of the company’s shares, worth ₹29.62M. The average tenure of the management team and the board of directors is 0.7 years and 7.7 years respectively.

Key information

Nandan Damani

Chief executive officer

₹6.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	18.1yrs
CEO ownership	5.9%
Management average tenure	less than a year
Board average tenure	7.7yrs

Recent management updates

Recent updates

CEO

Nandan Damani (72 yo)

18.1yrs

Tenure

₹6,093,000

Compensation

Mr. Nandan Surajratan Damani serves as Non-Executive Independent Director at The Indian Hume Pipe Company Limited since August 01, 2023. He has been Managing Director of Simplex Realty Limited since June 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nandan Damani	Chairman & MD	18.1yrs	₹6.09m	5.94% ₹ 29.6m
Sanjay Damani	Executive Director	no data	₹1.20m	2.58% ₹ 12.9m
Sandhya Kini	Whole-Time Director	no data	₹696.00k	no data
Jaimin Desai	Chief Financial Officer	less than a year	no data	no data
Ipshita Dube	Company Secretary & Compliance Officer	less than a year	no data	no data

0.7yrs

Average Tenure

55yo

Average Age

Experienced Management: 503229's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Nandan Damani	Chairman & MD	46.9yrs	₹6.09m	5.94% ₹ 29.6m
Sanjay Damani	Executive Director	12.2yrs	₹1.20m	2.58% ₹ 12.9m
Sandhya Kini	Whole-Time Director	7.8yrs	₹696.00k	no data
Surendra Kumar Somany	Independent Non-Executive Director	32.7yrs	₹140.00k	0.030% ₹ 150.1k
Navratan Damani	Non-Executive Independent Director	less than a year	no data	no data
Vijay Jindal	Independent Non-Executive Director	9.7yrs	₹30.00k	no data
Praveen Kumar	Non-Executive Non-Independent Director	2.2yrs	₹40.00k	no data
Sabhapati Shukla	Non-Executive Independent Director	7.7yrs	₹140.00k	0.0045% ₹ 22.5k
Anil Lohia	Non-Executive Independent Director	less than a year	no data	no data
Satyan Israni	Non-Executive Independent Director	less than a year	no data	no data

7.7yrs

Average Tenure

62yo

Average Age

Experienced Board: 503229's board of directors are considered experienced (7.7 years average tenure).

Simplex Realty Management

Management criteria checks 2/4

Key information

Recent management updates

Simplex Realty Limited, Annual General Meeting, Aug 07, 2024

Simplex Realty Limited Appoints Ipshita Rohit Dube as Company Secretary, Compliance Officer and Key Managerial Personnel

Simplex Realty Limited Approves Board Changes

Simplex Realty Limited Announces Resignation of Kinjal P Shah as Company Secretary and Compliance Officer, Effective 25 January 2024

Simplex Realty Limited Appoints Jaimin Desai as Chief Financial Officer

Simplex Realty Limited Announces Resignation of Surendra Kabra as Chief Financial Officer, Effective August 7, 2023

Recent updates

Upcoming dividend of ₹1.00 per share

Simplex Realty Limited to Report Q1, 2025 Results on Aug 07, 2024

Dividend of ₹1.00 announced

Simplex Realty Limited, Annual General Meeting, Aug 07, 2024

Full year 2024 earnings released: EPS: ₹17.09 (vs ₹4.24 in FY 2023)

Simplex Realty Limited to Report Q4, 2024 Results on May 21, 2024

New minor risk - Share price stability

Simplex Realty Limited Appoints Ipshita Rohit Dube as Company Secretary, Compliance Officer and Key Managerial Personnel

Investor sentiment deteriorates as stock falls 26%

Third quarter 2024 earnings released: EPS: ₹1.74 (vs ₹0.15 in 3Q 2023)

Simplex Realty Limited Approves Board Changes

Simplex Realty Limited to Report Q3, 2024 Results on Jan 24, 2024

Investor sentiment improves as stock rises 17%

Simplex Realty Limited Announces Resignation of Kinjal P Shah as Company Secretary and Compliance Officer, Effective 25 January 2024

Second quarter 2024 earnings released: EPS: ₹0.18 (vs ₹0.91 in 2Q 2023)

Simplex Realty Limited Appoints Jaimin Desai as Chief Financial Officer

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 25%

Simplex Realty Limited to Report Q2, 2024 Results on Nov 02, 2023

Simplex Realty Limited Approves Dividend for the Financial Year 2022-23

New minor risk - Earnings quality

Simplex Realty Limited Announces Resignation of Surendra Kabra as Chief Financial Officer, Effective August 7, 2023

Upcoming dividend of ₹1.00 per share at 1.2% yield

Simplex Realty Limited to Report Q1, 2023 Results on Aug 03, 2023

Full year 2023 earnings released: EPS: ₹4.24 (vs ₹5.93 in FY 2022)

New major risk - Share price stability

Full year 2023 earnings released: EPS: ₹4.24 (vs ₹5.93 in FY 2022)

Simplex Realty Limited, Annual General Meeting, Aug 02, 2023

Investor sentiment improves as stock rises 17%

Third quarter 2023 earnings released: EPS: ₹0.15 (vs ₹0.84 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ₹0.91 (vs ₹1.67 in 2Q 2022)

Insufficient new directors

Simplex Realty Limited to Report Q2, 2023 Results on Nov 12, 2022

Simplex Realty Limited to Report Q1, 2023 Results on Aug 08, 2022

Upcoming dividend of ₹1.00 per share

Full year 2022 earnings released: EPS: ₹5.93 (vs ₹1.85 in FY 2021)

Full year 2022 earnings released: EPS: ₹5.93 (vs ₹1.85 in FY 2021)

Simplex Realty Limited, Annual General Meeting, Aug 03, 2022

Simplex Realty Limited Announces Resignation of Renu Jain as Non- Executive Director

Simplex Realty Limited to Report Q4, 2022 Results on May 25, 2022

Insufficient new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Simplex Realty Limited Appoints Mrs. Kinjal P Shah as the Company Secretary and Compliance Officer

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Insufficient new directors

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS ₹1.67 (vs ₹1.73 loss in 2Q 2021)

Investor sentiment improved over the past week

Company Secretary & Compliance Officer Paras Shah has left the company

Full year 2021 earnings released: EPS ₹1.85 (vs ₹1.12 in FY 2020)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹1.85 (vs ₹1.12 in FY 2020)

Third quarter 2021 earnings released: EPS ₹0.85 (vs ₹3.46 in 3Q 2020)

New 90-day high: ₹54.95

Simplex Realty Limited to Report Q3, 2021 Results on Feb 03, 2021

New 90-day high: ₹54.85

Investor sentiment improved over the past week

New 90-day high: ₹48.30

First half earnings released

Simplex Realty Limited to Report Q2, 2021 Results on Oct 20, 2020

New 90-day high - ₹45.25

New 90-day high - ₹39.35

Simplex Realty Limited to Report Q1, 2021 Results on Jul 30, 2020

CEO

Tenure

Compensation

Leadership Team