Arihant Superstructures Management

Management criteria checks 4/4

Arihant Superstructures' CEO is Ashokkumar Chhajer, appointed in Apr 2011, has a tenure of 13.08 years. total yearly compensation is ₹7.28M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 44.68% of the company’s shares, worth ₹6.74B. The average tenure of the management team and the board of directors is 7 years and 4.3 years respectively.

Key information

Ashokkumar Chhajer

Chief executive officer

₹7.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	13.1yrs
CEO ownership	44.7%
Management average tenure	7yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashokkumar Chhajer's remuneration changed compared to Arihant Superstructures's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹460m
Sep 30 2023	n/a	n/a	₹493m
Jun 30 2023	n/a	n/a	₹457m
Mar 31 2023	₹7m	₹7m	₹427m
Dec 31 2022	n/a	n/a	₹418m
Sep 30 2022	n/a	n/a	₹394m
Jun 30 2022	n/a	n/a	₹421m
Mar 31 2022	₹7m	₹7m	₹414m
Dec 31 2021	n/a	n/a	₹451m
Sep 30 2021	n/a	n/a	₹349m
Jun 30 2021	n/a	n/a	₹252m
Mar 31 2021	₹4m	₹4m	₹112m
Dec 31 2020	n/a	n/a	₹33m
Sep 30 2020	n/a	n/a	₹32m
Jun 30 2020	n/a	n/a	-₹10m
Mar 31 2020	₹3m	₹3m	₹55m
Dec 31 2019	n/a	n/a	₹40m
Sep 30 2019	n/a	n/a	₹69m
Jun 30 2019	n/a	n/a	₹100m
Mar 31 2019	₹6m	₹6m	₹130m
Dec 31 2018	n/a	n/a	₹138m
Sep 30 2018	n/a	n/a	₹113m
Jun 30 2018	n/a	n/a	₹128m
Mar 31 2018	₹6m	₹6m	₹126m

Compensation vs Market: Ashokkumar's total compensation ($USD87.34K) is below average for companies of similar size in the Indian market ($USD191.92K).

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

CEO

Ashokkumar Chhajer (54 yo)

13.1yrs

Tenure

₹7,280,000

Compensation

Mr. Ashok Bhanwarlal Chhajer has been the Chairman and Managing Director of Arihant Superstructures Ltd. since April 01, 2011. Mr. Chhajer has been associated with the family businesses which are wide spre...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ashokkumar Chhajer	Executive Chairman & MD	13.1yrs	₹7.28m	44.68% ₹ 6.7b
Nimish Shah	Chief Project Officer & Whole-Time Executive Director	14.8yrs	₹6.10m	no data
Dhiraj Jopat	Chief Financial Officer	less than a year	no data	no data
Ravindra Parakh	Head of Accounts Department	no data	₹546.00k	no data
Tasneem Marfatia	Company Secretary & Compliance Officer	less than a year	no data	no data

7.0yrs

Average Tenure

49yo

Average Age

Experienced Management: 506194's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashokkumar Chhajer	Executive Chairman & MD	13.1yrs	₹7.28m	44.68% ₹ 6.7b
Nimish Shah	Chief Project Officer & Whole-Time Executive Director	14.1yrs	₹6.10m	no data
Raj Bhardwaj	Independent Director	6.8yrs	₹860.00k	no data
Akshay Agarwal	Director of Subsidiaries & Group Companies	no data	no data	no data
Parth Chhajer	Whole-time Director	1.8yrs	₹3.50m	14.78% ₹ 2.2b
Pramod Deshpande	Non-Executive Independent Director	less than a year	no data	no data
Namrata Thakker	Additional Non-Executive Woman Independent Director	less than a year	no data	no data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: 506194's board of directors are considered experienced (4.3 years average tenure).

Arihant Superstructures Management

Management criteria checks 4/4

Key information

Recent management updates

Arihant Superstructures Limited Appoints Namrata Thakker, as the Non-Executive Woman Independent Director

Arihant Superstructures Limited Appoints Namrata Thakker as the Additional Non-Executive Woman Independent Director

Arihant Superstructures Limited, Annual General Meeting, Sep 23, 2023

Arihant Superstructures Limited Appoints Pramod Deshpande as Additional Non-Executive Independent Director

Arihant Superstructures Limited Announces Resignation of Ms. Darshni Lakhani as Company Secretary and Compliance Officer (Key Managerial Personnel)

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 19%

Third quarter 2024 earnings released: EPS: ₹2.72 (vs ₹3.54 in 3Q 2023)

Investor sentiment improves as stock rises 21%

Investor sentiment improves as stock rises 17%

Arihant Superstructures Limited announced that it expects to receive INR 94.087098 million in funding

Arihant Superstructures Limited (BSE:506194) agreed to acquire Dwellcons Private Limited for INR 0.1 million.

Second quarter 2024 earnings released: EPS: ₹3.11 (vs ₹2.21 in 2Q 2023)

Investor sentiment improves as stock rises 21%

Arihant Superstructures Limited to Report Q2, 2024 Results on Nov 07, 2023

Arihant Superstructures Limited Appoints Namrata Thakker, as the Non-Executive Woman Independent Director

Upcoming dividend of ₹0.50 per share at 0.3% yield

Arihant Superstructures Limited to Report Q3, 2024 Results on Jan 20, 2024

Arihant Superstructures Limited Appoints Namrata Thakker as the Additional Non-Executive Woman Independent Director

First quarter 2024 earnings released: EPS: ₹2.85 (vs ₹2.12 in 1Q 2023)

Arihant Superstructures Limited, Annual General Meeting, Sep 23, 2023

Arihant Superstructures Limited Appoints Pramod Deshpande as Additional Non-Executive Independent Director

Arihant Superstructures Limited Announces Resignation of Ms. Darshni Lakhani as Company Secretary and Compliance Officer (Key Managerial Personnel)

Arihant Superstructures Limited to Report Q1, 2024 Results on Aug 10, 2023

Less than half of directors are independent

Full year 2023 earnings released: EPS: ₹7.63 (vs ₹10.04 in FY 2022)

Arihant Superstructures Limited Approves of Dhiraj Jopat as Chief Financial Officer

Arihant Superstructures Limited to Report Q4, 2023 Results on May 22, 2023

Third quarter 2023 earnings released: EPS: ₹3.54 (vs ₹2.95 in 3Q 2022)

Arihant Superstructures Limited to Report Q3, 2023 Results on Feb 04, 2023

Second quarter 2023 earnings released: EPS: ₹2.21 (vs ₹2.92 in 2Q 2022)

Arihant Superstructures Limited Appoints CS Darshni Lakhani as Company Secretary and Compliance Officer

Arihant Superstructures Limited Announces Resignation of Deepak Lohia as Chief Financial Officer

Arihant Superstructures Limited Announces the Resignation of Deepak Lohia as Chief Financial Officer

Investor sentiment improved over the past week

Arihant Superstructures Limited Announces Resignation of Divya Sameer Momaya as Independent Woman Director

Arihant Superstructures Limited Approves Resignation of Govind Rao as Company Secretary

First quarter 2023 earnings released: EPS: ₹2.12 (vs ₹1.90 in 1Q 2022)

Arihant Superstructures Limited, Annual General Meeting, Sep 20, 2022

Arihant Superstructures Limited to Report Q1, 2023 Results on Jul 23, 2022

Arihant Superstructures Limited Announces Resignation of Govind Rao, Company Secretary & Compliance Officer

Insider recently bought ₹8.6m worth of stock

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹10.02 (vs ₹2.71 in FY 2021)

Investor sentiment improved over the past week

Executive Chairman & MD recently bought ₹5.0m worth of stock

Arihant Superstructures Limited Announces Resignation of Deepak Lohia as Chief Financial Officer

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Second quarter 2022 earnings released: EPS ₹2.92 (vs ₹0.55 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹1.90 (vs ₹1.50 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹2.71 (vs ₹1.37 in FY 2020)

Arihant Superstructures Limited Successfully Digitally Launches Two New Projects

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹0.47

Arihant Superstructures Limited to Report Q3, 2021 Results on Jan 23, 2021

New 90-day high: ₹37.45

Investor sentiment improved over the past week

New 90-day high: ₹31.25

Market bids up stock over the past week

New 90-day high: ₹27.35

Market bids up stock over the past week

New 90-day low: ₹19.60

First half earnings released

Arihant Superstructures Limited to Report Q2, 2021 Results on Oct 21, 2020

Insider recently bought ₹338k worth of stock

Insider recently bought ₹113k worth of stock

Insider recently bought ₹119k worth of stock

CEO Compensation Analysis

CEO

Tenure