Puravankara Management

Management criteria checks 3/4

Puravankara's CEO is Abhishek Kapoor, appointed in Aug 2021, has a tenure of 2.67 years. total yearly compensation is ₹38.32M, comprised of 99.9% salary and 0.05% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth ₹1.25M. The average tenure of the management team and the board of directors is 3 years and 4 years respectively.

Key information

Abhishek Kapoor

Chief executive officer

₹38.3m

Total compensation

CEO salary percentage	99.9%
CEO tenure	2.7yrs
CEO ownership	0.001%
Management average tenure	3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Abhishek Kapoor's remuneration changed compared to Puravankara's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹755m
Sep 30 2023	n/a	n/a	₹201m
Jun 30 2023	n/a	n/a	₹110m
Mar 31 2023	₹38m	₹38m	₹665m
Dec 31 2022	n/a	n/a	₹197m
Sep 30 2022	n/a	n/a	-₹15m
Jun 30 2022	n/a	n/a	₹263m
Mar 31 2022	₹28m	₹28m	₹1b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹2b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹23m	n/a	-₹40m

Compensation vs Market: Abhishek's total compensation ($USD459.35K) is about average for companies of similar size in the Indian market ($USD381.33K).

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

CEO

Abhishek Kapoor (48 yo)

2.7yrs

Tenure

₹38,321,000

Compensation

Mr. Abhishek Nirankar Kapoor has been Chief Financial Officer, Group Chief Executive Officer and Additional Executive Director at Puravankara Limited since August 13, 2021 and served as its Chief Operating...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ravi Puravankara	Founder & Chairman	38.1yrs	no data	75% ₹ 73.7b
Abhishek Kapoor	CFO, Group CEO & Executive Director	2.7yrs	₹38.32m	0.0013% ₹ 1.2m
Sanjay Sharma	President of Technical	5.6yrs	₹17.70m	no data
Ashish Puravankara	MD & Whole Time Director	2.7yrs	₹29.12m	0.0020% ₹ 2.0m
H. Moorthi	Senior Vice President of Properties Risk & Control	no data	₹11.90m	no data
D. Patil	President of BD & LA	no data	₹14.10m	no data
Abbasali Ookabhoy	President of Design	3.3yrs	₹11.00m	no data
Praveer Gill	Executive Vice President of Purva Land	no data	₹10.90m	no data
P. Kumar	Senior Vice President of Human Capital & Administration	21.4yrs	no data	no data
K. Bhuvanendra	Senior Vice President - Legal	no data	₹251.20k	no data
Sudip Chatterjee	Company Secretary & Compliance Officer	less than a year	no data	no data
Minol Ajekar	Head of Corporate Communication	no data	no data	no data

3.0yrs

Average Tenure

58yo

Average Age

Experienced Management: 532891's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ravi Puravankara	Founder & Chairman	38.1yrs	no data	75% ₹ 73.7b
Abhishek Kapoor	CFO, Group CEO & Executive Director	2.7yrs	₹38.32m	0.0013% ₹ 1.2m
Ashish Puravankara	MD & Whole Time Director	23.8yrs	₹29.12m	0.0020% ₹ 2.0m
Kulumani Krishnamurthy	Non-Executive Independent Director	2.8yrs	₹1.70m	no data
Anup Sanmukh	Non-Executive Independent Director	4.8yrs	₹1.76m	no data
Shailaja Jha	Non-Executive Independent Woman Director	3.2yrs	₹1.75m	no data

4.0yrs

Average Tenure

66yo

Average Age

Experienced Board: 532891's board of directors are considered experienced (4 years average tenure).

Puravankara Management

Management criteria checks 3/4

Key information

Recent management updates

Puravankara Limited Announces Resignation of Nani R Choksey, Executive Director

Less than half of directors are independent

Puravankara Limited Announces Resignation of Sanjeeb Chaudhuri as Independent Director

Puravankara Limited, Annual General Meeting, Sep 29, 2023

Puravankara Limited Announces Appointment of Sudip Chatterjee as Company Secretary and Compliance Office

Puravankara Limited Announces Resignation of Ms. Bindu D as Company Secretary and Compliance Officer

Recent updates

Now 32% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 23%

Now 22% undervalued after recent price drop

Puravankara Limited Announces Resignation of Nani R Choksey, Executive Director

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Third quarter 2024 earnings released: EPS: ₹3.29 (vs ₹0.95 in 3Q 2023)

Puravankara Limited Launches New `Wellness' Themed Plotted Development Project in Guduvancheri, Chennai

Puravankara Limited to Report Q3, 2024 Results on Jan 23, 2024

Less than half of directors are independent

Puravankara Limited Announces Resignation of Sanjeeb Chaudhuri as Independent Director

New minor risk - Share price stability

Now 23% undervalued

Second quarter 2024 earnings released: ₹0.47 loss per share (vs ₹0.72 loss in 2Q 2023)

New minor risk - Share price stability

Price target increased by 40% to ₹148

Puravankara Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: ₹0.75 loss per share (vs ₹1.45 profit in 1Q 2023)

Puravankara Limited to Report Q1, 2024 Results on Aug 11, 2023

Puravankara Limited Announces Appointment of Sudip Chatterjee as Company Secretary and Compliance Office

Puravankara Limited to Report Q4, 2023 Results on May 26, 2023

Investor sentiment deteriorates as stock falls 16%

Third quarter 2023 earnings released: EPS: ₹0.95 (vs ₹0.05 in 3Q 2022)

Puravankara Limited to Report Q3, 2023 Results on Feb 10, 2023

Puravankara Limited Announces Pre-Launch of Lakevista At Purva Windermere in Chennai

Puravankara Limited Announces Resignation of Ms. Bindu D as Company Secretary and Compliance Officer

Puravankara Limited (NSEI:PURVA) agreed to acquire 68.26% stake in Ghar Realty LLP.

Second quarter 2023 earnings released: ₹0.72 loss per share (vs ₹0.51 profit in 2Q 2022)

Puravankara Limited Approves Dividend

Puravankara Limited Proposes Final Dividend for the Year Ended March 31, 2022

First quarter 2023 earnings released: EPS: ₹1.45 (vs ₹6.50 in 1Q 2022)

Puravankara Limited to Report Q1, 2023 Results on Aug 11, 2022

Investor sentiment improved over the past week

Keppel Investment (Mauritius) Pte Ltd. completed the acquisition of a 49% stake in Bangalore Tower Private Limited from Puravankara Limited (BSE:532891) on June 28, 2022.

Full year 2022 earnings released: EPS: ₹6.22 (vs ₹0.20 loss in FY 2021)

Puravankara Limited Recommends Final Dividend for the Year Ended March 31, 2022

Puravankara Limited to Report Q4, 2022 Results on May 27, 2022

High number of new directors

Investor sentiment deteriorated over the past week

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

High number of new directors

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹0.51 (vs ₹0.41 loss in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Non-Executive Independent Director Pradeep Guha has left the company

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹6.50 (vs ₹0.71 loss in 1Q 2021)

Puravankara Limited (BSE:532891) and Provident Housing Limited completed the acquisition of MAP Capital Pty Ltd.

Full year 2021 earnings released: ₹0.20 loss per share (vs ₹3.73 profit in FY 2020)

Puravankara Limited (BSE:532891) proposes to acquire MAP Capital Pty Ltd. for INR 0.2 million.

GBTC II Asset A Pte. Ltd. completed the acquisition of Vagishwari Land Developers Private Limited from Puravankara Limited (BSE:532891).

GBTC II Asset A Pte. Ltd. completed the acquisition of Vagishwari Land Developers Private Limited from Puravankara Limited (BSE:532891).

An unknown buyer entered into an agreement to acquire Vagishwari Land Developers Private Limited from Puravankara Limited (BSE:532891) for approximately INR 5 billion.

Chief Financial Officer has left the company

Puravankara Limited Appoints Shailaja Jha as Additional Director

Third quarter 2021 earnings released: EPS ₹0.56 (vs ₹0.68 in 3Q 2020)

Puravankara Limited Announces Executive Changes

Puravankara Limited to Report Q3, 2021 Results on Feb 11, 2021

Puravankara Limited Announces Resignation of Sonali Rastogi as Non-Executive Independent Director

Puravankara Limited Announces Resignation of Sonali Rastogi, Non-Executive Independent Director

New 90-day high: ₹77.35

IFC Emerging Asia Fund Partners with the Puravankara Group

Market bids up stock over the past week

New 90-day high: ₹53.75

Puravankara Limited to Report Q2, 2021 Results on Nov 13, 2020