Jet Solar Limited

BSE:538794 Stock Report

Market Cap: ₹182.9m

Jet Solar Management

Management criteria checks 3/4

Jet Solar's CEO is Rajul Shah, appointed in Aug 2014, has a tenure of 11.33 years. total yearly compensation is ₹1.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 12.44% of the company’s shares, worth ₹22.76M. The average tenure of the management team and the board of directors is 11.4 years and 2.9 years respectively.

Key information

Rajul Shah

Chief executive officer

₹1.2m

Total compensation

CEO salary percentage100.00%
CEO tenure11.3yrs
CEO ownership12.4%
Management average tenure11.4yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajul Shah's remuneration changed compared to Jet Solar's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-₹1m

Jun 30 2025n/an/a

-₹523k

Mar 31 2025₹1m₹1m

₹404k

Dec 31 2024n/an/a

₹1m

Sep 30 2024n/an/a

₹2m

Jun 30 2024n/an/a

₹2m

Mar 31 2024₹1mn/a

₹595k

Dec 31 2023n/an/a

₹2m

Sep 30 2023n/an/a

₹3m

Jun 30 2023n/an/a

₹2m

Mar 31 2023₹3mn/a

₹562k

Dec 31 2022n/an/a

-₹671k

Sep 30 2022n/an/a

-₹2m

Jun 30 2022n/an/a

-₹747k

Mar 31 2022₹3mn/a

₹411k

Dec 31 2021n/an/a

-₹430k

Sep 30 2021n/an/a

-₹1m

Jun 30 2021n/an/a

-₹3m

Mar 31 2021₹3m₹3m

-₹4m

Dec 31 2020n/an/a

-₹5m

Sep 30 2020n/an/a

-₹5m

Jun 30 2020n/an/a

-₹5m

Mar 31 2020₹5mn/a

-₹4m

Compensation vs Market: Rajul's total compensation ($USD13.29K) is below average for companies of similar size in the Indian market ($USD46.69K).

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


CEO

Rajul Shah (54 yo)

11.3yrs
Tenure
₹1,200,000
Compensation

Mr. Rajul Rameshchandra Shah has served as the Managing Director and Director of Jet Solar Limited (formerly known as Jet Infraventure Limited) since August 12, 2014 and since November 5, 2001 respectively...


Leadership Team

NamePositionTenureCompensationOwnership
Rajul Shah
Chairman & MD11.3yrs₹1.20m12.44%
₹ 22.8m
Ajay Shinde
Chief Financial Officer11.4yrs₹610.00kno data
Krunal Shah
VP of Operations11.4yrs₹675.00kno data
11.4yrs
Average Tenure
44yo
Average Age

Experienced Management: 538794's management team is seasoned and experienced (11.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajul Shah
Chairman & MD24.1yrs₹1.20m12.44%
₹ 22.8m
Dipesh Maru
Non-Executive Independent Director4.2yrsno data0.71%
₹ 1.3m
Nirav Modi
Additional Independent Director1.6yrsno datano data
Niddhi Shah
Non-Executive Women Directorless than a yearno datano data
2.9yrs
Average Tenure
46.5yo
Average Age

Experienced Board: 538794's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/11 11:19
End of Day Share Price 2025/12/11 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jet Solar Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.