Art Nirman Management

Management criteria checks 4/4

Art Nirman's CEO is Ashokkumar Thakker, appointed in Sep 2016, has a tenure of 7.67 years. directly owns 66.75% of the company’s shares, worth ₹1.08B. The average tenure of the management team and the board of directors is 5.8 years and 7.2 years respectively.

Key information

Ashokkumar Thakker

Chief executive officer

₹1.2m

Total compensation

CEO salary percentagen/a
CEO tenure7.7yrs
CEO ownership66.8%
Management average tenure5.8yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Calculating The Fair Value Of Art Nirman Limited (NSE:ARTNIRMAN)

Aug 12
Calculating The Fair Value Of Art Nirman Limited (NSE:ARTNIRMAN)

Calculating The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)

Feb 23
Calculating The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)

A Look At The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)

Nov 12
A Look At The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)

CEO Compensation Analysis

How has Ashokkumar Thakker's remuneration changed compared to Art Nirman's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹13m

Sep 30 2023n/an/a

₹11m

Jun 30 2023n/an/a

₹4m

Mar 31 2023₹1mn/a

₹1m

Dec 31 2022n/an/a

-₹41m

Sep 30 2022n/an/a

-₹68m

Jun 30 2022n/an/a

-₹80m

Mar 31 2022₹1mn/a

-₹110m

Dec 31 2021n/an/a

-₹66m

Sep 30 2021n/an/a

-₹33m

Jun 30 2021n/an/a

-₹26m

Mar 31 2021₹1mn/a

₹204k

Dec 31 2020n/an/a

-₹3m

Sep 30 2020n/an/a

-₹5m

Jun 30 2020n/an/a

₹1m

Mar 31 2020₹12mn/a

₹8m

Dec 31 2019n/an/a

₹7m

Sep 30 2019n/an/a

₹6m

Jun 30 2019n/an/a

₹10m

Mar 31 2019₹12m₹12m

₹13m

Compensation vs Market: Ashokkumar's total compensation ($USD14.38K) is below average for companies of similar size in the Indian market ($USD39.29K).

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


CEO

Ashokkumar Thakker (50 yo)

7.7yrs

Tenure

₹1,200,000

Compensation

Mr. Ashokkumar Raghuram Thakker has been the Chairman and Managing Director at Art Nirman Limited since September 7, 2016. Mr. Thakker looks after overall management and operations of Art Nirman Limited an...


Leadership Team

NamePositionTenureCompensationOwnership
Ashokkumar Thakker
Chairman & MD7.7yrs₹1.20m66.75%
₹ 1.1b
Chetankumar Modi
Chief Financial Officer4.7yrs₹657.00kno data
Yesha Shah
Company Secretary & Compliance Officer4.9yrs₹441.00kno data
Piyushkumar Thakkar
Executive Director6.7yrs₹924.00k3.49%
₹ 56.5m

5.8yrs

Average Tenure

Experienced Management: ARTNIRMAN's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashokkumar Thakker
Chairman & MD13.3yrs₹1.20m66.75%
₹ 1.1b
Piyushkumar Thakkar
Executive Director6.7yrs₹924.00k3.49%
₹ 56.5m
Dharmishtaben Thakkar
Women Non-Executive Director7.7yrsno data3.51%
₹ 56.8m
Krunal Mistry
Independent Non Executive Director7.8yrsno datano data
Hemang Shah
Independent Non-Executive Director6.3yrs₹65.00kno data
Chintan Bhatt
Independent Non-Executive Director2.8yrs₹42.00kno data

7.2yrs

Average Tenure

41yo

Average Age

Experienced Board: ARTNIRMAN's board of directors are considered experienced (7.2 years average tenure).


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