Art Nirman Management

Management criteria checks 4/4

Art Nirman's CEO is Ashokkumar Thakker, appointed in Sep 2016, has a tenure of 8.33 years. directly owns 66.75% of the company’s shares, worth ₹891.09M. The average tenure of the management team and the board of directors is 6.5 years and 7.8 years respectively.

Key information

Ashokkumar Thakker

Chief executive officer

₹1.2m

Total compensation

CEO salary percentagen/a
CEO tenure8.3yrs
CEO ownership66.8%
Management average tenure6.5yrs
Board average tenure7.8yrs

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
Sep 30 2024n/an/a

₹13m

Jun 30 2024n/an/a

₹14m

Mar 31 2024₹1mn/a

₹12m

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 ($USD13.95K) is below average for companies of similar size in the Indian market ($USD41.93K).

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


CEO

Ashokkumar Thakker (51 yo)

8.3yrs

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 & MD8.3yrs₹1.20m66.75%
₹ 891.1m
Piyushkumar Thakkar
Executive Director7.3yrs₹924.00k3.49%
₹ 46.5m
Chetankumar Modi
Chief Financial Officer5.3yrs₹657.00kno data
Yesha Shah
Company Secretary & Compliance Officer5.6yrs₹441.00kno data

6.5yrs

Average Tenure

Experienced Management: ARTNIRMAN's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashokkumar Thakker
Chairman & MD13.9yrs₹1.20m66.75%
₹ 891.1m
Piyushkumar Thakkar
Executive Director7.3yrs₹924.00k3.49%
₹ 46.5m
Dharmishtaben Thakkar
Non-Executive Director8.3yrsno data3.51%
₹ 46.8m
Krunal Mistry
Independent Non Executive Director8.4yrsno datano data
Hemang Shah
Independent Non-Executive Director7yrs₹60.00kno data
Chintan Bhatt
Independent Non-Executive Director3.4yrs₹48.00kno data

7.8yrs

Average Tenure

42yo

Average Age

Experienced Board: ARTNIRMAN's board of directors are considered experienced (7.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 00:30
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Art Nirman 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.

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