Tribhovandas Bhimji Zaveri Management

Management criteria checks 3/4

Tribhovandas Bhimji Zaveri's CEO is Shrikant Zaveri, appointed in Sep 2015, has a tenure of 8.83 years. total yearly compensation is ₹24.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 55.3% of the company’s shares, worth ₹4.46B. The average tenure of the management team and the board of directors is 8.8 years and 9.6 years respectively.

Key information

Shrikant Zaveri

Chief executive officer

₹24.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	8.8yrs
CEO ownership	55.3%
Management average tenure	8.8yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shrikant Zaveri's remuneration changed compared to Tribhovandas Bhimji Zaveri's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹544m
Dec 31 2023	n/a	n/a	₹535m
Sep 30 2023	n/a	n/a	₹527m
Jun 30 2023	n/a	n/a	₹491m
Mar 31 2023	₹24m	₹24m	₹402m
Dec 31 2022	n/a	n/a	₹321m
Sep 30 2022	n/a	n/a	₹305m
Jun 30 2022	n/a	n/a	₹324m
Mar 31 2022	₹24m	₹24m	₹202m
Dec 31 2021	n/a	n/a	₹259m
Sep 30 2021	n/a	n/a	₹470m
Jun 30 2021	n/a	n/a	₹541m
Mar 31 2021	₹23m	₹17m	₹433m
Dec 31 2020	n/a	n/a	₹367m
Sep 30 2020	n/a	n/a	₹113m
Jun 30 2020	n/a	n/a	-₹27m
Mar 31 2020	₹24m	₹24m	₹214m
Dec 31 2019	n/a	n/a	₹199m
Sep 30 2019	n/a	n/a	₹176m
Jun 30 2019	n/a	n/a	₹177m
Mar 31 2019	₹24m	₹24m	₹156m
Mar 31 2018	₹24m	₹24m	₹213m

Compensation vs Market: Shrikant's total compensation ($USD287.57K) is above average for companies of similar size in the Indian market ($USD38.09K).

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

CEO

Shrikant Zaveri (65 yo)

8.8yrs

Tenure

₹24,000,000

Compensation

Mr. Shrikant Gopaldas Zaveri serves as the Executive Chairman and Managing Director of Tribhovandas Bhimji Zaveri Ltd. and has been its Chief Executive Officer since September 10, 2015 and has been its Dir...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shrikant Zaveri	Executive Chairman	8.8yrs	₹24.00m	55.3% ₹ 4.5b
Mukesh Sharma	Chief Financial Officer	2.2yrs	₹9.45m	no data
Pooran Jaiswal	Chief Technical Officer	2.3yrs	₹6.04m	no data
Niraj Oza	Head of Legal	13.7yrs	₹3.96m	no data
Raashi Zaveri	Whole-Time Director	no data	₹24.00m	6.85% ₹ 552.5m
Rajeev Sagar	Head of Gold Operations	17yrs	₹12.05m	0.040% ₹ 3.2m
Binaisha Zaveri	Whole-Time Director	no data	₹24.00m	7.92% ₹ 638.6m
Mayur Choksi	Head of Diamond Operation	13.5yrs	₹13.47m	0.040% ₹ 3.2m
Sunil Gujarathi	Head of MIS & Treasury	13.2yrs	₹8.24m	no data
Shikha Khurana	Head of Human Resource	less than a year	no data	no data
Mukesh Gajra	President of Retail Sales & Operations	1.7yrs	no data	no data

8.8yrs

Average Tenure

48yo

Average Age

Experienced Management: 534369's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shrikant Zaveri	Executive Chairman	17yrs	₹24.00m	55.3% ₹ 4.5b
Raashi Zaveri	Whole-Time Director	16yrs	₹24.00m	6.85% ₹ 552.5m
Binaisha Zaveri	Whole-Time Director	17yrs	₹24.00m	7.92% ₹ 638.6m
Ramesh Chandak	Non-Executive Independent Director	1.1yrs	no data	no data
Sudha Navandar	Additional Non-Executive Woman Independent Director	3.3yrs	₹1.16m	0.000010% ₹ 806.4
Preeti Sadarangani	Additional Independent Director	less than a year	no data	no data

9.6yrs

Average Tenure

58yo

Average Age

Experienced Board: 534369's board of directors are considered experienced (9.6 years average tenure).

Tribhovandas Bhimji Zaveri Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Tribhovandas Bhimji Zaveri Limited Announces Resignation of Ajay Chimanlal Mehta as Independent Director

Tribhovandas Bhimji Zaveri Limited Announces Change in Management

Less than half of directors are independent

Tribhovandas Bhimji Zaveri Limited Announces Resignation of Sanjay Khatau Asher as Director

Tribhovandas Bhimji Zaveri Limited, Annual General Meeting, Aug 29, 2022

Recent updates

Full year 2024 earnings released: EPS: ₹8.16 (vs ₹6.02 in FY 2023)

Investor sentiment improves as stock rises 15%

Less than half of directors are independent

Tribhovandas Bhimji Zaveri Limited Announces Resignation of Ajay Chimanlal Mehta as Independent Director

New minor risk - Market cap size

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: ₹1.35 (vs ₹0.82 in 2Q 2023)

Now 24% undervalued

Tribhovandas Bhimji Zaveri Limited Announces Change in Management

Upcoming dividend of ₹1.75 per share at 1.5% yield

New minor risk - Share price stability

Tribhovandas Bhimji Zaveri Limited to Report Q2, 2024 Results on Nov 14, 2023

Investor sentiment improves as stock rises 25%

First quarter 2024 earnings released: EPS: ₹1.70 (vs ₹0.37 in 1Q 2023)

Tribhovandas Bhimji Zaveri Limited to Report Q1, 2024 Results on Aug 01, 2023

Investor sentiment improves as stock rises 20%

Full year 2023 earnings released: EPS: ₹6.02 (vs ₹3.02 in FY 2022)

Tribhovandas Bhimji Zaveri Limited Recommends Dividend for the Financial Year Ended 31 March, 2023

Tribhovandas Bhimji Zaveri Limited to Report Q4, 2023 Results on May 24, 2023

Less than half of directors are independent

Third quarter 2023 earnings released: EPS: ₹3.08 (vs ₹2.85 in 3Q 2022)

Tribhovandas Bhimji Zaveri Limited to Report Q3, 2023 Results on Feb 08, 2023

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹0.82 (vs ₹1.10 in 2Q 2022)

Tribhovandas Bhimji Zaveri Limited Announces Resignation of Sanjay Khatau Asher as Director

Upcoming dividend of ₹1.00 per share

Tribhovandas Bhimji Zaveri Limited Proposes Dividend for the Financial Year Ended 31 March, 2022, Payable on or After 2 September, 2022

First quarter 2023 earnings released: EPS: ₹0.37 (vs ₹1.47 loss in 1Q 2022)

Tribhovandas Bhimji Zaveri Limited, Annual General Meeting, Aug 29, 2022

Tribhovandas Bhimji Zaveri Limited to Report Q1, 2023 Results on Aug 01, 2022

Investor sentiment improved over the past week

Tribhovandas Bhimji Zaveri Limited Announces CFO Changes

Full year 2022 earnings released: EPS: ₹3.02 (vs ₹6.48 in FY 2021)

Insufficient new directors

Tribhovandas Bhimji Zaveri Limited to Report Q4, 2022 Results on May 05, 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

Second quarter 2022 earnings released: EPS ₹1.10 (vs ₹2.18 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Insufficient new directors

Insufficient new directors

Upcoming dividend of ₹2.50 per share

First quarter 2022 earnings released: ₹1.47 loss per share (vs ₹3.10 loss in 1Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹6.48 (vs ₹3.21 in FY 2020)

Tribhovandas Bhimji Zaveri Limited Recommends Dividend for the Financial Year Ended March 31, 2021

Third quarter 2021 earnings released: EPS ₹6.00 (vs ₹2.18 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: ₹61.20

Investor sentiment improved over the past week

New 90-day high: ₹48.55

Second quarter 2021 earnings released: EPS ₹2.12

New 90-day high: ₹42.20

Tribhovandas Bhimji Zaveri Limited to Report Fiscal Year 2021 Results on May 30, 2021

Tribhovandas Bhimji Zaveri Limited Updates on its Operations

Tribhovandas Bhimji Zaveri Limited Provides Revenue Guidance for the First Quarter of 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age