Borosil Renewables Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Ashok Jain

Chief executive officer

₹23.8m

Total compensation

CEO salary percentage	53.7%
CEO tenure	4.2yrs
CEO ownership	0.04%
Management average tenure	4.2yrs
Board average tenure	4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashok Jain's remuneration changed compared to Borosil Renewables's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹113m
Sep 30 2023	n/a	n/a	₹321m
Jun 30 2023	n/a	n/a	₹312m
Mar 31 2023	₹24m	₹13m	₹696m
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹1b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹33m	₹18m	₹2b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹2b
Jun 30 2021	n/a	n/a	₹1b
Mar 31 2021	₹19m	₹16m	₹896m
Dec 31 2020	n/a	n/a	₹268m
Sep 30 2020	n/a	n/a	₹154m
Jun 30 2020	n/a	n/a	-₹9m
Mar 31 2020	₹14m	₹2m	₹5m

Compensation vs Market: Ashok's total compensation ($USD285.22K) is about average for companies of similar size in the Indian market ($USD381.71K).

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

CEO

Ashok Jain (65 yo)

4.2yrs

Tenure

₹23,774,000

Compensation

Mr. Ashok Kumar Jain serves as Additional and Whole-Time Director at Borosil Renewables Limited (formerly known as Borosil Glass Works Limited) since February 12, 2020. Mr. Jain has extensive experience in...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pradeep Kheruka	Executive Chairman	35.4yrs	₹76.00m	1.43% ₹ 975.7m
Ashok Jain	Additional & Whole-Time Director	no data	₹23.77m	0.044% ₹ 29.7m
Sunil Roongta	Chief Financial Officer	4.2yrs	₹8.54m	no data
Kishor Talreja	Company Secretary & Compliance Officer	4.2yrs	₹3.93m	no data
Sanjeev Jha	Chief Operating Officer	3.8yrs	no data	no data
Arun Kumar	Vice President of Legal & Secretarial	no data	no data	no data
Priyanka Kheruka	Associate Vice President of Marketing	11.3yrs	no data	no data
Rovino Rodrigues	Product Head of Speciality Laboratory Products	no data	no data	no data
Balaji Reddipalli	Group Head of Supply Chain & IT	no data	no data	no data
Vinayak Patankar	Vice President of Science & Industrial Products	no data	no data	no data
Rituraj Sharma	Vice President of Consumer Products	no data	no data	no data

4.2yrs

Average Tenure

54yo

Average Age

Experienced Management: 502219's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pradeep Kheruka	Executive Chairman	35.4yrs	₹76.00m	1.43% ₹ 975.7m
Ashok Jain	Additional & Whole-Time Director	4.2yrs	₹23.77m	0.044% ₹ 29.7m
Haigreve Khaitan	Additional & Independent Non-Executive Director	4.2yrs	₹2.51m	no data
Raj Jain	Additional & Independent Non-Executive Director	4.2yrs	₹2.60m	no data
Shreevar Kheruka	Non-Executive Vice-Chairman of the Board	14.7yrs	₹2.20m	6.74% ₹ 4.6b
Pradeep Bhide	Additional & Independent Non-Executive Director	4.2yrs	₹2.44m	no data
Shalini Kamath	Additional & Independent Non-Executive Director	4.2yrs	₹2.60m	no data
Asif Ibrahim	Additional & Independent Non-Executive Director	4.2yrs	₹2.29m	no data

4.2yrs

Average Tenure

66yo

Average Age

Experienced Board: 502219's board of directors are considered experienced (4.2 years average tenure).

Borosil Renewables Management

Management criteria checks 4/4

Key information

Recent management updates

Borosil Renewables Limited, Annual General Meeting, Aug 25, 2023

High number of new and inexperienced directors

Borosil Renewables Limited, Annual General Meeting, Aug 11, 2022

High number of new and inexperienced directors

Head of Operations recently sold ₹13m worth of stock

Insider recently sold ₹9.7m worth of stock

Recent updates

New minor risk - Share price stability

Third quarter 2024 earnings released: ₹1.19 loss per share (vs ₹0.40 profit in 3Q 2023)

Borosil Renewables Limited to Report Q3, 2023 Results on Feb 07, 2024

Second quarter 2024 earnings released: EPS: ₹1.92 (vs ₹1.85 in 2Q 2023)

Borosil Renewables Limited to Report Q2, 2024 Results on Nov 06, 2023

Full year 2023 earnings released: EPS: ₹5.34 (vs ₹12.74 in FY 2022)

Borosil Renewables Limited to Report Q1, 2024 Results on Aug 08, 2023

Borosil Renewables Limited, Annual General Meeting, Aug 25, 2023

Full year 2023 earnings released: EPS: ₹5.34 (vs ₹12.74 in FY 2022)

Borosil Renewables Limited to Report Q4, 2023 Results on May 24, 2023

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: ₹0.40 (vs ₹3.51 in 3Q 2022)

Borosil Renewables Limited to Report Q3, 2023 Results on Feb 13, 2023

High number of new and inexperienced directors

Second quarter 2023 earnings released: EPS: ₹1.85 (vs ₹2.62 in 2Q 2022)

Borosil Renewables Limited to Report Q2, 2023 Results on Nov 09, 2022

Borosil Renewables Limited (BSE:502219) acquired 86% stake of lnterfloat Corporation and GMB Glasmanufaktur Brandenbur GmbH from HS Timber Group GmbH and Blue Minds Holding GmbH.

Borosil Renewables Limited to Report Q1, 2023 Results on Aug 09, 2022

Full year 2022 earnings released

Borosil Renewables Limited, Annual General Meeting, Aug 11, 2022

Full year 2022 earnings released: EPS: ₹12.74 (vs ₹7.56 in FY 2021)

High number of new and inexperienced directors

Borosil Renewables Limited (BSE:502219) signed an agreement to acquire lnterfloat Corporation and GMB Glasmanufaktur Brandenbur GmbH.

Investor sentiment deteriorated over the past week

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

Borosil Renewables Limited to Report Q3, 2022 Results on Feb 08, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹2.62 (vs ₹1.23 in 2Q 2021)

Investor sentiment improved over the past week

Head of Operations recently sold ₹13m worth of stock

First quarter 2022 earnings released: EPS ₹3.05 (vs ₹0.16 loss in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹7.56 (vs ₹0.04 in FY 2020)

Third quarter 2021 earnings released: EPS ₹0.91 (vs ₹1.83 in 3Q 2020)

New 90-day high: ₹309

Borosil Renewables Limited to Report Q3, 2021 Results on Feb 12, 2021

Insider recently sold ₹9.7m worth of stock

Borosil Renewables Limited has completed a Follow-on Equity Offering in the amount of INR 2 billion.

New 90-day high: ₹158

New 90-day high: ₹116

First half earnings released

Borosil Renewables Limited to Report Q2, 2021 Results on Oct 19, 2020

Borosil Renewables Limited announced a financing transaction

New 90-day low: ₹67.90

First quarter earnings released

Borosil Renewables Limited to Report Q1, 2021 Results on Aug 10, 2020

Borosil Renewables Limited (BSE:502219) completed the acquisition of Gujarat Borosil Limited (BSE:523768).

Borosil Glass Works Limited (BSE:502219) completed the spin-off of Borosil Limited.

Borosil Renewables Limited to Report Q4, 2020 Results on Jul 17, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age