Solex Energy Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Chetan Shah
Chief executive officer
₹7.2m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 3.3yrs |
| CEO ownership | 1.9% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Additional Considerations Required While Assessing Solex Energy's (NSE:SOLEX) Strong Earnings
Nov 18
We Ran A Stock Scan For Earnings Growth And Solex Energy (NSE:SOLEX) Passed With Ease
Nov 05Further Upside For Solex Energy Limited (NSE:SOLEX) Shares Could Introduce Price Risks After 30% Bounce
Oct 10Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 29% Share Price Boost
Aug 09We Think Solex Energy (NSE:SOLEX) Is Taking Some Risk With Its Debt
Jul 17Market Might Still Lack Some Conviction On Solex Energy Limited (NSE:SOLEX) Even After 50% Share Price Boost
Jun 12The Market Lifts Solex Energy Limited (NSE:SOLEX) Shares 26% But It Can Do More
Apr 18Solex Energy Limited's (NSE:SOLEX) Shares Leap 29% Yet They're Still Not Telling The Full Story
Feb 20Here's Why Solex Energy (NSE:SOLEX) Has A Meaningful Debt Burden
Feb 02Solex Energy Limited (NSE:SOLEX) Soars 27% But It's A Story Of Risk Vs Reward
Jan 05Solex Energy (NSE:SOLEX) May Have Issues Allocating Its Capital
Jan 04Here's Why Shareholders May Want To Be Cautious With Increasing Solex Energy Limited's (NSE:SOLEX) CEO Pay Packet
Sep 23There Are Reasons To Feel Uneasy About Solex Energy's (NSE:SOLEX) Returns On Capital
Sep 13Is Solex Energy (NSE:SOLEX) A Risky Investment?
Jun 24These 4 Measures Indicate That Solex Energy (NSE:SOLEX) Is Using Debt Extensively
Aug 17Does Solex Energy (NSE:SOLEX) Have A Healthy Balance Sheet?
Jul 07Is Solex Energy Limited (NSE:SOLEX) The Right Choice For A Smart Dividend Investor?
Feb 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹210m |
| Jun 30 2024 | n/a | n/a | ₹149m |
| Mar 31 2024 | ₹7m | n/a | ₹87m |
| Dec 31 2023 | n/a | n/a | ₹63m |
| Sep 30 2023 | n/a | n/a | ₹39m |
| Jun 30 2023 | n/a | n/a | ₹33m |
| Mar 31 2023 | ₹7m | n/a | ₹27m |
| Dec 31 2022 | n/a | n/a | ₹13m |
| Sep 30 2022 | n/a | n/a | -₹611k |
| Jun 30 2022 | n/a | n/a | ₹5m |
| Mar 31 2022 | ₹5m | ₹5m | ₹10m |
Compensation vs Market: Chetan's total compensation ($USD84.09K) is below average for companies of similar size in the Indian market ($USD179.30K).
Compensation vs Earnings: Chetan's compensation has been consistent with company performance over the past year.
CEO
Chetan Shah (56 yo)
3.3yrs
Tenure
₹7,200,000
Compensation
Mr. Chetan Sureshchandra Shah serves as Chairman and Managing Director at Solex Energy Limited since August 6, 2021. He served as Executive Director at Solex Energy Limited since January 18, 2020 until Jul...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | ₹7.20m | 1.92% ₹ 272.4m | |
| Chief Financial Officer | 3.5yrs | ₹907.00k | 0.13% ₹ 17.7m | |
| Whole Time Director | no data | ₹3.60m | 9.34% ₹ 1.3b | |
| Whole-time Director | 3.5yrs | ₹900.00k | 1.68% ₹ 238.5m | |
| Head of Operations | no data | no data | no data | |
| Compliance Officer & Company Secretary | less than a year | no data | no data | |
| Head of Marketing | less than a year | no data | no data |
2.2yrs
Average Tenure
54yo
Average Age
Experienced Management: SOLEX's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 3.3yrs | ₹7.20m | 1.92% ₹ 272.4m | |
| Whole Time Director | 10.2yrs | ₹3.60m | 9.34% ₹ 1.3b | |
| Whole-time Director | 3.5yrs | ₹900.00k | 1.68% ₹ 238.5m | |
| Non-Executive Director | 3.4yrs | no data | no data | |
| Independent Non-Executive Director | 2yrs | no data | no data |
3.4yrs
Average Tenure
54yo
Average Age
Experienced Board: SOLEX's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 11:46 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Solex Energy 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.
| Analyst | Institution |
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