Shilchar Technologies Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Alay Shah

Chief executive officer

₹42.5m

Total compensation

CEO salary percentage	41.1%
CEO tenure	20.8yrs
CEO ownership	32.8%
Management average tenure	4.9yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alay Shah's remuneration changed compared to Shilchar Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹831m
Sep 30 2023	n/a	n/a	₹689m
Jun 30 2023	n/a	n/a	₹537m
Mar 31 2023	₹42m	₹17m	₹431m
Dec 31 2022	n/a	n/a	₹343m
Sep 30 2022	n/a	n/a	₹270m
Jun 30 2022	n/a	n/a	₹193m
Mar 31 2022	₹13m	₹13m	₹140m
Dec 31 2021	n/a	n/a	₹67m
Sep 30 2021	n/a	n/a	₹47m
Jun 30 2021	n/a	n/a	₹54m
Mar 31 2021	₹10m	₹10m	₹55m
Dec 31 2020	n/a	n/a	₹60m
Sep 30 2020	n/a	n/a	₹36m
Jun 30 2020	n/a	n/a	₹19m
Mar 31 2020	₹10m	₹10m	₹15m
Dec 31 2019	n/a	n/a	₹21m
Sep 30 2019	n/a	n/a	₹55m
Jun 30 2019	n/a	n/a	₹72m
Mar 31 2019	₹10m	₹10m	₹77m

Compensation vs Market: Alay's total compensation ($USD509.11K) is above average for companies of similar size in the Indian market ($USD271.53K).

Compensation vs Earnings: Alay's compensation has increased by more than 20% in the past year.

CEO

Alay Shah (57 yo)

20.8yrs

Tenure

₹42,458,000

Compensation

Mr. Alay Jitendra Shah has been Chairman of the Board of Shilchar Technologies Limited since August 2019 and serves as it’s Chief Executive Officer and Managing Director. Mr. Shah was the Chief Financial O...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alay Shah	CEO, MD & Chairman of the Board	no data	₹42.46m	32.79% ₹ 15.3b
Aashay Shah	Additional Whole Time Director	2.4yrs	₹4.52m	10.34% ₹ 4.8b
Prajesh Purohit	CFO and Senior Manager of Finance & Accounts	9.1yrs	₹1.14m	no data
Rajendra Nath	Chief Operating Officer	4.8yrs	no data	no data
Vishwas Desai	Senior Manager of EHS	7.8yrs	no data	no data
Mauli Mehta	Company Secretary & Compliance Officer	less than a year	no data	no data
Chetan Jadhav	Assistant Manager of Marketing	no data	no data	no data
Ashok Bhambhani	Head of Business Development	5yrs	no data	no data
Varsha Pathak	Deputy GM-Operations and Deputy GM- Electronics & Telecom	no data	no data	no data

4.9yrs

Average Tenure

57yo

Average Age

Experienced Management: 531201's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alay Shah	CEO, MD & Chairman of the Board	20.8yrs	₹42.46m	32.79% ₹ 15.3b
Aashay Shah	Additional Whole Time Director	2.4yrs	₹4.52m	10.34% ₹ 4.8b
Rajesh Varma	Independent Non-Executive Director	4.2yrs	₹120.00k	no data
Reshmaben Patel	Independent Non-Executive Director	9.1yrs	₹110.00k	no data
Zarksis Parabia	Independent Non-Executive Director	8.1yrs	₹105.00k	no data

8.1yrs

Average Tenure

57yo

Average Age

Experienced Board: 531201's board of directors are considered experienced (8.1 years average tenure).

Shilchar Technologies Management

Management criteria checks 2/4

Key information

Recent management updates

Shilchar Technologies Limited Appoints CS Mauli Rushil Mehta as Company Secretary and Compliance Officer

Shilchar Technologies Limited Announces Resignation of Niki Tiwari as Company Secretary & Compliance Officer

CEO, MD & Chairman of the Board recently sold ₹196m worth of stock

Shilchar Technologies Limited, Annual General Meeting, Aug 25, 2023

Shilchar Technologies Limited Approves the Appointment of Aashay Alay Shah as a Whole Time Director of the Company

Shilchar Technologies Limited, Annual General Meeting, Aug 08, 2022

Recent updates

Shilchar Technologies Limited to Report Q4, 2024 Results on Apr 30, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 16%

Shilchar Technologies Limited Appoints CS Mauli Rushil Mehta as Company Secretary and Compliance Officer

Third quarter 2024 earnings released: EPS: ₹34.21 (vs ₹15.60 in 3Q 2023)

Shilchar Technologies Limited to Report Q3, 2024 Results on Feb 05, 2024

Investor sentiment improves as stock rises 15%

Now 21% overvalued after recent price rise

Shilchar Technologies Limited Announces Resignation of Niki Tiwari as Company Secretary & Compliance Officer

CEO, MD & Chairman of the Board recently sold ₹196m worth of stock

Investor sentiment improves as stock rises 31%

Second quarter 2024 earnings released: EPS: ₹31.99 (vs ₹11.98 in 2Q 2023)

Shilchar Technologies Limited to Report Q2, 2024 Results on Oct 21, 2023

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 23%

Upcoming dividend of ₹10.00 per share at 0.4% yield

First quarter 2024 earnings released: EPS: ₹42.96 (vs ₹15.25 in 1Q 2023)

Shilchar Technologies Limited, Annual General Meeting, Aug 25, 2023

Investor sentiment improves as stock rises 18%

Full year 2023 earnings released: EPS: ₹113 (vs ₹36.82 in FY 2022)

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 18%

Third quarter 2023 earnings released: EPS: ₹31.19 (vs ₹11.95 in 3Q 2022)

Shilchar Technologies Limited to Report Q3, 2023 Results on Jan 31, 2023

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹23.96 (vs ₹3.67 in 2Q 2022)

Investor sentiment improved over the past week

Shilchar Technologies Limited to Report Q2, 2023 Results on Oct 20, 2022

Investor sentiment improved over the past week

Shilchar Technologies Limited Approves the Appointment of Aashay Alay Shah as a Whole Time Director of the Company

Shilchar Technologies Limited to Report Q1, 2023 Results on Aug 08, 2022

Upcoming dividend of ₹4.00 per share

Full year 2022 earnings released: EPS: ₹36.82 (vs ₹14.48 in FY 2021)

Shilchar Technologies Limited, Annual General Meeting, Aug 08, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹36.82 (vs ₹14.48 in FY 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Now 24% undervalued

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

Second quarter 2022 earnings released: EPS ₹3.67 (vs ₹5.65 in 2Q 2021)

Upcoming dividend of ₹1.50 per share

Full year 2021 earnings released: EPS ₹14.48 (vs ₹3.93 in FY 2020)

Independent Non-Executive Director Om Khanna has left the company

Full year 2021 earnings released: EPS ₹14.48 (vs ₹3.93 in FY 2020)

Investor sentiment improved over the past week

New 90-day high: ₹219

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹213

Market bids up stock over the past week

New 90-day high: ₹205

New 90-day high: ₹201

Market bids up stock over the past week

New 90-day high: ₹189

Shilchar Technologies Limited to Report Q1, 2021 Results on Aug 14, 2020

New 90-day high - ₹152

First quarter earnings released

Upcoming Dividend of ₹1.00 Per Share

New 90-day high - ₹117

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team