Frontier Ceramics Management

Management criteria checks 2/4

Frontier Ceramics' CEO is Nadeem Khalid, appointed in Dec 2014, has a tenure of 9.42 years. directly owns 18.5% of the company’s shares, worth PKR126.20M. The average tenure of the management team and the board of directors is 5.9 years and 5.6 years respectively.

Key information

Nadeem Khalid

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	9.4yrs
CEO ownership	18.5%
Management average tenure	5.9yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO

Nadeem Khalid

9.4yrs

Tenure

Mr. Nadeem Khalid has been the Chief Executive Officer of Frontier Ceramics Limited since December 1, 2014 and served as its Chief Operating Officer until December 1, 2014.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nadeem Khalid	Chief Executive Officer	9.4yrs	no data	18.5% PKR 126.2m
Khawaja Ahmed	Chief Financial Officer	3.3yrs	no data	no data
Zia Khalid	Executive Director	no data	no data	0.0065% PKR 44.1k
Numrah Khalid	Executive Director	no data	no data	17.82% PKR 121.6m
Wasif Naeem	Head of Internal Audit	no data	no data	no data
Rehman Sherwani	Company Secretary	5.9yrs	no data	no data

5.9yrs

Average Tenure

Experienced Management: FRCL's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Zia Khalid	Executive Director	8.6yrs	no data	0.0065% PKR 44.1k
Numrah Khalid	Executive Director	no data	no data	17.82% PKR 121.6m
Omer Khalid	Non-Executive Director	no data	no data	17.82% PKR 121.6m
Shazia Khalid	Non-Executive Director	no data	no data	0.0065% PKR 44.1k
Javid Khalid	Non-Executive Director	8.6yrs	no data	5.17% PKR 35.3m
Shabina Anjum	Independent Chairman	2.6yrs	no data	0.00053% PKR 3.6k
Muhammad Khan	Independent Director	2.6yrs	no data	0.00053% PKR 3.6k

5.6yrs

Average Tenure

Experienced Board: FRCL's board of directors are considered experienced (5.6 years average tenure).

Frontier Ceramics Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Less than half of directors are independent

Less than half of directors are independent

New major risk - Revenue and earnings growth

First half 2024 earnings released: EPS: PK₨1.10 (vs PK₨1.42 in 1H 2023)

Full year 2023 earnings released: PK₨4.05 loss per share (vs PK₨1.02 profit in FY 2022)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: PK₨0.89 (vs PK₨5.16 in 2Q 2022)

Investor sentiment improves as stock rises 15%

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: PK₨1.02 (vs PK₨2.66 in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Now 23% undervalued after recent price drop

Less than half of directors are independent

Investor sentiment improved over the past week

Now 21% undervalued

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS PK₨2.66 (vs PK₨1.16 in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS PK₨0.81 (vs PK₨0.64 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨0.96 (vs PK₨0.44 in 2Q 2020)

New 90-day high: PK₨32.50

Investor sentiment improved over the past week

New 90-day high: PK₨27.39

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Frontier Ceramics Limited Announces Management Changes

New 90-day high: PK₨20.88

First quarter 2021 earnings released: EPS PK₨0.21

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: PK₨15.67

New 90-day low: PK₨10.98

New 90-day high - PK₨14.99

New 90-day high - PK₨13.54

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure