Nishat Mills Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Muhammad Mansha

Chief executive officer

PK₨93.9m

Total compensation

CEO salary percentage	63.3%
CEO tenure	16.7yrs
CEO ownership	21.0%
Management average tenure	no data
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Muhammad Mansha's remuneration changed compared to Nishat Mills's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	PK₨6b
Dec 31 2023	n/a	n/a	PK₨9b
Sep 30 2023	n/a	n/a	PK₨11b
Jun 30 2023	PK₨94m	PK₨59m	PK₨11b
Mar 31 2023	n/a	n/a	PK₨12b
Dec 31 2022	n/a	n/a	PK₨13b
Sep 30 2022	n/a	n/a	PK₨12b
Jun 30 2022	PK₨63m	PK₨44m	PK₨12b
Mar 31 2022	n/a	n/a	PK₨14b
Dec 31 2021	n/a	n/a	PK₨14b
Sep 30 2021	n/a	n/a	PK₨13b
Jun 30 2021	PK₨54m	PK₨37m	PK₨10b

Compensation vs Market: Muhammad's total compensation ($USD337.09K) is above average for companies of similar size in the PK market ($USD72.81K).

Compensation vs Earnings: Muhammad's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Muhammad Mansha (50 yo)

16.7yrs

Tenure

PK₨93,896,000

Compensation

Mian Muhammad Umer Mansha serves as Non-Executive Director at Adamjee Life Assurance Company Limited. He was Chief Executive Officer of Adamjee Life Assurance Company Limited until May 24, 2022 and served...

Board Members

Name	Position	Tenure	Compensation	Ownership
Muhammad Mansha	CEO & Executive Director	16.7yrs	PK₨93.90m	21.01% PKR 5.0b
Iqbal Mansha	Chairman of the Board	no data	no data	12.62% PKR 3.0b
Mahmood Akhtar	Non-Executive Director	5.2yrs	no data	0.00014% PKR 33.2k
Syed Hussain	Non-Executive Director	13.7yrs	no data	no data
Farid Noor Fazal	Non-Executive Director	7.2yrs	no data	0.00014% PKR 33.2k
Mehak Adil	Independent Director	4.1yrs	no data	0.00014% PKR 33.2k
Sara Aqeel	Independent Director	4.1yrs	no data	0.00043% PKR 102.1k

6.2yrs

Average Tenure

Experienced Board: NML's board of directors are considered experienced (6.2 years average tenure).

Nishat Mills Management

Management criteria checks 1/4

Key information

Recent management updates

Nishat Mills Limited, Annual General Meeting, Oct 25, 2023

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: EPS: PK₨3.64 (vs PK₨11.14 in 3Q 2023)

Second quarter 2024 earnings released: EPS: PK₨3.70 (vs PK₨9.72 in 2Q 2023)

New major risk - Revenue and earnings growth

Price target increased by 18% to PK₨103

Investor sentiment improves as stock rises 19%

Nishat Mills Limited, Annual General Meeting, Oct 25, 2023

Full year 2023 earnings released: EPS: PK₨32.13 (vs PK₨35.00 in FY 2022)

Price target increased by 9.6% to PK₨95.45

Second quarter 2023 earnings released: EPS: PK₨9.72 (vs PK₨8.84 in 2Q 2022)

Price target decreased to PK₨111

Less than half of directors are independent

First quarter 2023 earnings released: EPS: PK₨11.61 (vs PK₨11.91 in 1Q 2022)

Price target decreased to PK₨111

Upcoming dividend of PK₨4.00 per share

Full year 2022 earnings released: EPS: PK₨35.00 (vs PK₨28.15 in FY 2021)

Third quarter 2022 earnings released: EPS: PK₨12.59 (vs PK₨11.39 in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS PK₨11.91 (vs PK₨3.52 in 1Q 2021)

Upcoming dividend of PK₨4.00 per share

Full year 2021 earnings released: EPS PK₨28.15 (vs PK₨18.07 in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨11.39 (vs PK₨4.03 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨5.42 (vs PK₨5.36 in 2Q 2020)

New 90-day high: PK₨117

Price target raised to PK₨124

New 90-day high: PK₨103

First quarter earnings released

New 90-day low: PK₨91.16

Full year earnings released - EPS PK₨18.07

Full year earnings released - EPS PK₨18.07

New 90-day high - PK₨106

New 90-day high - PK₨98.44

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure