Nimir Industrial Chemicals Management

Management criteria checks 1/4

Nimir Industrial Chemicals' CEO is Zafar Mahmood, appointed in Aug 2007, has a tenure of 16.75 years. directly owns 21.76% of the company’s shares, worth PKR2.61B. The average tenure of the management team and the board of directors is 6 years and 2.4 years respectively.

Key information

Zafar Mahmood

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	16.8yrs
CEO ownership	21.8%
Management average tenure	6yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO

Zafar Mahmood

16.8yrs

Tenure

PK₨1,949,355

Compensation

Mr. Zafar Mahmood has been the Chief Executive Officer of Nimir Industrial Chemicals Limited (NICL) at Knightsbridge Chemicals Ltd. since August 22, 2007. Mr. Mahmood serves as the Chief Executive Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Zafar Mahmood	CEO & Executive Director	16.8yrs	PK₨1.95m	21.76% PKR 2.6b
Syed Nasim	Chief Financial Officer	5.7yrs	no data	no data
Aamir Jamil	Head of Accounts	no data	no data	5.86% PKR 703.4m
Umar Iqbal	Head of Technical	no data	no data	7.4% PKR 887.8m
Khalid Qazi	Head of Treasury & Administration	6.3yrs	no data	12.72% PKR 1.5b
Imran Afzal	Head of Sales & Marketing and Executive Director	no data	no data	10.61% PKR 1.3b
Muhammad Khan	Head of Commercial	5.3yrs	no data	9.68% PKR 1.2b
Umair Tahir	Head of Internal Auditor	less than a year	no data	no data
Muhammad Inam-Ur-Rahim	Company Secretary	11.8yrs	no data	no data

6.0yrs

Average Tenure

Experienced Management: NICL's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Zafar Mahmood	CEO & Executive Director	no data	PK₨1.95m	21.76% PKR 2.6b
Aamir Jamil	Head of Accounts	2.4yrs	no data	5.86% PKR 703.4m
Imran Afzal	Head of Sales & Marketing and Executive Director	2.4yrs	no data	10.61% PKR 1.3b
Muhammad Saeed-uz-Zaman	Non-Executive Chairman	no data	no data	0.28% PKR 33.7m
Javed Arif	Independent Director	6.1yrs	no data	0.00045% PKR 54.0k
Abdul Shaikh	Non-Executive Nominee Director	12.9yrs	no data	no data
Parveen Malik	Independent Director	5.4yrs	no data	0.00045% PKR 54.0k
Mian Anjum	Non-Executive Director	2.4yrs	no data	0.00090% PKR 108.0k
Humaira Shazia	Independent Director	1.3yrs	no data	0.00045% PKR 54.0k

2.4yrs

Average Tenure

Experienced Board: NICL's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Nimir Industrial Chemicals Management

Management criteria checks 1/4

Key information

Recent management updates

Nimir Industrial Chemicals Limited Names Mr. Umair Tahir as Head of Internal Auditor with effect from September 01, 2023

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: PK₨1.47 (vs PK₨1.07 in 2Q 2023)

Upcoming dividend of PK₨1.00 per share

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 22%

New minor risk - Share price stability

Full year 2023 earnings released: EPS: PK₨17.60 (vs PK₨15.76 in FY 2022)

Nimir Industrial Chemicals Limited Names Mr. Umair Tahir as Head of Internal Auditor with effect from September 01, 2023

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 24%

Third quarter 2023 earnings released: EPS: PK₨7.56 (vs PK₨5.29 in 3Q 2022)

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 30%

Second quarter 2023 earnings released: EPS: PK₨1.07 (vs PK₨4.09 in 2Q 2022)

Investor sentiment deteriorates as stock falls 18%

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Upcoming dividend of PK₨1.50 per share

Full year 2022 earnings released: EPS: PK₨15.76 (vs PK₨16.57 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: PK₨5.29 (vs PK₨4.55 in 3Q 2021)

Less than half of directors are independent

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

Upcoming dividend of PK₨1.00 per share

First quarter 2022 earnings released: EPS PK₨3.08 (vs PK₨3.35 in 1Q 2021)

Upcoming dividend of PK₨2.00 per share

Full year 2021 earnings released: EPS PK₨16.57 (vs PK₨8.88 in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨4.55 (vs PK₨1.37 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS PK₨4.09 (vs PK₨2.25 in 2Q 2020)

New 90-day high: PK₨110

Upcoming Dividend of PK₨2.00 Per Share

Second quarter 2021 earnings released: EPS PK₨4.08 (vs PK₨2.25 in 2Q 2020)

New 90-day high: PK₨102

New 90-day high: PK₨93.69

New 90-day high: PK₨85.51

First quarter earnings released

Full year earnings released - EPS PK₨8.88

Nimir Industrial Chemicals Limited (KASE:NICL), Terranova Limited, Saeed-Uz-Zaman, Nusrat Jamil, Mujammad Yahya Khan completed the acquisition of additional 3.9% stake in Descon Chemicals Limited (KASE:DCH) for PKR 51.4 million.

Full year earnings released - EPS PK₨8.88

New 90-day high - PK₨73.10

New 90-day high - PK₨62.50

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure