Nimir Industrial Chemicals Management

Management criteria checks 2/4

Nimir Industrial Chemicals' CEO is Zafar Mahmood, appointed in Aug 2007, has a tenure of 17.33 years. directly owns 19.59% of the company’s shares, worth PKR3.11B. The average tenure of the management team and the board of directors is 6.6 years and 3 years respectively.

Key information

Zafar Mahmood

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	17.3yrs
CEO ownership	19.6%
Management average tenure	6.6yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO

Zafar Mahmood

17.3yrs

Tenure

PK₨1,949,355

Compensation

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

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Zafar Mahmood	CEO & Executive Director	17.3yrs	PK₨1.95m	19.59% PKR 3.1b
Syed Nasim	Chief Financial Officer	6.3yrs	no data	no data
Aamir Jamil	Head of Accounts	no data	no data	5.29% PKR 838.9m
Umar Iqbal	Head of Technical	no data	no data	6.66% PKR 1.1b
Khalid Qazi	Head of Treasury & Administration	6.9yrs	no data	11.46% PKR 1.8b
Imran Afzal	Head of Sales & Marketing and Executive Director	no data	no data	9.64% PKR 1.5b
Muhammad Khan	Head of Commercial	5.9yrs	no data	11.89% PKR 1.9b
Umair Tahir	Head of Internal Auditor	1.3yrs	no data	no data
Muhammad Inam-Ur-Rahim	Company Secretary	12.4yrs	no data	no data

6.6yrs

Average Tenure

Experienced Management: NICL's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Zafar Mahmood	CEO & Executive Director	no data	PK₨1.95m	19.59% PKR 3.1b
Aamir Jamil	Head of Accounts	3yrs	no data	5.29% PKR 838.9m
Imran Afzal	Head of Sales & Marketing and Executive Director	3yrs	no data	9.64% PKR 1.5b
Muhammad Saeed-uz-Zaman	Non-Executive Chairman	no data	no data	1.21% PKR 192.4m
Javed Arif	Independent Director	6.7yrs	no data	0.00045% PKR 71.3k
Abdul Shaikh	Non-Executive Nominee Director	13.5yrs	no data	no data
Parveen Malik	Independent Director	6yrs	no data	0.00045% PKR 71.3k
Mian Anjum	Non-Executive Director	3yrs	no data	0.00090% PKR 142.7k
Humaira Shazia	Independent Director	1.8yrs	no data	0.00045% PKR 71.3k

3.0yrs

Average Tenure

Experienced Board: NICL's board of directors are considered experienced (3 years average tenure).

Nimir Industrial Chemicals Management

Management criteria checks 2/4

Key information

Recent management updates

Nimir Industrial Chemicals Limited, Annual General Meeting, Oct 28, 2024

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 - Profit margin trend

Upcoming dividend of PK₨1.50 per share

Dividend of PK₨1.50 announced

Nimir Industrial Chemicals Limited, Annual General Meeting, Oct 28, 2024

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: EPS: PK₨3.30 (vs PK₨7.56 in 3Q 2023)

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