In 2010 Abhiraj Choksey was appointed CEO of Apcotex Industries Limited (NSE:APCOTEXIND). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we'll look at a snap shot of the business growth. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.

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View our latest analysis for Apcotex Industries

How Does Abhiraj Choksey's Compensation Compare With Similar Sized Companies?

Our data indicates that Apcotex Industries Limited is worth ₹11b, and total annual CEO compensation is ₹10m. (This figure is for the year to March 2018). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at ₹9.5m. We examined companies with market caps from ₹7.0b to ₹28b, and discovered that the median CEO total compensation of that group was ₹16m.

Most shareholders would consider it a positive that Abhiraj Choksey takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. However, before we heap on the praise, we should delve deeper to understand business performance.

You can see, below, how CEO compensation at Apcotex Industries has changed over time.

Is Apcotex Industries Limited Growing?

On average over the last three years, Apcotex Industries Limited has grown earnings per share (EPS) by 8.2% each year (using a line of best fit). Its revenue is up 19% over last year.

I would argue that the modest growth in revenue is a notable positive. And, while modest, the earnings per share growth is noticeable. Although we'll stop short of calling the stock a top performer, we think the company has potential. You might want to check this free visual report on analyst forecasts for future earnings.

Has Apcotex Industries Limited Been A Good Investment?

Most shareholders would probably be pleased with Apcotex Industries Limited for providing a total return of 90% over three years. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

In Summary...

It looks like Apcotex Industries Limited pays its CEO less than similar sized companies.

Abhiraj Choksey is paid less than what is normal at similar size companies, and the total shareholder return has been pleasing over the last three years. So, while it might be nice to have better EPS growth, on our analysis the CEO compensation is quite modest. So you may want to check if insiders are buying Apcotex Industries shares with their own money (free access).

If you want to buy a stock that is better than Apcotex Industries, this free list of high return, low debt companies is a great place to look.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.