In 2006 Sandeep Engineer was appointed CEO of Astral Poly Technik Limited (NSE:ASTRAL). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. 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. The aim of all this is to consider the appropriateness of CEO pay levels.
How Does Sandeep Engineer's Compensation Compare With Similar Sized Companies?
Our data indicates that Astral Poly Technik Limited is worth ₹175b, and total annual CEO compensation was reported as ₹51m for the year to March 2019. We note that's an increase of 18% above last year. While we always look at total compensation first, we note that the salary component is less, at ₹29m. When we examined a selection of companies with market caps ranging from ₹142b to ₹455b, we found the median CEO total compensation was ₹57m.
So Sandeep Engineer is paid around the average of the companies we looked at. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance.
You can see a visual representation of the CEO compensation at Astral Poly Technik, below.
Is Astral Poly Technik Limited Growing?
Astral Poly Technik Limited has increased its earnings per share (EPS) by an average of 22% a year, over the last three years (using a line of best fit). Its revenue is up 19% over last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's a real positive to see this sort of growth in a single year. That suggests a healthy and growing business. Shareholders might be interested in this free visualization of analyst forecasts.
Has Astral Poly Technik Limited Been A Good Investment?
Boasting a total shareholder return of 232% over three years, Astral Poly Technik Limited has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
Sandeep Engineer is paid around the same as most CEOs of similar size companies.
The company is growing earnings per share and total shareholder returns have been pleasing. Although the pay is a normal amount, some shareholders probably consider it fair or modest, given the good performance of the stock. CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling Astral Poly Technik (free visualization of insider trades).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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 email@example.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.