In This Article:
The CEO of Premier Polyfilm Ltd. (NSE:PREMIERPOL) is Amar Goenka. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we'll consider growth that the business demonstrates. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for Premier Polyfilm
How Does Amar Goenka's Compensation Compare With Similar Sized Companies?
According to our data, Premier Polyfilm Ltd. has a market capitalization of ₹509m, and pays its CEO total annual compensation worth ₹3.7m. (This figure is for the year to March 2018). While we always look at total compensation first, we note that the salary component is less, at ₹1.6m. We looked at a group of companies with market capitalizations under ₹14b, and the median CEO total compensation was ₹1.3m.
Thus we can conclude that Amar Goenka receives more in total compensation than the median of a group of companies in the same market, and of similar size to Premier Polyfilm Ltd.. However, this doesn't necessarily mean the pay is too high. We can better assess whether the pay is overly generous by looking into the underlying business performance.
You can see, below, how CEO compensation at Premier Polyfilm has changed over time.
Is Premier Polyfilm Ltd. Growing?
On average over the last three years, Premier Polyfilm Ltd. has grown earnings per share (EPS) by 7.3% each year (using a line of best fit). In the last year, its revenue is up 26%.
It's hard to interpret the strong revenue growth as anything other than a positive. And in that context, the modest EPS improvement certainly isn't shabby. I'd stop short of saying the business performance is amazing, but there are enough positives to justify further research, or even adding the stock to your watch-list. We don't have analyst forecasts, but shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Premier Polyfilm Ltd. Been A Good Investment?
With a total shareholder return of 28% over three years, Premier Polyfilm Ltd. shareholders would, in general, be reasonably content. But they would probably prefer not to see CEO compensation far in excess of the median.
In Summary...
We examined the amount Premier Polyfilm Ltd. pays its CEO, and compared it to the amount paid by similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.