Electrovaya Inc.

TSX:ELVA Stock Report

Market Cap: CA$148.3m

Electrovaya Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Raj Gupta

Chief executive officer

US$516.7k

Total compensation

CEO salary percentage39.7%
CEO tenure3yrs
CEO ownership0.6%
Management average tenure3yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

Is Electrovaya (TSE:ELVA) Using Too Much Debt?

Mar 19
Is Electrovaya (TSE:ELVA) Using Too Much Debt?

There's Been No Shortage Of Growth Recently For Electrovaya's (TSE:ELVA) Returns On Capital

Mar 05
There's Been No Shortage Of Growth Recently For Electrovaya's (TSE:ELVA) Returns On Capital

Electrovaya Inc. (TSE:ELVA) Stock Rockets 26% But Many Are Still Ignoring The Company

Nov 26
Electrovaya Inc. (TSE:ELVA) Stock Rockets 26% But Many Are Still Ignoring The Company

Not Many Are Piling Into Electrovaya Inc. (TSE:ELVA) Just Yet

Sep 16
Not Many Are Piling Into Electrovaya Inc. (TSE:ELVA) Just Yet

Electrovaya Inc. (TSE:ELVA) Analysts Are Reducing Their Forecasts For Next Year

Aug 15
Electrovaya Inc. (TSE:ELVA) Analysts Are Reducing Their Forecasts For Next Year

Here's Why Electrovaya (TSE:ELVA) Has A Meaningful Debt Burden

Aug 03
Here's Why Electrovaya (TSE:ELVA) Has A Meaningful Debt Burden

Market Cool On Electrovaya Inc.'s (TSE:ELVA) Revenues

May 21
Market Cool On Electrovaya Inc.'s (TSE:ELVA) Revenues

These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively

Dec 05
These 4 Measures Indicate That Electrovaya (TSE:ELVA) Is Using Debt Extensively

Is Electrovaya (TSE:ELVA) A Risky Investment?

Aug 30
Is Electrovaya (TSE:ELVA) A Risky Investment?

CEO Compensation Analysis

How has Raj Gupta's remuneration changed compared to Electrovaya's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-US$2m

Sep 30 2024US$517kUS$205k

-US$1m

Jun 30 2024n/an/a

US$592k

Mar 31 2024n/an/a

US$359k

Dec 31 2023n/an/a

US$894k

Sep 30 2023US$2mUS$208k

-US$1m

Jun 30 2023n/an/a

-US$7m

Mar 31 2023n/an/a

-US$8m

Dec 31 2022n/an/a

-US$10m

Sep 30 2022US$278kUS$157k

-US$9m

Jun 30 2022n/an/a

-US$8m

Mar 31 2022n/an/a

-US$8m

Dec 31 2021n/an/a

-US$8m

Sep 30 2021US$3mUS$159k

-US$8m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

US$419k

Dec 31 2020n/an/a

US$1m

Sep 30 2020US$307kUS$126k

US$1m

Jun 30 2020n/an/a

-US$675k

Mar 31 2020n/an/a

-US$7m

Dec 31 2019n/an/a

-US$8m

Sep 30 2019US$527kUS$113k

-US$3m

Jun 30 2019n/an/a

-US$3m

Mar 31 2019n/an/a

-US$4m

Dec 31 2018n/an/a

-US$5m

Sep 30 2018US$96kUS$96k

-US$10m

Compensation vs Market: Raj's total compensation ($USD516.73K) is above average for companies of similar size in the Canadian market ($USD169.82K).

Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.

CEO

Raj Gupta

3yrs

Tenure

US$516,733

Compensation

Dr. Rajshekar Das Gupta, also known as Raj, Ph. D., serves as Chief Executive Officer and Director of Electrovaya Inc. from May 2022. He is Co-Founder of Electrovaya Inc. He Joined Electrovaya Inc. in 2009...

Leadership Team

NamePositionTenureCompensationOwnership
Sankar Gupta
Executive Chairman29.3yrsUS$313.99k25.68%
CA$ 38.1m
Rajshekar Gupta
CEO & Director3yrsUS$516.73k0.61%
CA$ 910.4k
James Jacobs
Co-Founder & Directorno dataUS$31.15k1.19%
CA$ 1.8m
Francis Gibson
CFO & Secretary2.9yrsUS$350.67k0.0086%
CA$ 12.7k
Jason Roy
Vice President of Corporate Development & Investor Relationsno datano datano data
Jeremy Dang
Vice President of Business & Project Developmentno datano datano data

3.0yrs

Average Tenure

Experienced Management: ELVA's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sankar Gupta
Executive Chairman29.3yrsUS$313.99k25.68%
CA$ 38.1m
Rajshekar Gupta
CEO & Director3yrsUS$516.73k0.61%
CA$ 910.4k
James Jacobs
Co-Founder & Director7.2yrsUS$31.15k1.19%
CA$ 1.8m
Donald Sadoway
Directorless than a yearno datano data
Carolyn Hansson
Independent Director8.3yrsUS$31.15k0.62%
CA$ 925.0k
Kartick Kumar
Independent Director4.3yrsUS$31.15k0.000030%
CA$ 44.5

5.8yrs

Average Tenure

75yo

Average Age

Experienced Board: ELVA's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/05 08:27
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Electrovaya Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carter DriscollB. Riley Securities, Inc.
Michael WillemseCIBC Capital Markets
Bryce DilleCitizens JMP Securities, LLC