Elgi Equipments Limited

BSE:522074 Stock Report

Market Cap: ₹180.2b

Elgi Equipments Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jairam Varadaraj

Chief executive officer

₹23.4m

Total compensation

CEO salary percentage99.6%
CEO tenure32.5yrs
CEO ownership8.9%
Management average tenure1.6yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jairam Varadaraj's remuneration changed compared to Elgi Equipments's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹3b

Mar 31 2024₹23m₹23m

₹3b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹21m₹20m

₹4b

Dec 31 2022n/an/a

₹3b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹18m₹17m

₹2b

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹16m₹13m

₹1b

Dec 31 2020n/an/a

₹602m

Sep 30 2020n/an/a

₹384m

Jun 30 2020n/an/a

₹168m

Mar 31 2020₹17mn/a

₹426m

Compensation vs Market: Jairam's total compensation ($USD277.43K) is below average for companies of similar size in the Indian market ($USD484.99K).

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

CEO

Jairam Varadaraj (63 yo)

32.5yrs

Tenure

₹23,431,731

Compensation

Dr. Jairam Varadaraj has been the Managing Director of ELGI Equipments Limited since July 22, 2006 and also serves as its Chief Executive Officer. Dr. Varadaraj has been the Managing Director at ELGI Indus...

Leadership Team

NamePositionTenureCompensationOwnership
Jairam Varadaraj
CEO, MD & Executive Directorno data₹23.43m8.93%
₹ 16.1b
Bheemsingh Melchisedec D
Director of Operations2.8yrsno datano data
K. Venu Madhav
Director of Technologyno datano datano data
Nitesh Jain
Chief Human Resource Officer1.6yrsno datano data
Anvar Varadaraj
Executive Directorno data₹8.82m0.61%
₹ 1.1b
Chris Ringlstetter
President of Europe5.8yrsno datano data
- Premendra
Chief Strategy Officer1.6yrsno datano data
Praveen Tiwari
Managing Director of ATS Elgino datano datano data
Brian Pahl
President of North Americaless than a yearno datano data
Ramesh Ponnuswami
Executive Director of OSEAno datano datano data
Indranil Sen
Chief Financial Officerless than a yearno datano data
Shyam Vasudevan
Vice President of Legal & Secretarialno datano datano data

1.6yrs

Average Tenure

55yo

Average Age

Experienced Management: 522074's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Jairam Varadaraj
CEO, MD & Executive Director32.5yrs₹23.43m8.93%
₹ 16.1b
Anvar Varadaraj
Executive Director4.6yrs₹8.82m0.61%
₹ 1.1b
Sudarsan Varadaraj
Non-Executive Non-Independent Director31yrs₹80.00k0.090%
₹ 162.4m
Srinivasan Ravindran
Non-Executive Independent Directorless than a yearno data0.000060%
₹ 108.1k
Aruna Thangaraj
Independent Director5.5yrs₹380.00kno data
Suman Das
Non-Executive Independent Directorless than a yearno datano data
Srinivasan Krishnamurthi
Non-Executive Independent Directorless than a yearno datano data

4.6yrs

Average Tenure

61yo

Average Age

Experienced Board: 522074's board of directors are considered experienced (4.6 years average tenure).