Elgi Equipments Limited

BSE:522074 Stock Report

Market Cap: ₹167.3b

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 tenure32.7yrs
CEO ownership8.9%
Management average tenure1yr
Board average tenure4.8yrs

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 ($USD270.75K) is below average for companies of similar size in the Indian market ($USD477.06K).

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

CEO

Jairam Varadaraj (63 yo)

32.7yrs

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%
₹ 14.9b
Anvar Varadaraj
COO & Executive Director1yr₹8.82m0.61%
₹ 1.0b
K. Venu Madhav
Director of Technologyno datano datano data
Nitesh Jain
Chief Human Resource Officer1.8yrsno datano data
Chris Ringlstetter
President of Europe6yrsno datano data
- Premendra
Chief Strategy Officer1.8yrsno datano data
Praveen Tiwari
Managing Director of ATS Elgino datano datano data
Brian Pahl
President of North America1yrno 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
Devika Sathyanarayana
Company Secretary & Compliance Officerless than a yearno datano data

1.0yrs

Average Tenure

55yo

Average Age

Experienced Management: 522074's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Jairam Varadaraj
CEO, MD & Executive Director32.7yrs₹23.43m8.93%
₹ 14.9b
Anvar Varadaraj
COO & Executive Director4.8yrs₹8.82m0.61%
₹ 1.0b
Sudarsan Varadaraj
Non-Executive Non-Independent Director31.2yrs₹80.00k0.090%
₹ 150.8m
Srinivasan Ravindran
Non-Executive Independent Directorless than a yearno data0.000060%
₹ 100.4k
Aruna Thangaraj
Independent Director5.7yrs₹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

4.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 522074's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 11:26
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Elgi Equipments Limited is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bhargav BuddhadevAmbit Capital
Nishit MasterAnand Rathi Shares and Stock Brokers Limited
null nullAsian Markets Securities Private Limited