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 percentage | 99.6% |
| CEO tenure | 32.5yrs |
| CEO ownership | 8.9% |
| Management average tenure | 1.6yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Earnings Update: Elgi Equipments Limited (NSE:ELGIEQUIP) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Nov 14
Pinning Down Elgi Equipments Limited's (NSE:ELGIEQUIP) P/E Is Difficult Right Now
Nov 12Returns On Capital Are A Standout For Elgi Equipments (NSE:ELGIEQUIP)
Oct 22Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?
Sep 08Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be ₹2.00
Jul 22Earnings Not Telling The Story For Elgi Equipments Limited (NSE:ELGIEQUIP) After Shares Rise 30%
Jul 05Elgi Equipments (NSE:ELGIEQUIP) Will Pay A Dividend Of ₹2.00
Jun 30Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)
Jun 20Elgi Equipments (NSE:ELGIEQUIP) Has Announced A Dividend Of ₹2.00
Jun 02Earnings Miss: Elgi Equipments Limited Missed EPS By 6.1% And Analysts Are Revising Their Forecasts
Jun 01Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
May 29Elgi Equipments Limited's (NSE:ELGIEQUIP) Shareholders Might Be Looking For Exit
May 11Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today
Apr 05Elgi Equipments (NSE:ELGIEQUIP) Is Very Good At Capital Allocation
Mar 18Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Feb 16What Elgi Equipments Limited's (NSE:ELGIEQUIP) 27% Share Price Gain Is Not Telling You
Feb 09These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well
Dec 27Elgi Equipments (NSE:ELGIEQUIP) Knows How To Allocate Capital Effectively
Dec 12Here's Why Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt Responsibly
Sep 19Investors Shouldn't Overlook Elgi Equipments' (NSE:ELGIEQUIP) Impressive Returns On Capital
Sep 01Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be Increased To ₹2.00
Jul 07These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Safely
Jun 06Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹2.00
May 22Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)
Apr 03Do Elgi Equipments' (NSE:ELGIEQUIP) Earnings Warrant Your Attention?
Feb 23Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
Jan 22Returns On Capital Are A Standout For Elgi Equipments (NSE:ELGIEQUIP)
Dec 22If EPS Growth Is Important To You, Elgi Equipments (NSE:ELGIEQUIP) Presents An Opportunity
Nov 20Is It Time To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Oct 12Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
Sep 27Elgi Equipments (NSE:ELGIEQUIP) Is Investing Its Capital With Increasing Efficiency
Aug 27Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15
Aug 02Elgi Equipments (NSE:ELGIEQUIP) Is Paying Out A Larger Dividend Than Last Year
Jul 17Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Is Well Worth Watching
Jul 16Is Now The Time To Look At Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Jun 17Elgi Equipments (NSE:ELGIEQUIP) Could Easily Take On More Debt
Jun 05Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15
May 24Elgi Equipments (NSE:ELGIEQUIP) Might Have The Makings Of A Multi-Bagger
May 18Here's Why I Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today
Apr 02Is It Too Late To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Mar 17Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?
Feb 21Returns At Elgi Equipments (NSE:ELGIEQUIP) Appear To Be Weighed Down
Feb 08Should You Be Adding Elgi Equipments (NSE:ELGIEQUIP) To Your Watchlist Today?
Dec 17At ₹296, Is It Time To Put Elgi Equipments Limited (NSE:ELGIEQUIP) On Your Watch List?
Dec 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹3b |
| Jun 30 2024 | n/a | n/a | ₹3b |
| Mar 31 2024 | ₹23m | ₹23m | ₹3b |
| Dec 31 2023 | n/a | n/a | ₹4b |
| Sep 30 2023 | n/a | n/a | ₹4b |
| Jun 30 2023 | n/a | n/a | ₹4b |
| Mar 31 2023 | ₹21m | ₹20m | ₹4b |
| Dec 31 2022 | n/a | n/a | ₹3b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹2b |
| Mar 31 2022 | ₹18m | ₹17m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹1b |
| Sep 30 2021 | n/a | n/a | ₹1b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹16m | ₹13m | ₹1b |
| Dec 31 2020 | n/a | n/a | ₹602m |
| Sep 30 2020 | n/a | n/a | ₹384m |
| Jun 30 2020 | n/a | n/a | ₹168m |
| Mar 31 2020 | ₹17m | n/a | ₹426m |
Compensation vs Market: Jairam's total compensation ($USD277.60K) is below average for companies of similar size in the Indian market ($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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | no data | ₹23.43m | 8.93% ₹ 16.1b | |
| Director of Operations | 2.8yrs | no data | no data | |
| Director of Technology | no data | no data | no data | |
| Chief Human Resource Officer | 1.6yrs | no data | no data | |
| Executive Director | no data | ₹8.82m | 0.61% ₹ 1.1b | |
| President of Europe | 5.8yrs | no data | no data | |
| Chief Strategy Officer | 1.6yrs | no data | no data | |
| Managing Director of ATS Elgi | no data | no data | no data | |
| President of North America | less than a year | no data | no data | |
| Executive Director of OSEA | no data | no data | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Vice President of Legal & Secretarial | no data | no data | no data |
1.6yrs
Average Tenure
55yo
Average Age
Experienced Management: ELGIEQUIP's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 32.5yrs | ₹23.43m | 8.93% ₹ 16.1b | |
| Executive Director | 4.6yrs | ₹8.82m | 0.61% ₹ 1.1b | |
| Non-Executive Non-Independent Director | 31yrs | ₹80.00k | 0.090% ₹ 162.4m | |
| Non-Executive Independent Director | less than a year | no data | 0.000060% ₹ 108.1k | |
| Independent Director | 5.5yrs | ₹380.00k | no data | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Non-Executive Independent Director | less than a year | no data | no data |
4.6yrs
Average Tenure
61yo
Average Age
Experienced Board: ELGIEQUIP's board of directors are considered experienced (4.6 years average tenure).