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
₹21.1m
Total compensation
| CEO salary percentage | 96.0% |
| CEO tenure | 32yrs |
| CEO ownership | 8.9% |
| Management average tenure | 1.8yrs |
| Board average tenure | 25.5yrs |
Recent management updates
Recent updates
Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today
Apr 05
Elgi 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 05We Think Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt With Ease
Nov 09The Returns At Elgi Equipments (NSE:ELGIEQUIP) Aren't Growing
Aug 01When Should You Buy ELGI Equipments Limited (NSE:ELGIEQUIP)?
Jun 08Is ELGI Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
May 24Investors Who Bought ELGI Equipments (NSE:ELGIEQUIP) Shares Five Years Ago Are Now Up 198%
Mar 18What Type Of Shareholders Make Up ELGI Equipments Limited's (NSE:ELGIEQUIP) Share Registry?
Mar 01Results: ELGI Equipments Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 11Is ELGI Equipments (NSE:ELGIEQUIP) Likely To Turn Things Around?
Feb 01These 4 Measures Indicate That ELGI Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well
Jan 16Are ELGI Equipments's (NSE:ELGIEQUIP) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD252.33K) is below average for companies of similar size in the Indian market ($USD566.16K).
Compensation vs Earnings: Jairam's compensation has been consistent with company performance over the past year.
CEO
Jairam Varadaraj (62 yo)
32yrs
Tenure
₹21,050,070
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 | ₹21.05m | 8.92% ₹ 18.5b | |
| Director of Operations | 2.3yrs | no data | no data | |
| Director of Technology | no data | no data | no data | |
| Senior Manager of Marketing & Corporate Communications and Executive Director | 9.2yrs | ₹4.64m | 0.61% ₹ 1.3b | |
| Executive Officer | less than a year | no data | no data | |
| Executive Director of OSEA | no data | no data | no data | |
| President of Europe | 5.3yrs | no data | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| General Manager of Finance & Accounts | no data | no data | no data | |
| Vice President of Legal & Secretarial | no data | no data | no data | |
| Chief Human Resource Officer | 1.3yrs | no data | no data | |
| Head of Design | no data | no data | no data |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: ELGIEQUIP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 32yrs | ₹21.05m | 8.92% ₹ 18.5b | |
| Senior Manager of Marketing & Corporate Communications and Executive Director | 4.1yrs | ₹4.64m | 0.61% ₹ 1.3b | |
| Non Executive Director | 30.5yrs | ₹90.00k | 0.090% ₹ 187.0m | |
| Independent Non-Executive Director | 31.3yrs | ₹30.00k | 0.032% ₹ 65.6m | |
| Independent Non-Executive Director | 19.7yrs | ₹310.00k | 0.0051% ₹ 10.5m | |
| Independent Non Executive Director | 41.3yrs | ₹300.00k | no data | |
| Independent Non-Executive Director | 20.6yrs | ₹340.00k | no data | |
| Independent Non Executive Director | 5yrs | ₹350.00k | no data |
25.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: ELGIEQUIP's board of directors are seasoned and experienced ( 25.5 years average tenure).