Elgi Rubber Company Limited

NSEI:ELGIRUBCO Stock Report

Market Cap: ₹2.4b

Elgi Rubber Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sudarsan Varadaraj

Chief executive officer

₹7.9m

Total compensation

CEO salary percentage85.55%
CEO tenure19.6yrs
CEO ownership47.1%
Management average tenure5.5yrs
Board average tenure1.8yrs

Recent management updates

Analysis Article Aug 05

Elgi Rubber Company Limited's (NSE:ELGIRUBCO) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights Elgi Rubber's Annual General Meeting to take place on 11th of August Salary of ₹6.75m is part of CEO...

Recent updates

Analysis Article Dec 06

Revenues Working Against Elgi Rubber Company Limited's (NSE:ELGIRUBCO) Share Price Following 26% Dive

The Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) share price has fared very poorly over the last month, falling by a...
Analysis Article Nov 18

Is Elgi Rubber (NSE:ELGIRUBCO) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 29

Elgi Rubber Company Limited's (NSE:ELGIRUBCO) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) shares have had a really impressive month, gaining 28% after a shaky...
Analysis Article Aug 05

Elgi Rubber Company Limited's (NSE:ELGIRUBCO) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights Elgi Rubber's Annual General Meeting to take place on 11th of August Salary of ₹6.75m is part of CEO...
Analysis Article May 09

Returns At Elgi Rubber (NSE:ELGIRUBCO) Are On The Way Up

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Feb 14

Why We're Not Concerned Yet About Elgi Rubber Company Limited's (NSE:ELGIRUBCO) 25% Share Price Plunge

The Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) share price has fared very poorly over the last month, falling by a...
Analysis Article Feb 12

Does Elgi Rubber (NSE:ELGIRUBCO) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 27

Earnings Tell The Story For Elgi Rubber Company Limited (NSE:ELGIRUBCO) As Its Stock Soars 34%

The Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) share price has done very well over the last month, posting an...
Analysis Article Nov 06

Market Might Still Lack Some Conviction On Elgi Rubber Company Limited (NSE:ELGIRUBCO) Even After 26% Share Price Boost

Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) shares have continued their recent momentum with a 26% gain in the last...
Analysis Article Aug 13

Elgi Rubber Company Limited's (NSE:ELGIRUBCO) P/E Is Still On The Mark Following 27% Share Price Bounce

Despite an already strong run, Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) shares have been powering on, with a gain...
Analysis Article Jun 07

Elgi Rubber Company Limited (NSE:ELGIRUBCO) Soars 30% But It's A Story Of Risk Vs Reward

Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) shareholders have had their patience rewarded with a 30% share price jump...
Analysis Article Jun 05

Returns On Capital Are Showing Encouraging Signs At Elgi Rubber (NSE:ELGIRUBCO)

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Nov 22

We Think You Should Be Aware Of Some Concerning Factors In Elgi Rubber's (NSE:ELGIRUBCO) Earnings

Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) just released a solid earnings report, and the stock displayed some...
Analysis Article Sep 15

Elgi Rubber (NSE:ELGIRUBCO) Might Have The Makings Of A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Jul 26

Here's Why Elgi Rubber (NSE:ELGIRUBCO) Is Weighed Down By Its Debt Load

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 17

Is Elgi Rubber (NSE:ELGIRUBCO) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 11

Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 01

Elgi Rubber (NSE:ELGIRUBCO) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 30

Could Elgi Rubber Company Limited (NSE:ELGIRUBCO) Have The Makings Of Another Dividend Aristocrat?

Is Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) a good dividend stock? How can we tell? Dividend paying companies with...
Analysis Article Feb 28

Should You Take Comfort From Insider Transactions At Elgi Rubber Company Limited (NSE:ELGIRUBCO)?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...
Analysis Article Feb 02

What Can We Conclude About Elgi Rubber's (NSE:ELGIRUBCO) CEO Pay?

Sudarsan Varadaraj is the CEO of Elgi Rubber Company Limited ( NSE:ELGIRUBCO ), and in this article, we analyze the...
Analysis Article Jan 06

Is Elgi Rubber Company Limited (NSE:ELGIRUBCO) A Good Fit For Your Dividend Portfolio?

Is Elgi Rubber Company Limited ( NSE:ELGIRUBCO ) a good dividend stock? How can we tell? Dividend paying companies with...
Analysis Article Dec 11

Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

CEO Compensation Analysis

How has Sudarsan Varadaraj's remuneration changed compared to Elgi Rubber's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-₹532m

Sep 30 2025n/an/a

-₹280m

Jun 30 2025n/an/a

-₹262m

Mar 31 2025₹8m₹7m

-₹44m

Dec 31 2024n/an/a

₹110m

Sep 30 2024n/an/a

₹125m

Jun 30 2024n/an/a

₹269m

Mar 31 2024₹8m₹7m

₹117m

Dec 31 2023n/an/a

-₹27m

Sep 30 2023n/an/a

₹162m

Jun 30 2023n/an/a

₹116m

Mar 31 2023₹9m₹7m

₹68m

Dec 31 2022n/an/a

₹211m

Sep 30 2022n/an/a

-₹14m

Jun 30 2022n/an/a

-₹118m

Mar 31 2022₹8m₹7m

-₹164m

Dec 31 2021n/an/a

-₹156m

Sep 30 2021n/an/a

₹15m

Jun 30 2021n/an/a

₹74m

Mar 31 2021₹8m₹7m

₹11m

Dec 31 2020n/an/a

-₹50m

Sep 30 2020n/an/a

-₹226m

Jun 30 2020n/an/a

-₹261m

Mar 31 2020₹7m₹7m

-₹152m

Compensation vs Market: Sudarsan's total compensation ($USD82.42K) is above average for companies of similar size in the Indian market ($USD42.76K).

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


CEO

Sudarsan Varadaraj (67 yo)

19.6yrs
Tenure
₹7,890,000
Compensation

Mr. Sudarsan Varadaraj is Independent Director of Magna Electro Castings Limited from September 25, 2024. Mr. Varadaraj was Additional Independent Director of Magna Electro Castings Limited from August 19,...


Leadership Team

NamePositionTenureCompensationOwnership
Sudarsan Varadaraj
Chairman & MDno data₹7.89m47.09%
₹ 1.1b
S. Venkatachalam
Chief Financial Officer8.3yrs₹4.40mno data
Faizur Allaudeen
Company Secretary & Compliance Officer2.8yrs₹750.00kno data
Harsha Varadaraj
Whole-Time Director5.5yrs₹2.86m4.5%
₹ 108.7m
Satish Kumar
Vice President of Salesno datano datano data
5.5yrs
Average Tenure

Experienced Management: ELGIRUBCO's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sudarsan Varadaraj
Chairman & MD19.6yrs₹7.89m47.09%
₹ 1.1b
Harsha Varadaraj
Whole-Time Director5.5yrs₹2.86m4.5%
₹ 108.7m
Jairam Varadaraj
Non-Executive Director15.3yrs₹30.00k0.28%
₹ 6.8m
Ramani Shankar
Non-Executive Independent Director1.7yrs₹50.00kno data
Sarathraj Selvakumar
Non-Executive Independent Director1.8yrs₹50.00k0.000020%
₹ 483.1
Parvathi Srinivasan
Non-Executive Independent Director1.7yrs₹50.00kno data
Ashty David
Independent Non-Executive Director1yrno datano data
1.8yrs
Average Tenure
55yo
Average Age

Experienced Board: ELGIRUBCO's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 23:53
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

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

Elgi Rubber Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.