Elgi Rubber Company Limited

NSEI:ELGIRUBCO Stock Report

Market Cap: ₹5.9b

Elgi Rubber Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Sudarsan Varadaraj

Chief executive officer

₹8.3m

Total compensation

CEO salary percentage84.8%
CEO tenure18.2yrs
CEO ownership47.1%
Management average tenure4.1yrs
Board average tenure10.4yrs

Recent management updates

Recent updates

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

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

Aug 13
Elgi Rubber Company Limited's (NSE:ELGIRUBCO) P/E Is Still On The Mark Following 27% Share Price Bounce

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

Jun 07
Elgi Rubber Company Limited (NSE:ELGIRUBCO) Soars 30% But It's A Story Of Risk Vs Reward

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

Jun 05
Returns On Capital Are Showing Encouraging Signs At Elgi Rubber (NSE:ELGIRUBCO)

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

Nov 22
We Think You Should Be Aware Of Some Concerning Factors In Elgi Rubber's (NSE:ELGIRUBCO) Earnings

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

Sep 15
Elgi Rubber (NSE:ELGIRUBCO) Might Have The Makings Of A Multi-Bagger

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

Jul 26
Here's Why Elgi Rubber (NSE:ELGIRUBCO) Is Weighed Down By Its Debt Load

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

Jun 17
Is Elgi Rubber (NSE:ELGIRUBCO) Using Too Much Debt?

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

Jan 11
Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

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

Sep 01
Elgi Rubber (NSE:ELGIRUBCO) Has A Somewhat Strained Balance Sheet

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

Apr 30
Could Elgi Rubber Company Limited (NSE:ELGIRUBCO) Have The Makings Of Another Dividend Aristocrat?

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

Feb 28
Should You Take Comfort From Insider Transactions At Elgi Rubber Company Limited (NSE:ELGIRUBCO)?

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

Feb 02
What Can We Conclude About Elgi Rubber's (NSE:ELGIRUBCO) CEO Pay?

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

Jan 06
Is Elgi Rubber Company Limited (NSE:ELGIRUBCO) A Good Fit For Your Dividend Portfolio?

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

Dec 11
Is Elgi Rubber (NSE:ELGIRUBCO) A Risky Investment?

CEO Compensation Analysis

How has Sudarsan Varadaraj's remuneration changed compared to Elgi Rubber's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Dec 31 2019n/an/a

-₹182m

Sep 30 2019n/an/a

-₹137m

Jun 30 2019n/an/a

-₹160m

Mar 31 2019₹7m₹7m

-₹161m

Dec 31 2018n/an/a

-₹42m

Sep 30 2018n/an/a

-₹36m

Jun 30 2018n/an/a

-₹47m

Mar 31 2018₹7m₹7m

-₹56m

Compensation vs Market: Sudarsan's total compensation ($USD97.48K) is above average for companies of similar size in the Indian market ($USD42.29K).

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

CEO

Sudarsan Varadaraj (66 yo)

18.2yrs

Tenure

₹8,300,000

Compensation

Mr. Sudarsan Varadaraj is Additional Independent Director of Magna Electro Castings Limited from August 19, 2024. Mr. Varadaraj served as Non-Executive Independent Director at Kovilpatti Lakshmi Roller Flo...

Leadership Team

NamePositionTenureCompensationOwnership
Sudarsan Varadaraj
Chairman & MDno data₹8.30m47.09%
₹ 2.8b
S. Venkatachalam
Chief Financial Officer6.9yrs₹4.58mno data
Faizur Allaudeen
Company Secretary & Compliance Officer1.3yrs₹825.74kno data
Harsha Varadaraj
Whole-Time Director4.1yrs₹3.43m4.5%
₹ 264.4m
Satish Kumar
Vice President of Salesno datano datano data

4.1yrs

Average Tenure

Experienced Management: ELGIRUBCO's management team is considered experienced (4.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sudarsan Varadaraj
Chairman & MD18.2yrs₹8.30m47.09%
₹ 2.8b
Harsha Varadaraj
Whole-Time Director4.1yrs₹3.43m4.5%
₹ 264.4m
Jairam Varadaraj
Non-Executive Director13.9yrs₹30.00k0.28%
₹ 16.6m
Muthuswamy Selvaraj
Non-Executive Independent Director13.9yrs₹120.00k0.00023%
₹ 13.5k
Panchapakesan Raghunath
Non-Executive Independent Director13.9yrs₹120.00kno data
Ramani Shankar
Non-Executive Independent Directorless than a yearno datano data
Vidyasankar Bhuvaneshwari
Non-Executive Independent Director10.4yrs₹80.00kno data
Sarathraj Selvakumar
Non-Executive Independent Directorless than a yearno data0.000020%
₹ 1.2k
Parvathi Srinivasan
Non-Executive Independent Directorless than a yearno datano data

10.4yrs

Average Tenure

62yo

Average Age

Experienced Board: ELGIRUBCO's board of directors are seasoned and experienced ( 10.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 13:49
End of Day Share Price 2024/12/24 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 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.

AnalystInstitution