![Jairam Varadaraj](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Jairam Varadaraj
Chief Executive Officer at
ELGI EQUIPMENTS LIMITED
Net worth: 170 M $ as of 2026-05-30
Profile
Jairam Varadaraj is currently Chairman at ATS Elgi Ltd. since 2007.
Managing Director & Executive Director at ELGI Equipments Ltd. since 1992.
Director at Elgi Ultra Industries Ltd., Rubber Resources BV, Dark Horse Portfolio Investment Ltd., Coaching Foundation India Ltd., Titan Tyrecare Products Ltd., Tyre Point Pvt Ltd., Treadsdirect Ltd. (Kenya), Treadsdirect Ltd. (Srilanka), Adisons Precision Instrument Manufacturing Co. Ltd., Elgi Sauer Compressors Ltd., Treadsdirect, LLC, Elgitread India Ltd., Elgi Ultra Pvt Ltd., Rotair SpA, Patton's, Inc., Elgi Compressors USA, Inc., F.R.
Pulford & Son Pty Ltd., PT Elgi Equipments Indonesia, Elgi Rubber Co. Ltd. (Kenya), and Elgi Rubber Co. Ltd. Managing Director at ELGi Compressors Europe SRL.
Independent Non-Executive Director at Magna Electro Castings Ltd. since 2004.
Managing Director at Elgi Finance Ltd. since 1992.
Non-Independent Non-Executive Director at Elgi Rubber Co. Ltd. since 2011.
Former roles include Independent Non-Executive Director at Precot Ltd. from 2002 to 2023, Independent Non-Executive Director at Thermax Ltd. from 2003 to 2024, Director at Elgi Rubber Co. Ltd., Director at Treadsdirect Ltd., and Member-Southern Region Council at Confederation of Indian Industry (Tamil Nadu).
Education includes an MBA from George Washington University and a doctorate from the University of Michigan.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2025-08-24 | 28,221,616 ( 8.91% ) | 170 M $ | 2026-05-30 |
Jairam Varadaraj active positions
| Companies | Position | Start |
|---|---|---|
| MAGNA ELECTRO CASTINGS LIMITED | Director/Board Member | 2004-10-27 |
| ELGI EQUIPMENTS LIMITED | Chief Executive Officer | 1992-05-28 |
| ELGI RUBBER COMPANY LIMITED | Director/Board Member | 2011-05-31 |
Rubber Resources BV
 Rubber Resources BV Wholesale DistributorsDistribution Services Engages in recycling polymers | Director/Board Member | - |
F.R. Pulford & Son Pty Ltd.
 F.R. Pulford & Son Pty Ltd. Industrial MachineryProducer Manufacturing Provides air compressors, gas generation and air filtration equipment | Director/Board Member | - |
Patton's, Inc.
 Patton's, Inc. Wholesale DistributorsDistribution Services Distributes compressed air, gas and vacuum systems | Director/Board Member | - |
Elgi Compressors USA, Inc.
 Elgi Compressors USA, Inc. Industrial MachineryProducer Manufacturing Manufactures and markets air compressors | Director/Board Member | - |
Rotair SpA
 Rotair SpA Industrial MachineryProducer Manufacturing Designs, manufactures and distributes compressors & material handling equipment | Director/Board Member | - |
Elgi Rubber Co. Ltd. /Srilanka/ | Director/Board Member | - |
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Former positions of Jairam Varadaraj
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Training of Jairam Varadaraj
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
45
1st degree connections
33
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 33 |
|---|---|
Elgi Rubber Co. Ltd. /Old/
 Elgi Rubber Co. Ltd. /Old/ Other Consumer ServicesConsumer Services Manufactures retreading machinery and other rubber products | Consumer Services |
Thermax Ltd.
 Thermax Ltd. Industrial MachineryProducer Manufacturing Provides engineering solutions to the energy and environment sectors | Producer Manufacturing |
George Washington University
 George Washington University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
ELGI Equipments Ltd.
 ELGI Equipments Ltd. Industrial MachineryProducer Manufacturing Manufactures and markets air compressors and automotive equipment | Producer Manufacturing |
University of Michigan
 University of Michigan Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Elgi Ultra Industries Ltd.
 Elgi Ultra Industries Ltd. Miscellaneous ManufacturingProducer Manufacturing Manufactures kitchen cookware and utensils & sells through online | Producer Manufacturing |
Rubber Resources BV
Rubber Resources BV Wholesale DistributorsDistribution Services Engages in recycling polymers | Distribution Services |
Dark Horse Portfolio Investment Ltd.
 Dark Horse Portfolio Investment Ltd. Financial ConglomeratesFinance Functions as an investment holding company | Finance |
Magna Electro Castings Ltd.
 Magna Electro Castings Ltd. Metal FabricationProducer Manufacturing Manufactures ductile iron and gray iron casting | Producer Manufacturing |
ATS Elgi Ltd.
 ATS Elgi Ltd. Industrial ConglomeratesProducer Manufacturing Manufactures and distributes automotive service equipment | Producer Manufacturing |
Rotair SpA
Rotair SpA Industrial MachineryProducer Manufacturing Designs, manufactures and distributes compressors & material handling equipment | Producer Manufacturing |
Elgi Finance Ltd.
 Elgi Finance Ltd. Investment Banks/BrokersFinance Provides financial services | Finance |
Precot Ltd.
 Precot Ltd. TextilesProcess Industries Manufactures and wholesales yarn and technical textile products | Process Industries |
Coaching Foundation India Ltd. | |
Treadsdirect Ltd.
 Treadsdirect Ltd. Automotive AftermarketConsumer Durables Provides retreading solutions | Consumer Durables |
Elgi Rubber Co. Ltd.
 Elgi Rubber Co. Ltd. Miscellaneous ManufacturingProducer Manufacturing Manufactures reclaimed rubber and allied activities | Producer Manufacturing |
Titan Tyrecare Products Ltd. | |
Tyre Point Pvt Ltd. | |
Treadsdirect Ltd. (Kenya) | |
Treadsdirect Ltd. (Srilanka) | |
Adisons Precision Instrument Manufacturing Co. Ltd. | |
Elgi Sauer Compressors Ltd.
 Elgi Sauer Compressors Ltd. Industrial MachineryProducer Manufacturing Manufactures high pressure air and gas compressors | Producer Manufacturing |
Patton's, Inc.
Patton's, Inc. Wholesale DistributorsDistribution Services Distributes compressed air, gas and vacuum systems | Distribution Services |
Elgi Compressors USA, Inc.
Elgi Compressors USA, Inc. Industrial MachineryProducer Manufacturing Manufactures and markets air compressors | Producer Manufacturing |
Treadsdirect, LLC
 Treadsdirect, LLC MiscellaneousMiscellaneous Operates as a non-classified establishment | Miscellaneous |
Confederation of Indian Industry (Tamil Nadu) | |
Elgitread India Ltd.
 Elgitread India Ltd. Miscellaneous ManufacturingProducer Manufacturing Manufactures rubber products | Producer Manufacturing |
F.R. Pulford & Son Pty Ltd.
F.R. Pulford & Son Pty Ltd. Industrial MachineryProducer Manufacturing Provides air compressors, gas generation and air filtration equipment | Producer Manufacturing |
PT Elgi Equipments Indonesia | |
Elgi Rubber Co. Ltd. (Kenya) | |
Elgi Rubber Co. Ltd. /Srilanka/ | |
Elgi Ultra Ltd. | |
ELGi Compressors Europe SRL
 ELGi Compressors Europe SRL Industrial MachineryProducer Manufacturing Manufactures and distributes compressors | Producer Manufacturing |
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