ESAB India
- Market cap
- ₹ 8,185 Cr.
- P/E
- 152x
- P/B
- 19.32x
- 52-week range
- 4,710 – 7,319.5
- ROE
- 49%
- ROCE
- 65%
- Dividend yield
- 1.4%
- Debt / equity
- 0.01
- Sector
- Industrial Products
- Industry
- Other Industrial Products
- Listed on
- NSE, BSE
About
ESAB India Limited is an India-based company, which is engaged in the business of fabrication technology. Its product line includes accessories and consumables, cutting automation, filler metals, gas equipment, manual plasma cutting, PPE / safety, robotics, torches, welding automation, and welding equipment. Its Robotics products include cobot equipment, robotic feeders, robotic power sources, robotic torch cleaning stations, robotic torches, software, and weld data monitoring. Its Cutting Automation products include controls, cutting machines, gas cutting torches, plasma systems, beveling, drilling, and software. Its Gas Equipment products include Cutting Machines, H/VAC and Plumbing, Outfits, Regulators, Safety Accessories, Straight Torches, and Wear Parts. Its Filler Metals products include MIG Wires / TIG Rods, Self-Shielded Flux-Cored Wires, and others. Its brands include Alcotec, AMI, Arcair, Cigweld, Conarco, Condor, Exaton, Ewac, Firepower, Gasarc, GCE, InduSuite, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Industrial Products: 57 companies →ESAB India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)152 against a typical 22.5: pricier than most peers (1st = cheapest).53rd of 56
- Sales growth+19.6% against a typical +17.6% from a year earlier.19th of 42
- Profit growth+36.6% against a typical −2.6% from a year earlier.12th of 41
- Share price, 3 months−5.9% against a typical −4.6%.26th of 49
- Size₹ 8,185.3 Cr. market value against a typical ₹ 127.7 Cr. (1st = largest).3rd of 54
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Nov 2026Upcoming | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2026 and dividend |
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 27 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 10 Feb 2026 | Financial Results/Dividend | Notice is hereby given that a meeting of the Board of Directors of the Company will be held on Tuesday the 10th February 2026, to take on record the Unaudited Financial Results for the quarter ended 31st December 2025. We hereby inform you that the Board of Directors based on the unaudited financial results may recommend Second Interim Dividend for the financial year ending 31st March 2026, if any, to the equity shareholders of the Company. The Unaudited Financial Results for the quarter ending 31st December 2025 will be sent to you within the prescribed timeline of closure of the Board Meeting. The unaudited financial results will be published in (i) Business Standard In English (ii) Makkal Kural In Tamil. |
| 10 Nov 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, -2025 |
| 27 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 303 | 301 | 341 | 330 | 339 | 337 | 368 | 352 | 382 | 379 | 396 | 421 |
| Expenses | 249 | 248 | 279 | 268 | 277 | 282 | 302 | 293 | 309 | 303 | 333 | 342 |
| Operating Profit | 54 | 54 | 62 | 62 | 61 | 55 | 66 | 59 | 72 | 76 | 63 | 79 |
| OPM % | 18% | 18% | 18% | 19% | 18% | 16% | 18% | 17% | 19% | 20% | 16% | 19% |
| Other Income | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 33 | −13 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 0 |
| Depreciation | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 |
| Profit before tax | 52 | 51 | 60 | 60 | 59 | 55 | 63 | 55 | 101 | 58 | 60 | 76 |
| Tax % | 26% | 26% | 26% | 26% | 27% | 26% | 24% | 26% | 22% | 26% | 27% | 26% |
| Net Profit | 38 | 38 | 44 | 44 | 43 | 40 | 47 | 41 | 79 | 43 | 44 | 56 |
| EPS in Rs | 24.95 | 24.65 | 28.75 | 28.88 | 28.04 | 26.23 | 30.81 | 26.6 | 51.45 | 27.93 | 28.29 | 36.47 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 17%
- 3 Years
- 11%
- TTM
- 13%
- 10 Years
- 21%
- 5 Years
- 27%
- 3 Years
- 13%
- TTM
- 20%
- 10 Years
- 26%
- 5 Years
- 26%
- 3 Years
- 3%
- TTM
- —
- 10 Years
- 32%
- 5 Years
- 49%
- 3 Years
- 52%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| ESAB India | ₹ 5,249.00 | ₹ 8,185 Cr. | 152x | 19.3x | 49% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
| VST Tillers Tractors | ₹ 3,903.30 | ₹ 3,357 Cr. | 37.5x | 3.6x | 10% | 8.4% |
Management
- Bhuvarahan Mohan
- Chief Financial Officer, Executive Director
- Ganeshsingh Balaji
- Compliance Officer, Company Secretary
- Rohit Gambhir
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.