Esab India Limited

Esab India Limited

5,389.50
INR
+98.00
(+1.85%)
144.18EPS
39.66P/E
88.02BMarket Cap
Nov 04Next Earn
2013 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
282.95
- -
292.96
300.61
342.89
432.97
450.64
440.73
578.59
705.2
804.77
887.71
975.77
1,024.88
Basic EPS, GAAP
21.52
- -
18.41
17.45
24.13
37.41
46.39
38.52
54.77
88.14
105.88
113.96
134.28
144.18
Free Cash Flow per Basic Share
16.88
- -
4.98
14.03
8.59
35.74
24.3
40.24
47.64
62.03
73.11
110.99
96.89
- -
Dividend per Share
7.65
- -
1
1
1
91
- -
89
65
78
52
101.58
92
- -
Book Value per Share
173.63
187.78
206.68
222.54
245.73
173.19
219.42
168.4
158.66
169.08
198.83
234.68
278.94
- -
Tangible Book Value per Share
171.77
186.84
206.24
221.35
243.97
171.93
218.46
167.95
158.26
167.39
197.64
233.17
278.05
- -
Basic Weighted Avg Shares
15
15
15
15
15
15
15
15
15
15
15
15
15
15
Sales/Revenue/Turnover
4,356
- -
4,510
4,627
5,278
6,665
6,937
6,784
8,906
10,855
12,388
13,665
15,020
15,773
Operating Margin (%)
9.27
- -
8.57
7.43
8.05
10.51
12.31
10.55
12.3
16.36
17.43
16.93
16.88
17.27
Depreciation Expense
112
- -
95
103
101
107
126
117
113
119
138
149
171
174
Net Income, GAAP
331
- -
283
269
372
576
714
593
843
1,357
1,630
1,754
2,067
2,219
Effective Tax Rate (%)
30.24
- -
31.05
28.7
29.43
31.55
26.56
26.38
25.76
25.57
25.9
25.58
24.57
24.77
Profit Margin (%)
7.6
- -
6.28
5.8
7.04
8.64
10.29
8.74
9.47
12.5
13.16
12.84
13.76
14.07
Working Capital
1,587
1,899
2,087
2,313
2,881
1,721
2,437
1,670
1,487
1,454
1,726
2,002
2,804
- -
LT Debt
- -
- -
- -
- -
- -
- -
34
19
7
35
35
34
28
- -
Total Equity
2,673
2,891
3,181
3,426
3,783
2,666
3,378
2,592
2,442
2,603
3,061
3,613
4,294
- -
Return on Invested Capital (%)
13.16
- -
9.39
7.95
7.93
15
20.71
17.58
32.5
52.47
55.71
49.99
50.99
- -
Return on Capital (%)
13.16
- -
9.33
8.13
10.31
17.86
23.57
19.7
33.18
53.18
57.24
52.28
52.2
- -
Return on Common Equity (%)
13.16
- -
9.33
8.13
10.31
17.86
23.63
19.86
33.49
53.79
57.56
52.58
52.28
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
28
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
93,759
76,280
88,025

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
5,254
- -
Cash, Cash Equivalents & STI
- -
1,043
- -
Accounts Receivable, Net
- -
2,541
- -
Inventories
- -
1,407
- -
Total Current Liabilities
- -
2,449
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.73%
11.05%
18.86%
Free Cash Flow
59.84%
21.11%
-12.71%
Net Income, GAAP
24.39%
29.74%
17.83%
Sales/Revenue/Turnover
13.23%
17.5%
9.92%
Total Cash Common Dividend
- -
9.12%
-9.43%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,296
3,387
3,375
3,677
13,665
2026
3,520
3,816
3,788
3,958
15,020
2027
4,211
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
28.88
28.04
26.24
30.82
113.96
2026
26.6
51.46
27.94
28.3
134.28
2027
36.48
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
101.58
2026
- -
- -
- -
- -
92
2027
- -
- -
- -
- -
- -

Company Description

CEO
Rohit Gambhir
Full Time Employees
1,381
Sector
Producer manufacturing
Industry
Electrical products
Address
Plot No. 13, Industrial Estate Chennai TN India 600058
IPO Date
Feb 16, 1995
Business
ESAB India Limited manufactures and markets welding and cutting equipment, consumables and allied products for specialized welding, cutting and related needs in India. The company offers a comprehensive range of products including welding consumables such as electrodes, wires, fluxes and gases for arc, MIG, TIG and submerged arc processes; reclamation consumables; arc equipment comprising arc welding machines, plasma cutting systems and oxy-fuel cutting systems; industrial gas equipment like regulators, torches, outfits and safety accessories; cutting machines; welding automation systems including positioners, manipulators and robotic cells; and working environment products such as helmets, clothing and ventilation systems, alongside technical support and training services. Founded in 1987 as a subsidiary of ESAB Corporation, ESAB India Limited maintains its headquarters in Chennai, Tamil Nadu, with key manufacturing facilities in Chakan near Pune, Nagpur, Khardah and Irungattukottai, and derives significant revenue from states including Maharashtra, Gujarat and Tamil Nadu, serving industries such as automotive, construction, shipbuilding and manufacturing. In November 2024, the company entered into an agreement to acquire Linde Industries Private Limited, a market leader in welding consumables and equipment in India, to strengthen its product portfolio and market position; it also reported strong Q2 and H1 FY25 financial results, recommended an interim dividend and completed a land sale, while benefiting from parent ESAB Corporation's 2025 acquisitions including EWM for advanced arc welding and robotics, alongside high single-digit growth in India driven by infrastructure and private sector demand.