Share Price and Basic Stock Data
Last Updated: January 24, 2026, 3:54 pm
| PEG Ratio | 2.30 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Esab India Ltd operates in the welding equipment industry and has reported a share price of ₹5,554 with a market capitalization of ₹8,516 Cr. The company has demonstrated a robust revenue trajectory, with sales figures increasing from ₹896 Cr in FY 2022 to ₹1,091 Cr in FY 2023. For FY 2024, sales stood at ₹1,243 Cr, reflecting a growth trend. The trailing twelve months (TTM) sales reached ₹1,439 Cr, indicating a strong momentum. Quarterly sales figures also show consistency, with the latest reported sales of ₹303 Cr in September 2023, following a pattern of growth in previous quarters. The sales are supported by a healthy operating profit margin (OPM) of 19%, underlining the company’s ability to maintain profitability amidst rising expenses, which have also increased from ₹775 Cr in FY 2022 to ₹904 Cr in FY 2023. This solid revenue performance places Esab India in a favorable position within the welding equipment sector, showcasing resilience and growth potential.
Profitability and Efficiency Metrics
Esab India Ltd has reported impressive profitability metrics, with a net profit of ₹208 Cr and a remarkable return on equity (ROE) of 52.3% for the latest fiscal year. The operating profit margin (OPM) has remained stable at 19%, indicating effective cost management in relation to its revenue. The company has also achieved a return on capital employed (ROCE) of 70.0%, signaling efficient use of its capital to generate profits. The interest coverage ratio (ICR) stood at an extraordinary 150.19x, reflecting the company’s capacity to meet interest obligations comfortably. Furthermore, the net profit margin was recorded at 12.77%, demonstrating a solid bottom line. However, the cash conversion cycle (CCC) of 31 days and inventory turnover ratio of 11.35x indicate room for improvement in managing working capital efficiently. Overall, Esab India’s profitability and efficiency metrics position it favorably against competitors in the welding equipment sector.
Balance Sheet Strength and Financial Ratios
Esab India Ltd has maintained a strong balance sheet, with total assets reported at ₹647 Cr and minimal borrowings of just ₹4 Cr, reflecting a debt-free stance. The company’s reserves have grown to ₹401 Cr, supporting its equity base and reinforcing financial stability. The equity capital remains consistent at ₹15 Cr, while the book value per share has increased to ₹234.73, enhancing shareholder value. The financial ratios also indicate sound health, with a price-to-book value (P/BV) ratio of 19.37x, which is relatively high compared to industry norms, suggesting that the market has high expectations for future growth. The current ratio stood at 1.74, indicating good short-term liquidity. The company’s ability to generate substantial profits relative to its equity base is further underscored by a return on net worth of 48.55%. These factors collectively establish Esab India as a financially robust entity in the welding equipment market.
Shareholding Pattern and Investor Confidence
Esab India Ltd’s shareholding pattern reflects a stable ownership structure, with promoters holding a significant 73.72% stake, indicating strong control and commitment. Institutional investors, including foreign institutional investors (FIIs) and domestic institutional investors (DIIs), hold 1.53% and 12.77% respectively, demonstrating a moderate interest from institutional players. The public shareholding stands at 11.98%, with an increasing number of shareholders reported at 21,499. Over recent quarters, the proportion of FIIs has shown slight fluctuations, peaking at 1.84% in December 2024 before declining to the current level. This could indicate a cautious sentiment among foreign investors. The steady promoter shareholding, coupled with an increase in the number of shareholders, suggests a growing confidence in the company’s long-term prospects. However, the relatively low institutional ownership may limit liquidity and could be a point of concern for potential investors.
Outlook, Risks, and Final Insight
Esab India Ltd presents a compelling investment case driven by solid financial performance and a robust market position in the welding equipment sector. However, the company faces certain risks, including potential volatility in raw material prices and competition from domestic and international players, which could impact profit margins. Additionally, while the company has maintained a low debt level, any future capital expenditures could require financing, potentially affecting financial ratios. On the positive side, strong profitability metrics and a stable balance sheet provide a cushion against market fluctuations. If Esab India can leverage its operational efficiencies and expand its market share, it stands to enhance its growth trajectory further. Conversely, if external pressures intensify or market conditions shift unfavorably, it could pose challenges to maintaining its current performance levels. Overall, Esab India’s outlook remains cautiously optimistic, contingent on effective risk management and strategic growth initiatives.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| GEE Ltd | 380 Cr. | 73.1 | 97.9/55.2 | 38.1 | 0.00 % | 1.09 % | 4.65 % | 2.00 | |
| D&H India Ltd | 119 Cr. | 146 | 274/122 | 18.0 | 61.0 | 0.00 % | 13.5 % | 11.6 % | 10.0 |
| Esab India Ltd | 8,377 Cr. | 5,442 | 6,425/4,130 | 45.6 | 271 | 1.19 % | 70.0 % | 52.3 % | 10.0 |
| Ador Welding Ltd | 1,744 Cr. | 1,002 | 1,260/777 | 24.6 | 283 | 2.00 % | 20.3 % | 13.9 % | 10.0 |
| Industry Average | 2,655.00 Cr | 1,665.78 | 29.40 | 163.28 | 0.80% | 26.22% | 20.61% | 8.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 277 | 267 | 302 | 298 | 303 | 301 | 341 | 330 | 339 | 337 | 368 | 352 | 382 |
| Expenses | 233 | 219 | 245 | 240 | 249 | 248 | 279 | 268 | 277 | 282 | 302 | 293 | 309 |
| Operating Profit | 45 | 48 | 57 | 58 | 54 | 54 | 62 | 62 | 61 | 55 | 66 | 59 | 72 |
| OPM % | 16% | 18% | 19% | 19% | 18% | 18% | 18% | 19% | 18% | 16% | 18% | 17% | 19% |
| Other Income | 1 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 33 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 43 | 49 | 56 | 57 | 52 | 51 | 60 | 60 | 59 | 55 | 63 | 55 | 101 |
| Tax % | 26% | 25% | 26% | 25% | 26% | 26% | 26% | 26% | 27% | 26% | 24% | 26% | 22% |
| Net Profit | 32 | 36 | 42 | 42 | 38 | 38 | 44 | 44 | 43 | 40 | 47 | 41 | 79 |
| EPS in Rs | 20.73 | 23.59 | 27.19 | 27.53 | 24.95 | 24.65 | 28.75 | 28.88 | 28.04 | 26.23 | 30.81 | 26.60 | 51.45 |
Last Updated: January 1, 2026, 8:36 pm
Below is a detailed analysis of the quarterly data for Esab India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 382.00 Cr.. The value appears strong and on an upward trend. It has increased from 352.00 Cr. (Jun 2025) to 382.00 Cr., marking an increase of 30.00 Cr..
- For Expenses, as of Sep 2025, the value is 309.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 293.00 Cr. (Jun 2025) to 309.00 Cr., marking an increase of 16.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 72.00 Cr.. The value appears strong and on an upward trend. It has increased from 59.00 Cr. (Jun 2025) to 72.00 Cr., marking an increase of 13.00 Cr..
- For OPM %, as of Sep 2025, the value is 19.00%. The value appears strong and on an upward trend. It has increased from 17.00% (Jun 2025) to 19.00%, marking an increase of 2.00%.
- For Other Income, as of Sep 2025, the value is 33.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Jun 2025) to 33.00 Cr., marking an increase of 32.00 Cr..
- For Interest, as of Sep 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.00 Cr. (Jun 2025) to 0.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 4.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 101.00 Cr.. The value appears strong and on an upward trend. It has increased from 55.00 Cr. (Jun 2025) to 101.00 Cr., marking an increase of 46.00 Cr..
- For Tax %, as of Sep 2025, the value is 22.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Jun 2025) to 22.00%, marking a decrease of 4.00%.
- For Net Profit, as of Sep 2025, the value is 79.00 Cr.. The value appears strong and on an upward trend. It has increased from 41.00 Cr. (Jun 2025) to 79.00 Cr., marking an increase of 38.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 51.45. The value appears strong and on an upward trend. It has increased from 26.60 (Jun 2025) to 51.45, marking an increase of 24.85.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:24 am
| Metric | Dec 2013 | Mar 2015n n 15m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 434 | 552 | 451 | 466 | 543 | 672 | 698 | 681 | 896 | 1,091 | 1,243 | 1,373 | 1,439 |
| Expenses | 383 | 507 | 406 | 422 | 491 | 593 | 601 | 598 | 775 | 904 | 1,014 | 1,129 | 1,186 |
| Operating Profit | 51 | 45 | 45 | 44 | 52 | 79 | 97 | 83 | 121 | 187 | 229 | 245 | 252 |
| OPM % | 12% | 8% | 10% | 9% | 10% | 12% | 14% | 12% | 13% | 17% | 18% | 18% | 18% |
| Other Income | 8 | -0 | 6 | 4 | 11 | 16 | 14 | 11 | 5 | 8 | 6 | 8 | 39 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 0 | 2 | 2 | 3 |
| Depreciation | 11 | 14 | 10 | 10 | 10 | 11 | 13 | 12 | 11 | 12 | 14 | 15 | 16 |
| Profit before tax | 47 | 31 | 41 | 38 | 53 | 84 | 97 | 81 | 114 | 182 | 220 | 236 | 273 |
| Tax % | 30% | 23% | 31% | 29% | 29% | 32% | 27% | 26% | 26% | 26% | 26% | 26% | |
| Net Profit | 33 | 24 | 28 | 27 | 37 | 58 | 71 | 59 | 84 | 136 | 163 | 175 | 208 |
| EPS in Rs | 21.52 | 15.36 | 18.41 | 17.45 | 24.13 | 37.41 | 46.39 | 38.52 | 54.77 | 88.14 | 105.88 | 113.96 | 135.09 |
| Dividend Payout % | 5% | 7% | 5% | 6% | 4% | 241% | 151% | 114% | 110% | 88% | 81% | 79% |
YoY Net Profit Growth
| Year | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -3.57% | 37.04% | 56.76% | 22.41% | -16.90% | 42.37% | 61.90% | 19.85% | 7.36% |
| Change in YoY Net Profit Growth (%) | 0.00% | 40.61% | 19.72% | -34.34% | -39.32% | 59.27% | 19.53% | -42.05% | -12.49% |
Esab India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2016-2017 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 15% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 20% |
| 3 Years: | 28% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 29% |
| 3 Years: | 13% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 43% |
| 3 Years: | 54% |
| Last Year: | 52% |
Last Updated: September 5, 2025, 3:40 am
Balance Sheet
Last Updated: December 10, 2025, 2:38 am
| Month | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 252 | 274 | 300 | 327 | 363 | 251 | 322 | 244 | 229 | 245 | 291 | 346 | 401 |
| Borrowings | 0 | 0 | 0 | 1 | 0 | 0 | 5 | 3 | 3 | 4 | 5 | 4 | 4 |
| Other Liabilities | 83 | 80 | 70 | 85 | 102 | 112 | 116 | 126 | 189 | 210 | 240 | 282 | 216 |
| Total Liabilities | 350 | 369 | 386 | 428 | 480 | 379 | 458 | 388 | 436 | 474 | 551 | 647 | 637 |
| Fixed Assets | 96 | 83 | 78 | 76 | 80 | 83 | 86 | 90 | 90 | 95 | 125 | 136 | 140 |
| CWIP | 3 | 1 | 5 | 7 | 8 | 3 | 7 | 3 | 3 | 20 | 4 | 9 | 5 |
| Investments | 105 | 122 | 120 | 147 | 125 | 30 | 70 | 41 | 31 | 0 | 0 | 24 | 19 |
| Other Assets | 147 | 163 | 183 | 198 | 269 | 262 | 295 | 255 | 312 | 359 | 421 | 478 | 473 |
| Total Assets | 350 | 369 | 386 | 428 | 480 | 379 | 458 | 388 | 436 | 474 | 551 | 647 | 637 |
Below is a detailed analysis of the balance sheet data for Esab India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 15.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 15.00 Cr..
- For Reserves, as of Sep 2025, the value is 401.00 Cr.. The value appears strong and on an upward trend. It has increased from 346.00 Cr. (Mar 2025) to 401.00 Cr., marking an increase of 55.00 Cr..
- For Borrowings, as of Sep 2025, the value is 4.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 216.00 Cr.. The value appears to be improving (decreasing). It has decreased from 282.00 Cr. (Mar 2025) to 216.00 Cr., marking a decrease of 66.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 637.00 Cr.. The value appears to be improving (decreasing). It has decreased from 647.00 Cr. (Mar 2025) to 637.00 Cr., marking a decrease of 10.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 140.00 Cr.. The value appears strong and on an upward trend. It has increased from 136.00 Cr. (Mar 2025) to 140.00 Cr., marking an increase of 4.00 Cr..
- For CWIP, as of Sep 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 9.00 Cr. (Mar 2025) to 5.00 Cr., marking a decrease of 4.00 Cr..
- For Investments, as of Sep 2025, the value is 19.00 Cr.. The value appears to be declining and may need further review. It has decreased from 24.00 Cr. (Mar 2025) to 19.00 Cr., marking a decrease of 5.00 Cr..
- For Other Assets, as of Sep 2025, the value is 473.00 Cr.. The value appears to be declining and may need further review. It has decreased from 478.00 Cr. (Mar 2025) to 473.00 Cr., marking a decrease of 5.00 Cr..
- For Total Assets, as of Sep 2025, the value is 637.00 Cr.. The value appears to be declining and may need further review. It has decreased from 647.00 Cr. (Mar 2025) to 637.00 Cr., marking a decrease of 10.00 Cr..
Notably, the Reserves (401.00 Cr.) exceed the Borrowings (4.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Dec 2013 | Mar 2015n n 15m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 51.00 | 45.00 | 45.00 | 43.00 | 52.00 | 79.00 | 92.00 | 80.00 | 118.00 | 183.00 | 224.00 | 241.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 29 | 37 | 37 | 40 | 35 | 44 | 53 | 55 | 51 | 55 | 60 |
| Inventory Days | 82 | 55 | 76 | 77 | 76 | 58 | 66 | 61 | 68 | 67 | 55 | 59 |
| Days Payable | 70 | 56 | 56 | 71 | 78 | 71 | 74 | 80 | 93 | 82 | 65 | 87 |
| Cash Conversion Cycle | 35 | 28 | 57 | 43 | 38 | 21 | 36 | 34 | 30 | 36 | 45 | 31 |
| Working Capital Days | 18 | 22 | 39 | 34 | 67 | 48 | 40 | 46 | 30 | 30 | 25 | 26 |
| ROCE % | 19% | 15% | 14% | 13% | 15% | 26% | 32% | 27% | 44% | 71% | 77% | 70% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Small Cap Fund | 900,000 | 1.51 | 548.19 | 900,000 | 2025-04-22 14:12:25 | 0% |
| Nippon India Small Cap Fund | 411,697 | 0.37 | 250.76 | 326,882 | 2025-12-08 07:42:13 | 25.95% |
| SBI MNC Fund | 250,000 | 2.61 | 152.28 | N/A | N/A | N/A |
| SBI Infrastructure Fund | 166,000 | 2.14 | 101.11 | 78,374 | 2025-12-07 04:11:33 | 111.8% |
| SBI Retirement Benefit Fund - Aggressive Plan | 60,850 | 1.17 | 37.06 | 43,850 | 2025-12-07 06:25:12 | 38.77% |
| Sundaram Small Cap Fund | 53,081 | 0.95 | 32.33 | 60,184 | 2026-01-25 05:51:20 | -11.8% |
| Aditya Birla Sun Life MNC Fund | 30,533 | 0.52 | 18.6 | 27,289 | 2026-01-25 05:51:20 | 11.89% |
| SBI Retirement Benefit Fund - Aggressive Hybrid Plan | 27,100 | 0.97 | 16.51 | 42,100 | 2025-12-07 06:12:15 | -35.63% |
| Sundaram Infrastructure Advantage Fund | 25,000 | 1.61 | 15.23 | N/A | N/A | N/A |
| Sundaram Long Term Micro Cap Tax Advantage Fund - Series III | 3,065 | 2.5 | 1.87 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 113.98 | 105.90 | 88.16 | 54.78 | 38.52 |
| Diluted EPS (Rs.) | 113.98 | 105.90 | 88.16 | 54.78 | 38.52 |
| Cash EPS (Rs.) | 123.68 | 114.86 | 95.88 | 62.14 | 46.13 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 234.73 | 198.87 | 169.12 | 158.69 | 168.43 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 234.73 | 198.87 | 169.12 | 158.69 | 168.43 |
| Dividend / Share (Rs.) | 90.00 | 86.00 | 78.00 | 60.00 | 44.00 |
| Revenue From Operations / Share (Rs.) | 892.44 | 807.88 | 708.77 | 580.12 | 444.84 |
| PBDIT / Share (Rs.) | 163.95 | 152.16 | 126.37 | 81.34 | 60.20 |
| PBIT / Share (Rs.) | 154.26 | 143.20 | 118.65 | 73.98 | 52.59 |
| PBT / Share (Rs.) | 153.16 | 142.92 | 118.45 | 73.79 | 52.33 |
| Net Profit / Share (Rs.) | 113.98 | 105.90 | 88.16 | 54.78 | 38.52 |
| PBDIT Margin (%) | 18.37 | 18.83 | 17.82 | 14.02 | 13.53 |
| PBIT Margin (%) | 17.28 | 17.72 | 16.74 | 12.75 | 11.82 |
| PBT Margin (%) | 17.16 | 17.69 | 16.71 | 12.71 | 11.76 |
| Net Profit Margin (%) | 12.77 | 13.10 | 12.43 | 9.44 | 8.66 |
| Return on Networth / Equity (%) | 48.55 | 53.25 | 52.13 | 34.52 | 22.87 |
| Return on Capital Employeed (%) | 63.68 | 69.55 | 67.53 | 45.42 | 30.41 |
| Return On Assets (%) | 27.10 | 29.57 | 28.62 | 19.33 | 15.27 |
| Asset Turnover Ratio (%) | 2.29 | 2.43 | 2.40 | 2.17 | 1.62 |
| Current Ratio (X) | 1.74 | 1.75 | 1.72 | 1.81 | 2.39 |
| Quick Ratio (X) | 1.26 | 1.27 | 1.12 | 1.25 | 1.78 |
| Inventory Turnover Ratio (X) | 11.35 | 4.85 | 4.59 | 4.95 | 4.09 |
| Dividend Payout Ratio (NP) (%) | 68.43 | 71.78 | 88.49 | 118.66 | 231.06 |
| Dividend Payout Ratio (CP) (%) | 63.07 | 66.18 | 81.37 | 104.61 | 192.95 |
| Earning Retention Ratio (%) | 31.57 | 28.22 | 11.51 | -18.66 | -131.06 |
| Cash Earning Retention Ratio (%) | 36.93 | 33.82 | 18.63 | -4.61 | -92.95 |
| Interest Coverage Ratio (X) | 150.19 | 557.55 | 627.35 | 431.66 | 225.98 |
| Interest Coverage Ratio (Post Tax) (X) | 105.42 | 389.05 | 438.68 | 291.72 | 145.61 |
| Enterprise Value (Cr.) | 6919.71 | 8003.20 | 5385.84 | 4620.73 | 2719.72 |
| EV / Net Operating Revenue (X) | 5.04 | 6.44 | 4.94 | 5.18 | 3.97 |
| EV / EBITDA (X) | 27.42 | 34.18 | 27.69 | 36.91 | 29.35 |
| MarketCap / Net Operating Revenue (X) | 5.10 | 6.51 | 4.99 | 5.23 | 4.03 |
| Retention Ratios (%) | 31.56 | 28.21 | 11.50 | -18.66 | -131.06 |
| Price / BV (X) | 19.37 | 26.44 | 20.91 | 19.10 | 10.65 |
| Price / Net Operating Revenue (X) | 5.10 | 6.51 | 4.99 | 5.23 | 4.03 |
| EarningsYield | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 |
After reviewing the key financial ratios for Esab India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 113.98. This value is within the healthy range. It has increased from 105.90 (Mar 24) to 113.98, marking an increase of 8.08.
- For Diluted EPS (Rs.), as of Mar 25, the value is 113.98. This value is within the healthy range. It has increased from 105.90 (Mar 24) to 113.98, marking an increase of 8.08.
- For Cash EPS (Rs.), as of Mar 25, the value is 123.68. This value is within the healthy range. It has increased from 114.86 (Mar 24) to 123.68, marking an increase of 8.82.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 234.73. It has increased from 198.87 (Mar 24) to 234.73, marking an increase of 35.86.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 234.73. It has increased from 198.87 (Mar 24) to 234.73, marking an increase of 35.86.
- For Dividend / Share (Rs.), as of Mar 25, the value is 90.00. This value exceeds the healthy maximum of 3. It has increased from 86.00 (Mar 24) to 90.00, marking an increase of 4.00.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 892.44. It has increased from 807.88 (Mar 24) to 892.44, marking an increase of 84.56.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 163.95. This value is within the healthy range. It has increased from 152.16 (Mar 24) to 163.95, marking an increase of 11.79.
- For PBIT / Share (Rs.), as of Mar 25, the value is 154.26. This value is within the healthy range. It has increased from 143.20 (Mar 24) to 154.26, marking an increase of 11.06.
- For PBT / Share (Rs.), as of Mar 25, the value is 153.16. This value is within the healthy range. It has increased from 142.92 (Mar 24) to 153.16, marking an increase of 10.24.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 113.98. This value is within the healthy range. It has increased from 105.90 (Mar 24) to 113.98, marking an increase of 8.08.
- For PBDIT Margin (%), as of Mar 25, the value is 18.37. This value is within the healthy range. It has decreased from 18.83 (Mar 24) to 18.37, marking a decrease of 0.46.
- For PBIT Margin (%), as of Mar 25, the value is 17.28. This value is within the healthy range. It has decreased from 17.72 (Mar 24) to 17.28, marking a decrease of 0.44.
- For PBT Margin (%), as of Mar 25, the value is 17.16. This value is within the healthy range. It has decreased from 17.69 (Mar 24) to 17.16, marking a decrease of 0.53.
- For Net Profit Margin (%), as of Mar 25, the value is 12.77. This value exceeds the healthy maximum of 10. It has decreased from 13.10 (Mar 24) to 12.77, marking a decrease of 0.33.
- For Return on Networth / Equity (%), as of Mar 25, the value is 48.55. This value is within the healthy range. It has decreased from 53.25 (Mar 24) to 48.55, marking a decrease of 4.70.
- For Return on Capital Employeed (%), as of Mar 25, the value is 63.68. This value is within the healthy range. It has decreased from 69.55 (Mar 24) to 63.68, marking a decrease of 5.87.
- For Return On Assets (%), as of Mar 25, the value is 27.10. This value is within the healthy range. It has decreased from 29.57 (Mar 24) to 27.10, marking a decrease of 2.47.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 2.29. It has decreased from 2.43 (Mar 24) to 2.29, marking a decrease of 0.14.
- For Current Ratio (X), as of Mar 25, the value is 1.74. This value is within the healthy range. It has decreased from 1.75 (Mar 24) to 1.74, marking a decrease of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 1.26. This value is within the healthy range. It has decreased from 1.27 (Mar 24) to 1.26, marking a decrease of 0.01.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 11.35. This value exceeds the healthy maximum of 8. It has increased from 4.85 (Mar 24) to 11.35, marking an increase of 6.50.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 68.43. This value exceeds the healthy maximum of 50. It has decreased from 71.78 (Mar 24) to 68.43, marking a decrease of 3.35.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 63.07. This value exceeds the healthy maximum of 50. It has decreased from 66.18 (Mar 24) to 63.07, marking a decrease of 3.11.
- For Earning Retention Ratio (%), as of Mar 25, the value is 31.57. This value is below the healthy minimum of 40. It has increased from 28.22 (Mar 24) to 31.57, marking an increase of 3.35.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 36.93. This value is below the healthy minimum of 40. It has increased from 33.82 (Mar 24) to 36.93, marking an increase of 3.11.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 150.19. This value is within the healthy range. It has decreased from 557.55 (Mar 24) to 150.19, marking a decrease of 407.36.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 105.42. This value is within the healthy range. It has decreased from 389.05 (Mar 24) to 105.42, marking a decrease of 283.63.
- For Enterprise Value (Cr.), as of Mar 25, the value is 6,919.71. It has decreased from 8,003.20 (Mar 24) to 6,919.71, marking a decrease of 1,083.49.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 5.04. This value exceeds the healthy maximum of 3. It has decreased from 6.44 (Mar 24) to 5.04, marking a decrease of 1.40.
- For EV / EBITDA (X), as of Mar 25, the value is 27.42. This value exceeds the healthy maximum of 15. It has decreased from 34.18 (Mar 24) to 27.42, marking a decrease of 6.76.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.10. This value exceeds the healthy maximum of 3. It has decreased from 6.51 (Mar 24) to 5.10, marking a decrease of 1.41.
- For Retention Ratios (%), as of Mar 25, the value is 31.56. This value is within the healthy range. It has increased from 28.21 (Mar 24) to 31.56, marking an increase of 3.35.
- For Price / BV (X), as of Mar 25, the value is 19.37. This value exceeds the healthy maximum of 3. It has decreased from 26.44 (Mar 24) to 19.37, marking a decrease of 7.07.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.10. This value exceeds the healthy maximum of 3. It has decreased from 6.51 (Mar 24) to 5.10, marking a decrease of 1.41.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Esab India Ltd:
- Net Profit Margin: 12.77%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 63.68% (Industry Average ROCE: 26.22%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 48.55% (Industry Average ROE: 20.61%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 105.42
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.26
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 45.6 (Industry average Stock P/E: 29.4)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 12.77%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Welding Equipments | Plot No.13, 3rd Main Road, Industrial Estate, Chennai (Madras) Tamil Nadu 600058 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Kevin J Johnson | Chairman |
| Mr. Rohit Gambhir | Managing Director |
| Mr. B Mohan | Director & CFO |
| Ms. Cauvery Dharmaraj | Independent Director |
| Mr. N Ramesh Rajan | Independent Director |
| Mr. Raja Venkataraman | Independent Director |
FAQ
What is the intrinsic value of Esab India Ltd?
Esab India Ltd's intrinsic value (as of 26 January 2026) is ₹6267.29 which is 15.17% higher the current market price of ₹5,442.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹8,377 Cr. market cap, FY2025-2026 high/low of ₹6,425/4,130, reserves of ₹401 Cr, and liabilities of ₹637 Cr.
What is the Market Cap of Esab India Ltd?
The Market Cap of Esab India Ltd is 8,377 Cr..
What is the current Stock Price of Esab India Ltd as on 26 January 2026?
The current stock price of Esab India Ltd as on 26 January 2026 is ₹5,442.
What is the High / Low of Esab India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Esab India Ltd stocks is ₹6,425/4,130.
What is the Stock P/E of Esab India Ltd?
The Stock P/E of Esab India Ltd is 45.6.
What is the Book Value of Esab India Ltd?
The Book Value of Esab India Ltd is 271.
What is the Dividend Yield of Esab India Ltd?
The Dividend Yield of Esab India Ltd is 1.19 %.
What is the ROCE of Esab India Ltd?
The ROCE of Esab India Ltd is 70.0 %.
What is the ROE of Esab India Ltd?
The ROE of Esab India Ltd is 52.3 %.
What is the Face Value of Esab India Ltd?
The Face Value of Esab India Ltd is 10.0.