Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Fundamental Analysis of Esab India Ltd

About the Company - Esab India Ltd

Esab India Ltd. is a Public Limited Listed company incorporated on 10/11/1987 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L29299TN1987PLC058738 and registration number is 058738. Currently Company is involved in the business activities of Metal and metal products. Company’s Total Operating Revenue is Rs. 892.80 Cr. and Equity Capital is Rs. 15.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Welding EquipmentsPlot No.13, 3rd Main Road, Chennai (Madras) Tamil Nadu 600058investor.relations@esab.co.in
http://www.esabindia.com
Management
NamePosition Held
Mr. Kevin J JohnsonChairman
Mr. Rohit GambhirManaging Director
Mr. Sudhir ChandIndependent Director
Mr. Vikram TandonIndependent Director
Ms. Cauvery DharmarajIndependent Director
Mr. K VaidyanathanIndependent Director

Esab India Ltd. Share Price Update

Share PriceValue
Today₹5,950.00
Previous Day₹6,032.45

Basic Stock Data of Esab India Ltd

Market Cap 9,134 Cr.
Current Price 5,935
High / Low6,586/3,221
Stock P/E57.5
Book Value 202
Dividend Yield1.33 %
ROCE70.7 %
ROE53.2 %
Face Value 10.0

Esab India Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales166184207181221227265243277267302298303
Expenses143164178153189199234208233219245240249
Operating Profit23202928322730364548575854
OPM %14%11%14%16%15%12%11%15%16%18%19%19%18%
Other Income4312311213331
Interest0000000000000
Depreciation3333333333333
Profit before tax24202727322629344349565752
Tax %26%26%28%25%26%26%26%25%26%25%26%25%26%
Net Profit18152020241921263236424238
EPS in Rs11.499.5612.8113.2215.3712.3213.8616.6320.7323.5927.1927.5324.95

Esab India Ltd Quarterly Chart

Esab India Ltd Profit & Loss

MonthDec 2011Dec 2012Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5415044345524514665436726986818961,0911,170
Expenses461442383507406422491593601598775904953
Operating Profit80625145454452799783121187217
OPM %15%12%12%8%10%9%10%12%14%12%13%17%19%
Other Income358-064111614115810
Interest1110000012100
Depreciation12121114101010111312111213
Profit before tax71544731413853849781114182214
Tax %33%30%30%23%31%29%29%32%27%26%26%26%
Net Profit4738332428273758715984136159
EPS in Rs30.8224.5421.5215.3618.4117.4524.1337.4146.3938.5254.7788.14103.26
Dividend Payout %49%31%5%7%5%6%4%241%151%114%110%88%

Esab India Ltd Profit & Loss Yearly Chart

Esab India Ltd Growth

Compounded Sales Growth
10 Years::8%
5 Years::15%
3 Years::16%
TTM::16%

Esab India Ltd Growth

Compounded Profit Growth
10 Years::14%
5 Years::28%
3 Years::24%
TTM::63%

Esab India Ltd Growth

Stock Price CAGR
10 Years::29%
5 Years::42%
3 Years::61%
1 Year::58%

Esab India Ltd Growth

Return on Equity
10 Years::19%
5 Years::28%
3 Years::34%
Last Year::53%

Esab India Ltd Balance Sheet

MonthDec 2011Dec 2012Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital15151515151515151515151515
Reserves196221252274300327363251322244229245295
Borrowings0000010053344
Other Liabilities809583807085102112116126189210205
Total Liabilities292331350369386428480379458388436474519
Fixed Assets1049996837876808386909095117
CWIP21315783733205
Investments34781051221201471253070413109
Other Assets151154147163183198269262295255312359387
Total Assets292331350369386428480379458388436474519

Esab India Ltd Reserves and Borrowings Chart

Esab India Ltd Cash Flow

MonthDec 2011Dec 2012Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4046351618363067577285129
Cash from Investing Activity -5-46-27-12-9-239102-12066205
Cash from Financing Activity -45-0-14-2-2-2-41-16339-139-102-122
Net Cash Flow-9-0-63712-26-24-0312

Esab India Ltd Financial Efficiency Indicators

MonthDec 2011Dec 2012Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days141723293737403544535551
Inventory Days697682557677765866616867
Days Payable455070565671787174809382
Cash Conversion Cycle374335285743382136343035
Working Capital Days201018223934674840473131
ROCE %36%25%19%15%14%13%15%26%32%27%44%71%

Esab India Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Esab India Ltd Shareholding Pattern Chart

No. of Esab India Ltd Shareholders

Esab India Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
SBI Small Cap Fund9000002.47521.37
Nippon India Small Cap Fund3268820.51189.36
SBI Magnum Global Fund2500002.37144.82
SBI Contra Fund1500000.5286.89
SBI Infrastructure Fund783743.4745.4
SBI Retirement Benefit Fund - Aggressive Plan438501.4425.4
SBI Retirement Benefit Fund - Aggressive Hybrid Plan421002.1824.39
SBI Conservative Hybrid Fund411770.2723.85
SBI Conservative Hybrid Fund - Div (Annual)411770.2723.85
SBI Conservative Hybrid Fund - Div (Monthly)411770.2723.85

Esab India Ltd ROCE Trend

Esab India Ltd EPS Trend

Esab India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)88.1654.7838.5246.4037.41
Diluted EPS (Rs.)88.1654.7838.5246.4037.41
Cash EPS (Rs.)95.8862.1446.1354.5744.37
Book Value[Excl.RevalReserv]/Share (Rs.)169.12158.69168.43219.46173.22
Book Value[Incl.RevalReserv]/Share (Rs.)169.12158.69168.43219.46173.22
Dividend / Share (Rs.)78.0060.0044.0070.0090.00
Revenue From Operations / Share (Rs.)708.77580.12444.84456.78440.10
PBDIT / Share (Rs.)126.3781.3460.2071.6862.07
PBIT / Share (Rs.)118.6573.9852.5963.5155.11
PBT / Share (Rs.)118.4573.7952.3363.1854.67
Net Profit / Share (Rs.)88.1654.7838.5246.4037.42
PBDIT Margin (%)17.8214.0213.5315.6914.10
PBIT Margin (%)16.7412.7511.8213.9012.52
PBT Margin (%)16.7112.7111.7613.8312.42
Net Profit Margin (%)12.439.448.6610.158.50
Return on Networth / Equity (%)52.1334.5222.8721.1421.60
Return on Capital Employeed (%)67.5345.4230.4128.3431.39
Return On Assets (%)28.6219.3315.2715.5415.20
Asset Turnover Ratio (%)2.402.171.621.681.58
Current Ratio (X)1.721.812.393.152.60
Quick Ratio (X)1.121.251.782.461.98
Inventory Turnover Ratio (X)4.594.954.094.785.10
Dividend Payout Ratio (NP) (%)88.49118.66231.060.00293.24
Dividend Payout Ratio (CP) (%)81.37104.61192.950.00247.29
Earning Retention Ratio (%)11.51-18.66-131.060.00-193.24
Cash Earning Retention Ratio (%)18.63-4.61-92.950.00-147.29
Interest Coverage Ratio (%)627.35431.66225.98220.640.00
Interest Coverage Ratio (Post Tax) (%)438.68291.72145.61143.820.00
Enterprise Value (Cr.)5385.844620.732719.721553.821349.96
EV / Net Operating Revenue (X)4.945.183.972.211.99
EV / EBITDA (X)27.6936.9129.3514.0814.13
MarketCap / Net Operating Revenue (X)4.995.234.032.352.08
Retention Ratios (%)11.50-18.66-131.060.00-193.24
Price / BV (X)20.9119.1010.654.905.27
Price / Net Operating Revenue (X)4.995.234.032.352.08
EarningsYield0.020.010.020.040.04

Esab India Ltd Profitability Ratios (%)

Esab India Ltd Liquidity Ratios

Esab India Ltd Liquidity Ratios (%)

Esab India Ltd Interest Coverage Ratios (%)

Esab India Ltd Valuation Ratios

Fair Value of Esab India Ltd Stock

Fair Value: ₹6261.36

The stock is undervalued by 5.50% compared to the current price ₹5935

*This is not Investment Advice

Strength and Weakness of Esab India Ltd Stock

StrengthWeakness

The company has higher reserves compared to borrowings, indicating strong financial stability.

The company has shown consistent growth in sales and profit over the years.

The stock has a low average ROCE, which may not be favorable.

The stock has a high average Working Capital Days, which may not be favorable.

The stock has a high average Cash Conversion Cycle, which may not be favorable.

Related Posts