Esab India Ltd

Esab India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Esab India Ltd

₹ 3,548 3.27%
29 Mar - close price
esabindia.com BSE: 500133 NSE : ESABINDIA
About

ESAB India Ltd is a leading supplier of welding and cutting products in India. It is a subsidiary of ESAB Group which is ultimately owned by the Colfax Corporation of USA.[1]

Key Points

Product Offerings
The company's products include welding consumables, arc welding equipment, plasma, cutting automation, gas equipment, welding automation & robotics, digital solutions, and PPE & accessories. [1]

Website BSE NSE
  • Market Cap ₹ 5,436 Cr.
  • Current Price ₹ 3,548
  • High / Low ₹ 4,338 / 3,007
  • Stock P/E 47.2
  • Book Value ₹ 176
  • Dividend Yield 1.69 %
  • ROCE 44.5 %
  • ROE 33.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 125%
  • Company's working capital requirements have reduced from 39.5 days to 31.4 days

Cons

  • Stock is trading at 20.2 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Capital Goods-Non Electrical Equipment Industry: Electrodes - Welding Equipment

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
169 175 124 166 184 207 181 221 227 265 243 277 267
146 150 114 143 164 178 153 189 199 234 208 233 219
Operating Profit 23 25 10 23 20 29 28 32 27 30 36 45 48
OPM % 14% 14% 8% 14% 11% 14% 16% 15% 12% 11% 15% 16% 18%
4 4 3 4 3 1 2 3 1 1 2 1 3
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 3 3 3 3 3 3 3 3 3 3 3 3 3
Profit before tax 24 26 10 24 20 27 27 32 26 29 34 43 49
Tax % 25% 29% 25% 26% 26% 28% 25% 26% 26% 26% 25% 26% 25%
Net Profit 18 18 7 18 15 20 20 24 19 21 26 32 36
EPS in Rs 11.54 11.74 4.66 11.49 9.56 12.81 13.22 15.37 12.32 13.86 16.63 20.73 23.59
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
494 541 504 434 552 451 466 543 672 698 681 893 1,053
410 461 442 383 507 406 422 491 593 601 598 775 893
Operating Profit 84 80 62 51 45 45 44 52 79 97 83 117 159
OPM % 17% 15% 12% 12% 8% 10% 9% 10% 12% 14% 12% 13% 15%
16 3 5 8 -0 6 4 11 16 14 11 8 7
Interest 1 1 1 1 0 0 0 0 0 1 2 1 0
Depreciation 11 12 12 11 14 10 10 10 11 13 12 11 12
Profit before tax 88 71 54 47 31 41 38 53 84 97 81 114 154
Tax % 33% 33% 30% 30% 23% 31% 29% 29% 32% 27% 26% 26%
Net Profit 59 47 38 33 24 28 27 37 58 71 59 84 115
EPS in Rs 38.30 30.82 24.54 21.52 15.36 18.41 17.45 24.13 37.41 46.39 38.52 54.77 74.81
Dividend Payout % 52% 49% 31% 5% 7% 5% 6% 4% 241% 151% 114% 110%
Compounded Sales Growth
10 Years: 5%
5 Years: 14%
3 Years: 10%
TTM: 26%
Compounded Profit Growth
10 Years: 6%
5 Years: 22%
3 Years: 14%
TTM: 39%
Stock Price CAGR
10 Years: 24%
5 Years: 38%
3 Years: 49%
1 Year: 17%
Return on Equity
10 Years: 16%
5 Years: 20%
3 Years: 25%
Last Year: 33%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
15 15 15 15 15 15 15 15 15 15 15 15 15
Reserves 176 196 221 252 274 300 327 363 251 322 244 229 256
0 0 0 0 0 0 1 0 0 5 3 3 2
104 80 95 83 80 70 85 102 112 116 126 189 184
Total Liabilities 295 292 331 350 369 386 428 480 379 458 388 436 456
93 104 99 96 83 78 76 80 83 86 90 90 86
CWIP 17 2 1 3 1 5 7 8 3 7 3 3 9
Investments 34 34 78 105 122 120 147 125 30 70 41 31 25
152 151 154 147 163 183 198 269 262 295 255 312 336
Total Assets 295 292 331 350 369 386 428 480 379 458 388 436 456

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
60 40 46 35 16 18 36 30 67 57 72 85
-48 -5 -46 -27 -12 -9 -23 9 102 -120 66 20
-19 -45 -0 -14 -2 -2 -2 -41 -163 39 -139 -102
Net Cash Flow -8 -9 -0 -6 3 7 12 -2 6 -24 -0 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Dec 2010 Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 20 14 17 23 29 37 37 40 35 44 53 55
Inventory Days 63 69 76 82 55 76 77 76 58 66 61 68
Days Payable 74 45 50 70 56 56 71 78 71 74 80 93
Cash Conversion Cycle 8 37 43 35 28 57 43 38 21 36 34 30
Working Capital Days 0 20 10 18 22 39 34 67 48 40 47 31
ROCE % 49% 36% 25% 19% 15% 14% 13% 15% 26% 32% 27% 44%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
73.72 73.72 73.72 73.72 73.72 73.72 73.72 73.72 73.72 73.72 73.72 73.72
10.00 10.01 9.95 9.96 3.84 3.79 0.09 0.15 0.21 0.64 0.63 0.73
4.11 4.05 4.09 4.22 10.06 9.99 13.53 13.69 13.68 13.51 13.48 13.26
0.32 0.32 0.32 0.32 0.40 0.40 0.40 0.42 0.42 0.42 0.00 0.00
11.85 11.90 11.93 11.79 11.98 12.10 12.26 12.01 11.97 11.70 12.15 12.27

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings