Esab India Ltd
ESAB India Ltd is a leading supplier of welding and cutting products in India. It is a subsidiary of ESAB Group which was ultimately owned by the Colfax Corporation of USA.[1]
- Market Cap ₹ 8,223 Cr.
- Current Price ₹ 5,347
- High / Low ₹ 6,425 / 4,130
- Stock P/E 153
- Book Value ₹ 67.6
- Dividend Yield 1.22 %
- ROCE 90.8 %
- ROE 59.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 73.7%
Cons
- Stock is trading at 79.1 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
Industrials Capital Goods Industrial Products Other Industrial Products
Part of BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | |
|---|---|---|---|
| 235 | 285 | 339 | |
| 186 | 220 | 259 | |
| Operating Profit | 49 | 65 | 80 |
| OPM % | 21% | 23% | 24% |
| 15 | 6 | 8 | |
| Interest | 1 | 1 | 1 |
| Depreciation | 4 | 5 | 6 |
| Profit before tax | 58 | 65 | 81 |
| Tax % | 32% | 34% | 34% |
| 40 | 43 | 54 | |
| EPS in Rs | 25.78 | 27.71 | 34.84 |
| Dividend Payout % | 101% | 0% | 44% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 23% |
| 3 Years: | 13% |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 74% |
| Last Year: | 59% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | |
|---|---|---|---|
| Equity Capital | 15 | 15 | 15 |
| Reserves | 19 | 61 | 89 |
| 11 | 0 | 0 | |
| 89 | 53 | 58 | |
| Total Liabilities | 135 | 130 | 162 |
| 35 | 49 | 61 | |
| CWIP | 6 | 7 | 6 |
| Investments | 0 | 8 | 17 |
| 93 | 67 | 78 | |
| Total Assets | 135 | 130 | 162 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | |
|---|---|---|---|
| 35 | 42 | 43 | |
| -3 | -25 | -25 | |
| -1 | -52 | -24 | |
| Net Cash Flow | 30 | -36 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | |
|---|---|---|---|
| Debtor Days | 8 | 12 | 10 |
| Inventory Days | 71 | 56 | 67 |
| Days Payable | 66 | 78 | 70 |
| Cash Conversion Cycle | 13 | -10 | 8 |
| Working Capital Days | -80 | -9 | 6 |
| ROCE % | 108% | 91% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Plants Number ・Standalone data |
|
|||||||||
| Total Employees Number ・Standalone data |
||||||||||
| Security Deposits from Dealers Rs. Lakhs ・Standalone data |
||||||||||
| Number of Dealers Number ・Standalone data |
||||||||||
| Manufactured Goods Revenue Contribution % ・Standalone data |
||||||||||
Documents
Announcements
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 23 Feb
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 21 Feb
-
Outcome Of The Meeting Of Board Held On 10Th February 2026
10 Feb - Unaudited quarter and nine-month results: Q3 revenue Rs37,990L, PAT Rs4,300L; second interim dividend Rs25/share.
-
Intimation Of Second Interim Dividend And Record Date
10 Feb - Second interim dividend Rs.25/share (250%); outflow Rs.38,48,25,500; record date 14 Feb; payment by 06 Mar 2026.
-
Board Meeting Outcome for Outcome Of The Meeting Of Board Held On 10Th February 2026
10 Feb - Declared ₹25 per share interim dividend; Q3 nine-month unaudited PAT ₹16,314 lakhs; payment by 6 Mar, record date 14 Feb.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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]