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Esab India

  • Market Cap: Mid Cap
  • Industry: Electrodes & Welding Equipment
  • ISIN: INE284A01012
  • NSEID: ESABINDIA
  • BSEID: 500133
INR
4,659.55
93.55 (2.05%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.78 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.78 k (-36.27%) Volume

Shareholding (Dec 2024)

FII

1.85%

Held by 70 FIIs

DII

13.11%

Held by 13 DIIs

Promoter

73.72%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 13.86% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROE of 56.3, it has a Very Expensive valuation with a 23 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Electrodes & Welding Equipment

stock-summary
Market cap

INR 7,172 Cr (Mid Cap)

stock-summary
P/E

41.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

1.71%

stock-summary
Debt Equity

-0.29

stock-summary
Return on Equity

56.28%

stock-summary
Price to Book

22.96

Revenue and Profits (1 Year):
Net Sales:
337 Cr
(Quarterly Results - Dec 2024)
Net Profit:
40 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.71%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-24.07%
0.79%
-23.28%
1 Year
-9.47%
1.48%
-7.99%
2 Years
39.55%
4.40%
43.95%
3 Years
44.14%
7.61%
51.75%
4 Years
149.64%
16.54%
166.18%
5 Years
332.36%
35.32%
367.68%

Latest dividend: 23 per share ex-dividend date: Feb-20-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.86%
EBIT Growth (5y)
21.98%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.53
Tax Ratio
26.11%
Dividend Payout Ratio
81.21%
Pledged Shares
0
Institutional Holding
14.96%
ROCE (avg)
48.03%
ROE (avg)
36.78%
Valuation key factors
Factor
Value
P/E Ratio
41
Industry P/E
29
Price to Book Value
22.96
EV to EBIT
30.64
EV to EBITDA
28.80
EV to Capital Employed
31.80
EV to Sales
5.15
PEG Ratio
5.63
Dividend Yield
1.71%
ROCE (Latest)
93.48%
ROE (Latest)
56.28%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 9 Schemes (12.79%)

FIIs

Held by 70 FIIs (1.85%)

Promoter with highest holding

Esab Holdings Limited (37.31%)

Highest Public shareholder

Sbi Retirement Benefit Fund- Conservative Plan (9.77%)

Individual Investors Holdings

9.18%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 11.96% vs 12.74% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 6.40% vs 4.52% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "337.49",
          "val2": "301.45",
          "chgp": "11.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "55.25",
          "val2": "53.70",
          "chgp": "2.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.11",
          "val2": "0.11",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "40.38",
          "val2": "37.95",
          "chgp": "6.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.37%",
          "val2": "17.81%",
          "chgp": "-1.44%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 11.12% vs 15.66% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 8.44% vs 40.48% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "668.26",
          "val2": "601.39",
          "chgp": "11.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "123.54",
          "val2": "112.19",
          "chgp": "10.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.22",
          "val2": "0.19",
          "chgp": "15.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "87.61",
          "val2": "80.79",
          "chgp": "8.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.49%",
          "val2": "18.66%",
          "chgp": "-0.17%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 11.40% vs 14.67% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 7.79% vs 26.56% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,005.75",
          "val2": "902.84",
          "chgp": "11.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "178.79",
          "val2": "165.89",
          "chgp": "7.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.33",
          "val2": "0.30",
          "chgp": "10.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "127.99",
          "val2": "118.74",
          "chgp": "7.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.78%",
          "val2": "18.37%",
          "chgp": "-0.59%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 13.98% vs 21.70% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 20.12% vs 60.93% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,243.32",
          "val2": "1,090.80",
          "chgp": "13.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "227.68",
          "val2": "186.68",
          "chgp": "21.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.42",
          "val2": "0.31",
          "chgp": "35.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "162.98",
          "val2": "135.68",
          "chgp": "20.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.31%",
          "val2": "17.11%",
          "chgp": "1.20%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
337.49
301.45
11.96%
Operating Profit (PBDIT) excl Other Income
55.25
53.70
2.89%
Interest
0.11
0.11
Exceptional Items
0.00
0.00
Standalone Net Profit
40.38
37.95
6.40%
Operating Profit Margin (Excl OI)
16.37%
17.81%
-1.44%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 11.96% vs 12.74% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 6.40% vs 4.52% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
668.26
601.39
11.12%
Operating Profit (PBDIT) excl Other Income
123.54
112.19
10.12%
Interest
0.22
0.19
15.79%
Exceptional Items
0.00
0.00
Standalone Net Profit
87.61
80.79
8.44%
Operating Profit Margin (Excl OI)
18.49%
18.66%
-0.17%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 11.12% vs 15.66% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 8.44% vs 40.48% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,005.75
902.84
11.40%
Operating Profit (PBDIT) excl Other Income
178.79
165.89
7.78%
Interest
0.33
0.30
10.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
127.99
118.74
7.79%
Operating Profit Margin (Excl OI)
17.78%
18.37%
-0.59%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 11.40% vs 14.67% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 7.79% vs 26.56% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,243.32
1,090.80
13.98%
Operating Profit (PBDIT) excl Other Income
227.68
186.68
21.96%
Interest
0.42
0.31
35.48%
Exceptional Items
0.00
0.00
Standalone Net Profit
162.98
135.68
20.12%
Operating Profit Margin (Excl OI)
18.31%
17.11%
1.20%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 13.98% vs 21.70% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 20.12% vs 60.93% in Mar 2023

stock-summaryCompany CV
About Esab India Ltd stock-summary
stock-summary
Esab India Ltd
Mid Cap
Electrodes & Welding Equipment
ESAB India Limited is one of the leading suppliers of welding and cutting products in the country. The Company is engaged in the business of fabrication technology. The Company operate significantly into domestic and international markets. The company products became an integral part of industries like Shipbuilding, Petrochemical, Construction, Transport, Offshore, Energy and Repair and Maintenance.
Company Coordinates stock-summary
Company Details
Plot No 13 3rd Main Road, Industrial Estate Ambattur Chennai Tamil Nadu : 600058
stock-summary
Tel: 91-44-42281100
stock-summary
venkatakrishnan.s@esab.co.in
Registrar Details
Integrated Enterprises (India) Ltd , II Floor , Kences Towers, No 1 Ramakrishna Street, North Usman Road, T Nagar, Chennai