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

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

D & H India

Ador Welding

Graphite India

Esab India

HEG

Panasonic Carbon

DE Nora India

GEE

Rasi Electrodes

Royal Arc

Why is Esab India Ltd ?

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

Flat results in Dec 24

NO KEY NEGATIVE TRIGGERS

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 10-Mar-25 and has generated 3.65% returns since then
Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST

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

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -9.47%, its profits have risen by 7.3% ; the PEG ratio of the company is 5.6

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electrodes & Welding Equipment)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Esab India for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Esab India

-9.47%

-0.28

33.63%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

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)

Sales to Capital Employed (avg)

2.53

Tax Ratio

26.11%

Dividend Payout Ratio

81.21%

Pledged Shares

Institutional Holding

14.96%

ROCE (avg)

48.03%

ROE (avg)

36.78%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

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%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

0What is working for the Company

NO KEY POSITIVE TRIGGERS

0What is not working for the Company

NO KEY NEGATIVE TRIGGERS

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Here's what is not working for Esab India

Non Operating Income - Quarterly

Highest at Rs 3.26 cr

in the last five quarters

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating Income