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ESAB India Limited (ESABINDIA.NS)

INR5,643.50 -7.50 (-0.13%)
IN NSE Industrials Electrical Equipment & Parts
Address Plot No. 13, Industrial Estate 600058
Chennai, TN, IN
CEO Rohit Gambhir
IPO 2002-07-01
ISIN INE284A01012

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Also trades on Bombay Stock Exchange · ESABINDIA.BO (INR) National Stock Exchange of India · ESABINDIA.NS (INR)
Description

ESAB India Limited manufactures and sells welding and cutting equipment and consumables in India and internationally. The company offers gas equipment, such as cutting machines, H/VAC and plumbing, outfits, regulators, safety accessories, torches, and wear parts; arc gouging and exothermic cutting; manual plasma cutting products; filler metals, including aluminum, copper, hard facing, low alloy, mild steel, nickel, stainless steel, and other; cutting automation products comprising controls, cutting machines, gas cutting torches, plasma systems, process tools, and software; general supplies; plasma and welding equipment accessories; PPE products and accessories consisting of helmets and head protection products, gloves, clothes, eye protection products, and accessories; cobots; robotic feeders, power sources, torch cleaning stations, and torches, as well as weld data monitoring and software; standard, and air and water cooled torches; welders and wire feeders; power supplies; welding tractors; and digital solutions. It also provides engineering, support, and consulting services. The company sells its products under the AlcoTec, AMI, Arcair, Cigweld, Conarco, Condor, Exaton, Ewac, Firepower, Gasarc, GCE, InduSuite, Losarc, Octopuz, Soldexa, Stoody, Swift-Cut, TBi Industries, Thermal Dynamics, Thermal Dynamics Automation, Turbotorch, Tweco, Victor, and Westarco brands. It serves nuclear welding, wind energy, petrochemical, pipeline, LNG, repair and maintenance, mobile machinery, and shipbuilding solutions industries. The company was incorporated in 1987 and is headquartered in Chennai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR5,643.50 -7.50 (-0.13%)
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Volume Profile
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Liquidity & share structure
Average Volume
7.5K
Beta
0.36
Float Shares
3.97M
Free Float %
25.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.71% +1.41% +12.32% +26.24% +22.79% +14.10% +33.02% +84.70% +285.07% +1,134.02% +9,044.74%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
5,643.50
DCF (Unlevered) 8,614.56 +52.6%
DCF (Levered) 8,622.58 +52.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
27.75
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Electrical Equipment & Parts: +13.1%
    +9.8% Q1'26: +7.6% (vs Q1'25)
  • EPS growth Electrical Equipment & Parts: +22.4%
    +17.8% Q1'26: -8.2% (vs Q1'25)
  • FCF margin FCF growth · Electrical Equipment & Parts: +27.2%
    +10.6% Q1'26: +8.3% (vs Q1'25)
  • EBIT margin Electrical Equipment & Parts: +8.2%
    +16.8% Q1'26: +14.7% (vs Q1'25)
  • ROIC Electrical Equipment & Parts: +6.4%
    +60.2% Q1'26: +53.7% (vs Q1'25)
  • Share dilution Electrical Equipment & Parts: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×
    0.01× Q1'26: 0.01× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.35) × ERP
WACC = 100% × Ke + 0% × Kd (61.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 7,862.84 Current price: 5,643.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2000
actual
Mar 2001
actual
Mar 2015
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Revenue
1.86B
est.
2.20B
est.
4.41B
est: 5.31B (-16.9%)
4.74B
est: 5.28B (-10.2%)
5.29B
est: 5.21B (+1.5%)
6.66B
est: 6.03B (+10.5%)
6.94B
est: 7.23B (-4.0%)
6.78B
est: 6.46B (+5.0%)
8.96B
est: 7.77B (+15.3%)
10.91B
est: 8.87B (+23.0%)
12.39B
est: 12.87B (-3.8%)
13.73B
est: 14.80B (-7.2%)
EBITDA
308.21M
est.
358.20M
est.
377.84M
est: 881.41M (-57.1%)
483.00M
est: 875.86M (-44.9%)
525.80M
est: 864.12M (-39.2%)
832.50M
est: 1.00B (-16.9%)
1.11B
est: 1.20B (-7.7%)
939.90M
est: 1.07B (-12.4%)
1.26B
est: 1.69B (-25.7%)
1.95B
est: 1.47B (+32.2%)
2.34B
est: 3.20B (-26.9%)
2.52B
est: 3.68B (-31.5%)
EBIT
284.89M
est.
331.10M
est.
276.80M
est: 814.72M (-66.0%)
343.80M
est: 809.59M (-57.5%)
424.90M
est: 798.74M (-46.8%)
841.40M
est: 925.60M (-9.1%)
977.40M
est: 1.11B (-11.8%)
822.80M
est: 991.64M (-17.0%)
1.14B
est: 1.19B (-4.2%)
1.83B
est: 1.36B (+34.2%)
2.20B
est: 3.14B (-29.9%)
2.37B
est: 3.62B (-34.3%)
Net Income
108.80M
est.
148.39M
est.
151.90M
est: 435.65M (-65.1%)
260.00M
est: 346.55M (-25.0%)
371.50M
est: 365.17M (+1.7%)
575.90M
est: 435.04M (+32.4%)
714.10M
est: 739.43M (-3.4%)
592.90M
est: 584.77M (+1.4%)
843.10M
est: 1.00B (-15.9%)
1.36B
est: 1.04B (+30.6%)
1.63B
est: 1.97B (-17.1%)
1.75B
est: 2.69B (-34.9%)
SGA
46.98M
est.
54.60M
est.
479.60M
est: 134.35M (+257.0%)
462.60M
est: 133.51M (+246.5%)
150.80M
est: 131.72M (+14.5%)
165.00M
est: 152.64M (+8.1%)
167.80M
est: 182.81M (-8.2%)
500.20M
est: 163.53M (+205.9%)
194.50M
est: 2.03B (-90.4%)
209.60M
est: 224.40M (-6.6%)
81.90M
est: 325.62M (-74.8%)
71.90M
est: 374.47M (-80.8%)
EPS
7.07
est.
9.60
est.
9.87
est: 28.31 (-65.1%)
17.45
est: 22.52 (-22.5%)
24.13
est: 23.73 (+1.7%)
37.41
est: 28.27 (+32.3%)
46.39
est: 48.05 (-3.5%)
38.52
est: 38.00 (+1.4%)
54.77
est: 56.50 (-3.1%)
88.14
est: 67.50 (+30.6%)
105.88
est: 127.80 (-17.2%)
113.99
est: 175.10 (-34.9%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-26 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-25 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-22 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
139.89M
OE per share TTM
9.09
Owner's Yield
0.13%
Maintenance CapEx ratio
5.94%
Maint CapEx / Avg PPE
10.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.02% 160.1K 0.65%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.97M
Shares Outstanding
15.39M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Rohit Gambhir MD & Executive Director 32M male
Bhuvarahan Mohan Chief Financial Officer, Vice President of Finance & Executive Director 18M male
Ganeshsingh Balaji Company Secretary, Compliance Officer and Deputy GM of Legal & Compliance 6M male
V. Parthasarathy Head of Sourcing
Jagannathan Palle Venkata Vice President of Operations male
Ajai Bajpai Business Head of Welding Automation
V. Antony Jaimon Vice President of Human Resource male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits