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Esab India Ltd logo

Esab India Ltd

NSE: ESABINDIA BSE: 500133

â‚ą6511

(7.24%)

Sat, 06 Jun 2026, 04:03 pm

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Esab India Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • ESAB India's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • ESAB India's dividend is above the markets top 25% of dividend payers in India (3.08%).
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Cons

  • Dividends paid are not well covered by earnings (0.6x coverage).
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

health

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Pros

  • ESAB India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ESAB India is profitable, therefore cash runway is not a concern.
  • ESAB India is profitable, therefore cash runway is not a concern.
  • ESAB India has no debt, it does not need to be covered by operating cash flow.
  • ESAB India has no debt, it does not need to be covered by short term assets.
  • ESAB India's cash and other short term assets cover its long term commitments.
  • ESAB India has not taken on any debt in the past 5 years.
  • ESAB India has no debt, therefore coverage of interest payments is not a concern.
  • ESAB India has no debt.
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Cons

  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the ESAB India board of directors is about average.
  • Rohit's remuneration is about average for companies of similar size in India.
  • Rohit's compensation has been consistent with company performance over the past year, both up more than 20%.
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Cons

    misc

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    Pros

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      Cons

      • ESAB India is not covered by any analysts.
      • ESAB India has significant price volatility in the past 3 months.

      past

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      Pros

      • ESAB India's 1-year earnings growth exceeds its 5-year average (38.2% vs 26.9%)
      • ESAB India has delivered over 20% year on year earnings growth in the past 5 years.
      • ESAB India used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
      • ESAB India has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
      • ESAB India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
      • ESAB India's earnings growth has exceeded the IN Machinery industry average in the past year (38.2% vs -7.2%).
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      Cons

        value

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        Pros

        • ESABINDIA outperformed the Machinery industry which returned -23.7% over the past year.
        • ESABINDIA outperformed the Market in India which returned -14.5% over the past year.
        • NSEI:ESABINDIA is up 32% outperforming the Machinery industry which returned 8.3% over the past month.
        • NSEI:ESABINDIA is up 32% outperforming the market in India which returned 8% over the past month.
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        Cons

        • ESAB India's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
        • ESAB India's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
        • ESAB India is overvalued based on assets compared to the IN Machinery industry average.
        • ESAB India is overvalued based on earnings compared to the IN Machinery industry average.
        • ESAB India is overvalued based on earnings compared to the India market.