Esab India Ltd
NSE: ESABINDIA BSE: 500133
₹5411.50
(0.32%)
Wed, 14 Oct 2026, 10:20 pm
Market Cap (in Cr)8321.77
PE Ratio37.54
Dividend1.39
Producer Manufacturing
Electrical Products
24.5KCompany History
1987
- The Company was incorporated on 10th November, as Esweld Pvt. Ltd. and the name was subsequently changed to Esab India Pvt. Ltd.
- Esab AB, Sweden took over the welding operations of Philips, Netherlands, parent company of Peico, Electronics & Electricals Ltd., Europe.
1988
- The Company was converted into a public limited company on 17th August.
1992
- The company issued 17,87,843 - 14% partly convertible debentures of Rs 100 each on Rights basis.
- The company issued 37,48,200-zero interest fully convertible debentures of Rs 20 each to foreign collaborators.
- 49,99,993 No. of equity shares of Rs 10 each were issued at par.
1994
- The Company proposed to launch additional products.
- The Company undertook to expand the existing unit and introduce new specialised consumables, welding equipment and accessories to cater to the growing Indian market.
- Maharashtra Weldaids Ltd. was amalgamated with the company.
1999
- Flo-tech Welding & Cutting Systems Ltd. became a subsidiary of the company.
2002
- Esab India Ltd has informed BSE that it has been decided by Esab Group to close down the equipment manufacturing operations in Esab Thailand and transfer the same to its Equipment Factory at Kolkata.
- Mr H V Schoyck has resigned as a Director and Chairman of the Board of Directors and Mr Homi Mullan has been nominated as a non-retiring Director and Chairman of the Board of Directors of the Company in place of Mr Schoyck.
2003
- Mr G Hariharan has been appointed as a Whole-Time Director of the Company with immediate effect.
- Mr. P Mallick has appointed as Non-Executive Director of the Company and Mr. B Pekkari has resigned as Non-Executive Director of the Company.
2004
- delists shares from Calcutta Stock Exchange Association Ltd
- Erkadi Systems has entered into an exclusive production arrangement with the Swedish company's subsidiary, Esab India.
2005
- Registered Office of the Company has been shifted From 2nd Floor, Lloyds Centre Point, 1096-A, Appasaheb Marathe Marg, Mumbai-400025 To 501/502 Sagar Tech Plaza 'B', 'Andheri Kurla Road', Saki-Naka - Andheri(East), Mumbai-400072,
2006
- Esab India - Esab AB, Sweden secures order from ISRO
2010
- Esab India Limited has appointed Mr. Vikram Tandon & Mr. Sudhir Chand as additional directors, liable to retire by rotation, with effect from April 23, 2010.
- Esab India Limited has appointed Mr. James Richard Deeley as an additional director of the company with effect from July 28, 2010.
2011
- Mr. B. Mohan has been appointed as the Chief Financial Officer.
2012
- Mr. Daniel Alexis Pryor has been appointed as a Non - Executive Director.
2013
- Esab India Ltd has appointed Mr. Rohit Gambhir as an Executive Director and CEO of the Company.
- Esab India Ltd has recommended a final dividend of Rs. 7.50 per equity share.
2014
- Esab India Ltd has recommended a final dividend of Rs 1/- per equity share.
- Esab India Ltd has appointed of Ms. Sabitha Rao as an Independent Woman Director.
2018
- Esab India has approved acquisition of the welding business of M/s Sandvik Asia Private Limited, Pune.
2021
- ESAB Launches Chrome-Molybdenum Filler Metal Range To Improve Welding Results In ASME 'B3' Pressure, Power and Process Piping Applications.
- ESAB launches InduSuite (InduSuite.com), a brand-agnostic portfolio of software applications that revolutionizes workflow, quality, and business performance, to help fabricators and manufacturers improve operational efficiency.
2022
- ESAB Launches Revolutionized Global Product Website Focused on User Experience and Fabricator Education.
- ESAB India Shared Service Centre has been adjudged as the Best Shared Services Team in India FY 2022 by UBS forums.
- ESAB India won the 9th National CSR Times Award (Skill Development) under the aegis of CSR Times & Indian Achievers Forum.
