ESAB India Limited manufactures and sells welding and cutting equipment in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹2,337.20|
|52 Week High||₹1,300.00|
|52 Week Low||₹2,500.00|
|1 Month Change||7.11%|
|3 Month Change||24.48%|
|1 Year Change||73.83%|
|3 Year Change||162.95%|
|5 Year Change||301.65%|
|Change since IPO||4,769.17%|
Recent News & Updates
|500133||IN Machinery||IN Market|
Return vs Industry: 500133 underperformed the Indian Machinery industry which returned 80.6% over the past year.
Return vs Market: 500133 exceeded the Indian Market which returned 61.7% over the past year.
Stable Share Price: 500133 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 500133's weekly volatility (6%) has been stable over the past year.
About the Company
ESAB India Limited manufactures and sells welding and cutting equipment in India. The company offers gas equipment; welding consumables; welding automation and robotics; ESAB digital solutions; filler metals; arc welding equipment; plasma cutting equipment; and cutting automation products, as well as PPE products and accessories, including helmets and head protection, gloves, clothes, eye protection products, and accessories. It serves the shipbuilding, petrochemical, construction, transport, offshore, energy, and general engineering industries, as well as repair and maintenance of steel, mills, cement, sugar industries, etc. The company sells its products under the Arcair, Exaton, GASARC, Stoody, TBI Industries, Thermal Dynamics, Tweco, and Victor brand names.
ESAB India Fundamentals Summary
|500133 fundamental statistics|
Is 500133 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500133 income statement (TTM)|
|Cost of Revenue||₹4.70b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||47.08|
|Net Profit Margin||9.75%|
How did 500133 perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is ESAB India undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500133 (₹2337.2) is trading above our estimate of fair value (₹684.08)
Significantly Below Fair Value: 500133 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500133 is poor value based on its PE Ratio (49.6x) compared to the Indian Machinery industry average (24.3x).
PE vs Market: 500133 is poor value based on its PE Ratio (49.6x) compared to the Indian market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500133's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500133 is overvalued based on its PB Ratio (13.9x) compared to the IN Machinery industry average (1.9x).
How is ESAB India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ESAB India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has ESAB India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500133 has high quality earnings.
Growing Profit Margin: 500133's current net profit margins (9.8%) are higher than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: 500133's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: 500133's earnings growth over the past year (17.2%) is below its 5-year average (19.7% per year).
Earnings vs Industry: 500133 earnings growth over the past year (17.2%) underperformed the Machinery industry 77.1%.
Return on Equity
High ROE: 500133's Return on Equity (28%) is considered high.
How is ESAB India's financial position?
Financial Position Analysis
Short Term Liabilities: 500133's short term assets (₹2.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 500133's short term assets (₹2.9B) exceed its long term liabilities (₹69.1M).
Debt to Equity History and Analysis
Debt Level: 500133's debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 500133's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 500133's debt is well covered by operating cash flow (2135.1%).
Interest Coverage: 500133 earns more interest than it pays, so coverage of interest payments is not a concern.
What is ESAB India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500133's dividend (2.14%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: 500133's dividend (2.14%) is in the top 25% of dividend payers in the Indian market (1.42%)
Stability and Growth of Payments
Stable Dividend: 500133's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500133's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.5%), 500133's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rohit Gambhir (48 yo)
Mr. Rohit Gambhir has been the Managing Director of ESAB India Limited since November 1, 2014. Mr. Gambhir served as the Chief Executive Officer at ESAB India Limited since November 1, 2013 until November...
CEO Compensation Analysis
Compensation vs Market: Rohit's total compensation ($USD313.07K) is about average for companies of similar size in the Indian market ($USD306.13K).
Compensation vs Earnings: Rohit's compensation has increased by more than 20% in the past year.
Experienced Board: 500133's board of directors are considered experienced (7.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ESAB India Limited's employee growth, exchange listings and data sources
- Name: ESAB India Limited
- Ticker: 500133
- Exchange: BSE
- Founded: 1987
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹35.977b
- Shares outstanding: 15.39m
- Website: https://www.esabindia.com
Number of Employees
- ESAB India Limited
- Plot No. 13, Industrial Estate
- 3rd Main Road
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:12|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.