Esab India Key Ratios
NSE: ESABINDIA | BSE: 500133
₹6,124.50
As on 31-Aug-2026 14:59IST
Market cap
₹9,435 Cr
Revenue (TTM)
₹1,577 Cr
P/E Ratio
42.5
P/B Ratio
19.4
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.41 | 19.63 | 12.99 | 11.30 | 16.40 |
| EBIT | 27.81 | 35.84 | 20.68 | 11.87 | 25.25 |
| Net Profit | 28.91 | 37.13 | 20.85 | 10.86 | 23.45 |
| EPS | 28.91 | 37.13 | 29.07 | 13.33 | 25.08 |
| Book Value | -- | -- | 18.86 | 18.16 | 10.62 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 16.76 | 15.64 | 17.27 | 16.61 | 16.55 |
| Net Margin
| 12.97 | 12.07 | 14.01 | 13.50 | 12.55 |
| Return on equity
| 54.14 | 49.94 | 49.11 | 52.28 | 52.58 |
| Return on Capital
| 73.23 | 67.50 | -- | 69.97 | 71.26 |
| Return on Assets
| 30.87 | 28.61 | 32.97 | 31.15 | 29.57 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
69.97
|
71.26
|
78.45
|
72.47
|
|
Peer Median
|
--
|
16.27
|
24.43
|
20.53
|
--
|
ROE
49.11
Higher than Peers by 36.05
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
49.11
|
52.28
|
52.58
|
57.56
|
53.79
|
|
Peer Median
|
13.07
|
13.03
|
18.52
|
15.93
|
--
|
ROA
32.97
Higher than Peers by 22.98
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
32.97
|
31.15
|
29.57
|
31.90
|
29.90
|
|
Peer Median
|
9.99
|
9.01
|
13.12
|
10.35
|
--
|
EBIT Margin
17.27
Higher than Peers by 9.05
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
17.27
|
16.61
|
16.55
|
17.12
|
15.85
|
|
Peer Median
|
8.22
|
11.12
|
12.47
|
7.78
|
--
|
Net Margin
14.01
Higher than Peers by 7.58
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
14.01
|
13.50
|
12.55
|
12.87
|
12.20
|
|
Peer Median
|
6.43
|
6.99
|
10.79
|
5.47
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
14.49
|
13.53
|
13.94
|
13.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
12.99
Higher than Peers by 3.95
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
12.99
|
9.75
|
10.35
|
14.04
|
21.65
|
|
Peer Median
|
9.04
|
18.70
|
5.64
|
10.99
|
--
|
EBIT Growth
20.68
Higher than Peers by 8.34
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
20.68
|
10.14
|
6.64
|
23.24
|
59.82
|
|
Peer Median
|
12.34
|
24.83
|
-2.44
|
1.88
|
--
|
Net Profit Growth
20.85
Higher than Peers by 8.71
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
20.85
|
17.83
|
7.63
|
20.12
|
60.93
|
|
Peer Median
|
12.14
|
29.07
|
-6.87
|
5.11
|
--
|
EPS Growth
29.07
Higher than Peers by 20.92
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
29.07
|
17.83
|
7.63
|
20.12
|
60.93
|
|
Peer Median
|
8.15
|
29.94
|
-8.56
|
13.60
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
18.86
|
18.03
|
17.59
|
6.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
0.07
|
0.12
|
0.16
|
--
|
Current Ratio
2.14
Lower than Peers by 0.14
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
2.14
|
2.14
|
1.72
|
1.74
|
1.71
|
|
Peer Median
|
2.28
|
2.20
|
1.89
|
1.93
|
--
|
Quick Ratio
1.57
Higher than Peers by 0.01
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
1.57
|
1.57
|
1.25
|
1.26
|
1.11
|
|
Peer Median
|
1.56
|
1.57
|
1.86
|
1.30
|
--
|
Interest Coverage
173.47
Higher than Peers by 146.79
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
173.47
|
106.79
|
117.12
|
101.44
|
365.58
|
|
Peer Median
|
26.68
|
28.05
|
23.67
|
12.84
|
--
|
Operating Efficiency
Debtors to sales
16.11
Lower than Peers by 4.16
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
16.11
|
16.66
|
16.28
|
14.99
|
13.79
|
|
Peer Median
|
20.27
|
16.22
|
17.84
|
17.12
|
--
|
Asset Turnover
2.34
Higher than Peers by 0.76
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
2.34
|
2.33
|
2.37
|
2.48
|
2.44
|
|
Peer Median
|
1.59
|
1.57
|
1.51
|
1.76
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
56.77
|
53.86
|
49.10
|
47.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
32.07
|
31.39
|
33.78
|
37.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
83.42
|
73.45
|
69.97
|
80.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
--
|
5.42
|
11.80
|
12.91
|
4.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
42.52
Higher than Peers by 14.48
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
42.52
|
36.90
|
39.90
|
49.64
|
40.11
|
|
Peer Median
|
28.04
|
28.04
|
36.27
|
34.22
|
--
|
Price / Book Value
19.43
Higher than Peers by 14.63
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
19.43
|
17.76
|
19.37
|
26.44
|
20.91
|
|
Peer Median
|
4.80
|
4.80
|
3.44
|
3.96
|
--
|
Dividend Yield
1.22
Higher than Peers by 0.84
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
1.22
|
1.51
|
1.98
|
1.64
|
2.21
|
|
Peer Median
|
0.38
|
0.38
|
0.56
|
0.14
|
--
|
EV/EBITDA
31.54
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
31.54
|
27.32
|
27.39
|
33.92
|
27.67
|
|
Peer Median
|
--
|
29.90
|
29.69
|
25.72
|
--
|
Market Cap
9,435
Higher than Peers by 7,900
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Esab India
|
9,435
|
7,626
|
6,999
|
8,091
|
5,442
|
|
Peer Median
|
1,535
|
1,535
|
1,742
|
1,126
|
--
|