Esab India logo

Esab India share price

NSE: ESABINDIABSE: 500133Industrial ProductsSmall Cap

Last close ₹5,307.50down ₹82.00 (1.52%)BSE ₹5,298.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹5,389.50.

52-week range of traded prices to 23 Oct 2026
₹4,710.00Low, 7 Nov 2025₹7,319.50High, 7 May 2026
Market cap
₹8,170 Cr583rd largest listed
P/E
36.8
P/B
19.0
Dividend yield
1.41%
ROE
56.1%
ROCE
63.5%
Debt to equity
0.00
Volume, NSE
7,44750.8% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+6.8%over a year · Nifty 500 −9.8%

ResultsDividend20-session average 2,694 shares a day, 58.2% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹421 Crup 6.41%
Net profit
₹56 Crup 28.91%
Net margin
13.3%

Revenue by year

Peak revenue ₹1,508 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 8 NovDec 2024Filed 10 FebMar 2025Filed 12 JunJun 2025Filed 11 AugSep 2025Filed 10 NovDec 2025Filed 10 FebMar 2026Filed 28 MayJun 2026Filed 11 Aug
Revenue339337368352382379396421
Net profit4340474179434456
Net margin12.7%12.0%12.9%11.6%20.8%11.4%11.0%13.3%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Fabrication Technology, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 40% of 2,480 trading days over the last 10 years.

LowestHighest
Its median43.6Industry median20.8
Price to book

At or below today's level on 42% of 1,975 trading days since Nov 2018.

LowestHighest
Its median20.2Industry median2.4
EV to EBITDA27.9

At or below today's level on 22% of 1,850 trading days since May 2019.

LowestHighest
Its median34.4Industry median14.2
Dividend yield

At or below today's level on 41% of 2,475 trading days over the last 10 years.

LowestHighest
Its median1.58%Industry median0.39%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+10.9%+17.8%−7.1%1.5%
3 years+13.7%+15.1%−2.7%1.7%
5 years+24.5%+28.4%−4.5%1.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters73.72%
  • Foreign institutions1.52%
  • Indian institutions12.77%
  • Individuals and others11.98%
Holder
ESAB Holdings LimitedPromoter37.31%
Exelvia Group India B VPromoter36.41%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

15 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.Mutual fund holdings

Cut
2
Held unchanged
13
Fund
SBI Mutual Fund logoSBI Small Cap FundSBI Mutual Fund9,00,0001.21%₹497.7 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund8,53,7820.58%₹472.1 Cr
Sundaram Mutual Fund logoSundaram Small Cap FundSundaram Mutual Fund52,0520.70%₹28.8 Cr
SBI Mutual Fund logoSBI Retirement Benefit Fund - AggressiveSBI Mutual Fund31,0390.56%₹17.2 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life MNC FundAditya Birla Sun Life Mutual Fund30,5700.56%₹16.9 Cr
Sundaram Mutual Fund logoSundaram Infrastructure Advantage FundSundaram Mutual Fund25,0001.50%₹13.8 Cr
SBI Mutual Fund logoSBI Retirement Benefit Fund - Aggressive HybridSBI Mutual Fund11,8810.41%₹6.57 Cr
Sundaram Mutual Fund logoSundaram Long Term Micro Cap Tax Advantage Fund Series IIISundaram Mutual Fund3,0652.26%₹1.69 Cr
Sundaram Mutual Fund logoSundaram Long Term Micro Cap Tax Advantage Fund Series VISundaram Mutual Fund1,5172.34%₹0.84 Cr
Sundaram Mutual Fund logoSundaram Long Term Micro Cap Tax Advantage Fund Series IVSundaram Mutual Fund1,4462.24%₹0.80 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Other Industrial Products, 57 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Esab India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
HBL Engineering logoHBL EngineeringHBLENGINE21,34027.39.619.5+63.0%+129.6%42.2%45.0%0.39%
INOX India logoINOX IndiaINOXINDIA16,94666.515.249.6+19.9%+8.8%25.6%25.9%0.11%
KRN Heat Exchanger and Refrigeration logoKRN Heat Exchanger and RefrigerationKRN6,66768.8––+64.0%+81.8%18.1%15.9%0.00%
WPIL logoWPILWPIL3,89222.92.411.1+8.4%+46.6%11.5%12.4%0.50%
Subros logoSubrosSUBROS3,83723.13.111.8+13.8%+6.4%14.2%15.7%0.51%
Harsha Engineers International logoHarsha Engineers InternationalHARSHA3,68223.82.615.9+20.2%+69.6%11.6%11.4%0.37%
Aimtron ElectronicsAIMTRON3,43874.814.7–+89.2%+79.4%23.6%–0.00%
Ador Welding logoAdor WeldingADOR2,25419.54.014.2+12.9%+111.7%21.7%22.8%1.78%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹90.00 a share, years to Mar 2019 and Mar 2025.
Ex-dateTypePer share
23 Jul 2026Final₹25.00
13 Feb 2026Interim₹25.00
14 Nov 2025Interim₹25.00
7 Aug 2025Final₹42.00
20 Feb 2025Interim₹23.00
19 Nov 2024Interim₹25.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Esab India share price by year

Each calendar year to 2025.Esab India share price history

YearClose at year endChangeHighest closeLowest close
20256,091.00+3.4%6,361.504,330.65
20245,890.15+0.1%6,634.504,785.00
20235,881.75+42.1%6,458.853,281.50
20224,140.15+23.4%4,210.252,715.90
20213,354.05+76.2%3,445.251,744.60
20201,903.85+47.6%1,904.30947.70
20191,290.30+40.5%1,387.65816.00
2018918.55+14.7%1,027.05603.30
2017800.60+38.6%1,024.60552.65
2016577.50−10.6%672.75440.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20265,370.005,370.005,096.505,307.505,208.087,44750.8%
22 Oct 20265,291.505,450.005,225.005,389.505,301.102,64354.6%
21 Oct 20265,423.005,423.005,261.005,291.505,307.212,08756.7%
19 Oct 20265,472.005,472.005,365.505,424.005,414.452,33358.6%
16 Oct 20265,471.005,471.005,413.005,453.005,446.101,00457.8%
15 Oct 20265,528.505,564.505,456.005,479.505,507.211,76561.2%
14 Oct 20265,539.005,600.005,460.505,564.505,554.671,77166.9%
13 Oct 20265,440.505,597.505,421.005,497.505,498.402,67145.2%
12 Oct 20265,394.005,469.505,353.505,452.505,424.082,75662.3%
9 Oct 20265,389.005,400.005,308.505,394.505,364.361,93256.5%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Esab India Limited
NSE symbol
ESABINDIA
BSE code
500133
ISIN
INE284A01012
Industry
Industrial Products
Listed
Jan 1989 on BSE, Nov 1995 on NSE
Face value
₹10
CIN
L29299TN1987PLC058738
Corporate identity number, the registrar of companies' code for it