5676.5000 -67.50 (-1.18%)
NSE Dec 08, 2025 15:44 PM
Volume: 5,815
 

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Esab India Ltd.
01 Mar 2018
5676.50
-1.18%
Karvy
Muted revenue growth, profitability to improve: We assess the Q3FY18 results to be positive. YoY EPS grew by 58% aided by mainly an EBITDA expansion of 480 bps coupled with 14.2% revenue growth. We expect the margins to grow consistently in near future reaching 12.4% EBITDA margin along with 8.9% net profit margin by FY20E. However, in view of higher valuations we retain HOLD rating with a target price of Rs. 850 with an upside potential of 7%.
Esab India Ltd. is trading above all available SMAs
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