Esab India Ltd.

NSE: ESABINDIA | BSE: 500133 | ISIN: INE284A01012 | Industry: Other Industrial Goods
| Mid-range Performer
5140.5000 -90.50 (-1.73%)
NSE Aug 29, 2025 15:31 PM
Volume: 1,641
 

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Esab India Ltd.
01 Mar 2018
5140.50
-1.73%
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 below its 30 day SMA of 5340.8
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