NSE: ESABINDIA | BSE: 500133

Strong Performer, Getting Expensive

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6194.00 -167.50 (-2.63%)

New 52W High in past week

18,268 NSE+BSE Volume

NSE 12 Dec, 2025 3:31 PM (IST)

9,534.4

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Esab India Ltd. share price target and research reports

Name: Latest research reports of Esab India Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Esab India Ltd.
Rating: 3
Author: Karvy

Latest analyst research reports with target prices and PDF download for ESABINDIA, BSE:500133 Esab India Ltd.

Esab India Ltd.

01 Mar 2018

6194.00

-2.63%

Esab India Ltd: Strategic Decisions to Lead the Way (Mar 01, 2018)

Hold: Esab India Ltd.

Target

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 has gained 21.42% in the last 3 Months

Esab India Ltd.

21 Aug 2017

6194.00

-2.63%

Esab India Ltd: Strategic Decisions to Lead the Way (Aug 21, 2017)

Hold: Esab India Ltd.

Target

Karvy

Moderate growth, however improved profitability for QFY18: ESAB hasrecorded a turnover growth of 1.7% sequentially & 8.7% growth YoY for Q1FY17 owing to pressurized macro conditions and lower off-take from customer end. EBITDA, EBIT & Adj. PAT margins have recorded an expansion by 309 bps, 352 bps& 27 bps QoQ to reach 9.8%, 8.0% & 7.3% respectively.

Esab India Ltd. is trading above all available SMAs

Esab India Ltd.

16 Jun 2017

6194.00

-2.63%

Esab India Ltd: Strategic Decisions to Lead the Way (Jun 16, 2017)

Hold: Esab India Ltd.

Karvy

Strategic Decisions to Lead the Way: Moderate growth recorded for Q4FY17 - ESAB has recorded a turnover growth of 8.9% sequentially & a similar 7.3% growth YoY for Q4FY17 owing topressurized macro conditions and lower off-take from customer end. EBITDA, EBIT & adjusted PAT margins have recorded a slight expansion by 84 bps, 54 bps & 128 bps QoQ to reach 6.8%, 4.5% & 7.0% respectively. Full year FY17 performance has been quite sluggish with a revenue growth of 4.5% along with EBITDA & EBIT margin contraction of 103 bps & 109 bps to reach 8.3% & 6.3% respectively

Esab has gained 16.74% in the last 1 Month

Esab India Ltd.

13 Feb 2017

6194.00

-2.63%

Esab India Ltd: Disappointing Q3FY17 Results; Future Looks O... (Feb 13, 2017)

Hold: Esab India Ltd.

Target

Karvy

Disappointing Q3FY17 Results; Future Looks Optimistic: ESAB has recorded a turnover decline of 6.7% sequentially & a marginal 1.2% growth YoY for Q3FY17 owing to pressurized macro conditions and lower off-takefrom customer end. EBITDA, EBIT & PAT margins have also shrunk by 472 bps, 478 bps & 181 bps QoQ to reach 5.9%, 3.9% & 5.7% respectively. 9 months YTD performance has been quite optimistic with a revenue growth of 3.6% along withEBITDA margin contraction of 4 bps and EBIT & PAT margins expansion of 2 bps & 73 bps to reach 8.8%, 7.0% & 6.7% respectively compared to 9MFY16.

Esab has gained 21.42% in the last 3 Months

Esab India Ltd.

10 Nov 2016

6194.00

-2.63%

Esab India Ltd: Overall Positive Performance for Q2FY17, Equipments Segment Perf... (Nov 10, 2016)

Hold: Esab India Ltd.

Karvy

Overall Positive Performance for Q2FY17, Equipments Segment Performance Back in Line: Overall positive performance for Q2FY17 - ESAB has recorded a turnovergrowth of 4.1% sequentially & 3.3% YoY growth for Q2FY17 owing to improved volumes. H1FY17 turnover has recorded a 14.1% growth compared to YoY. EBITDA margin has expanded by 80 bps QoQ and 110 bps YoY mainly due to softening ofraw material and other expenses. Also H1FY17 EBITDA margin has expanded by 30 bps YoY on the same note.

Esab has gained 20.82% in the last 6 Months

Is Esab India Ltd. worth buying?

87 Votes:

Buy 66.67%

Sell 21.84%

Hold 11.49%