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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
ESAB India Limited is an India-based company, which is engaged in the business of fabrication technology. Its product line includes accessories and consumables, cutting automation, filler metals, gas equipment, manual plasma cutting, PPE / safety, robotics, torches, welding…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, steadily growing business, trading cheap versus its own history.
ESAB India is scored on the general / industrial framework. It keeps a healthy 13.7% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.87×). Free cash flow is worth about 1.8% of its market value.
Over the last 3 years revenue compounded at 11%/yr and profit at 15%/yr. Book value itself has compounded 18%/yr — the hallmark of a genuine compounder. Return on equity is an elite 59.3%. In the latest quarter profit grew 29% versus the prior quarter.
At 37× earnings, the stock sits at the 1st percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~4%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 14.22 | 24.68 | better |
| P/B | 6.81 | 2.85 | worse |
| EV/EBITDA | 7.9 | 13.7 | better |
| ROE | 59.31 | 24.75 | better |
| ROCE | 90.76 | 30.17 | better |
| ROA | 51.54 | 11.54 | better |
| Quick Ratio | 1.57 | 6.61 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Revenue has grown every year across all 4 financial years shown. 11% CAGR over 3 years — steady double-digit compounder.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (15% vs 11%) — margin expansion is at work.
Operating margin has expanded from 17% to 18% — the business is keeping more of each rupee earned.
ROE at 48% — the business earns well above its cost of equity.
EPS has grown every year — each share earns more than the last, consistently. 15% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 6% sequentially — momentum is building.
Profit jumped 29% QoQ — check if this is operating leverage or a one-off item. Quarterly margins are compressing (21% → 13%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 73.7% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.