The company was incorporated in the year 1988 and is headquartered in Pune, Maharashtra. Products include welding consumables, arc welding equipment, plasma, cutting automation, gas equipment, welding automation & robotics, digital solutions, and PPE & accessories. The company's products are used in various industries such as automotive, aerospace, and construction.
Cyborg Score Rationale
ROCE stands at 70.0% and ROE at 52.3%, demonstrating strong capital efficiency. Net profit jumped 83.5% since last year same period to ₹79.20Cr in Q2 2025-2026. The company has strong fundamentals but faces valuation headwinds at elevated multiples.
Top Insights
Net profit surged 83.5% year-over-year to ₹79.20Cr in Q2 FY26
Company maintains industry-leading ROCE of 70.0% and ROE of 52.3%
Company is almost debt free
Exports to 30+ countries across Asia, Europe, Middle East, and Africa with global brand portfolio (Esab, Arcair, Hypertherm)