ESAB India Limited: Business Overview, Financials & Competitive Analysis
ESAB India Limited scores 7/10 on the AskCyborg Cyborg Score (Solid). High-quality industrial manufacturer with exceptional returns on capital and strong earnings growth, though current valuations at elevated multiples warrant caution for new entrants. 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.
What is ESAB India Limited's industry? ESAB India Limited (esabindia.com) operates in Fabrication Technology & Welding Equipment Manufacturing. AskCyborg classifies ESAB India Limited under Fabrication Technology & Welding Equipment Manufacturing in its company registry.
ESAB India is a leading supplier of welding and cutting products in India. It is a subsidiary of ESAB Group which was ultimately owned by the Colfax Corporation of USA. The company operates a comprehensive business sp...
Cyborg Score thesis
High-quality industrial manufacturer with exceptional returns on capital and strong earnings growth, though current valuations at...
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Get Current Report FreeESAB India Limited Overview
Pro stress-test →ESAB India is a leading supplier of welding and cutting products in India. It is a subsidiary of ESAB Group which was ultimately owned by the Colfax Corporation of USA. The company operates a comprehensive business spanning equipment, consumables, automation, and digital solutions across multiple industrial sectors.
Strategic Profile
Pro stress-test →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.
Competitive Landscape
Pro stress-test →Top peers in the Engineering sector include Ingersoll-Rand, Jindal Saw, and Elecon Engineering. ESAB India maintains competitive advantages through global brand recognition, diversified product portfolio, debt-free balance sheet, and strong R&D capabilities in fabrication technology.
Industry Context
ESAB India Limited operates in Fabrication Technology & Welding Equipment Manufacturing.
Key facts
Founded: 1987 · Headquarters: Pune, Maharashtra, India · Revenue: ₹381.55Cr (Q2 FY26) · Market cap: ₹96.26B