Esab India Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Rs. 25 per equity share.
ESABINDIA · price
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Esab India Limited reported audited FY2026 results with total income of Rs. 1,51,418 Lakhs, up 9.6% from Rs. 1,38,125 Lakhs in FY2025. Net profit after tax grew 17.8% to Rs. 20,669 Lakhs from Rs. 17,542 Lakhs. EPS improved to Rs. 134.30 from Rs. 113.98. The Board recommended a final dividend of Rs. 25 per share (250% on Rs. 10 face value), payable after shareholder approval at the July 29, 2026 AGM. This follows two interim dividends of Rs. 25 each already paid in December 2025 and March 2026. Exceptional items included a Rs. 3,091 Lakhs gain from land sale at Khardah, partially offset by Rs. 1,365 Lakhs impact from new Labour Code provisions. Statutory auditors Deloitte Haskins & Sells issued an unmodified (clean) opinion on the financial results.
The company delivered solid double-digit profit growth with clean audit status. The total dividend of Rs. 75 per share (including Rs. 50 already paid) signals strong cash generation. Positive exceptional items from asset sale add to reported earnings. Shareholders can expect the stock to reflect healthy fundamentals.