ESAB INDIA LTD

Manufactures and sells industrial equipment and cutting systems, with a separate after-market service business. A General Manager oversees Equipment Sales & After Market, while a Business Head handles Sales & Marketing for Equipment & Cutting Systems, indicating these are the two main commercial lines. FY26 revenue was Rs 1,508.15 crore, with net profit of Rs 206.69 crore and operating cash flow of Rs 18,069 lakhs. Materials are the biggest cost at Rs 644.07 crore, or 42.7% of revenue, followed by other operating expenses at Rs 214.69 crore (14.2%) and employee cost at Rs 145.12 crore (9.6%); depreciation was Rs 17.06 crore (1.1%) and capex was Rs 31.55 crore (2.1%). FY26 included an exceptional gain of Rs 3,091 lakhs from the sale of land at Khardah, West Bengal, partly offset by Rs 1,365 lakhs of impact from the new Labour Codes. The company has zero debt on its books and is the Indian subsidiary of ESAB Corporation, with the parent ESAB Holdings Limited nominating non-executive directors to the board. Total dividend for FY26 was Rs 75 per share (including two interim dividends of Rs 25 each and a proposed final dividend of Rs 25 per share).