Esab India Limited
ESAB India Limited manufactures and sells welding and cutting equipment and consumables in India and internationally. The company offers gas equipment, such as cutting machines, H/VAC and plumbing, outfits, regulators, safety accessories, torches, and wear parts; arc gouging and exothermic cutting; manual plasma cutting products; filler metals, including aluminum, copper, hard facing, low alloy, … Read more
Esab India Limited (ESABINDIA) - Net Assets
Latest net assets as of September 2025: ₹4.17 Billion INR
Based on the latest financial reports, Esab India Limited (ESABINDIA) has net assets worth ₹4.17 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹6.37 Billion) and total liabilities (₹2.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.17 Billion |
| % of Total Assets | 65.43% |
| Annual Growth Rate | 11.6% |
| 5-Year Change | 39.36% |
| 10-Year Change | 14.49% |
| Growth Volatility | 29.91 |
Esab India Limited - Net Assets Trend (2005–2025)
This chart illustrates how Esab India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Esab India Limited (2005–2025)
The table below shows the annual net assets of Esab India Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹3.61 Billion | +18.03% |
| 2024-03-31 | ₹3.06 Billion | +17.59% |
| 2023-03-31 | ₹2.60 Billion | +6.57% |
| 2022-03-31 | ₹2.44 Billion | -5.79% |
| 2021-03-31 | ₹2.59 Billion | -23.25% |
| 2020-03-31 | ₹3.38 Billion | +26.69% |
| 2019-03-31 | ₹2.67 Billion | -29.52% |
| 2018-03-31 | ₹3.78 Billion | +10.75% |
| 2017-03-31 | ₹3.42 Billion | +8.24% |
| 2016-03-31 | ₹3.16 Billion | +9.16% |
| 2015-03-31 | ₹2.89 Billion | +8.15% |
| 2014-03-31 | ₹2.67 Billion | +13.27% |
| 2013-03-31 | ₹2.36 Billion | +11.51% |
| 2012-03-31 | ₹2.12 Billion | +10.79% |
| 2011-03-31 | ₹1.91 Billion | +14.24% |
| 2010-03-31 | ₹1.67 Billion | +22.01% |
| 2009-03-31 | ₹1.37 Billion | +31.67% |
| 2008-03-31 | ₹1.04 Billion | +35.30% |
| 2007-03-31 | ₹769.18 Million | +124.46% |
| 2006-03-31 | ₹342.67 Million | -14.82% |
| 2005-03-31 | ₹402.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Esab India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 285640000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.86 Billion | 79.07% |
| Common Stock | ₹153.90 Million | 4.26% |
| Other Comprehensive Income | ₹509.00 Million | 14.09% |
| Other Components | ₹93.20 Million | 2.58% |
| Total Equity | ₹3.61 Billion | 100.00% |
Esab India Limited Competitors by Market Cap
The table below lists competitors of Esab India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bumi Armada Bhd
KLSE:5210
|
$249.13 Million |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
$249.14 Million |
|
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
SHE:002816
|
$249.23 Million |
|
AUCTION TECH.GRP.LS-0001
F:684
|
$249.29 Million |
|
I-MAB SPONS.ADS/1 -0001
F:0VY
|
$249.02 Million |
|
Guilin Sanjin Pharmaceutical Co Ltd
SHE:002275
|
$248.96 Million |
|
Ningbo Heli Mould Technology Co Ltd Class A
SHG:603917
|
$248.87 Million |
|
Objective Corporation Ltd
AU:OCL
|
$248.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Esab India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,060,600,000 to 3,612,500,000, a change of 551,900,000 (18.0%).
- Net income of 1,754,200,000 contributed positively to equity growth.
- Dividend payments of 1,563,600,000 reduced retained earnings.
- Other factors increased equity by 361,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.75 Billion | +48.56% |
| Dividends Paid | ₹1.56 Billion | -43.28% |
| Other Changes | ₹361.30 Million | +10.0% |
| Total Change | ₹- | 18.03% |
Book Value vs Market Value Analysis
This analysis compares Esab India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 23.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 208.07x to 23.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹26.10 | ₹5431.50 | x |
| 2006-03-31 | ₹22.23 | ₹5431.50 | x |
| 2007-03-31 | ₹49.94 | ₹5431.50 | x |
| 2008-03-31 | ₹67.61 | ₹5431.50 | x |
| 2009-03-31 | ₹89.02 | ₹5431.50 | x |
| 2010-03-31 | ₹108.61 | ₹5431.50 | x |
| 2011-03-31 | ₹124.08 | ₹5431.50 | x |
| 2012-03-31 | ₹137.46 | ₹5431.50 | x |
| 2013-03-31 | ₹153.28 | ₹5431.50 | x |
| 2014-03-31 | ₹173.63 | ₹5431.50 | x |
| 2015-03-31 | ₹187.78 | ₹5431.50 | x |
| 2016-03-31 | ₹204.99 | ₹5431.50 | x |
| 2017-03-31 | ₹221.88 | ₹5431.50 | x |
| 2018-03-31 | ₹245.73 | ₹5431.50 | x |
| 2019-03-31 | ₹173.19 | ₹5431.50 | x |
| 2020-03-31 | ₹219.42 | ₹5431.50 | x |
| 2021-03-31 | ₹168.40 | ₹5431.50 | x |
| 2022-03-31 | ₹158.66 | ₹5431.50 | x |
| 2023-03-31 | ₹169.08 | ₹5431.50 | x |
| 2024-03-31 | ₹198.83 | ₹5431.50 | x |
| 2025-03-31 | ₹234.75 | ₹5431.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Esab India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 48.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.77%
- • Asset Turnover: 2.12x
- • Equity Multiplier: 1.79x
- Recent ROE (48.56%) is above the historical average (34.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 50.83% | 10.99% | 1.88x | 2.46x | ₹164.08 Million |
| 2006 | 115.92% | 16.66% | 1.77x | 3.93x | ₹362.51 Million |
| 2007 | 55.47% | 14.85% | 2.21x | 1.69x | ₹349.56 Million |
| 2008 | 51.52% | 15.63% | 2.11x | 1.56x | ₹432.10 Million |
| 2009 | 44.65% | 14.48% | 2.10x | 1.47x | ₹474.79 Million |
| 2010 | 39.59% | 15.73% | 1.85x | 1.36x | ₹494.64 Million |
| 2011 | 30.87% | 11.78% | 1.69x | 1.55x | ₹398.59 Million |
| 2012 | 22.42% | 8.16% | 2.00x | 1.37x | ₹262.82 Million |
| 2013 | 16.01% | 7.62% | 1.50x | 1.40x | ₹141.75 Million |
| 2014 | 12.39% | 7.60% | 1.24x | 1.31x | ₹63.93 Million |
| 2015 | 5.26% | 3.44% | 1.20x | 1.28x | ₹-137.15 Million |
| 2016 | 8.98% | 6.28% | 1.17x | 1.22x | ₹-32.14 Million |
| 2017 | 7.61% | 5.49% | 1.11x | 1.25x | ₹-81.54 Million |
| 2018 | 9.82% | 7.03% | 1.10x | 1.27x | ₹-6.76 Million |
| 2019 | 21.60% | 8.64% | 1.76x | 1.42x | ₹309.31 Million |
| 2020 | 21.14% | 10.29% | 1.51x | 1.36x | ₹376.35 Million |
| 2021 | 22.87% | 8.74% | 1.75x | 1.50x | ₹333.68 Million |
| 2022 | 34.52% | 9.41% | 2.06x | 1.79x | ₹598.88 Million |
| 2023 | 52.13% | 12.44% | 2.30x | 1.82x | ₹1.10 Billion |
| 2024 | 53.25% | 13.16% | 2.25x | 1.80x | ₹1.32 Billion |
| 2025 | 48.56% | 12.77% | 2.12x | 1.79x | ₹1.39 Billion |
Industry Comparison
This section compares Esab India Limited's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $6,426,691,605
- Average return on equity (ROE) among peers: -170.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Esab India Limited (ESABINDIA) | ₹4.17 Billion | 50.83% | 0.53x | $249.10 Million |
| Harsha Engineers International Limited (HARSHA) | $12.54 Billion | 7.12% | 0.35x | $82.42 Million |
| Lakshmi Precision Screws Limited (LAKPRE) | $929.39 Million | 10.07% | 1.95x | $175.46K |
| NRB Industrial Bearings Limited (NIBL) | $10.21 Million | -1454.78% | 128.82x | $1.91 Million |
| SKF India Limited (SKFINDIA) | $26.83 Billion | 20.57% | 0.36x | $420.75 Million |
| Sterling Tools Limited (STERTOOLS) | $510.10 Million | 14.92% | 1.78x | $15.41 Million |
| Technocraft Industries (India) Limited (TIIL) | $5.65 Billion | 15.88% | 0.74x | $129.29 Million |
| Timken India Limited (TIMKEN) | $3.82 Billion | 11.70% | 0.93x | $1.31 Billion |
| Wendt (India) Limited (WENDT) | $1.12 Billion | 10.73% | 0.30x | $95.56 Million |