ESAB India Limited
Quality (73/100) does the heavy lifting; valuation (13/100) is the drag.
ExpensiveOvervaluedStocksWizard rates ESAB India Limited a Sell, scoring 36/100 on our blended model. We put fair value near ₹2,814.25; at ₹5,628.5 that leaves roughly 50% downside, so the stock screens overvalued by 50%. On 42.0x trailing earnings it sits pricier than the Industrials median of about 29.0x. The price is about 21% below its 52-week high of ₹7,119.61 and 20% above the low of ₹4,697.85. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. It clears 6 of 13 investability checks, with durability 73, valuation 25 and momentum 17 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹2,251.4.
1-year price
EOD · 2026-07-3152-week range
-20.94% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell36Piotroski F-score 4/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 52.3%
- Pass: Low debt (D/E < 0.5): 0.01x
- Pass: Positive free cash flow
- Fail: Revenue growth > 10%: 8%
- Fail: Earnings growing: -8%
- Pass: Net margin ≥ 10%: 13.7%
- Pass: Current ratio > 1.5: 2.15
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 21.52
- Fail: Piotroski ≥ 7: 4/9
Quarterly results
Annual financials
Shareholding
- Promoter74.2%
- Institutions13.6%
- Public & other12.2%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (52.3%).
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 21.52.
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
Threats
- Earnings contracting year on year.
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About ESAB India Limited
ESAB India Limited manufactures and sells welding and cutting equipment and consumables across India and international markets. Its product portfolio includes gas cutting machines, HVAC and plumbing equipment, regulators, torches, and wear parts; arc gouging and exothermic cutting systems; manual plasma cutting products; various filler metals; and cutting automation products.
ESAB India Limited — frequently asked questions
Is ESAB India Limited a buy, hold or sell?
StocksWizard currently rates ESAB India Limited (ESABINDIA) a Sell, based on a blended score of 36/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is ESAB India Limited's fair value?
Our blended DCF and relative-valuation model estimates ESAB India Limited's fair value at about ₹2,814.25, versus a current price of ₹5,628.5 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is ESAB India Limited financially healthy?
ESAB India Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.
How has ESAB India Limited's share price performed?
ESAB India Limited is down 20% over three months, and last traded at ₹5,628.5. Past performance doesn't predict future returns.
More in Industrials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.