Financials ESAB India Limited Bombay S.E.

Equities

ESABINDIA

INE284A01012

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 06:00:53 2024-07-15 am EDT 5-day change 1st Jan Change
6,162 INR +0.92% Intraday chart for ESAB India Limited +0.94% +4.85%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 14,234 16,718 27,550 46,509 54,381 80,845
Enterprise Value (EV) 1 13,501 15,231 26,985 46,012 53,946 80,417
P/E ratio 24.7 x 23.4 x 46.5 x 55.2 x 40.1 x 49.6 x
Yield 9.73% 6.45% 2.46% 1.99% 2.21% 1.64%
Capitalization / Revenue 2.11 x 2.38 x 4.01 x 5.19 x 4.99 x 6.5 x
EV / Revenue 2 x 2.17 x 3.93 x 5.13 x 4.95 x 6.47 x
EV / EBITDA 16.4 x 15.3 x 31.5 x 38.7 x 28.3 x 35.3 x
EV / FCF 22.6 x 27.7 x 87.2 x 58.7 x 71.2 x 90.2 x
FCF Yield 4.42% 3.6% 1.15% 1.7% 1.4% 1.11%
Price to Book 5.34 x 4.95 x 10.6 x 19 x 20.9 x 26.4 x
Nbr of stocks (in thousands) 15,393 15,393 15,393 15,393 15,393 15,393
Reference price 2 924.7 1,086 1,790 3,021 3,533 5,252
Announcement Date 7/5/19 7/27/20 7/6/21 7/11/22 7/14/23 7/10/24
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 6,744 7,011 6,864 8,963 10,908 12,433
EBITDA 1 823.7 993 855.5 1,190 1,906 2,279
EBIT 1 725.5 882.5 754.3 1,092 1,804 2,150
Operating Margin 10.76% 12.59% 10.99% 12.19% 16.54% 17.29%
Earnings before Tax (EBT) 1 841.4 972.4 805.3 1,136 1,823 2,200
Net income 1 575.9 714.1 592.9 843.1 1,357 1,630
Net margin 8.54% 10.18% 8.64% 9.41% 12.44% 13.11%
EPS 2 37.41 46.39 38.52 54.77 88.14 105.9
Free Cash Flow 1 597.1 549 309.6 784.3 757.9 891.8
FCF margin 8.85% 7.83% 4.51% 8.75% 6.95% 7.17%
FCF Conversion (EBITDA) 72.49% 55.29% 36.19% 65.93% 39.77% 39.13%
FCF Conversion (Net income) 103.69% 76.89% 52.21% 93.03% 55.86% 54.72%
Dividend per Share 2 90.00 70.00 44.00 60.00 78.00 86.00
Announcement Date 7/5/19 7/27/20 7/6/21 7/11/22 7/14/23 7/10/24
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 - - - - - -
Net Cash position 1 733 1,488 564 497 436 428
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 597 549 310 784 758 892
ROE (net income / shareholders' equity) 17.9% 23.6% 19.9% 33.5% 53.8% 57.6%
ROA (Net income/ Total Assets) 10.6% 13.2% 11.1% 16.6% 24.8% 26.2%
Assets 1 5,456 5,426 5,323 5,089 5,475 6,215
Book Value Per Share 2 173.0 219.0 168.0 159.0 169.0 199.0
Cash Flow per Share 2 28.00 12.10 12.10 13.80 21.70 24.90
Capex 1 124 198 104 112 338 285
Capex / Sales 1.84% 2.82% 1.52% 1.25% 3.09% 2.29%
Announcement Date 7/5/19 7/27/20 7/6/21 7/11/22 7/14/23 7/10/24
1INR in Million2INR
Estimates