Esab India (NSE:ESABINDIA) EBIT: ₹2,761 Mil (TTM As of Mar. 2026)


NSE:ESABINDIA Esab India Ltd NSE:ESABINDIA
92 GF Score
Price ₹5,760.00
GF Value ₹6,569.95
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Esab India EBIT?

Esab India NSE:ESABINDIA -0.03% 92 EBIT is ₹2,761 Mil as of Mar. 2026. GuruFocus rates NSE:ESABINDIA with a GF Score™ of 92/100 and a GF Value™ of ₹6,569.95 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Esab India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹601 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,761 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Esab India's annualized ROC % for the quarter that ended in Mar. 2026 was 45.46%. Esab India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 75.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Esab India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.16%.

Esab India  (NSE:ESABINDIA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Esab India's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2333.2 * ( 1 - 27.04% )/( (0 + 3744.8)/ 1 )
=1702.30272/3744.8
=45.46 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6988.7 - 2079 - ( 1164.9 - max(0, 2449.3 - 5253.5+1164.9))
=3744.8

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Esab India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2402.8/( ( (0 + max(0, 0)) + (1522.1 + max(1645.1, 0)) )/ 1 )
=2402.8/( ( 0 + 3167.2 )/ 1 )
=2402.8/3167.2
=75.87 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2540.7 + 1406.7 + 141.2) - (2079 + 0 + 364.5)
=1645.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Esab India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2760.7/87288.416
=3.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Esab India EBIT Related Terms

Esab India EBIT Historical Data

* Premium members only.

The historical data trend for Esab India's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Esab India EBIT Chart

Esab India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,138.50 1,826.00 2,220.70 2,374.00 2,760.70

Esab India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 638.80 557.60 1,014.30 588.10 600.70

NSE:ESABINDIA vs SNA, RBC, LECO: EBIT Comparison

For the Tools & Accessories subindustry, Esab India's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Esab India EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Esab India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Esab India's EV-to-EBIT falls into.


NSE:ESABINDIA
92GF Score
Esab India Ltd NSE:ESABINDIA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Esab India EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,761 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹2,761 Mil mean?
Esab India (NSE:ESABINDIA) has a EBIT of ₹2,761 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Esab India.
Is Esab India's EBIT too high?
Esab India's current EBIT is ₹2,761 Mil. Overall, Esab India has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Esab India's EBIT compare to SNA and RBC?
Esab India's EBIT of ₹2,761 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Esab India. Esab India's current EBIT is ₹2,761 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esab India stock overvalued right now?
Based on GuruFocus' analysis, Esab India (NSE:ESABINDIA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹6,569.95, compared to a current price of ₹5,760.00 — trading 12.3% below its estimated fair value. The current EBIT is ₹2,761 Mil. Esab India's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Esab India (NSE:ESABINDIA), the current EBIT is ₹2,761 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Esab India (NSE:ESABINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Esab India stock appears to be undervalued. The current stock price of ₹5,760.00 is trading 12.3% below its estimated GF Value™ of ₹6,569.95. GuruFocus considers Esab India to be Modestly Undervalued.

Key valuation signals for NSE:ESABINDIA:

  • EBIT: ₹2,761 Mil
  • GF Value™: ₹6,569.95 vs. price of ₹5,760.00 (12.3% below fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the NSE:ESABINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Esab India Business Description

Other Exchanges 500133:India
Address 3rd Main Road, Plot No.13, Industrial Estate, Ambattur, Chennai, TN, IND, 600058
Esab India Ltd is engaged in the production of welding and cutting equipment and consumables. The company focuses on areas such as Manual welding and cutting equipment, Welding Consumables, Welding automation, Mechanized cutting systems, and others. It operates in the segment of fabrication technology. This includes manufacturing and selling of welding, cutting and allied products and also provides engineering, support, and consulting services. The company's brands include ESAB, Exaton, Gasarc, Victor, and Tweco among others. Geographically, the company derives its key revenue from the domestic market and the rest from overseas markets.
92GF Score

Get the complete analysis for NSE:ESABINDIA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5,760.00
Price
₹6,569.95
GF Value