Esab IndiaNSE:ESABINDIA +0.31%94 Gross Margin % is 40.87% as of Mar. 2026, which is 12% above its 10-year median of 36.44. GuruFocus rates NSE:ESABINDIA with a GF Score™ of 94/100 and a GF Value™ of ₹6,558.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,996 Industrial Products companies, Esab India ranks better than 80.71% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Esab India's Gross Profit for the
three
months ended in Mar. 2026 was ₹1,618 Mil. Esab India's Revenue for the
three
months ended in Mar. 2026 was ₹3,958 Mil. Therefore, Esab India's Gross Margin % for the quarter that ended in Mar. 2026 was 40.87%.
The historical rank and industry rank for Esab India's Gross Margin % or its related term are showing as below:
NSE:ESABINDIA'
s Gross Margin % Range Over the Past 10 Years
Min: 33 Med: 36.44 Max: 41.75
Current: 41.75
During the past 13 years, the highestGross Margin % of Esab India was 41.75%. The lowest was 33.00%. And the median was 36.44%.
NSE:ESABINDIA's Gross Margin % is ranked better than 80.71% of 2996
companies
in the Industrial Products industry
Industry Median: 26.8
vs NSE:ESABINDIA: 41.75
Esab India had a gross margin of 40.87% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Esab India was 3.40% per year.
Esab India (NSE:ESABINDIA) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Esab India had a gross margin of 40.87% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Esab India Gross Margin % Related Terms
Esab India Gross Margin % Historical Data
* Premium members only.
The historical data trend for Esab India's Gross Margin % 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.
NSE:ESABINDIA vs SNA, RBC, LECO: Gross Margin % Comparison
For the Tools & Accessories subindustry, Esab India's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Esab India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Esab India's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Esab India (NSE:ESABINDIA) has a Gross Margin % of 40.87% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Esab India and its competitors. This is 12% above median its historical median of 36.44. Over the past decade, Esab India's Gross Margin % has ranged from 33.00 to 41.75. According to the industry distribution chart, Esab India ranks #578 out of 2996 companies in the Industrial Products industry, placing it in the top 19.3%.
Is Esab India's Gross Margin % too high?
Esab India's current Gross Margin % of 40.87% is 12% above median its 10-year median of 36.44. Over the past 10 years, this metric has ranged from a low of 33.00 to a high of 41.75. The Industrial Products industry median Gross Margin % is 26.80. Esab India's value of 40.87% is 52.5% above this industry median. Based on the distribution chart, Esab India ranks #578 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Esab India has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Esab India's Gross Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Esab India ranks #578 out of 2996 companies for Gross Margin %. This places Esab India in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. Esab India's value of 40.87% is 52.5% above this benchmark. Historically, Esab India's own Gross Margin % has ranged from 33.00 to 41.75 over the past decade. While the company's 10-year median is 36.44 vs. the industry median of 26.80, Esab India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Esab India's current Gross Margin % of 40.87% is 52.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Esab India and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esab India's current Gross Margin % is 40.87%, which is 12% above median its own 10-year median of 36.44. 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 ₹6,558.73, compared to a current price of ₹5,834.50 — trading 11% below its estimated fair value. The current Gross Margin % is 40.87%, which is 12% above median its 10-year median of 36.44 and 52.5% above the Industrial Products industry median of 26.80. Esab India's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Esab India (NSE:ESABINDIA), the current Gross Margin % is 40.87% 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 ₹5,834.50 is trading 11% below its estimated GF Value™ of ₹6,558.73.
GuruFocus considers Esab India to be Modestly Undervalued.
Key valuation signals for NSE:ESABINDIA:
Gross Margin %: 40.87% (12% above median its 10-year median of 36.44)
GF Value™: ₹6,558.73 vs. price of ₹5,834.50 (11% below fair value)
Industry Position: 52.5% above the Industrial Products median (#578 of 2996)
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 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.
94GF Score
Get the complete analysis for NSE:ESABINDIA
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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