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Esab IndiaNSE:ESABINDIA +0.91%95 Interest Coverage is 248.50 as of Jun. 2026, which is 44% above its 10-year median of 172.72. GuruFocus rates NSE:ESABINDIA with a GF Score™ of 95/100 and a GF Value™ of ₹6,756.95 (Fairly Valued). Among 2,337 Industrial Products companies, Esab India ranks better than 86.31% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Esab India's
Operating Income
for the
three
months ended in Jun. 2026 was ₹746 Mil. Esab India's Interest Expense for the
three
months ended in Jun. 2026 was ₹-3 Mil.
Esab India's interest coverage for the quarter that ended in Jun. 2026 was 248.50.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Esab India Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Esab India's Interest Coverage or its related term are showing as below:
NSE:ESABINDIA'
s Interest Coverage Range Over the Past 10 Years
Min: 102.33 Med: 172.72 Max: 572.77
Current: 159.33
NSE:ESABINDIA's Interest Coverage is ranked better than 86.31% of 2337
companies
in the Industrial Products industry
Industry Median: 14.63
vs NSE:ESABINDIA: 159.33
Esab India (NSE:ESABINDIA) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Esab India Interest Coverage Related Terms
Esab India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Esab India's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:ESABINDIA vs SNA, RBC, SWK: Interest Coverage Comparison
For the Tools & Accessories subindustry, Esab India's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Esab India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Esab India's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NSE:ESABINDIA) has a Interest Coverage of 248.50 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Esab India and its competitors. This is 44% above median its historical median of 172.72. Over the past decade, Esab India's Interest Coverage has ranged from 102.33 to 572.77. According to the industry distribution chart, Esab India ranks #320 out of 2337 companies in the Industrial Products industry, placing it in the top 13.7%.
Is Esab India's Interest Coverage too high?
Esab India's current Interest Coverage of 248.50 is 44% above median its 10-year median of 172.72. Over the past 10 years, this metric has ranged from a low of 102.33 to a high of 572.77. The Industrial Products industry median Interest Coverage is 14.63. Esab India's value of 248.50 is 1598.6% above this industry median. Based on the distribution chart, Esab India ranks #320 out of 2337 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 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Esab India's Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Esab India ranks #320 out of 2337 companies for Interest Coverage. This places Esab India in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.63. Esab India's value of 248.50 is 1598.6% above this benchmark. Historically, Esab India's own Interest Coverage has ranged from 102.33 to 572.77 over the past decade. While the company's 10-year median is 172.72 vs. the industry median of 14.63, 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 Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.63, based on 2,337 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Esab India's current Interest Coverage of 248.50 is 1598.6% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Esab India and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esab India's current Interest Coverage is 248.50, which is 44% above median its own 10-year median of 172.72. 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 Fairly Valued. The stock's GF Value™ is ₹6,756.95, compared to a current price of ₹6,210.00 — trading 8.1% below its estimated fair value. The current Interest Coverage is 248.50, which is 44% above median its 10-year median of 172.72 and 1598.6% above the Industrial Products industry median of 14.63. Esab India's overall GF Score™ is 95/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Esab India (NSE:ESABINDIA), the current Interest Coverage is 248.50 as of Jun. 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 ₹6,210.00 is trading 8.1% below its estimated GF Value™ of ₹6,756.95.
GuruFocus considers Esab India to be Fairly Valued.
Key valuation signals for NSE:ESABINDIA:
Interest Coverage: 248.50 (44% above median its 10-year median of 172.72)
GF Value™: ₹6,756.95 vs. price of ₹6,210.00 (8.1% below fair value)
Industry Position: 1598.6% above the Industrial Products median (#320 of 2337)
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.
95GF Score
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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