Esab IndiaNSE:ESABINDIA +0.31%95 Pretax Margin % is 15.08% as of Mar. 2026, which is 13% above its 10-year median of 13.39. GuruFocus rates NSE:ESABINDIA with a GF Score™ of 95/100 and a GF Value™ of ₹6,558.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 3,027 Industrial Products companies, Esab India ranks better than 87.88% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Esab India's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹597 Mil. Esab India's Revenue for the
three
months ended in Mar. 2026 was ₹3,958 Mil. Therefore, Esab India's pretax margin for the quarter that ended in Mar. 2026 was 15.08%.
The historical rank and industry rank for Esab India's Pretax Margin % or its related term are showing as below:
NSE:ESABINDIA'
s Pretax Margin % Range Over the Past 10 Years
Min: 8.14 Med: 13.39 Max: 18.24
Current: 18.17
NSE:ESABINDIA's Pretax Margin % is ranked better than 87.88% of 3027
companies
in the Industrial Products industry
Industry Median: 5.82
vs NSE:ESABINDIA: 18.17
Esab India (NSE:ESABINDIA) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Esab India Pretax Margin % Related Terms
Esab India Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Esab India's Pretax 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: Pretax Margin % Comparison
For the Tools & Accessories subindustry, Esab India's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Esab India's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Esab India's Pretax 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.
Esab India (NSE:ESABINDIA) has a Pretax Margin % of 15.08% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Esab India and its competitors. This is 13% above median its historical median of 13.39. Over the past decade, Esab India's Pretax Margin % has ranged from 8.14 to 18.24. According to the industry distribution chart, Esab India ranks #367 out of 3027 companies in the Industrial Products industry, placing it in the top 12.1%.
Is Esab India's Pretax Margin % too high?
Esab India's current Pretax Margin % of 15.08% is 13% above median its 10-year median of 13.39. Over the past 10 years, this metric has ranged from a low of 8.14 to a high of 18.24. The Industrial Products industry median Pretax Margin % is 5.82. Esab India's value of 15.08% is 159.1% above this industry median. Based on the distribution chart, Esab India ranks #367 out of 3027 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 Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Esab India's Pretax Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Esab India ranks #367 out of 3027 companies for Pretax Margin %. This places Esab India in the top 12% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.82. Esab India's value of 15.08% is 159.1% above this benchmark. Historically, Esab India's own Pretax Margin % has ranged from 8.14 to 18.24 over the past decade. While the company's 10-year median is 13.39 vs. the industry median of 5.82, 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 Pretax Margin % for an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.82, based on 3,027 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Esab India's current Pretax Margin % of 15.08% is 159.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Esab India and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esab India's current Pretax Margin % is 15.08%, which is 13% above median its own 10-year median of 13.39. 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 Pretax Margin % is 15.08%, which is 13% above median its 10-year median of 13.39 and 159.1% above the Industrial Products industry median of 5.82. Esab India's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Esab India (NSE:ESABINDIA), the current Pretax Margin % is 15.08% 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:
Pretax Margin %: 15.08% (13% above median its 10-year median of 13.39)
GF Value™: ₹6,558.73 vs. price of ₹5,834.50 (11% below fair value)
Industry Position: 159.1% above the Industrial Products median (#367 of 3027)
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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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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