HEG vs ESAB INDIA - Comparison Results
Current Valuations
| HEG | ESAB INDIA | HEG/ ESAB INDIA |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 60.3 | 43.2 | 139.5% | View Chart |
| P/BV | x | 2.8 | 22.3 | 12.7% | View Chart |
| Dividend Yield | % | 0.5 | 1.2 | 40.3% |
Financials
 HEG  ESAB INDIA |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| HEG Mar-26 |
ESAB INDIA Mar-26 |
HEG/ ESAB INDIA |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 672 | 6,424 | 10.5% | |
| Low | Rs | 405 | 4,130 | 9.8% | |
| Sales per share (Unadj.) | Rs | 133.1 | 991.0 | 13.4% | |
| Earnings per share (Unadj.) | Rs | 17.5 | 134.3 | 13.0% | |
| Cash flow per share (Unadj.) | Rs | 28.6 | 145.4 | 19.6% | |
| Dividends per share (Unadj.) | Rs | 3.40 | 75.00 | 4.5% | |
| Avg Dividend yield | % | 0.6 | 1.4 | 44.4% | |
| Book value per share (Unadj.) | Rs | 246.5 | 279.0 | 88.4% | |
| Shares outstanding (eoy) | m | 192.98 | 15.39 | 1,253.9% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 4.0 | 5.3 | 76.0% | |
| Avg P/E ratio | x | 30.8 | 39.3 | 78.3% | |
| P/CF ratio (eoy) | x | 18.9 | 36.3 | 52.0% | |
| Price / Book Value ratio | x | 2.2 | 18.9 | 11.6% | |
| Dividend payout | % | 19.4 | 55.9 | 34.8% | |
| Avg Mkt Cap | Rs m | 103,976 | 81,227 | 128.0% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 1,237 | 1,451 | 85.2% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 25,685 | 15,252 | 168.4% | |
| Other income | Rs m | 1,410 | 60 | 2,338.0% | |
| Total revenues | Rs m | 27,095 | 15,312 | 176.9% | |
| Gross profit | Rs m | 5,138 | 2,876 | 178.6% | |
| Depreciation | Rs m | 2,132 | 171 | 1,249.8% | |
| Interest | Rs m | 372 | 26 | 1,436.6% | |
| Profit before tax | Rs m | 4,044 | 2,740 | 147.6% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 664 | 673 | 98.7% | |
| Profit after tax | Rs m | 3,380 | 2,067 | 163.5% | |
| Gross profit margin | % | 20.0 | 18.9 | 106.1% | |
| Effective tax rate | % | 16.4 | 24.6 | 66.8% | |
| Net profit margin | % | 13.2 | 13.6 | 97.1% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 28,934 | 5,254 | 550.7% | |
| Current liabilities | Rs m | 13,100 | 2,449 | 534.9% | |
| Net working cap to sales | % | 61.6 | 18.4 | 335.3% | |
| Current ratio | x | 2.2 | 2.1 | 103.0% | |
| Inventory Days | Days | 236 | 12 | 1,904.7% | |
| Debtors Days | Days | 710 | 608 | 116.7% | |
| Net fixed assets | Rs m | 32,724 | 1,642 | 1,992.7% | |
| Share capital | Rs m | 386 | 154 | 250.8% | |
| "Free" reserves | Rs m | 47,193 | 4,140 | 1,140.0% | |
| Net worth | Rs m | 47,579 | 4,294 | 1,108.1% | |
| Long term debt | Rs m | 0 | 0 | - | |
| Total assets | Rs m | 61,658 | 6,896 | 894.1% | |
| Interest coverage | x | 11.9 | 106.8 | 11.1% | |
| Debt to equity ratio | x | 0 | 0 | - | |
| Sales to assets ratio | x | 0.4 | 2.2 | 18.8% | |
| Return on assets | % | 6.1 | 30.3 | 20.0% | |
| Return on equity | % | 7.1 | 48.1 | 14.8% | |
| Return on capital | % | 9.3 | 64.4 | 14.4% | |
| Exports to sales | % | 60.9 | 16.5 | 368.6% | |
| Imports to sales | % | 32.0 | 14.5 | 221.0% | |
| Exports (fob) | Rs m | 15,648 | 2,521 | 620.8% | |
| Imports (cif) | Rs m | 8,226 | 2,211 | 372.2% | |
| Fx inflow | Rs m | 15,648 | 2,521 | 620.8% | |
| Fx outflow | Rs m | 8,226 | 2,774 | 296.5% | |
| Net fx | Rs m | 7,421 | -254 | -2,924.1% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 2,132 | 1,807 | 118.0% | |
| From Investments | Rs m | -3,203 | -458 | 699.6% | |
| From Financial Activity | Rs m | 969 | -1,426 | -68.0% | |
| Net Cashflow | Rs m | -102 | -77 | 133.0% | |
Share Holding
| Indian Promoters | % | 30.3 | 0.0 | - | |
| Foreign collaborators | % | 26.0 | 73.7 | 35.2% | |
| Indian inst/Mut Fund | % | 17.7 | 14.3 | 123.7% | |
| FIIs | % | 8.5 | 1.6 | 522.8% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 43.7 | 26.3 | 166.4% | |
| Shareholders | 139,601 | 20,083 | 695.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare HEG With: GRAPHITE INDIA ADOR WELDING
More on HEG vs Esab India
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
HEG vs Esab India Share Price Performance
| Period | HEG | Esab India | S&P BSE CAPITAL GOODS |
|---|---|---|---|
| 1-Day | 1.91% | -0.10% | 0.11% |
| 1-Month | 23.78% | 10.41% | 2.56% |
| 1-Year | 38.89% | 24.04% | 20.01% |
| 3-Year CAGR | 26.53% | 7.24% | 22.74% |
| 5-Year CAGR | 8.44% | 26.67% | 27.10% |
* Compound Annual Growth Rate
Here are more details on the HEG share price and the Esab India share price.
Moving on to shareholding structures...
The promoters of HEG hold a 56.3% stake in the company. In case of Esab India the stake stands at 73.7%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of HEG and the shareholding pattern of Esab India.
Finally, a word on dividends...
In the most recent financial year, HEG paid a dividend of Rs 3.4 per share. This amounted to a Dividend Payout ratio of 19.4%.
Esab India paid Rs 75.0, and its dividend payout ratio stood at 55.9%.
You may visit here to review the dividend history of HEG, and the dividend history of Esab India.
For a sector overview, read our engineering sector report.
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