ESAB India Board Meet on Feb 10 for Q3FY26 Results, May Consider Second Interim Dividend

ESAB India Limited has announced a Board meeting scheduled for February 10, 2026, to consider the company's unaudited financial results for the third quarter of FY26. The meeting will focus on reviewing the financial performance for the quarter ended December 31, 2025. Additionally, the Board may consider recommending a second interim dividend for FY26.

Board Meeting Details

The key agenda items and timeline for the upcoming Board meeting are as follows:

Parameter	Details
Meeting Date	February 10, 2026
Primary Agenda	Q3FY26 unaudited financial results
Quarter Period	October 1 - December 31, 2025
Results Publication	Within prescribed timeline post-meeting
Publication Medium	Business Standard (English), Makkal Kural (Tamil)

Potential Dividend Consideration

The Board of Directors may consider recommending a second interim dividend for the financial year ending March 31, 2026, subject to the company's unaudited financial results. This decision will be based on the quarterly performance and overall financial position of the company for Q3FY26.

Trading Window Closure

In accordance with SEBI regulations and the company's internal code of conduct, ESAB India has implemented a trading window closure to prevent insider trading. The restrictions apply to all designated persons, including directors and employees.

Trading Window Details	Information
Closure Period	January 1, 2026 to February 12, 2026
Duration	Both days inclusive
Reopening	48 hours after results declaration
Applicable To	All designated employees and directors
Regulatory Basis	SEBI (Prohibition of Insider Trading) Regulations, 2015

Regulatory Compliance

The announcement has been made under Regulation 29(1)(a) & (e) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has ensured compliance with insider trading regulations by notifying all designated persons about the trading restrictions during the specified period.

The unaudited financial results will be communicated to stakeholders within the prescribed timeline following the conclusion of the Board meeting, maintaining transparency and regulatory adherence.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.39%	-0.63%	+8.86%	+20.27%	+1.08%	+221.25%

ESAB India Limited has reported a strong financial performance for the second quarter, with significant growth in revenue and profitability. The company's board has also declared an interim dividend, rewarding shareholders amidst the positive results.

Financial Highlights

ESAB India's financial results for Q2 showcase impressive growth:

Metric	Q2	Previous Q2	YoY Change
Revenue	3,815.50	3,386.50	12.67%
Net Profit	792.00	431.60	83.50%
EBITDA	722.20	614.70	17.49%
EBITDA Margin	18.93%	18.15%	78 bps

The company's revenue grew to Rs 3,815.50 crore, up from Rs 3,386.50 crore in the same period last year, marking a 12.67% increase. Net profit saw a substantial surge of 83.50%, reaching Rs 792.00 crore compared to Rs 431.60 crore in the previous year's corresponding quarter.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also showed strong growth, increasing by 17.49% to Rs 722.20 crore from Rs 614.70 crore in the corresponding quarter of the previous year. The EBITDA margin improved by 78 basis points, rising from 18.15% to 18.93%.

Exceptional Gain

It's worth noting that the results include an exceptional gain of Rs 309 crore. This gain is related to the sale of land at Khardah, West Bengal. The company has received the entire proceeds from this sale and has fulfilled its contractual obligations, formally ceding control and possession to the developer.

Dividend Declaration

In light of the strong performance, ESAB India's Board of Directors has approved an interim dividend of Rs 25 per equity share (face value Rs 10 each). This translates to a dividend payout of 250% of the face value.

Key details of the dividend:

Record Date: November 14
Payment Date: On or before December 8
Total Dividend Outflow: Rs 38,48,25,500 (subject to applicable tax deductions)

Half-Yearly Performance

For the first half (H1), ESAB India continued its strong performance:

Metric	H1	Previous H1	YoY Change
Revenue	7,367.90	6,707.30	9.85%
Net Profit	1,201.40	876.10	37.13%

The company's revenue for H1 increased by 9.85% to Rs 7,367.90 crore, while net profit saw a significant jump of 37.13% to Rs 1,201.40 crore compared to the same period in the previous fiscal year.

Conclusion

ESAB India's Q2 results demonstrate the company's ability to drive growth and profitability in the challenging economic environment. The substantial increase in net profit, coupled with improved operational efficiency as reflected in the EBITDA margin, indicates strong fundamentals and effective management strategies.

The declaration of an interim dividend further underscores the company's commitment to delivering value to its shareholders. As ESAB India continues to navigate the evolving market landscape, investors and market watchers will be keen to observe how the company sustains this momentum in the coming quarters.