News Earnings ESAB India Reports Q3FY26 Results with Revenue of Rs 37,990 Lakhs and Declares Second Interim DividendESAB India Reports Q3FY26 Results with Revenue of Rs 37,990 Lakhs and Declares Second Interim Dividend
ESAB India Limited reported Q3FY26 total income of Rs 37,990 lakhs with net profit of Rs 4,300 lakhs, showing growth from the previous year's corresponding quarter. For nine months FY26, the company achieved total income of Rs 111,669 lakhs and net profit of Rs 16,314 lakhs. The Board declared a second interim dividend of Rs 25 per share (250%) for FY26, payable by March 6, 2026. The results include exceptional items of Rs 1,365 lakhs related to new Labour Code implications.
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ESAB India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating steady operational performance across key financial metrics. The fabrication technology company reported comprehensive results that reflect its continued market position in the welding and cutting equipment sector.
Financial Performance Overview
The company's financial performance for Q3FY26 showed consistent revenue generation with total income reaching Rs 37,990 lakhs compared to Rs 34,075 lakhs in the corresponding quarter of the previous year. Net profit after tax for the quarter stood at Rs 4,300 lakhs, while the nine-month period delivered stronger results with net profit of Rs 16,314 lakhs on total income of Rs 111,669 lakhs.
| Financial Metric | Q3FY26 | Q3FY25 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Total Income (Rs lakhs) | 37,990 | 34,075 | 111,669 | 101,148 |
| Revenue from Operations (Rs lakhs) | 37,883 | 33,749 | 111,240 | 100,575 |
| Net Profit After Tax (Rs lakhs) | 4,300 | 4,038 | 16,314 | 12,799 |
| Earnings Per Share (Rs) | 27.94 | 26.24 | 106.01 | 83.16 |
Dividend Declaration
The Board of Directors declared a second interim dividend of Rs 25 per equity share of Rs 10 each, representing 250% of the face value for the financial year 2025-26. This dividend declaration will result in a total outflow of Rs 38,48,25,500 subject to tax deduction at source where applicable. The dividend will be paid to equity shareholders on or before March 6, 2026, with the record date set for February 14, 2026.
| Dividend Details | Specification |
|---|---|
| Dividend Amount | Rs 25 per share |
| Dividend Percentage | 250% |
| Total Outflow | Rs 38,48,25,500 |
| Payment Date | On or before March 6, 2026 |
| Record Date | February 14, 2026 |
Operational Highlights
The company operates in a single segment of Fabrication Technology as determined by the Chief Operating Decision Maker in accordance with Ind AS 108. For the nine-month period, revenue from operations increased to Rs 111,240 lakhs from Rs 100,575 lakhs in the corresponding period of the previous year. Total comprehensive income for the nine months reached Rs 16,283 lakhs compared to Rs 12,799 lakhs in the previous year.
Exceptional Items Impact
The quarter results included exceptional items worth Rs 1,365 lakhs related to increased gratuity liability arising from the Government of India's notification of new Labour Codes on November 21, 2025. These codes consolidate twenty-nine existing labour laws and introduce changes including uniform wage definitions and enhanced employee benefits. The company classified this impact as an exceptional item due to its non-recurring nature.
Corporate Governance
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 10, 2026. The meeting commenced at 20:20 hours and concluded at 21:00 hours. Deloitte Haskins & Sells, the company's statutory auditors, conducted a limited review and issued an unmodified review report on these results.
Historical Stock Returns for ESAB India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.58% | +2.95% | +1.30% | +10.77% | +20.34% | +188.69% |
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