ESAB India is currently trading at Rs. 801.30, up by 33.65 points or 4.38% from its previous closing of Rs. 767.65 on the BSE.The scrip opened at Rs. 788.25 and has touched a high and low of Rs. 810.00 and Rs. 773.00 respectively. So far 1124 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1075.00 on 05-Oct-2017 and a 52 week low of Rs. 551.00 on 30-May-2017.Last one week high and low of the scrip stood at Rs. 810.00 and Rs. 719.00 respectively. The current market cap of the company is Rs. 1231.44 crore.The promoters holding in the company stood at 73.72%, while Institutions and Non-Institutions held 12.86% and 13.42% respectively.ESAB India has received an approval for the acquisition of the welding business of Sandvik Asia, Pune. The acquisition is by way of business transfer agreement of speciality alloys business only. The Board of directors of the company at its meeting held on February 07, 2018 has approved for the same. ESAB India has a wide and comprehensive range of welding, cutting and allied products and services. The product range covers Welding Consumables, Reclamation Consumables, Arc Equipment, Industrial Gas Equipment, Cutting Machines and Working Environment Products for the specialised welding, cutting and allied needs.

The Total revenue for the quarter ended December 2017 of  Rs. 1263.90 millions remain, more or less, the same.Net profit for the quarter ended December 2017 increased significantly by 71.43% to Rs. 96.00 millions from Rs. 56.00 millions.Operating profit surged to 169.90 millions from the corresponding previous quarter of 106.20 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 1263.90 1212.50 4.24 3899.70 3777.60 3.23 5174.20 4949.70 4.54 Other Income 23.50 31.10 -24.44 81.10 100.60 -19.38 128.50 80.00 60.62 PBIDT 169.90 106.20 59.98 499.20 445.10 12.15 557.50 541.50 2.95 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 169.90 101.40 67.55 487.80 440.30 10.79 466.40 506.20 -7.86 Depreciation 25.90 24.60 5.28 76.10 71.90 5.84 102.70 95.20 7.88 PBT 144.00 76.80 87.50 411.70 368.40 11.75 363.70 411.00 -11.51 TAX 48.00 20.80 130.77 132.10 110.80 19.22 103.70 127.60 -18.73 Deferred Tax 5.00 -3.70 -235.14 6.10 0.80 662.50 -11.80 -11.60 1.72 PAT 96.00 56.00 71.43 279.60 257.60 8.54 260.00 283.40 -8.26 Equity 153.90 153.90 0.00 153.90 153.90 0.00 153.90 153.90 0.00 PBIDTM(%) 13.44 8.76 53.47 12.80 11.78 8.64 10.77 10.94 -1.51

ESAB India is currently trading at Rs. 710.20, down by 35.90 points or 4.81% from its previous closing of Rs. 746.10 on the BSE.The scrip opened at Rs. 734.65 and has touched a high and low of Rs. 734.65 and Rs. 708.30 respectively. The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 817.95 on 27-Jul-2017 and a 52 week low of Rs. 531.00 on 21-Nov-2016.Last one week high and low of the scrip stood at Rs. 779.75 and Rs. 708.30 respectively. The current market cap of the company is Rs. 1,093.21 crore.The promoters holding in the company stood at 73.72%, while Institutions and Non-Institutions held 4.34% and 21.94% respectively.ESAB India has reported marginal fall of 1.73% in its net profit at Rs 9.07 crore for first quarter ended June 30, 2017 as compared to Rs 9.23 crore for the same quarter in the previous year. However, total income from operations of the company increased by 8.65% at Rs 139.69 crore for Q1FY18 as compared Rs 128.57 crore for the corresponding quarter previous year.ESAB India has a wide and comprehensive range of welding, cutting and allied products and services. The product range covers Welding Consumables, Reclamation Consumables, Arc Equipment, Industrial Gas Equipment, Cutting Machines and Working Environment Products for the specialised welding, cutting and allied needs.

The revenue for the March 2017 quarter is pegged at Rs. 1344.20 millions, about 7.34% up against Rs. 1252.30 millions recorded during the year-ago period.A radical decline of -91.46% was reported in the net profit of the company for the quarter ended March 2017 to Rs. 8.00  millions from Rs. 93.70 millions.A decline of 121.30 millions was observed in the OP in the quarter ended March 2017 from 163.00 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 1344.20 1252.30 7.34 4849.30 4617.80 5.01 4509.50 5518.50 -18.28 Other Income 30.50 29.40 3.74 128.20 80.00 60.25 80.00 114.60 -30.19 PBIDT 121.30 163.00 -25.58 557.50 541.50 2.95 541.50 619.70 -12.62 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 35.00 159.10 -78.00 466.40 506.10 -7.84 506.20 443.60 14.11 Depreciation 30.80 23.60 30.51 102.70 95.20 7.88 95.20 137.50 -30.76 PBT 4.20 135.50 -96.90 363.70 410.90 -11.49 411.00 306.10 34.27 TAX -3.80 41.80 -109.09 103.70 127.60 -18.73 127.60 69.70 83.07 Deferred Tax -9.30 -4.90 89.80 -9.30 -4.90 89.80 0.00 0.00 0.00 PAT 8.00 93.70 -91.46 260.00 283.30 -8.22 283.40 236.40 19.88 Equity 153.90 153.90 0.00 153.90 153.90 0.00 153.90 153.90 0.00 PBIDTM(%) 9.02 13.02 -30.67 11.50 11.73 -1.96 12.01 11.23 6.93

With reference to earlier letter dated January 05, 2017 intimating the exchanges the date of the Meeting of the Board of Directors to be held on February 09, 2017 to take on record the Unaudited Financial Results for the quarter ended December 31, 2016, Esab India has further informed that as per the Company’s Code for Prevention of Insider Trading framed in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 the Trading Window for the purpose of transacting in Company’s Shares will remain closed with effect from January 20, 2017 to February 11, 2017. Accordingly, all the designated employees (including Directors) of the Company have been intimated not to trade in the company’s shares during the aforesaid period of closure of Trading Window.The above information is a part of company’s filings submitted to BSE.

Esab India has submitted the Shareholding Pattern for the Period Ended December 31, 2016. The above information is a part of company’s filings submitted to BSE.

Esab India has submitted a copy of the Chairman’s statement and proceedings of the 29th Annual General Meeting (AGM) of the Company held on August 04, 2016.The above information is a part of company’s filings submitted to BSE.

Esab India has informed about the details of Voting results at the 29th Annual General Meeting (AGM) of the Company held on August 04, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Esab India has informed that a Meeting of the Board of Directors of the Company will be held on August 03, 2016, to take on record the Unaudited Financial Results for the quarter ended June 30, 2016. As per the Company’s Code for Prevention of Insider Trading framed in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 the Trading Window for the purpose of transacting in Company’s Shares will remain closed with effect from July 13, 2016 to August 05, 2016. Accordingly, all the designated employees (including Directors) of the Company have been intimated not to trade in the Company’s shares during the aforesaid period of closure of Trading Window.The above information is a part of company’s filings submitted to BSE.

Esab India has informed that a meeting of the Board of Directors of the Company will be held on August 03, 2016, to take on record the Unaudited Financial Results for the quarter ended June 30, 2016.The above information is a part of company’s filings submitted to BSE.

Esab India has informed about Calendar of Events for the e-voting at AGM.The above information is a part of company’s filings submitted to BSE.

Esab India has informed that the date of Meeting of the Board of Directors to be held on November 05, 2015, to approve the Un-audited Financial Results of the Company for the quarter ended September 30, 2015. Further, as per the Company’s the Code for Prevention of insider Trading framed in accordance with the SEBI (Prohibition of Insider Trading) Regulation, 2015 the Trading Window for the purpose of transacting in Company’s Shares will remain closed with effect from October 16, 2015 to November 07, 2015. Accordingly, all the designated employees (including Directors) of the Company have been intimated not to trade in the Company’s shares during the aforesaid period of closure of Trading Window.The above information is a part of company’s filings submitted to BSE.