Esab India Ltd.

Financial

	Esab india	Ador Welding	De Nora India
Operational Metrics
Financials
5 yr Average ROE	55.51 %	7.82 %	15.27 %
5yr average Equity Multiplier	2.63	1.76	1.18
5yr Average Asset Turnover Ratio	2.0	1.17	0.64
5yr Avg Net Profit Margin	11.71 %	3.65 %	20.43 %
Price to Book	20.71	3.33	3.54
P/E	41.77	45.61	110.18
5yr Avg Cash Conversion Cycle	-29.88 Days	36.73 Days	133.09 Days
Inventory Days	31.18 Days	41.93 Days	140.36 Days
Days Receivable	8.91 Days	54.79 Days	67.39 Days
Days Payable	83.34 Days	64.65 Days	58.0 Days
5yr Average Interest Coverage Ratio	47.34	4.85	168.84
5yr Avg ROCE	73.96 %	13.06 %	19.88 %
5yr Avg Operating Profit Margin	17.43 %	7.7 %	26.39 %
5 yr average Debt to Equity	0.31	0.21	0.0
5yr CAGR Net Profit	135.53 %	19.66 %	18.52 %
5yr Average Return on Assets	23.67 %	4.57 %	12.9 %
Shareholdings
Promoter Holding	73.72 %	53.7 %	53.68 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-3.2 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-1.02 %	-0.35 %	0.0

Business

	Esab india	Ador Welding	De Nora India
Product Wise Break-Up	Product Wise Break-Up Welding Consumable 71.0 Welding Equipment 29.0 Flares & Process Equipment Division 0 0 0 Consumables 0 Water Technologies 0 Electrode Technologies 0	Product Wise Break-Up Equipment and project engineering business 19.72 Flares & Process Equipment Division 3.91 Electrode Technologies 0 Welding Consumable 0 0 Water Technologies 0 Consumables 76.38 Welding Equipment 0	Product Wise Break-Up 0 Flares & Process Equipment Division 0 Electrodes 100.0 Welding Consumable 0 0 Water Technologies 0 Consumables 0 Welding Equipment 0
Location Wise Break-Up	Location Wise Break-Up India 90.53 Rest of the World 9.47 Kuwait 0	Location Wise Break-Up Rest of the World 0 India 86.25 Kuwait 0 Others 13.75	Location Wise Break-Up Rest of the World 2.48 India 97.52 Kuwait 0
Distribution Channel	Distribution Channel Distribution 80.0 Institutional Business 20.0	-	-