ESAB India shares surge nearly 15% after profit rises 83% in September quarter

Shares of ESAB India, the maker of industrial products maker, rose as much as 14.61% to hit an intraday high of ₹5,559 on the National Stock Exchange (NSE) a day after it reported its September quarter earnings. On the BSE, ESAB India shares surged as much as 14.86% to hit an intraday high of ₹5,567.50.

ESAB India post market hours on Monday reported net profit of ₹79 crore in July-September period, marking an increase of 84% from ₹43 crore in the same period last year.

Its revenue from operations rose 13% in the second quarter of current financial year to ₹382 crore as against ₹339 crore in the year-ago period.

The company reported stable operational performance as its EBITDA (earnings before interest, taxes, depreciation and amortization) also known as operating profit advanced 18% to ₹72 crore and its EBITDA margin improved 80 basis points to 18.93%.

The company's board declared an interim dividend of ₹25 per share for the financial year ending 2025-26 resulting in an outflow of ₹38.48 crore.

"The said Interim Dividend declared by the Board of Directors would be paid to the equity shareholders on or before 08 December 2025. The meeting of the Board of Directors commenced at 19:30 hours and concluded at 20:30 hours," ESAB India said in a regulatory filing.

ESAB India shares were witnessing heavier than usual trading volumes. On the NSE, trading volume spiked by 49 times to 1.02 lakh shares compared with an average trading volume of 2,094 shares.

On the BSE, 10,000 shares changed hands compared with an average of 262 shares traded daily in the past two weeks.

About ESAB India

ESAB India is a subsidiary of the global ESAB Group, a leading provider of welding and cutting products, consumables and fabrication technology. The company specialises in manufacturing and supplying a wide range of solutions for industries like automotive, infrastructure and energy. It is headquarters are in Chennai, with manufacturing facilities located in Kolkata, Chennai and Nagpur.

As of 9:45 am, ESAB India shares traded 11% higher at ₹5,385, outperforming the NIFTY50 index which was down 0.32%.