Esab India vs Peers
- Market cap
- ₹8,771 crore
- P/E
- 39.5
- P/B
- 20.43
- ROE
- 52.3%
- Dividend yield
- 0.44%
Esab India ranks 4th by market capitalisation among 9 Other Industrial Products companies tracked by ATS. Its largest peers are HBL Engineering, INOX India and KRN Heat Exchanger and Refrigeration. Its P/E of 39.5 compares with a peer median of 27.1.
Esab India vs Other Industrial Products peers
Sorted by market capitalisation.
| Company | Close (₹) | 1D | Market cap (₹ cr) | P/E | P/B | ROE | 1Y return |
|---|---|---|---|---|---|---|---|
| HBL Engineering | 762.80 | -0.20% | 21,144 | 27.1 | 9.55 | 44.1% | +12.5% |
| INOX India | 2,087.10 | +0.47% | 18,943 | 74.3 | 16.95 | 25.9% | +12.5% |
| KRN Heat Exchanger and Refrigeration | 1,492.00 | +2.03% | 9,274 | 95.7 | 16.16 | 14.3% | +12.5% |
| Esab India | 5,698.00 | +1.60% | 8,771 | 39.5 | 20.43 | 52.3% | — |
| Subros | 676.10 | -1.00% | 4,411 | 26.5 | 3.55 | 14.2% | +12.5% |
| Harsha Engineers International | 460.40 | -0.91% | 4,192 | 27.1 | 2.99 | 11.7% | +12.5% |
| Ador Welding | 1,562.90 | +1.82% | 2,720 | 24.0 | 4.91 | 15.5% | +12.5% |
| Diffusion Engineers | 452.75 | -0.30% | 1,681 | 30.7 | 4.15 | 13.0% | +12.5% |
| Delta Manufacturing | 56.54 | +0.53% | 61.35 | 22.5 | 26.61 | -146.8% | +12.5% |
Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.
Esab India peer comparison — frequently asked questions
Who are Esab India's competitors?
Esab India's listed peers in Other Industrial Products include HBL Engineering, INOX India, KRN Heat Exchanger and Refrigeration, Subros, Harsha Engineers International and Ador Welding, ranked here by market capitalisation.
How does Esab India's P/E compare with its peers?
Esab India trades at a P/E of 39.5, against a median of 27.1 across the 8 Other Industrial Products peers shown.
Which is the largest company among Esab India's peers?
By market capitalisation, the largest company in the group is HBL Engineering at ₹21,144 crore, against ₹8,771 crore for Esab India.
Same Data For Peers
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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.