Case study

ESABINDIA

Esab India Limited

Worth a closer look1y model +8.3%

Each stock's 10,000-path forecast, rendered as light.

60Score

Esab India Limited (ESABINDIA) Stock Analysis & Case Study

Is ESABINDIA a good buy? The data-driven verdict.

Esab India Limited (ESABINDIA) trades at ₹5,632,on the numbers it worth a closer look, a Downstox Snapshot Score of 60/100.

On the numbers, Esab India Limited (ESABINDIA) worth a closer look, a Downstox Snapshot Score of 60/100, weighing expensive at 162.0× earnings, ROE of 59.3%, a 61% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

ESABINDIA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹8,669 Cr
Current price
₹5,632
P/E ratio
162.0×
P/B ratio
83.31×
Book value
₹68
Dividend yield
1.33%
ROCE
90.8%
ROE
59.3%
Piotroski F-Score
6/8

How ESABINDIA ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for ESABINDIA, as of 9 Aug 2026, so it is not ranked here.

Is ESABINDIA overvalued? ESABINDIA P/E vs peers

ESABINDIA trades at 162.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

ESABINDIA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ESABINDIA history (23%/yr drift, 29%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ESABINDIA 2027₹4,231₹6,099₹8,793+8%
ESABINDIA 2028₹3,921₹6,605₹11,126+17%
ESABINDIA 2029₹3,807₹7,154₹13,444+27%
ESABINDIA 2030₹3,695₹7,748₹16,244+38%
ESABINDIA 2031₹3,687₹8,391₹19,096+49%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ESABINDIA goes up, or doubles?

61%
Higher in 1 year
Modelled chance the price is above today in 12 months
73%
Higher in 5 years
Modelled chance the price is above today in 5 years
32%
Doubles in 5 years
Modelled chance of reaching ₹11,263 within 5 years

The bull case for ESABINDIA

  • ESABINDIA's return on equity of 59.3% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • ESABINDIA's return on capital employed of 90.8% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A 10,000-path probability model puts a 61% chance the price is higher in a year, with a median target of ₹6,099 (+8%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹13,444.

The bear case & risks

  • ESABINDIA's P/E of 162.0x is lower than 6% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 83.3× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹3,807.

ESABINDIA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years ESABINDIA compounded at 23%/year with annualized volatility of 29%. That volatility implies a 1-year 80% range of ₹4,231-₹8,793, the honest backbone behind any single price target.

ESABINDIA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
8.3%
80% range₹4,231-₹8,793
P(price ↑)61%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
27.0%
80% range₹3,807-₹13,444
P(price ↑)68%
P(price 2×)18%
5-Year Forecast
2031
₹0
Median (P50)
49.0%
80% range₹3,687-₹19,096
P(price ↑)73%
P(price 2×)32%

ESABINDIA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ESABINDIA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ESABINDIA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ESABINDIA price target & forecast page.

ESABINDIA Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ESABINDIA scores 6/8, mixed financial health.

ESABINDIA MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy ESABINDIA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST29.62%3.4×
Groww29.78%3.4×
Dhan29.62%3.4×
Kotak Neo100.00%1.0×
Paytm Money100.00%1.0×
Pocketful29.96%3.3×
Anand RathiCHEAPEST29.62%3.4×
Bajaj Broking35.00%2.9×
Share India29.75%3.4×

Compare every broker on the ESABINDIA MTF page.

About Esab India Limited: sector, index & market-cap context

Esab India Limited (ESABINDIA) is a small-cap NSE-listed company, with a market capitalisation of ₹8,669 Cr. See more stocks on our screener.

How the ESABINDIA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Esab India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ESABINDIA analysis, FAQs

Is Esab India Limited (ESABINDIA) a good buy?

On the numbers, Esab India Limited (ESABINDIA) worth a closer look, a Downstox Snapshot Score of 60/100, weighing expensive at 162.0× earnings, ROE of 59.3%, a 61% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ESABINDIA overvalued or undervalued?

ESABINDIA trades at 162.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the ESABINDIA share price target for 2031?

ESABINDIA's probability-weighted 2031 median target is ₹8,391, with an 80% range of ₹3,687-₹19,096 (10,000-path Monte-Carlo).

What is the probability ESABINDIA doubles in 5 years?

The modelled probability of ESABINDIA reaching ₹11,263 (2×) within 5 years is 32%.

What is the bull case for ESABINDIA?

ESABINDIA's return on equity of 59.3% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ESABINDIA's return on capital employed of 90.8% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 61% chance the price is higher in a year, with a median target of ₹6,099 (+8%).

What are the risks in ESABINDIA?

ESABINDIA's P/E of 162.0x is lower than 6% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 83.3× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on ESABINDIA