ESAB India (ESABINDIA) Q4 97/98 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 97/98 earnings summary
28 Oct, 2026Executive summary
FY98 sales and other income reached Rs. 1,707.0m; profit after tax rose 15% YoY to Rs. 95.3m despite a stagnant welding market and pricing pressure.
Export growth was 27%, supported by cost controls, improved purchasing, process improvements and working-capital management.
Financial highlights
Sales were Rs. 1,685.0m versus Rs. 1,590.4m; sales and other income increased 6% YoY to Rs. 1,707.0m.
Profit before tax was Rs. 143.3m versus Rs. 140.0m; profit after tax was Rs. 95.3m versus Rs. 82.7m.
Interest expense fell 47% YoY to Rs. 18.1m, equivalent to 1% of sales.
EPS was Rs. 6.19; directors recommended a 25% dividend.
Outlook and guidance
Plans include applying ESAB technology with local expertise to improve quality and productivity and launch new products in Indian and overseas markets.
Export initiatives targeted traditional markets and expanded into South Africa and East African countries.
Latest events from ESAB India
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Q2 26/27 - Sales and profit rose despite market stagnation, exports surged, and debt ratios improved.ESABINDIA
Q4 96/97 - Weak demand cut profits, while cost controls lowered interest burden and supported a 25% dividend.ESABINDIA
Q4 98/99 - Sales fell 21% as restructuring and weak demand drove a Rs 199.326m loss.ESABINDIA
Q4 99/00 - Sales rose 23% as FY01 returned to Rs100.765m net profit.ESABINDIA
Q4 00/01 - Exceptional provisions drove a deep loss despite turnover growth and improving H2 demand.ESABINDIA
Q4 2002 - Consumables drove a return to profit, but Equipment losses and import pressure persisted.ESABINDIA
Q4 2003 - Sales surged 38.3% as consumables grew and equipment returned to profit.ESABINDIA
Q4 2004 - Sales and profit surged, with a one-time property gain and a 260% special dividend proposed.ESABINDIA
Q4 2005