ESABINDIA

Dividend announcement:

Strong quarterly performance: The company reported solid growth in the December 2025 quarter with revenue rising year-on-year and profitability improving due to better operating margins and stable demand from manufacturing, infrastructure, and fabrication sectors. Dividend announcement: The board declared a second interim dividend of ₹25 per share for FY26, continuing its track record of rewarding shareholders with regular dividends. Institutional buying activity: A large domestic mutual fund increased its stake in the company to above 5%, indicating strong institutional interest in the stock. At the same time, another mutual fund trimmed its holding through open market transactions. Demand outlook: Demand for welding consumables and equipment remains supported by growth in sectors like infrastructure, shipbuilding, heavy engineering, railways, and capital goods manufacturing in India. Operational focus: The company continues focusing on high-margin welding consumables, automation solutions, and industrial gas equipment, which are helping maintain healthy margins. Parent company strategic expansion: The global parent group is expanding its technology capabilities through acquisitions in the industrial inspection and monitoring technology segment, which may strengthen the broader ESAB ecosystem.