ESAB India Limited has announced a final dividend of ₹42 per equity share (420%) with a face value of ₹10 each for the financial year ended March 31, 2025. The announcement was made following a meeting of the Board of Directors. The dividend is subject to the approval of the shareholders at the Annual General Meeting (AGM) scheduled for August 14, 2025.
| Particulars | Details |
|---|---|
| Final Dividend per share | ₹42.00 |
| Dividend Percentage | 420% |
| Face Value | ₹10 |
| AGM Date | August 14, 2025 |
Financial Performance
ESAB India Limited reported a total revenue of ₹138,125 lakhs for the financial year 2024-2025, compared to ₹124,981 lakhs in the previous year. The profit after tax stood at ₹17,542 lakhs, up from ₹16,298 lakhs in the previous financial year. The company's earnings per share (EPS) increased to ₹113.98 from ₹105.90.
Additional Resolutions
In addition to the dividend announcement, the Board of Directors proposed several resolutions to be considered at the AGM:
- Re-appointment of Mr. Rohit Gambhir, who retires by rotation.
- Appointment of Mr. V Mahesh as the Secretarial Auditor for five years, with remuneration to be fixed by the Board.
- Ratification of remuneration payable to Cost Auditors, M/s. Geeyes & Co., for the financial year ending March 31, 2026, amounting to ₹5,50,000 plus expenses.
- Approval for material transactions with ESAB Europe GmbH, Switzerland, and EWAC Alloys Limited, India, up to ₹200 crores each.
Historical Dividend Payments
The notice also provided details of unpaid or unclaimed dividends that will be transferred to the Investor Education and Protection Fund (IEPF).
| Year | Type of Dividend | Date of Declaration | Due Date for Transfer to IEPF | Unpaid/Unclaimed Amount as on 31.03.2025 (₹) |
|---|---|---|---|---|
| 2017-18 | Final | 09.08.2018 | 14.09.2025 | 83,611.00 |
| 2018-19 | Interim | 23.11.2018 | 29.12.2025 | 46,06,200.00 |
| 2019-20 | Interim | 28.05.2020 | 03.07.2027 | 39,84,941.00 |
| 2020-21 | Interim | 10.02.2021 | 18.03.2028 | 10,00,709.25 |
| 2020-21 | Final | 12.08.2021 | 18.09.2028 | 13,12,666.00 |
| 2021-22 | 1st Interim | 10.11.2021 | 16.01.2029 | 10,74,144.00 |
| 2021-22 | 2nd Interim | 10.02.2022 | 18.03.2029 | 7,88,597.00 |
| 2021-22 | Final | 11.08.2022 | 16.09.2029 | 10,07,997.00 |
| 2022-23 | 1st Interim | 11.11.2022 | 16.12.2029 | 13,66,560.00 |
| 2022-23 | 2nd Interim | 10.02.2023 | 18.03.2030 | 11,38,591.29 |
| 2022-23 | Final | 10.08.2023 | 15.09.2030 | 9,27,077.24 |
| 2023-24 | 1st Interim | 10.11.2023 | 16.12.2030 | 15,48,836.80 |
| 2023-24 | 2nd Interim | 27.03.2024 | 02.05.2031 | 19,86,270.22 |
| 2023-24 | Final | 08.08.2024 | 12.01.2032 | 19,38,799.00 |
| 2024-25 | 1st Interim | 08.11.2024 | 12.01.2032 | 13,69,357.00 |
| 2024-25 | 2nd Interim* | 10.02.2025 | 14.04.2032 | 3,35,47,513.00 |
| Total | 5,76,81,869.80 |
*Second Interim Dividend 2024-25 was declared on 10th February 2025 and paid to shareholders on 7th March 2025. Hence, the amount lying in the bank account as on 31st March 2025 includes TDS amount of 3,21,50,599/-.
Annual General Meeting Information
The 38th Annual General Meeting (AGM) of ESAB India Limited will be held on Thursday, August 14, 2025, at 3:30 p.m. via video conferencing. Shareholders as of August 7, 2025, are eligible to vote. The company encourages shareholders to register their email addresses with their Depository Participants (DPs) or with Integrated Registry Management Services Private Limited to receive important communications electronically.
