Ador Fontech Ltd
Incorporated in 1974, Ador Fontech Ltd. provides reclamation, fusion, surfacing and spraying solutions for industrial components[1]
- Market Cap ₹ 496 Cr.
- Current Price ₹ 142
- High / Low ₹ 170 / 93.2
- Stock P/E 19.5
- Book Value ₹ 41.2
- Dividend Yield 3.53 %
- ROCE 22.4 %
- ROE 15.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.53%.
- Company has delivered good profit growth of 21.6% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 68.4%
Cons
- The company has delivered a poor sales growth of 6.61% over past five years.
- Promoter holding is low: 39.2%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Electrodes - Welding Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
158 | 150 | 139 | 137 | 142 | 146 | 151 | 184 | 175 | 147 | 205 | 208 | 205 | |
129 | 128 | 119 | 117 | 127 | 132 | 137 | 164 | 158 | 126 | 173 | 176 | 173 | |
Operating Profit | 28 | 22 | 20 | 20 | 16 | 14 | 13 | 20 | 17 | 20 | 32 | 31 | 33 |
OPM % | 18% | 15% | 15% | 14% | 11% | 10% | 9% | 11% | 10% | 14% | 16% | 15% | 16% |
3 | 12 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 2 | 6 | 4 | 5 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 |
Profit before tax | 28 | 31 | 20 | 20 | 16 | 13 | 13 | 20 | 17 | 20 | 35 | 33 | 35 |
Tax % | 34% | 33% | 36% | 33% | 37% | 33% | 33% | 31% | 34% | 37% | 27% | 29% | |
19 | 21 | 13 | 13 | 10 | 9 | 9 | 14 | 11 | 13 | 25 | 23 | 25 | |
EPS in Rs | 5.38 | 5.91 | 3.65 | 3.81 | 2.96 | 2.52 | 2.57 | 3.95 | 3.24 | 3.63 | 7.27 | 6.58 | 7.27 |
Dividend Payout % | 28% | 30% | 48% | 46% | 59% | 59% | 58% | 44% | 56% | 61% | 69% | 76% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 7% |
3 Years: | 6% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 22% |
3 Years: | 27% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 21% |
3 Years: | 55% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 7 | 7 | 7 | 7 | 7 |
Reserves | 61 | 74 | 80 | 86 | 89 | 91 | 101 | 109 | 102 | 115 | 133 | 142 | 137 |
2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
37 | 37 | 34 | 37 | 38 | 36 | 28 | 27 | 35 | 29 | 29 | 26 | 24 | |
Total Liabilities | 103 | 117 | 119 | 128 | 132 | 131 | 132 | 140 | 144 | 150 | 169 | 175 | 168 |
15 | 19 | 21 | 21 | 22 | 20 | 19 | 17 | 27 | 26 | 28 | 28 | 27 | |
CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 0 | 0 | 0 |
Investments | 3 | 7 | 10 | 10 | 10 | 15 | 22 | 28 | 20 | 27 | 30 | 31 | 34 |
82 | 91 | 88 | 97 | 100 | 96 | 91 | 94 | 96 | 94 | 111 | 115 | 107 | |
Total Assets | 103 | 117 | 119 | 128 | 132 | 131 | 132 | 140 | 144 | 150 | 169 | 175 | 168 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 7 | 6 | 14 | 7 | 2 | 4 | 7 | 24 | 5 | 17 | 24 | |
-5 | 1 | 1 | -1 | -1 | -1 | 0 | -2 | -9 | -4 | -9 | -9 | |
-5 | -6 | -7 | -7 | -7 | -6 | -2 | -6 | -14 | -3 | -8 | -14 | |
Net Cash Flow | 1 | 1 | 1 | 6 | -2 | -5 | 3 | -1 | 0 | -3 | -0 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 47 | 63 | 72 | 72 | 84 | 76 | 62 | 46 | 69 | 68 | 49 | 54 |
Inventory Days | 86 | 103 | 112 | 120 | 111 | 106 | 92 | 75 | 109 | 120 | 74 | 68 |
Days Payable | 47 | 60 | 44 | 45 | 59 | 85 | 57 | 54 | 96 | 89 | 69 | 54 |
Cash Conversion Cycle | 86 | 105 | 140 | 147 | 135 | 97 | 98 | 68 | 82 | 99 | 54 | 67 |
Working Capital Days | 44 | 66 | 90 | 86 | 82 | 93 | 92 | 85 | 88 | 100 | 77 | 88 |
ROCE % | 49% | 33% | 24% | 23% | 18% | 14% | 13% | 18% | 15% | 17% | 27% | 22% |
Documents
Announcements
- Board Meeting Intimation for Consideration And Approval Of (I) Financial Statements (2023-24) And (Ii) Interim Dividend, If Any. 2d
-
Compliance Under Regulation 40(9) Read With 40(10)
2d - Certificate from Practicing Company Secretary attached.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 16 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr
- Regulation 7(3) Of SEBI (LODR) Regulations 10 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
Company is a manufacturer, exporter,
service provider and trader of MIG Welding Machines, Welding Fume Extractor, Welding Transformers, Silver Brazing Rod, Tig Welding Machine, Alloys Electrode, Hard Facing Alloys Electrode, Cast Iron Electrodes etc