Ador Welding Ltd

AI
Ador Welding Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
AI

Ador Welding Ltd

₹ 1,358 2.01%
02 Nov - close price
adorwelding.com BSE: 517041 NSE: ADOR
About

Ador Welding Ltd is a leading player in the field of Welding Products, Technologies and Services. It is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals and other sectors.[1]

Key Points

Business Segments

Website BSE NSE
  • Market Cap ₹ 2,355 Cr.
  • Current Price ₹ 1,358
  • High / Low ₹ 1,766 / 848
  • Stock P/E 19.5
  • Book Value ₹ 332
  • Dividend Yield 1.69 %
  • ROCE 22.7 %
  • ROE 16.4 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 55.2%

Cons

  • Promoter holding has decreased over last 3 years: -3.25%

* 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

Industrials Capital Goods Industrial Products Other Industrial Products

Part of BSE Industrials

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
276 260 296 268 268 273 308 251 280 287 318 309 344
239 232 263 240 247 249 277 255 245 243 271 273 307
Operating Profit 36 28 33 28 21 24 31 -4 35 44 47 35 37
OPM % 13% 11% 11% 10% 8% 9% 10% -1.8% 12% 15% 15% 11% 11%
4 5 7 6 -36 4 4 5 5 -2 3 7 5
Interest 1 1 1 1 1 1 1 1 1 0 0 1 1
Depreciation 4 4 4 4 4 5 5 5 5 5 5 5 5
Profit before tax 36 28 34 28 -21 23 30 -5 34 36 45 37 36
Tax % 25% 28% 26% 25% -25% 26% 26% -24% 25% 26% 26% 25% 26%
27 20 25 21 -16 17 22 -3 26 27 34 27 27
EPS in Rs 19.62 14.68 18.72 15.27 -11.83 9.66 12.64 -1.99 14.72 15.57 19.27 15.72 15.33
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
387 407 441 458 512 526 447 661 777 1,067 1,117 1,135 1,258
358 365 410 423 468 484 425 601 688 946 1,011 1,013 1,094
Operating Profit 28 42 31 35 45 42 22 61 89 121 105 123 163
OPM % 7% 10% 7% 8% 9% 8% 5.0% 9% 11% 11% 9% 11% 13%
34 3 9 10 10 9 -19 14 6 21 -23 11 13
Interest 1 2 2 6 11 10 8 6 4 6 6 4 3
Depreciation 12 12 11 10 10 11 11 11 12 15 18 19 20
Profit before tax 48 32 27 28 35 30 -16 58 79 121 59 111 154
Tax % 33% 29% 33% 34% 31% 15% -24% 23% 25% 26% 26% 26%
32 23 18 19 24 26 -12 45 59 89 43 83 115
EPS in Rs 23.80 16.66 13.32 13.65 17.54 18.84 -8.82 33.11 43.60 65.71 24.97 47.58 65.89
Dividend Payout % 21% 30% 38% 37% 37% 34% -0% 38% 40% 37% 80% 48%
Compounded Sales Growth
10 Years: 11%
5 Years: 20%
3 Years: 13%
TTM: 13%
Compounded Profit Growth
10 Years: 14%
5 Years: 42%
3 Years: 14%
TTM: 95%
Stock Price CAGR
10 Years: 17%
5 Years: 14%
3 Years: 4%
1 Year: 27%
Return on Equity
10 Years: 14%
5 Years: 17%
3 Years: 17%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 14 14 14 14 14 14 14 14 14 14 17 17 17
Reserves 190 205 224 234 250 235 224 268 310 485 498 546 561
0 0 35 81 65 82 29 2 17 45 2 3 30
82 118 107 102 103 108 108 109 111 158 180 271 220
Total Liabilities 286 337 380 430 431 439 375 393 452 701 698 838 828
96 99 101 102 115 125 116 117 123 156 196 204 202
CWIP 2 1 4 1 1 0 3 7 2 25 4 3 10
Investments 7 12 14 6 7 6 12 20 20 56 32 47 56
182 224 261 322 308 308 244 248 306 463 466 584 560
Total Assets 286 337 380 430 431 439 375 393 452 701 698 838 828

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1 22 0 -37 63 13 79 26 14 58 139 117
-8 -4 -11 0 -19 -21 -7 -5 -10 -42 -19 -67
-9 -9 19 33 -33 -13 -61 -31 -5 -19 -93 -38
Net Cash Flow -17 10 7 -4 11 -22 12 -10 -1 -4 26 12
Free Cash Flow -5 8 -16 -46 44 -9 71 28 0 16 100 95
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 21% 81% 33% -78% 164% 58% 348% 67% 36% 75% 154% 122%

Ratios

Standalone / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 79 107 63 73 60 90 86 51 59 61 63 75
Inventory Days 59 58 56 60 52 62 70 70 81 77 64 78
Days Payable 56 106 85 84 67 72 87 60 51 45 62 100
Cash Conversion Cycle 81 60 34 50 45 80 69 61 89 93 64 53
Working Capital Days 61 68 64 81 66 56 42 54 65 61 60 53
ROCE % 11% 17% 12% 11% 14% 12% 6% 20% 27% 28% 20% 23%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Number of Distributors
count

Log in to view insights

Please log in to see hidden values.

Login
Welding Consumables Production Volume
MT
Welding Equipment Production Volume
units
Number of Countries Exported To
count
Permanent Employees
count
Ador International Sales (Export Revenue)
INR Cr
Installed Capacity - Welding Consumables
MT
Domestic Welding Market Share
%
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
56.90% 56.90% 56.94% 56.94% 53.24% 53.71% 53.71% 53.73% 53.74% 53.76% 53.76% 53.65%
0.30% 0.10% 0.06% 0.05% 0.06% 0.03% 0.07% 0.09% 0.14% 0.37% 1.05% 1.07%
4.43% 5.74% 10.21% 12.00% 10.31% 11.00% 11.85% 12.44% 12.56% 12.63% 10.47% 11.16%
38.38% 37.25% 32.78% 31.02% 36.39% 35.27% 34.37% 33.76% 33.57% 33.26% 34.72% 34.12%
No. of Shareholders 30,27432,57529,28330,66541,46840,70238,88937,94936,35635,56735,27534,050

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls