Ador Welding Ltd
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]
- Market Cap ₹ 1,826 Cr.
- Current Price ₹ 1,049
- High / Low ₹ 1,489 / 777
- Stock P/E 26.9
- Book Value ₹ 291
- Dividend Yield 1.76 %
- ROCE 20.0 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 21.0% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -3.20%
* 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 SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
365 | 371 | 388 | 408 | 442 | 458 | 513 | 526 | 448 | 661 | 1,074 | 1,123 | |
331 | 344 | 360 | 366 | 411 | 423 | 468 | 484 | 425 | 601 | 956 | 1,021 | |
Operating Profit | 34 | 27 | 28 | 42 | 31 | 35 | 46 | 42 | 22 | 61 | 118 | 102 |
OPM % | 9% | 7% | 7% | 10% | 7% | 8% | 9% | 8% | 5% | 9% | 11% | 9% |
4 | -8 | 34 | 3 | 9 | 10 | 10 | 9 | -17 | 14 | 19 | 7 | |
Interest | 1 | 2 | 1 | 2 | 2 | 6 | 11 | 10 | 8 | 6 | 4 | 5 |
Depreciation | 12 | 12 | 13 | 12 | 11 | 10 | 10 | 11 | 11 | 11 | 16 | 18 |
Profit before tax | 24 | 4 | 48 | 32 | 27 | 28 | 36 | 31 | -14 | 58 | 117 | 87 |
Tax % | 31% | 216% | 33% | 29% | 34% | 34% | 31% | 14% | -26% | 22% | 26% | 31% |
17 | -5 | 32 | 22 | 18 | 18 | 25 | 26 | -10 | 45 | 86 | 60 | |
EPS in Rs | 12.41 | -3.76 | 23.43 | 16.47 | 13.13 | 13.54 | 18.05 | 19.21 | -7.63 | 33.21 | 63.58 | 34.51 |
Dividend Payout % | 48% | -133% | 21% | 30% | 38% | 37% | 36% | 34% | 0% | 38% | 29% | 58% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 16% |
3 Years: | 19% |
TTM: | 5% |
Compounded Profit Growth | |
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10 Years: | 17% |
5 Years: | 21% |
3 Years: | 21% |
TTM: | -21% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 33% |
3 Years: | 16% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 17 |
Reserves | 169 | 155 | 189 | 203 | 221 | 231 | 248 | 234 | 224 | 268 | 459 | 490 |
10 | 19 | 0 | 0 | 36 | 81 | 65 | 82 | 29 | 2 | 45 | 2 | |
74 | 93 | 82 | 118 | 107 | 102 | 103 | 108 | 108 | 109 | 163 | 184 | |
Total Liabilities | 266 | 280 | 285 | 335 | 378 | 428 | 429 | 437 | 375 | 393 | 681 | 694 |
95 | 77 | 97 | 100 | 102 | 103 | 116 | 125 | 117 | 117 | 157 | 197 | |
CWIP | 0 | 2 | 2 | 1 | 4 | 1 | 1 | 0 | 3 | 7 | 25 | 4 |
Investments | 27 | 14 | 6 | 12 | 11 | 2 | 4 | 4 | 11 | 20 | 39 | 32 |
144 | 188 | 179 | 222 | 261 | 322 | 309 | 308 | 244 | 248 | 459 | 461 | |
Total Assets | 266 | 280 | 285 | 335 | 378 | 428 | 429 | 437 | 375 | 393 | 681 | 694 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 21 | 1 | 23 | 0 | -37 | 64 | 14 | 79 | 26 | 58 | 137 | |
-4 | -1 | -9 | -4 | -12 | 0 | -19 | -22 | -7 | -5 | -44 | -17 | |
-11 | -3 | -9 | -9 | 19 | 32 | -33 | -13 | -61 | -31 | -19 | -94 | |
Net Cash Flow | -0 | 17 | -17 | 10 | 7 | -4 | 11 | -22 | 12 | -10 | -5 | 26 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 73 | 77 | 78 | 107 | 63 | 73 | 60 | 90 | 86 | 51 | 61 | 63 |
Inventory Days | 69 | 77 | 59 | 58 | 56 | 60 | 52 | 62 | 70 | 70 | 77 | 64 |
Days Payable | 65 | 81 | 57 | 109 | 85 | 84 | 67 | 72 | 87 | 60 | 45 | 63 |
Cash Conversion Cycle | 77 | 72 | 81 | 56 | 34 | 50 | 45 | 79 | 69 | 61 | 93 | 64 |
Working Capital Days | 53 | 48 | 61 | 67 | 93 | 145 | 112 | 113 | 65 | 55 | 83 | 66 |
ROCE % | 10% | 10% | 17% | 12% | 11% | 14% | 12% | 6% | 20% | 20% |
Documents
Announcements
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Communication To Shareholders - Intimation On Tax Deduction On Dividend
5 Jun - Board recommends Rs. 20/share dividend for FY25; details TDS rules and payment schedule.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for FY ended March 31, 2025; minor delay in minutes circulation noted.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 May - Ador Welding FY25 investor presentation with 5% revenue growth, merger completion, and new market expansions.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 May
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 16 May
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
Concalls
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May 2025Transcript PPT REC
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May 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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May 2024Transcript PPT
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Nov 2023Transcript PPT
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Jun 2023Transcript PPT REC
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Feb 2023Transcript PPT REC
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Jun 2022Transcript PPT
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Jun 2021Transcript PPT
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Dec 2019Transcript PPT
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Sep 2019TranscriptPPT
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Aug 2018Transcript PPT
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Jun 2018Transcript PPT
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Dec 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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Jun 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
Business Segments