Ador Welding

Who are the top shareholders of the Ador Welding?

The top shareholders of Ador Welding include J B Advani And Company Pvt Limited with 45.23%, individual investors at 25.38%, mutual funds at 6.36%, and foreign institutional investors at 0.03%. The largest public shareholder is Clarus Capital I, holding 4.59%, with no pledged promoter holdings reported.

The top shareholders of Ador Welding include the promoters, with J B Advani And Company Pvt Limited holding the largest stake at 45.23%. Individual investors collectively own 25.38% of the company. Additionally, mutual funds have a presence through three schemes, holding 6.36%, while foreign institutional investors (FIIs) hold a minimal stake of 0.03%. The highest public shareholder is Clarus Capital I, with a holding of 4.59%. There are no pledged promoter holdings reported.

Who are in the management team of Ador Welding?

As of March 2023, the management team of Ador Welding includes Executive Chairman N Malkani Nagpal, Managing Director A T Malkani, and several directors, along with independent directors who contribute to the company's strategic direction and governance.

As of March 2023, the management team of Ador Welding includes the following individuals:<BR><BR>1. N Malkani Nagpal - Executive Chairman<BR>2. A T Malkani - Managing Director<BR>3. R A Mirchandani - Director<BR>4. Tanya Advani - Director<BR>5. D A Lalvani - Director<BR>6. V M Bhide - Company Secretary & Compliance Officer<BR><BR>Additionally, the team comprises several independent directors:<BR>1. Piyush Kumar Gupta<BR>2. R N Sapru<BR>3. K Digvijay Singh<BR>4. G M Lalwani<BR>5. Nita Dempo Mirchandani<BR>6. N S Marshall<BR><BR>This diverse group plays a crucial role in guiding the company's strategic direction and governance.

What does Ador Welding do?

Ador Welding Ltd, established in 1951, specializes in welding products, technologies, and services, with a market cap of Rs 1,725 Cr and reported net sales of 310 Cr and net profit of 18 Cr for Q1 2025. The company has a P/E ratio of 25.00 and a return on equity of 13.43%.

Overview:<BR>Ador Welding Ltd is a leader in the field of Welding Products, Technologies & Services, operating within the Other Industrial Products industry and classified as a Small Cap company.<BR><BR>History:<BR>Ador Welding Ltd was incorporated in 1951 as 'Advani Oerlikon Limited' and later changed its name to 'Ador Welding Limited' in 2003. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 310 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 18 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 1,725 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 25.00<BR>- Industry P/E: 37<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.17<BR>- Return on Equity: 13.43%<BR>- Price to Book: 3.41<BR><BR>Contact Details:<BR>Address: Ador House 4th Floor, 6 K Dubash Marg Fort Mumbai Maharashtra : 400001<BR>Tel: 91-022-22842525/66239300<BR>Email: investorservices@adorians.com/cmo@a<BR>Website: http://www.adorwelding.com

Has Ador Welding declared dividend?

Ador Welding Ltd has declared a 185% dividend, amounting to ₹18.5 per share, with an ex-date of May 15, 2024. While the recent total returns show negative performance over shorter periods, the company has demonstrated strong growth over the longer term.

Ador Welding Ltd has declared a 185% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 185%<BR>- Amount per share: 18.5<BR>- Ex-date: May 15, 2024<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -17.64%, the dividend return was 0%, resulting in a total return of -17.64%.<BR><BR>Over the past year, the price return was -21.24%, the dividend return was 0%, leading to a total return of -21.24%.<BR><BR>In the 2-year period, the price return was -17.59%, the dividend return was 3.06%, which resulted in a total return of -14.53%.<BR><BR>For the 3-year period, the price return was 48.23%, the dividend return was 7.98%, culminating in a total return of 56.21%.<BR><BR>In the 4-year period, the price return was 83.35%, the dividend return was 7.53%, resulting in a total return of 90.88%.<BR><BR>Finally, over the last 5 years, the price return was 288.03%, the dividend return was 17.75%, leading to a total return of 305.78%.<BR><BR>Overall, while Ador Welding has declared a significant dividend, the recent total returns indicate a mixed performance, with negative returns in the shorter periods but strong performance over the longer term.

Who are the peers of the Ador Welding?

Ador Welding's peers include PTC Industries, Inox India, Esab India, KRN Heat Exchan, Kirloskar Indus., Diffusion Eng, Oriental Rail, Mallcom (India), and Sealmatic India. In terms of management risk, growth, and capital structure, Ador Welding is rated as good, with a 1-year return of -21.46%.

Peers: The peers of Ador Welding are PTC Industries, Inox India, Esab India, KRN Heat Exchan, Kirloskar Indus., Diffusion Eng, Oriental Rail, Mallcom (India), and Sealmatic India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Inox India and Esab India, while Good management risk is found at KRN Heat Exchan and Ador Welding. Average management risk is noted at PTC Industries, Kirloskar Indus., Diffusion Eng, Oriental Rail, Mallcom (India), and Sealmatic India. Growth is Excellent at Kirloskar Indus., Good at KRN Heat Exchan and Sealmatic India, Average at Ador Welding and PTC Industries, and Below Average at Inox India, Esab India, and Oriental Rail. Capital Structure is Excellent at Inox India, Esab India, KRN Heat Exchan, Ador Welding, Diffusion Eng, Mallcom (India), and Sealmatic India, Good at Kirloskar Indus., and Average at PTC Industries and Oriental Rail.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PTC Industries at 54.94%, while the lowest is Kirloskar Indus. at -38.08%. Ador Welding's 1-year return is -21.46%, which is higher than Kirloskar Indus. but lower than PTC Industries. Additionally, the six-month return is negative for Kirloskar Indus., Oriental Rail, and Mallcom (India).

How big is Ador Welding?

As of 24th July, Ador Welding Ltd has a market capitalization of 1,881.00 Cr, with recent net sales of 1,122.68 Cr and a net profit of 60.06 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Ador Welding Ltd has a market capitalization of 1,881.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,122.68 Cr, while the sum of Net Profit for the same period is 60.06 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 507.09 Cr and Total Assets totaling 684.19 Cr.

Is Ador Welding overvalued or undervalued?

As of October 15, 2025, Ador Welding is fairly valued with a PE ratio of 46.83 and a year-to-date return of 7.85%, but its high valuation metrics compared to peers suggest limited upside potential.

As of 15 October 2025, Ador Welding's valuation grade has moved from attractive to fair, indicating a shift in its market perception. The company is currently fairly valued, with a PE ratio of 46.83, an EV to EBITDA of 28.35, and a Price to Book Value of 4.09. Compared to its peers, Ador Welding's valuation metrics are relatively high; for instance, Graphite India has a PE of 30.26, while HEG stands at 50.07, both indicating a premium in the market.<BR><BR>In terms of performance, Ador Welding has shown a year-to-date return of 7.85%, outperforming the Sensex's 5.72% during the same period. However, its PEG ratio is notably low at 0.00, suggesting that growth expectations may not be reflected in its current price. Overall, while Ador Welding is fairly valued, its high valuation ratios compared to peers like D & H India (PE of 24.42) and Rasi Electrodes (PE of 18.46) suggest limited upside potential in the near term.

How has been the historical performance of Ador Welding?

Ador Welding has experienced significant growth in net sales, increasing from 513.28 Cr in Mar'19 to 1,122.68 Cr in Mar'25, but profitability metrics have shown volatility, with profit after tax declining from 86.46 Cr in Mar'24 to 60.05 Cr in Mar'25. Total assets grew from 429.09 Cr to 684.19 Cr during the same period, indicating strong overall growth despite recent profit fluctuations.

Answer:<BR>The historical performance of Ador Welding shows a significant growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Ador Welding's net sales have increased from 513.28 Cr in Mar'19 to 1,122.68 Cr in Mar'25, reflecting a strong upward trend. The total operating income followed a similar pattern, rising from 465.30 Cr in Mar'18 to 1,122.68 Cr in Mar'25. However, the total expenditure has also risen, from 431.29 Cr in Mar'18 to 1,020.75 Cr in Mar'25, impacting the operating profit, which peaked at 137.01 Cr in Mar'24 but decreased to 120.73 Cr in Mar'25. Profit before tax reached a high of 117.11 Cr in Mar'24 before declining to 86.58 Cr in Mar'25, while profit after tax also saw a decrease from 86.46 Cr in Mar'24 to 60.05 Cr in Mar'25. The company's total assets grew from 429.09 Cr in Mar'19 to 684.19 Cr in Mar'25, with total liabilities increasing from 429.09 Cr to 684.19 Cr in the same period. Cash flow from operating activities improved significantly, reaching 137 Cr in Mar'25 compared to 58 Cr in Mar'24, contributing to a net cash inflow of 26 Cr in Mar'25. Overall, while Ador Welding has shown substantial growth in sales and assets, profitability metrics indicate some volatility in recent years.

Is Ador Welding technically bullish or bearish?

As of November 14, 2025, Ador Welding shows a mildly bullish trend driven by daily moving averages and weekly indicators, but caution is advised due to mixed signals from monthly indicators.

As of 14 November 2025, the technical trend for Ador Welding has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly MACD and Bollinger Bands also showing bullish signals. However, the monthly indicators, including MACD and Bollinger Bands, are bearish, which suggests some caution. The KST is bullish on the weekly timeframe, but the OBV indicates a mildly bearish stance on the weekly as well. Overall, while there are bullish signals in the short term, the mixed signals from longer time frames suggest a need for careful monitoring.

When is the next results date for Ador Welding Ltd?

The next results date for Ador Welding Ltd is 16 January 2026.

The next results date for Ador Welding Ltd is scheduled for 16 January 2026.

Are Ador Welding Ltd latest results good or bad?

Ador Welding Ltd's latest Q4 FY26 results are very good, showing a net profit of ₹34.20 crores, an 89.05% year-on-year increase, along with a revenue growth of 2.89% and improved operating margins at 14.79%. This indicates strong operational performance and effective cost management.

Ador Welding Ltd's latest results for Q4 FY26 can be considered very good. The company reported a net profit of ₹34.20 crores, which is an impressive 89.05% increase year-on-year. This marks a significant turnaround from the previous year when the company faced a loss in the June 2025 quarter.<BR><BR>Additionally, revenue for the quarter grew by 2.89% year-on-year to ₹318.97 crores, with a sequential growth of 10.71% from the previous quarter. The operating margin also improved significantly, rising to 14.79%, up 477 basis points from the same quarter last year. This demonstrates effective cost management and operational efficiency.<BR><BR>Overall, the strong profit growth, improved margins, and positive operational momentum indicate that Ador Welding is on a solid path, making the latest results quite favorable.

Should I buy, sell or hold Ador Welding Ltd?

Why is Ador Welding Ltd falling/rising?

As of 05-May, Ador Welding Ltd's stock price is rising to 1,074.85, despite a recent decline in performance. The company is financially strong, net-debt free, and has shown impressive growth in profits, contributing to its positive stock performance relative to the market.

As of 05-May, Ador Welding Ltd's stock price is rising, currently at 1,074.85, reflecting an increase of 12.8 (1.21%). This rise can be attributed to several positive factors despite a recent trend of declining performance over the last three days, where the stock has fallen by -4.07%. <BR><BR>The company has demonstrated strong financial health, being net-debt free and showing high management efficiency with a return on equity (ROE) of 15.16%. Additionally, it has reported impressive growth in operating profit at an annual rate of 61.77% and a significant increase in net profit of 89.05%, with positive results declared for the last three consecutive quarters. The stock's performance over the past year has also been notable, generating a return of 22.07%, which is significantly higher than the broader market's return of 2.27%.<BR><BR>Furthermore, the stock is currently trading above its moving averages across various time frames, indicating a strong position relative to its historical performance. Despite a recent decline in investor participation, as evidenced by a 65.28% drop in delivery volume compared to the 5-day average, the overall market-beating performance and healthy financial metrics suggest that the stock is viewed positively by investors, contributing to its current rise.

Which are the latest news on Ador Welding?