Ador Welding

Which are the latest news on Ador Welding?

Why is Ador Welding Ltd falling/rising?

As of 05-Sep, Ador Welding Ltd's stock price is declining, currently at 1,674.40, reflecting a 2.43% drop. This decline is attributed to waning investor interest and a significant decrease in trading volume, despite strong long-term performance.

As of 05-Sep, Ador Welding Ltd's stock price is falling, currently at 1,674.40, which reflects a decrease of 41.65 points or 2.43%. This decline is part of a broader trend, as the stock has been losing value for the last two days, resulting in a total drop of 1.65% during this period. Additionally, the stock's performance today has underperformed its sector by 2.09%.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 70.33% against the five-day average. This decline in trading activity may indicate reduced interest from investors, contributing to the stock's downward movement. Furthermore, the stock touched an intraday low of Rs 1662.1, marking a decrease of 3.14% at one point during the trading day.<BR><BR>Despite these negative indicators, it is important to note that Ador Welding Ltd has shown strong performance over longer periods, with a year-to-date increase of 57.38% and a one-year return of 77.49%. However, the current short-term trends and falling investor participation are likely the primary reasons for the recent decline in the stock price.

Who are in the management team of Ador Welding?

The management team of Ador Welding includes Executive Chairman N Malkani Nagpal, Managing Director A T Malkani, and several directors, along with independent directors and Company Secretary V M Bhide, who collectively guide the company's strategic direction and governance.

The management team of Ador Welding includes the following key members:<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><BR>Additionally, the company has several independent directors on its board:<BR><BR>1. **Piyush Kumar Gupta** - Independent Director<BR>2. **R N Sapru** - Independent Director<BR>3. **K Digvijay Singh** - Independent Director<BR>4. **G M Lalwani** - Independent Director<BR>5. **Nita Dempo Mirchandani** - Independent Director<BR>6. **N S Marshall** - Independent Director<BR><BR>Lastly, **V M Bhide** serves as the Company Secretary and Compliance Officer. This team 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 recent market cap of INR 2,906 Cr and net sales of 309 Cr for June 2026. Key financial metrics include a P/E ratio of 25.00 and a dividend yield of 1.40%.

Overview: <BR>Ador Welding Ltd is a leader in the field of Welding Products, Technologies & Services, operating within the Other Industrial Products industry and categorized as a Small Cap company.<BR><BR>History: <BR>Ador Welding Ltd was incorporated on October 22, 1951, originally as 'Advani Oerlikon Limited'. The company name was changed to 'Ador Welding Limited' on October 16, 2003. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 309 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 28 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 2,906 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 25.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 1.40% <BR>Debt-Equity: -0.22 <BR>Return on Equity: 15.19% <BR>Price to Book: 5.14<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

Who are the peers of the Ador Welding?

Ador Welding's peers include Inox India, KRN Heat Exchan, Esab India, and others, with varying management risk and growth ratings. Inox India leads in 1-year returns at 91.31%, while Ador Welding has a strong return of 86.66%.

Peers: The peers of Ador Welding are Inox India, KRN Heat Exchan, Esab India, Harsha Engg Intl, Kirloskar Indus., Diffusion Eng, Oriental Rail, Mallcom (India), Simplex Castings, and Emkay Tools.<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 Harsha Engg Intl, Kirloskar Indus., Diffusion Eng, Oriental Rail, Mallcom (India), Simplex Castings, and Emkay Tools. Growth is rated as Below Average for Inox India, Harsha Engg Intl, Diffusion Eng, Mallcom (India), and the rest, while Good growth is seen at KRN Heat Exchan, Esab India, Ador Welding, and Emkay Tools. Average growth is noted at Kirloskar Indus. and Simplex Castings. Capital Structure is rated Excellent for Inox India, KRN Heat Exchan, Esab India, Ador Welding, Diffusion Eng, and Mallcom (India), while Good is noted at Kirloskar Indus., and Below Average at Oriental Rail and Simplex Castings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Inox India at 91.31%, while the lowest is Oriental Rail at -22.46%. Ador Welding's 1-year return of 86.66% is significantly higher than that of Oriental Rail. Additionally, the peers with negative six-month returns include Mallcom (India) and Oriental Rail.

How big is Ador Welding?

As of 31st August, Ador Welding Ltd has a market capitalization of 2,906.00 Cr, with recent net sales of 1,197.64 Cr and a net profit of 113.53 Cr over the last four quarters.

As of 31st August, <BR><BR>Market Cap: Ador Welding Ltd has a market capitalization of 2,906.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,197.64 Cr, while the sum of Net Profit for the same period is 113.53 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 554.45 Cr and Total Assets valued at 822.00 Cr.

Are Ador Welding Ltd latest results good or bad?

Ador Welding Ltd's latest results show a strong year-on-year improvement with a net profit of ₹27.60 crore and a 22.88% revenue growth, but sequentially, profits and margins have declined, indicating potential concerns about sustainability. Investors should remain cautious despite the overall recovery.

Ador Welding Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹27.60 crore for Q1 FY27, a significant turnaround from a loss of ₹3.95 crore in the same quarter last year, reflecting a remarkable year-on-year improvement. Additionally, revenue grew by 22.88% year-on-year to ₹309.46 crore, indicating strong operational momentum.<BR><BR>However, there are concerns regarding sequential performance. The net profit decreased by 19.30% compared to the previous quarter, and revenue saw a slight decline of 2.98% from Q4 FY26. Moreover, both operating and PAT margins contracted significantly, with operating margin dropping to 11.54% from 14.79% in the previous quarter, raising questions about the sustainability of profitability.<BR><BR>Overall, while the year-on-year results are encouraging and demonstrate a recovery, the sequential declines in profit and margins suggest that investors should approach the company's current performance with caution. The stock has performed well over the past year, but the recent margin pressures warrant careful monitoring in the upcoming quarters.

Should I buy, sell or hold Ador Welding Ltd?

When is the next results date for Ador Welding Ltd?

The next results date for Ador Welding Ltd is 21 July 2026.

The next results date for Ador Welding Ltd is scheduled for 21 July 2026.

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.

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 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.

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.

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.