Ador Welding

Which are the latest news on Ador Welding?

Why is Ador Welding Ltd falling/rising?

As of 08-Aug, Ador Welding Ltd's stock price is rising, attributed to a strong performance with a 39.44% year-to-date increase and a high return on equity of 15.16%. Despite a decline in investor participation, the stock remains liquid and is trading at a fair valuation compared to peers.

As of 08-Aug, Ador Welding Ltd's stock price is currently rising, as indicated by a change of 3.65 (0.25%) upwards. This positive movement can be attributed to several factors. Over the past month, the stock has shown a strong performance with a return of +13.26%, significantly outperforming the Sensex, which only increased by +0.41%. Year-to-date, the stock has risen by an impressive 39.44%, while the Sensex has declined by 7.89%. <BR><BR>Moreover, the company has demonstrated robust financial health, being net-debt free and achieving a high return on equity (ROE) of 15.16%. The operating profit has grown at an annual rate of 51.20%, and the company has reported positive results for the last four consecutive quarters, including a remarkable growth in profit before tax and profit after tax. <BR><BR>Despite a recent decline in investor participation, with delivery volume falling by 50.03% against the 5-day average, the stock remains liquid enough for trading. The stock is also trading at a premium compared to its peers, reflecting a fair valuation with a price-to-book value of 4.6. <BR><BR>Overall, the combination of strong financial performance, high management efficiency, and market-beating returns in both the long and near term contributes to the rising stock price of Ador Welding Ltd.

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.

How big is Ador Welding?

As of 10th June, Ador Welding Ltd has a market capitalization of 1,971.00 Cr, with recent net sales of 1,140.02 Cr and a net profit of 81.98 Cr.

As of 10th June, Ador Welding Ltd has a market capitalization of 1,971.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Ador Welding reported Net Sales of 1,140.02 Cr and a Net Profit of 81.98 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 507.09 Cr and Total Assets of 684.19 Cr.

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 Directors R A Mirchandani, Tanya Advani, and D A Lalvani, along with several independent directors and V M Bhide as Company Secretary and Compliance Officer. This diverse team offers extensive experience and expertise.

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 board includes several independent directors:<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>The company also has V M Bhide serving as the Company Secretary and Compliance Officer. This diverse team brings a wealth of experience and expertise to the organization.

Who are the peers of the Ador Welding?

Ador Welding's peers include Inox India, Esab India, KRN Heat Exchan, and others, with varying management risks and growth ratings. Ador Welding has an excellent growth rating and a 1-year return of 8.17%, while KRN Heat Exchan leads with a 58.62% return.

Peers: The peers of Ador Welding are Inox India, Esab India, KRN Heat Exchan, Harsha Engg Intl, Kirloskar Indus., Diffusion Eng, Oriental Rail, Mallcom (India), Sealmatic India, and Emkay Tools.<BR><BR>Quality Snapshot: Excellent management risk is observed at Inox India, Esab India, and KRN Heat Exchan, while Good management risk is found at Ador Welding. Average management risk is present at Harsha Engg Intl, Kirloskar Indus., Diffusion Eng, Oriental Rail, Mallcom (India), Sealmatic India, and Emkay Tools. Growth ratings show that Ador Welding has Excellent growth, while Inox India has Below Average growth, and Esab India has Good growth; the rest have varying ratings. Capital Structure is Excellent for Inox India, Esab India, KRN Heat Exchan, Ador Welding, Diffusion Eng, Mallcom (India), and Sealmatic India, while Good is noted for Kirloskar Indus., and Average for Harsha Engg Intl and Oriental Rail.<BR><BR>Return Snapshot: The peer with the highest 1-year return is KRN Heat Exchan at 58.62%, while Kirloskar Indus. has the lowest at -19.74%. Ador Welding's 1-year return is 8.17%, which is positive compared to Kirloskar Indus. Additionally, peers such as Esab India, Kirloskar Indus., Mallcom (India), Sealmatic India, and Oriental Rail have negative six-month returns.

What does Ador Welding do?

Ador Welding Ltd is a leading company in welding products, technologies, and services, with a market cap of INR 1,971 Cr and reported net sales of 319 Cr and net profit of 34 Cr for the quarter ending March 2026. The company, originally founded in 1951, has a P/E ratio of 23.00 and a dividend yield of 1.75%.

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 Limited 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 most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 319 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 34 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,971 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 1.75% <BR>Debt-Equity: -0.22 <BR>Return on Equity: 15.19% <BR>Price to Book: 3.59 <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

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.