Why is Ador Welding Ltd ?
1
High Management Efficiency with a high ROE of 15.16%
2
The company is Net-Debt Free
3
Healthy long term growth as Operating profit has grown by an annual rate 61.77%
4
With a growth in Net Profit of 89.05%, the company declared Very Positive results in Mar 26
- The company has declared positive results for the last 3 consecutive quarters
- CASH AND CASH EQUIVALENTS(HY) Highest at Rs 92.39 cr
- NET SALES(Q) Highest at Rs 318.97 cr
- PBDIT(Q) Highest at Rs 47.16 cr.
5
With ROE of 15.2, it has a Attractive valuation with a 3.4 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 25.81%, its profits have risen by 3.2% ; the PEG ratio of the company is 7
6
Majority shareholders : Promoters
7
Market Beating Performance
- The stock has generated a return of 25.81% in the last 1 year, much higher than market (BSE500) returns of 4.81%
How much should you hold?
- Overall Portfolio exposure to Ador Welding should be less than 10%
- Overall Portfolio exposure to Other Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ador Welding for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Ador Welding
25.81%
0.68
37.95%
Sensex
-3.33%
-0.25
13.43%
Quality key factors
Factor
Value
Sales Growth (5y)
20.48%
EBIT Growth (5y)
61.77%
EBIT to Interest (avg)
23.77
Debt to EBITDA (avg)
0.19
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
2.16
Tax Ratio
28.71%
Dividend Payout Ratio
80.07%
Pledged Shares
0
Institutional Holding
13.00%
ROCE (avg)
21.74%
ROE (avg)
15.16%
Valuation Key Factors 
Factor
Value
P/E Ratio
22
Industry P/E
38
Price to Book Value
3.38
EV to EBIT
17.21
EV to EBITDA
14.45
EV to Capital Employed
4.04
EV to Sales
1.54
PEG Ratio
7.00
Dividend Yield
1.86%
ROCE (Latest)
23.45%
ROE (Latest)
15.19%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
22What is working for the Company
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 92.39 cr
NET SALES(Q)
Highest at Rs 318.97 cr
PBDIT(Q)
Highest at Rs 47.16 cr.
PBT LESS OI(Q)
Highest at Rs 41.78 cr.
PAT(Q)
Highest at Rs 32.06 cr.
EPS(Q)
Highest at Rs 19.66
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.91 times
Loading Valuation Snapshot...
Here's what is working for Ador Welding
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 41.78 cr has Grown at 64.29%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 32.06 cr has Grown at 69.2%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 318.97 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 47.16 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 41.78 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 32.06 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 19.66
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 92.39 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Ador Welding
Debtors Turnover Ratio- Half Yearly
Lowest at 4.91 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 5.39 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






