Why is Ador Welding Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Healthy long term growth as Operating profit has grown by an annual rate 52.19%
3
The company has declared positive results in Sep'2025 after 2 consecutive negative quarters
- OPERATING CF(Y) Highest at Rs 139.14 Cr
- PAT(Q) At Rs 25.01 cr has Grown at 80.2%
- DPR(Y) Highest at 80.07%
4
With ROE of 11.3, it has a Fair valuation with a 3.8 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -11.83%, its profits have fallen by -32.5%
5
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 0.89% over the previous quarter and collectively hold 11.92% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 1.93% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -11.83% returns
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, Low Return
Absolute
Risk Adjusted
Volatility
Ador Welding
-11.83%
-0.32
37.00%
Sensex
4.75%
0.40
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
21.59%
EBIT Growth (5y)
52.19%
EBIT to Interest (avg)
16.39
Debt to EBITDA (avg)
0.22
Net Debt to Equity (avg)
-0.14
Sales to Capital Employed (avg)
2.19
Tax Ratio
30.95%
Dividend Payout Ratio
80.07%
Pledged Shares
0
Institutional Holding
11.92%
ROCE (avg)
21.52%
ROE (avg)
13.88%
Valuation Key Factors 
Factor
Value
P/E Ratio
34
Industry P/E
41
Price to Book Value
3.82
EV to EBIT
27.60
EV to EBITDA
21.44
EV to Capital Employed
4.28
EV to Sales
1.62
PEG Ratio
NA
Dividend Yield
1.85%
ROCE (Latest)
15.52%
ROE (Latest)
11.25%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
15What is working for the Company
OPERATING CF(Y)
Highest at Rs 139.14 Cr
PAT(Q)
At Rs 25.01 cr has Grown at 80.2%
DPR(Y)
Highest at 80.07%
PBDIT(Q)
Highest at Rs 34.75 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 12.36%
PBT LESS OI(Q)
Highest at Rs 29.35 cr.
EPS(Q)
Highest at Rs 14.37
-6What is not working for the Company
PAT(Latest six months)
At Rs 21.06 cr has Grown at -37.58%
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.56 times
Loading Valuation Snapshot...
Here's what is working for Ador Welding
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 29.35 cr has Grown at 105.96%
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 25.01 cr has Grown at 80.2%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Cash Flow - Annually
Highest at Rs 139.14 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 34.75 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 12.36%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 29.35 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 25.01 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 14.37
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Dividend Payout Ratio (DPR) - Annually
Highest at 80.07%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Here's what is not working for Ador Welding
Debtors Turnover Ratio- Half Yearly
Lowest at 0.56 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






