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 83.04%
3
The company has declared Positive results for the last 2 consecutive quarters
- PBDIT(Q) Highest at Rs 35.30 cr.
- PBT LESS OI(Q) Highest at Rs 30.01 cr.
- PAT(Q) Highest at Rs 31.09 cr.
4
With ROE of 11.3, it has a Fair valuation with a 3.7 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 4.72%, its profits have fallen by -13.5%
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, Medium Return
Absolute
Risk Adjusted
Volatility
Ador Welding
4.72%
0.13
35.12%
Sensex
8.49%
0.74
11.41%
Quality key factors
Factor
Value
Sales Growth (5y)
21.48%
EBIT Growth (5y)
83.04%
EBIT to Interest (avg)
18.58
Debt to EBITDA (avg)
0.22
Net Debt to Equity (avg)
-0.14
Sales to Capital Employed (avg)
2.19
Tax Ratio
29.76%
Dividend Payout Ratio
80.07%
Pledged Shares
0
Institutional Holding
12.71%
ROCE (avg)
21.52%
ROE (avg)
13.88%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
41
Price to Book Value
3.69
EV to EBIT
22.59
EV to EBITDA
18.10
EV to Capital Employed
4.13
EV to Sales
1.55
PEG Ratio
NA
Dividend Yield
1.91%
ROCE (Latest)
15.52%
ROE (Latest)
11.25%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
16What is working for the Company
PBDIT(Q)
Highest at Rs 35.30 cr.
PBT LESS OI(Q)
Highest at Rs 30.01 cr.
PAT(Q)
Highest at Rs 31.09 cr.
EPS(Q)
Highest at Rs 15.36
-3What is not working for the Company
ROCE(HY)
Lowest at 17.20%
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.62 times
Loading Valuation Snapshot...
Here's what is working for Ador Welding
Profit After Tax (PAT) - Quarterly
At Rs 31.09 cr has Grown at 101.8%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 30.01 cr has Grown at 70.90%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 35.30 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 30.01 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 31.09 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 15.36
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Ador Welding
Debtors Turnover Ratio- Half Yearly
Lowest at 5.62 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 11.94 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






