Ador Welding

  • Market Cap: Small Cap
  • Industry: Other Industrial Products
  • ISIN: INE045A01017
  • NSEID: ADOR
  • BSEID: 517041
INR
1,030.40
-23.4 (-2.22%)
BSENSE

May 18

BSE+NSE Vol: 1.69 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Esab India
KRN Heat Exchan
Ador Welding
Inox India
Diffusion Eng
Harsha Engg Intl
Oriental Rail
Mallcom (India)
Kirloskar Indus.
Emkay Tools
Sealmatic India

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
  • PAT(Q) At Rs 32.06 cr has Grown at 69.2%
  • CASH AND CASH EQUIVALENTS(HY) Highest at Rs 92.39 cr
  • NET SALES(Q) Highest at Rs 318.97 cr
5
With ROE of 15.2, it has a Attractive valuation with a 3.3 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 3.55%, its profits have risen by 3.2% ; the PEG ratio of the company is 6.8
6
Majority shareholders : Promoters
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Ador Welding should be less than 10%
  2. 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
1.65%
0.11
35.16%
Sensex
-9.72%
-0.66
13.02%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

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%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
21
Industry P/E
39
Price to Book Value
3.26
EV to EBIT
16.57
EV to EBITDA
13.91
EV to Capital Employed
3.89
EV to Sales
1.48
PEG Ratio
6.75
Dividend Yield
1.93%
ROCE (Latest)
23.45%
ROE (Latest)
15.19%
Loading Valuation Snapshot...
stock-recommendationTechnicals

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
Mildly Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

22What is working for the Company
PAT(Q)

At Rs 32.06 cr has Grown at 69.2%

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.

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 quarters
MOJO 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 quarters
MOJO 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 quarters
MOJO 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 quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 19.66
in the last five quarters
MOJO 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 periods
MOJO 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 periods
MOJO 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 quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income