Ador Welding Limited

Ador Welding Limited

1,346.80
INR
-92.50
(-6.43%)
48.53EPS
26.05P/E
22.03BMarket Cap
Feb 14Next Earn
Ador Welding Limited
BSE:ADOR
(Bombay Stock Exchange)

Recent

price

1,346.80

P/E

ratio

26.05

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
216.48
250.69
268.38
273.02
285.12
300.28
324.19
336.07
375.79
385.44
327.79
483.14
567.09
785.27
642.34
650.69
671.34
Revenue per Share
18.89
15.36
12.41
-3.76
23.43
16.47
13.13
13.54
18.05
19.21
-7.63
33.11
43.6
63.58
34.51
47.11
48.59
Basic EPS, GAAP
11.99
12.49
0.13
4.49
-5.96
5.62
-11.98
-33.64
32.68
-6.12
51.42
6.66
-0.79
11
55.07
53.84
- -
Free Cash Flow per Basic Share
5.96
5.93
6.97
6
5
5
5
5
5
13
- -
- -
12.5
30.37
26.52
20
- -
Dividend per Share
120.35
128.76
134.05
123.88
148.92
165.58
172.71
180.18
179.48
181.93
174.68
207.32
237.92
347.84
291.38
318.59
- -
Book Value per Share
119.95
128.61
123.94
122.83
148.11
165.12
172.14
179.67
178.56
181.25
174.12
206.8
237.27
346.96
291.19
318.55
- -
Tangible Book Value per Share
14
14
14
14
14
14
14
14
14
14
14
14
14
14
17
17
17
Basic Weighted Avg Shares
2,944
3,409
3,650
3,713
3,877
4,083
4,409
4,570
5,110
5,241
4,457
6,570
7,712
10,679
11,179
11,324
11,684
Sales/Revenue/Turnover
-148.69
8.51
6.16
4.14
4.39
8.13
5.29
6.3
7.45
6.59
-0.34
7.39
10.31
10.3
8.23
10.2
7.3
Operating Margin (%)
126
124
124
123
125
118
114
102
97
108
112
109
116
158
182
195
197
Depreciation Expense
257
209
169
-51
319
224
179
184
245
261
-104
450
593
865
601
820
846
Net Income, GAAP
28.17
25.71
30.96
216.14
33.35
29.12
33.62
34.48
30.91
14.44
- -
22.66
25.05
26.17
30.64
28.71
28.49
Effective Tax Rate (%)
8.73
6.13
4.63
-1.38
8.22
5.48
4.05
4.03
4.8
4.98
-2.33
6.85
7.69
8.1
5.37
7.24
7.24
Profit Margin (%)
591
908
806
743
894
1,057
1,089
1,212
971
909
804
1,260
1,635
2,477
2,703
2,888
- -
Working Capital
9
11
74
89
1
- -
2
- -
- -
11
11
19
16
19
16
20
- -
LT Debt
1,637
1,751
1,823
1,685
2,025
2,252
2,349
2,450
2,441
2,474
2,375
2,819
3,235
4,730
5,071
5,544
- -
Total Equity
-201.5
12.64
8.44
-1.49
15.41
9.73
6.33
6.14
8.86
9.43
- -
18.17
20.11
19.93
11.09
14.24
- -
Return on Invested Capital (%)
16.72
12.64
9.19
-3.41
16.45
10.6
7.16
6.18
9.58
10.37
- -
17.39
19.54
20.84
12.29
15.66
- -
Return on Capital (%)
16.51
12.33
9.45
-2.91
17.18
10.47
7.76
7.67
10.03
10.63
-4.28
17.33
19.59
21.71
12.25
15.45
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
9
- -
LT Borrowings
- -
6
- -
LT Finance Leases
- -
15
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
18,516
15,202
22,032

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
5,422
- -
Cash, Cash Equivalents & STI
- -
1,202
- -
Accounts Receivable, Net
- -
2,320
- -
Inventories
- -
1,519
- -
Total Current Liabilities
- -
2,534
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
9
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.18%
19.24%
9.34%
Free Cash Flow
-253.44%
-229.15%
-2.24%
Net Income, GAAP
-56.74%
-90.04%
36.52%
Sales/Revenue/Turnover
12.03%
21.85%
1.3%
Total Cash Common Dividend
- -
- -
-24.59%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,695
2,692
2,740
3,100
11,179
2026
2,518
- -
2,881
3,190
11,324
2027
3,095
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
14.6
4.92
8.86
10.4
34.51
2026
-2.27
- -
15.35
19.65
47.11
2027
15.86
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
26.52
2026
- -
- -
- -
- -
20
2027
- -
- -
- -
- -
- -
Business
Ador Welding Limited engages in the manufacture and supply of welding products and related services, operating as a leading provider of welding consumables, equipment, and integrated welding solutions in India and abroad. The company delivers a broad portfolio that includes welding electrodes and fluxes; wires and flux-cored wires; submerged arc welding fluxes and wires; metal cored arc wires; gas metal arc welding (GMAW) and gas tungsten arc welding (GTAW) products; brazing rods and fluxes; welding equipment such as MMA, TIG, MIG units; air plasma cutting; submerged arc welding systems; advanced multipurpose synergic and TIG add-on units; gas cutting products and accessories; flares and process equipment; personal protective equipment; and CNC cutting machines. It also provides design, manufacture, erection and commissioning, and instrumentation and electrical services for process packages, process equipment, flare systems, and related components, and undertakes EPC contracts. Ador Welding operates a pan-India manufacturing footprint with multiple facilities and a nationwide sales and service network, focusing on serving the industrial and manufacturing sectors with high-quality welding solutions, automation capabilities, and safety products. The company is headquartered in India and maintains regional operations and partnerships across key international markets to support global demand for welding solutions. Founding year, headquarters, and corporate structure place Ador Welding as a central player within Ador Group’s wider welding and metallurgical ecosystem, including related entities that broaden its product and service reach through mergers, technology sharing, and expanded manufacturing capacity. The latest corporate developments include strategic mergers and organizational realignments aimed at integrating Ador Fontech’s composite welding businesses with Ador Welding’s electrode and equipment portfolios to strengthen market leadership, scale production capabilities, and enhance cross-selling opportunities in domestic and international markets. These changes position the company to expand its product and service offerings, accelerate capacity expansion, and pursue increased efficiency, sustainability goals, and growth across infrastructure, heavy manufacturing, and energy-related segments.