Market closedLast updated 26 July 2026, 9:38 pm ISTData NSENot investment advice
Ador Welding

Ador Welding Share Price Today (ADOR)

TechnicalsTV Chart
1,493.90
31.20+2.13%
Overall Score66/100
Day range1,439
₹1,493.90
1,520
52-week848
₹1,493.90
1,597
Above low+76.2%
Below high6.5%
Range position86%
Open1,440.00
Prev Close1,462.70
Bid1,493.83100
Ask1,493.97100

TODAY IN ONE LINE

ADOR rose 2.1% on above-average volume (2.3x avg), outperforming Nifty's -0.4% move.

With a market cap of ₹2,593.02 Cr., it trades at a P/E of 22.90. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume46.2K41%vs 20D avg
Market Cap₹2,593.02 Cr.
Promoter53.76%
Face Value₹10
Fwd P/E16.73
PEG10.14
EV/EBITDA10.7
P/S2.27
ROA
Beta0.88
Div Payout42.53%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score66/100
Updated 25 Jul
Each card tappable → shows formula + inputs
FLAGS & NEWS

Ador Welding flags & news 

Key strengths, potential risks, and recent updates.

7 green flags🚩 0 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 73.0% YoY
  • High Capital EfficiencyROCE of 22.8% indicating pricing power
  • Strong Return on EquityHealthy ROE of 15.8%
  • High Promoter HoldingPromoters hold 53.8% skin-in-the-game
  • Steady Dividend YieldReliable 2.24% dividend yield
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

No red flags identified

Latest Ador Welding News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

Ador Welding Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Ador Welding Limited, framed against the sector median so the premium or discount is obvious at a glance.

Ador Welding Limited trades at a P/E of 22.90× and P/B of 4.69×.

Key MetricsMarket + reported · 24 Jul 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹2,593.02 Cr.
P/E Ratio
22.9
P/B Ratio
4.69
EPS
₹65.11
Profitability

Profitability

ROE
15.8%
ROCE
22.8%
Net Margin
6.42%
Op Margin
10.8%
Growth

Growth

EPS YoY
73%
Revenue YoY
5.2%
Qtr Sales
2.89%
Qtr Profit
69.2%
Financial Health

Financial Health

Debt / Equity
0.01
Book Value
₹318.6
Div Yield
2.24%
Promoter Holding
53.76%
Technicals

Ador Welding Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Ador Welding Limited — derived from the live tape, not yesterday's close.

Ador Welding Limited last traded at ₹1,493.9 with an intraday range of ₹1,439.1–₹1,520 — live indicator, pivot and CPR signals below.

Last updated: 26 July 2026, 9:38 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹1493.90
LevelPrice (₹)Distance% Δ
R41691.37+197.47+13.22%
R31610.47+116.57+7.80%
R21565.23+71.33+4.77%
R11529.57+35.67+2.39%
PIVOT1484.33-9.57-0.64%
CURRENT1493.90
S11448.67-45.23-3.03%
S21403.43-90.47-6.06%
S31367.77-126.13-8.44%
S41286.87-207.03-13.86%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 1479.55P: 1484.33TC: 1489.12
R1
R2
R3
R4
indicator
LTP: 1493.90
PDH: 1484.00
PDL: 1426.40
● Market Sentiment

ADOR is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 1439.11484.9

● Price Position

Trading Above opening range, showing Bullishness

Financials

Ador Welding Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Ador Welding Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Ador Welding Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,593.02 Cr. and reported EPS of ₹65.11.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations1,123
1,140
1.5%
Sales Growth YoY %Derived
1.54%
Other Income19
18
3.4%
Total Income1,141
1,158
1.5%
725
709
2.3%
Gross ProfitDerived397
431
8.5%
Gross Margin %Derived35.40%
37.83%
295
310
4.9%
EBITDA (Operating Profit)Derived102
121
19.0%
OPM %Derived9.08%
10.64%
11
19
66.4%
Profit Before Tax (PBT)87
115
32.8%
27
33
24.5%
Effective Tax %Derived30.64%
28.71%
Total Profit for Period60
82
36.5%
Net Profit (Owner's PAT)Derived60
82
36.5%
Net Profit Margin %Derived5.35%
7.19%
PAT Growth YoY %Derived
36.52%
Earnings Per Share (EPS ₹)34.51
47.11
36.5%
Diluted Shares Outstanding (Cr)2
2
0.0%
Other Comprehensive Income (Net of Tax)-1
-1
34.2%
Total Expenses (incl. D&A & Interest)1,055
1,043
1.1%
Material Cost % of RevenueDerived59.04%
54.34%
Employee Cost % of RevenueDerived9.85%
10.31%
Other Cost % of RevenueDerived16.47%
16.88%
Interest Coverage (x)Derived18.44x
46.27x
Sales CAGR · 3Y
+36.6%
Sales CAGR · 5Y
+17.3%
PAT CAGR · 5Y
+27.3%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Ador Welding segment analysis : revenue and profit mix.

Disclosed business segments at Ador Welding with their share of revenue and profit, switchable between consolidated and standalone reporting.

Ador Welding discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Ador Welding Limited.

Our AI distills the core fundamental drivers supporting Ador Welding Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Ador Welding Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Latest quarterly EPS grew 73.4% YoY, signaling strong operational momentum and earnings recovery.

  • ROCE of 22.80% outpaces sector median, demonstrating efficient capital deployment and returns.

  • Debt-to-equity ratio of 0.0001 ensures exceptional financial resilience and balance sheet strength.

  • Promoter holding of 53.76% aligns management interests with long-term shareholder value creation.

  • Operating cash flow of ₹116.73 Cr exceeds net profit, confirming high-quality earnings generation.

bear case

Key Risks.

  • P/E of 26.34x signals potential overvaluation relative to forward P/E of 16.73x.

  • ROE of 15.80% lags behind top-tier competitors, limiting shareholder return potential versus peers.

  • FII holdings eased from 0.20% to 0.03%, signaling foreign investor caution and reduced confidence.

  • Quarterly profit volatility with Q2 FY25 loss of ₹39.5 Cr raises earnings predictability concerns.

  • TTM payout ratio of 42.47% constrains retained earnings for organic growth reinvestment capacity.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 30 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 11% would indicate weaker capital compounding.

  • Income thesis breaks if the dividend is cut or yield falls below 1.12%.

Shareholding

Ador Welding shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Ador Welding — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Promoters53.56%
Public34.71%1.47%
Promoter0.20%
DII10.47%2.16%
FII1.06%0.69%

Ownership Distribution

Promoters
53.56%
Retail & Public
34.71%
Promoter Foreign
0.20%
Domestic Institutions
10.47%
Foreign Institutions
1.06%

Category Trends

Foreign Institutions Breakdown
Total Holding: 1.06%
Net Change: +0.69%
Category Total1.06%
Total Holding1.06%
Net Change+0.69%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

Foreign Institutions: 1.06%

Individual institutional breakdown is not disclosed by the company, but aggregate holding data is shown above.

💡 This category has 1.06% total holding without detailed institution-wise disclosure
Peers

Ador Welding Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Ador Welding Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
PTC Industries Limited
₹26,637.41 Cr
Best Profit Growth
Harsha Engineers International Limited
201.00 %
Highest Dividend Yield
Ador Welding Limited
2.24 %
09 · Chart Patterns

Ador Welding Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Ador Welding Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on ADOR
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full ADOR pattern history & scanner →
Delivery Conviction

Ador Welding Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Ador Welding Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Ador Welding Limited stood at 66.5% of traded volume, against a 20-day average of 50.4%.

Avg Delivery (20D)50.4%+16.1 ppt latest vs avg
Highest Delivery66.5%on 24 Jul
Avg Volume (20D)78.1 K20-day run-rate
Conviction Trend↓ Weakening+16.1 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Ador Welding announcements: results, concalls, ratings, M&A.

Filings Ador Welding sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Ador Welding files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 83 documents below.

  1. 09 Jul 2026Change in ManagementView PDF

    Change in Management

    Ador Welding Limited has informed the Exchange about change in Management

  2. 07 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Ador Welding Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  3. 07 Jul 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Tania Ajit Mirchandani has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…

  4. 06 Jul 2026Record DateView PDF

    Record Date

    Ador Welding Limited has informed the Exchange that Record date for the purpose of Dividend is 16-Jul-2026.

  5. 02 Jul 2026General UpdatesView PDF

    General Updates

    Ador Welding Limited has informed the Exchange about General Updates

Corporate Actions

Ador Welding dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Ador Welding has declared, sequenced by announce and record date.

Ador Welding corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Ador Welding insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Ador Welding as reported to SEBI — buying and selling signals from the people who know the business best.

Ador Welding insider activity below tracks 39 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
DEEP ASHDA LALVANIInsider06 Mar 2026buy+222₹2.24 L₹1,011.00
DEEP ASHDA LALVANIInsider06 Mar 2026buy+222₹2.24 L₹1,011.00
DEEP ASHDA LALVANIInsider05 Mar 2026buy+111₹1.14 L₹1,024.32
DEEP ASHDA LALVANIInsider05 Mar 2026buy+111₹1.14 L₹1,024.32
DEEP ASHDA LALVANIInsider04 Mar 2026buy+250₹2.5 L₹1,000.00
DEEP ASHDA LALVANIInsider04 Mar 2026buy+250₹2.5 L₹1,000.00
DEEP ASHDA LALVANIInsider27 Feb 2026buy+68₹71,400₹1,050.00
DEEP ASHDA LALVANIInsider27 Feb 2026buy+68₹71,400₹1,050.00
DEEP ASHDA LALVANIInsider19 Feb 2026buy+490₹5.61 L₹1,145.00
DEEP ASHDA LALVANIInsider19 Feb 2026buy+490₹5.61 L₹1,145.00
About the Company

About Ador Welding Limited: business, sector, key facts.

What Ador Welding Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Ador Welding Limited operates in the Other Industrial Products industry under the Capital Goods sector, listed as NSE: ADOR, BSE: 517041.

ADOR
Capital Goods

Ador Welding Limited

NSE · ADOR·BSE · 517041·www.adorwelding.com

ADOR Welding Limited is a prominent Indian manufacturer and supplier of welding equipment, consumables, and automation solutions with a global reach. Their business is segmented into three key areas: Consumables, Equipment and Automation, and Flares & Process Equipment. This diversified approach allows them to cater to a wide range of industrial needs, solidifying their position in the market.

The Consumables segment focuses on a comprehensive selection of welding materials. This includes a vast array of electrodes for various applications (e.g., steel, stainless steel, cast iron), wires and fluxes for diverse welding processes (like submerged arc welding and flux-cored arc welding), and brazing rods and fluxes. The breadth of their consumable offerings ensures compatibility with numerous welding techniques and materials.

The Equipment and Automation segment provides a diverse range of welding equipment encompassing MMA, TIG, and MIG welding machines, along with air plasma cutting systems and submerged arc welding equipment. They also offer advanced technologies like synergic welding units and TIG add-on units. Beyond basic equipment, ADOR provides gas cutting products and accessories, CNC cutting machines, and crucial personal protective equipment (PPE). A significant portion of this segment involves automation solutions like robotic systems, columns, booms, positioners, and rotators tailored for various industrial applications.

The Flares & Process Equipment segment highlights ADOR's capability in larger-scale industrial projects. They engage in the design, manufacturing, installation, and commissioning of complete process packages, process equipment, and flare systems, often undertaking comprehensive EPC (Engineering, Procurement, and Construction) contracts. This segment showcases their expertise in complex industrial projects and their ability to deliver complete solutions.

ADOR's clientele spans a wide spectrum of industries, including heavy fabrication, rail coach manufacturing, defense, oil and gas, shipbuilding, power generation (both conventional and nuclear), automobile manufacturing, and various other metal-based industries. This diverse customer base underscores the versatility and applicability of ADOR's products and services across various sectors.

In addition to their product offerings, ADOR also provides skill development services, further enhancing their value proposition to customers by fostering expertise in welding technologies. Their long history, dating back to 1951, and their current status as a subsidiary of J.B. Advani & Company Private Limited, provide a strong foundation for continued growth and innovation in the welding industry.

company facts
Employees853
SectorCapital Goods
HeadquartersMumbai, India
Market Cap₹2,593.02 Cr.
Listed OnNSE
leadership33 on record
Dr. Shrikant Suvarna
Head – Manufacturing & Supply Chain (Welding Consumables)
Mr. Aditya Malkani
Managing Director, Executive Director
Mr. Aditya Tarachand Malkani B.A., M.B.A.
CEO, MD & Director
Mr. Deep Lalvani
Non- Executive Non-Independent Director
Mr. Jitendra Panjabi
Non-Executive Independent Director
Mr. Kiran Mane
Head - Flares & Process Equipment Division
Mr. Krishnamurthy Suryanarayan
Head - Corporate Strategy
Mr. Melville Ferns
Head - (India M & R Business) and Customer Success
Mr. Mihir Jayaraman
Additional Non-Executive Independent Director
Mr. Navroze Marshall
Non-Executive Independent Director
Mr. Rakesh Choudhary
Head - WAPS SBU
Mr. R. Mirchandani
Non-Executive Director
§ ∞ · Plainly Answered

Questions investors ask about Ador Welding Limited (ADOR).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Ador Welding Limited (ADOR)?

The current share price of Ador Welding Limited (ADOR) is ₹1,493.9. Today, the stock has gained by ₹31.20 (2.13%), trading in a range of ₹1,439.1 to ₹1,520. The stock opened at ₹1,440 with a trading volume of 46,158 shares.

02Is Ador Welding Limited stock a good investment for long-term?

Ador Welding Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,593.02 crores, P/E ratio of 22.90, ROE of 15.80%, and ROCE of 22.80%. The dividend yield stands at 2.24%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Ador Welding Limited stock?

The 52-week high price of Ador Welding Limited (ADOR) is ₹1,597, while the 52-week low is ₹848. Currently trading at ₹1,493.9, the stock is 86.2% away from its 52-week low and 6.5% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Ador Welding Limited stock at the current price?

Whether to buy Ador Welding Limited stock at ₹1,493.9 depends on multiple factors. The stock is currently trading with a P/E ratio of 22.90 and P/B ratio of 4.69. Today's performance shows a gain of 2.13%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Ador Welding Limited and when is the next dividend?

Ador Welding Limited offers a dividend yield of 2.24%, which means for every ₹100 invested at the current price of ₹1,493.9, you can expect to receive approximately ₹2.24 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Ador Welding Limited?

Ador Welding Limited's key financial metrics include: P/E Ratio: 22.90, P/B Ratio: 4.69, ROE: 15.80%, ROCE: 22.80%, Dividend Yield: 2.24%, EPS: ₹65.11, Book Value: ₹318.6, and Debt-to-Equity: 0.01. The company's market cap stands at ₹2,593.02 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Ador Welding Limited stock performing today in the market?

Ador Welding Limited stock opened at ₹1,440 and is currently trading at ₹1,493.9, showing a gain of ₹31.20 (2.13%). The intraday high is ₹1,520 and low is ₹1,439.1. The trading volume stands at 46,158 shares, indicating moderate market participation today.

08What is the P/E ratio of Ador Welding Limited and what does it indicate?

Ador Welding Limited has a Price-to-Earnings (P/E) ratio of 22.90, which means investors are willing to pay ₹22.90 for every ₹1 of earnings. With an EPS of ₹65.11, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Ador Welding Limited (ADOR) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.