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Ador Welding Ltd

Ador Welding

Small Cap862 EmployeesIPO 1994
Current Price
1027.90
-25.7 (-2.44%)Updated
NSE :ADOR
BSE :517041
Sector :Machinery
Today's Range
1011.90
1027.90
union icon
1053.50
52 Week Range
52W Low824.00
52W High1260.00
1027.90
union icon
Downside24.75%
Upside22.58%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
1,883.51 Cr
Market Cap
Total market value of company
P/E Ratio
27.63
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
3.41
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
37.81
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
8.62%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
20.30%
ROCE
Return on Capital Employed. >15% is good
Net Margin
5.82%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
12.43%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
16.36%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
4.40%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
94.60%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
-
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
291.38
Book Value
Net asset value per share
Dividend Yield
1.91%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
53.70%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Debt-to-equity ratio of 0.00 provides strong financial stability.
  • Healthy ROCE of 20.30% indicates efficient capital deployment for profits.

Weaknesses

5 points
  • P/E ratio of 35.70 exceeds sector P/E of 29.22, suggesting overvaluation.
  • ROE of 13.90% suggests room for improvement in shareholder returns.

Opportunities

5 points
  • Capital Goods sector benefits from ongoing industrial and infrastructure expansion.
  • Exploring advanced welding technologies can capture emerging market segments.

Threats

5 points
  • Intense industry competition, with peers showing higher ROCE, impacts market share.
  • Dependency on raw materials exposes operating margins to price fluctuations.

Segment-wise Financial Analysis

Financial Results

Balance Sheet

StandaloneAnnualAll amounts in ₹ Crores • CA Schedule III Format

No Balance Sheet Data Available

Standalone annual data is not available for this symbol.
Try switching to Consolidated view.

Shareholding Pattern

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Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
VIMLA ASHDA LALVANI
23 Dec 202430 Dec 202424,895
1,849
₹1,127.2BUY
VIMLA ASHDA LALVANI
23 Dec 202430 Dec 202425,988
1,093
₹1,123.95BUY
DEEP ASHDA LALVANI
18 Feb 202520 Feb 202511,563
44
₹886.23BUY
Dr. Deep Ashda Lalvani
18 Feb 202520 Feb 202510,984
10
₹980BUY
Dr. Deep Ashda Lalvani
18 Feb 202520 Feb 202511,084
100
₹975BUY
DEEP ASHDA LALVANI
18 Feb 202520 Feb 202511,399
315
₹948.81BUY
DEEP ASHDA LALVANI
18 Feb 202520 Feb 202511,496
97
₹889.33BUY
Dr. Deep Ashda Lalvani
18 Feb 202520 Feb 202510,974
71
₹984BUY
Dr. Deep Ashda Lalvani
18 Feb 202520 Feb 202510,903
6
₹975BUY
Dr. Deep Ashda Lalvani
18 Feb 202520 Feb 202510,897
50
₹982.7BUY
Dr. Deep Ashda Lalvani
18 Feb 202520 Feb 202510,847
60
₹984BUY
Dr. Deep Ashda Lalvani
18 Feb 202520 Feb 202510,787
13
₹990BUY
DEEP ASHDA LALVANI
18 Feb 202520 Feb 202512,963
1,200
₹865BUY
DEEP ASHDA LALVANI
18 Feb 202520 Feb 202511,763
200
₹865BUY
DEEP ASHDA LALVANI
18 Feb 202520 Feb 202511,519
5
₹890BUY
DEEP ASHDA LALVANI
18 Feb 202520 Feb 202511,514
18
₹888.61BUY
J.B.ADVANI & CO. PVT. LTD
05 Feb 202520 Feb 202578.71 L
200
₹989.9BUY
TANYA RALINA ADVANI
05 Feb 202520 Feb 20251,195
1,000
₹994.73BUY
J.B.ADVANI & CO. PVT. LTD
04 Feb 202520 Feb 202578.71 L
19,688
₹996.41BUY
J.B.ADVANI & CO. PVT. LTD
30 Jan 202520 Feb 202578.51 L
200
₹989.19BUY
J.B.ADVANI & CO. PVT. LTD
29 Jan 202520 Feb 202578.51 L
49,300
₹1,003.03BUY
Mrs. Ninotchka Malkani Nagpal
29 Jan 202520 Feb 20252.86 L
1,000
₹999.9BUY
Mrs. Ninotchka Malkani Nagpal
28 Jan 202520 Feb 20252.85 L
2,000
₹998.74BUY
ADITYA T. MALKANI
18 Feb 202521 Feb 20253.12 L
4,475
₹894.48BUY
Mrs. Ninotchka Malkani Nagpal
03 Mar 202506 Mar 20252.87 L
947
₹859.43BUY
JITENDRA HIRU PANJABI
26 Mar 202527 Mar 20257,000
1,000
₹874.77BUY
JITENDRA HIRU PANJABI
26 Mar 202527 Mar 20256,000
1,000
₹911.22BUY

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R41133.50+₹105.60+10.27%
R31091.90+₹64.00+6.23%
R21072.70+₹44.80+4.36%
R11050.30+₹22.40+2.18%
PIVOT1031.103.200.31%
CURRENT1027.90--
S1925.50-₹102.40-9.96%
S2967.10-₹60.80-5.91%
S3989.50-₹38.40-3.74%
S41008.70-₹19.20-1.87%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
0.11L
(02 Mar 2026)
-12.8% vs avg
Delivery %
58.9%
(02 Mar 2026)
+5.3% vs avg
Avg Volume (20D)
0.13L
(03 Feb - 02 Mar)
20-day average
Avg Delivery %
53.6%
(03 Feb - 02 Mar)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Schaeffler India Ltd
59,147.65 ₹ Cr
Best Profit Growth
HLE Glascoat Ltd
334.00 %
Highest Dividend Yield
Honda India Power Products Ltd
4.98 %

Peer Comparison

Company Name
AIAENG
AIA Engineering Ltd
CONFIPET
Confidence Petroleum India Ltd
DEEDEV
DEE Development Engineers Ltd
DIFFNKG
Diffusion Engineers Ltd
HLEGLAS
HLE Glascoat Ltd
HONDAPOWER
Honda India Power Products Ltd
ICEMAKE
ICE Make Refrigeration Ltd
JNKINDIA
JNK India Ltd
PIXTRANS
Pix Transmission Ltd
ROTO
Roto Pumps Ltd
SCHAEFFLER
Schaeffler India Ltd
THEJO
Thejo Engineering Ltd
WALCHANNAG
Walchandnagar Industries Ltd
WENDT
Wendt India Ltd
WINDMACHIN
Windsor Machines Ltd

About

ADOR

Ador Welding Ltd

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 - ADOR

Registered Address

Ador House, 6, K. Dubash Marg, Fort

Mumbai

MAHARASHTRA

IN

Company Details

Group: Capital Goods

Sector: Industrials

Industry: Machinery

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 862

IPO Date: 05/12/1994

MANAGEMENT - ADOR

Mr. Suryakant Sethia

Chief Financial Officer

Mrs. Ninotchka Nagpal

Executive Chairman of the Board

Mr. Vinayak Bhide

Compliance Officer, Company Secretary, Head - Corporate Administration, legal

Mr. Aditya Malkani

Managing Director, Executive Director

Mr. Vineet Bansal

Sales Head - Domestic Welding

Mr. Sujit Barde

Head - Welding and Cutting Automation

Mr. Rakesh Choudhary

Head - WAPS SBU

Mr. Sachin Dobhada

Head - TDC and Equipment Quality

Mr. Melville Ferns

Head - (India M & R Business) and Customer Success

Mr. S. Ajay Kumar

Head - International Business

Mr. Kiran Mane

Head - Flares & Process Equipment Division

Mr. Sunanda Palit

Head - CCC and Strategic support to Equipment and WAPS

Investor Questions Answered

Ador Welding Ltd (ADOR) Stock FAQs

Get answers to the most common questions about Ador Welding Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Ador Welding Ltd (ADOR) is ₹1,027.9. Today, the stock has declined by ₹25.70 (2.44%), trading in a range of ₹1,011.9 to ₹1,053.5. The stock opened at ₹1,035 with a trading volume of 11,405 shares.
Ador Welding Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,883.51 crores, P/E ratio of 27.63, ROE of 8.62%, and ROCE of 20.30%. The dividend yield stands at 1.91%. 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.
The 52-week high price of Ador Welding Ltd (ADOR) is ₹1,260, while the 52-week low is ₹824. Currently trading at ₹1,027.9, the stock is 46.8% away from its 52-week low and 18.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Ador Welding Ltd stock at ₹1,027.9 depends on multiple factors. The stock is currently trading with a P/E ratio of 27.63 and P/B ratio of N/A. Today's performance shows a loss of 2.44%. 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.
Ador Welding Ltd offers a dividend yield of 1.91%, which means for every ₹100 invested at the current price of ₹1,027.9, you can expect to receive approximately ₹1.91 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.
Ador Welding Ltd's key financial metrics include: P/E Ratio: 27.63, P/B Ratio: N/A, ROE: 8.62%, ROCE: 20.30%, Dividend Yield: 1.91%, EPS: ₹37.81, Book Value: ₹291.38, Debt-to-Equity: 0.00, and Current Ratio: N/A. The company's market cap stands at ₹1,883.51 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Ador Welding Ltd stock opened at ₹1,035 and is currently trading at ₹1,027.9, showing a decline of ₹25.70 (2.44%). The intraday high is ₹1,053.5 and low is ₹1,011.9. The trading volume stands at 11,405 shares, indicating moderate market participation today.
Ador Welding Ltd has a Price-to-Earnings (P/E) ratio of 27.63, which means investors are willing to pay ₹27.63 for every ₹1 of earnings. With an EPS of ₹37.81, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
Ador Welding Ltd has a market capitalization of ₹1,883.51 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹1,027.9) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Ador Welding Ltd has a book value of ₹291.38 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹1,027.9, which is 252.8% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Ador Welding Ltd has a Return on Equity (ROE) of 8.62% and Return on Capital Employed (ROCE) of 20.30%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Ador Welding Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Ador Welding Ltd has a debt-to-equity ratio of 0.00, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Ador Welding Ltd has an Earnings Per Share (EPS) of ₹37.81, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹1,027.9 and P/E ratio of 27.63, investors are paying 27.63 times the annual earnings per share. This moderate EPS suggests decent earnings generation. Track EPS growth over quarters to assess earnings momentum.
Ador Welding Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Ador Welding Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Ador Welding Ltd stock, consider: 1) Fundamental Analysis - Review P/E (27.63), ROE (8.62%), debt-to-equity (0.00), and growth rates. 2) Technical Analysis - Check 52-week range (₹824.00 - ₹1260.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹1027.90) with book value (₹291.38) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Ador Welding Ltd share is ₹10.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹1,027.9 is 10179x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Ador Welding Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹824.00 - ₹1260.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.00 indicates leverage. 4) Liquidity Risk - Based on trading volume of 11,405 shares. 5) Valuation Risk - P/E of 27.63 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Ador Welding Ltd operates in the industry with key metrics: P/E ratio of 27.63, ROE of 8.62%, market cap of ₹1,883.51 crores, and dividend yield of 1.91%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.00), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Ador Welding Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹1,027.9, with a 52-week range of ₹824.00 to ₹1260.00. Based on fundamentals like P/E (27.63), ROE (8.62%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Ador Welding Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹1027.90. 2) Fundamental Deterioration - Declining ROE (currently 8.62%), increasing debt (D/E: 0.00), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Ador Welding Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 1.91%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.