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Ador Welding

  • Market Cap: Small Cap
  • Industry: Electrodes & Welding Equipment
  • ISIN: INE045A01017
  • NSEID: ADORWELD
  • BSEID: 517041
INR
859.25
9.55 (1.12%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 11.27 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

856.05870.00

52 Week

777.001,644.05
Valuation
Technical
Day's Volume

CASH

11.27 k (3.95%) Volume

Shareholding (Dec 2024)

FII

0.06%

Held by 7 FIIs

DII

10.31%

Held by 7 DIIs

Promoter

53.24%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 14.52% and Operating profit at 18.53% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Electrodes & Welding Equipment

stock-summary
Market cap

INR 1,495 Cr (Small Cap)

stock-summary
P/E

22.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

1.70%

stock-summary
Debt Equity

-0.06

stock-summary
Return on Equity

16.56%

stock-summary
Price to Book

3.12

Revenue and Profits (1 Year):
Net Sales:
274 Cr
(Quarterly Results - Dec 2024)
Net Profit:
15 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.7%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-36.84%
0%
-36.84%
1 Year
-39.87%
1.32%
-38.55%
2 Years
-12.5%
3.32%
-9.18%
3 Years
32.69%
8.09%
40.78%
4 Years
158.27%
11.91%
170.18%
5 Years
314.5%
21.15%
335.65%

Latest dividend: 18.5 per share ex-dividend date: May-15-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.52%
EBIT Growth (5y)
18.53%
EBIT to Interest (avg)
13.06
Debt to EBITDA (avg)
0.33
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.14
Tax Ratio
27.63%
Dividend Payout Ratio
39.82%
Pledged Shares
0
Institutional Holding
10.38%
ROCE (avg)
22.69%
ROE (avg)
12.60%
Valuation key factors
Factor
Value
P/E Ratio
22
Industry P/E
29
Price to Book Value
3.12
EV to EBIT
18.09
EV to EBITDA
14.86
EV to Capital Employed
3.27
EV to Sales
1.35
PEG Ratio
NA
Dividend Yield
1.70%
ROCE (Latest)
21.05%
ROE (Latest)
16.56%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (6.53%)

FIIs

Held by 7 FIIs (0.06%)

Promoter with highest holding

J B Advani And Company Pvt Limited (44.83%)

Highest Public shareholder

Clarus Capital I (3.6%)

Individual Investors Holdings

26.03%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 4.82% vs 31.64% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -17.64% vs 14.36% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "273.96",
          "val2": "261.35",
          "chgp": "4.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.26",
          "val2": "26.84",
          "chgp": "-13.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.07",
          "val2": "1.12",
          "chgp": "-4.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "15.41",
          "val2": "18.71",
          "chgp": "-17.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.49%",
          "val2": "10.27%",
          "chgp": "-1.78%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 4.62% vs 50.23% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -37.35% vs 107.85% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "538.70",
          "val2": "514.93",
          "chgp": "4.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "47.46",
          "val2": "58.49",
          "chgp": "-18.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.60",
          "val2": "1.63",
          "chgp": "59.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-10.01",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "26.55",
          "val2": "42.38",
          "chgp": "-37.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.81%",
          "val2": "11.36%",
          "chgp": "-2.55%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 4.69% vs 43.42% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -31.31% vs 66.23% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "812.66",
          "val2": "776.28",
          "chgp": "4.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "70.72",
          "val2": "85.33",
          "chgp": "-17.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.67",
          "val2": "2.75",
          "chgp": "33.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-10.01",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "41.96",
          "val2": "61.09",
          "chgp": "-31.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.70%",
          "val2": "10.99%",
          "chgp": "-2.29%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 62.31% vs 47.76% in Mar 2022",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 91.45% vs 535.07% in Mar 2022",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'22",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,073.62",
          "val2": "661.48",
          "chgp": "62.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "117.61",
          "val2": "58.37",
          "chgp": "101.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.08",
          "val2": "3.72",
          "chgp": "9.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "8.98",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "86.46",
          "val2": "45.16",
          "chgp": "91.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.95%",
          "val2": "8.82%",
          "chgp": "2.13%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
273.96
261.35
4.82%
Operating Profit (PBDIT) excl Other Income
23.26
26.84
-13.34%
Interest
1.07
1.12
-4.46%
Exceptional Items
0.00
0.00
Consolidate Net Profit
15.41
18.71
-17.64%
Operating Profit Margin (Excl OI)
8.49%
10.27%
-1.78%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 4.82% vs 31.64% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -17.64% vs 14.36% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
538.70
514.93
4.62%
Operating Profit (PBDIT) excl Other Income
47.46
58.49
-18.86%
Interest
2.60
1.63
59.51%
Exceptional Items
-10.01
0.00
Consolidate Net Profit
26.55
42.38
-37.35%
Operating Profit Margin (Excl OI)
8.81%
11.36%
-2.55%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 4.62% vs 50.23% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -37.35% vs 107.85% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
812.66
776.28
4.69%
Operating Profit (PBDIT) excl Other Income
70.72
85.33
-17.12%
Interest
3.67
2.75
33.45%
Exceptional Items
-10.01
0.00
Consolidate Net Profit
41.96
61.09
-31.31%
Operating Profit Margin (Excl OI)
8.70%
10.99%
-2.29%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 4.69% vs 43.42% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -31.31% vs 66.23% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'22
Change(%)
Net Sales
1,073.62
661.48
62.31%
Operating Profit (PBDIT) excl Other Income
117.61
58.37
101.49%
Interest
4.08
3.72
9.68%
Exceptional Items
0.00
8.98
-100.00%
Consolidate Net Profit
86.46
45.16
91.45%
Operating Profit Margin (Excl OI)
10.95%
8.82%
2.13%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 62.31% vs 47.76% in Mar 2022

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 91.45% vs 535.07% in Mar 2022

All Annual Resultsstock-summary
stock-summaryCompany CV
About Ador Welding Ltd. stock-summary
stock-summary
Ador Welding Ltd.
Small Cap
Electrodes & Welding Equipment
Ador Welding Limited (AWL) was formerly incorporated as 'Advani Oerlikon Limited' on October 22, 1951 by J B Advani & Co. and the Oerlikon-Buhrle Group (now Unaxis), Switzerland. The Company name was changed from 'Advani Oerlikon Limited' to 'Ador Welding Limited' on October 16, 2003. Ador Welding is India's leader in the field of Welding Products, Technologies & Services.
Company Coordinates stock-summary
Company Details
Ador House 4th Floor, 6 K Dubash Marg Fort Mumbai Maharashtra : 400001
stock-summary
Tel: 91-022-22842525/66239300
stock-summary
http://www.adorwelding.com
stock-summary
investorservices@adorians.com/cmo@a
Registrar Details
Sharex Dynamic (India) Pvt Ltd , Unit -1, Luthra Ind. Premises , Safed Pool, Andheri-Kurla Road, Andheri (E), Mumbai
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