Market Data
Market Cap₹2,797.76 Cr.
52W High₹1,765
Current Price₹1,607.65
52W Low₹850
Down from 52W High8.9 %
Face Value₹10
Performance
ROCE28.66 %
ROE20.48 %
EPS (TTM)₹15.86
EPS Prev Qtr₹19.65
EPS Last Year₹14.37
EBITDA Qtr₹30.72 Cr.
Book Value₹318
Financial Health
Debt/Equity0
Debt/Profit0.01
Total Assets₹831.83 Cr.
Dividend Yield1.43 %
Promoter Holding53.76 %
Earning Power17.03 %
Valuation
Stock P/E24.65
Industry P/E33.9
Price to Book5.05
Price to Sales2.34
Graham Number₹683.54
Key Metrics
Face Value
₹10
About Ador Welding Ltd
Capital Goods · Capital Goods-Non Electrical Equipment
Ador Welding Ltd is listed on NSE in the Capital Goods / Capital Goods-Non Electrical Equipment sector. Face value ₹10. Market cap ₹2,797.76 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a high ROCE of 28.66%, indicating efficient use of capital.
- The company has a healthy ROE of 20.48%, reflecting strong profitability relative to shareholders' equity.
- The company is debt-free with a Debt to Equity ratio of 0, reducing financial risk.
- The company has a significant promoter holding of 53.76%, indicating strong management control and alignment of interests.
Weaknesses
- The P/E ratio of 23.76 suggests that the stock may be relatively expensive compared to its earnings.
- The P/B ratio of 4.86 indicates that the market values the company at a premium over its book value.
- The dividend yield is low at 1.48%, which may not attract income-focused investors.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Cummins India Ltd | - | 56.68 | ₹1,34,164.8 Cr | 1.36% | ₹2,367.15 Cr | - | ₹12,662.38 Cr | - | 36.6% | 0 |
| Welspun Corp Ltd | - | 31.26 | ₹72,223.24 Cr | 0.18% | ₹2,319.21 Cr | - | ₹17,299.77 Cr | - | 27.27% | 0.24 |
| APL Apollo Tubes Ltd | - | 49.7 | ₹61,084.85 Cr | 0.39% | ₹1,229.04 Cr | - | ₹23,064.55 Cr | - | 35.88% | 0.15 |
| Indo-MIM Ltd | - | - | ₹60,675.28 Cr | - | - | - | - | - | - | 0.39 |
| Tube Investments of India Ltd | - | 78.31 | ₹47,521.02 Cr | 0.14% | ₹1,108.99 Cr | - | ₹23,753.7 Cr | - | 23.62% | 0.05 |
| Kirloskar Oil Engines Ltd | - | 56.97 | ₹31,117.12 Cr | 0.21% | ₹534.6 Cr | - | ₹7,936.74 Cr | - | 13.7% | 1.47 |
| Jyoti CNC Automation Ltd | - | 73.93 | ₹23,774.81 Cr | - | ₹321.72 Cr | - | ₹2,191.43 Cr | - | 18.46% | 0.42 |
| Carborundum Universal Ltd | - | 112.69 | ₹23,764.06 Cr | 0.2% | ₹187.75 Cr | - | ₹5,413.92 Cr | - | 7.99% | 0.08 |
| Grindwell Norton Ltd | - | 48.78 | ₹21,279.28 Cr | 0.99% | ₹437.67 Cr | - | ₹3,173.03 Cr | - | 23.31% | 0 |
| Ratnamani Metals & Tubes Ltd | - | 44.42 | ₹19,226.94 Cr | 0.36% | ₹514.36 Cr | - | ₹4,313.97 Cr | - | 15.73% | 0.07 |
| Elgi Equipments Ltd | - | 42.16 | ₹18,971.76 Cr | 0.45% | ₹447.9 Cr | - | ₹4,146.2 Cr | - | 23.64% | 0.18 |
| Jindal Saw Ltd | - | 26.92 | ₹17,647.23 Cr | 0.72% | ₹600.65 Cr | - | ₹18,262.8 Cr | - | 8.43% | 0.32 |
| Graphite India Ltd | - | 73.09 | ₹15,592.93 Cr | 0.88% | ₹209 Cr | - | ₹3,029 Cr | - | 5.11% | 0.06 |
| Tega Industries Ltd | - | 531.79 | ₹15,141.99 Cr | 0.1% | ₹-0.93 Cr | - | ₹3,059.28 Cr | - | 10.52% | 0.19 |
| Action Construction Equipment Ltd | - | 33.04 | ₹14,445.39 Cr | 0.16% | ₹436.87 Cr | - | ₹3,414.04 Cr | - | 37.02% | 0.01 |
| Lloyds Engineering Works Ltd | - | 55.44 | ₹14,197.52 Cr | 0.26% | ₹193.81 Cr | - | ₹1,611.28 Cr | - | 15.08% | 0.02 |
| KSB Ltd | - | 56.73 | ₹13,921.4 Cr | - | ₹245.5 Cr | - | ₹2,725.6 Cr | - | 19.71% | 0 |
| Kirloskar Brothers Ltd | - | 36.89 | ₹13,774.27 Cr | 0.4% | ₹357.4 Cr | - | ₹4,663.9 Cr | - | 18.14% | 0.08 |
| Ingersoll-Rand (India) Ltd | - | 49.82 | ₹13,328.01 Cr | 1.78% | ₹267.51 Cr | - | ₹1,456.51 Cr | - | 58.5% | 0 |
| Titagarh Rail Systems Ltd | - | 57.72 | ₹11,030.45 Cr | 0.12% | ₹188.36 Cr | - | ₹3,271.59 Cr | - | 11.26% | 0.22 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 281.09 | 288.12 | 318.97 | 309.46 |
| ↳ QoQ Growth | - | +2.5% | +10.7% | -3.0% |
| Expenses | 251.11 | 249.34 | 276.79 | 278.74 |
| Operating Profit | 29.98 | 38.78 | 42.18 | 30.72 |
| OPM % | 10.67% | 13.46% | 13.22% | 9.93% |
| Other Income | 4.32 | 3.5 | 5.39 | 7.02 |
| Interest | 0.63 | 0.33 | 0.4 | 0.81 |
| Depreciation | 4.77 | 4.96 | 4.98 | 4.99 |
| EBITDA | 34.75 | 43.74 | 47.16 | 35.71 |
| EBITDA Margin % | 12.36% | 15.18% | 14.79% | 11.54% |
| Profit Before Tax | 33.67 | 36.05 | 50.32 | 36.93 |
| Tax % | 25.72% | 25.88% | 32.03% | 25.26% |
| Net Profit | 25.01 | 26.72 | 34.2 | 27.6 |
| ↳ QoQ Growth | - | +6.8% | +28.0% | -19.3% |
| EPS | 14.37 | 15.35 | 19.65 | 15.86 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 17.4 | 17.4 |
| Reserves | 489.69 | 537.05 |
| Borrowings | 2.41 | 0.85 |
| Other Liabilities | 184.43 | 276.53 |
| Total Liabilities | 693.93 | 831.83 |
| Fixed Assets | 196.26 | 193.36 |
| CWIP | 4.11 | 3.16 |
| Investments | 31.93 | 58.05 |
| Other Assets | 461.63 | 577.26 |
| Total Assets | 693.93 | 831.83 |
Cash Flows
| Mar 2026 | |
|---|---|
| Cash from Operating Activity | 115.86 |
| Cash from Investing Activity | -65.93 |
| Cash from Financing Activity | -37.9 |
| Net Cash Flow | 12.03 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 53.72% | 53.73% | 53.76% | 53.76% |
| FIIs % | 0.09% | 0.14% | 0.37% | 1.06% |
| DIIs % | 12.44% | 12.57% | 12.63% | 10.47% |
| Public % | 24.54% | 24.44% | 24.2% | 25.33% |
| No. of Shareholders | 37,949 | 36,356 | 35,567 | 35,275 |
Major Shareholders (>1%)
- J B Advani And Company Pvt LimitedPromoter and Promoter Group45.23%
- Clarus Capital IPublic Shareholding6.22%
- Girish Gulati Huf .Public Shareholding2.46%
- Aruna Bhagwan AdvaniPromoter and Promoter Group2.26%
As of 2026-06-30View all shareholders →