Ador Welding Ltd
ADORWELDAdor Welding Ltd
ADORWELD
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 52.88 | 5.41 | 1.28% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 50.42 | 7.24 | 0.54% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ador Welding Ltd. is engaged in the production and service of electrodes, wires as well as designing, engineering, procurement and commissioning of flares, incinerators and furnaces.
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Jyoti CNC Automation Ltd
Carborundum Universal Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ cr.
All values in ₹ cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 412.39 | 450.83 | 467.45 | 522.57 | 534.64 | 454.59 | 675.94 | 783.43 | 896.90 | 1,022.15 | ||||||||||
Raw Materials | 270.16 | 314.95 | 328.54 | 360.62 | 368.72 | 335.67 | 479.75 | 537.08 | 577.31 | 951.02 | ||||||||||
| Power & Fuel Cost | 8.01 | 8.91 | 9.03 | 10.12 | 11.33 | 10.36 | 14.55 | 16.18 | 16.42 | |||||||||||
| Employee Cost | 38.32 | 39.20 | 38.31 | 41.10 | 42.41 | 37.56 | 48.66 | 56.85 | 72.63 | |||||||||||
| Selling & Administrative Expenses | 23.99 | 22.14 | 22.73 | 24.00 | 25.70 | 20.51 | 33.17 | 49.38 | 60.79 | |||||||||||
| Operating & Other expenses | 26.84 | 25.15 | 24.31 | 31.78 | 35.69 | 46.91 | 24.90 | 29.42 | 65.42 | |||||||||||
EBITDA | 45.07 | 40.48 | 44.53 | 54.95 | 50.79 | 3.58 | 74.91 | 94.52 | 104.33 | 71.13 | ||||||||||
| Depreciation/Amortization | 11.66 | 11.22 | 10.08 | 9.60 | 10.68 | 11.10 | 10.90 | 11.61 | 13.42 | 15.45 | ||||||||||
| PBIT | 33.41 | 29.26 | 34.45 | 45.35 | 40.11 | -7.52 | 64.01 | 82.91 | 90.91 | 55.68 | ||||||||||
| Interest & Other Items | 1.58 | 2.06 | 6.20 | 10.57 | 10.04 | 8.16 | 5.80 | 3.80 | 5.36 | 5.01 | ||||||||||
| PBT | 31.83 | 27.20 | 28.25 | 34.78 | 30.07 | -15.68 | 58.21 | 79.11 | 85.55 | 50.67 | ||||||||||
| Taxes & Other Items | 9.18 | 9.08 | 9.69 | 10.93 | 4.45 | -3.69 | 13.19 | 19.82 | 22.36 | 13.62 | ||||||||||
| Net Income | 22.65 | 18.12 | 18.56 | 23.85 | 25.62 | -11.99 | 45.02 | 59.29 | 63.19 | 37.05 | ||||||||||
| EPS | 16.66 | 13.33 | 13.65 | 17.54 | 18.84 | -8.82 | 33.11 | 43.60 | 46.47 | 27.25 | ||||||||||
| DPS | 5.00 | 5.00 | 5.00 | 6.50 | 6.50 | 0.00 | 12.50 | 17.50 | 18.50 | 18.50 | ||||||||||
| Payout ratio | 0.30 | 0.38 | 0.37 | 0.37 | 0.35 | 0.00 | 0.38 | 0.40 | 0.40 | 0.68 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Ador Welding Ltd | 31.01 | 5.41 | 1.28% |
| Cummins India Ltd | 56.81 | 14.78 | 1.08% |
| Thermax Limited | 82.85 | 12.04 | 0.25% |
| AIA Engineering Ltd | 28.50 | 4.85 | 0.47% |
Price Comparison
Compare ADORWELD with any stock or ETFShareholdings
Promoter Holdings Trend
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Shareholding History
Mutual Funds Holding Trend
No mutual funds holding trends are available
Top 5 Mutual Funds holding Ador Welding Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
quant Manufacturing Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.3427% | Percentage of the fund’s portfolio invested in the stock 4.51% | Change in the portfolio weight of the stock over the last 3 months -0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 6/38 (+1) |
Nippon India Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0892% | Percentage of the fund’s portfolio invested in the stock 0.47% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 42/95 (-5) |
LIC MF Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5182% | Percentage of the fund’s portfolio invested in the stock 0.71% | Change in the portfolio weight of the stock over the last 3 months -0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 77/86 (-18) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMay 15, 2024
Dividend/Share
₹18.50
Ex DateEx Date
May 15, 2024
Cash Dividend
Ex DateEx DateAug 2, 2023
Dividend/Share
₹17.50
Ex DateEx Date
Aug 2, 2023
Cash Dividend
Ex DateEx DateJul 19, 2022
Dividend/Share
₹12.50
Ex DateEx Date
Jul 19, 2022
Cash Dividend
Ex DateEx DateFeb 27, 2020
Dividend/Share
₹6.50
Ex DateEx Date
Feb 27, 2020
Cash Dividend
Ex DateEx DateJul 18, 2019
Dividend/Share
₹6.50
Ex DateEx Date
Jul 18, 2019
Net loss of Ador Welding reported to Rs 16.09 crore in the quarter ended September 2024 as against net profit of Rs 26.68 crore during the previous quarter ended September 2023. Sales declined 2.83% to Rs 267.76 crore in the quarter ended September 2024 as against Rs 275.56 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales267.76275.56 -3 OPM %7.7013.09 - PBDT24.7339.44 -37 PBT20.2935.63 -43 NP-16.0926.68 PL Powered by Capital Market - Live
Ador Welding will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
Ador Welding standalone net profit rises 34.70% in the June 2024 quarter
Net profit of Ador Welding rose 34.70% to Rs 15.14 crore in the quarter ended June 2024 as against Rs 11.24 crore during the previous quarter ended June 2023. Sales rose 21.16% to Rs 229.76 crore in the quarter ended June 2024 as against Rs 189.63 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales229.76189.63 21 OPM %9.258.47 - PBDT24.1218.38 31 PBT20.3515.04 35 NP15.1411.24 35 Powered by Capital Market - Live
Ador Welding will hold a meeting of the Board of Directors of the Company on 2 August 2024.Powered by Capital Market - Live
Deccan Health Care Ltd leads gainers in ‘B’ group
Accumulate Ador Welding; target of Rs 1806: Asit C Mehta
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Ador Welding consolidated net profit rises 54.63% in the December 2022 quarter
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.41%, vs industry avg of 10.63%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.76% to 0.73%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 21.52%, vs industry avg of 23.31%