Ador Welding Ltd is a welding product manufacturing company, having its market capitalization worth Rs.542.71 Cr. as of 15 May 2021. The company was incorporated in 1951. The company has reported its consolidated quarterly revenue of Rs. 135.15 Cr. at the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 517041, and on the National Stock Exchange (NSE) with the symbol ADORWELD.
The company is the leading provider of end-to-end welding & cutting products and solutions.
The total welding industry comprises Welding Consumables like sticks and wires/flux, Welding equipment (machines), Cutting equipment and Welding automation, Consumables, having a share of around 70% the main driver of the market. Equipment sale is estimated @ 15%, Cutting equipment @10%, and Welding automation @ 5% completes the welding industry. ADOR has a significant market share in both the Consumable and Equipment Market and is a leader in many products and geographies. The company has established plants at Ahmednagar & Chinchwad (in Maharashtra), Chennai (in Tamil Nadu), Raipur (in Chattisgarh), and Silvassa (in the U. T. of Dadra & Nagar Haveli).
The total operating revenue for the year ended 31 March 2020 was Rs. 52,574 lakhs, with a growth of around 2.65% over the previous year. Revenue from consumables was Rs. 40,391 lakhs registering a growth of 4.72% over the previous year. Revenue from the equipment business was Rs. 7,354 lakhs registering a negative growth of 13.45% over the previous year. Project engineering business revenue was Rs. 4,829 lakhs for the year, registering a growth of Rs. 681 lakhs, compared with last year.
As of 31 March 2021, promoters in the company hold 56.89 % of the shareholding, out of which 6.52% relates to Individual/ HUF, 50.01% is of a body corporate, and 0.36% is of a foreign individual. The public subscribes to the remaining shares.
The company funded all its capital investment from internal accruals. Debtors have been controlled at 90 days. Inventory is higher at 43 days compared to 37 days in the previous year. The company has borrowed working capital funds for its business, which will be repaid out of the company's free cash flows.
The company has obtained a credit rating of CARE AA- (Stable) for Long term credit facilities and CARE A for short-term credit facilities as of 31 March 20.
Ador Welding share price as on 02 Mar 2026 is Rs. 1023.7. Over the past 6 months, the Ador Welding share price has increased by 12.58% and in the last one year, it has increased by 19.35%. The 52-week low for Ador Welding share price was Rs. 788 and 52-week high was Rs. 1260.
Ador Welding Ltd is a welding product manufacturing company, having its market capitalization worth Rs.542.71 Cr. as of 15 May 2021. The company was incorporated in 1951. The company has reported its consolidated quarterly revenue of Rs. 135.15 Cr. at the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 517041, and on the National Stock Exchange (NSE) with the symbol ADORWELD.
The company is the leading provider of end-to-end welding & cutting products and solutions.
The total welding industry comprises Welding Consumables like sticks and wires/flux, Welding equipment (machines), Cutting equipment and Welding automation, Consumables, having a share of around 70% the main driver of the market. Equipment sale is estimated @ 15%, Cutting equipment @10%, and Welding automation @ 5% completes the welding industry. ADOR has a significant market share in both the Consumable and Equipment Market and is a leader in many products and geographies. The company has established plants at Ahmednagar & Chinchwad (in Maharashtra), Chennai (in Tamil Nadu), Raipur (in Chattisgarh), and Silvassa (in the U. T. of Dadra & Nagar Haveli).
The total operating revenue for the year ended 31 March 2020 was Rs. 52,574 lakhs, with a growth of around 2.65% over the previous year. Revenue from consumables was Rs. 40,391 lakhs registering a growth of 4.72% over the previous year. Revenue from the equipment business was Rs. 7,354 lakhs registering a negative growth of 13.45% over the previous year. Project engineering business revenue was Rs. 4,829 lakhs for the year, registering a growth of Rs. 681 lakhs, compared with last year.
As of 31 March 2021, promoters in the company hold 56.89 % of the shareholding, out of which 6.52% relates to Individual/ HUF, 50.01% is of a body corporate, and 0.36% is of a foreign individual. The public subscribes to the remaining shares.
The company funded all its capital investment from internal accruals. Debtors have been controlled at 90 days. Inventory is higher at 43 days compared to 37 days in the previous year. The company has borrowed working capital funds for its business, which will be repaid out of the company's free cash flows.
The company has obtained a credit rating of CARE AA- (Stable) for Long term credit facilities and CARE A for short-term credit facilities as of 31 March 20.
Ador Welding share price as on 02 Mar 2026 is Rs. 1023.7. Over the past 6 months, the Ador Welding share price has increased by 12.58% and in the last one year, it has increased by 19.35%. The 52-week low for Ador Welding share price was Rs. 788 and 52-week high was Rs. 1260.
