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Company details

648.35
682.10
589.80
852.10
6M Return -3.54%
1Y Return 1.20%
Mkt Cap.(Cr) 886.18
Volume 22,519
Div Yield 1.93%
OI
-
OI Chg %
-
Volume 22,519

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 237.54 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 23,827.16 -46,760.12
LAST 3M 69,266.52 -85,710.05
LAST 6M 140,902.25 -216,196.87
LAST 12M 235,226.83 -247,499.26
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Feb 27, 2020 Dividend 65

Information

  • About Company
  • Company Info
  • Listing Info
22.96
56.9%
207.4191
6.15%
6.4%
Description
  • 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.

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Registered Address

Ador House 4th Floor, 6 K Dubash Marg Fort, Mumbai, Maharashtra, 400001

Tel : 91-022-22842525/66239300
Email : investorservices:adorians.com/cmo:adorians,com
Website : http://www.adorwelding.com

Registrar

Sharex Dynamic (India) Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 517041
NSE Code : ADORWELD
Book Closure Date (Month) :
BSE Group : B
ISIN : INE045A01017

ICICIdirect Ador Welding Ltd FAQ

You can buy Ador Welding Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ador Welding Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 29, 2022 04:01 PM the closing price of Ador Welding Ltd was ₹ 651.70.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jun 29, 2022 04:01 PM, the market cap of Ador Welding Ltd stood at ₹ 886.18.
The latest PE ratio of Ador Welding Ltd as of Jun 29, 2022 04:01 PM is 22.96
The latest PB ratio of Ador Welding Ltd as of Jun 29, 2022 04:01 PM is 0.32
The 52-week high of Ador Welding Ltd is ₹ 852.10 while the 52-week low is ₹ 589.80 .

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