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Ador Welding Ltd share Price Today

Company details

1,370.45
1,410.70
1,022.00
1,770.00
6M Return -8.60%
1Y Return 19.76%
Mkt Cap.(Cr) 1,889.44
Volume 11,543
Div Yield 1.33%
OI
-
OI Chg %
-
Volume 11,543

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Ador Welding Ltd shares SWOT Analysis

Strengths (6)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Annual Net Profits improving for last 2 years

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,410.0
R2 1,430.5
R3 1,450.2
Pivot

1,390.22

S1 1,369.7
S2 1,350.0
S3 1,329.5
EMA SMA
1,376.4
1,400.1
1,407.2
1,349.2
1,373.5
1,394.2
1,452.0
1,359.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-04 1675.65 100395 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-04 1673.8 100395 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-11-09 1471.49 141320 NSE
Name Category Shares
ARUNA BHAGWAN ADVANI PROMOTER 2.17%
NINOTCHKA MALKANI NAGPAL PROMOTER 1.47%
ADITYA TARACHAND MALKANI PROMOTER 0.91%
MICHELLE GULU MALKANI PROMOTER 0.58%
J B ADVANI AND COMPANY PVT LIMITED PROMOTER 50.01%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Ador Welding Ltd Stocks COMPARISON

Financials( in Cr) Ador Welding Ltd Cummins India Ltd Thermax Ltd Carborundum Universal Ltd Grindwell Norton Ltd
Price 1,389.50 3,713.85 5,143.60 1,652.50 2,374.40
% Change -0.34 -1.20 -0.41 -3.61 1.32
Mcap Cr 1,889.44 102,947.92 61,289.08 31,440.13 26,289.36
Revenue TTM Cr 776.76 7,772.09 8,089.81 4,654.28 2,012.76
Net Profit TTM Cr 59.29 1,228.15 450.70 441.70 295.08
PE TTM 29.90 67.25 103.91 68.08 68.33
1 Year Return 19.76 120.45 125.85 37.58 17.87
ROCE 26.06 26.89 14.53 20.69 27.49
ROE 19.59 22.53 12.25 17.04 20.97
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 323.51 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 36,628.54 -24,386.86
LAST 3M 102,786.44 -29,845.85
LAST 6M 169,824.52 52,410.32
LAST 12M 264,693.58 128,545.97

Ador Welding Ltd Information

Stock PE (TTM)
29.9
Promoter Holding
56.9%
Book Value
266.4559
ROCE
26.06%
ROE
19.59%
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.

Registered Address

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

Tel : 91-022-22842525/66239300
Email : vmbhide:adorians.com ; investorservices:adorians.c
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) : Aug
BSE Group : B
ISIN : INE045A01017

FAQ’s on Ador Welding Ltd Shares

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 May 24, 2024 03:58 PM the closing price of Ador Welding Ltd was Rs.1,389.50.

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 May 24, 2024 03:58 PM, the market cap of Ador Welding Ltd stood at Rs. 1,889.44.

The latest PE ratio of Ador Welding Ltd as of May 24, 2024 03:58 PM is 29.90

The latest PB ratio of Ador Welding Ltd as of May 24, 2024 03:58 PM is 0.19

The 52-week high of Ador Welding Ltd share price is Rs. 1,770.00 while the 52-week low is Rs. 1,022.00

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