Ador Welding Ltd

Ador Welding Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ador Welding Ltd

₹ 1,131 -1.97%
21 Nov - close price
adorwelding.com BSE: 517041 NSE: ADORWELD
About

Ador Welding Ltd is a leading player in the field of Welding Products, Technologies and Services. It is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals and other sectors.[1]

Key Points

Business Segments

Website BSE NSE
  • Market Cap ₹ 1,538 Cr.
  • Current Price ₹ 1,131
  • High / Low ₹ 1,770 / 1,107
  • Stock P/E 20.5
  • Book Value ₹ 351
  • Dividend Yield 1.64 %
  • ROCE 24.2 %
  • ROE 18.3 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 21.3% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 39.2%

Cons

  • Promoter holding has decreased over last quarter: -3.76%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Capital Goods-Non Electrical Equipment Industry: Electrodes - Welding Equipment

Part of BSE Allcap BSE Industrials BSE SmallCap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
160 174 200 158 185 199 235 190 276 222 247 268 268
146 158 182 142 170 174 204 174 239 201 221 240 247
Operating Profit 13 16 18 16 15 24 32 16 36 21 26 28 21
OPM % 8% 9% 9% 10% 8% 12% 14% 8% 13% 9% 10% 10% 8%
8 1 3 1 2 2 2 3 4 3 4 6 -36
Interest 1 1 1 0 0 1 1 1 1 1 1 1 1
Depreciation 3 3 3 3 3 3 3 3 4 3 3 4 4
Profit before tax 18 14 17 14 13 22 30 15 36 19 25 28 -21
Tax % 17% 25% 23% 25% 25% 26% 25% 25% 25% 29% 26% 25% -25%
15 11 13 10 10 16 23 11 27 14 19 21 -16
EPS in Rs 10.77 7.79 9.71 7.66 7.34 12.03 16.58 8.27 19.62 10.07 13.73 15.27 -11.83
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
364 368 387 407 441 458 512 526 447 661 777 884 1,004
328 331 358 365 410 423 468 484 425 601 688 793 909
Operating Profit 36 37 28 42 31 35 45 42 22 61 89 91 95
OPM % 10% 10% 7% 10% 7% 8% 9% 8% 5% 9% 11% 10% 9%
4 -10 34 3 9 10 10 9 -19 14 6 13 -24
Interest 1 1 1 2 2 6 11 10 8 6 4 5 5
Depreciation 12 12 12 12 11 10 10 11 11 11 12 13 15
Profit before tax 27 14 48 32 27 28 35 30 -16 58 79 86 51
Tax % 28% 69% 33% 29% 33% 34% 31% 15% -24% 23% 25% 26%
19 4 32 23 18 19 24 26 -12 45 59 63 37
EPS in Rs 14.03 3.11 23.80 16.66 13.32 13.65 17.54 18.84 -8.82 33.11 43.60 46.47 27.24
Dividend Payout % 43% 161% 21% 30% 38% 37% 37% 34% 0% 38% 40% 40%
Compounded Sales Growth
10 Years: 9%
5 Years: 12%
3 Years: 25%
TTM: 12%
Compounded Profit Growth
10 Years: 22%
5 Years: 21%
3 Years: 60%
TTM: -2%
Stock Price CAGR
10 Years: 17%
5 Years: 30%
3 Years: 18%
1 Year: -26%
Return on Equity
10 Years: 12%
5 Years: 14%
3 Years: 18%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 14 14 14 14 14 14 14 14 14 14 14 14 14
Reserves 171 167 190 205 224 234 250 235 224 268 310 349 463
2 1 0 0 35 81 65 82 29 2 17 44 40
69 92 82 118 107 102 103 108 108 109 111 114 171
Total Liabilities 255 274 286 337 380 430 431 439 375 393 452 521 687
81 75 96 99 101 102 115 125 116 117 123 128 175
CWIP 0 2 2 1 4 1 1 0 3 7 2 25 23
Investments 33 14 7 12 14 6 7 6 12 20 20 23 30
141 184 182 224 261 322 308 308 244 248 306 344 460
Total Assets 255 274 286 337 380 430 431 439 375 393 452 521 687

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17 30 1 22 0 -37 63 13 79 26 14 34
-9 -1 -8 -4 -11 0 -19 -21 -7 -5 -10 -37
-10 -11 -9 -9 19 33 -33 -13 -61 -31 -5 -2
Net Cash Flow -2 18 -17 10 7 -4 11 -22 12 -10 -1 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73 77 79 107 63 73 60 90 86 51 59 62
Inventory Days 67 74 59 58 56 60 52 62 70 70 81 75
Days Payable 62 78 56 106 85 84 67 72 87 60 51 43
Cash Conversion Cycle 78 74 81 60 34 50 45 80 69 61 89 94
Working Capital Days 56 47 61 68 93 146 113 113 65 55 73 80
ROCE % 14% 15% 11% 17% 12% 11% 14% 12% 6% 20% 27% 24%

Shareholding Pattern

Numbers in percentages

4 Recently
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Oct 2024
56.90% 56.90% 56.90% 56.90% 56.90% 56.90% 56.90% 56.90% 56.90% 56.94% 56.94% 53.18%
0.22% 0.20% 0.31% 0.23% 0.32% 0.22% 0.13% 0.30% 0.10% 0.06% 0.05% 0.07%
6.72% 6.70% 4.80% 4.44% 2.99% 2.79% 4.02% 4.43% 5.74% 10.21% 12.00% 9.39%
36.16% 36.19% 37.99% 38.42% 39.78% 40.08% 38.96% 38.38% 37.25% 32.78% 31.02% 37.36%
No. of Shareholders 14,54914,72717,44318,22819,30623,20928,05930,27432,57529,28330,66543,111

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

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