ADOR · NSE
Ador Welding Limited
₹1,592.1
+1.78% (+₹27.8)
Prev. close
₹1,564.3
Volume
19,186
Delivery %
56.7%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Ador Welding Limited
Ador Welding Limited manufactures and supplies welding equipment, consumables, and automation solutions in India and internationally. The company operates in two segments, Welding, and Flares & Process Equipment. It provides welding electrodes, including C-Mn steel, low alloy and stainless steel, cellulosic, hardfacing, gouging and cutting, cast iron, and nickel and nickel alloys; and wires and fluxes comprising submerged, metal-cored, gas metal, gas tungsten, and flux cored Arc welding products; and bare and coated brazing rods, and brazing fluxes. The company also offers welding equipment, such as MMA, TIG, MIG, advanced multipurpose synergic, submerged Arc welding, and air plasma cutting equipment, as well as TIG add-on units; safety welding products; and gas cutting products, and CNC cutting and hypertherm plasma cutting machines. In addition, it engages in the design, manufacture, erection, commissioning, mechanical, electrical, and instrumentation of process packages, process equipment, and flare system and components, as well as undertaking various EPC contracts. Further, the company provides welding and cutting automation products, such as robotic systems, columns, booms, positioners, rotators, and special purpose machines; and skill development services. It serves manufacturing and fabrication, infrastructure and construction, oil and gas, shipbuilding and marine, automotive and transportation, railways and heavy engineering, and defense and aerospace sectors, as well as power generation sectors, including thermal, hydro, and renewable energy. The company was formerly known as Advani-Oerlikon Limited and changed its name to Ador Welding Limited in September 2003. The company was incorporated in 1951 and is headquartered in Mumbai, India.
Details
Sector
Industrials
Industry
Specialty Industrial Machinery
CEO
Mr. Aditya Tarachand Malkani B.A., M.B.A.
Headquarters
Mumbai
Employees
839
Website
adorwelding.comExchange
View on NSE ↗Key stats
Market cap
₹2,770.70 Cr
P/E ratio (TTM)
24.4
Dividend yield
1.47%
EPS (TTM)
₹65.13
Beta (1Y · daily vs NIFTY 50)
1.22
Beta (5Y · monthly vs NIFTY 50)
1.25
Shares float
62.05 L
EPS · quarter ended Jun 2026
₹15.82
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: Yahoo (no NSE corporate-actions ledger for this listing).
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹447.68 Cr | ₹661.48 Cr | ₹771.15 Cr | ₹1,067.85 Cr | ₹1,122.68 Cr | ₹1,140.01 Cr | |
| EBITDA | ₹3.52 Cr | ₹72.83 Cr | ₹93.08 Cr | ₹137.01 Cr | ₹109.34 Cr | ₹136.67 Cr |
| ₹-10.38 Cr | ₹45.16 Cr | ₹59.29 Cr | ₹86.46 Cr | ₹60.05 Cr | ₹81.98 Cr | |
| Diluted EPS | ₹-7.63 | ₹33.21 | ₹43.6 | ₹49.69 | ₹34.51 | ₹47.06 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹375.00 Cr | ₹392.65 Cr | ₹451.68 Cr | ₹681.00 Cr | ₹694.00 Cr | ₹832.00 Cr | |
| ₹30.25 Cr | ₹2.21 Cr | ₹17.28 Cr | ₹44.69 Cr | ₹2.41 Cr | ₹2.95 Cr | |
| Stockholders' equity | ₹238.00 Cr | ₹281.92 Cr | ₹323.53 Cr | ₹473.00 Cr | ₹507.00 Cr | ₹554.00 Cr |
CWIP, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹79.02 Cr | ₹26.39 Cr | ₹13.67 Cr | ₹58.00 Cr | ₹137.00 Cr | ₹116.00 Cr | |
| Investing cash flow | ₹-6.57 Cr | ₹-5.45 Cr | ₹-9.66 Cr | ₹-43.60 Cr | ₹-17.37 Cr | ₹-65.94 Cr |
| ₹-60.59 Cr | ₹-31.37 Cr | ₹-4.67 Cr | ₹-19.00 Cr | ₹-94.00 Cr | ₹-38.00 Cr | |
| Capital expenditure | ₹-9.10 Cr | ₹-17.33 Cr | ₹-14.75 Cr | ₹-43.33 Cr | ₹-41.27 Cr | ₹-22.17 Cr |
| End cash position | ₹17.04 Cr | ₹6.61 Cr | ₹5.95 Cr | ₹4.04 Cr | ₹30.28 Cr | ₹42.31 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Mar 24(11Q) | Jun 24–Sep 24(2Q) | Oct 24 | Dec 24 | Mar 25–Jun 25(2Q) | Sep 25 | Dec 25 | Mar 26–Jun 26(2Q) |
|---|---|---|---|---|---|---|---|---|
| Promoter | 56.90% | 56.94% | 53.18% | 53.24% | 53.70% | 53.72% | 53.73% | 53.76% |
| Public | 43.10% | 43.06% | 46.82% | 46.76% | 46.30% | 46.28% | 46.27% | 46.24% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Ador Welding Limited | ₹2,722.32 Cr | ₹1,564.3 | 24.0 | 4.91 | 14.8% | 0.01 | +1.3% | +56.0% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 29
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
2 indices
Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
ADOR WELDING Share Price Today Up 6%
Ador Welding's share price increased by 6% to Rs 1,728.0, while the BSE CAPITAL GOODS index declined by 1.4%. The company reported a 798.7% year-on-year net profit growth to Rs 276 million for the quarter ended June 2026. Net sales also rose by 22.9% during the same period.
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