AD
Ador Welding Ltd (ADOR)
₹1,570.40
Mkt cap
₹2,771 Cr
P/E ratio
23.10
P/B
4.85
Div yield
1.44%
ROE
16.40%
ROCE
22.70%
EPS (TTM)
₹67.98
Book value
₹324
52W range
848–1,766
Sector
Industrials
Price history
Previous close
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]
NSE ADORBSE 517041
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−11.10% from high₹1,570
₹848+85.19% from low₹1,766
Current
₹1,570.40
Prev close
₹1,591.80
Day
−1.34%
Price performance
1D
−1.50%
1W
−2.78%
1M
−7.81%
3M
+18.99%
6M
+78.59%
1Y
+55.50%
YTD
+51.33%
Financials
Revenue, profit & margin
P/E ratio
23.1×
ADOR is 13% below the sector median of 26.7×
ADOR23.1×
Sector median26.7×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 190 | 276 | 260 | 296 | 268 | 268 | 273 | 308 | 251 | 280 | 287 | 318 | 309 | |
| Expenses | 174 | 239 | 232 | 263 | 240 | 247 | 249 | 277 | 255 | 245 | 243 | 271 | 273 | |
| Operating Profit | 16 | 36 | 28 | 33 | 28 | 21 | 24 | 31 | -4 | 35 | 44 | 47 | 35 | |
| OPM % | 8% | 13% | 11% | 11% | 10% | 8% | 9% | 10% | -1.8% | 12% | 15% | 15% | 11% | |
| Other Income | 3 | 4 | 5 | 7 | 6 | -36 | 4 | 4 | 5 | 5 | -2 | 3 | 7 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | |
| Depreciation | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |
| Profit before tax | 15 | 36 | 28 | 34 | 28 | -21 | 23 | 30 | -5 | 34 | 36 | 45 | 37 | |
| Tax % | 25% | 25% | 28% | 26% | 25% | -25% | 26% | 26% | -24% | 25% | 26% | 26% | 25% | |
| Net Profit | 11 | 27 | 20 | 25 | 21 | -16 | 17 | 22 | -3 | 26 | 27 | 34 | 27 | |
| EPS in Rs | 8.27 | 19.62 | 14.68 | 18.72 | 15.27 | -11.83 | 9.66 | 12.64 | -1.99 | 14.72 | 15.57 | 19.27 | 15.72 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202653.76%Promoter
Promoters53.76%
FIIs1.05%0.68
DIIs10.47%2.16
Public34.72%1.46
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| HBL Engineering | ₹760.00 | 26.28 | 21,067 | 0.39% | 109 | −25.07% | 638 | +6.03% | 59.30% |
| Inox India | ₹2,098.80 | 74.08 | 19,049 | 0.10% | 58 | −4.99% | 371 | +9.18% | 33.48% |
| KRN Heat Exchan | ₹1,446.20 | 97.65 | 9,467 | 0.00% | 33 | +164.90% | 252 | +118.88% | 16.06% |
| Esab India | ₹5,627.50 | 41.85 | 8,662 | 1.33% | 56 | +37.13% | 421 | +19.63% | 64.68% |
| Subros | ₹720.30 | 27.34 | 4,699 | 0.42% | 42 | +1.69% | 1,032 | +17.52% | 19.16% |
| Harsha Engg Intl | ₹440.45 | 25.93 | 4,010 | 0.34% | 37 | −1.45% | 457 | +25.22% | 13.00% |
| Ador Welding | ₹1,592.10 | 23.14 | 2,771 | 1.44% | 27 | +890.46% | 309 | +23.19% | 22.71% |
| Median: 34 Co. | ₹342.52 | 26.69 | 497 | 0.00% | 6 | +6.90% | 70 | +15.04% | 16.17% |
Filings
Annual reports15
Concall transcripts46
PPTJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptMay 2025PPTMay 2025PPTMay 2025PPTMay 2025RECMay 2025TranscriptNov 2024PPTNov 2024TranscriptMay 2024PPTMay 2024TranscriptNov 2023PPTNov 2023TranscriptJun 2023PPTJun 2023RECJun 2023TranscriptFeb 2023PPTFeb 2023RECFeb 2023
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Aug - Ador Welding schedules analyst/investor group meetings on 2 September 2026 in Mumbai.Intimation To The Holders Of Physical Shares To Furnish KYC Details 27 Aug - Reminder to update KYC details and convert physical shares to demat.Announcement under Regulation 30 (LODR)-Change in Management 13 Aug - Vinayak M. Bhide redesignated Chief Compliance Officer and Company Secretary; Pradnya Nitin Iyer appointed Head-HR, effective 13 August 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 7 AugAnnouncement under Regulation 30 (LODR)-Change in Management 30 Jul - Surya Kant Sethia resigns as CFO effective 14 Aug 2026; Krishnamurthy Suryanarayan appointed CFO15 Aug 2026.