ADOR
Ador Welding Limited (ADOR) Stock Analysis
Ador Welding Limited is a leading Indian manufacturer of welding equipment, consumables, and cutting solutions. It serves automotive, shipbuilding, infrastructure, and fabrication industries with electrodes, wires, and automation. The company also provides welding training and industrial services. It is a well-established listed engineering company in India.
Industrials › Specialty Industrial Machinery
₹1,479.60
-5.78% 1W | +53.50% 52W
Market Cap
2.6k CR
P/E Ratio
22.7
52W High
₹1766.4
52W Low
₹848
Div. Yield
1.55%
Beta
0.6
50 DMA
₹1575.7
200 DMA
₹1212.3
Profit Margin
9.5%
Inst. Own.
10.4%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Dec 2022 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 199 | 277 | 261 | 297 | 269 | 269 | 274 | 310 | 252 | 281 | 288 | 319 | 309 |
| Expenses | 174 | 242 | 235 | 265 | 242 | 249 | 251 | 279 | 256 | 246 | 244 | 272 | 274 |
| Operating Profit | 24 | 36 | 27 | 32 | 27 | 20 | 23 | 31 | -4 | 35 | 44 | 47 | 36 |
| OPM % | 12% | 13% | 10% | 11% | 10% | 7% | 8% | 10% | -1.8% | 12% | 15% | 15% | 12% |
| Other Income | 2 | 4 | 5 | 7 | 5 | -5 | 4 | 4 | 5 | 4 | -2 | 9 | 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 | 22 | 35 | 26 | 34 | 27 | 9 | 21 | 29 | -5 | 34 | 36 | 50 | 37 |
| Tax % | 26% | 26% | 29% | 24% | 26% | 28% | 28% | 38% | -22% | 26% | 26% | 32% | 25% |
| Net Profit | 16 | 26 | 19 | 25 | 20 | 7 | 15 | 18 | -4 | 25 | 27 | 34 | 28 |
| EPS in Rs | 12.03 | 19.08 | 13.76 | 18.66 | 14.60 | 4.93 | 8.85 | 10.39 | -2.27 | 14.37 | 15.35 | 19.65 | 15.86 |
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 371 | 388 | 408 | 442 | 458 | 513 | 526 | 448 | 661 | 1,074 | 1,123 | 1,140 | 1,198 |
| Expenses | 344 | 360 | 366 | 411 | 423 | 468 | 484 | 425 | 601 | 955 | 1,019 | 1,017 | 1,036 |
| Operating Profit | 27 | 28 | 42 | 31 | 35 | 46 | 42 | 22 | 61 | 119 | 104 | 123 | 161 |
| OPM % | 7% | 7% | 10% | 7% | 8% | 9% | 8% | 5% | 9% | 11% | 9% | 11% | 13% |
| Other Income | -8 | 34 | 3 | 9 | 10 | 10 | 9 | -17 | 14 | 19 | 7 | 15 | 17 |
| Interest | 2 | 1 | 2 | 2 | 6 | 11 | 10 | 8 | 6 | 6 | 6 | 4 | 2 |
| Depreciation | 12 | 13 | 12 | 11 | 10 | 10 | 11 | 11 | 11 | 16 | 18 | 19 | 20 |
| Profit before tax | 4 | 48 | 32 | 27 | 28 | 36 | 31 | -14 | 58 | 117 | 87 | 115 | 157 |
| Tax % | 216% | 33% | 29% | 34% | 34% | 31% | 14% | -26% | 22% | 26% | 31% | 29% | |
| Net Profit | -5 | 32 | 22 | 18 | 18 | 25 | 26 | -10 | 45 | 86 | 60 | 82 | 114 |
| EPS in Rs | -3.76 | 23.43 | 16.47 | 13.13 | 13.54 | 18.05 | 19.21 | -7.63 | 33.21 | 63.58 | 34.51 | 47.11 | 65.23 |
| Dividend Payout % | -133% | 21% | 30% | 38% | 37% | 36% | 34% | 0% | 38% | 39% | 58% | 49% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | – | 21.0% | 11.0% |
| Profit CAGR | – | 40.0% | 13.0% |
Shareholding Pattern
Promoters53.71%
FIIs0.07%
DIIs11.85%
Public34.37%
Promoters53.73%
FIIs0.09%
DIIs12.44%
Public33.76%
Promoters53.74%
FIIs0.14%
DIIs12.56%
Public33.57%
Promoters53.76%
FIIs0.37%
DIIs12.63%
Public33.26%
Promoters53.76%
FIIs1.05%
DIIs10.47%
Public34.72%
Promoters56.90%
FIIs0.32%
DIIs2.99%
Public39.78%
Promoters56.90%
FIIs0.10%
DIIs5.74%
Public37.25%
Promoters53.71%
FIIs0.03%
DIIs11.00%
Public35.27%
Promoters53.76%
FIIs0.37%
DIIs12.63%
Public33.26%
Promoters53.76%
FIIs1.05%
DIIs10.47%
Public34.72%
ADOR
Holdings Analysis
Key strengths & risk signals
71
Overall
63
Fundamental
79
Technical
Risks (3)
TOO MUCH PUBLIC HOLDING! 40.08% public ownership - higher volatility risk.
RECOVERY MODE! Current price (1479.6) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - -5.8% (1 week), -9.1% (1 month), 11.7% (3 months).
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (1575.7) is above 200-day average (1212.3) - positive signal.
EXCELLENT YEAR! Stock gained 53.5% in the last year.
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 56,742 vs down days: 31,658. Ratio: 1.79x
Fundamental & Technical Analysis
71Overall
63Fundamental
79Technical
Fundamental Breakdown
Growth Quality
22/30
Revenue CAGR: 13.7% (GOOD, 11/15). Profit CAGR: 11.4% (GOOD, 11/15).
Profit Margin
3/10
LOW MARGIN! 9.5% profit margin - thin profits.
PEG Valuation
8/10
FAIRLY VALUED! PEG of 1.99 indicates reasonable valuation.
Dividend Yield
5/10
LOW DIVIDEND! 1.55% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 40.08% public ownership - higher volatility risk.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (1575.7) is above 200-day average (1212.3) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (1479.6) above 200-day but below 50-day.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 53.5% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 56,742 vs down days: 31,658. Ratio: 1.79x
RSI
4/5
APPROACHING OVERSOLD! RSI at 37.7 - watch for reversal.
52W Range
4/5
UPPER HALF! Trading at 68.8% of 52W range - positive territory.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -5.8% (1 week), -9.1% (1 month), 11.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
ADOR
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-04 | Concall PDF | |
| Q1FY262025-10-17 | Concall PDF |
Peer Comparison
Industrials · Specialty Industrial Machinery · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADOR | ₹1,479.60 | 22.7 | 9.5% | 13.7% | 11.4% | +53.5% | 71 | BREAKDOWN | -790.0% | -19.3% | +22.9% | -3.0% |
| SGLTL | ₹137.30 | 38.5 | 10.7% | 36.6% | 36.8% | -27.4% | 65 | BREAKOUT | +28.0% | -5.0% | +36.8% | +4.8% |
| JNKINDIA | ₹424.40 | 31.3 | 8.4% | 26.2% | 11.9% | +42.1% | 72 | APPROACHING SUPPORT | +772.7% | -70.9% | +81.6% | -46.8% |
| PIXTRANS | ₹1,753.30 | 18.1 | 21.6% | 6.0% | 18.1% | +23.5% | 72 | HIT RESISTANCE | +88.9% | +160.9% | +22.8% | -12.6% |
| HLEGLAS | ₹423.70 | 81.2 | 2.6% | 13.2% | -10.9% | -10.9% | 59 | CONSOLIDATING DOWN | -82.9% | -84.6% | +6.0% | -23.2% |
| PENIND | ₹171.50 | 16.3 | 3.9% | 17.8% | 22.5% | -25.2% | 66 | CONSOLIDATING UP | +10.6% | -13.7% | +2.9% | -5.9% |
| THEJO | ₹2,025.50 | 39.2 | 8.3% | 10.0% | 15.0% | +13.6% | 54 | BREAKDOWN | +72.3% | +2.5% | +31.0% | -2.0% |
| ANUP | ₹1,488.20 | 35.3 | 11.0% | 27.1% | 29.0% | -37.5% | 64 | BREAKOUT | -97.7% | -97.7% | -28.5% | -39.8% |
Data from TradeAlone · Updated daily
No news tagged for ADOR yet.
