Ador Welding FY26 PAT nearly doubles to Rs. 83cr; 230% dividend declared
ADOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ador Welding reported FY26 standalone revenue of Rs. 1,13,545 lakhs (up ~1.7% YoY) with PAT surging ~90% to Rs. 8,280 lakhs from Rs. 4,346 lakhs last year. EPS rose to Rs. 47.58 vs Rs. 24.98. Board recommended Rs. 23 (230%) dividend per share. Flares & Process Equipment segment continued to struggle with project delays and onerous cost provisions of Rs. 2,482 lakhs, partly offset by Rs. 1,412 lakhs impairment reversal on recovered trade receivables. Exceptional items totaled Rs. 831 lakhs standalone, including new Labour Codes impact and subsidiary impairment. BSR & Co. LLP issued unmodified audit opinion. Mr. Aditya Malkani re-appointed as MD for 3 years. AGM set for 23 July 2026.
Strong PAT growth and generous dividend reward shareholders, but weak Flares segment and flat top-line growth may limit upside.