ADOR WELDING LTD is a Industrial Products company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
| ₹ crore · consolidated | FY20 | FY21 | FY22 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 527 | 448 | 661 | 1,123 | 1,140 |
| EBITDA (ex other income) | 43 | (4) | 67 | 91 | 119 |
| margin % | 8.2 | (0.9) | 10.2 | 8.1 | 10.4 |
| Owners' profit | 0 | 0 | 0 | 60 | 82 |
| EPS, as reported (₹) | 21.15 | (7.63) | 33.21 | 34.51 | 47.11 |
| ROE % · ROCE % | 10.8 · 15.2 | (4.4) · (3.2) | 16.0 · 21.4 | 11.8 · 17.5 | 14.8 · 20.3 |
| Debt / equity (x) | 0.31 | 0.12 | 0.00 | 0.00 | 0.00 |
| Cash from operations | — | 79 | 26 | 137 | 116 |
| Capex | — | (9) | (17) | (41) | (22) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 269 | 274 | 310 | 252 | 281 | 288 | 319 | 309 |
| Profit before tax | 9 | 21 | 29 | (5) | 34 | 36 | 50 | 37 |
| Net profit | 7 | 15 | 18 | (4) | 25 | 27 | 34 | 28 |
| EPS (₹) | 4.92 | 8.86 | 10.40 | (2.27) | 14.37 | 15.35 | 19.65 | 15.86 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Welding | 1,079 | 95.0 |
| Flares and Process equipment | 12 | 1.1 |
| Flares & Process Equipment | 44 | 3.9 |
| Total, before eliminations | 1,136 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INOX INDIA LIMITED | 20,354 | 79.9 | 18.21 | 53.0 | 23.1 | 30.0 | — | 23.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Aug 2026 · Ador Welding schedules analysts and investors meet on 2 September 2026 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Ador Welding files general update with exchange | business updates | low | — | — |
| 13 Aug 2026 · Ador Welding reshuffles senior management: new Head-HR appointed | management changes | medium | — | — |
| 7 Aug 2026 · Newspaper notice on SEBI special window for physical share transfer | compliance | minimal | — | — |
| 30 Jul 2026 · ADOR WELDING: CFO Suryakant Sethia resigns, Krishnamurthy Suryanarayan appointed | management changes | high | — | — |
| 30 Jul 2026 · CFO Change at Ador Welding: Sethia Resigns, Suryanarayan Takes Over | management changes | high | — | — |
| 24 Jul 2026 · AGM 2026: All 8 resolutions passed; dividend declared | board shareholder meetings | medium | — | — |
| 23 Jul 2026 · Ador Welding 73rd AGM; Rs.23 dividend recommended | board shareholder meetings | low | — | — |
| 23 Jul 2026 · 73rd AGM concludes; board recommends highest-ever Rs 23 dividend | board shareholder meetings | low | — | — |
| 23 Jul 2026 · Ador Welding resubmits Q1 FY27 results newspaper ad after typo correction | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| HBL ENGINEERING LTD |
| 19,890 |
| 21.5 |
| 8.99 |
| 17.0 |
| 36.8 |
| 45.3 |
| 29.4 |
| 26.2 |
| ESAB INDIA LTD | 9,101 | 41.0 | 21.20 | — | 48.1 | 60.4 | — | 19.2 |
| SUBROS LIMITED | 4,581 | 27.5 | 3.68 | 13.0 | 13.3 | 16.0 | 15.9 | 8.4 |
| W P I L LTD. | 4,268 | 27.0 | 2.17 | 12.1 | 10.2 | 13.1 | 13.3 | 17.7 |
| HARSHA ENGINEERS INT LTD | 4,060 | 26.3 | 2.90 | 15.8 | 11.1 | 13.2 | — | 15.9 |
| ADOR WELDING LTD ◆ | 2,802 | 24.7 | 5.05 | 20.2 | 14.8 | 19.9 | 20.6 | 13.8 |
| DIFFUSION ENGINEERS LTD | 1,686 | 30.7 | 4.16 | 22.6 | 12.4 | 15.2 | — | 16.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 24.7 | 17.3 | 19 of 29 | 36% |
| P/B | 5.0 | 2.5 | 18 of 24 | 26% |
| ROCE | 19.9 | 12.3 | 6 of 31 | 83% |
| ROE | 14.8 | 10.3 | 6 of 24 | 78% |
| Debt / Equity | 0.0 | 0.2 | 3 of 24 | 91% |
| EBITDA margin | 13.8 | 10.8 | 10 of 23 | 59% |
| Revenue growth | 22.9 | (5.5) | 6 of 23 | 77% |
| Profit growth | 798.7 | (5.0) | 1 of 23 | 100% |
| Market cap | 2802 | 108 | 7 of 31 | 80% |
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.