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Ador Welding Ltd (ADORWELD)

₹1392.40.92%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹1,379.65
    ₹1,407.7
  • 52 Week's Low

    52 Week's High

    ₹1,022
    ₹1,770
1 Month Return+ 4.05 %
3 Month Return-5.02 %
1 Year Return+ 11.66 %
Previous Close₹1,379.75
Open₹1,379.75
Volume9,986.00
Upper Circuit-
Lower Circuit-
Market Cap₹1,876.46Cr

Key Statistics

P/E Ratio37.57
PEG Ratio1.97
Market Cap₹1,876.46 Cr
P/B Ratio5.14
EPS33.21

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Nippon India Value Fund - Direct Plan - Growth OptionNippon India Value Fund - Direct Plan - Growth Option0.58%
Quant Manufacturing Fund Direct GrowthQuant Manufacturing Fund Direct Growth4.36%
Quant PSU Fund Direct GrowthQuant PSU Fund Direct Growth1.54%
LIC MF Multi Cap Fund Direct GrowthLIC MF Multi Cap Fund Direct Growth0.89%
LIC MF Flexi Cap Fund Direct Plan Growth OptionLIC MF Flexi Cap Fund Direct Plan Growth Option0.8%

Company Information

Ador Welding Ltd (formerly Advani Oerlikon Ltd) was founded in 1951 by J B Advani & Co and the OerlikonBuhrle group of Switzerland. It is renowned in India for its welding products, technologies and services, and Project Engineering Division (PED) for its Environmental Engineering products & Welding Automation Systems. The manufacturing plants at Bhandup, Chinchwad, Raipur, Chennai, Pimpri and Silvassa producing over 200 types of electrodes, fluxes, flux-cored wires have an installed capacity of 107800 TPA. It has two eminent Technology Development Centres at Bhandup and Chinchwad. Advisani Oerlikon has collaborations with two welding companies – Oerlikon Buhrle of Switzerland and La Soudure Autogene Francaise of France, and has certifications from highly-regarded inspection agencies. It has further expanded its reach with demat facilities, and provides products for steel, shipbuilding, defence and power, automobile, general fabrication and engineering industries. The Company also has solar power plants of capacity 518 KWP and 115 KWP at Raipur and Silvassa respectively since 2019. It has also launched King Series of Gas Cutting PPE and Welding Accessories, and new products in welding and cutting segments with Welding Application & Technical Centre (WATC) in 2012 and profile cutting CNC Machine in 2013.

Share Price: ₹1392.40 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,876.46Cr as of today
Revenue: ₹198.53Cr as on December 2022 (Q4 22)
Net Profit: ₹16.36Cr as on December 2022 (Q4 22)
Listing date: 05 Dec, 1994
Chairperson Name: N Malkani Nagpal
OrganisationAdor Welding Ltd
HeadquartersMumbai
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Ador Welding Ltd

  • Ador Welding MD Acquires 3.2% More Stock - 15 Jun, 2024

    Aditya Malkani, the Managing Director and Director of Ador Welding, recently purchased ₹5.0m worth of stock at ₹1,254 per share. This is the largest purchase made by an insider individual in the last year, indicating alignment between management and smaller shareholders.

  • Ashish Kacholia Sells Stake in Ador Welding to Quant Mutual Fund - 12 Jun, 2024

    Ace investor Ashish Kacholia sold a 2.85% stake in Ador Welding for Rs 48.7 crore via block deal; Quant Mutual Fund acquired the stake. The company's revenue surged by 5% from Q4FY23 to Q4FY24.

  • Ashish Kacholia sells 2.85% stake in Ador Welding - 11 Jun, 2024

    Investor Ashish Kacholia sold a 2.85% stake in Ador Welding at an average price of Rs 1255.01 per share, while Quant Mutual Fund bought a 3.2% stake for the same price. Ador Welding shares closed up by 14.46% at Rs 1,419.7 on the NSE.

  • Ador Welding Ltd Reports Strong Financial Performance in FY23-24 - 10 Jun, 2024

    Ador Welding Ltd's financial performance for FY23-24 was strong, with a 13% increase in revenues from operations and a 6.7% increase in net profits. The company's ROE stood at 17.4%, while the ROCE stood at 24.10%. Ace Investor Ashish Kacholia holds a 4.17% stake in the company.

Insights on Ador Welding Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 159.91 Cr → 200.37 Cr (in ₹), with an average increase of 10.6% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.29% to 6.99% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 9.98 Cr → 16.36 Cr (in ₹), with an average increase of 39.0% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 56.90% to 56.94% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 103.2% return, outperforming this stock by 91.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Thermax Ltd has given 250.0% return, outperforming this stock by 162.8%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ADORWELD stock has moved down by -3.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 37.26% to 32.79% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.10% to 0.05% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'4 22Q/Q Change
Revenue
₹198.53Cr
↑7.39%
Net Income
₹16.36Cr
↑63.93%
Net Profit Margin
8.24%
↑52.59%
2022Y/Y Change
Revenue
₹661.48Cr
↑47.76%
Net Income
₹45.16Cr
↓535.07%
Net Profit Margin
6.83%
↓394.40%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹528.71Cr
↑15.19%
Total Liabilities
₹166.33Cr
↑22.79%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹34.50Cr
↑152.38%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.94%
0.06
Foreign Institutions
0.05%
-44.76
Mutual Funds
6.99%
112.68
Retail Investors
32.79%
-11.99
Others
3.22%
31.40

Key Indicators

Ador Welding Ltd Valuation

Ador Welding Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-305.45x)

July 14, 2021

Today (37.57x)

July 23, 2024

Industry (86.96x)

July 23, 2024

Highest (117.11x)

February 22, 2021

LowHigh

Earnings and Dividends

  • Ador Welding Ltd Earnings Results

    Ador Welding Ltd’s net profit jumped 54.63% since last year same period to ₹16.36Cr in the Q3 2022-2023. On a quarterly growth basis, Ador Welding Ltd has generated 63.93% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Ador Welding Ltd Dividends April,2024

    In the quarter ending March 2024, Ador Welding Ltd has declared dividend of ₹18.50 - translating a dividend yield of 2.61%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Ador Welding Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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Ador Welding Ltd (ADORWELD) share price today is ₹1392.4

Ador Welding Ltd is listed on NSE

Ador Welding Ltd is listed on BSE

  • Today’s highest price of Ador Welding Ltd is ₹1407.7.
  • Today’s lowest price of Ador Welding Ltd is ₹1379.65.

PE Ratio of Ador Welding Ltd is 37.57

PE ratio = Ador Welding Ltd Market price per share / Ador Welding Ltd Earnings per share

Today’s traded volume of Ador Welding Ltd(ADORWELD) is 9,986.00.

Today’s market capitalisation of Ador Welding Ltd(ADORWELD) is ₹1876.46Cr.

Ador Welding Ltd(ADORWELDPrice
52 Week High
₹1770
52 Week Low
₹1022

Ador Welding Ltd(ADORWELD) share price is ₹1392.4. It is down -21.33% from its 52 Week High price of ₹1770

Ador Welding Ltd(ADORWELD) share price is ₹1392.4. It is up 36.24% from its 52 Week Low price of ₹1022

Ador Welding Ltd(ADORWELDReturns
1 Day Returns
12.65%
1 Month Returns
4.05%
3 Month Returns
-5.02%
1 Year Returns
11.66%