Ador Welding Ltd (ADORWELD)

₹1403▲5.65%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Ador Welding Ltd share Performance

₹1403
₹1403.6
₹1403
Day's Volatility:0.04%
High
0.04%
₹1022
₹1770
₹1403
27.16%
Low
52 Weeks Volatility:53.31%
High
26.16%

Returns %
1 Month Return	4.91 %
3 Month Return	-2.53 %
1 Year Return	41.55 %

Market Stats
Previous Close	₹1,486.95
Open	₹1,403.00
Volume	49.85K
Upper Circuit	-
Lower Circuit	-
Market Cap	₹2,022.25Cr

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: ₹1403.00 per share as on 02 May, 2024 01:13 PM
Market Capitalisation: ₹2,022.25Cr 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

Organisation	Ador Welding Ltd
Headquarters	Mumbai
Industry	Capital Goods-Non Electrical Equipment
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Key events for Ador Welding Ltd

Ador Welding's Q4 Net Profit Declines 17.21% - 02 May, 2024
Ador Welding reported a decline of 17.21% in net profit for the quarter ended March 2024, while sales rose by 4.76%. However, for the full year, net profit increased by 6.58%, and sales rose by 13.78%.

Fundamentals of Ador Welding Ltd

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.

POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 9.98 Cr → 16.36 Cr (in ₹), with an average increase of 39.0% per quarter
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 159.91 Cr → 200.37 Cr (in ₹), with an average increase of 10.6% per quarter
POSITIVE IMPACT
Price Rise
In the last 7 days, ADORWELD stock has moved up by 2.5%
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ADORWELD has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 2.76% to 3.29% in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.90% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Thermax Ltd has given 102.6% return, outperforming this stock by 61.1%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 38.38% to 37.26% in Mar 2024 quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.29% to 0.10% in Mar 2024 quarter

Ador Welding Ltd Valuation

Ador Welding Ltd in the last 5 years

Overview
Trends

Lowest (-305.45x)

July 14, 2021

Today (40.49x)

April 30, 2024

Industry (87.79x)

April 30, 2024

Highest (117.11x)

February 22, 2021

LowHigh

Mutual Fund Holdings

Funds	Holdings
LIC MF Multi Cap Fund Direct Growth	0.56%
LIC MF Flexi Cap Fund Direct Plan Growth Option	0.35%
LIC MF Small Cap Fund Direct Growth	1.17%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth	3.13%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth	3.27%