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Ador Welding share price

Ador Welding Ltd.

NSE: ADORWELD BSE: 517041 SECTOR: Electrodes & Welding Equipment  92k   94   13

1470.00
+7.65 (0.52%)
BSE: 18 Apr 04:01 PM

Price Summary

Today's High

₹ 1472

Today's Low

₹ 1452.2

52 Week High

₹ 1770

52 Week Low

₹ 1004.95

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1998.97 Cr.

Enterprise Value

2007.94 Cr.

No. of Shares

1.36 Cr.

P/E

29.8

P/B

5.82

Face Value

₹ 10

Div. Yield

1.19 %

Book Value (TTM)

₹  252.64

CASH

6.89 Cr.

DEBT

15.86 Cr.

Promoter Holding

56.9 %

EPS (TTM)

₹  49.32

Sales Growth

17.43%

ROE

19.59 %

ROCE

26.66%

Profit Growth

31.7 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year17.43%
3 Year13.91%
5 Year11.16%

Profit Growth

1 Year31.7%
3 Year32.27%
5 Year26.15%

ROE%

1 Year19.59%
3 Year10.66%
5 Year10.27%

ROCE %

1 Year26.66%
3 Year15.83%
5 Year14.69%

Debt/Equity

0.049

Price to Cash Flow

146.23

Interest Cover Ratio

21.8184210526316

CFO/PAT (5 Yr. Avg.)

1.37555539882925

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 56.9 0
Sep 2023 56.9 0
Jun 2023 56.9 0
Mar 2023 56.9 0
Dec 2022 56.9 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 32.2718542224038% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 21.8184210526316.
  • Company’s PEG ratio is 0.940281915916615.
  • The company has an efficient Cash Conversion Cycle of 47.2003234798036 days.
  • Company has a healthy liquidity position with current ratio of 2.14587588927238.
  • The company has a good cash flow management; CFO/PAT stands at 1.37555539882925.
  • The company has a high promoter holding of 56.9%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 9.84305863256219.

 Limitations

  • The company has shown a poor revenue growth of 13.9080151025096% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 198.53 235.48 189.63 225.96 221.54
Total Expenditure 174.5 203.7 173.56 198.66 200.71
Operating Profit 24.03 31.78 16.07 27.3 20.83
Other Income 1.84 1.24 3.02 3.11 2.85
Interest 0.76 0.69 0.71 0.89 1.09
Depreciation 2.91 3.05 3.34 3.34 3.35
Exceptional Items -0.21 0.66 0 0 0
Profit Before Tax 21.99 29.94 15.04 26.18 19.24
Tax 5.63 7.39 3.8 6.6 5.54
Profit After Tax 16.36 22.55 11.24 19.58 13.7
Adjusted EPS (Rs) 12.03 16.58 8.26 14.4 10.07

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 512.15 525.56 447.28 661.48 776.76
Total Expenditure 467.62 483.85 425.64 601.03 688.11
Operating Profit 44.53 41.71 21.64 60.45 88.65
Other Income 10.42 9.08 7.31 5.48 6.67
Interest 10.57 10.04 8.16 5.8 3.8
Depreciation 9.6 10.68 11.1 10.9 11.61
Exceptional Items 0 0 -25.37 8.98 -0.8
Profit Before Tax 34.78 30.07 -15.68 58.21 79.11
Tax 10.93 4.45 -3.69 13.19 19.82
Net Profit 23.85 25.62 -11.99 45.02 59.29
Adjusted EPS (Rs.) 17.54 18.84 -8.82 33.1 43.6

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 13.6 13.6 13.6 13.6 13.6
Total Reserves 249.8 235.3 223.83 268.32 309.91
Borrowings 0 0 0 0.6 0.73
Other N/C liabilities 49.41 29.57 34.45 33.8 47.61
Current liabilities 155.6 180.32 146.97 122.41 141.97
Total Liabilities 468.41 458.79 418.85 438.73 513.82
Assets
Net Block 105.81 116.43 116.42 110.18 112.69
Capital WIP 1.02 0.28 3.27 7.06 1.51
Intangible WIP 0.05 0.05 0 0.04 0.41
Investments 12.4 11.63 2.13 0 2.69
Loans & Advances 63.71 53.05 63.59 58.06 74.05
Other N/C Assets 5.51 7.14 7.38 15.04 17.82
Current Assets 279.91 270.21 226.06 248.35 304.65
Total Assets 468.41 458.79 418.85 438.73 513.82
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 34.78 30.07 -15.68 58.21 79.11
Adjustment 17.46 23.63 50.69 4.34 17.64
Changes in Assets & Liabilities 20.9 -29.53 42.24 -21.8 -65.18
Tax Paid -10.13 -11.18 1.73 -14.36 -17.9
Operating Cash Flow 63.01 12.99 78.98 26.39 13.67
Investing Cash Flow -19.12 -21.41 -6.54 -5.45 -9.66
Financing Cash Flow -33.34 -13.23 -60.58 -31.37 -4.67
Net Cash Flow 10.55 -21.65 11.86 -10.43 -0.66

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 56.90 56.90 56.90 56.90 56.90
aditya tarachand malkani 0.91 0.91 0.91 0.91 0.91
ajit t mirchandani 0.47 0.47 0.47 0.47 0.47
aruna bhagwan advani 2.17 2.17 2.17 2.17 2.17
deep ashda lalvani 0.08 0.03 0.03 0.03 0.03
j b advani and company pv... 50.01 50.01 50.01 50.01 50.01
michelle gulu malkani 0.58 0.58 0.58 0.58 0.58
ninotchka malkani nagpal 1.45 1.47 1.47 1.47 1.47
pravena krishna mathur 0.01 0.01 0.01 0.01 0.01
priya darshini lambert 0.36 0.36 0.36 0.36 0.36
rajbir tarachand malkani 0.49 0.50 0.50 0.50 0.50
ravin mirchandani 0.06 0.06 0.06 0.06 0.06
reshma ashda lalvani 0.05 0.05 0.05 0.05 0.05
shirin aditya malkani 0.13 0.14 0.14 0.14 0.14
vimla ashda lalvani 0.14 0.14 0.14 0.14 0.14
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 43.10 43.10 43.10 43.10 43.10
ashish kacholia 4.38 4.38 4.38 4.38 4.38
clarus capital i - - - 1.37 1.67
girish gulati huf . 2.94 2.94 2.94 2.94 2.94
investor education and pr... - - - - 1.96
llp 0.10 0.10 0.14 0.23 0.23
nippon life india trustee... 2.49 2.49 2.49 2.49 2.49
investor education and pr... 1.87 1.87 1.87 1.87 -
sundaram mutual fund a/c ... 1.96 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Ador Welding - Quaterly Results1 Feb 2024, 6:25PM Ador Welding - Quaterly Results1 Feb 2024, 6:25PM Ador Welding - Quaterly Results1 Feb 2024, 6:25PM Ador Welding informs about loss of share certificate1 Feb 2024, 3:15PM Ador Welding informs about loss of share certificate22 Jan 2024, 4:33PM Ador Welding informs about closure of trading window27 Dec 2023, 12:50PM Ador Welding informs about loss of share certificate21 Dec 2023, 2:32PM Ador Welding informs about loss of share certificates21 Nov 2023, 3:18PM Ador Welding informs about loss of share certificate9 Nov 2023, 3:02PM Ador Welding informs about details of loss of certificate17 Oct 2023, 5:08PM Ador Welding submits board meeting intimation17 Oct 2023, 4:31PM Ador Welding informs about loss of share certificates16 Oct 2023, 1:06PM Ador Welding informs about loss of share certificates4 Sep 2023, 4:58PM Ador Welding informs about details of loss of certificate31 Aug 2023, 3:34PM Ador Welding - Quaterly Results2 Aug 2023, 5:20PM Ador Welding - Quaterly Results2 Aug 2023, 5:20PM Ador Welding informs about trading window closure28 Jun 2023, 4:13PM Ador Welding informs about loss of share certificate22 Jun 2023, 1:04PM Ador Welding informs about loss of share certificates13 Jun 2023, 1:42PM Ador Welding informs about loss of share certificate13 Jun 2023, 1:27PM Ador Welding - Quaterly Results30 May 2023, 6:48PM Ador Welding - Quaterly Results30 May 2023, 6:48PM Ador Welding informs about loss of share certificate16 May 2023, 2:13PM Ador Welding informs about details of loss of certificate4 May 2023, 4:59PM Ador Welding informs about loss of share certificates27 Feb 2023, 10:48AM Ador Welding informs about loss of share certificate 24 Feb 2023, 10:28AM Ador Welding informs about scheme of arrangement23 Feb 2023, 4:44PM Ador Welding - Quaterly Results3 Feb 2023, 7:06PM Ador Welding - Quaterly Results3 Feb 2023, 7:06PM Ador Welding - Quaterly Results3 Feb 2023, 7:06PM Ador Welding informs about loss of share certificate3 Feb 2023, 10:57AM Ador Welding informs about loss of share certificate27 Jan 2023, 3:15PM Ador Welding informs about details of loss of certificate 18 Jan 2023, 4:45PM Ador Welding informs about compliance certificate11 Jan 2023, 3:07PM Ador Welding informs about loss of original share certificate 27 Dec 2022, 12:41PM Ador Welding informs about loss of share certificate19 Dec 2022, 1:55PM Ador Welding informs about loss of original share certificates28 Nov 2022, 1:14PM Ador Welding informs about details of loss of certificate 15 Nov 2022, 5:17PM Ador Welding informs about details of loss of certificate 8 Nov 2022, 12:13PM Ador Welding - Quaterly Results4 Nov 2022, 6:19PM Ador Welding - Quaterly Results4 Nov 2022, 6:19PM Ador Welding informs about loss of share certificates21 Oct 2022, 3:39PM Ador Welding informs about loss of share certificates19 Oct 2022, 11:57AM Ador Welding informs about board meeting procedure18 Oct 2022, 5:21PM Ador Welding informs about details of loss of certificate 2 Sep 2022, 5:15PM Ador Welding - Quaterly Results11 Aug 2022, 5:30PM Ador Welding - Quaterly Results11 Aug 2022, 5:30PM Ador Welding - Quaterly Results11 Aug 2022, 5:30PM Ador Welding receives LoA worth Rs 145 crore 21 Jul 2022, 10:29AM Ador Welding informs about newspaper publication 5 Jul 2022, 5:08PM

Ador Welding Stock Price Analysis and Quick Research Report. Is Ador Welding an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Ador Welding has a PE ratio of 29.72626653177 which is high and comparatively overvalued .

  • Share Price: - The current share price of Ador Welding is Rs 1466.15. One can use valuation calculators of ticker to know if Ador Welding share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Ador Welding has ROA of 12.4486903574616 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Ador Welding has a Current ratio of 2.14587588927238 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Ador Welding has a ROE of 19.5860793155278 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Ador Welding has a D/E ratio of 0.049 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Ador Welding has an Inventory turnover ratio of 7.53477543893685 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Ador Welding has reported revenue growth of 17.4275866239342 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Ador Welding for the current financial year is 11.4127915958597 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ador Welding is Rs 17.5 and the yield is 1.1945 %.

Last Updated on:
Brief about Ador Welding
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