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Ador Welding share price

Ador Welding Ltd.

NSE: ADORWELD BSE: 517041 SECTOR: Electrodes & Welding Equipment  107k   108   15

1128.55
-20.35 (-1.77%)
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 1150.15

Today's Low

₹ 1118

52 Week High

₹ 1770

52 Week Low

₹ 1107.85

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
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

1963.99 Cr.

Enterprise Value

2003.76 Cr.

No. of Shares

1.74 Cr.

P/E

62.51

P/B

4.09

Face Value

₹ 10

Div. Yield

1.64 %

Book Value (TTM)

₹  276.16

CASH

2.74 Cr.

DEBT

42.51 Cr.

Promoter Holding

56.94 %

EPS (TTM)

₹  18.05

Sales Growth

13.78%

ROE

18.43 %

ROCE

24.43%

Profit Growth

6.58 %

* 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 Year13.78%
3 Year25.49%
5 Year11.53%

Profit Growth

1 Year6.58%
3 Year93.72%
5 Year21.52%

ROE%

1 Year18.43%
3 Year18.45%
5 Year12.08%

ROCE %

1 Year24.43%
3 Year24.82%
5 Year16.82%

Debt/Equity

0.1173

Price to Cash Flow

56.93

Interest Cover Ratio

16.9608

CFO/PAT (5 Yr. Avg.)

0.919394909733341

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 56.94 0.00
Jun 2024 56.94 0.00
Mar 2024 56.90 0.00
Dec 2023 56.90 0.00
Sep 2023 56.90 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 25.4860456436649% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 24.8166783448595% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 16.9608.
  • The company has an efficient Cash Conversion Cycle of 62.1184 days.
  • Company has a healthy liquidity position with current ratio of 2.163.
  • The company has a high promoter holding of 56.94%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 7.41886243309482.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 275.56 221.54 246.7 229.76 267.76
Total Expenditure 239.49 200.71 220.98 208.51 247.15
Operating Profit 36.07 20.83 25.72 21.25 20.61
Other Income 4.26 2.85 4.09 4.09 5.48
Interest 0.89 1.09 1.33 1.22 1.36
Depreciation 3.81 3.35 3.39 3.77 4.44
Exceptional Items 0 0 0 0 -41.72
Profit Before Tax 35.63 19.24 25.09 20.35 -21.43
Tax 8.95 5.54 6.42 5.21 -5.34
Profit After Tax 26.68 13.7 18.67 15.14 -16.09
Adjusted EPS (Rs) 19.62 10.07 13.73 11.13 -11.83

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 525.56 447.28 661.48 776.76 883.83
Total Expenditure 483.85 425.64 601.03 688.11 792.57
Operating Profit 41.71 21.64 60.45 88.65 91.26
Other Income 9.08 7.31 5.48 6.67 13.07
Interest 10.04 8.16 5.8 3.8 5.36
Depreciation 10.68 11.1 10.9 11.61 13.42
Exceptional Items 0 -25.37 8.98 -0.8 0
Profit Before Tax 30.07 -15.68 58.21 79.11 85.55
Tax 4.45 -3.69 13.19 19.82 22.36
Net Profit 25.62 -11.99 45.02 59.29 63.19
Adjusted EPS (Rs.) 18.84 -8.82 33.1 43.6 46.46

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 13.6 13.6 13.6 13.6 13.6
Total Reserves 235.3 223.83 268.32 309.91 348.78
Borrowings 0 0 0.6 0.73 0.6
Other N/C liabilities 29.57 34.45 33.8 2.57 4.24
Current liabilities 180.32 146.97 122.41 120.23 149.01
Total Liabilities 458.79 418.85 438.73 447.04 516.23
Assets
Net Block 116.43 116.42 110.18 112.69 116.77
Capital WIP 0.28 3.27 7.06 1.51 25.37
Intangible WIP 0.05 0 0.04 0.41 0
Investments 11.63 2.13 0 2.69 3.2
Loans & Advances 53.05 63.59 58.06 29.01 32.26
Other N/C Assets 7.14 7.38 15.04 17.82 16.32
Current Assets 270.21 226.06 248.35 282.91 322.31
Total Assets 458.79 418.85 438.73 447.04 516.23
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 30.07 -15.68 58.21 79.11 85.55
Adjustment 23.63 50.69 4.34 17.64 12.73
Changes in Assets & Liabilities -29.53 42.24 -21.8 -65.18 -37.73
Tax Paid -11.18 1.73 -14.36 -17.9 -26.05
Operating Cash Flow 12.99 78.98 26.39 13.67 34.5
Investing Cash Flow -21.41 -6.54 -5.45 -9.66 -36.89
Financing Cash Flow -13.23 -60.58 -31.37 -4.67 -1.73
Net Cash Flow -21.65 11.86 -10.43 -0.66 -4.12

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 56.90 56.90 56.90 56.94 56.94
aditya tarachand malkani 0.91 0.91 0.91 0.94 0.99
aruna bhagwan advani 2.17 2.17 2.17 2.17 2.17
deep ashda lalvani 0.03 0.03 0.03 0.03 0.03
j b advani and company pv... 50.01 50.01 50.01 50.01 50.01
late ajit t mirchandani - - - 0.47 0.47
michelle gulu malkani 0.58 0.58 0.58 0.58 0.58
ninotchka malkani nagpal 1.47 1.47 1.47 1.48 1.48
pravena krishna mathur 0.01 0.01 0.01 0.01 0.01
priya darshini lambert 0.36 0.36 0.36 0.36 0.25
rajbir tarachand malkani 0.50 0.50 0.50 0.50 0.54
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 0.14 0.14 0.14 0.14 0.15
vimla ashda lalvani 0.14 0.14 0.14 0.14 0.14
ajit t mirchandani 0.47 0.47 0.47 - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 43.10 43.10 43.10 43.06 43.06
clarus capital i 1.37 1.67 2.45 3.18 4.05
girish gulati huf . 2.94 2.94 2.94 2.94 2.94
investor education and pr... 1.87 - 1.96 1.96 1.96
lic mf small cap fund - - - 1.47 2.21
llp 0.23 0.23 0.12 0.63 0.64
nippon life india trustee... 2.49 2.49 2.49 2.49 2.49
quant mutual fund - quant... - - - - 2.79
quant mutual fund - quant... - - - 2.79 -
ashish kacholia 4.38 4.38 4.17 - -
investor education and pr... - 1.96 - - -

Ratings & Research Reports

Company Presentations

Company News

Ador Welding - Quaterly Results 12 Nov, 8:27 PM Ador Welding - Quaterly Results 12 Nov, 8:27 PM Ador Welding informs about loss of share certificate 12 Sep, 5:35 PM Ador Welding informs about loss of share certificate 12 Sep, 5:32 PM Ador Welding informs about loss of share certificate 19 Aug, 5:15 PM Ador Welding informs about newspaper advertisement 3 Aug, 2:36 PM Ador Welding - Quaterly Results 2 Aug, 6:38 PM Ador Welding - Quaterly Results 2 Aug, 6:38 PM Ador Welding - Quaterly Results 2 Aug, 6:38 PM Ador Welding - Quaterly Results 30 Apr, 7:40 PM Ador Welding - Quaterly Results 30 Apr, 7:40 PM Ador Welding - Quaterly Results 1 Feb, 6:25 PM Ador Welding - Quaterly Results 1 Feb, 6:25 PM Ador Welding - Quaterly Results 1 Feb, 6:25 PM Ador Welding informs about loss of share certificate 1 Feb, 3:15 PM Ador Welding informs about loss of share certificate 22 Jan, 4:33 PM Ador Welding informs about closure of trading window 27 Dec, 12:50 PM Ador Welding informs about loss of share certificate 21 Dec, 2:32 PM Ador Welding informs about loss of share certificates 21 Nov, 3:18 PM Ador Welding informs about loss of share certificate 9 Nov, 3:02 PM Ador Welding informs about details of loss of certificate 17 Oct, 5:08 PM Ador Welding submits board meeting intimation 17 Oct, 4:31 PM Ador Welding informs about loss of share certificates 16 Oct, 1:06 PM Ador Welding informs about loss of share certificates 4 Sep, 4:58 PM Ador Welding informs about details of loss of certificate 31 Aug, 3:34 PM Ador Welding - Quaterly Results 2 Aug, 5:20 PM Ador Welding - Quaterly Results 2 Aug, 5:20 PM Ador Welding informs about trading window closure 28 Jun, 4:13 PM Ador Welding informs about loss of share certificate 22 Jun, 1:04 PM Ador Welding informs about loss of share certificates 13 Jun, 1:42 PM Ador Welding informs about loss of share certificate 13 Jun, 1:27 PM Ador Welding - Quaterly Results 30 May, 6:48 PM Ador Welding - Quaterly Results 30 May, 6:48 PM Ador Welding informs about loss of share certificate 16 May, 2:13 PM Ador Welding informs about details of loss of certificate 4 May, 4:59 PM Ador Welding informs about loss of share certificates 27 Feb, 10:48 AM Ador Welding informs about loss of share certificate 24 Feb, 10:28 AM Ador Welding informs about scheme of arrangement 23 Feb, 4:44 PM Ador Welding - Quaterly Results 3 Feb, 7:06 PM Ador Welding - Quaterly Results 3 Feb, 7:06 PM Ador Welding - Quaterly Results 3 Feb, 7:06 PM Ador Welding informs about loss of share certificate 3 Feb, 10:57 AM Ador Welding informs about loss of share certificate 27 Jan, 3:15 PM Ador Welding informs about details of loss of certificate 18 Jan, 4:45 PM Ador Welding informs about compliance certificate 11 Jan, 3:07 PM Ador Welding informs about loss of original share certificate 27 Dec, 12:41 PM Ador Welding informs about loss of share certificate 19 Dec, 1:55 PM Ador Welding informs about loss of original share certificates 28 Nov, 1:14 PM Ador Welding informs about details of loss of certificate 15 Nov, 5:17 PM Ador Welding informs about details of loss of certificate 8 Nov, 12:13 PM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Ador Welding . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 62.6516234089927 which is high and comparatively overvalued .

  • Share Price: - The current share price of Ador Welding is Rs 1131.15. 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 13.1199 % 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 2.163 .

  • 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 18.4257 % .(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 Debt to Equity ratio of 0.1173 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Ador Welding has reported revenue growth of 13.7842 % which is poor 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 10.3255150877431 %.

  • 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 18.5 and the yield is 1.6362 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Ador Welding is Rs 18.0546 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Ador Welding in Ticker for free. Also, one can get the intrinsic value of Ador Welding by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about Ador Welding
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