Ador Welding Limited Share Price & Analysis
₹1,132.3▲ +1.11%Updated 5 Jun 2026, 05:02 pm IST
LTP
₹1,132.3
+1.11%
Open
₹—
High
₹1,139.7
Low
₹1,122.1
Close
₹1,132.3
52W High
₹1,260
52W Low
₹848
Volume
11K
Lot Size
1
Sector
Capital Goods
Market Cap
₹2K Cr
Face Value
₹10
Small Cap
Price Chart
Fundamentals
P/E
22.9
Sector P/E
53.3
P/B
3.55
EPS
₹37.84
ROE
15.8%
ROCE
22.5%
D/E Ratio
0.01
Div Yield
1.8%
Book Value
₹319
+
Strengths
- ✓Strong return on equity (ROE 15.8%)
- ✓Efficient capital deployment (ROCE 22.5%)
- ✓Attractively valued vs sector (P/E 22.9x vs industry 53.3x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 1.8%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BEL Bharat Electronics Limited | ₹408 | ₹3.0L Cr | 49.2 | 12.44 | 27.6 | 36.5 | 0 |
| HAL Hindustan Aeronautics Limited | ₹4,216 | ₹2.9L Cr | 31.4 | 6.87 | 24 | 32 | 0 |
| CUMMINSIND Cummins India Limited | ₹5,776 | ₹1.6L Cr | 65.3 | 18.88 | 30.2 | 39.5 | 0 |
| ABB ABB India Limited | ₹7,160 | ₹1.5L Cr | 99.4 | 19.35 | 22.4 | 29.9 | 0.01 |
| POLYCAB Polycab India Limited | ₹9,670 | ₹1.4L Cr | 53.7 | 12.12 | 24.5 | 34.3 | 0.02 |
| BHEL Bharat Heavy Electricals Limited | ₹387 | ₹1.4L Cr | 89.4 | 5.15 | 6.29 | 8.51 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹938 | ₹1.4L Cr | 116 | 18.54 | 20.8 | 27 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ADOR · as of Mar 2026
Promoters53.71%▲0.47
FII0.03%▼0.03
DII11.00%▲0.69
Public35.27%▼1.12
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.90% | 56.90% | 56.94% | 56.94% | 53.24% | 53.71% |
| FII | 0.30% | 0.10% | 0.06% | 0.05% | 0.06% | 0.03% |
| DII | 4.43% | 5.74% | 10.21% | 12.00% | 10.31% | 11.00% |
| Public | 38.38% | 37.25% | 32.78% | 31.02% | 36.39% | 35.27% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Dividend28 Apr 2026
Dividend - Rs 20 Per Share
Dividend7 Jul 2025
Interim Dividend - Rs 18.50 Per Share
Dividend14 May 2024
Annual General Meeting/Dividend - Rs 17.50 Per Share
Dividend1 Aug 2023
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹288 Cr ▲2.5% | ₹281 Cr ▲11.5% | ₹252 Cr ▼18.7% | ₹310 Cr ▲13.1% | ₹274 Cr ▲1.9% | ₹269 Cr ▲0.0% | ₹269 Cr ▼9.4% | ₹297 Cr |
| Op. Profit | ₹44 Cr ▲25.7% | ₹35 Cr ▲975.0% | ₹-4 Cr ▼112.9% | ₹31 Cr ▲34.8% | ₹23 Cr ▲15.0% | ₹20 Cr ▼25.9% | ₹27 Cr ▼15.6% | ₹32 Cr |
| OPM | 15.0% ▲25.0% | 12.0% ▲700.0% | -2.0% ▼120.0% | 10.0% ▲25.0% | 8.0% ▲14.3% | 7.0% ▼30.0% | 10.0% ▼9.1% | 11.0% |
| Net Profit | ₹27 Cr ▲8.0% | ₹25 Cr ▲725.0% | ₹-4 Cr ▼122.2% | ₹18 Cr ▲20.0% | ₹15 Cr ▲114.3% | ₹7 Cr ▼65.0% | ₹20 Cr ▼20.0% | ₹25 Cr |
| EPS (₹) | 15.35 ▲6.8% | 14.37 ▲733.0% | -2.27 ▼121.8% | 10.39 ▲17.4% | 8.85 ▲79.5% | 4.93 ▼66.2% | 14.6 ▼21.8% | 18.66 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.1K Cr ▲1.5% | ₹1.1K Cr ▲4.6% | ₹1.1K Cr ▲62.5% | ₹661 Cr ▲47.5% | ₹448 Cr ▼14.8% | ₹526 Cr ▲2.5% | ₹513 Cr ▲12.0% | ₹458 Cr ▲3.6% | ₹442 Cr ▲8.3% | ₹408 Cr |
| Expenses | ₹1.0K Cr ▲0.0% | ₹1.0K Cr ▲6.7% | ₹955 Cr ▲58.9% | ₹601 Cr ▲41.4% | ₹425 Cr ▼12.2% | ₹484 Cr ▲3.4% | ₹468 Cr ▲10.6% | ₹423 Cr ▲2.9% | ₹411 Cr ▲12.3% | ₹366 Cr |
| Op. Profit | ₹121 Cr ▲16.3% | ₹104 Cr ▼12.6% | ₹119 Cr ▲95.1% | ₹61 Cr ▲177.3% | ₹22 Cr ▼47.6% | ₹42 Cr ▼8.7% | ₹46 Cr ▲31.4% | ₹35 Cr ▲12.9% | ₹31 Cr ▼26.2% | ₹42 Cr |
| OPM | 11.0% ▲22.2% | 9.0% ▼18.2% | 11.0% ▲22.2% | 9.0% ▲80.0% | 5.0% ▼37.5% | 8.0% ▼11.1% | 9.0% ▲12.5% | 8.0% ▲14.3% | 7.0% ▼30.0% | 10.0% |
| Other Income | ₹15 Cr ▲114.3% | ₹7 Cr ▼63.2% | ₹19 Cr ▲35.7% | ₹14 Cr ▲182.4% | ₹-17 Cr ▼288.9% | ₹9 Cr ▼10.0% | ₹10 Cr ▲0.0% | ₹10 Cr ▲11.1% | ₹9 Cr ▲200.0% | ₹3 Cr |
| Interest | ₹2 Cr ▼66.7% | ₹6 Cr ▲0.0% | ₹6 Cr ▲0.0% | ₹6 Cr ▼25.0% | ₹8 Cr ▼20.0% | ₹10 Cr ▼9.1% | ₹11 Cr ▲83.3% | ₹6 Cr ▲200.0% | ₹2 Cr ▲0.0% | ₹2 Cr |
| Depreciation | ₹19 Cr ▲5.6% | ₹18 Cr ▲12.5% | ₹16 Cr ▲45.5% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲10.0% | ₹10 Cr ▲0.0% | ₹10 Cr ▼9.1% | ₹11 Cr ▼8.3% | ₹12 Cr |
| PBT | ₹115 Cr ▲32.2% | ₹87 Cr ▼25.6% | ₹117 Cr ▲101.7% | ₹58 Cr ▲514.3% | ₹-14 Cr ▼145.2% | ₹31 Cr ▼13.9% | ₹36 Cr ▲28.6% | ₹28 Cr ▲3.7% | ₹27 Cr ▼15.6% | ₹32 Cr |
| Tax % | 29.0% ▼6.5% | 31.0% ▲19.2% | 26.0% ▲18.2% | 22.0% ▲184.6% | -26.0% ▼285.7% | 14.0% ▼54.8% | 31.0% ▼8.8% | 34.0% ▲0.0% | 34.0% ▲17.2% | 29.0% |
| Net Profit | ₹82 Cr ▲36.7% | ₹60 Cr ▼30.2% | ₹86 Cr ▲91.1% | ₹45 Cr ▲550.0% | ₹-10 Cr ▼138.5% | ₹26 Cr ▲4.0% | ₹25 Cr ▲38.9% | ₹18 Cr ▲0.0% | ₹18 Cr ▼18.2% | ₹22 Cr |
| EPS (₹) | 47.11 ▲36.5% | 34.51 ▼45.7% | 63.58 ▲91.4% | 33.21 ▲535.3% | -7.63 ▼139.7% | 19.21 ▲6.4% | 18.05 ▲33.3% | 13.54 ▲3.1% | 13.13 ▼20.3% | 16.47 |
| Div Payout | 49.0% ▼15.5% | 58.0% ▲48.7% | 39.0% ▲2.6% | 38.0% | 0.0% ▼100.0% | 34.0% ▼5.6% | 36.0% ▼2.7% | 37.0% ▼2.6% | 38.0% ▲26.7% | 30.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹17 Cr ▲0.0% | ₹17 Cr ▲21.4% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr |
| Reserves | ₹475 Cr ▼3.1% | ₹490 Cr ▲6.8% | ₹459 Cr ▲71.3% | ₹268 Cr ▲19.6% | ₹224 Cr ▼4.3% | ₹234 Cr ▼5.6% | ₹248 Cr ▲7.4% | ₹231 Cr ▲4.5% | ₹221 Cr ▲8.9% | ₹203 Cr |
| Borrowings | ₹2 Cr ▲0.0% | ₹2 Cr ▼95.6% | ₹45 Cr ▲2150.0% | ₹2 Cr ▼93.1% | ₹29 Cr ▼64.6% | ₹82 Cr ▲26.2% | ₹65 Cr ▼19.8% | ₹81 Cr ▲125.0% | ₹36 Cr | ₹0 Cr |
| Other Liabilities | ₹229 Cr ▲24.5% | ₹184 Cr ▲12.9% | ₹163 Cr ▲49.5% | ₹109 Cr ▲0.9% | ₹108 Cr ▲0.0% | ₹108 Cr ▲4.9% | ₹103 Cr ▲1.0% | ₹102 Cr ▼4.7% | ₹107 Cr ▼9.3% | ₹118 Cr |
| Total Liabilities | ₹724 Cr ▲4.3% | ₹694 Cr ▲1.9% | ₹681 Cr ▲73.3% | ₹393 Cr ▲4.8% | ₹375 Cr ▼14.2% | ₹437 Cr ▲1.9% | ₹429 Cr ▲0.2% | ₹428 Cr ▲13.2% | ₹378 Cr ▲12.8% | ₹335 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹204 Cr ▲3.6% | ₹197 Cr ▲25.5% | ₹157 Cr ▲34.2% | ₹117 Cr ▲0.0% | ₹117 Cr ▼6.4% | ₹125 Cr ▲7.8% | ₹116 Cr ▲12.6% | ₹103 Cr ▲1.0% | ₹102 Cr ▲2.0% | ₹100 Cr |
| CWIP | ₹3 Cr ▼25.0% | ₹4 Cr ▼84.0% | ₹25 Cr ▲257.1% | ₹7 Cr ▲133.3% | ₹3 Cr | ₹0 Cr ▼100.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼75.0% | ₹4 Cr ▲300.0% | ₹1 Cr |
| Investments | ₹37 Cr ▲15.6% | ₹32 Cr ▼17.9% | ₹39 Cr ▲95.0% | ₹20 Cr ▲81.8% | ₹11 Cr ▲175.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲100.0% | ₹2 Cr ▼81.8% | ₹11 Cr ▼8.3% | ₹12 Cr |
| Other Assets | ₹480 Cr ▲4.1% | ₹461 Cr ▲0.4% | ₹459 Cr ▲85.1% | ₹248 Cr ▲1.6% | ₹244 Cr ▼20.8% | ₹308 Cr ▼0.3% | ₹309 Cr ▼4.0% | ₹322 Cr ▲23.4% | ₹261 Cr ▲17.6% | ₹222 Cr |
| Total Assets | ₹724 Cr ▲4.3% | ₹694 Cr ▲1.9% | ₹681 Cr ▲73.3% | ₹393 Cr ▲4.8% | ₹375 Cr ▼14.2% | ₹437 Cr ▲1.9% | ₹429 Cr ▲0.2% | ₹428 Cr ▲13.2% | ₹378 Cr ▲12.8% | ₹335 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹137 Cr ▲136.2% | ₹58 Cr ▲123.1% | ₹26 Cr ▼67.1% | ₹79 Cr ▲464.3% | ₹14 Cr ▼78.1% | ₹64 Cr ▲273.0% | ₹-37 Cr | ₹0 Cr ▼100.0% | ₹23 Cr ▲2200.0% | ₹1 Cr |
| Investing CF | ₹-17 Cr ▲61.4% | ₹-44 Cr ▼780.0% | ₹-5 Cr ▲28.6% | ₹-7 Cr ▲68.2% | ₹-22 Cr ▼15.8% | ₹-19 Cr | ₹0 Cr ▲100.0% | ₹-12 Cr ▼200.0% | ₹-4 Cr ▲55.6% | ₹-9 Cr |
| Financing CF | ₹-94 Cr ▼394.7% | ₹-19 Cr ▲38.7% | ₹-31 Cr ▲49.2% | ₹-61 Cr ▼369.2% | ₹-13 Cr ▲60.6% | ₹-33 Cr ▼203.1% | ₹32 Cr ▲68.4% | ₹19 Cr ▲311.1% | ₹-9 Cr ▲0.0% | ₹-9 Cr |
| Net Cash Flow | ₹26 Cr ▲620.0% | ₹-5 Cr ▲50.0% | ₹-10 Cr ▼183.3% | ₹12 Cr ▲154.5% | ₹-22 Cr ▼300.0% | ₹11 Cr ▲375.0% | ₹-4 Cr ▼157.1% | ₹7 Cr ▼30.0% | ₹10 Cr ▲158.8% | ₹-17 Cr |
| Free Cash Flow | ₹98 Cr ▲512.5% | ₹16 Cr ▼42.9% | ₹28 Cr ▼60.6% | ₹71 Cr ▲987.5% | ₹-8 Cr ▼117.8% | ₹45 Cr ▲197.8% | ₹-46 Cr ▼187.5% | ₹-16 Cr ▼300.0% | ₹8 Cr ▲260.0% | ₹-5 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63d ▲3.3% | 61d ▲19.6% | 51d ▼40.7% | 86d ▼4.4% | 90d ▲50.0% | 60d ▼17.8% | 73d ▲15.9% | 63d ▼41.1% | 107d ▲37.2% | 78d |
| Inventory Days | 64d ▼16.9% | 77d ▲10.0% | 70d ▲0.0% | 70d ▲12.9% | 62d ▲19.2% | 52d ▼13.3% | 60d ▲7.1% | 56d ▼3.4% | 58d ▼1.7% | 59d |
| Days Payable | 63d ▲40.0% | 45d ▼25.0% | 60d ▼31.0% | 87d ▲20.8% | 72d ▲7.5% | 67d ▼20.2% | 84d ▼1.2% | 85d ▼22.0% | 109d ▲91.2% | 57d |
| Cash Conv. Cycle | 64d ▼31.2% | 93d ▲52.5% | 61d ▼11.6% | 69d ▼12.7% | 79d ▲75.6% | 45d ▼10.0% | 50d ▲47.1% | 34d ▼39.3% | 56d ▼30.9% | 81d |
| Working Capital Days | 58d ▲3.6% | 56d ▲3.7% | 54d ▲28.6% | 42d ▼25.0% | 56d ▼15.2% | 66d ▼18.5% | 81d ▲28.6% | 63d ▼6.0% | 67d ▲9.8% | 61d |
| ROCE | 20.0% | — | 20.0% ▲233.3% | 6.0% ▼50.0% | 12.0% ▼14.3% | 14.0% ▲27.3% | 11.0% ▼8.3% | 12.0% ▼29.4% | 17.0% ▲70.0% | 10.0% |
Source: Screener.in · Lower days = better efficiency
About Ador Welding Limited
Ador Welding Ltd is a leading player in the field of Welding Products, Technologies and Services. It is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals and other sectors.[1]
Capital Goods · Industrial Products
Related Analysis
Frequently Asked Questions
What is Ador Welding Limited share price today?▾
Ador Welding Limited (ADOR) is currently trading at ₹1,132.3 on NSE, up 1.11% as of the last market session. Prices update daily after market close on MarketNetra.
Is Ador Welding Limited available in F&O (Futures & Options)?▾
Yes, Ador Welding Limited (ADOR) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Ador Welding Limited 52-week high and low?▾
Ador Welding Limited's 52-week high is ₹1,260 and the 52-week low is ₹848. The current price of ₹1,132.3 is 10.1% below the 52W high.
What is Ador Welding Limited P/E ratio?▾
Ador Welding Limited's current P/E ratio is 22.9. This indicates the market is paying ₹22.9 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Ador Welding Limited options?▾
Ador Welding Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade ADOR options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.