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5170

Ador WeldingBSE:517041 Stock Report

Market Cap

₹9.8b

7D

0.4%

1Y

195.4%

Updated

14 Oct, 2021

Data

Company Financials
517041 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

517041 Overview

Ador Welding Limited manufactures and supplies welding and cutting consumables, power sources, and accessories in India and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Ador Welding
Historical stock prices
Current Share Price₹717.20
52 Week High₹234.65
52 Week Low₹808.00
Beta0.70
1 Month Change4.76%
3 Month Change-4.96%
1 Year Change195.39%
3 Year Change92.90%
5 Year Change164.55%
Change since IPO4,259.88%

Recent News & Updates

Shareholder Returns

517041IN MachineryIN Market
7D0.4%3.6%2.8%
1Y195.4%94.9%69.5%

Return vs Industry: 517041 exceeded the Indian Machinery industry which returned 92% over the past year.

Return vs Market: 517041 exceeded the Indian Market which returned 64.8% over the past year.

Price Volatility

Is 517041's price volatile compared to industry and market?
517041 volatility
517041 Beta0.70
Industry Beta0.78
Market Beta1

Stable Share Price: 517041 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 517041's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951519Aditya Malkanihttps://www.adorwelding.com

Ador Welding Limited manufactures and supplies welding and cutting consumables, power sources, and accessories in India and internationally. The company operates in three segments: Consumables; Equipments and Automation; and Projects. It provides welding electrodes, including mild steel general purpose, mild steel special, low alloy high tensile, cellulosic, hard facing, stainless steel and heat resistant steel, cast iron, and non-ferrous electrodes; and continuous welding consumables products comprising submerged arc welding fluxes and wires, and flux cored arc welding products, as well as metal cored wire, gas metal arc welding (GMAW), and gas tungsten arc welding (GTAW) products.

Ador Welding Fundamentals Summary

How do Ador Welding's earnings and revenue compare to its market cap?
517041 fundamental statistics
Market Cap₹9.75b
Earnings (TTM)-₹34.40m
Revenue (TTM)₹5.21b

1.9x

P/S Ratio

-283.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
517041 income statement (TTM)
Revenue₹5.21b
Cost of Revenue₹3.80b
Gross Profit₹1.40b
Expenses₹1.44b
Earnings-₹34.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-2.53
Gross Margin26.93%
Net Profit Margin-0.66%
Debt/Equity Ratio12.3%

How did 517041 perform over the long term?

See historical performance and comparison

Valuation

Is Ador Welding undervalued compared to its fair value and its price relative to the market?

15.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 517041 (₹717.2) is trading below our estimate of fair value (₹846.53)

Significantly Below Fair Value: 517041 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 517041 is unprofitable, so we can't compare its PE Ratio to the Indian Machinery industry average.

PE vs Market: 517041 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 517041's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 517041 is overvalued based on its PB Ratio (4.1x) compared to the IN Machinery industry average (1.9x).


Future Growth

How is Ador Welding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ador Welding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Ador Welding performed over the past 5 years?

-28.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 517041 is currently unprofitable.

Growing Profit Margin: 517041 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 517041 is unprofitable, and losses have increased over the past 5 years at a rate of 28.9% per year.

Accelerating Growth: Unable to compare 517041's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 517041 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (74.7%).


Return on Equity

High ROE: 517041 has a negative Return on Equity (-1.45%), as it is currently unprofitable.


Financial Health

How is Ador Welding's financial position?


Financial Position Analysis

Short Term Liabilities: 517041's short term assets (₹2.1B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 517041's short term assets (₹2.1B) exceed its long term liabilities (₹50.0M).


Debt to Equity History and Analysis

Debt Level: 517041's debt to equity ratio (12.3%) is considered satisfactory.

Reducing Debt: 517041's debt to equity ratio has increased from 3.9% to 12.3% over the past 5 years.

Debt Coverage: 517041's debt is well covered by operating cash flow (270.7%).

Interest Coverage: 517041's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Dividend

What is Ador Welding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 517041's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 517041's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 517041's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 517041's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 517041 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 517041's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Aditya Malkani (41 yo)

1.08yrs

Tenure

₹10,981,390

Compensation

Mr. Aditya Tarachand Malkani, BA (Economics), MBA, has been Managing Director at Ador Welding Limited since September 14, 2020. Mr. Malkani served as a Manager of International Marketing for Ador Welding L...


CEO Compensation Analysis

Compensation vs Market: Aditya's total compensation ($USD145.78K) is above average for companies of similar size in the Indian market ($USD38.97K).

Compensation vs Earnings: Aditya's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 517041's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: 517041's board of directors are seasoned and experienced ( 12.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ador Welding Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ador Welding Limited
  • Ticker: 517041
  • Exchange: BSE
  • Founded: 1951
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹9.753b
  • Shares outstanding: 13.60m
  • Website: https://www.adorwelding.com

Number of Employees


Location

  • Ador Welding Limited
  • Ador House
  • 6, K. Dubash Marg
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 15:35
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.