Ador Welding Limited manufactures and supplies welding and cutting consumables, power sources, and accessories in India and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹717.20|
|52 Week High||₹234.65|
|52 Week Low||₹808.00|
|1 Month Change||4.76%|
|3 Month Change||-4.96%|
|1 Year Change||195.39%|
|3 Year Change||92.90%|
|5 Year Change||164.55%|
|Change since IPO||4,259.88%|
Recent News & Updates
|517041||IN Machinery||IN Market|
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.
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
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
|517041 fundamental statistics|
Is 517041 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|517041 income statement (TTM)|
|Cost of Revenue||₹3.80b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-2.53|
|Net Profit Margin||-0.66%|
How did 517041 perform over the long term?See historical performance and comparison
Is Ador Welding undervalued compared to its fair value and its price relative to the market?
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).
How is Ador Welding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Ador Welding performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Aditya Malkani (41 yo)
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.
Experienced Management: 517041's management team is considered experienced (3.2 years average tenure).
Experienced Board: 517041's board of directors are seasoned and experienced ( 12.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ador Welding Limited's employee growth, exchange listings and data sources
- 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
- Ador Welding Limited
- Ador House
- 6, K. Dubash Marg
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/14 15:35|
|End of Day Share Price||2021/10/14 00:00|
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.