Ador Welding Limited

NSEI:ADORWELD Stock Report

Market Cap: ₹19.7b

Ador Welding Management

Management criteria checks 4/4

Ador Welding's CEO is Aditya Malkani, appointed in Sep 2020, has a tenure of 4.33 years. total yearly compensation is ₹17.12M, comprised of 90.6% salary and 9.4% bonuses, including company stock and options. directly owns 0.89% of the company’s shares, worth ₹175.71M. The average tenure of the management team and the board of directors is 4.3 years and 5 years respectively.

Key information

Aditya Malkani

Chief executive officer

₹17.1m

Total compensation

CEO salary percentage90.6%
CEO tenure4.3yrs
CEO ownership0.9%
Management average tenure4.3yrs
Board average tenure5yrs

Recent management updates

It Looks Like Shareholders Would Probably Approve Ador Welding Limited's (NSE:ADORWELD) CEO Compensation Package

Jul 20
It Looks Like Shareholders Would Probably Approve Ador Welding Limited's (NSE:ADORWELD) CEO Compensation Package

Recent updates

Ador Welding (NSE:ADORWELD) Seems To Use Debt Quite Sensibly

Dec 06
Ador Welding (NSE:ADORWELD) Seems To Use Debt Quite Sensibly

Ador Welding Limited (NSE:ADORWELD) Looks Inexpensive But Perhaps Not Attractive Enough

Nov 14
Ador Welding Limited (NSE:ADORWELD) Looks Inexpensive But Perhaps Not Attractive Enough

It Looks Like Shareholders Would Probably Approve Ador Welding Limited's (NSE:ADORWELD) CEO Compensation Package

Jul 20
It Looks Like Shareholders Would Probably Approve Ador Welding Limited's (NSE:ADORWELD) CEO Compensation Package

Ador Welding Limited's (NSE:ADORWELD) Business Is Trailing The Market But Its Shares Aren't

Jun 12
Ador Welding Limited's (NSE:ADORWELD) Business Is Trailing The Market But Its Shares Aren't

Should You Be Adding Ador Welding (NSE:ADORWELD) To Your Watchlist Today?

Oct 19
Should You Be Adding Ador Welding (NSE:ADORWELD) To Your Watchlist Today?

Does Ador Welding (NSE:ADORWELD) Have A Healthy Balance Sheet?

Feb 07
Does Ador Welding (NSE:ADORWELD) Have A Healthy Balance Sheet?

With EPS Growth And More, Ador Welding (NSE:ADORWELD) Makes An Interesting Case

Jan 03
With EPS Growth And More, Ador Welding (NSE:ADORWELD) Makes An Interesting Case

Calculating The Fair Value Of Ador Welding Limited (NSE:ADORWELD)

Nov 10
Calculating The Fair Value Of Ador Welding Limited (NSE:ADORWELD)

Returns On Capital At Ador Welding (NSE:ADORWELD) Paint A Concerning Picture

Jul 04
Returns On Capital At Ador Welding (NSE:ADORWELD) Paint A Concerning Picture

The Returns On Capital At Ador Welding (NSE:ADORWELD) Don't Inspire Confidence

Mar 12
The Returns On Capital At Ador Welding (NSE:ADORWELD) Don't Inspire Confidence

Aditya Malkani Is The MD & Director of Ador Welding Limited (NSE:ADORWELD) And They Just Picked Up 5.6% More Shares

Feb 22
Aditya Malkani Is The MD & Director of Ador Welding Limited (NSE:ADORWELD) And They Just Picked Up 5.6% More Shares

We Think Ador Welding (NSE:ADORWELD) Can Stay On Top Of Its Debt

Jan 30
We Think Ador Welding (NSE:ADORWELD) Can Stay On Top Of Its Debt

Ador Welding Limited (NSE:ADORWELD) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Jan 13
Ador Welding Limited (NSE:ADORWELD) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Ador Welding (NSE:ADORWELD) Share Prices Have Dropped 48% In The Last Three Years

Dec 29
Ador Welding (NSE:ADORWELD) Share Prices Have Dropped 48% In The Last Three Years

Trade Alert: The MD & Director Of Ador Welding Limited (NSE:ADORWELD), Aditya Malkani, Has Just Spent ₹3.4m Buying 13% More Shares

Dec 12
Trade Alert: The MD & Director Of Ador Welding Limited (NSE:ADORWELD), Aditya Malkani, Has Just Spent ₹3.4m Buying 13% More Shares

Is Ador Welding (NSE:ADORWELD) Struggling?

Dec 10
Is Ador Welding (NSE:ADORWELD) Struggling?

Ador Welding Limited (NSE:ADORWELD) Is Yielding 2.5% - But Is It A Buy?

Nov 22
Ador Welding Limited (NSE:ADORWELD) Is Yielding 2.5% - But Is It A Buy?

Need To Know: Ador Welding Limited (NSE:ADORWELD) Insiders Have Been Buying Shares

Oct 26
Need To Know: Ador Welding Limited (NSE:ADORWELD) Insiders Have Been Buying Shares

Ador Welding Limited's (NSE:ADORWELD) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Sep 30
Ador Welding Limited's (NSE:ADORWELD) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Should We Be Excited About The Trends Of Returns At Ador Welding (NSE:ADORWELD)?

Sep 09
Should We Be Excited About The Trends Of Returns At Ador Welding (NSE:ADORWELD)?

CEO Compensation Analysis

How has Aditya Malkani's remuneration changed compared to Ador Welding's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹474m

Jun 30 2024n/an/a

₹671m

Mar 31 2024₹17m₹16m

₹632m

Dec 31 2023n/an/a

₹671m

Sep 30 2023n/an/a

₹697m

Jun 30 2023n/an/a

₹601m

Mar 31 2023₹15m₹13m

₹593m

Dec 31 2022n/an/a

₹499m

Sep 30 2022n/an/a

₹442m

Jun 30 2022n/an/a

₹488m

Mar 31 2022₹12m₹11m

₹450m

Dec 31 2021n/an/a

₹240m

Sep 30 2021n/an/a

₹168m

Jun 30 2021n/an/a

-₹34m

Mar 31 2021₹11m₹6m

-₹104m

Dec 31 2020n/an/a

₹65m

Sep 30 2020n/an/a

₹97m

Jun 30 2020n/an/a

₹245m

Mar 31 2020₹505kn/a

₹261m

Dec 31 2019n/an/a

₹295m

Sep 30 2019n/an/a

₹282m

Jun 30 2019n/an/a

₹247m

Mar 31 2019₹460kn/a

₹245m

Mar 31 2018₹442kn/a

₹184m

Compensation vs Market: Aditya's total compensation ($USD199.62K) is about average for companies of similar size in the Indian market ($USD174.81K).

Compensation vs Earnings: Aditya's compensation has been consistent with company performance over the past year.


CEO

Aditya Malkani (44 yo)

4.3yrs

Tenure

₹17,120,000

Compensation

Mr. Aditya Tarachand Malkani, BA (Economics), MBA, has been Managing Director at Ador Welding Limited since September 14, 2020. Mr. Malkani is Non-Executive Independent Director of Batliboi Limited from Ju...


Leadership Team

NamePositionTenureCompensationOwnership
Ninotchka Nagpal
Executive Chairman27.3yrs₹17.76m1.15%
₹ 227.1m
Aditya Malkani
MD & Director4.3yrs₹17.12m0.89%
₹ 175.7m
Suryakant Sethia
CFO and Deputy GM of Finance & Accounts4.3yrs₹6.60mno data
Vinayak Bhide
Head of Corporate Administrationno data₹6.80mno data
S. Kumar
Head of International Welding Business9.3yrsno datano data
Sunanda Palit
Head of Strategy & Customer Experience7.7yrsno datano data
Vineet Bansal
Head of India Welding Business & Customer Success7.7yrsno datano data
Ulhas Pujari
Head of Manufacturing & Supply Chain (Welding & Cutting Equipment)less than a yearno datano data
Sachin Dobhada
Head of Researchno datano datano data
Rakesh Choudhary
Head of Welding Automation Products & Servicesno datano datano data
Laxmiprasad Bansod
Head of ITno datano datano data
Sujit Barde
Head -Welding & Cutting Automation (WCA) Business1.2yrsno datano data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Management: ADORWELD's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ninotchka Nagpal
Executive Chairman27.3yrs₹17.76m1.15%
₹ 227.1m
Aditya Malkani
MD & Director17.5yrs₹17.12m0.89%
₹ 175.7m
Deep Lalvani
Non-executive Non Independent Director17.5yrs₹1.01m0.025%
₹ 5.0m
Ravin Mirchandani
Non-Executive Director18.5yrs₹1.01m0.046%
₹ 9.1m
Navroze Marshall
Independent Non-Executive Director2.7yrs₹1.14m0.23%
₹ 45.3m
Nita Mirchandani
Non-Executive & Independent Director4.8yrs₹1.07mno data
Santosh Iyer
Additional Independent Directorless than a yearno datano data
Tanya Advani
Non-Executive Director5.2yrs₹1.01mno data
Jitendra Punjabi
Additional Independent Directorless than a yearno datano data
Mihir Jayaraman
Non-Executive & Independent Directorless than a yearno datano data

5.0yrs

Average Tenure

46yo

Average Age

Experienced Board: ADORWELD's board of directors are considered experienced (5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 05:46
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ador Welding Limited is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tejo NamminaBatlivala & Karani Securities India Pvt. Ltd.
Kameswari V. S. ChavaliFirstCall Research
Chirag ShahICICIdirect.com