X

Ador Fontech Ltd. Stock Analysis

Small Cap
Evaluated by 508 users | BSE: 530431 | NSE: |
Electrodes & Welding Equipment
Ador Fontech incorporated as Cosmics Electronics and Ancillaries Private Limited on 22nd August, 1974. The company is into the business of supply of products, services and solutions that help in conservation of mineral reserves as well as in reducing down-time and inventory costs.The product...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 41.04%32.86%22.06%15.82%14.99%12.01%9.62%8.12%12.65%10.28%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 147158152139137143146151184175
Y-o-Y Gr. Rt.-6.9%-3.6%-8.3%-1.4%4.2%2.2%3.1%22.3%-5.2%
Adjusted EPS (Rs.) 5.235.374.443.653.743.112.522.283.863.21
Y-o-Y Gr. Rt.-2.7%-17.3%-17.8%2.5%-16.8%-19%-9.5%69.3%-16.8%
Book Value per Share (Rs.) 14.7118.3522.2223.8225.4626.3227.0329.7332.0431.08
Adjusted Net Profit 18.318.815.512.813.110.98.8813.511.2
Net Op. Cash Flow (Rs. Cr.) 17.511.56.66.4146.92.24.57.122.7
Debt to Cash Flow from Ops 0000.290.1200000
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Ador Fontech Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 1.9%4.9%6.1%-5.2%
Adjusted EPS -5.3%-3%8.4%-16.8%
Book Value per Share 8.74.14.8-3
Share Price -3.5% -9.6% -18.5% -18.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 40.8132.4821.8915.8515.1712.029.448.0512.5110.16
Operating Profit Margin (%) 17.7317.9914.4114.5714.2811.569.568.3810.989.8
Net Profit Margin (%) 12.4211.9210.229.169.527.616.035.37.336.42
Debt to Equity 0000.020.0200000
Working Capital Days 10194118144155157170158128146
Cash Conversion Cycle 37486588999894765861
Entity Percentage Holding
Promoters 38.81%
Institutions 7.36%
Non-Institutions 53.83%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Ador Fontech Ltd.'s performance infers:

Ador Fontech Ltd. earnings have declined by -3%, whereas share price has depreciated -9.6% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Ador Fontech Ltd. share prices over the last 10 years. Here is what we found out:

Ador Fontech Ltd. share price has depreciated -0.2% annually over the past ten years.

Ador Fontech incorporated as Cosmics Electronics and Ancillaries Private Limited on 22nd August, 1974. The company is into the business of supply of products, services and solutions that help in conservation of mineral reserves as well as in reducing down-time and inventory costs.

The product spectrum consists of low heat input welding alloys, solid and flux-cored wires, welding and cutting equipment, fume extraction products, in-situ machining systems, thermal spray products and

Ador Fontech incorporated as Cosmics Electronics and Ancillaries Private Limited on 22nd August, 1974. The company is into the business of supply of products, services and solutions that help in conservation of mineral reserves as well as in reducing down-time and inventory costs.

The product spectrum consists of low heat input welding alloys, solid and flux-cored wires, welding and cutting equipment, fume extraction products, in-situ machining systems, thermal spray products and hands-on rebuilding and reclamation services.

Milestones

  • 1974- Company got incorporated.
  • 1980- Company started its operations.
  • 1983- Company started new reclamation welding alloy developed for the Indian Railways in the H3 class.
  • 1985 - Ador Fontech finalised an exclusive distributorship for India from Sulzer Metco (Switzerland, Singapore & USA) for thermal spray equipment and materials.
  • 1987 - It launched of Fonmatic open arc FCAW wires and feeders.
  • 1988 - Company started Fontech training centre in Mumbai.
  • 1992 - Ador Fontech acquired FIST India Private Limited and Kostech India Private Limited merger with itself. The number of shareholders was increased from 112 to 1874 and equity capital increased from Rs. 48 lakh to Rs. 169 lakh.
  • 1994 - Company further increased equity capital increased to Rs 225 lakh.
  • 1995 - Ador Fontech successfully completed public issue and raise the equity capital to Rs 350 lakh.
  • 1996 - Company received ISO 9002 Certification. The same year it launched Arcofon range of superior wear resistance technology wear plates.
  • 1997 - Company bagged exclusive distributorship for copper and copper alloys from Bedra (Germany).
  • 1998 – Company received exclusive distributorship for Gasflux range of products and services. It received approval of special welding alloys from defence organisations for armour steel welding. It also exclusive distributorship for Euromate (Holland) range of welding fume extraction equipment and systems.
  • 1999 - Ador Fontech received exclusive distributorship for CEA (Italy) range of inverter welding equipment.
  • 2000 - Company bagged exclusive distributorship for CEPRO (Netherlands) range of world class 'welding spot separation' products.
  • 2002 - It received distributorship for Soitaab (Italy) range of cutting systems.
  • 2004 - Ador Fontech started manufacturing unit for low heat input welding alloys at Bangalore.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback