What is Ador Welding Ltd (ADOR) share price return in the past 10 years?

Ador Welding Ltd share price has appreciated 15.9% annually (CAGR) over the past ten years.

What is the share price of Ador Welding Ltd (ADOR)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ador Welding Ltd (ADOR) on 02-Jul-2026 16:59:59 at 16:59 is 1285.60.

What is the P/E ratio of Ador Welding?

The latest standalone P/E ratio of Ador Welding as of 02-Jul-2026 is 27.02.

What is the P/B ratio of Ador Welding Ltd (ADOR)?

The latest standalone P/B ratio of Ador Welding Ltd (ADOR) as of 02-Jul-2026 is 3.97.

What is the 52-week high and low of Ador Welding Ltd (ADOR)?

The 52-week high of Ador Welding Ltd (ADOR) is Rs. 1285.60 and the 52-week low is Rs. 850.00.

Ador Welding Ltd (ADOR) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Ador Welding Ltd (ADOR)
Brand: Ador Welding

Ador Welding Ltd (ADOR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517041 NSE: ADOR Electrodes & Welding Equipment | Small Cap | Ador Welding Share Price

Ador Welding Ltd (ADOR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517041 NSE: ADOR Electrodes & Welding Equipment | Small Cap | Ador Welding Share Price

Key Metrics

Valuation Multiples

Market Cap

₹2,237 Cr.

Current Price

₹1,285.6

52-Week Low / High

₹850 / 1,286

TTM EPS

₹47.6

TTM Sales

₹1,135 Cr.

Book Value per Share

₹323.6

P/E Ratio

27.02

Lower than its 5-year historical median

Industry PE

43.1

Price to Book (P/B)

3.97

In line with its 5-year historical median

Price to Sales (P/S)

1.97

Higher than its 5-year historical median

EV/EBITDA

15.06

Lower than its 5-year historical median

Dividend Yield

1.79%

Profitability Efficiency

Return on Equity (ROE)

15.35%

Outperforms industry median

Return on Capital Employed (ROCE)

21.25%

Outperforms industry median

Return on Assets (ROA)

9.12%

Operating Profit Margin

9.6%

Net Profit Margin

7.29%

Gross Profit Margin

12.2%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

1.67%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

3.11%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

90.52%

Asset Quality

Promoter Holding

53.76%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹546 Cr.

Equity

₹17.4 Cr.

Face Value

₹10

All Time Low / High

₹11.60 / 1770.00

Ador Welding stock performance

Key Ratios

Check Before You Invest

Quality

Somewhat Good

Check detailed performance

Valuation

Somewhat Overvalued

Check Valuation charts

Price Trend

Strong

Check Price chart

Q.1 Is Ador Welding Ltd a good quality company?

Ador Welding Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Ador Welding Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Ador Welding Ltd vs industry peers?

Ador Welding Ltd revenue CAGR is 16.27%, compared to the industry median CAGR of 7.29%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Ador Welding Ltd?

Promoters hold 53.76% of the Ador Welding Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Ador Welding Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 14.2% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
ROCE % ⓘ	11.9%	11.5%	13.8%	12.2%	-2.5%	23.4%	26.7%	28.7%	12.2%	21.3%	-
Value Creation Index ⓘ	-0.2	-0.2	0.0	-0.1	-1.2	0.7	0.9	1.1	-0.1	0.5	-
Growth Parameters ⓘ
Sales ⓘ	441	458	512	526	447	661	777	1,067	1,117	1,135	1,135
Sales YoY Gr.	-	3.7%	11.9%	2.6%	-14.9%	47.9%	17.4%	37.4%	4.6%	1.7%	-
Adj EPS ⓘ	12.3	12.3	15.1	17.5	3.9	26.5	42.7	63.5	40.5	48.5	47.6
YoY Gr.	-	-0.2%	23.1%	16%	-77.7%	580%	61.2%	48.7%	-36.3%	19.7%	-
BVPS (₹) ⓘ	174.6	182.1	193.7	183	174.6	207.3	237.9	363.5	296.4	323.6	323.6
Adj Net Profit ⓘ	16.7	16.7	20.5	23.8	5.3	36.1	58.1	86.4	70.4	84.3	83
Cash Flow from Ops. ⓘ	0.1	-36.9	63	13	79	26.4	13.7	57.5	139	117	-
Debt/CF from Ops. ⓘ	253.4	-2.2	1	6.3	0.4	0	1.2	0.8	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.1%	20.5%	13.5%	1.7%
Adj EPS ⓘ	16.5%	65.5%	4.3%	19.7%
BVPSⓘ	7.1%	13.1%	10.8%	9.2%
Share Price	15.9%	13.5%	2.1%	16.5%

Key Financial Parameters ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Return on Equity % ⓘ	7.3	6.9	8	9.3	2.2	13.9	19.2	21	13.9	15.6	14.7
Op. Profit Mgn % ⓘ	7.1	7.8	8.7	8.1	5.1	9.2	11.4	11.3	9.5	9.6	10
Net Profit Mgn % ⓘ	3.8	3.6	4	4.5	1.2	5.5	7.5	8.1	6.3	7.4	7.3
Debt to Equity ⓘ	0.2	0.3	0.3	0.3	0.1	0	0.1	0.1	0	0	0
Working Cap Days ⓘ	185	242	234	222	241	153	136	139	169	188	74
Cash Conv. Cycle ⓘ	40	40	43	59	81	49	59	64	66	54	39

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Sales	441	458	512	526	447	661	777	1,067	1,117	1,135
Operating Expenses ⓘ +	410	423	468	484	426	601	688	946	1,011	1,027
Manufacturing Costs	25	25	28	30	27	37	45	71	74	76
Material Costs	311	327	362	368	324	470	523	686	723	707
Employee Cost	39	38	41	42	38	49	57	98	108	116
Other Costs ⓘ	34	32	36	44	37	45	64	91	106	128
Operating Profit ⓘ	31	35	45	42	22	60	89	121	105	109
Operating Profit Margin (%)	7.0%	7.6%	8.7%	7.9%	4.8%	9.1%	11.4%	11.3%	9.4%	9.6%
Other Income ⓘ +	9	10	10	9	7	5	7	21	20	34
Exceptional Items ⓘ	0	0	0	0	-25	9	-1	0	-43	-8
Interest ⓘ	2	6	11	10	8	6	4	6	6	4
Depreciation ⓘ	11	10	10	11	11	11	12	15	18	19
Profit Before Tax ⓘ	27	28	35	30	-16	58	79	121	59	111
Tax ⓘ	9	10	11	4	-4	13	20	31	15	28
Profit After Tax	18	19	24	26	-12	45	59	89	43	83
PAT Margin (%)	4.1%	4.1%	4.7%	4.9%	-2.7%	6.8%	7.6%	8.4%	3.9%	7.3%
Adjusted EPS (₹)	13.3	13.7	17.5	18.8	-8.8	33.1	43.6	65.7	25.0	47.6
Dividend Payout Ratio (%)	37.50%	36.60%	37.10%	34.50%	0%	37.80%	40.10%	28.20%	80.10%	48.30%

Valuation of Ador Welding - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Equity and Liabilities
Shareholders Fund +	237	248	263	249	237	282	324	494	516	563
Share Capital ⓘ	14	14	14	14	14	14	14	14	17	17
Reserves ⓘ	224	234	250	235	224	268	310	481	498	546
Debt +	35	81	65	82	28	1	16	43	1	1
Long Term Debt	0	0	0	0	0	1	1	1	1	1
Short Term Debt	35	81	65	82	28	0	15	42	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	73	75	67	73	77	78	73	84	124	193
Others Liabilities ⓘ	71	62	73	55	76	79	35	187	175	244
Total Liabilities ⓘ	417	466	468	459	419	439	447	808	815	1,000
Fixed Assets
Net Fixed Assets ⓘ +	92	93	106	116	116	110	113	145	186	193
Gross Block	238	248	267	287	284	282	286	355	403	424
Accumulated Depreciation	146	155	162	171	168	172	173	210	217	231
CWIP ⓘ	4	1	1	0	3	7	2	25	4	3
Investments ⓘ	24	15	16	14	12	20	20	56	32	47
Inventories	48	54	52	62	62	90	116	145	126	152
Trade Receivables	76	92	85	130	105	93	125	179	192	232
Cash Equivalents	22	17	28	6	18	8	7	47	67	92
Others Assets ⓘ	152	194	182	129	102	111	64	211	208	281
Total Assets ⓘ	417	466	468	459	419	439	447	808	815	1,000

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Cash Flow From Operating Activity ⓘ +	0	-37	63	13	79	26	14	58	139	117
PBT ⓘ	27	28	35	30	-16	58	79	121	59	111
Adjustment ⓘ	9	14	17	24	51	4	18	9	55	16
Changes in Working Capital ⓘ	-26	-69	21	-30	42	-22	-65	-38	50	23
Tax Paid ⓘ	-10	-10	-10	-11	2	-14	-18	-34	-24	-34
Cash Flow From Investing Activity ⓘ +	-11	0	-19	-21	-7	-5	-10	-42	-19	-67
Capex	-16	-9	-19	-22	-2	1	-14	-42	-40	-21
Net Investments	3	7	-3	-2	-6	-9	2	-4	16	-51
Others ⓘ	2	2	2	2	2	2	2	4	4	5
Cash Flow From Financing Activity ⓘ +	19	33	-33	-13	-61	-31	-5	-19	-93	-38
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	-0	-0
Interest Paid ⓘ	-1	-5	-9	-9	-6	-4	-2	-4	-4	-2
Dividend Paid ⓘ	-7	-7	-7	-18	0	0	-17	-41	-46	-35
Others ⓘ	26	44	-18	13	-54	-27	15	26	-43	-1
Net Cash Flow ⓘ	7	-4	11	-22	12	-10	-1	-4	26	12

Financial Ratio

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Ratios
ROE (%)	7.95	7.65	9.33	10	-4.93	17.34	19.59	21.85	8.61	15.35
ROCE (%)	11.91	11.45	13.8	12.17	-2.52	23.36	26.66	28.67	12.23	21.25
Asset Turnover Ratio	1.28	1.05	1.1	1.13	1.02	1.54	1.75	1.71	1.38	1.25
PAT to CFO Conversion(x)	0	-1.95	2.63	0.5	N/A	0.58	0.24	0.65	3.23	1.41
Working Capital Days
Receivable Days	74.40	66.10	62.90	74.40	95.90	54.80	51.30	51.90	60.60	68
Inventory Days	34.40	39.90	37.60	39.50	50.90	42.10	48.40	44.50	44.20	44.50
Payable Days	88.20	82.30	71.40	69.20	84.60	60.10	52.50	41.80	52.40	81.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ador Welding Ltd FAQs

The current trading price of Ador Welding on 02-Jul-2026 16:59 is ₹1,285.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Ador Welding stood at ₹2,237.3 Cr

The latest P/E ratio of Ador Welding as of 01-Jul-2026 is 27.02.

The latest P/B ratio of Ador Welding as of 01-Jul-2026 is 3.97.

The 52-week high of Ador Welding is ₹1,285.6 and the 52-week low is ₹850.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ador Welding is ₹1,135 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ador Welding Ltd is a average quality company.

The key valuation ratios of Ador Welding Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Ador Welding Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Ador Welding Ltd

Ador Welding (AWL) was incorporated in 1951 with an objective to offer finest range of welding consumables and equipment. AWL has also made large investments in project engineering and manufacturing of power generators and alternators.

AWL is a total solutions provider offering an up-to-date suite of welding and cutting consumables, power sources and accessories besides a full package of soft skills and knowledge development for welding and fabrication excellence.

The company operates three divisions through which it channelises solution based engineering experience are as follows:

Metal Joining Processes And Solutions â€“ This division covers the entire spectrum of metal joining processes. This includes welding, cutting and allied applications for all kinds of metals and every single industry and application.
Project Engineering Division - The Project Engineering Division offers customized solutions to multi-disciplinary projects and contracts in the area of combustion engineering, thermal engineering and fabrication engineering.
Energy Solutions â€“ The Electrical or Energy Management Solutions Division offers high-end configuration of hardware and software solutions to end-users and GOEMs in power, infrastructure, telecom and other sectors.

AWL has with four manufacturing plants for the production and supply of welding consumables, power sources, welding automation systems, cutting products and accessories.

The companyâ€™s three welding consumables plants are ISO 9001:2000 standard certified for quality management systems and ISO 14001:2004 standard (for environment management systems) while its equipment plant at Chinchwad is certified to ISO 9001:2000 standards.

Further, the company operates 26 area and territory offices and nine field offices. It also has strong market presence in region like the Gulf/Middle East, South East Asia and Africa.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ador Welding Ltd (ADOR)

Ador Welding Ltd (ADOR)

Ador Welding stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Ador Welding - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ador Welding Ltd FAQs

What is the share price of Ador Welding?

What is the market cap of Ador Welding?

What is the P/E ratio of Ador Welding?

What is the P/B ratio of Ador Welding?

What is the 52-week high and low of Ador Welding?

What is the TTM revenue of Ador Welding?

Is Ador Welding Ltd a good quality company?

Is Ador Welding Ltd undervalued or overvalued?

Is Ador Welding Ltd a good buy now?

About Ador Welding Ltd

Create stable, long-term investment portfolio with strong, consistent stocks.

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.