Ador Welding Ltd Stock Analysis

BSE: 517041 | NSE: ADORWELD | Electrodes & Welding Equipment | Small Cap

BSE Share Price 06-Dec-2022 18:01
851.60 -1.20 (-0.14%)

DeciZen - Make an Informed Decision on Ador Welding

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Ador Welding Price Chart

P/E Ratio (SA) :
26.21
Market Cap :
1,159.7 Cr.
52-wk low :
588.4
52-wk high :
1,038
Bole Toh?

1. Is Ador Welding Ltd a good quality company?

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

2. Is Ador Welding Ltd undervalued or overvalued?

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

3. Is Ador Welding Ltd a good buy now?

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

10 Year X-Ray of Ador Welding:

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

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.
Ador Welding Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.9%7.2%6.1%11.2%7.4%7%8.5%9.4%3.7%15.5%-
Value Creation Index -0.3-0.5-0.6-0.2-0.5-0.5-0.4-0.3-0.70.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 364368387407441458512526447661717
YoY Gr. Rt. %-1.2%5%5.2%8.5%3.7%11.9%2.6%-14.9%47.9%-
Adj EPS 12.89816.712.312.315.117.53.928.232.5
YoY Gr. Rt. %--29.5%-11%107.4%-26.3%-0.2%23.1%16%-77.7%623.6%-
BVPS (₹) 135.8133150160.7174.6182.1193.7183174.6207.4209.5
Adj Net Profit 17.412.310.922.616.716.720.523.85.338.444
Cash Flow from Ops. 16.930.40.822.40.1-36.963137926.3-
Debt/CF from Ops. 0.10.10.60253.4-2.216.30.40-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.9%8.4%8.9%47.9%
Adj EPS 9.2%18.1%23.2%623.6%
BVPS 4.83.52.318.8
Share Price 19.9% 11.6% 42.1% 28.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 9.76.75.710.77.36.989.32.214.815.6
Op. Profit Mgn % 10107.310.37.17.88.78.15.19.29.1
Net Profit Mgn % 4.83.32.85.63.83.644.51.25.86.2
Debt to Equity 00000.20.30.30.30.100
Working Cap Days 121158157154185242234222241152119
Cash Conv. Cycle 5857605640404359814962

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.60%

Net Profit is growing at healthy rate in last 3 years 23.20%

Sales growth is good in last 4 quarters at 23.02%

Sales growth has been subdued in last 3 years 8.90%

Latest Financials - Ador Welding Ltd.

Standalone Consolidated
TTM EPS (₹) 32.5 32.5
TTM Sales (₹ Cr.) 717 717
BVPS (₹.) 209.5 209.5
Reserves (₹ Cr.) 271 271
P/BV 4.07 4.06
PE 26.21 26.21
From the Market
52 Week Low / High (₹) 588.35 / 1038.00
All Time Low / High (₹) 11.60 / 1038.00
Market Cap (₹ Cr.) 1,160
Equity (₹ Cr.) 13.6
Face Value (₹) 10
Industry PE 17.6

Management X-Ray of Ador Welding :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Ador Welding

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Ador Welding Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ador Welding on 06-Dec-2022 18:01 is : 851.6.
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 06-Dec-2022 18:01 the market cap of Ador Welding stood at ₹ 1,159.7.
The latest PE ratio of Ador Welding as of 06-Dec-2022 18:01 is 26.21.
The latest PB ratio of Ador Welding as of 06-Dec-2022 18:01 is 4.07
The 52-week high of Ador Welding is ₹ 1,038 and the 52-week low is ₹ 588.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Ador Welding is ₹ 716.8 ( Cr.) .

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 – 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 – 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 company’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.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now