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Last Updated: February 27, 2026, 8:03 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 517041 | NSE: ADOR

Ador Welding Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 27, 2026, 8:03 pm

Market Cap 1,840 Cr.
Current Price 1,054
Intrinsic Value₹1,803.25
High / Low 1,260/788
Stock P/E25.9
Book Value 283
Dividend Yield1.90 %
ROCE20.3 %
ROE13.9 %
Face Value 10.0
PEG Ratio0.22

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Ador Welding Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
GEE Ltd 366 Cr. 70.4 97.9/55.2 38.10.00 %1.09 %4.65 % 2.00
D&H India Ltd 144 Cr. 141 251/11319.6 48.90.00 %13.5 %11.6 % 10.0
Esab India Ltd 8,468 Cr. 5,506 6,425/4,13043.3 2711.18 %70.0 %52.3 % 10.0
Ador Welding Ltd 1,840 Cr. 1,054 1,260/78825.9 2831.90 %20.3 %13.9 % 10.0
Industry Average2,704.50 Cr1,692.8529.60160.250.77%26.22%20.61%8.00

All Competitor Stocks of Ador Welding Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 158185199277261297269269274310252281288
Expenses 142170174242235265242249251279256246253
Operating Profit 16152436273227202331-43535
OPM % 10%8%12%13%10%11%10%7%8%10%-2%12%12%
Other Income 1224575-544546
Interest 0011111111110
Depreciation 3334444455555
Profit before tax 1413223526342792129-53436
Tax % 25%25%26%26%29%24%26%28%28%38%-22%26%26%
Net Profit 1010162619252071518-42527
EPS in Rs 7.667.3412.0319.0813.7618.6614.604.938.8510.39-2.2714.3715.35

Last Updated: February 6, 2026, 8:47 pm

Below is a detailed analysis of the quarterly data for Ador Welding Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

  • For Sales, as of Dec 2025, the value is 288.00 Cr.. The value appears strong and on an upward trend. It has increased from 281.00 Cr. (Sep 2025) to 288.00 Cr., marking an increase of 7.00 Cr..
  • For Expenses, as of Dec 2025, the value is 253.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 246.00 Cr. (Sep 2025) to 253.00 Cr., marking an increase of 7.00 Cr..
  • For Operating Profit, as of Dec 2025, the value is 35.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 35.00 Cr..
  • For OPM %, as of Dec 2025, the value is 12.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 12.00%.
  • For Other Income, as of Dec 2025, the value is 6.00 Cr.. The value appears strong and on an upward trend. It has increased from 4.00 Cr. (Sep 2025) to 6.00 Cr., marking an increase of 2.00 Cr..
  • For Interest, as of Dec 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.00 Cr. (Sep 2025) to 0.00 Cr., marking a decrease of 1.00 Cr..
  • For Depreciation, as of Dec 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 5.00 Cr..
  • For Profit before tax, as of Dec 2025, the value is 36.00 Cr.. The value appears strong and on an upward trend. It has increased from 34.00 Cr. (Sep 2025) to 36.00 Cr., marking an increase of 2.00 Cr..
  • For Tax %, as of Dec 2025, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 26.00%.
  • For Net Profit, as of Dec 2025, the value is 27.00 Cr.. The value appears strong and on an upward trend. It has increased from 25.00 Cr. (Sep 2025) to 27.00 Cr., marking an increase of 2.00 Cr..
  • For EPS in Rs, as of Dec 2025, the value is 15.35. The value appears strong and on an upward trend. It has increased from 14.37 (Sep 2025) to 15.35, marking an increase of 0.98.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 18, 2026, 2:16 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025TTM
Sales 3653713884084424585135264486611,0741,1231,131
Expenses 3313443603664114234684844256019551,0191,034
Operating Profit 3427284231354642226111910497
OPM % 9%7%7%10%7%8%9%8%5%9%11%9%9%
Other Income 4-8343910109-171419719
Interest 121226111086663
Depreciation 12121312111010111111161819
Profit before tax 244483227283631-14581178794
Tax % 31%216%33%29%34%34%31%14%-26%22%26%31%
Net Profit 17-5322218182526-1045866066
EPS in Rs 12.41-3.7623.4316.4713.1313.5418.0519.21-7.6333.2163.5834.5137.84
Dividend Payout % 48%-133%21%30%38%37%36%34%0%38%39%58%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222024-2025
YoY Net Profit Growth (%)-129.41%740.00%-31.25%-18.18%0.00%38.89%4.00%-138.46%550.00%-30.23%
Change in YoY Net Profit Growth (%)0.00%869.41%-771.25%13.07%18.18%38.89%-34.89%-142.46%688.46%-580.23%

Ador Welding Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:16%
3 Years:19%
TTM:0%
Compounded Profit Growth
10 Years:17%
5 Years:21%
3 Years:21%
TTM:-52%
Stock Price CAGR
10 Years:15%
5 Years:30%
3 Years:2%
1 Year:-28%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:14%

Last Updated: September 4, 2025, 10:15 pm

Balance Sheet

Last Updated: December 4, 2025, 12:54 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Sep 2025
Equity Capital 14141414141414141414141717
Reserves 169155189203221231248234224268459490475
Borrowings 101900368165822924522
Other Liabilities 749382118107102103108108109163184229
Total Liabilities 266280285335378428429437375393681694724
Fixed Assets 957797100102103116125117117157197204
CWIP 02214110372543
Investments 2714612112441120393237
Other Assets 144188179222261322309308244248459461480
Total Assets 266280285335378428429437375393681694724

Below is a detailed analysis of the balance sheet data for Ador Welding Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 17.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 17.00 Cr..
  • For Reserves, as of Sep 2025, the value is 475.00 Cr.. The value appears to be declining and may need further review. It has decreased from 490.00 Cr. (Mar 2025) to 475.00 Cr., marking a decrease of 15.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 2.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2025) which recorded 2.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 229.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 184.00 Cr. (Mar 2025) to 229.00 Cr., marking an increase of 45.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 724.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 694.00 Cr. (Mar 2025) to 724.00 Cr., marking an increase of 30.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 204.00 Cr.. The value appears strong and on an upward trend. It has increased from 197.00 Cr. (Mar 2025) to 204.00 Cr., marking an increase of 7.00 Cr..
  • For CWIP, as of Sep 2025, the value is 3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2025) to 3.00 Cr., marking a decrease of 1.00 Cr..
  • For Investments, as of Sep 2025, the value is 37.00 Cr.. The value appears strong and on an upward trend. It has increased from 32.00 Cr. (Mar 2025) to 37.00 Cr., marking an increase of 5.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 480.00 Cr.. The value appears strong and on an upward trend. It has increased from 461.00 Cr. (Mar 2025) to 480.00 Cr., marking an increase of 19.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 724.00 Cr.. The value appears strong and on an upward trend. It has increased from 694.00 Cr. (Mar 2025) to 724.00 Cr., marking an increase of 30.00 Cr..

Notably, the Reserves (475.00 Cr.) exceed the Borrowings (2.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Cash from Operating Activity + 15211230-376414792658137
Cash from Investing Activity + -4-1-9-4-120-19-22-7-5-44-17
Cash from Financing Activity + -11-3-9-91932-33-13-61-31-19-94
Net Cash Flow -017-17107-411-2212-10-526

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Free Cash Flow24.008.0028.0042.00-5.00-46.00-19.00-40.00-7.0059.0074.00102.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Debtor Days 7377781076373609086516163
Inventory Days 697759585660526270707764
Days Payable 6581571098584677287604563
Cash Conversion Cycle 777281563450457969619364
Working Capital Days 514061676381665642545658
ROCE %10%10%17%12%11%14%12%6%20%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 56.90%56.90%56.90%56.90%56.90%56.94%56.94%53.24%53.71%53.71%53.73%53.74%
FIIs 0.32%0.22%0.13%0.30%0.10%0.06%0.05%0.06%0.03%0.07%0.09%0.14%
DIIs 2.99%2.79%4.02%4.43%5.74%10.21%12.00%10.31%11.00%11.85%12.44%12.56%
Public 39.78%40.08%38.96%38.38%37.25%32.78%31.02%36.39%35.27%34.37%33.76%33.57%
No. of Shareholders 19,30623,20928,05930,27432,57529,28330,66541,46840,70238,88937,94936,356

Shareholding Pattern Chart

No. of Shareholders

Ador Welding Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Manufacturing Fund 379,436 6.22 39.61N/AN/AN/A
Nippon India Value Fund 338,377 0.39 35.32N/AN/AN/A
LIC MF Infrastructure Fund 103,016 1.14 10.75104,1382026-01-26 03:18:49-1.08%
LIC MF Multi Cap Fund 95,876 0.57 10.0185,5382026-01-26 03:18:4912.09%
LIC MF Flexi Cap Fund 80,100 0.83 8.36N/AN/AN/A
LIC MF Manufacturing Fund 44,206 0.65 4.6146,7272026-02-23 03:16:39-5.4%
LIC MF Dividend Yield Fund 42,910 0.69 4.4843,3482026-02-23 03:16:39-1.01%
LIC MF Small Cap Fund 35,137 0.62 3.6725,6462025-12-08 01:47:0237.01%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 34.5163.5733.21-7.6321.15
Diluted EPS (Rs.) 34.5163.5733.21-7.6321.15
Cash EPS (Rs.) 44.9875.2041.220.5829.06
Book Value[Excl.RevalReserv]/Share (Rs.) 291.43347.80207.42174.66196.60
Book Value[Incl.RevalReserv]/Share (Rs.) 291.43347.80207.42174.66196.60
Revenue From Operations / Share (Rs.) 645.22789.43486.38329.18387.16
PBDIT / Share (Rs.) 69.39100.7446.9520.2139.03
PBIT / Share (Rs.) 58.9189.1138.9312.0031.13
PBT / Share (Rs.) 49.7686.1142.80-10.3424.79
Net Profit / Share (Rs.) 34.5163.5733.20-7.6321.15
NP After MI And SOA / Share (Rs.) 34.5163.5733.20-7.6321.15
PBDIT Margin (%) 10.7512.769.656.1410.08
PBIT Margin (%) 9.1311.288.003.648.03
PBT Margin (%) 7.7110.908.79-3.146.40
Net Profit Margin (%) 5.348.056.82-2.315.46
NP After MI And SOA Margin (%) 5.348.056.82-2.315.46
Return on Networth / Equity (%) 11.8418.2716.00-4.3610.75
Return on Capital Employeed (%) 19.6924.9518.336.7215.19
Return On Assets (%) 8.6512.6911.49-2.766.45
Total Debt / Equity (X) 0.000.090.000.110.30
Asset Turnover Ratio (%) 1.630.001.721.091.20
Current Ratio (X) 2.562.272.211.611.74
Quick Ratio (X) 1.831.521.351.131.36
Inventory Turnover Ratio (X) 8.260.005.535.236.33
Dividend Payout Ratio (NP) (%) 41.9372.050.000.0061.45
Dividend Payout Ratio (CP) (%) 32.1760.910.000.0044.73
Earning Retention Ratio (%) 58.0727.950.000.0038.55
Cash Earning Retention Ratio (%) 67.8339.090.000.0055.27
Interest Coverage Ratio (X) 26.5933.5817.164.296.16
Interest Coverage Ratio (Post Tax) (X) 16.7422.1910.733.124.34
Enterprise Value (Cr.) 1391.061859.61834.28418.25321.92
EV / Net Operating Revenue (X) 1.241.731.260.930.61
EV / EBITDA (X) 11.5213.5713.0715.216.06
MarketCap / Net Operating Revenue (X) 1.301.741.270.910.46
Retention Ratios (%) 58.0627.940.000.0038.54
Price / BV (X) 2.873.942.981.720.92
Price / Net Operating Revenue (X) 1.301.741.270.910.46
EarningsYield 0.040.040.05-0.020.11

After reviewing the key financial ratios for Ador Welding Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 34.51. This value is within the healthy range. It has decreased from 63.57 (Mar 24) to 34.51, marking a decrease of 29.06.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 34.51. This value is within the healthy range. It has decreased from 63.57 (Mar 24) to 34.51, marking a decrease of 29.06.
  • For Cash EPS (Rs.), as of Mar 25, the value is 44.98. This value is within the healthy range. It has decreased from 75.20 (Mar 24) to 44.98, marking a decrease of 30.22.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 291.43. It has decreased from 347.80 (Mar 24) to 291.43, marking a decrease of 56.37.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 291.43. It has decreased from 347.80 (Mar 24) to 291.43, marking a decrease of 56.37.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 645.22. It has decreased from 789.43 (Mar 24) to 645.22, marking a decrease of 144.21.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 69.39. This value is within the healthy range. It has decreased from 100.74 (Mar 24) to 69.39, marking a decrease of 31.35.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 58.91. This value is within the healthy range. It has decreased from 89.11 (Mar 24) to 58.91, marking a decrease of 30.20.
  • For PBT / Share (Rs.), as of Mar 25, the value is 49.76. This value is within the healthy range. It has decreased from 86.11 (Mar 24) to 49.76, marking a decrease of 36.35.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 34.51. This value is within the healthy range. It has decreased from 63.57 (Mar 24) to 34.51, marking a decrease of 29.06.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 34.51. This value is within the healthy range. It has decreased from 63.57 (Mar 24) to 34.51, marking a decrease of 29.06.
  • For PBDIT Margin (%), as of Mar 25, the value is 10.75. This value is within the healthy range. It has decreased from 12.76 (Mar 24) to 10.75, marking a decrease of 2.01.
  • For PBIT Margin (%), as of Mar 25, the value is 9.13. This value is below the healthy minimum of 10. It has decreased from 11.28 (Mar 24) to 9.13, marking a decrease of 2.15.
  • For PBT Margin (%), as of Mar 25, the value is 7.71. This value is below the healthy minimum of 10. It has decreased from 10.90 (Mar 24) to 7.71, marking a decrease of 3.19.
  • For Net Profit Margin (%), as of Mar 25, the value is 5.34. This value is within the healthy range. It has decreased from 8.05 (Mar 24) to 5.34, marking a decrease of 2.71.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.34. This value is below the healthy minimum of 8. It has decreased from 8.05 (Mar 24) to 5.34, marking a decrease of 2.71.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 11.84. This value is below the healthy minimum of 15. It has decreased from 18.27 (Mar 24) to 11.84, marking a decrease of 6.43.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 19.69. This value is within the healthy range. It has decreased from 24.95 (Mar 24) to 19.69, marking a decrease of 5.26.
  • For Return On Assets (%), as of Mar 25, the value is 8.65. This value is within the healthy range. It has decreased from 12.69 (Mar 24) to 8.65, marking a decrease of 4.04.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. It has decreased from 0.09 (Mar 24) to 0.00, marking a decrease of 0.09.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 1.63. It has increased from 0.00 (Mar 24) to 1.63, marking an increase of 1.63.
  • For Current Ratio (X), as of Mar 25, the value is 2.56. This value is within the healthy range. It has increased from 2.27 (Mar 24) to 2.56, marking an increase of 0.29.
  • For Quick Ratio (X), as of Mar 25, the value is 1.83. This value is within the healthy range. It has increased from 1.52 (Mar 24) to 1.83, marking an increase of 0.31.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 8.26. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 8.26, marking an increase of 8.26.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 41.93. This value is within the healthy range. It has decreased from 72.05 (Mar 24) to 41.93, marking a decrease of 30.12.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 32.17. This value is within the healthy range. It has decreased from 60.91 (Mar 24) to 32.17, marking a decrease of 28.74.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 58.07. This value is within the healthy range. It has increased from 27.95 (Mar 24) to 58.07, marking an increase of 30.12.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 67.83. This value is within the healthy range. It has increased from 39.09 (Mar 24) to 67.83, marking an increase of 28.74.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 26.59. This value is within the healthy range. It has decreased from 33.58 (Mar 24) to 26.59, marking a decrease of 6.99.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 16.74. This value is within the healthy range. It has decreased from 22.19 (Mar 24) to 16.74, marking a decrease of 5.45.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 1,391.06. It has decreased from 1,859.61 (Mar 24) to 1,391.06, marking a decrease of 468.55.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.24. This value is within the healthy range. It has decreased from 1.73 (Mar 24) to 1.24, marking a decrease of 0.49.
  • For EV / EBITDA (X), as of Mar 25, the value is 11.52. This value is within the healthy range. It has decreased from 13.57 (Mar 24) to 11.52, marking a decrease of 2.05.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.30. This value is within the healthy range. It has decreased from 1.74 (Mar 24) to 1.30, marking a decrease of 0.44.
  • For Retention Ratios (%), as of Mar 25, the value is 58.06. This value is within the healthy range. It has increased from 27.94 (Mar 24) to 58.06, marking an increase of 30.12.
  • For Price / BV (X), as of Mar 25, the value is 2.87. This value is within the healthy range. It has decreased from 3.94 (Mar 24) to 2.87, marking a decrease of 1.07.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.30. This value is within the healthy range. It has decreased from 1.74 (Mar 24) to 1.30, marking a decrease of 0.44.
  • For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ador Welding Ltd as of February 27, 2026 is: ₹830.55

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 27, 2026, Ador Welding Ltd is Overvalued by 21.20% compared to the current share price ₹1,054.00

Intrinsic Value of Ador Welding Ltd as of February 27, 2026 is: ₹1,789.78

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 27, 2026, Ador Welding Ltd is Undervalued by 69.81% compared to the current share price ₹1,054.00

Last 5 Year EPS CAGR: 115.49%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (274.31 cr) compared to borrowings (28.69 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (352.54 cr) and profit (44.00 cr) over the years.
  1. The stock has a low average ROCE of 11.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 57.92, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 65.08, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ador Welding Ltd:
    1. Net Profit Margin: 5.34%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 19.69% (Industry Average ROCE: 26.22%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 11.84% (Industry Average ROE: 20.61%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 16.74
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.83
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 25.9 (Industry average Stock P/E: 29.6)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Ador Welding Ltd. is a Public Limited Listed company incorporated on 22/10/1951 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L70100MH1951PLC008647 and registration number is 008647. Currently company belongs to the Industry of Welding Equipments. Company's Total Operating Revenue is Rs. 1116.83 Cr. and Equity Capital is Rs. 17.40 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Welding EquipmentsAdor House, 6, K Dubash Marg, Mumbai Maharashtra 400001Contact not found
Management
NamePosition Held
Mrs. Ninotchka Malkani NagpalExecutive Chairman
Mr. Aditya Tarachand MalkaniManaging Director
Dr. Deep Ashda LalvaniNon Executive Director
Mr. Ravin Ajit MirchandaniNon Executive Director
Ms. Tanya Halina AdvaniNon Executive Director
Mr. Santosh Janakiram IyerInd. Non-Executive Director
Mr. Jitendra Hiru PanjabiInd. Non-Executive Director
Mr. Mihir JayaramanInd. Non-Executive Director
Mr. Navroze S MarshallInd. Non-Executive Director
Mrs. Nita Dempo MirchandaniInd. Non-Executive Director

FAQ

What is the intrinsic value of Ador Welding Ltd?

Ador Welding Ltd's intrinsic value (as of 27 February 2026) is ₹1789.78 which is 69.81% higher the current market price of ₹1,054.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,840 Cr. market cap, FY2025-2026 high/low of ₹1,260/788, reserves of ₹475 Cr, and liabilities of ₹724 Cr.

What is the Market Cap of Ador Welding Ltd?

The Market Cap of Ador Welding Ltd is 1,840 Cr..

What is the current Stock Price of Ador Welding Ltd as on 27 February 2026?

The current stock price of Ador Welding Ltd as on 27 February 2026 is ₹1,054.

What is the High / Low of Ador Welding Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Ador Welding Ltd stocks is ₹1,260/788.

What is the Stock P/E of Ador Welding Ltd?

The Stock P/E of Ador Welding Ltd is 25.9.

What is the Book Value of Ador Welding Ltd?

The Book Value of Ador Welding Ltd is 283.

What is the Dividend Yield of Ador Welding Ltd?

The Dividend Yield of Ador Welding Ltd is 1.90 %.

What is the ROCE of Ador Welding Ltd?

The ROCE of Ador Welding Ltd is 20.3 %.

What is the ROE of Ador Welding Ltd?

The ROE of Ador Welding Ltd is 13.9 %.

What is the Face Value of Ador Welding Ltd?

The Face Value of Ador Welding Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ador Welding Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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