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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 517041 | NSE: ADORWELD

Ador Welding Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 9, 2025, 8:29 pm

Market Cap 1,580 Cr.
Current Price 908
High / Low 1,650/777
Stock P/E20.2
Book Value 274
Dividend Yield2.04 %
ROCE24.2 %
ROE18.3 %
Face Value 10.0
PEG Ratio0.19

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

View Share Price Target for Ador Welding Ltd

Competitors of Ador Welding Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
GEE Ltd 331 Cr. 127 203/10449.6 78.60.00 %9.30 %6.50 % 2.00
D&H India Ltd 158 Cr. 193 274/82.142.9 53.00.00 %9.89 %6.70 % 10.0
Esab India Ltd 6,709 Cr. 4,358 6,999/4,30339.0 2262.55 %75.9 %56.9 % 10.0
Ador Welding Ltd 1,580 Cr. 908 1,650/77720.2 2742.04 %24.2 %18.3 % 10.0
Industry Average2,194.50 Cr1,396.5037.93157.901.15%29.82%22.10%8.00

All Competitor Stocks of Ador Welding Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 174200158185199235190276260247268268273
Expenses 158182142170174204174239232221240247249
Operating Profit 16181615243216362826282124
OPM % 9%9%10%8%12%14%8%13%11%10%10%8%9%
Other Income 13122234546-364
Interest 1100111111111
Depreciation 3333333443445
Profit before tax 1417141322301536282528-2123
Tax % 25%23%25%25%26%25%25%25%28%26%25%-25%26%
Net Profit 1113101016231127201921-1617
EPS in Rs 7.799.717.667.3412.0316.588.2719.6214.6813.7315.27-11.839.66

Last Updated: February 13, 2025, 3:29 pm

Below is a detailed analysis of the quarterly data for Ador Welding Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹273.00 Cr.. The value appears strong and on an upward trend. It has increased from 268.00 Cr. (Sep 2024) to ₹273.00 Cr., marking an increase of ₹5.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹249.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 247.00 Cr. (Sep 2024) to ₹249.00 Cr., marking an increase of ₹2.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹24.00 Cr.. The value appears strong and on an upward trend. It has increased from 21.00 Cr. (Sep 2024) to ₹24.00 Cr., marking an increase of ₹3.00 Cr..
  • For OPM %, as of Dec 2024, the value is 9.00%. The value appears strong and on an upward trend. It has increased from 8.00% (Sep 2024) to 9.00%, marking an increase of 1.00%.
  • For Other Income, as of Dec 2024, the value is ₹4.00 Cr.. The value appears strong and on an upward trend. It has increased from -36.00 Cr. (Sep 2024) to ₹4.00 Cr., marking an increase of ₹40.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.00 Cr. (Sep 2024) to ₹5.00 Cr., marking an increase of ₹1.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹23.00 Cr.. The value appears strong and on an upward trend. It has increased from -21.00 Cr. (Sep 2024) to ₹23.00 Cr., marking an increase of ₹44.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from -25.00% (Sep 2024) to 26.00%, marking an increase of 51.00%.
  • For Net Profit, as of Dec 2024, the value is ₹17.00 Cr.. The value appears strong and on an upward trend. It has increased from -16.00 Cr. (Sep 2024) to ₹17.00 Cr., marking an increase of ₹33.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 9.66. The value appears strong and on an upward trend. It has increased from ₹-11.83 (Sep 2024) to 9.66, marking an increase of ₹21.49.

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 13, 2025, 3:29 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 3643683874074414585125264476617778841,056
Expenses 328331358365410423468484425601688793957
Operating Profit 36372842313545422261899198
OPM % 10%10%7%10%7%8%9%8%5%9%11%10%9%
Other Income 4-10343910109-1914613-22
Interest 111226111086455
Depreciation 12121212111010111111121317
Profit before tax 2714483227283530-1658798654
Tax % 28%69%33%29%33%34%31%15%-24%23%25%26%
Net Profit 194322318192426-1245596340
EPS in Rs 14.033.1123.8016.6613.3213.6517.5418.84-8.8233.1143.6046.4726.83
Dividend Payout % 43%161%21%30%38%37%37%34%0%38%40%40%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-78.95%700.00%-28.12%-21.74%5.56%26.32%8.33%-146.15%475.00%31.11%6.78%
Change in YoY Net Profit Growth (%)0.00%778.95%-728.12%6.39%27.29%20.76%-17.98%-154.49%621.15%-443.89%-24.33%

Ador Welding Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:12%
3 Years:25%
TTM:10%
Compounded Profit Growth
10 Years:22%
5 Years:21%
3 Years:60%
TTM:-2%
Stock Price CAGR
10 Years:16%
5 Years:28%
3 Years:10%
1 Year:-38%
Return on Equity
10 Years:12%
5 Years:14%
3 Years:18%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:46 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 14141414141414141414141414
Reserves 171167190205224234250235224268310349463
Borrowings 210035816582292174440
Other Liabilities 699282118107102103108108109111114171
Total Liabilities 255274286337380430431439375393452521687
Fixed Assets 81759699101102115125116117123128175
CWIP 022141103722523
Investments 3314712146761220202330
Other Assets 141184182224261322308308244248306344460
Total Assets 255274286337380430431439375393452521687

Below is a detailed analysis of the balance sheet data for Ador Welding Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹14.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹463.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹349.00 Cr. (Mar 2024) to ₹463.00 Cr., marking an increase of 114.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹40.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹44.00 Cr. (Mar 2024) to ₹40.00 Cr., marking a decrease of 4.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹171.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹114.00 Cr. (Mar 2024) to ₹171.00 Cr., marking an increase of 57.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹687.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹521.00 Cr. (Mar 2024) to ₹687.00 Cr., marking an increase of 166.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹175.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹128.00 Cr. (Mar 2024) to ₹175.00 Cr., marking an increase of 47.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹23.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹25.00 Cr. (Mar 2024) to ₹23.00 Cr., marking a decrease of 2.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹30.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹23.00 Cr. (Mar 2024) to ₹30.00 Cr., marking an increase of 7.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹460.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹344.00 Cr. (Mar 2024) to ₹460.00 Cr., marking an increase of 116.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹687.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹521.00 Cr. (Mar 2024) to ₹687.00 Cr., marking an increase of 166.00 Cr..

Notably, the Reserves (₹463.00 Cr.) exceed the Borrowings (40.00 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 2023Mar 2024
Cash from Operating Activity +17301220-37631379261434
Cash from Investing Activity +-9-1-8-4-110-19-21-7-5-10-37
Cash from Financing Activity +-10-11-9-91933-33-13-61-31-5-2
Net Cash Flow-218-17107-411-2212-10-1-4

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow34.0036.0028.0042.00-4.00-46.00-20.00-40.00-7.0059.0072.0047.00

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 2023Mar 2024
Debtor Days7377791076373609086515962
Inventory Days677459585660526270708175
Days Payable6278561068584677287605143
Cash Conversion Cycle787481603450458069618994
Working Capital Days564761689314611311365557380
ROCE %14%15%11%17%12%11%14%12%6%20%27%24%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters56.90%56.90%56.90%56.90%56.90%56.90%56.90%56.90%56.90%56.94%56.94%53.24%
FIIs0.22%0.20%0.31%0.23%0.32%0.22%0.13%0.30%0.10%0.06%0.05%0.06%
DIIs6.72%6.70%4.80%4.44%2.99%2.79%4.02%4.43%5.74%10.21%12.00%10.31%
Public36.16%36.19%37.99%38.42%39.78%40.08%38.96%38.38%37.25%32.78%31.02%36.39%
No. of Shareholders14,54914,72717,44318,22819,30623,20928,05930,27432,57529,28330,66541,468

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Sundaram Long Term Micro Cap Tax Advantage Fund - Series VI8,7412.71.048,0192025-03-069%
Sundaram Long Term Tax Advantage Fund - Series III8,0192.780.958,0192025-03-060%
Sundaram Long Term Tax Advantage Fund - Series IV5,2622.760.628,0192025-03-06-34.38%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 22Mar 21Mar 20Mar 19Mar 18
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 33.21-7.6321.1518.0413.54
Diluted EPS (Rs.) 33.21-7.6321.1518.0413.54
Cash EPS (Rs.) 41.220.5829.0625.1621.01
Book Value[Excl.RevalReserv]/Share (Rs.) 207.42174.66196.60192.21180.16
Book Value[Incl.RevalReserv]/Share (Rs.) 207.42174.66196.60192.21180.16
Revenue From Operations / Share (Rs.) 486.38329.18387.16377.41337.01
PBDIT / Share (Rs.) 46.9520.2139.0339.8932.05
PBIT / Share (Rs.) 38.9312.0031.1332.7724.57
PBT / Share (Rs.) 42.80-10.3424.7926.1220.66
Net Profit / Share (Rs.) 33.20-7.6321.1518.0413.54
NP After MI And SOA / Share (Rs.) 33.20-7.6321.1518.0413.54
PBDIT Margin (%) 9.656.1410.0810.569.51
PBIT Margin (%) 8.003.648.038.687.29
PBT Margin (%) 8.79-3.146.406.926.13
Net Profit Margin (%) 6.82-2.315.464.784.01
NP After MI And SOA Margin (%) 6.82-2.315.464.784.01
Return on Networth / Equity (%) 16.00-4.3610.759.387.51
Return on Capital Employeed (%) 18.336.7215.1916.3013.06
Return On Assets (%) 11.49-2.766.455.714.30
Total Debt / Equity (X) 0.000.110.300.240.33
Asset Turnover Ratio (%) 1.721.091.201.191.13
Current Ratio (X) 2.211.611.741.801.70
Quick Ratio (X) 1.351.131.361.471.39
Inventory Turnover Ratio (X) 5.535.236.336.666.33
Dividend Payout Ratio (NP) (%) 0.000.0061.4527.7036.93
Dividend Payout Ratio (CP) (%) 0.000.0044.7319.8723.79
Earning Retention Ratio (%) 0.000.0038.5572.3063.07
Cash Earning Retention Ratio (%) 0.000.0055.2780.1376.21
Interest Coverage Ratio (X) 17.164.296.165.998.19
Interest Coverage Ratio (Post Tax) (X) 10.733.124.343.714.46
Enterprise Value (Cr.) 834.28418.25321.92509.31573.44
EV / Net Operating Revenue (X) 1.260.930.610.991.25
EV / EBITDA (X) 13.0715.216.069.3913.16
MarketCap / Net Operating Revenue (X) 1.270.910.460.921.11
Retention Ratios (%) 0.000.0038.5472.2963.06
Price / BV (X) 2.981.720.921.812.08
Price / Net Operating Revenue (X) 1.270.910.460.921.11
EarningsYield 0.05-0.020.110.050.03

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 22, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 21) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 22, the value is 33.21. This value is within the healthy range. It has increased from -7.63 (Mar 21) to 33.21, marking an increase of 40.84.
  • For Diluted EPS (Rs.), as of Mar 22, the value is 33.21. This value is within the healthy range. It has increased from -7.63 (Mar 21) to 33.21, marking an increase of 40.84.
  • For Cash EPS (Rs.), as of Mar 22, the value is 41.22. This value is within the healthy range. It has increased from 0.58 (Mar 21) to 41.22, marking an increase of 40.64.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 207.42. It has increased from 174.66 (Mar 21) to 207.42, marking an increase of 32.76.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 207.42. It has increased from 174.66 (Mar 21) to 207.42, marking an increase of 32.76.
  • For Revenue From Operations / Share (Rs.), as of Mar 22, the value is 486.38. It has increased from 329.18 (Mar 21) to 486.38, marking an increase of 157.20.
  • For PBDIT / Share (Rs.), as of Mar 22, the value is 46.95. This value is within the healthy range. It has increased from 20.21 (Mar 21) to 46.95, marking an increase of 26.74.
  • For PBIT / Share (Rs.), as of Mar 22, the value is 38.93. This value is within the healthy range. It has increased from 12.00 (Mar 21) to 38.93, marking an increase of 26.93.
  • For PBT / Share (Rs.), as of Mar 22, the value is 42.80. This value is within the healthy range. It has increased from -10.34 (Mar 21) to 42.80, marking an increase of 53.14.
  • For Net Profit / Share (Rs.), as of Mar 22, the value is 33.20. This value is within the healthy range. It has increased from -7.63 (Mar 21) to 33.20, marking an increase of 40.83.
  • For NP After MI And SOA / Share (Rs.), as of Mar 22, the value is 33.20. This value is within the healthy range. It has increased from -7.63 (Mar 21) to 33.20, marking an increase of 40.83.
  • For PBDIT Margin (%), as of Mar 22, the value is 9.65. This value is below the healthy minimum of 10. It has increased from 6.14 (Mar 21) to 9.65, marking an increase of 3.51.
  • For PBIT Margin (%), as of Mar 22, the value is 8.00. This value is below the healthy minimum of 10. It has increased from 3.64 (Mar 21) to 8.00, marking an increase of 4.36.
  • For PBT Margin (%), as of Mar 22, the value is 8.79. This value is below the healthy minimum of 10. It has increased from -3.14 (Mar 21) to 8.79, marking an increase of 11.93.
  • For Net Profit Margin (%), as of Mar 22, the value is 6.82. This value is within the healthy range. It has increased from -2.31 (Mar 21) to 6.82, marking an increase of 9.13.
  • For NP After MI And SOA Margin (%), as of Mar 22, the value is 6.82. This value is below the healthy minimum of 8. It has increased from -2.31 (Mar 21) to 6.82, marking an increase of 9.13.
  • For Return on Networth / Equity (%), as of Mar 22, the value is 16.00. This value is within the healthy range. It has increased from -4.36 (Mar 21) to 16.00, marking an increase of 20.36.
  • For Return on Capital Employeed (%), as of Mar 22, the value is 18.33. This value is within the healthy range. It has increased from 6.72 (Mar 21) to 18.33, marking an increase of 11.61.
  • For Return On Assets (%), as of Mar 22, the value is 11.49. This value is within the healthy range. It has increased from -2.76 (Mar 21) to 11.49, marking an increase of 14.25.
  • For Total Debt / Equity (X), as of Mar 22, the value is 0.00. This value is within the healthy range. It has decreased from 0.11 (Mar 21) to 0.00, marking a decrease of 0.11.
  • For Asset Turnover Ratio (%), as of Mar 22, the value is 1.72. It has increased from 1.09 (Mar 21) to 1.72, marking an increase of 0.63.
  • For Current Ratio (X), as of Mar 22, the value is 2.21. This value is within the healthy range. It has increased from 1.61 (Mar 21) to 2.21, marking an increase of 0.60.
  • For Quick Ratio (X), as of Mar 22, the value is 1.35. This value is within the healthy range. It has increased from 1.13 (Mar 21) to 1.35, marking an increase of 0.22.
  • For Inventory Turnover Ratio (X), as of Mar 22, the value is 5.53. This value is within the healthy range. It has increased from 5.23 (Mar 21) to 5.53, marking an increase of 0.30.
  • For Dividend Payout Ratio (NP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
  • For Dividend Payout Ratio (CP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
  • For Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
  • For Cash Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
  • For Interest Coverage Ratio (X), as of Mar 22, the value is 17.16. This value is within the healthy range. It has increased from 4.29 (Mar 21) to 17.16, marking an increase of 12.87.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 22, the value is 10.73. This value is within the healthy range. It has increased from 3.12 (Mar 21) to 10.73, marking an increase of 7.61.
  • For Enterprise Value (Cr.), as of Mar 22, the value is 834.28. It has increased from 418.25 (Mar 21) to 834.28, marking an increase of 416.03.
  • For EV / Net Operating Revenue (X), as of Mar 22, the value is 1.26. This value is within the healthy range. It has increased from 0.93 (Mar 21) to 1.26, marking an increase of 0.33.
  • For EV / EBITDA (X), as of Mar 22, the value is 13.07. This value is within the healthy range. It has decreased from 15.21 (Mar 21) to 13.07, marking a decrease of 2.14.
  • For MarketCap / Net Operating Revenue (X), as of Mar 22, the value is 1.27. This value is within the healthy range. It has increased from 0.91 (Mar 21) to 1.27, marking an increase of 0.36.
  • For Retention Ratios (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 21) which recorded 0.00.
  • For Price / BV (X), as of Mar 22, the value is 2.98. This value is within the healthy range. It has increased from 1.72 (Mar 21) to 2.98, marking an increase of 1.26.
  • For Price / Net Operating Revenue (X), as of Mar 22, the value is 1.27. This value is within the healthy range. It has increased from 0.91 (Mar 21) to 1.27, marking an increase of 0.36.
  • For EarningsYield, as of Mar 22, the value is 0.05. This value is below the healthy minimum of 5. It has increased from -0.02 (Mar 21) to 0.05, marking an increase of 0.07.

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 March 12, 2025 is: ₹826.82

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 March 12, 2025, Ador Welding Ltd is Overvalued by 8.94% compared to the current share price 908.00

Intrinsic Value of Ador Welding Ltd as of March 12, 2025 is: 1,699.13

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 March 12, 2025, Ador Welding Ltd is Undervalued by 87.13% compared to the current share price 908.00

Last 5 Year EPS CAGR: 105.50%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 15.25%, which is a positive sign.
  2. The company has higher reserves (253.08 cr) compared to borrowings (30.62 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (479.46 cr) and profit (38.62 cr) over the years.
  1. The stock has a high average Working Capital Days of 80.83, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 67.92, 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: 6.82%
      • 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: 18.33% (Industry Average ROCE: 29.82%)
      • 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%: 16% (Industry Average ROE: 22.1%)
      • 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): 10.73
      • 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: 1.35
      • 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: 20.2 (Industry average Stock P/E: 37.93)
      • 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. 883.83 Cr. and Equity Capital is Rs. 13.60 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Welding EquipmentsAdor House, 6, K Dubash Marg, Mumbai Maharashtra 400001investorservices@adorians.com
http://www.adorwelding.com
Management
NamePosition Held
Mrs. Ninotchka Malkani NagpalExecutive Chairman
Mr. A T MalkaniManaging Director
Mr. D A LalvaniNon Executive Director
Mr. R A MirchandaniNon Executive Director
Ms. Tanya H AdvaniNon Executive Director
Mr. P K GuptaInd. Non-Executive Director
Mr. R N SapruInd. Non-Executive Director
Mr. K Digvijay SinghInd. Non-Executive Director
Mr. G M LalwaniInd. Non-Executive Director
Mrs. Nita Dempo MirchandaniInd. Non-Executive Director
Mr. N S MarshallInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Ador Welding Ltd?

The latest intrinsic value of Ador Welding Ltd as on 12 March 2025 is 826.82, which is 8.94% lower than the current market price of 908.00, indicating the stock is overvalued by 8.94%. The intrinsic value of Ador Welding Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹1,580 Cr. and recorded a high/low of ₹1,650/777 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹463 Cr and total liabilities of ₹687 Cr.

What is the Market Cap of Ador Welding Ltd?

The Market Cap of Ador Welding Ltd is 1,580 Cr..

What is the current Stock Price of Ador Welding Ltd as on 12 March 2025?

The current stock price of Ador Welding Ltd as on 12 March 2025 is ₹908.

What is the High / Low of Ador Welding Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Ador Welding Ltd stocks is ₹1,650/777.

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

The Stock P/E of Ador Welding Ltd is 20.2.

What is the Book Value of Ador Welding Ltd?

The Book Value of Ador Welding Ltd is 274.

What is the Dividend Yield of Ador Welding Ltd?

The Dividend Yield of Ador Welding Ltd is 2.04 %.

What is the ROCE of Ador Welding Ltd?

The ROCE of Ador Welding Ltd is 24.2 %.

What is the ROE of Ador Welding Ltd?

The ROE of Ador Welding Ltd is 18.3 %.

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