Ador Welding

₹1,457As of Sun 8 Nov 2026, 12:00 UTC

NSE:ADORIndustrials

Country India

PE (Fwd) 26.28

TSR 10Y CAGR 18.36%

Div yield 1.58%

ROE —

Specialty Industrial Machinery

Beta (5Y) 0.63

PE TTM 30.96

TSR TTM 39.05%

Mkt cap ₹24.79B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹1,624

11.47%

(70.16%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

11.40

Revenue₹B

—

6.615

7.768

10.74

11.23

11.40

12.38

14.58%

1.54

Revenue growth%

—

17.43

38.22

4.57

1.54

8.57

11.00

—

37.46

Gross margin%

—

28.97

32.17

35.30

34.92

37.46

37.56

34.92

11.37

Operating margin%

—

7.60

10.18

10.16

8.07

11.37

11.45

10.16

7.19

Net margin%

—

6.81

7.63

8.05

5.35

7.19

7.22

7.19

30.96

P/E ratio (avg)x

—

19.02

19.20

26.56

36.37

21.68

28.41

21.68

19.58

EV/EBITx

—

17.02

14.40

21.05

24.10

13.71

17.91

17.02

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

47.07

EPS₹

—

33.11

43.60

49.68

34.51

47.07

51.28

9.19%

—

36.40

EPS growth%

—

31.70

13.95

(30.55)

36.40

8.96

22.82

—

Bookvalue per sh₹

—

FCF per share₹

—

23.00

Dividend per sh₹

—

12.50

17.50

18.50

20.00

23.00

24.24

16.47%

—

1.58

Div yield (avg)%

—

1.99

2.09

1.40

1.59

2.25

1.66

1.99

48.87

Payout ratio%

—

37.76

40.14

37.23

57.96

48.87

47.28

40.14

17.42

Shares (diluted)M

—

13.60

17.40

17.42

◌17.42

6.38%

(0.09)

Buyback yield%

—

(27.98)

—

(0.09)

◌—

(0.04)

—

D/E ratiox

—

25.38

Enterprise value₹B

—

8.562

11.38

22.96

21.84

17.77

25.38

20.03%

—

LT debt₹M

—

Peers (US$261.2M)

Cap (US$)

Kabra Extrusiontechnik…

274.3M

625.7x

PIX Transmissions…

247.3M

16.49x

Macpower CNC Machines…

242.9M

53.05x

Asia Metal Industries…

261.1M

30.13x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

58.90

26.74

Own earn%

—

Sh yield%

1.49

1.84

Owners

Insiders/Inst%

11.33

13.57

Short interest%

—

SBC / revenue%

0.15

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

8–11

$1 testx

—

Incr. ROIC%

—

Ador Welding Limited manufactures and supplies welding equipment, consumables, and automation solutions in India and internationally. The company operates in two segments, Welding, and Flares & Process Equipment.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹11.40B

14.58%

1.00×

Cost of revenue

₹7.130B

10.99%

0.88×

Operating expenses

₹2.974B

20.45%

1.22×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m