Ador Welding Limited Logo

Ador Welding Limited

ADORWELD.NS

(2.0)
Stock Price

1.340,00 INR

14.59% ROA

41.06% ROE

30.54x PER

Market Cap.

21.291.171.450,00 INR

10.05% DER

1.12% Yield

7.68% NPM

Ador Welding Limited Stock Analysis

Ador Welding Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ador Welding Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (44.51%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 PBV

With a remarkably low PBV ratio (0x), the stock offers substantial upside potential at a bargain price.

3 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

6 ROA

The stock's ROA (0%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-13.407), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Ador Welding Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ador Welding Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Ador Welding Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ador Welding Limited Revenue
Year Revenue Growth
2006 2.558.284.000
2007 2.605.480.000 1.81%
2008 2.238.381.000 -16.4%
2009 2.607.335.000 14.15%
2010 2.943.735.000 11.43%
2011 3.409.063.000 13.65%
2012 3.640.164.000 6.35%
2013 3.718.300.000 2.1%
2014 3.860.600.000 3.69%
2015 4.083.300.000 5.45%
2016 4.415.000.000 7.51%
2017 4.570.100.000 3.39%
2018 5.110.100.000 10.57%
2019 5.243.200.000 2.54%
2020 4.457.400.000 -17.63%
2021 6.570.000.000 32.16%
2022 7.767.600.000 15.42%
2023 9.038.400.000 14.06%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ador Welding Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 35.600.000 100%
2019 30.800.000 -15.58%
2020 29.000.000 -6.21%
2021 33.200.000 12.65%
2022 44.100.000 24.72%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ador Welding Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 292.141.000 100%
2008 245.693.000 -18.9%
2009 240.643.000 -2.1%
2010 250.524.000 3.94%
2011 293.685.000 14.7%
2012 0 0%
2013 0 0%
2014 0 0%
2015 111.300.000 100%
2016 49.000.000 -127.14%
2017 47.900.000 -2.3%
2018 47.400.000 -1.05%
2019 45.300.000 -4.64%
2020 52.300.000 13.38%
2021 60.200.000 13.12%
2022 79.800.000 24.56%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ador Welding Limited EBITDA
Year EBITDA Growth
2006 483.283.000
2007 456.347.000 -5.9%
2008 370.899.000 -23.04%
2009 505.750.000 26.66%
2010 489.456.000 -3.33%
2011 414.449.000 -18.1%
2012 340.057.000 -21.88%
2013 392.000.000 13.25%
2014 315.900.000 -24.09%
2015 480.800.000 34.3%
2016 389.100.000 -23.57%
2017 389.100.000 0%
2018 435.500.000 10.65%
2019 524.100.000 16.91%
2020 119.500.000 -338.58%
2021 547.100.000 78.16%
2022 924.200.000 40.8%
2023 1.216.400.000 24.02%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ador Welding Limited Gross Profit
Year Gross Profit Growth
2006 918.788.000
2007 967.966.000 5.08%
2008 839.589.000 -15.29%
2009 960.803.000 12.62%
2010 998.420.000 3.77%
2011 998.371.000 -0%
2012 1.263.418.000 20.98%
2013 1.262.500.000 -0.07%
2014 1.210.600.000 -4.29%
2015 1.164.400.000 -3.97%
2016 1.052.400.000 -10.64%
2017 1.047.500.000 -0.47%
2018 1.206.300.000 13.16%
2019 1.344.000.000 10.25%
2020 1.003.900.000 -33.88%
2021 1.571.700.000 36.13%
2022 2.536.400.000 38.03%
2023 3.042.800.000 16.64%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ador Welding Limited Net Profit
Year Net Profit Growth
2006 323.468.000
2007 225.601.000 -43.38%
2008 121.609.000 -85.51%
2009 255.969.000 52.49%
2010 256.911.000 0.37%
2011 208.911.000 -22.98%
2012 168.800.000 -23.76%
2013 -51.100.000 430.33%
2014 318.600.000 116.04%
2015 223.900.000 -42.3%
2016 184.400.000 -21.42%
2017 184.100.000 -0.16%
2018 245.400.000 24.98%
2019 287.700.000 14.7%
2020 -103.800.000 377.17%
2021 451.600.000 122.98%
2022 592.900.000 23.83%
2023 783.200.000 24.3%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ador Welding Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 24
2007 17 -43.75%
2008 9 -100%
2009 19 55.56%
2010 19 0%
2011 15 -20%
2012 12 -25%
2013 -4 500%
2014 23 113.04%
2015 16 -43.75%
2016 13 -23.08%
2017 14 0%
2018 18 27.78%
2019 19 5.26%
2020 -8 371.43%
2021 33 121.21%
2022 44 23.26%
2023 58 24.56%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ador Welding Limited Free Cashflow
Year Free Cashflow Growth
2006 24.675.000
2007 -25.478.000 196.85%
2008 110.358.000 123.09%
2009 205.822.000 46.38%
2010 163.007.000 -26.27%
2011 169.870.000 4.04%
2012 1.700.000 -9892.35%
2013 34.000.000 95%
2014 -73.000.000 146.58%
2015 76.500.000 195.42%
2016 -162.900.000 146.96%
2017 -457.400.000 64.39%
2018 444.400.000 202.93%
2019 -83.200.000 634.13%
2020 699.200.000 111.9%
2021 90.600.000 -671.74%
2022 -10.800.000 938.89%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ador Welding Limited Operating Cashflow
Year Operating Cashflow Growth
2006 322.022.000
2007 296.403.000 -8.64%
2008 325.477.000 8.93%
2009 240.918.000 -35.1%
2010 275.583.000 12.58%
2011 298.505.000 7.68%
2012 145.300.000 -105.44%
2013 182.500.000 20.38%
2014 19.800.000 -821.72%
2015 226.900.000 91.27%
2016 1.800.000 -12505.56%
2017 -368.200.000 100.49%
2018 635.900.000 157.9%
2019 136.600.000 -365.52%
2020 790.200.000 82.71%
2021 263.900.000 -199.43%
2022 136.700.000 -93.05%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ador Welding Limited Capital Expenditure
Year Capital Expenditure Growth
2006 297.347.000
2007 321.881.000 7.62%
2008 215.119.000 -49.63%
2009 35.096.000 -512.94%
2010 112.576.000 68.82%
2011 128.635.000 12.48%
2012 143.600.000 10.42%
2013 148.500.000 3.3%
2014 92.800.000 -60.02%
2015 150.400.000 38.3%
2016 164.700.000 8.68%
2017 89.200.000 -84.64%
2018 191.500.000 53.42%
2019 219.800.000 12.88%
2020 91.000.000 -141.54%
2021 173.300.000 47.49%
2022 147.500.000 -17.49%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ador Welding Limited Equity
Year Equity Growth
2006 1.157.641.000
2007 1.255.966.000 7.83%
2008 1.313.937.000 4.41%
2009 1.474.764.000 10.91%
2010 1.636.533.000 9.88%
2011 1.750.932.000 6.53%
2012 1.822.854.000 3.95%
2013 1.684.600.000 -8.21%
2014 2.025.100.000 16.81%
2015 2.167.200.000 6.56%
2016 2.351.600.000 7.84%
2017 2.450.200.000 4.02%
2018 2.614.000.000 6.27%
2019 2.673.800.000 2.24%
2020 2.375.400.000 -12.56%
2021 2.820.900.000 15.79%
2022 3.235.100.000 12.8%
2023 3.298.500.000 1.92%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ador Welding Limited Assets
Year Assets Growth
2006 1.642.377.000
2007 1.657.981.000 0.94%
2008 1.699.502.000 2.44%
2009 1.852.293.000 8.25%
2010 2.103.948.000 11.96%
2011 2.330.206.000 9.71%
2012 2.659.695.000 12.39%
2013 2.804.000.000 5.15%
2014 2.841.500.000 1.32%
2015 3.351.600.000 15.22%
2016 3.779.700.000 11.33%
2017 4.281.300.000 11.72%
2018 4.290.900.000 0.22%
2019 4.454.300.000 3.67%
2020 3.752.100.000 -18.71%
2021 3.928.200.000 4.48%
2022 4.516.800.000 13.03%
2023 4.786.000.000 5.62%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ador Welding Limited Liabilities
Year Liabilities Growth
2006 484.736.000
2007 402.015.000 -20.58%
2008 385.565.000 -4.27%
2009 377.529.000 -2.13%
2010 467.415.000 19.23%
2011 579.274.000 19.31%
2012 836.841.000 30.78%
2013 1.119.400.000 25.24%
2014 816.400.000 -37.11%
2015 1.184.400.000 31.07%
2016 1.428.100.000 17.06%
2017 1.831.100.000 22.01%
2018 1.676.900.000 -9.2%
2019 1.780.500.000 5.82%
2020 1.376.700.000 -29.33%
2021 1.107.300.000 -24.33%
2022 1.281.700.000 13.61%
2023 1.487.500.000 13.84%

Ador Welding Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
624.83
Net Income per Share
51.28
Price to Earning Ratio
30.54x
Price To Sales Ratio
2.51x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
6.45
EV to Sales
2.54
EV Over EBITDA
20.2
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.03
FreeCashFlow Yield
0
Market Cap
21,29 Bil.
Enterprise Value
21,60 Bil.
Graham Number
529.03
Graham NetNet
30.33

Income Statement Metrics

Net Income per Share
51.28
Income Quality
0
ROE
0.43
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.74
EBT Per Ebit
1.02
Ebit per Revenue
0.1
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.33
Operating Profit Margin
0.1
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.01
Dividend Yield %
1.12
Payout Ratio
0
Dividend Per Share
17.5

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.19
Return on Tangible Assets
0.15
Days Sales Outstanding
58.53
Days Payables Outstanding
50.3
Days of Inventory on Hand
82.51
Receivables Turnover
6.24
Payables Turnover
7.26
Inventory Turnover
4.42
Capex per Share
0

Balance Sheet

Cash per Share
17,35
Book Value per Share
242,59
Tangible Book Value per Share
241.92
Shareholders Equity per Share
242.59
Interest Debt per Share
26.62
Debt to Equity
0.1
Debt to Assets
0.07
Net Debt to EBITDA
0.29
Current Ratio
2.2
Tangible Asset Value
3,29 Bil.
Net Current Asset Value
1,58 Bil.
Invested Capital
0.1
Working Capital
1,67 Bil.
Intangibles to Total Assets
0
Average Receivables
0,68 Bil.
Average Payables
0,39 Bil.
Average Inventory
642300000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ador Welding Limited Dividends
Year Dividends Growth
2002 2
2003 3 0%
2004 3 0%
2005 13 84.62%
2006 10 -30%
2007 12 16.67%
2008 8 -50%
2009 4 -100%
2010 6 33.33%
2011 6 0%
2012 6 0%
2013 6 0%
2014 5 -20%
2015 5 0%
2016 5 0%
2017 5 0%
2018 5 0%
2019 7 16.67%
2020 7 0%
2022 13 50%
2023 18 29.41%

Ador Welding Limited Profile

About Ador Welding Limited

Ador Welding Limited manufactures and supplies welding equipment, consumables, and automation solutions in India and internationally. The company operates through three segments: Consumables; Equipments and Automation; and Flares & Process Equipment. It provides welding electrodes, including mild steel general purpose, mild steel special, low alloy high tensile, cellulosic, hard facing, stainless steel, gouging and cutting, cast iron, and non-ferrous electrodes; wires and fluxes products comprising submerged arc welding fluxes and wires, and flux cored arc welding products, as well as metal cored arc wire, gas metal arc welding (GMAW), and gas tungsten arc welding (GTAW) products; and brazing rods and fluxes. The company also offers welding and cutting equipment, such as air plasma cutting, submerged arc welding, advanced multipurpose synergic, GMAW, TIG Welding, and MMA equipment; gas cutting products, gas cutting-welding accessories, flares and process equipment, and personal protective equipment; and CNC cutting machines. In addition, it engages in the designing, manufacturing, erection, commissioning, mechanical, electrical, and instrumentation of process packages, process equipment, and flare system and components, as well as undertakes various EPC contracts. Further, the company provides welding automation products consisting of robotic systems, columns, booms, positioners, rotators, and special purpose machines; and offers skill development services. It serves pipeline, oil and gas, power, heavy engineering, shipbuilding, railway, automotive, infrastructure, transportation, and mobility sectors. The company was formerly known as Advani-Oerlikon Ltd. The company was incorporated in 1951 and is headquartered in Mumbai, India. Ador Welding Limited is a subsidiary of J. B. Advani & Company Private Limited.

CEO
Ms. Ninotchka Malkani Nagpal
Employee
596
Address
Ador House
Mumbai, 400001

Ador Welding Limited Executives & BODs

Ador Welding Limited Executives & BODs
# Name Age
1 Mr. Sachin H. Dobhada
Head of Research, Development & Quality
70
2 Mr. Rakesh Choudhary
Head of Welding Automation Products & Services
70
3 Laxmiprasad Bansod
Head of IT
70
4 Mr. Suryakant V. Sethia
Chief Financial Officer and Deputy GM of Finance & Accounts
70
5 Mr. Vinayak M. Bhide
Head of Corporate Administration, IA, KM, Legal & Compliance Officer and Company Secretary
70
6 Mr. S. Ajay Kumar
Head of International Welding Business
70
7 Mr. Vineet H. Bansal
Head of India Welding Business & Customer Success
70
8 Ms. Ninotchka Malkani Nagpal
Executive Chairman
70
9 Mr. Aditya Tarachand Malkani B.A., M.B.A., MBA
MD & Director
70
10 Mr. Sunanda Kumar Palit
Head of Strategy & Customer Experience
70

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