A

Ador Welding Limited

ADORNSE
Market snapshot · 2026-08-12 09:32 UTC

1,479.10

₹-26.50 (-1.76%)

MARKET CAP

₹2.57K Cr

STOCK P/E

22.7x

52W HIGH

₹1,597.00

52W LOW

₹848.00

BOOK VALUE

₹318.60

EPS

₹65.14

ROE

SECTOR

Industrials

DEBT/EQUITY

0.40

VOLUME

12,173

P/B RATIO

4.64x

PEG RATIO

0.32

Sector

Industrials

Themes

Industrial MachineryGirish Gulati Portfolio
D
Dividend
₹1,493.90₹1,333.95₹1,173.99₹1,014.04₹854.08VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 37.6% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.89). Confidence: 83%.

Live forward EPS implies next-12-month EPS of ₹74.60. Applying the stock's normalized valuation corridor produces a fair range of ₹1,154.06 to ₹1,503.94, with base value near ₹1,253.28 (-16.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹74.60

Forward P/E

20.2x

Base Fair Value

₹1,253.28

Fair Range

₹1,154.06 - ₹1,503.94

Upside To Base

-16.8%

Estimate Source

Live forward EPS

Growth Estimate

+73.0%

P/E
Strongly Overvalued

5Y Average

15.43

Current

23.11

Overvalued

20.16

Undervalued

15.47

EV/EBITDA
Strongly Overvalued

5Y Average

9.66

Current

14.47

Overvalued

11.57

Undervalued

7.65

P/B
Strongly Overvalued

5Y Average

3.54

Current

4.73

Overvalued

4.07

Undervalued

3.01

Peers & Comparison

Sector: Industrials · Theme: Industrial Machinery

Industrial Machinery Peers5 peers
Avg P/E: 47.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SHAKTI PUMPS (I) LTD
SHAKTIPUMPIndustrial Machinery
+37.9%7.2%
29.8x
Undervalued
-38% vs avg
-41.4%
KIRLOSKAR PNEUMATIC COM L
KIRLPNUIndustrial Machinery
+7.6%14.5%
36.9x
Undervalued
-23% vs avg
+13.5%
VESUVIUS INDIA LTD
VESUVIUSIndustrial Machinery
+3.7%12.3%
35.9x
Undervalued
-25% vs avg
-10.5%
OMNITECH ENGINEERING LTD
OMNIIndustrial Machinery
+61.5%18.1%
71.2x
Premium
+49% vs avg
+169.8%
CYIENT DLM LIMITED
CYIENTDLMIndustrial Machinery
+34.3%6.1%
65.1x
Premium
+36% vs avg
+65.0%
WHY THESE PEERS

ADOR WELDING LTD trades at a discount (23.1x vs peer avg 47.8x), suggesting potential undervaluation relative to the Industrial Machinery cohort. Peers include SHAKTI PUMPS (I) LTD, KIRLOSKAR PNEUMATIC COM L, VESUVIUS INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹309 CrJun 2026

Latest net profit

₹27 CrJun 2026

Latest EPS

₹15.72Jun 2026

Net margin

11.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-5.0%0.0%5.0%10.0%15.0%-110 Cr0.00 Cr110 Cr220 Cr330 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr80 Cr160 Cr240 Cr320 Cr₹-7₹0₹7₹14₹21
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr80 Cr160 Cr240 Cr320 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr250 Cr500 Cr750 Cr1.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +190276260296268268273308251280287318309
Expenses +174239232263240247249277255245243271273
Operating Profit1636283328212431-435444735
OPM %8%13%11%11%10%8%9%10%-1.8%12%15%15%11%
Other Income +34576-364455-237
Interest1111111111001
Depreciation3444445555555
Profit before tax1536283428-212330-534364537
Tax %25%25%28%26%25%-25%26%26%-24%25%26%26%25%
Net Profit +1127202521-161722-326273427
EPS in Rs8.2719.6214.6818.7215.27-11.839.6612.64-1.9914.7215.5719.2715.72
Raw PDF
YOY Sales Growth %20.11%49.06%30.94%25.59%41.41%-2.83%4.99%4.15%-6.57%4.57%5.14%3.24%23.19%
Material Cost %68%64%63%65%63%65%64%66%61%62%62%64%64%
Employee Cost %9%9%10%8%10%11%10%8%11%10%10%9%10%
Exceptional items0.000.000.000.000.00-41.720.00-1.380.000.00-5.90-2.410.00
Other income normal3.024.264.946.985.585.484.145.295.374.733.925.627.02
Exceptional items AT00000-380-100-4-20
Profit excl Excep1127202521221723-326313527
Profit for PE1127202521221723-326313527
Profit for EPS1127202521-161722-326273427
YOY Profit Growth %-0%167%21%15%85%-18%-16%-10%-117%18%87%54%890%

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +53.71%53.73%53.74%53.76%53.76%
FIIs +0.07%0.09%0.14%0.37%1.05%
DIIs +11.85%12.44%12.56%12.63%10.47%
Public +34.37%33.76%33.57%33.26%34.72%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Jul 30, 2026PDFCompany Reports Open

Board Meeting Outcome for Outcome Of The Board Meeting Held On 30Th July, 2026

Jul 30, 2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Jul 24, 2026PDFCompany Reports Open