ADOR WELDING LTD (ADOR) financials

ADOR WELDING LTD (ADOR) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Ador Welding Ltd is a leading player in the field of Welding Products, Technologies and Services. It is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals and other sectors.[1]

Market Cap: ₹2,707Cr.
Current Price: ₹1,557
Stock P/E: 22.6
ROE: 16.4%
ROCE: 22.7%
Book Value: ₹324
Dividend Yield: 1.48%
52W High / Low: ₹1,766/848

In Jun 2026, ADOR WELDING LTD (ADOR) reported sales ₹309 Cr and net profit ₹27 Cr.

Annual TTM: sales ₹1,194 Cr, net profit ₹114 Cr.

Shareholding: Promoters 53.76% (Jun 2026), FIIs 1.05% (Jun 2026), DIIs 10.47% (Jun 2026), Public 34.72% (Jun 2026), No. of Shareholders 35,275% (Jun 2026).

ADOR quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	268	273	308	251	280	287	318	309
Expenses	247	249	277	255	245	243	271	273
Operating Profit	21	24	31	-4	35	44	47	35
OPM %	8%	9%	10%	-1.8%	12%	15%	15%	11%
Other Income	-36	4	4	5	5	-2	3	7
Interest	1	1	1	1	1	0	0	1
Depreciation	4	5	5	5	5	5	5	5
Profit before tax	-21	23	30	-5	34	36	45	37
Tax %	-25%	26%	26%	-24%	25%	26%	26%	25%
Net Profit	-16	17	22	-3	26	27	34	27
EPS in Rs	-11.83	9.66	12.64	-1.99	14.72	15.57	19.27	15.72
Raw PDF	—	—	—	—	—	—	—	—

ADOR profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	526	447	661	777	1,067	1,117	1,135	1,194
Expenses	484	425	601	688	946	1,011	1,013	1,032
Operating Profit	42	22	61	89	121	105	123	161
OPM %	8%	5.0%	9%	11%	11%	9%	11%	14%
Other Income	9	-19	14	6	21	-23	11	13
Interest	10	8	6	4	6	6	4	2
Depreciation	11	11	11	12	15	18	19	20
Profit before tax	30	-16	58	79	121	59	111	152
Tax %	15%	-24%	23%	25%	26%	26%	26%	—
Net Profit	26	-12	45	59	89	43	83	114
EPS in Rs	18.84	-8.82	33.11	43.60	65.71	24.97	47.58	65.28
Dividend Payout %	34%	0%	38%	40%	37%	80%	48%	—

ADOR balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	14	14	14	14	14	14	17	17
Reserves	250	235	224	268	310	485	498	546
Borrowings	65	82	29	2	17	45	2	3
Other Liabilities	103	108	108	109	111	158	180	271
Total Liabilities	431	439	375	393	452	701	698	838
Fixed Assets	115	125	116	117	123	156	196	204
CWIP	1	0	3	7	2	25	4	3
Investments	7	6	12	20	20	56	32	47
Other Assets	308	308	244	248	306	463	466	584
Total Assets	431	439	375	393	452	701	698	838

ADOR cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	63	13	79	26	14	58	139	117
Cash from Investing Activity	-19	-21	-7	-5	-10	-42	-19	-67
Cash from Financing Activity	-33	-13	-61	-31	-5	-19	-93	-38
Net Cash Flow	11	-22	12	-10	-1	-4	26	12
Free Cash Flow	44	-9	71	28	0	16	100	95
CFO/OP	164%	58%	348%	67%	36%	75%	154%	122%

ADOR shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	56.94%	53.24%	53.71%	53.71%	53.73%	53.74%	53.76%	53.76%
FIIs	0.05%	0.06%	0.03%	0.07%	0.09%	0.14%	0.37%	1.05%
DIIs	12.00%	10.31%	11.00%	11.85%	12.44%	12.56%	12.63%	10.47%
Public	31.02%	36.39%	35.27%	34.37%	33.76%	33.57%	33.26%	34.72%
No. of Shareholders	30,665	41,468	40,702	38,889	37,949	36,356	35,567	35,275

ADOR key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	60	90	86	51	59	61	63	75
Inventory Days	52	62	70	70	81	77	64	78
Days Payable	67	72	87	60	51	45	62	100
Cash Conversion Cycle	45	80	69	61	89	93	64	53
Working Capital Days	66	56	42	54	65	61	60	53
ROCE %	14%	12%	6%	20%	27%	28%	20%	23%

ADORUpdated 15 Oct 2026, 0:34

Ador Welding Ltd

ADORUpdated 15 Oct 2026, 0:34

Market Cap

₹2,707Cr.

Current Price

₹1,557

High / Low

₹1,766/848

Stock P/E

22.6

ROE16.4%

ROCE22.7%

Book Value₹324

Face Value₹10.0

Dividend Yield1.48%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	190	1	174	3	3	15	25	11	8.27
Sep 2023	276	1	239	4	4	36	25	27	19.62
Dec 2023	260	1	232	5	4	28	28	20	14.68
Mar 2024	296	1	263	7	4	34	26	25	18.72
Jun 2024	268	1	240	6	4	28	25	21	15.27
Sep 2024	268	1	247	-36	4	-21	-25	-16	-11.83
Dec 2024	273	1	249	4	5	23	26	17	9.66
Mar 2025	308	1	277	4	5	30	26	22	12.64
Jun 2025	251	1	255	5	5	-5	-24	-3	-1.99
Sep 2025	280	1	245	5	5	34	25	26	14.72
Dec 2025	287	0	243	-2	5	36	26	27	15.57
Mar 2026	318	0	271	3	5	45	26	34	19.27
Jun 2026	309	1	273	7	5	37	25	27	15.72

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	387	1	358	34	12	48	33	32	23.8
Mar 2016	407	2	365	3	12	32	29	23	16.66
Mar 2017	441	2	410	9	11	27	33	18	13.32
Mar 2018	458	6	423	10	10	28	34	19	13.65
Mar 2019	512	11	468	10	10	35	31	24	17.54
Mar 2020	526	10	484	9	11	30	15	26	18.84
Mar 2021	447	8	425	-19	11	-16	-24	-12	-8.82
Mar 2022	661	6	601	14	11	58	23	45	33.11
Mar 2023	777	4	688	6	12	79	25	59	43.6
Mar 2024	1067	6	946	21	15	121	26	89	65.71
Mar 2025	1117	6	1011	-23	18	59	26	43	24.97
Mar 2026	1135	4	1013	11	19	111	26	83	47.58
TTM	1194	2	1032	13	20	152	—	114	65.28

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	53.76%
FIIs	1.05%
DIIs	10.47%
Public	34.72%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	56.9%	0.13%	4.02%	38.96%
Dec 2023	56.9%	0.3%	4.43%	38.38%
Mar 2024	56.9%	0.1%	5.74%	37.25%
Jun 2024	56.94%	0.06%	10.21%	32.78%
Sep 2024	56.94%	0.05%	12%	31.02%
Dec 2024	53.24%	0.06%	10.31%	36.39%
Mar 2025	53.71%	0.03%	11%	35.27%
Jun 2025	53.71%	0.07%	11.85%	34.37%
Sep 2025	53.73%	0.09%	12.44%	33.76%
Dec 2025	53.74%	0.14%	12.56%	33.57%
Mar 2026	53.76%	0.37%	12.63%	33.26%
Jun 2026	53.76%	1.05%	10.47%	34.72%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	14	190	0	82	286	96	2	7	182	286
Mar 2016	14	205	0	118	337	99	1	12	224	337
Mar 2017	14	224	35	107	380	101	4	14	261	380
Mar 2018	14	234	81	102	430	102	1	6	322	430
Mar 2019	14	250	65	103	431	115	1	7	308	431
Mar 2020	14	235	82	108	439	125	0	6	308	439
Mar 2021	14	224	29	108	375	116	3	12	244	375
Mar 2022	14	268	2	109	393	117	7	20	248	393
Mar 2023	14	310	17	111	452	123	2	20	306	452
Mar 2024	14	485	45	158	701	156	25	56	463	701
Mar 2025	17	498	2	180	698	196	4	32	466	698
Mar 2026	17	546	3	271	838	204	3	47	584	838

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	1	-8	-9	-17
Mar 2016	22	-4	-9	10
Mar 2017	0	-11	19	7
Mar 2018	-37	0	33	-4
Mar 2019	63	-19	-33	11
Mar 2020	13	-21	-13	-22
Mar 2021	79	-7	-61	12
Mar 2022	26	-5	-31	-10
Mar 2023	14	-10	-5	-1
Mar 2024	58	-42	-19	-4
Mar 2025	139	-19	-93	26
Mar 2026	117	-67	-38	12

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	79	107	63	73	60	90	86	51	59	61	63	75
Inventory Days	59	58	56	60	52	62	70	70	81	77	64	78
Days Payable	56	106	85	84	67	72	87	60	51	45	62	100
Cash Conversion Cycle	81	60	34	50	45	80	69	61	89	93	64	53
Working Capital Days	61	68	64	81	66	56	42	54	65	61	60	53
ROCE %	11%	17%	12%	11%	14%	12%	6%	20%	27%	28%	20%	23%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ADOR WELDING LTD (ADOR)?

The reported market capitalisation for ADOR WELDING LTD (ADOR) is ₹2,707Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ADOR?

The current price shown for ADOR WELDING LTD (ADOR) on Fincrux is ₹1,557 with a 52-week high/low of ₹1,766/848.

What is the P/E ratio of ADOR WELDING LTD (ADOR)?

The stock P/E for ADOR WELDING LTD (ADOR) is 22.6 on Fincrux, with ROE at 16.4% and ROCE at 22.7%.

What were ADOR latest quarterly results?

For Jun 2026, ADOR WELDING LTD (ADOR) reported sales ₹309 Cr and net profit ₹27 Cr (figures in ₹ crore unless noted).

What are ADOR annual sales and net profit?

For TTM, ADOR WELDING LTD (ADOR) shows sales of ₹1,194 Cr and net profit of ₹114 Cr on the Fincrux profit & loss statement.

Who owns ADOR WELDING LTD (ADOR)?

Latest shareholding for ADOR WELDING LTD (ADOR) on Fincrux: Promoters 53.76% (Jun 2026), FIIs 1.05% (Jun 2026), DIIs 10.47% (Jun 2026), Public 34.72% (Jun 2026), No. of Shareholders 35,275% (Jun 2026).

Where can I find ADOR WELDING LTD (ADOR) financials?

ADOR WELDING LTD (ADOR) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ADOR balance sheet and cash flow?

Yes. The ADOR WELDING LTD (ADOR) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 15 October 2026 at 0:34