| Revenue growth | Q4 revenue grew 3% YoY; FY total ₹1,135cr. |
|---|---|
| Margins | EBITDA expanded 200 bps to 12%; 100 bps further improvement targeted. |
| Order book | Short-cycle order book, rotating every 80-85 days via distribution. |
| Demand visibility | Positive visibility in shipbuilding, renewables, and automotive sectors. |
| Management confidence | Balanced, focus on core welding business and margin recovery. |
Growth
Growth is primarily driven by margin expansion and segment mix, with volume growth remaining roughly in line with modest revenue increases.
Outlook
Targeting 100-200 bps EBITDA margin improvement through FY27 and capex of ₹35-40cr annually for capacity expansion.
Risks
Inflationary pressures, supply chain shocks in the Middle East, and sluggish execution in project-based segments remain key downside triggers.
Earnings Call filed with NSE, NSE: ADOR. Summary written with AI assistance from the document.
Ador Welding Ltd: key numbers
- Share price
- ₹1,486.40
- Market cap
- ₹2,587 Cr
- Revenue (annual)
- ₹1,140 Cr
- Net profit (annual)
- ₹81.98 Cr
- P/E (TTM)
- 22.4×Sector 51.9×
- Promoter holding
- 53.65%-0.11% QoQ
- FII holding
- 1.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ador Welding Ltd
All →Ador Welding Promoter Buying (Off-Market)
Aditya Tarachand Malkani received 1,30,442 shares from Rajbir Malkani by way of inter-se gift. His holding rose from 1.79% to 2.54% of Ador Welding.
- Promoter stake change
- +0.75%
Ador Welding Capital Structure Change
Clarus Trust bought 5,027 Ador Welding shares on October 22, 2026, lifting its stake to 7.02%. The open-market purchase triggered a SAST Regulation 29(2) disclosure.
Ador Welding Earnings Call Transcript: Key Takeaways
Ador Welding delivered strong 23% revenue growth, but severe raw material inflation (steel/electronics) caused a sharp gross margin dip to 34.2%.
- Call
- Guides 200% growth
Ador Welding Investor Presentation: Key Takeaways
Ador Welding delivered strong Q2 FY27 performance with 23% YoY revenue growth, driven by healthy demand in core industries like infrastructure and railways.
Ador Welding Other Announcement
Ador Welding Ltd has filed its quarterly shareholding pattern for the period ending September 30, 2026, as per regulatory requirements.
Ador Welding Dividend
ADOR Welding declared an interim dividend of ₹7.5 per equity share. Record date is 30 October 2026 with payment by 19 November 2026.