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Earnings Call

Ador Welding Earnings Call: Key Takeaways

Transcript of Analyst Meet held on April 30, 2026. Management discusses FY26 performance with sales of ₹1,135cr and PBT of ₹130cr (excluding one-offs).

Why this was an Alfa AlertNot a filter event. Results and performance were discussed without specific prior guided ranges to calculate a material beat.
Highlights
Revenue growthFY26 revenue up 2%; Q4 up 3% YoY.
MarginsTargeting additional 100-200 bps improvement in EBITDA margins.
Order bookShort cycle/distribution based; automation seeing record order book.
Demand visibilityPositive green shoots in shipbuilding, automotive, and renewables.
Management confidenceStrong; waiting for big-ticket issues to reach closure.

Growth

FY26 standalone revenue grew 2%, gross margins rose 250 bps to 38%, and EBITDA margin reached 12%.

Outlook

Targets doubling top-line by FY29 (₹2,000cr). Annual capex of ₹30-40cr for capacity and maintenance.

Risks

Inflationary pressures, supply chain shocks, and geopolitical instability in Middle East affecting exports.

Source

Earnings Call filed with BSE, NSE: ADOR. Summary written with AI assistance from the document.

Read the document ↗

Ador Welding Ltd: key numbers

Share price
₹1,638.90
Market cap
₹2,852 Cr
Revenue (annual)
₹1,140 Cr
Net profit (annual)
₹81.98 Cr
P/E (TTM)
25.1×Sector 53.6×
Promoter holding
53.76%+0.00% QoQ
FII holding
1.05%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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