Ador Welding Ltd (ADOR) — shareholding pattern, promoter holding, financials and share price

About Ador Welding Ltd (ADOR)

Ador Welding Ltd operates in the Other Industrial Products industry, within the Capital Goods sector. It trades on the NSE as ADOR and on the BSE under scrip code 517041. Its ISIN is INE045A01017.

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]

Ador Welding Limited specializes in welding products, technologies, and services, servicing industries like steel, ship-building, defense, and automotive. It holds a dominant position in the Indian welding market, leveraging decades-old expertise and partnerships to innovate and sustain growth.

The company has strategically expanded its capacity by opening a new state-of-the-art facility in Silvassa to manufacture Flux Cored Welding Wires, aiming at operational efficiency and scalability in production.

Listed peers in Other Industrial Products: Harsha Engineers International Ltd, Diffusion Engineers Ltd, Safe Enterprises Retail Fixtures Ltd, Emkay Tools Ltd, MIC Electronics Ltd, Shree Vasu Logistics Ltd.

Valuation & Returns

10 Jul 2026

At ₹1,327 a share on 10 Jul 2026, Ador Welding Ltd (ADOR) was valued at a price-to-earnings ratio of 28.17x against an industry P/E of 37x and a price-to-book of 4.17x on a book value of ₹318.6 per share as of Mar 2026. Solomo computes return on equity of 14.79% and return on capital employed of 21.03% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.

P/E
28.17x
Industry P/E
37x
P/B
4.17x
EPS (TTM)
₹47.11
Book value / share
₹318.6
ROE
14.79%
ROCE
21.03%
ROA
9.86%
Debt / equity
0.01x
Dividend yield
1.73%
EBITDA margin
11.99%
52-week range
₹850 – ₹1,359.9

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2026

In the year ended Mar 2026, Ador Welding Ltd (ADOR) reported revenue of ₹1,140 crore, net profit of ₹82 crore and earnings per share of ₹47.11. That compares with revenue of ₹1,123 crore and net profit of ₹60 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.

In the quarter ended Mar 2026, revenue was ₹319 crore and net profit ₹34 crore (consolidated).

Consolidated annual results for Ador Welding Ltd (ADOR), Mar 2021 to Mar 2026. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Revenue (₹ cr)4486611,0741,1231,140
Net profit (₹ cr)-1045866082
EPS (₹)-7.6333.2163.5834.5147.11
Compound annual growth for Ador Welding Ltd (ADOR). Stock price CAGR is price return and excludes dividends.
Measure10Y5Y3Y1Y
Sales growth10.04%20.56%-1.54%
Profit growth18.46%--36.52%
Stock price CAGR17%12%3%25%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 53.76% of Ador Welding Ltd (ADOR) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.06% and domestic institutional investors (DII) hold 10.47%. Market capitalisation was ₹2,309 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.

Largest disclosed public shareholders in Jun 2026: CLARUS CAPITAL I 6.22%, GIRISH GULATI HUF . 2.46%, QUANT MUTUAL FUND - QUANT MANUFACTURING FUND 2.18%, INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS 1.98%, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA VALUE FUND 1.94%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202653.76%-1.06%10.47%46.24%
Mar 202653.76%-0.37%12.63%46.24%
Dec 202553.73%-0.14%12.57%46.27%
Sep 202553.72%-0.09%12.44%46.28%
Jun 202553.7%-0.07%11.85%46.3%
Mar 202553.7%-0.03%11%46.3%
Dec 202453.24%-0.06%10.31%46.76%
Sep 202456.94%-0.04%12%43.06%
Every quarter since Mar 2001 Filing data, not investment advice.