Ador Welding Key Ratios
NSE: ADORWELD | BSE: 517041
₹1,705.20
As on 31-Aug-2026IST
Market cap
₹2,970 Cr
Revenue (TTM)
₹1,198 Cr
P/E Ratio
26.2
P/B Ratio
5.1
Div. Yield
1.3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -2.98 | 22.88 | 8.38 | -- | 18.13 |
| EBIT | -27.19 | 435.37 | 159.25 | -- | 49.17 |
| Net Profit | -13.91 | 798.73 | 161.38 | -- | 50.00 |
| EPS | -19.30 | 798.74 | 197.81 | -- | 94.34 |
| Book Value | -- | -- | 9.19 | -- | 12.75 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 8.54 | -- | 11.12 | 7.81 | 7.60 |
| Net Margin
| 6.37 | -- | 9.26 | 6.99 | 5.26 |
| Return on equity
| 15.27 | -- | 22.11 | 15.46 | 12.30 |
| Return on Capital
| 20.72 | -- | -- | 22.31 | 18.11 |
| Return on Assets
| 9.57 | -- | 14.88 | 9.01 | 7.52 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
22.31
|
18.11
|
30.71
|
23.35
|
|
Peer Median
|
--
|
16.27
|
24.43
|
19.17
|
--
|
ROE
22.11
Higher than Peers by 9.05
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
22.11
|
15.46
|
12.30
|
23.02
|
17.38
|
|
Peer Median
|
13.07
|
13.03
|
18.52
|
16.19
|
--
|
ROA
14.88
Higher than Peers by 4.89
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
14.88
|
9.01
|
7.52
|
14.21
|
10.57
|
|
Peer Median
|
9.99
|
9.01
|
13.12
|
8.17
|
--
|
EBIT Margin
11.12
Higher than Peers by 2.90
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
11.12
|
7.81
|
7.60
|
9.62
|
7.49
|
|
Peer Median
|
8.22
|
11.12
|
12.47
|
7.39
|
--
|
Net Margin
9.26
Higher than Peers by 2.83
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
9.26
|
6.99
|
5.26
|
7.91
|
6.77
|
|
Peer Median
|
6.43
|
6.99
|
10.79
|
5.70
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
8.87
|
6.96
|
9.50
|
8.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
8.38
Lower than Peers by 0.67
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
8.38
|
1.54
|
4.57
|
62.31
|
47.76
|
|
Peer Median
|
9.04
|
18.70
|
5.64
|
35.39
|
--
|
EBIT Growth
159.25
Higher than Peers by 146.91
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
159.25
|
4.37
|
-17.33
|
--
|
363.95
|
|
Peer Median
|
12.34
|
24.83
|
-2.44
|
40.00
|
--
|
Net Profit Growth
161.38
Higher than Peers by 149.25
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
161.38
|
36.52
|
-30.55
|
91.45
|
535.07
|
|
Peer Median
|
12.14
|
29.07
|
-6.87
|
45.24
|
--
|
EPS Growth
197.81
Higher than Peers by 189.65
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
197.81
|
36.52
|
-45.71
|
91.45
|
535.06
|
|
Peer Median
|
8.15
|
29.94
|
-8.56
|
50.00
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
9.19
|
8.07
|
66.33
|
18.75
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.00
Lower than Peers by 0.00
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
0.00
|
0.00
|
0.00
|
0.09
|
0.00
|
|
Peer Median
|
0.00
|
0.07
|
0.12
|
0.33
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
--
|
--
|
0.09
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.14
Lower than Peers by 0.14
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
2.14
|
2.01
|
2.56
|
2.27
|
2.06
|
|
Peer Median
|
2.28
|
2.20
|
1.89
|
1.93
|
--
|
Quick Ratio
1.54
Lower than Peers by 0.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
1.54
|
1.48
|
1.83
|
1.52
|
1.30
|
|
Peer Median
|
1.56
|
1.57
|
1.86
|
1.13
|
--
|
Interest Coverage
73.34
Higher than Peers by 46.65
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
73.34
|
32.77
|
14.99
|
22.14
|
11.04
|
|
Peer Median
|
26.68
|
28.05
|
23.67
|
9.06
|
--
|
Operating Efficiency
Debtors to sales
19.37
Lower than Peers by 0.90
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
19.37
|
20.35
|
17.16
|
16.78
|
14.08
|
|
Peer Median
|
20.27
|
16.22
|
17.84
|
18.22
|
--
|
Asset Turnover
1.57
Lower than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
1.57
|
1.26
|
1.41
|
1.77
|
1.55
|
|
Peer Median
|
1.59
|
1.57
|
1.51
|
1.82
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
67.78
|
60.45
|
46.33
|
54.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
44.47
|
44.10
|
39.87
|
42.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
81.97
|
52.74
|
43.07
|
60.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
--
|
30.28
|
51.82
|
43.13
|
36.73
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
26.16
Lower than Peers by 1.88
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
26.16
|
18.54
|
24.26
|
21.56
|
18.63
|
|
Peer Median
|
28.04
|
28.04
|
36.27
|
22.44
|
--
|
Price / Book Value
5.11
Higher than Peers by 0.31
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
5.11
|
2.75
|
2.87
|
3.97
|
2.98
|
|
Peer Median
|
4.80
|
4.80
|
3.44
|
2.75
|
--
|
Dividend Yield
1.35
Higher than Peers by 0.97
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
1.35
|
2.63
|
2.39
|
1.35
|
2.02
|
|
Peer Median
|
0.38
|
0.38
|
0.56
|
0.08
|
--
|
EV/EBITDA
15.85
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
15.85
|
10.14
|
11.37
|
13.43
|
12.65
|
|
Peer Median
|
--
|
29.90
|
29.69
|
25.28
|
--
|
Market Cap
2,970
Higher than Peers by 1,435
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-22
|
|---|---|---|---|---|---|
|
Ador Welding
|
2,970
|
1,520
|
1,457
|
1,864
|
841
|
|
Peer Median
|
1,535
|
1,535
|
1,742
|
667
|
--
|