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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.
Ador Welding reports strong revenue growth of 22.9% to 309 Cr in the latest quarter. EBITDA surged 51.8% to 36 Cr, with PAT turning profitable at 28 Cr from a prior loss. Management highlights a debt-free balance sheet funding an 80 Cr capex, focusing on exports, product mix, and automation...
Ador Welding reported strong FY26 profits of ~8.20 Cr (EPS Rs 47.11) and proposed a Rs 23/share dividend. The company completed its amalgamation with Ador Fontech. It recovered ~14.1 Cr from old receivables and reversed ~3.1 Cr in onerous project costs for its Flares & Process Equipment segment.
Ador Welding received an income tax demand of Rs. 13.69 Cr for AY 2023-24, based on an addition of Rs. 5.23 Cr to taxable income. The company plans to appeal and contest the demand, citing legal grounds and computational errors, and expects no material financial impact.
Ador Welding (ADOR) held its AGM, revealing strong FY25 performance. Export revenues surged over 25%, emerging as a key growth driver. The merger with Ador Fontech is complete, integrating operations and enhancing market presence. While Flares & Process Equipment Division faced project delays, completion is expected in H1 FY26, with...
Ador Welding has announced a board meeting to review the financial results for the quarter and half-year. The company has sent reminder letters to shareholders regarding the mandatory transfer of shares to the Investor Education and Protection Fund (IEPF). No new operational or business developments were reported.