Ador Welding Limited

Manufacturer of welding consumables and equipment with global presence in 40+ countries.

1951 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ador Welding Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 13.60 Cr
  • Company Age 73 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 176.48 Cr
  • Satisfied Charges ₹ 206.59 Cr
  • Revenue Growth 17.46%
  • Profit Growth 31.70%
  • Ebitda 49.41%
  • Net Worth 14.75%
  • Total Assets 15.03%

About Ador Welding

Ador Welding Limited (AWL) was founded in India on 22 October 1951 and has a glorious history of 73 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517041 and on the National Stock Exchange(NSE) under ADORWELD.

The Corporate was formerly known as J.B. Advani-Oerlikon Electrodes Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 13.60 Cr.

The company currently has active open charges totaling ₹176.48 Cr. The company has closed loans amounting to ₹206.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ador Welding Limited India are Surya Sethia SERVING AS THE CHIEF FINANCIAL OFFICER (CFO) and Vinayak Bhide as Company Secretary. Kunwar Singh, Piyush Gupta, Tanya Advani, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L70100MH1951PLC008647

  • Company No.

    008647

  • Stock Symbol

    BSE : 517041 NSE : ADORWELD

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1951

  • Date of AGM

    27 Jul 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc-Mumbai

Industry

Machinery and Equipment

What products or services does Ador Welding Limited offer?

Ador Welding Limited offers a wide range of products and services, including Welding Equipments & Machinery, Welding Machine, Industrial Pipe & Tube Fittings, Tube Fittings, Welding, Rods, Electrodes & Wires, Welding Electrodes, Metal and Alloy Wires, Welding Wires, Heater, Thermostat & Heating Devices, Heating Elements.

Who are the key members and board of directors at Ador Welding?

Executive Team (3)

NameDesignationAppointment DateStatus
Aditya Malkani Country flag representing In Managing Director27-Jul-2007Current
Surya Sethia CFO(Kmp)08-Feb-2021Current
Vinayak Bhide Country flag representing In Company Secretary01-Apr-2001Current

Board Members (10)

NameDesignationAppointment DateStatus
Tanya Advani Country flag representing Gb Director 19-Nov-2019Current
Rakesh Sapru Country flag representing In Director 19-Oct-2008Current
Piyush Gupta Country flag representing In Director 27-Oct-2006Current
Kunwar Singh Country flag representing Sg Director 01-Feb-2009Current
Gaurav Mohan Country flag representing In Director 10-Nov-2014Current
Deep Lalvani Country flag representing In Director 27-Jul-2007Current

Financial Performance of Ador Welding.

Ador Welding Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.46% increase. The company also saw a substantial improvement in profitability, with a 31.7% increase in profit. The company's net worth Soared by an impressive increase of 14.75%.

Ador Welding revenue growth over time
Ador Welding profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.46%
Revenue from Operations
17.43%
Total Assets
15.03%
Profit or Loss
31.70%
Net Worth
14.75%
EBITDA
49.41%

What is the Ownership and Shareholding Structure of Ador Welding?

In 2023, Ador Welding had a promoter holding of 56.90% and a public holding of 43.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹176.48 Cr

Satisfied Charges

₹206.59 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 105.50 Cr
  • Idfc First Bank Limited : 70.00 Cr
  • The Bank Of Baroda Limited : 0.98 Cr

Latest Charge Details

DateLenderAmountStatus
07 Sep 2022The Bank Of Baroda Limited₹2.75 MOpen
10 Jan 2022The Bank Of Baroda Limited₹7.00 MOpen
18 Sep 2017Idfc First Bank Limited₹70.00 CrOpen
04 Feb 2005Hdfc Bank Limited₹105.50 CrOpen
21 Apr 2008State Bank Of India₹108.00 CrSatisfied

How Many Employees Work at Ador Welding?

Ador Welding has a workforce of 646 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ador Welding Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ador Welding, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ador Welding's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ador Welding

Recent activity within the organization

  • Charges

    A charge with The Bank Of Baroda Limited amounted to Rs. 0.28 Cr with Charge ID 100611992 was registered on 07 Sep 2022.

  • Annual General Meeting

    Ador Welding Limited last Annual general meeting of members was held on 27 Jul 2022 as per latest MCA records.

  • Balance Sheet

    Ador Welding Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Mumbai.

  • Charges

    A charge with The Bank Of Baroda Limited amounted to Rs. 0.70 Cr with Charge ID 100567784 was registered on 10 Jan 2022.

  • Charges

    A charge with Idfc First Bank Limited of Rs. 70.00 Cr registered on 18 Sep 2017 with Charge ID 100164638 was modified on 22 Dec 2021.

  • Director Appointment

    Nita Dempo Mirchandani was appointed as a Director was appointed as a Director on 01 Apr 2020 & has been associated with this company since 4 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ador Welding Limited?

    Ador Welding Limited was incorporated on 22 Oct 1951.

  • What is authorized share capital and paid-up capital of Ador Welding Limited?

    The authorized share capital of Ador Welding Limited is ₹ 30.00 Cr and paid-up capital is ₹ 13.60 Cr.

  • Who are the current board members & directors of Ador Welding Limited?

    Currently 13 directors are associated with Ador Welding Limited.

    • Kunwar Digvijay Singh
    • Piyush Kumar Gupta
    • Surya Kant Sethia
    • Tanya Halina Advani
    • Gaurav Lalwani Mohan
    • Rakesh Narain Sapru
    • Deep Ashda Lalvani
    • Aditya Tarachand Malkani
    • Nita Dempo Mirchandani
    • Ravin Ajit Mirchandani
    • Navroze Shiamak Marshall
    • Ninotchka Malkani Nagpal
    • Vinayak Manohar Bhide

  • What is the registered address of Ador Welding Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ador Welding Limited is Ador House 6 K. Dubash Marg Fort, Mumbai, Maharashtra, India, 400001.

  • What is the corporate identification number (CIN) and company number of Ador Welding Limited?

    The corporate identification number (CIN) of Ador Welding Limited is L70100MH1951PLC008647 and the company number is 008647 as per Ministry of Corporate Affairs (MCA).

  • Is Ador Welding Limited registered with any stock exchange in India?

    Yes, Ador Welding Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ADORWELD.

  • What is the official website of Ador Welding Limited?

    The Official website of Ador Welding Limited is https://www.adorwelding.com

  • What has been the recent revenue trend for Ador Welding Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ador Welding Limited has risen by 17.46%.

  • How many employees does Ador Welding Limited currently have?

    As Per 2023 financial reports, 646 employees are currently employed by Ador Welding Limited.

  • What change has been observed in the net worth of Ador Welding Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ador Welding Limited has experienced an upsurge of 14.75%.

  • What are the total open charges for Ador Welding Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ador Welding Limited amount to ₹ 176.48 Cr.

  • When was the last Balance Sheet of Ador Welding Limited filed with the ROC?

    The most recent Balance Sheet for Ador Welding Limited was filed with the ROC on 31 Mar 2022.

People also Viewed