Ador Welding Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 13.60 Cr
- Company Age 73 Year, 4 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 four 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
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Malkani  | Managing Director | 27-Jul-2007 | Current |
| Surya Sethia | CFO(Kmp) | 08-Feb-2021 | Current |
| Vinayak Bhide | Company Secretary | 01-Apr-2001 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tanya Advani  | Director | 19-Nov-2019 | Current |
| Rakesh Sapru | Director | 19-Oct-2008 | Current |
| Piyush Gupta | Director | 27-Oct-2006 | Current |
Kunwar Singh  | Director | 01-Feb-2009 | Current |
| Gaurav Mohan | Director | 10-Nov-2014 | Current |
| Deep Lalvani | Director | 27-Jul-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Charges (Loans)
₹176.48 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2022 | The Bank Of Baroda Limited | ₹2.75 M | Open |
| 10 Jan 2022 | The Bank Of Baroda Limited | ₹7.00 M | Open |
| 18 Sep 2017 | Idfc First Bank Limited | ₹70.00 Cr | Open |
| 04 Feb 2005 | Hdfc Bank Limited | ₹105.50 Cr | Open |
| 21 Apr 2008 | State Bank Of India | ₹108.00 Cr | Satisfied |
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.
Deals i
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
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
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