NNextResearch

Ador Welding ADOR

Welding consumables/equipment used in shipyard hull fabrication

Mapped in 1 theme: Naval Shipbuilding & Defence Shipyards.

From publicly available information

Where Ador Welding sits in the supply chain

Ador Welding appears in 1 supply-chain layer in one theme, Naval Shipbuilding & Defence Shipyards.

Naval Shipbuilding & Defence Shipyards › Hull, Steel Plates & Structural Metallurgy

Direct supplier
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Revenue and profit

₹ CrFY24FY25FY26
Revenue1,0741,1231,140
Net profit866082

Latest-year revenue ₹1,140 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths

  • Diversified industrial customer base across shipyards and other heavy engineering end-markets gives steadier aggregate demand than a naval pure-play would see

Risks

  • Shipyard/naval work is one of several industrial end-markets, not disclosed separately
  • Commodity welding-consumables business with limited naval-specific pricing power

Common questions

What does Ador Welding do?

Welding consumables/equipment used in shipyard hull fabrication.

Where does Ador Welding sit in the supply chain?

Ador Welding (NSE: ADOR) is mapped in 1 supply-chain layer: Hull, Steel Plates & Structural Metallurgy (Naval Shipbuilding & Defence Shipyards).

Who are Ador Welding's peers?

In the Hull, Steel Plates & Structural Metallurgy layer of Naval Shipbuilding & Defence Shipyards: Steel Authority of India (SAIL) and Mishra Dhatu Nigam (MIDHANI).

What is Ador Welding's market cap and valuation?

As of 30 Oct 2026: market cap ₹2,314 Cr, P/E 19.7x, ROCE 22.8%, ROE 15.8%, dividend yield 1.73%.