LNPR Capital®
LNPR Capital®

@LnprCapital

6 Tweets 1 reads Apr 22, 2023
Ador Welding Ltd.
Mcap: ₹ 1100 Cr
Co is engaged in the manufacturing of welding consumables. It offers a wide variety (over 200 types) of electrodes, fluxes & flux-cored wires. It Includes welding & cutting equipment, gas cutting products, welding automation products & systems
personal protective equipment & accessories. The flares & Process Equipment business of the co is engaged in providing customized solutions for projects & contracts. Domestic sales are 94% & Exports are 5%.
Co has a strong distribution network with 300+ distributors selling the products to 70+ countries.
Co serves customers in various industries mainly refineries, oil & gas, petrochemicals, fertilizers, steel plants, pharma, water & other chemical complexes & process industries.
Its domestic customers include Tata, DRDO, NHPC, Coal India, Ashok Leyland, Yamaha, Jindal Power, NTPC, Reliance Industries, Piaggio, L&T Shipbuilding etc.
Co owns & operates 4 facilities in Dadra & Nagar Haveli, Chhattisgarh, Chennai & Maharashtra.
From FY 18-22, the co has sold 40,000 MT of welding consumables on average every year.
The amalgamation (merger by absorption) of Ador Fontech Ltd with Ador Welding Ltd has happened. For every five equity shares of AWL, having a face value of Rs 10 each fully paid up,
shall be issued for every 46 equity shares held in ADFL, having a face value of Rs 2 each fully paid up.
The co aims to invest in technology up-gradation in the consumables segment & strengthen its distribution & online sales network.

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