Ador Welding Limited · NSE:ADOR
Ador Welding — Q1 FY27 Earnings Presentation
28 slides from Ador Welding's earnings presentation, Jul 21, 2026
Slide 1: Stock exchange cover letter: Investor Presentation
AWL/SEC/SE/2026-27/32 21 st July, 2026 BSE LTD. NATIONAL STOCK EXCHANGE OF INDIA LTD. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, 1st Floor, Dalal Street, Bandra-Kurla Complex Fort, Mumbai – 400 023 Bandra (East), Mumbai - 400 051. Company Scrip Code: 517041 Company Symbol: ADOR Dear Si
Slide 2: Creating the Best Welding Experience - Investor Presentation
Creating the Best Welding Experience Investor Presentation July 2026 ADOR WELDING LIMITED
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ador Welding Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securiti
Slide 4: Ador at Glance
Ador at Glance 850+ 5 90,000 MT 30,000 Welding Power Sources Capacity / Employees Manufacturing Units Consumables Capacity / Per Year Per Year 15+ 31,235 R&D Centre (Recognised by Govt. of India) • Accredited Laboratory as per ISO17025 Countries Pincodes Served in India Team of 38 researchers with 1
Slide 5: 75 Years of Creating the Best Welding Experience
75 Years of Creating the Best Welding Experience 1951 1982 JV with Oerlikon Buhrle 1967 Advani Oerlikon Govt. AG, Switzerland — 1955 Exports commence to Higher Secondary India's 1st welding Welding School set up Middle East, Africa & School set up, Birgaon, manufacturer at Bhandup Southeast Asia Rai
Slide 6: Global Company with Roots in India
Global Company with Roots in India GLOBAL FOOTPRINT 15+ Countries Served Worldwide PRESENCE ACROSS • North America • South America • Europe • Middle East & Africa • Central & South Asia Ador International Dubai, UAE (JAFZA) • Australia Ador’s international sales & distribution office, driving busine
Slide 7: Manufacturing Footprint Across India
Manufacturing Units 1.2mn sq. ft. MANUFACTURING FOOTPRINT ACROSS INDIA 5 Facilities 3 Welding Consumables Facilities Raipur Silvassa Bengaluru 1 Welding Equipment & Automation Facility Pune 1 Maintenance & Repair Facility Nagpur Creating the Best Welding Experience 6
Slide 8: Product Range - Offerings
Product Range - Offerings Welding Welding & Cutting Industrial Welding & Cutting Consumables Equipment M&R Automation Stick Electrodes MMA / MIG / TIG / Wear Resistance Products Robotic Systems Submerged Arc Filler Metals Repair & Reclamation Automation Lines Advanced Synergic Services Submerged Arc
Slide 9: Welding Consumables & Equipment
Welding Consumables & Equipment WELDING CONSUMABLES WELDING EQUIPMENT THE RANGE INCLUDES MAIN POWER SUPPLY OPERATED ARC WELDERS A wide range of machines for all arc welding applications including: E Welding Electrodes SMAW GTAW GMAW FCAW SAW F Filler Metals S Submerged Arc ALSO INCLUDES Welding mach
Slide 10: Industrial Maintenance & Repair (Products & Services)
Industrial Maintenance & Repair (Products & Services) PRODUCT PORTFOLIO INCLUDES: Complete range of products/ solutions for • Low Heat Input Welding Alloys Maintenance & Repair across industries such as Cement, Defence , Fertilizer & Chemical Industries, • Cobalt & Nickel Based Alloys Mining, Oil &
Slide 11: Welding & Cutting Automation Products
Welding & Cutting Automation Products Design, supply and install special purpose automation systems OFFERINGS Seamless Welding Standard Products like CNC Cutting Plasma and Automation System Columns & Booms, Rotators, Special Purpose Machines hand-held machines Integration and Positioners Creating t
Slide 12: Multiple Collaborations
Multiple Collaborations Hypertherm ITW Welding India Liburdi Dimetrics Ador is the Master Distributor for Partner for Miller Key Products Strategic Partner for Orbital Welding Hypertherm Air Plasma Cutting System Technologies in India The collaboration brings Miller’s advanced Hypertherm is a leadin
Slide 13: Industries We Serve
Industries We Serve Automotive Infrastructure Oil & Gas Railways Thermal Ship Building Cement Hydro Power Heavy Defence Fabrication Wind Power Nuclear Power Creating the Best Welding Experience 12
Slide 14: New Product Introduction
New Product Introduction EQUIPMENT EQUIPMENT AUTOMATION AUTOMATION Strategic Collaboration with Miller – Submerged Strengthening Robotic Equipment Portfolio – CNC Bevel Cutting & H2 Cutting Solutions Customised Automatic Solution – Ador Xlogic Arc Product Solutions for Power, Structural, Champ Multi
Slide 15: Brand Initiatives
Brand Initiatives Creating the Best Welding Experience 14
Slide 16: Approvals & Certifications
Approvals & Certifications • CII Industrial Innovation Award 2025 Recognised among India’s Top 100 Innovative Companies • ISO 9000 series certification for quality • Ador’s Silvassa plant has been awarded the standards for all manufacturing plants GreenCo Silver Rating by the CII–Sohrabji • India’s
Slide 17: Industry Structure & Growth Outlook
Industry Structure & Growth Outlook India’s welding industry – integral to the manufacturing & infrastructure ecosystem KEY INDUSTRY TAKEAWAYS GROWTH OPPORTUNITIES Core to India's Manufacturing Ecosystem Rising Demand The welding industry remains integral to India's manufacturing Growing demand for
Slide 18: Board of Directors
Board of Directors Ninotchka Malkani Dr. Deep Ashda Lalvani Navroze S. Marshall Nagpal Non-Executive Director Non-Executive & Independent Director Executive Chairman Independent and Non-Independent Directors • MBA, Manchester Business School, UK; Honorary Doctorate • B.Sc. Chemical Engg., Carnegie M
Slide 19: Core Management Team
Core Management Team Aditya T. Malkani Lajpat Yadav Mustafa Faizullabhoy Suryakant Sethia Krishnamurthy Suryanarayan Managing Director & Chief Executive COO – India Welding Business Head – International Operations Chief Financial Officer Head – Corporate Strategy Officer Palli Ravi Kumar Vineet Bans
Slide 20: Environmental, Social & Governance Initiatives
Environmental, Social & Governance Initiatives 50% Reduction in water consumption • Rainwater harvesting • Elimination of water leakages • Installation of water sensors 9.6MT Reduction of plastic consumption • Use of corrugated boxes • Use of honeycomb packaging • Eliminated use of Thermocol 114 Red
Slide 21: Q1 FY27 Financial Highlights
Q1 FY27 Financial Highlights
Slide 22: Management's Message
Management’s Message “FY27 has begun strongly for Ador, with Q1 revenue growing 23% YoY to Rs. 309 Cr - reflecting healthy order inflow and strong momentum from FY26 across domestic and export markets. Over the past two years, the company has strengthened its leadership and talent base through focus
Slide 23: Q1 FY27 Key Performance Highlights
Q1 FY27 Key Performance Highlights Revenue from Operations Gross Profit Gross Profit Margin EBITDA (excl. other income) Rs. 309 Crs. Rs. 113 Crs. 36.5% Rs. 36 Crs. +22.9% YoY +15.2% YoY -240 bps +51.8% YoY EBITDA Margin (excl. other Profit After Tax PAT Margin Earnings Per Share income) 11.6% Rs. 28
Slide 24: Historical Financial Highlights
Historical Financial Highlights
Slide 25: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Particulars (Rs. Crs.) FY26 FY25 FY24 Revenue from Operations 1,140.0 1,122.7 1,073.6 Raw Material & Change in Inventory 708.7 725.3 688.5 Gross Profit 431.3 397.4 385.1 Onerous Cost & Liquidated Gross Margin % 37.8% 35.4% 35.9% Damages: A one-time pro
Slide 26: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equities & Liabilities (Rs. Crs.) Mar-26 Mar-25 Mar-24 Assets (Rs. Crs.) Mar-26 Mar-25 Mar-24 Total Equity 554.5 507.1 473.0 Non-Current Assets 289.6 250.1 237.9 Equity Share Capital 17.4 17.4 13.6 Property, Plant & equipment 180.9 174.5 133.2 Reserve & Surplus
Slide 27: Historical Consolidated Cash Flow Statement
Historical Consolidated Cash Flow Statement Particulars (Rs. Crs.) Mar-26 Mar-25 Mar-24 Net Profit Before Tax 115.0 86.6 117.1 Adjustments for: Non - Cash Items / Other Investment or Financial Items 12.3 25.2 10.4 Operating profit before working capital changes 127.3 111.8 127.5 Changes in working c
Slide 28: Thank You!
THANK YOU! Company: Ador Welding Limited Investor Relations: Strategic Growth Advisors Pvt. Ltd. CIN: L70100MH1951PLC008647 CIN: U74140MH2010PTC204285 Mr Vinayak M. Bhide – Company Secretary & Compliance Mr. Deven Dhruva / Mr. Ronak Jain Officer deven.dhruva@sgapl.net / ronak.jain@sgapl.net investor