Company Ador Welding Limited NSE India S.E.

Equities

ADORWELD

INE045A01017

Industrial Machinery & Equipment

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Sector Welding & Soldering Equipment

Delayed NSE India S.E. Other stock markets 03:06:29 2024-04-26 am EDT			5-day change	1st Jan Change
1,457 ^INR	+0.41%		+1.61%	-3.68%

Apr. 01	Ador Welding Limited Announces Change in Management	CI
Feb. 01	Ador Welding Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI

Ador Welding Limited is an India-based welding company. The Company is engaged in manufacturing in the field of welding products, technologies, and services. Its segments include Consumables, Equipment and automation, and Flares & Process Equipment Division. The Consumables segment includes products and services related to electrodes, wires, agency items related to consumables from Silvassa, Raipur, and Chennai Plant. The Equipment and automation segment includes equipment, spares, cutting products and agency items related to equipment and cutting products, design, engineering, procurement, and commissioning of flares, incinerators, furnaces. It is providing customized solutions for projects and contracts related to refineries, oil and gas, petrochemicals, fertilizers, steel plants, pharma, water, and other chemical process industries.

Number of employees: 596

INR in Million	2022	Weight	2023	Weight	Delta
Consumables 79.1 %	5,354	80.9 %	6,145	79.1 %	+14.77%
Equipment and Automation 14.8 %	985	14.9 %	1,150	14.8 %	+16.74%
Flares & Process Equipment 6.1 %	275	4.2 %	472	6.1 %	+71.50%

INR in Million	2022	Weight	2023	Weight	Delta
India 90.8 %	6,301	95.3 %	7,055	90.8 %	+11.97%
International 9.2 %	314	4.7 %	713	9.2 %	+126.89%

Managers	Title	Age	Since
Aditya Tarachand Malkani CEO	Chief Executive Officer	43	07-07-26
Suryakant Sethia DFI	Director of Finance/CFO	44	15-06-21
Sachin Dobhada CTO	Chief Tech/Sci/R&D Officer	-	06-05-07
Mustafa Faizullabhoy COO	Chief Operating Officer	51	22-04-05
Laxmiprasad Bansad CTO	Chief Tech/Sci/R&D Officer	52	08-10-05
Vinayak Manohar Bhide ADM	Chief Administrative Officer	55	93-01-03
Rakesh Choudhary PRN	Corporate Officer/Principal	-	-
Sunanada Kumar Palit PRN	Corporate Officer/Principal	61	12-06-03
Vineet Bansal SAM	Sales & Marketing	55	92-11-02

Members of the board	Title	Age	Since
Ninotchka Malkani Nagpal CHM	Chairman	53	97-10-02
Aditya Tarachand Malkani CEO	Chief Executive Officer	43	07-07-26
Piyush Kamlesh Kumar Gupta BRD	Director/Board Member	53	06-10-26
Navroze Shiamak Marshall BRD	Director/Board Member	48	22-05-20
Ravin Ajit Mirchandani BRD	Director/Board Member	53	06-07-27
Rakesh Narain Sapru BRD	Director/Board Member	62	08-10-18
Kunwar Digvijay Singh BRD	Director/Board Member	65	09-01-31
Gaurav M. Lalwani BRD	Director/Board Member	-	14-11-09
Nita Dempo Mirchandani BRD	Director/Board Member	-	20-03-31
Tanya Halina Advani BRD	Director/Board Member	32	19-11-18

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	13,598,467	4,597,730 ( 33.81 %)	0	33.81 %

Name	Equities	%	Valuation
Advani Family 50.01 %	6,800,531	50.01 %	112 M ₹
Ashish Kacholia 4.378 %	595,400	4.378 %	10 M ₹
Gulati Girish Family 2.944 %	400,333	2.944 %	7 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 2.488 %	338,377	2.488 %	6 M ₹
Aruna Bhagawan Advani 2.173 %	295,480	2.173 %	5 M ₹
Sundaram Asset Management Co. Ltd. 1.997 %	271,596	1.997 %	4 M ₹
Government of India 1.869 %	254,132	1.869 %	4 M ₹
Ninotchka Malkani Nagpal 1.470 %	199,952	1.470 %	3 M ₹
Aditya Tarachand Malkani 0.9060 %	123,198	0.9060 %	2 M ₹
Michelle Gulu Malkani 0.5824 %	79,200	0.5824 %	1 M ₹

Ador Welding Ltd.

Ador House No. 6, K. Dubash Marg

400001, Mumbai

+91 22 6623 9300

http://www.adorwelding.com

Industrials

Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Welding & Soldering Equipment

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Welding & Soldering Equipment