Ador Fontech Ltd.
Snapshot View

72.60 +3.05 ▲4.4%

30 July 2021, 04:00:00 P.M.
Volume: 229,751

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electrodes & Welding Equipment Compare with Industry peers
Website http://www.adorfon.com
Financial Indicators
Market Cap 254.10 Cr.
Earnings per share (EPS) 2.87 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 25.31 Trailing Twelve Months Ending 2021-03
Industry PE 587.98 Trailing Twelve Months Ending 2021-03
Book Value / Share 31.13 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.33 Calculated using Price: 72.60
Dividend Yield 2.48 Period Ending 2020-03
No. of Shares Subscribed 3.50 Cr. 35,000,000 Shares
FaceValue 2
Company Profile

Ador Fontech incorporated as Cosmics Electronics and Ancillaries Private Limited on 22nd August, 1974. The company is into the business of supply of products, services and solutions that help in conservation of mineral reserves as well as in reducing down-time and inventory costs.

The product spectrum consists of low heat input welding alloys, solid and flux-cored wires, welding and cutting equipment, fume extraction products, in-situ machining systems, thermal spray products and hands-on rebuilding and reclamation services.

Milestones

  • 1974- Company got incorporated.
  • 1980- Company started its operations.
  • 1983- Company started new reclamation welding alloy developed for the Indian Railways in the H3 class.
  • 1985 - Ador Fontech finalised an exclusive distributorship for India from Sulzer Metco (Switzerland, Singapore & USA) for thermal spray equipment and materials.
  • 1987 - It launched of Fonmatic open arc FCAW wires and feeders.
  • 1988 - Company started Fontech training centre in Mumbai.
  • 1992 - Ador Fontech acquired FIST India Private Limited and Kostech India Private Limited merger with itself. The number of shareholders was increased from 112 to 1874 and equity capital increased from Rs. 48 lakh to Rs. 169 lakh.
  • 1994 - Company further increased equity capital increased to Rs 225 lakh.
  • 1995 - Ador Fontech successfully completed public issue and raise the equity capital to Rs 350 lakh.
  • 1996 - Company received ISO 9002 Certification. The same year it launched Arcofon range of superior wear resistance technology wear plates.
  • 1997 - Company bagged exclusive distributorship for copper and copper alloys from Bedra (Germany).
  • 1998 – Company received exclusive distributorship for Gasflux range of products and services. It received approval of special welding alloys from defence organisations for armour steel welding. It also exclusive distributorship for Euromate (Holland) range of welding fume extraction equipment and systems.
  • 1999 - Ador Fontech received exclusive distributorship for CEA (Italy) range of inverter welding equipment.
  • 2000 - Company bagged exclusive distributorship for CEPRO (Netherlands) range of world class 'welding spot separation' products.
  • 2002 - It received distributorship for Soitaab (Italy) range of cutting systems.
  • 2004 - Ador Fontech started manufacturing unit for low heat input welding alloys at Bangalore.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.39%
1 Week
+0.76%
1 Month
+20.90%
3 Month
+87.84%
6 Month
+101.11%
1 Year
+138.03%
2 Year
+46.14%
5 Year
+62.34%
7 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 14.89 15.40 10.41 7.88 7.27 10.79 8.69
Return on Capital Employed (%) 23.37 23.02 17.17 11.54 11.54 15.97 13.45
Return on Assets (%) 10.52 10.82 7.30 5.64 5.50 8.49 6.56

Balance Sheet View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 82 88 91 92 99 105 99
Non Curr. Liab. 9 6 5 1 0 0 0
Curr. Liab. 25 32 34 33 27 29 38
Minority Int.
Equity & Liab. 116 126 129 126 126 133 137
Non Curr. Assets 32 30 32 28 27 26 37
Curr. Assets 85 95 97 98 99 107 99
Misc. Exp. not W/O
Total Assets 116 126 129 126 126 133 137

Profit Loss View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 141 139 143 147 152 186 177
Other Income 3 4 4 3 4 3 3
Total Income 143 143 147 149 156 189 180
Total Expenditure -121 -120 -128 -135 -141 -169 -163
PBIDT 22 24 19 14 15 20 17
Interest 0 0 0 0 0 0 -1
Depreciation -3 -4 -3 -4 -3 -3 -3
Taxation -7 -7 -6 -3 -4 -5 -5
Exceptional Items
PAT 12 13 9 7 7 11 9

Cash Flow View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 6 13 7 1 3 5 20
Cash Fr. Inv. 2 1 -2 0 2 -2 -8
Cash Fr. Finan. -7 -7 -7 -6 -2 -3 -11
Net Change 1 7 -3 -5 3 -1 0
Cash & Cash Eqvt 3 32 30 25 4 3 3

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 37.36 37.37 37.56 37.60 37.62 38.81 39.00 39.27 39.28
Public 62.64 62.63 62.44 62.40 62.38 61.19 61.00 60.73 60.72
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Board Meeting Outcome for Outcome Of Board Meeting
This is to inform that the meeting of the Board of Directors of the Company was held today i.e. Friday July 30 2021 which commenced at 03:00 P.M. and concluded at 06:15 P.M. In the said meeting the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30 2021 were approved amongst other things.
Please find attached/ enclosed herewith the following:
i. Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30 2021 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
ii. Limited Review Report received from the Statutory Auditors M/s. Praveen & Madan Chartered Accountants in respect of the said Unaudited Financial Results.
The said results will also be uploaded on the website of the Company at www.adorfon.com and published in the newspapers
Request to take the same on record and oblige.
Fri, 30 Jul 2021
Financial Results For The Quarter Ended June 30 2021
This is to inform that the meeting of the Board of Directors of the Company was held today i.e. Friday July 30 2021 which commenced at 03:00 P.M. and concluded at 06:15 P.M. In the said meeting the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30 2021 were approved amongst other things.
Please find attached/ enclosed herewith the following:
i. Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30 2021 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
ii. Limited Review Report received from the Statutory Auditors M/s. Praveen & Madan Chartered Accountants in respect of the said Unaudited Financial Results.
The said results will also be uploaded on the website of the Company at www.adorfon.com and published in the newspapers
Request to take the same on record and oblige.
Fri, 23 Jul 2021
Board Meeting Intimation for Considering Unaudited Financial Statements (Standalone And Consolidated) For The Quarter Ended June 30 2021
ADOR FONTECH LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2021 inter alia to consider and approve 1) Unaudited financial statements (Standalone and Consolidated) for the quarter ended June 30 2021
2) Corporate Governance
3) Any other Business/Corporate matters

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Havells India Ltd. 73,531.11 1,174.05 -0.2%
Siemens Ltd. 69,379.35 1,948.20 -0.3%
Bharat Electronics Ltd. 45,003.87 184.70 -2.1%
L&T Technology Services Ltd. 39,081.69 3,720.00 +1.1%
ABB India Ltd. 36,010.65 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. 20,700.87 59.45 -1.2%
AIA Engineering Ltd. 18,878.22 2,001.50 +0.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Havells India Ltd. Consolidated 2021-06 60.46 1,174.05 -0.2%
Siemens Ltd. Consolidated 2021-03 72.41 1,948.20 -0.3%
Bharat Electronics Ltd. Consolidated 2021-03 21.44 184.70 -2.1%
L&T Technology Services Ltd. Consolidated 2021-06 51.27 3,720.00 +1.1%
ABB India Ltd. Standalone 2021-06 98.22 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 0.00 59.45 -1.2%
AIA Engineering Ltd. Consolidated 2021-03 33.35 2,001.50 +0.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Havells India Ltd. Consolidated 2021-06 13.59 1,174.05 -0.2%
Siemens Ltd. Consolidated 2021-03 7.02 1,948.20 -0.3%
Bharat Electronics Ltd. Consolidated 2021-03 4.07 184.70 -2.1%
L&T Technology Services Ltd. Consolidated 2021-06 10.68 3,720.00 +1.1%
ABB India Ltd. Standalone 2021-06 9.66 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 0.80 59.45 -1.2%
AIA Engineering Ltd. Consolidated 2021-03 4.45 2,001.50 +0.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Havells India Ltd. Consolidated 2021-03 0.10 1,174.05 -0.2%
Siemens Ltd. Consolidated 2020-09 0.00 1,948.20 -0.3%
Bharat Electronics Ltd. Consolidated 2020-03 0.00 184.70 -2.1%
L&T Technology Services Ltd. Consolidated 2021-03 0.00 3,720.00 +1.1%
ABB India Ltd. Standalone 2020-12 0.00 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 0.18 59.45 -1.2%
AIA Engineering Ltd. Consolidated 2020-03 0.03 2,001.50 +0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Havells India Ltd. Consolidated 2021-03 22.02 1,174.05 -0.2%
Siemens Ltd. Consolidated 2020-09 8.29 1,948.20 -0.3%
Bharat Electronics Ltd. Consolidated 2020-03 18.59 184.70 -2.1%
L&T Technology Services Ltd. Consolidated 2021-03 21.58 3,720.00 +1.1%
ABB India Ltd. Standalone 2020-12 6.15 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -5.02 59.45 -1.2%
AIA Engineering Ltd. Consolidated 2020-03 16.36 2,001.50 +0.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Havells India Ltd. Consolidated 2021-03 30.49 1,174.05 -0.2%
Siemens Ltd. Consolidated 2020-09 11.82 1,948.20 -0.3%
Bharat Electronics Ltd. Consolidated 2020-03 25.73 184.70 -2.1%
L&T Technology Services Ltd. Consolidated 2021-03 30.06 3,720.00 +1.1%
ABB India Ltd. Standalone 2020-12 8.80 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -0.21 59.45 -1.2%
AIA Engineering Ltd. Consolidated 2020-03 19.55 2,001.50 +0.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Havells India Ltd. Consolidated 2021-03 10,457.30 1,174.05 -0.2%
Siemens Ltd. Consolidated 2020-09 10,617.80 1,948.20 -0.3%
Bharat Electronics Ltd. Consolidated 2020-03 12,967.67 184.70 -2.1%
L&T Technology Services Ltd. Consolidated 2021-03 5,449.70 3,720.00 +1.1%
ABB India Ltd. Standalone 2020-12 5,820.95 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 21,490.01 59.45 -1.2%
AIA Engineering Ltd. Consolidated 2020-03 2,969.97 2,001.50 +0.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Havells India Ltd. Consolidated 2021-03 1,044.31 1,174.05 -0.2%
Siemens Ltd. Consolidated 2020-09 768.60 1,948.20 -0.3%
Bharat Electronics Ltd. Consolidated 2020-03 1,792.63 184.70 -2.1%
L&T Technology Services Ltd. Consolidated 2021-03 666.50 3,720.00 +1.1%
ABB India Ltd. Standalone 2020-12 219.22 1,692.50 +0.5%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -1,494.07 59.45 -1.2%
AIA Engineering Ltd. Consolidated 2020-03 590.32 2,001.50 +0.2%