Ador Welding (AWL) was incorporated in 1951 with an objective to offer finest range of welding consumables and equipment. AWL has also made large investments in project engineering and manufacturing of power generators and alternators.

AWL is a total solutions provider offering an up-to-date suite of welding and cutting consumables, power sources and accessories besides a full package of soft skills and knowledge development for welding and fabrication excellence.

The company operates three divisions through which it channelises solution based engineering experience are as follows:

Metal Joining Processes And Solutions – This division covers the entire spectrum of metal joining processes. This includes welding, cutting and allied applications for all kinds of metals and every single industry and application.
Project Engineering Division - The Project Engineering Division offers customized solutions to multi-disciplinary projects and contracts in the area of combustion engineering, thermal engineering and fabrication engineering.
Energy Solutions – The Electrical or Energy Management Solutions Division offers high-end configuration of hardware and software solutions to end-users and GOEMs in power, infrastructure, telecom and other sectors.

AWL has with four manufacturing plants for the production and supply of welding consumables, power sources, welding automation systems, cutting products and accessories.

The company’s three welding consumables plants are ISO 9001:2000 standard certified for quality management systems and ISO 14001:2004 standard (for environment management systems) while its equipment plant at Chinchwad is certified to ISO 9001:2000 standards.

Further, the company operates 26 area and territory offices and nine field offices. It also has strong market presence in region like the Gulf/Middle East, South East Asia and Africa.

Market Cap	2,055 Cr	ROE	19.6%
P/E Ratio(TTM)	41.1	EPS(TTM)	0.0
P/B Ratio	6.8	Dividend Yield	1.2%
Industry P/E	64.8	Book Value	221.5
		Face Value	10.0

Fundamentals