Ador Welding - Focusing On Core Welding Business To Regain Growth: ICICI Direct
A worker labors at the welding line on the Innova Crysta compact multi-purpose vehicle production line. (Photographer: Dhiraj Singh/Bloomberg)

Ador Welding - Focusing On Core Welding Business To Regain Growth: ICICI Direct


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

We recently attended the analyst meet of Ador Welding Ltd.

The company aims to focus on core welding business, reduce legacy costs while streamlining projects business to regain growth momentum and improve profitability.

In the domestic welding business, it aims to focus on improving margins, realisations with reconfiguration of manufacturing systems, cost rationalisation, advanced product developments, reduction of logistics costs and optimised product mix.

In welding automation business, it aims to focus on improving strike ratio of orders, enhance product portfolio.

In projects business, it aims to focus on flares, process equipment business, stable revenue growth, increase margins, better cash flows and reduced costs.

Click on the attachment to read the full report:

ICICI Direct Ador Welding Company Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.