Ador Welding balance sheet

As of Sep 2026

Total assets: ₹822cr+13.5% on Sep 2025
Shareholders' equity: ₹570cr+15.7% on Sep 2025
Total debt: ₹27.7cr+2,727.6% on Sep 2025
Cash and investments: ₹65.3cr+29.7% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	192	193	186	116	112
	10.3	3.2	4.1	25.4	1.5
	10.5	10.7	10.3	10.9	10.5
	0.1	0.1	0.4	—	—
	11.3	16.4	8.1	—	—
	10.3	34.3	8.5	—	7.7
	21.6	50.6	16.5	—	—
	9.2	9.8	9.7	4.4	4.6
	24.0	21.9	23.1	18.8	16.5
	268	290	250	198	168
	177	152	127	122	116
	44.9	30.9	23.8	20.1	17.6
	205	232	193	150	125
	20.4	42.3	30.3	—	6.0
	54.3	50.2	36.8	—	—
	0.5	1.0	1.8	1.8	—
	7.3	7.2	6.3	—	—
	332	364	292	175	—
	44.9	26.8	25.5	23.8	16.2
	554	542	444	323	284
	822	832	694	521	452
Equity
	17.4	17.4	17.4	13.6	13.6
	552	537	490	349	310
	570	554	507	362	324
	570	554	507	362	324
Liabilities
	0.0	0.6	0.8	—	—
	2.2	2.0	1.2	—	—
	2.2	2.6	2.0	—	—
	20.9	20.2	9.3	7.6	6.2
	0.7	1.3	1.9	—	—
	23.9	24.0	13.3	9.2	7.9
	27.7	0.3	0.3	—	—
	145	194	125	69.9	73.1
	29.6	36.8	26.6	18.2	13.5
	203	231	151	—	102
	8.5	7.7	12.8	9.6	6.6
	1.7	0.7	0.0	—	3.3
	15.1	14.2	9.3	8.5	8.1
	228	253	174	149	120
	252	277	187	158	128
	822	832	694	521	452
Trade payables — MSME split
	34.3	19.2	15.7	—	—
	111	174	109	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

ADOR₹1,359.20

Ador Welding Limited

· Capital Goods & Defence

₹ CrorePeersHARSHA DIFFNKG ESABINDIA MALLCOM DELTAMAGNT WHBRADYMcap ₹2,365 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	112.2	116.1	186.0	193.3	191.9
+ Capital Work-in-Progress	1.5	25.4	4.1	3.2	10.3
+ Investment Property	10.5	10.9	10.3	10.7	10.5
+ Other Intangibles	—	—	0.4	0.1	0.1
+ Non-current Investments	—	—	8.1	16.4	11.3
+ Other Non-current Financial Assets	7.7	—	8.5	34.3	10.3
Non-current Financial Assets	—	—	16.5	50.6	21.6
+ Deferred Tax Assets	4.6	4.4	9.7	9.8	9.2
+ Other Non-current Assets	16.5	18.8	23.1	21.9	24.0
Total Non-current Assets	168.0	198.1	250.1	289.6	267.5
Current Assets
+ Inventories	116.2	122.4	126.7	151.9	177.1
+ Current Investments	17.6	20.1	23.8	30.9	44.9
+ Trade Receivables	125.2	150.5	192.7	232.0	204.8
+ Cash & Cash Equivalents	6.0	—	30.3	42.3	20.4
+ Other Bank Balances	—	—	36.8	50.2	54.3
+ Short-term Loans	—	1.8	1.8	1.0	0.5
+ Other Current Financial Assets	—	—	6.3	7.2	7.3
Current Financial Assets	—	175.2	291.6	363.6	332.1
+ Other Current Assets	16.2	23.8	25.5	26.8	44.9
Total Current Assets	283.7	322.6	443.8	542.2	554.0
Total Assets	451.7	520.6	693.9	831.8	821.6
Equity
+ Equity Share Capital	13.6	13.6	17.4	17.4	17.4
+ Other Equity / Reserves	309.9	348.8	489.7	537.1	552.2
Equity — Owners of Parent	323.5	362.4	507.1	554.5	569.6
Total Equity	323.5	362.4	507.1	554.5	569.6
Liabilities
+ Borrowings — Non-current	—	—	0.8	0.6	0.0
+ Other Non-current Financial Liab	—	—	1.2	2.0	2.2
Non-current Financial Liabilities	—	—	2.0	2.6	2.2
+ Provisions — Non-current	6.2	7.6	9.3	20.2	20.9
+ Other Non-current Liabilities	—	—	1.9	1.3	0.7
Non-current Liabilities	7.9	9.2	13.3	24.0	23.9
+ Borrowings — Current	—	—	0.3	0.3	27.7
+ Trade Payables	73.1	69.9	124.6	193.7	145.5
+ Other Current Financial Liab	13.5	18.2	26.6	36.8	29.6
Current Financial Liabilities	101.7	—	151.5	230.8	202.8
+ Provisions — Current	6.6	9.6	12.8	7.7	8.5
+ Current Tax Liabilities	3.3	—	0.0	0.7	1.7
+ Other Current Liabilities	8.1	8.5	9.3	14.2	15.1
Current Liabilities	120.2	149.0	173.5	253.4	228.1
Total Liabilities	128.2	158.2	186.8	277.4	252.0
Total Equity & Liabilities	451.7	520.6	693.9	831.8	821.6
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	15.7	19.2	34.3
+ Dues to Other Creditors — Current	—	—	108.9	174.5	111.2

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.