Company Ador Welding Limited NSE India S.E.

Stocks

ADOR

INE045A01017

Industrial Machinery & Equipment

Market Closed - NSE India S.E. 07:05:07 2026-09-30 EDT			5-day change	1st Jan Change
1,591.80 ^INR	-1.25%		-0.19%	+49.46%

09-20	Ador Welding Limited(BSE:517041) added to S&P Global BMI Index	CI
08-13	Ador Welding Limited Announces Management Changes, Effective August 13, 2026	CI

Business description: Ador Welding Limited

Ador Welding Limited is an India-based welding company. The Company is engaged in manufacturing in the field of welding products, technologies, and services. The Company is also engaged in providing customized solutions for multidisciplinary projects and contracts related to refineries, oil and gas, petrochemicals, fertilizers, steel plants, pharma, water and other chemical process industries. Its segments include Product, Services, and Maintenance & Reclamation (M&R). Its Product segment includes electrodes, wires, equipment, spares, cutting products, alloys and agency items related to products. Its Services segment provides services like design, manufacture, erection & commissioning, mechanical, electrical and instrumentation of process packages, process equipment and flare systems and components from Chinchwad plant. The M&R segment focuses on delivering value-added solutions in reclamation, fusion, surfacing, spraying, and environmental applications.

Number of employees: 839

Sales by Activity: Ador Welding Limited

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Welding	-	-	-	-	10.79B
Products	-	-	-	9B	-
Consumables	5.36B	6.15B	6.79B	-	-
Flares & Process Equipment	284M	478M	347M	839M	567M
Equipments and Automation	988M	1.15B	1.75B	-	-
Inter Segment	-14.4M	-12.8M	-48.7M	-199M	-1.4M
Maintenance & Reclamation (m&r)	-	-	-	1.53B	-

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Geographical breakdown of sales: Ador Welding Limited

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
India	6.3B	7.05B	7.62B	9.69B	9.89B
outside India	314M	713M	1.22B	1.53B	1.51B

See all geographic segments

Executive Committee: Ador Welding Limited

Manager	Title	Age	Since
Aditya Tarachand Malkani CEO	Chief Executive Officer	46	2020-09-11
Krishnamurthy Suryanarayan DFI	Director of Finance/CFO	53	2026-08-14
Sachin Dobhada CTO	Chief Tech/Sci/R&D Officer	-	2006-05-07
Mustafa Faizullabhoy COO	Chief Operating Officer	53	2022-04-05
Laxmiprasad Bansad CTO	Chief Tech/Sci/R&D Officer	54	2008-10-05

See ADOR WELDING LIMITED governance

Composition of the Board of Directors: Ador Welding Limited

Director	Title	Age	Since
Aditya Tarachand Malkani BRD	Director/Board Member	46	2007-07-26
Deep Ashda Lalvani BRD	Director/Board Member	45	2007-02-26
Ninotchka Malkani Nagpal CHM	Chairman	55	2019-11-18
Ravin Ajit Mirchandani BRD	Director/Board Member	56	2006-07-27
Nita Dempo Mirchandani BRD	Director/Board Member	56	2020-03-31
Tanya Halina Advani BRD	Director/Board Member	35	2019-11-18
Navroze Shiamak Marshall BRD	Director/Board Member	50	2022-05-20
Mihir Jayaraman BRD	Director/Board Member	45	2024-11-08
Jitendra Hiru Panjabi BRD	Director/Board Member	59	2024-07-27
Santosh Janakiram Iyer BRD	Director/Board Member	48	2024-07-27

Composition of the Board of Directors

Shareholders: Ador Welding Limited

Name	Stocks	%	Valuation
Advani Family 45.23 %	7,871,370	45.23 %	141 M ₹
Chryscapital Advisors LLP 5.123 %	891,570	5.123 %	16 M ₹
Gulati Girish Family 2.463 %	428,654	2.463 %	8 M ₹
Aruna Bhagawan Advani 2.261 %	393,414	2.261 %	7 M ₹
quant Money Managers Ltd. 2.18 %	379,436	2.18 %	7 M ₹

List of ADOR WELDING LIMITED shareholders

Holdings: Ador Welding Limited

Name	Stocks	%	Valuation
ADOR WELDING LIMITED 1.01%	175,593	1.01%	3 M $

Company details: Ador Welding Limited

Ador Welding Ltd.

Ador House

400001, Mumbai

+91 22 6623 9300

http://www.adorwelding.com

Welding & Soldering Equipment

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