*Ador Welding Ltd.* | *CMP* Rs. 806 | *M Cap* Rs. 1096 Cr | *52 W H/L* 880/236
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 159.5 Cr (24.7% QoQ, 66.2% YoY) vs QoQ Rs. 127.9 Cr, YoY Rs. 96 Cr
EBIDTA came at Rs. 13 Cr (17.1% QoQ, -369% YoY) vs QoQ Rs. 11.1 Cr, YoY Rs. -4.8 Cr
EBITDA Margin came at 8.2% vs QoQ 8.7%, YoY -5%
Adj. PAT came at Rs. 8.7 Cr vs QoQ Rs. 6.8 Cr, YoY Rs. -5.6 Cr
Quarter EPS is Rs. 6.4
Share is trading at P/E of 31.4x TTM EPS