1023.6000 16.10 (1.60%)
NSE Jun 27, 2025 15:31 PM
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Ador Welding Ltd.
17 Aug 2018
1023.60
1.60%
Karvy
Low base effect, margins under pressure: Q1FY19 results came below our estimates. YoY revenue grew by 17.8% on the back of low base effect. However, Margin performance has disappointed, EBITDA margin is recorded at 7.3% vs our estimate of 10.4% owing to pressure from higher material costs (73.7%).
Ador Welding Ltd. has lost -27.49% in the last 1 Year
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