990.5000 2.65 (0.27%)
NSE Jun 06, 2025 15:31 PM
Volume: 4,839
 

logo
Ador Welding Ltd.
25 Jun 2020
990.50
0.27%
ICICI Securities Limited
Equipment and project & engineering business revenue fell 10.5% YoY to | 34 crore while it reported loss of | 1.7 crore at EBIT level (vs. | 7.1 crore EBIT loss in Q4FY19). For FY20, this segment reported revenue at | 122.9 crore, down 3.7%, YoY. Within this segment, equipment business fell ~4.7%, YoY and project engineering business (PEB) grew 18% YoY backed by decent execution for FY20. For FY20, PEB business reported PBT level loss of ~| 17 crore while equipment business reported PBT level profit of ~| 3.5 crore. We expect PEB losses to reduce further in next two years with focus on...
Ador Welding Ltd. has an average target of 1621.00 from 1 broker.
More from Ador Welding Ltd.
Recommended