Ador Fontech Overview
Fundamentals of Ador Fontech
|P/E Ratio (TTM)||19.17|
|Debt to Equity||0|
Financials of Ador Fontech
|Sep 2022||Dec 2022||Mar 2023||Jun 2023|
|Profit before tax||5.62||7.21||8.7||7.23|
|EPS in Rs||0.9||1.5||1.7||1.5|
About Ador Fontech
Ador Fontech Ltd, an associate company of Advani Oerlikon was incorporated in Aug 1974, as Cosmics Fontech and subsequently changed its name to Ador Fontech and become a public limited company in Nov ... 1993. The company is promoted by Ashda Dayal Lalvani, Jai Kishan Chandna and Advani Oerlikon. In 1992, the company acquired Fist India (P) Ltd and Kostech India Pvt Ltd, This companies were subsequently merged with the company and made as a division of it. In 1995, the company expanded the Kostech facility at Nagpur and to partfinance this project it came out with a public issue in Mar.'95. The company offers products and solutions for reclamation welding and recycling of vital machinery components. The company's product basket includes filler wires, welding equipment/accessories, wire feeders, wearplates and cladded pipes. Apart from manufacturing the beforesaid products the company has also acts as a value added reseller role for Alloy Steel International, Australia; Berkenhoff, Germany; CEA, Italy; Cepro, Netherlands; Degussa, Germany; Delora Stellite,Germany; Euromate,Netherlands; Gasflux, USA; Protector, Australia/Singapore; Sulzer Metco, Swiz/USA for their products in India. The company has also offers high temperature process for maintenance products from AREMCO, USA for the repair and corrosion protection of metal and refractory materials. The Ahmednagar plant of Fist Division produces 'A' series products of the ADFL Range. The Nagbur facility of Kostech Division is continously expanding capacity to offer hightech state-of-the art welding and metal spray for repair, reclaim and rebuild vital machinery parts for core sector industries. The products are marketed under the brand names, Oerlikon-Fon, Fonmatic and Fonarc. The new Zip Arc division has specially formulated a range of maintenance and surfacing alloys as solution to wear and industrial maintenace problems. Read More
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