Declaration of Interim Dividend

peace of mind'" AWL/SEC/SE/2026-27/48 2tst October, 2026 BSE LTD. NATIONAL STOCK EXCHANGE OF INDIA LTD Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, 1st Floor, Dalal Street, Bandra-Kurla Complex Fort, Mumbai - 400 023 Sandra (East), Mumbai -400 051. Company Scrip Code: 517041 Company Symbol: ADOR Dear Sir / Madam, Sub: Outcome of the Board Meeting This is to inform you that the Meeting of the Board of Directors of our Company was held today i.e. on Wednesday, 21st October, 2026, which commenced at 12:00 Noon and concluded at03; I 5 ~ hich inter alia, considered and approved/ noted particularly the following, amongst other things: a. Unaudited Financial Results (UFR): Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a copy of Unaudited Financial Results (Standalone & Consolidated) for the second quarter and half year ended 30th September, 2026. b. Limited Review Report Copy of the Limited Review Report, received from the Statutory Auditors, M/s. BSR & Co. LLP, Chartered Accountants, in respect of the said Unaudited Financial Results (Standalone & Consolidated) for the second quarter and half year ended 30th September, 2026. The aforesaid results shall be uploaded onto the website of the Company at www.adorwelding.com & extract of the same shall be published in the Newspapers as well. c. Declaration of Interim Dividend The Board of Directors declared an interim dividend of Rs. 7.50 /-per equity share for the financial year 2026- 27. The Record Date for ascertaining the names of the Shareholders, who will be entitled to receive the said dividend is Friday, 30th October, 2026. The dividend will be paid on or before Friday, 20th November, 2026. This intimation is also being uploaded on the Company's website and can be accessed at https://www.adorwelding.com/events / We hereby request you to make a note of it and acknowledge its receipt. Thanking you, Yours Sincerely, For ADOR WELDING LIMITED VINA YAK M. BHIDE COMPANY SECRETARY Encl: As above ADOR WELDING LIMITED Regd. & Corporate Office: Ador House, 6, K. Dubash Marg, Fort, Mumbai-400 001-16, Maharashtra, India. +9122 6623 9300 I www.adorwelding.com I CIN: L70100MH1951PLC008647 \l,, 1800 2331071 I B care@adorians.com I (9+9120 40706000 BS R & Co. LLP 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East), Mumbai - 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited standalone financial results of Ador Welding Limited for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Ador Welding Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Ador Welding Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 ("the Statement"). 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Partner Mumbai Membership No.: 078305 21 October 2026 U DIN :26078305SU PAO 19256 Registered Office: BS R & Co. (a partnership firm with Registration No. BA61223) converted into BS R & Co. LLP (a 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Center, Western Express Highway, Goregaon (East), Mumbai -400063 Page 1 of 1 -¢-ador po,.:>ce or mind Ador \Velding Limited Regel. Office: Ador House, 6, K.Dubash Marg, Fort, Mumbai -400 001-16 CIN: L70!00MH1951PLC008647 Tei, +9122 66239300 I 22842525 Faxo +9122 22873083 E-mail -i.nvcstorscrvices(gadorians.com W/cbsite-www.adorwclding.com Statement of Unaudited Standalone Financial Results for the Quater and Half year ended 30 September 2026 (INR in lakhs) s,. Particulars Quarter ended Half year ended Year ended No. 30 September 2026 30 June 2026 30 Septcm ber 2025 30 September 2026 30 September 2025 31 March 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 Income ReYcnue from operations 34,-120 30,863 28,000 65,283 53,054 1,13,545 Other income 480 702 -173 1,182 1,010 1,964 Total income 34,900 31,565 28,473 66,465 54,064 1,15,509 2 Expenses Cost of materials consumed 19,908 20,02-1 13,731 39,932 28,790 61,809 Purchases of stock-in-trnde 1,929 3,833 1,358 5,762 5,212 9,562 Changes in inventories of finished goods, work-in-progress, stock-in-trnde and right to 830 (4,223) 2,13-1 (3,393) (1,-140) (640) recover returned goods Employee benefits expense 3,272 .J,068 2,860 6,340 5,737 11,574 Finance costs 117 81 63 198 147 220 Depreciation and amortisation expense 495 497 -174 992 9-14 1,930 Onerous cost and Liquidated Damages (refer note -l-) 2,792 2,482 Impairment reversal on trade receivables (refer note 6) (1,412) Other expenses 4,76-1 -1,629 4,425 9,393 8,909 18,024 Total expenses 31,315 27,909 25,045 59,224 51,091 1,03,549 3 Profit/ (Loss) before exceptional items and tax (1-2) 3,585 3,656 3,428 7,241 2,973 11,960 4 Exceptional items (refer note 3) (831) 5 Profit/ (Loss) before tax (3-4) 3,585 3,656 3,428 7,241 2,973 11,129 6 Tax expenses Current tax 875 921 892 1,796 1,231 3,295 Deferred tax 42 (26) 42 (474) (-146) Total tax expenses (net) 917 921 866 1,838 757 2,849 7 Profit/ (Loss) for the period /year (5-6) 2,668 2,735 2,562 5,403 2,216 8,280 8 Other comprehensive income for the period /year (net of tax) Items that will not to be reclassified to statement of profit and 0oss) -Re-measurement of net defined benefit liability (69) (109) (69) (109) (75) -Income tax relating to above item 17 27 17 27 19 9 Total comprehensive income for the period/ year (after tax) 2,616 2,735 2,480 5,351 2,134 8,224 10 Paid-up equity sh [Showing first 8,000 characters — download PDF for full document]