Ador Fontech Bse

[Marcelene Vasconez]

Iremember this company used to feature prominently in ValuePickr early Screeners and got us many of our first readers. I never could understand where the growth would come for this company and always skipped giving it the good look it deserves.

Opportunities in repair and reclamation :

Lot of opportunities exists in terms of job work repairs. However, it is essential to understand the requirements and facilitate impeccable execution. It is the latter which offers lot many challenges including locating the right contractors, ensuring compliances etc. While there are plethora of opportunities in this sector, there are corresponding risks associated and it becomes essential to tread with care.

While it is essential to scale higher, it is all the more essential to ensure that the basic tenets of business remains well insulated.

Once these two are done, Customers often seek for performance guarantees. While organisations may provide warranties based on past experiences, potential risk factors have to be reckoned, as metals and metallic properties would have undergone structural changes with usage. Hence prediction with certainty cannot be

ensured and the risk perception will continue to remain as a perennial phenomena.

Working capital of the Company has been on an increase in the recent. Nonetheless, business of Ador Fontech Limited is primarily in the B2B segment and more oriented towards public sector undertakings and large business conglomerates. While there may be

some possible delays, reliability in collection remains intact.

3D Future Technologies is sill at its nascent stage and has a capital base of rupees four crores. Two crores of equity contribution from Adon fontech and has extended corporate guarantees . 3D future in turn has invested 50lakhs in The CENTER for TECHNOLOGY ASSISTED RECONSTRUCTIVE SURGERY (CTARS) .

Mainly dealing in Oro-maxillofacial reconstruction surgeries, involving 3D custom printing. Its a chennai based start up. It seems to be in partnership with Ador .

Hi,

While there are some faint signs of revival . GST has put a dampner over the capital goods space.

Results and Management commentary from other capital goods players like Thermax, Elecon show a marked contraction in Q1 and expected to affect Q2 too.

Ador is yet to announce Q1 results. Some more pain left in the stock IMO.

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