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Ador Welding reported 5% revenue growth in FY25 with strong operating cash flow of ~INR 139 Cr and remained net debt-free. Its international business grew over 25%, entering new markets like the USA and Australia. Q4 revenue stood at INR 308 Cr with a 10.4% EBITDA margin, slightly down YoY due to cost pressures. The company focuses on volume growth, margin improvement, operational excellence, innovation, and high-end welding consumables. Merger integration is advancing, creating manufacturing and cost synergies. Management highlighted growth from new products, digitalization, and enhanced customer engagement.