W H Brady & Co Ltd
Incorporated in 1913, W. H. Brady & Company Ltd is in the business of trading material handling equipment, aviation support service, general engineering item, and Renting of Space Building
- Market Cap ₹ 212 Cr.
- Current Price ₹ 832
- High / Low ₹ 1,325 / 552
- Stock P/E 67.0
- Book Value ₹ 190
- Dividend Yield 0.00 %
- ROCE 8.49 %
- ROE 6.85 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 30.9 to 22.4 days.
Cons
- Stock is trading at 4.37 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.26% over past five years.
- Company has a low return on equity of 5.69% over last 3 years.
- Earnings include an other income of Rs.4.42 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Other Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20.74 | 18.91 | 20.03 | 22.54 | 20.28 | 23.09 | 33.08 | 20.11 | 22.04 | 26.28 | 37.35 | 29.50 | |
15.10 | 13.17 | 14.17 | 16.76 | 15.09 | 17.25 | 27.90 | 16.50 | 19.53 | 23.89 | 38.21 | 28.33 | |
Operating Profit | 5.64 | 5.74 | 5.86 | 5.78 | 5.19 | 5.84 | 5.18 | 3.61 | 2.51 | 2.39 | -0.86 | 1.17 |
OPM % | 27.19% | 30.35% | 29.26% | 25.64% | 25.59% | 25.29% | 15.66% | 17.95% | 11.39% | 9.09% | -2.30% | 3.97% |
0.99 | -0.22 | 0.16 | 0.58 | 0.56 | 0.11 | 0.49 | 0.29 | 0.86 | 0.96 | 5.76 | 4.42 | |
Interest | 1.53 | 1.59 | 1.16 | 1.40 | 1.48 | 1.16 | 0.75 | 0.39 | 0.34 | 0.27 | 0.35 | 0.49 |
Depreciation | 0.84 | 1.28 | 1.01 | 0.92 | 0.83 | 0.86 | 1.15 | 0.96 | 0.84 | 0.70 | 0.61 | 1.14 |
Profit before tax | 4.26 | 2.65 | 3.85 | 4.04 | 3.44 | 3.93 | 3.77 | 2.55 | 2.19 | 2.38 | 3.94 | 3.96 |
Tax % | 21.13% | 15.85% | 23.64% | 22.03% | 20.64% | 22.65% | 14.85% | 18.43% | 15.98% | 14.29% | 28.17% | 20.20% |
3.36 | 2.23 | 2.95 | 3.16 | 2.73 | 3.05 | 3.20 | 2.08 | 1.84 | 2.05 | 2.84 | 3.17 | |
EPS in Rs | 13.18 | 8.75 | 11.57 | 12.39 | 10.71 | 11.96 | 12.55 | 8.16 | 7.22 | 8.04 | 11.14 | 12.43 |
Dividend Payout % | 11.38% | 11.43% | 6.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -2% |
3 Years: | 10% |
TTM: | -21% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | 0% |
3 Years: | 19% |
TTM: | 56% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 50% |
3 Years: | 59% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 | 2.55 |
Reserves | 49.20 | 49.03 | 49.80 | 51.97 | 52.67 | 53.90 | 55.25 | 33.27 | 35.92 | 37.43 | 41.48 | 46.01 |
16.01 | 20.37 | 18.94 | 11.96 | 6.99 | 5.83 | 3.26 | 3.16 | 2.17 | 2.18 | 2.61 | 9.69 | |
2.74 | 2.80 | 4.20 | 7.27 | 10.36 | 8.85 | 9.96 | 9.41 | 9.39 | 9.62 | 13.73 | 2.84 | |
Total Liabilities | 70.50 | 74.75 | 75.49 | 73.75 | 72.57 | 71.13 | 71.02 | 48.39 | 50.03 | 51.78 | 60.37 | 61.09 |
42.07 | 38.94 | 36.75 | 34.81 | 32.97 | 32.42 | 29.69 | 4.54 | 3.70 | 4.03 | 4.29 | 6.89 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 8.55 | 8.25 | 21.23 | 22.12 | 22.73 | 22.98 | 21.62 | 24.71 | 27.76 | 31.08 | 39.75 | 38.09 |
19.88 | 27.56 | 17.51 | 16.82 | 16.87 | 15.73 | 19.71 | 19.14 | 18.57 | 16.67 | 16.33 | 16.11 | |
Total Assets | 70.50 | 74.75 | 75.49 | 73.75 | 72.57 | 71.13 | 71.02 | 48.39 | 50.03 | 51.78 | 60.37 | 61.09 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5.98 | 13.92 | 0.61 | 2.98 | 9.16 | 3.35 | -0.15 | 3.42 | 3.99 | 6.15 | 2.15 | 0.90 | |
9.00 | 0.20 | -13.51 | -0.69 | -1.09 | -2.39 | 1.26 | -3.26 | -2.61 | -6.14 | -2.31 | -0.07 | |
-3.22 | 2.21 | -3.02 | -2.97 | -2.42 | -1.67 | -1.13 | -0.36 | -1.22 | -1.92 | -0.06 | -0.27 | |
Net Cash Flow | -0.20 | 16.33 | -15.92 | -0.68 | 5.65 | -0.71 | -0.02 | -0.19 | 0.17 | -1.91 | -0.22 | 0.56 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32.56 | 31.66 | 66.51 | 53.44 | 36.54 | 27.66 | 39.06 | 66.61 | 36.76 | 31.11 | 39.19 | 22.39 |
Inventory Days | 29.72 | 37.71 | 176.49 | 110.60 | 40.85 | 25.39 | 17.86 | 27.22 | 9.72 | 3.91 | 0.00 | 0.00 |
Days Payable | 4.19 | 5.59 | 90.18 | 5.65 | 54.17 | 54.20 | 37.24 | 109.40 | 51.05 | 28.49 | ||
Cash Conversion Cycle | 58.08 | 63.78 | 152.82 | 158.38 | 23.21 | -1.14 | 19.68 | -15.56 | -4.56 | 6.54 | 39.19 | 22.39 |
Working Capital Days | 232.30 | 108.48 | 160.36 | 174.57 | 77.39 | 90.26 | 128.77 | 227.97 | 24.84 | -8.61 | 6.25 | 32.54 |
ROCE % | 7.18% | 6.61% | 7.12% | 7.91% | 7.65% | 8.23% | 7.38% | 5.90% | 6.48% | 6.40% | 7.16% | 8.49% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY ended March 31, 2025 filed; no violations reported.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May
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Announcement under Regulation 30 (LODR)-Change in Management
24 May - Audited FY25 standalone and consolidated results approved; internal auditors appointed for FY26.
- Results For The Quarter And Year Ended March 31, 2025 24 May
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Board Meeting Outcome for Outcome Of The Board Meeting Held On May 24, 2025
24 May - Audited standalone and consolidated FY25 results; internal auditors appointed for FY26; unmodified audit opinion.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company provides support services and solutions for Aviation and Highways sectors in India. It is also deals in Trading Material Handling Equipment. These products are distributed throughout India by a network of dealers and distributors which are managed by its subsidiary Brady & Morris Engineering Co. Ltd.