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 ₹ 143 Cr.
- Current Price ₹ 563
- High / Low ₹ 625 / 240
- Stock P/E 56.9
- Book Value ₹ 164
- Dividend Yield 0.00 %
- ROCE 6.40 %
- ROE 5.23 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 44.8 to 31.1 days.
Cons
- Stock is trading at 3.42 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 5.32% over past five years.
- Company has a low return on equity of 4.89% over last 3 years.
- Earnings include an other income of Rs.5.15 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
18.40 | 21.71 | 20.74 | 18.91 | 20.03 | 22.54 | 20.28 | 23.09 | 33.08 | 20.11 | 22.04 | 26.28 | 34.56 | |
13.90 | 15.46 | 15.10 | 13.17 | 14.17 | 16.76 | 15.09 | 17.25 | 27.90 | 16.50 | 19.53 | 23.89 | 35.25 | |
Operating Profit | 4.50 | 6.25 | 5.64 | 5.74 | 5.86 | 5.78 | 5.19 | 5.84 | 5.18 | 3.61 | 2.51 | 2.39 | -0.69 |
OPM % | 24.46% | 28.79% | 27.19% | 30.35% | 29.26% | 25.64% | 25.59% | 25.29% | 15.66% | 17.95% | 11.39% | 9.09% | -2.00% |
0.23 | -0.01 | 0.99 | -0.22 | 0.16 | 0.58 | 0.56 | 0.11 | 0.49 | 0.29 | 0.86 | 0.96 | 5.15 | |
Interest | 1.27 | 1.96 | 1.53 | 1.59 | 1.16 | 1.40 | 1.48 | 1.16 | 0.75 | 0.39 | 0.34 | 0.27 | 0.28 |
Depreciation | 0.83 | 0.96 | 0.84 | 1.28 | 1.01 | 0.92 | 0.83 | 0.86 | 1.15 | 0.96 | 0.84 | 0.70 | 0.62 |
Profit before tax | 2.63 | 3.32 | 4.26 | 2.65 | 3.85 | 4.04 | 3.44 | 3.93 | 3.77 | 2.55 | 2.19 | 2.38 | 3.56 |
Tax % | 17.49% | 18.07% | 21.13% | 15.85% | 23.64% | 22.03% | 20.64% | 22.65% | 14.85% | 18.43% | 15.98% | 14.29% | |
2.17 | 2.72 | 3.36 | 2.23 | 2.95 | 3.16 | 2.73 | 3.05 | 3.20 | 2.08 | 1.84 | 2.05 | 2.52 | |
EPS in Rs | 8.51 | 10.67 | 13.18 | 8.75 | 11.57 | 12.39 | 10.71 | 11.96 | 12.55 | 8.16 | 7.22 | 8.04 | 9.89 |
Dividend Payout % | 17.63% | 14.06% | 11.38% | 11.43% | 6.48% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 5% |
3 Years: | -7% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | -6% |
3 Years: | -14% |
TTM: | -2% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 38% |
3 Years: | 68% |
1 Year: | 115% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2.55 |
Reserves | 47.93 | 48.18 | 49.20 | 49.03 | 49.80 | 51.97 | 52.67 | 53.90 | 55.25 | 33.27 | 35.92 | 37.43 | 39.36 |
21.43 | 18.93 | 16.01 | 20.37 | 18.94 | 11.96 | 6.99 | 5.83 | 3.26 | 3.16 | 2.17 | 2.18 | 2.85 | |
2.42 | 2.19 | 2.74 | 2.80 | 4.20 | 7.27 | 10.36 | 8.85 | 9.96 | 9.41 | 9.39 | 9.63 | 14.20 | |
Total Liabilities | 74.33 | 71.85 | 70.50 | 74.75 | 75.49 | 73.75 | 72.57 | 71.13 | 71.02 | 48.39 | 50.03 | 51.79 | 58.96 |
47.31 | 44.37 | 42.07 | 38.94 | 36.75 | 34.81 | 32.97 | 32.42 | 29.69 | 4.54 | 3.70 | 4.03 | 4.27 | |
CWIP | 0.01 | -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 | 7.95 | 8.15 | 8.55 | 8.25 | 21.23 | 22.12 | 22.73 | 22.98 | 21.62 | 24.71 | 27.76 | 31.08 | 35.09 |
19.06 | 19.33 | 19.88 | 27.56 | 17.51 | 16.82 | 16.87 | 15.73 | 19.71 | 19.14 | 18.57 | 16.68 | 19.60 | |
Total Assets | 74.33 | 71.85 | 70.50 | 74.75 | 75.49 | 73.75 | 72.57 | 71.13 | 71.02 | 48.39 | 50.03 | 51.79 | 58.96 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3.15 | -8.18 | -5.98 | 13.92 | 0.61 | 2.98 | 9.16 | 3.35 | -0.15 | 3.42 | 3.99 | 6.15 | |
-4.15 | 9.46 | 9.00 | 0.20 | -13.51 | -0.69 | -1.09 | -2.39 | 1.26 | -3.26 | -2.61 | -6.14 | |
9.49 | -3.19 | -3.22 | 2.21 | -3.02 | -2.97 | -2.42 | -1.67 | -1.13 | -0.36 | -1.22 | -1.92 | |
Net Cash Flow | 2.19 | -1.91 | -0.20 | 16.33 | -15.92 | -0.68 | 5.65 | -0.71 | -0.02 | -0.19 | 0.17 | -1.91 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 30.75 | 56.83 | 32.56 | 31.66 | 66.51 | 53.44 | 36.54 | 27.66 | 39.06 | 66.61 | 36.76 | 31.11 |
Inventory Days | 42.94 | 29.49 | 29.72 | 37.71 | 176.49 | 110.60 | 40.85 | 25.39 | 17.86 | 27.22 | 9.72 | 3.91 |
Days Payable | 13.25 | 6.25 | 4.19 | 5.59 | 90.18 | 5.65 | 54.17 | 54.20 | 37.24 | 109.40 | 51.05 | 28.49 |
Cash Conversion Cycle | 60.44 | 80.07 | 58.08 | 63.78 | 152.82 | 158.38 | 23.21 | -1.14 | 19.68 | -15.56 | -4.56 | 6.54 |
Working Capital Days | 222.77 | 220.75 | 232.30 | 108.48 | 160.36 | 174.57 | 77.39 | 90.26 | 128.77 | 227.97 | 24.84 | -8.47 |
ROCE % | 5.63% | 7.33% | 7.18% | 6.61% | 7.12% | 7.91% | 7.65% | 8.23% | 7.38% | 5.90% | 6.48% | 6.40% |
Documents
Announcements
-
March 31, 2024
20 Apr - Compliance Certificate pursuant to Regulation 7(3) of SEBI (LODR) Regulations, 2015
-
Compliance For The Year Ended March 31, 2024
20 Apr - Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2024.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Mar - Of Completion of Term of Mr. Pinaki Misra - Independent Director of the Company.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Mar - Of Completion of Term of Mr. Kaushik D. Shah - Independent Director of the Company.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
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.