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 ₹ 141 Cr.
- Current Price ₹ 552
- High / Low ₹ 1,032 / 477
- Stock P/E 156
- Book Value ₹ 190
- Dividend Yield 0.00 %
- ROCE 1.77 %
- ROE 1.86 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 26.5 to 17.9 days.
Cons
- Stock is trading at 2.91 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 1.45% over past five years.
- Company has a low return on equity of 4.83% over last 3 years.
- Earnings include an other income of Rs.3.97 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.91 | 20.03 | 22.54 | 20.28 | 23.09 | 33.08 | 20.11 | 22.04 | 26.28 | 37.35 | 29.50 | 21.61 | |
| 13.17 | 14.17 | 16.76 | 15.09 | 17.25 | 27.90 | 16.50 | 19.53 | 23.89 | 38.21 | 27.52 | 23.05 | |
| Operating Profit | 5.74 | 5.86 | 5.78 | 5.19 | 5.84 | 5.18 | 3.61 | 2.51 | 2.39 | -0.86 | 1.98 | -1.44 |
| OPM % | 30.35% | 29.26% | 25.64% | 25.59% | 25.29% | 15.66% | 17.95% | 11.39% | 9.09% | -2.30% | 6.71% | -6.66% |
| -0.22 | 0.16 | 0.58 | 0.56 | 0.11 | 0.49 | 0.29 | 0.86 | 0.96 | 5.76 | 3.61 | 3.97 | |
| Interest | 1.59 | 1.16 | 1.40 | 1.48 | 1.16 | 0.75 | 0.39 | 0.34 | 0.27 | 0.35 | 0.49 | 0.40 |
| Depreciation | 1.28 | 1.01 | 0.92 | 0.83 | 0.86 | 1.15 | 0.96 | 0.84 | 0.70 | 0.61 | 1.14 | 1.56 |
| Profit before tax | 2.65 | 3.85 | 4.04 | 3.44 | 3.93 | 3.77 | 2.55 | 2.19 | 2.38 | 3.94 | 3.96 | 0.57 |
| Tax % | 15.85% | 23.64% | 22.03% | 20.64% | 22.65% | 14.85% | 18.43% | 15.98% | 14.29% | 28.17% | 20.20% | -57.89% |
| 2.23 | 2.95 | 3.16 | 2.73 | 3.05 | 3.20 | 2.08 | 1.84 | 2.05 | 2.84 | 3.17 | 0.90 | |
| EPS in Rs | 8.75 | 11.57 | 12.39 | 10.71 | 11.96 | 12.55 | 8.16 | 7.22 | 8.04 | 11.14 | 12.43 | 3.53 |
| Dividend Payout % | 11.43% | 6.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 1% |
| 3 Years: | -6% |
| TTM: | -27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -16% |
| 3 Years: | -24% |
| TTM: | -76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 31% |
| 3 Years: | 24% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 49.03 | 49.80 | 51.97 | 52.67 | 53.90 | 55.25 | 33.27 | 35.92 | 37.43 | 41.48 | 46.01 | 45.82 |
| 20.37 | 18.94 | 11.96 | 6.99 | 5.83 | 3.26 | 3.16 | 2.17 | 2.18 | 2.61 | 1.88 | 10.97 | |
| 2.80 | 4.20 | 7.27 | 10.36 | 8.85 | 9.96 | 9.41 | 9.39 | 9.62 | 13.74 | 10.65 | 2.34 | |
| Total Liabilities | 74.75 | 75.49 | 73.75 | 72.57 | 71.13 | 71.02 | 48.39 | 50.03 | 51.78 | 60.38 | 61.09 | 61.68 |
| 38.94 | 36.75 | 34.81 | 32.97 | 32.42 | 29.69 | 4.54 | 3.70 | 4.03 | 4.29 | 6.89 | 15.46 | |
| 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 | 8.25 | 21.23 | 22.12 | 22.73 | 22.98 | 21.62 | 24.71 | 27.76 | 31.08 | 39.75 | 38.09 | 30.46 |
| 27.56 | 17.51 | 16.82 | 16.87 | 15.73 | 19.71 | 19.14 | 18.57 | 16.67 | 16.34 | 16.11 | 15.76 | |
| Total Assets | 74.75 | 75.49 | 73.75 | 72.57 | 71.13 | 71.02 | 48.39 | 50.03 | 51.78 | 60.38 | 61.09 | 61.68 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.92 | 0.61 | 2.98 | 9.16 | 3.35 | -0.15 | 3.42 | 3.99 | 6.15 | 2.15 | 0.90 | 2.13 | |
| 0.20 | -13.51 | -0.69 | -1.09 | -2.39 | 1.26 | -3.26 | -2.61 | -6.14 | -2.31 | -0.07 | -2.89 | |
| 2.21 | -3.02 | -2.97 | -2.42 | -1.67 | -1.13 | -0.36 | -1.22 | -1.92 | -0.06 | -0.27 | -0.23 | |
| Net Cash Flow | 16.33 | -15.92 | -0.68 | 5.65 | -0.71 | -0.02 | -0.19 | 0.17 | -1.91 | -0.22 | 0.56 | -0.99 |
| Free Cash Flow | 13.68 | -0.17 | 2.13 | 8.64 | 1.10 | -0.37 | 2.72 | 3.96 | 5.15 | 1.59 | -3.29 | -8.11 |
| CFO/OP | 252% | 24% | 66% | 189% | 79% | -3% | 91% | 163% | 256% | -205% | 94% | -270% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31.66 | 66.51 | 53.44 | 36.54 | 27.66 | 39.06 | 66.61 | 36.76 | 31.11 | 39.19 | 22.39 | 17.90 |
| Inventory Days | 37.71 | 176.49 | 110.60 | 40.85 | 25.39 | 17.86 | 27.22 | 9.72 | 3.91 | 0.00 | 0.00 | 0.00 |
| Days Payable | 5.59 | 90.18 | 5.65 | 54.17 | 54.20 | 37.24 | 109.40 | 51.05 | 28.49 | |||
| Cash Conversion Cycle | 63.78 | 152.82 | 158.38 | 23.21 | -1.14 | 19.68 | -15.56 | -4.56 | 6.54 | 39.19 | 22.39 | 17.90 |
| Working Capital Days | 59.64 | 115.90 | 133.11 | 77.39 | 60.54 | 110.89 | 190.03 | -6.46 | -38.89 | -17.69 | 12.50 | 5.57 |
| ROCE % | 6.61% | 7.12% | 7.91% | 7.65% | 8.23% | 7.38% | 5.90% | 6.48% | 6.40% | 7.16% | 10.51% | 1.77% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| External Revenue - Manufacturing (Consolidated) Rs. Lakhs |
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| External Revenue - Rental/License Fees (Consolidated) Rs. Lakhs |
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| External Revenue - Trading (Consolidated) Rs. Lakhs |
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| Dealership Deposits (as proxy for dealer base) Rs. Lakhs |
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| Debtors Turnover Days |
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| Manufacturing Facility Count (BMECL Subsidiary) Number |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Submitted Annual Secretarial Compliance Report for FY ended 31 March 2026; no non-compliances reported.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper Publication of Financial Results for the Quarter ended March 31, 2026
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Appointment of Company Secretary and Compliance Officer
27 May - Board approved audited FY26 results, appointed internal auditors, and named new Company Secretary from June 1, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
27 May - Board approved FY26 audited results, appointed internal auditors and new company secretary; land converted to freehold.
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Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended March 31, 2026
27 May - Board approved FY26 audited standalone and consolidated results; appointed internal auditors and CS from June 1, 2026.
Annual reports
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Financial Year 2025
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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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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.