W H Brady & Co Ltd

W H Brady & Co Ltd

₹ 552 5.74%
04 Jun - close price
About

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

Key Points

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.

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
6.86 9.17 9.95 8.58 9.65 5.34 7.40 8.34 8.43 5.34 4.82 6.06 5.39
6.62 8.75 10.39 9.49 9.74 5.50 6.98 7.92 7.91 5.73 3.91 5.94 7.48
Operating Profit 0.24 0.42 -0.44 -0.91 -0.09 -0.16 0.42 0.42 0.52 -0.39 0.91 0.12 -2.09
OPM % 3.50% 4.58% -4.42% -10.61% -0.93% -3.00% 5.68% 5.04% 6.17% -7.30% 18.88% 1.98% -38.78%
0.18 1.93 1.24 1.80 0.95 2.06 2.19 1.41 -1.25 2.36 0.15 1.37 0.09
Interest 0.04 0.04 0.09 0.11 0.11 0.13 0.13 0.13 0.11 0.11 0.12 0.09 0.08
Depreciation 0.18 0.14 0.15 0.15 0.16 0.18 0.25 0.27 0.43 0.37 0.39 0.41 0.39
Profit before tax 0.20 2.17 0.56 0.63 0.59 1.59 2.23 1.43 -1.27 1.49 0.55 0.99 -2.47
Tax % -45.00% 32.72% 44.64% 25.40% -1.69% 20.13% 31.84% 23.08% -44.88% 27.52% -18.18% 26.26% -36.44%
0.28 1.46 0.31 0.47 0.60 1.27 1.51 1.10 -0.71 1.08 0.66 0.73 -1.57
EPS in Rs 1.10 5.73 1.22 1.84 2.35 4.98 5.92 4.31 -2.78 4.24 2.59 2.86 -6.16
Raw PDF

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
External Revenue - Trading (Consolidated)
Rs. Lakhs
Dealership Deposits (as proxy for dealer base)
Rs. Lakhs
Debtors Turnover
Days
Manufacturing Facility Count (BMECL Subsidiary)
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76%
0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14%
26.09% 26.09% 26.09% 26.09% 26.10% 26.09% 26.10% 26.10% 26.09% 26.10% 26.09% 26.09%
No. of Shareholders 1,2271,2401,3551,3981,4921,7332,0451,9901,9622,0481,9701,927

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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