W H Brady & Co Ltd

W H Brady & Co Ltd

₹ 912 -0.87%
11 Dec 4:00 p.m.
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 236 Cr.
  • Current Price 912
  • High / Low 1,325 / 403
  • Stock P/E 21.8
  • Book Value 269
  • Dividend Yield 0.00 %
  • ROCE 20.8 %
  • ROE 13.3 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 11.6% over last 3 years.
  • Earnings include an other income of Rs.7.40 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

Sector: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
13.51 15.21 19.59 17.58 20.28 17.62 18.91 17.67 18.88 22.72 30.21 24.24 26.97
11.46 13.36 17.23 15.72 17.26 15.31 16.40 14.74 16.74 20.19 26.52 20.89 23.08
Operating Profit 2.05 1.85 2.36 1.86 3.02 2.31 2.51 2.93 2.14 2.53 3.69 3.35 3.89
OPM % 15.17% 12.16% 12.05% 10.58% 14.89% 13.11% 13.27% 16.58% 11.33% 11.14% 12.21% 13.82% 14.42%
0.29 0.25 0.62 0.14 0.48 0.44 0.37 2.14 1.46 1.87 1.06 2.14 2.33
Interest 0.18 0.18 0.28 0.17 0.19 0.27 0.19 0.20 0.21 0.40 0.31 0.26 0.24
Depreciation 0.34 0.36 0.37 0.26 0.33 0.33 0.35 0.28 0.29 0.32 0.34 0.41 0.49
Profit before tax 1.82 1.56 2.33 1.57 2.98 2.15 2.34 4.59 3.10 3.68 4.10 4.82 5.49
Tax % 25.82% 39.10% 14.16% 30.57% 18.79% 28.37% 22.65% 29.41% 27.74% 27.72% 23.90% 23.65% 28.05%
1.35 0.95 2.00 1.09 2.41 1.54 1.80 3.23 2.24 2.66 3.13 3.68 3.94
EPS in Rs 4.20 3.02 6.90 3.10 8.04 4.82 5.41 10.75 6.75 8.08 9.57 11.84 12.86
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
44 46 45 46 50 39 59 67 52 59 74 89 104
35 36 37 38 42 36 49 59 45 52 65 78 91
Operating Profit 9 10 8 8 8 3 10 8 7 8 10 11 13
OPM % 20% 22% 18% 18% 16% 7% 16% 12% 13% 13% 13% 13% 13%
0 -0 -0 0 1 4 1 1 1 1 2 6 7
Interest 3 3 3 2 3 3 2 2 1 1 1 1 1
Depreciation 2 2 2 2 2 2 2 2 2 1 1 1 2
Profit before tax 4 5 3 4 4 2 6 6 6 7 9 15 18
Tax % 15% 17% 17% 21% 22% 31% 21% 15% 11% 25% 24% 27%
3 4 2 3 3 2 5 5 5 5 7 11 13
EPS in Rs 13.02 16.35 8.35 12.12 12.59 7.49 17.80 17.69 16.86 16.27 21.37 35.14 42.35
Dividend Payout % 12% 9% 18% 6% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 9%
3 Years: 19%
TTM: 43%
Compounded Profit Growth
10 Years: 5%
5 Years: 10%
3 Years: 20%
TTM: 53%
Stock Price CAGR
10 Years: 21%
5 Years: 60%
3 Years: 77%
1 Year: 73%
Return on Equity
10 Years: 7%
5 Years: 10%
3 Years: 12%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 47 49 49 50 52 52 55 58 38 43 48 58 66
25 24 44 30 22 18 14 5 4 6 6 5 9
23 12 15 15 30 24 23 21 18 25 25 34 33
Total Liabilities 97 88 111 97 107 97 94 86 62 76 81 100 111
57 54 50 48 46 43 41 38 12 11 12 15 15
CWIP 1 1 1 2 2 1 1 1 1 1 2 1 2
Investments 0 1 1 1 2 3 3 2 11 18 25 35 42
39 31 59 46 56 50 48 45 38 46 43 50 51
Total Assets 97 88 111 97 107 97 94 86 62 76 81 100 111

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-5 -7 -0 3 7 3 8 7 11 5 11 8
11 8 -0 -2 -2 4 -2 1 -6 -3 -7 -1
-7 -1 1 -4 -5 -1 -6 -8 -5 -2 -6 -7
Net Cash Flow -2 -0 0 -3 -1 6 -0 0 1 -0 -2 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 172 101 122 147 198 132 92 67 73 94 76 86
Inventory Days 189 181 226 223 236 420 209 179 143 157 109 102
Days Payable 268 110 140 142 255 264 146 97 71 92 60 55
Cash Conversion Cycle 93 173 208 228 180 288 155 149 145 159 125 133
Working Capital Days 119 125 198 215 196 215 148 143 156 94 68 77
ROCE % 9% 11% 7% 7% 9% 2% 12% 11% 11% 15% 17% 21%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76%
0.15% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14%
26.09% 26.10% 26.10% 26.09% 26.09% 26.08% 26.09% 26.09% 26.09% 26.09% 26.10% 26.09%
No. of Shareholders 1,0721,0711,0771,0891,2151,1751,2271,2401,3551,3981,4921,733

* 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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