Brady & Morris Engineering Company Ltd
₹ 778
6.93%
20 Mar
- close price
About
Incorporated in 1946, Brady & Morris
Engineering Co. Ltd is in the business
of manufacturing of Material handling
equipment, textile machinery and
stores etc.[1]
Key Points
- Market Cap ₹ 175 Cr.
- Current Price ₹ 778
- High / Low ₹ 2,018 / 700
- Stock P/E 35.9
- Book Value ₹ 219
- Dividend Yield 0.00 %
- ROCE 25.4 %
- ROE 23.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 35.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.21.3 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34 | 32 | 36 | 36 | 24 | 44 | 44 | 38 | 47 | 60 | 75 | 90 | 82 | |
| 30 | 30 | 34 | 34 | 26 | 40 | 41 | 35 | 42 | 53 | 63 | 79 | 76 | |
| Operating Profit | 4 | 2 | 2 | 2 | -3 | 4 | 3 | 3 | 5 | 7 | 12 | 11 | 7 |
| OPM % | 13% | 6% | 6% | 6% | -11% | 9% | 7% | 8% | 11% | 12% | 16% | 13% | 8% |
| -1 | 0 | 0 | 0 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 20 | 21 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | -0 | 0 | 0 | -1 | 3 | 2 | 3 | 5 | 7 | 12 | 29 | 26 |
| Tax % | 0% | 0% | -43% | 0% | 0% | 18% | 16% | 2% | 29% | 27% | 27% | 18% | |
| 1 | -0 | 0 | 0 | -1 | 2 | 2 | 3 | 3 | 5 | 8 | 24 | 21 | |
| EPS in Rs | 4.31 | -0.62 | 0.89 | 0.27 | -5.02 | 9.20 | 8.18 | 11.69 | 14.18 | 22.44 | 37.38 | 106.71 | 94.52 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 16% |
| 3 Years: | 25% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 51% |
| 5 Years: | 35% |
| 3 Years: | 39% |
| TTM: | -49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 60% |
| 3 Years: | 61% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 34% |
| 3 Years: | 32% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | -1 | -2 | -2 | -1 | -2 | 0 | 2 | 4 | 8 | 13 | 21 | 45 | 47 |
| 15 | 31 | 31 | 30 | 31 | 27 | 21 | 18 | 18 | 14 | 8 | 9 | 6 | |
| 22 | 12 | 12 | 22 | 15 | 14 | 11 | 9 | 14 | 12 | 17 | 21 | 13 | |
| Total Liabilities | 38 | 44 | 44 | 53 | 46 | 44 | 37 | 33 | 42 | 41 | 48 | 77 | 68 |
| 12 | 11 | 11 | 11 | 10 | 9 | 8 | 8 | 8 | 8 | 10 | 9 | 10 | |
| CWIP | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 4 | 4 | 4 | 0 | 0 | 16 |
| 25 | 32 | 31 | 39 | 34 | 33 | 27 | 21 | 29 | 27 | 37 | 66 | 41 | |
| Total Assets | 38 | 44 | 44 | 53 | 46 | 44 | 37 | 33 | 42 | 41 | 48 | 77 | 68 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -15 | 2 | 4 | -5 | 5 | 7 | 7 | 1 | 5 | 6 | -1 | |
| -1 | -0 | -2 | -2 | 5 | -0 | -0 | -4 | -0 | -1 | 1 | 23 | |
| 2 | 16 | -0 | -2 | 0 | -5 | -7 | -4 | -0 | -4 | -7 | 0 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | -0 | 0 | 0 | -0 | -0 | 0 | 0 | 23 |
Ratios
Figures in Rs. Crores
| 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 | 117 | 153 | 171 | 239 | 196 | 118 | 83 | 86 | 113 | 85 | 99 | 93 |
| Inventory Days | 194 | 276 | 179 | 202 | 495 | 216 | 202 | 141 | 160 | 110 | 104 | 122 |
| Days Payable | 122 | 178 | 153 | 272 | 316 | 151 | 112 | 71 | 95 | 60 | 55 | 72 |
| Cash Conversion Cycle | 189 | 251 | 197 | 169 | 376 | 182 | 173 | 156 | 178 | 136 | 148 | 142 |
| Working Capital Days | 93 | -46 | 80 | 73 | 135 | 98 | 113 | 91 | 78 | 63 | 75 | 55 |
| ROCE % | 24% | 4% | 4% | 5% | -10% | 12% | 11% | 12% | 19% | 25% | 40% | 25% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 (P) | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Receivables Turnover Days |
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| Installed Capacity - Cranes Units |
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| Installed Capacity - Pulley Blocks Units |
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| Gross Current Assets (GCA) Days Days |
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| Actual Production - Chain Pulley Blocks & Hoists Units |
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| Actual Production - Cranes Units |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
10 Mar - Company Secretary Khushmeeta Bafna resigns effective COB March 10, 2026; Board accepted resignation.
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
9 Mar - Appointment of Mrs. Chitralekha Hiremath as Independent Director for five years (13 Feb 2026–12 Feb 2031) via postal ballot
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Mar - Notice of Postal Ballot through remote E-voting.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Compliance under Regulation 47 of the SEBI (LODR) Regulations, 2015
-
Announcement under Regulation 30 (LODR)-Change in Management
13 Feb - Unaudited results for quarter ended Dec 31, 2025: Total income Rs2,357.30 lakhs; net profit Rs218.84 lakhs; appointed Chitralekha Hiremath.
Annual reports
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Financial Year 2025
from bse
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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
from bse
Business Overview:[1]
BMECL is a subsidiary of WH Brady and Company Ltd (WHB) in partnership with the UK-based Morris Material Handling Ltd. WHB holds 72.73% shareholding in BMECL. The Brady group is controlled by the Mumbai-based Morarka family.
BMECL manufactures various material handling equipment for diversified end users, which include steel, oil and gas, cement, minerals and mining, power, chemicals, heavy manufacturing, water and sewage treatment,
defence, nuclear energy, ports, and metros.