Brady & Morris Engineering Company Ltd
Incorporated in 1946, Brady & Morris Engineering Co. Ltd is in the business of manufacturing of Material handling equipment, textile machinery and stores, etc.
- Market Cap ₹ 218 Cr.
- Current Price ₹ 971
- High / Low ₹ 1,053 / 215
- Stock P/E 29.5
- Book Value ₹ 82.8
- Dividend Yield 0.00 %
- ROCE 25.3 %
- ROE 39.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 25.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.4%
Cons
- Stock is trading at 11.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
34.15 | 31.01 | 34.39 | 31.98 | 35.83 | 36.00 | 23.72 | 43.66 | 43.58 | 37.53 | 46.79 | 60.37 | 64.75 | |
35.75 | 28.03 | 29.93 | 30.06 | 33.53 | 33.80 | 26.26 | 39.76 | 40.70 | 34.58 | 41.78 | 52.99 | 53.96 | |
Operating Profit | -1.60 | 2.98 | 4.46 | 1.92 | 2.30 | 2.20 | -2.54 | 3.90 | 2.88 | 2.95 | 5.01 | 7.38 | 10.79 |
OPM % | -4.69% | 9.61% | 12.97% | 6.00% | 6.42% | 6.11% | -10.71% | 8.93% | 6.61% | 7.86% | 10.71% | 12.22% | 16.66% |
1.88 | 0.00 | -1.44 | 0.32 | 0.17 | 0.30 | 3.32 | 0.82 | 0.95 | 0.77 | 0.57 | 0.65 | 0.69 | |
Interest | 2.34 | 1.15 | 0.99 | 1.19 | 1.25 | 1.42 | 1.13 | 1.18 | 0.87 | 0.42 | 0.51 | 0.55 | 0.72 |
Depreciation | 0.95 | 1.08 | 1.05 | 1.20 | 1.08 | 1.02 | 0.78 | 1.02 | 0.77 | 0.64 | 0.55 | 0.58 | 0.63 |
Profit before tax | -3.01 | 0.75 | 0.98 | -0.15 | 0.14 | 0.06 | -1.13 | 2.52 | 2.19 | 2.66 | 4.52 | 6.90 | 10.13 |
Tax % | 5.65% | 0.00% | 0.00% | 0.00% | -42.86% | 0.00% | 0.00% | 17.86% | 15.98% | 1.50% | 29.20% | 26.67% | |
-2.84 | 0.76 | 0.97 | -0.14 | 0.20 | 0.06 | -1.13 | 2.07 | 1.84 | 2.63 | 3.19 | 5.05 | 7.40 | |
EPS in Rs | -12.62 | 3.38 | 4.31 | -0.62 | 0.89 | 0.27 | -5.02 | 9.20 | 8.18 | 11.69 | 14.18 | 22.44 | 32.89 |
Dividend Payout % | 0.00% | 0.00% | 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: | 7% |
5 Years: | 21% |
3 Years: | 11% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 26% |
3 Years: | 38% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | 42% |
5 Years: | 82% |
3 Years: | 137% |
1 Year: | 333% |
Return on Equity | |
---|---|
10 Years: | 38% |
5 Years: | 47% |
3 Years: | 40% |
Last Year: | 39% |
Balance Sheet
Figures in Rs. Crores
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 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 | 2.25 |
Reserves | -3.11 | -2.35 | -1.38 | -1.72 | -1.52 | -1.04 | -2.15 | 0.01 | 1.77 | 4.50 | 7.65 | 12.68 | 16.39 |
Preference Capital | 7.50 | 7.50 | 7.50 | 7.50 | 20.00 | 0.00 | 20.00 | 20.00 | 20.00 | 17.00 | 14.00 | 10.00 | |
9.73 | 5.81 | 7.71 | 23.98 | 10.99 | 29.78 | 10.93 | 7.47 | 1.21 | 0.64 | 3.77 | 4.04 | 11.14 | |
36.12 | 32.00 | 29.61 | 19.61 | 31.89 | 22.41 | 34.66 | 34.14 | 31.45 | 26.02 | 28.31 | 21.71 | 14.58 | |
Total Liabilities | 44.99 | 37.71 | 38.19 | 44.12 | 43.61 | 53.40 | 45.69 | 43.87 | 36.68 | 33.41 | 41.98 | 40.68 | 44.36 |
12.97 | 12.34 | 12.29 | 11.46 | 11.18 | 11.33 | 9.59 | 8.98 | 8.41 | 7.85 | 7.55 | 7.60 | 7.59 | |
CWIP | 1.06 | 0.98 | 1.02 | 1.06 | 1.56 | 2.26 | 1.26 | 1.06 | 1.06 | 1.08 | 1.16 | 2.09 | 3.04 |
Investments | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.48 | 0.51 | 0.58 | 0.55 | 3.60 | 4.25 | 3.79 | 1.83 |
30.90 | 24.33 | 24.82 | 31.54 | 30.81 | 39.33 | 34.33 | 33.25 | 26.66 | 20.88 | 29.02 | 27.20 | 31.90 | |
Total Assets | 44.99 | 37.71 | 38.19 | 44.12 | 43.61 | 53.40 | 45.69 | 43.87 | 36.68 | 33.41 | 41.98 | 40.68 | 44.36 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.20 | 4.36 | -1.06 | -15.45 | 2.26 | 3.62 | -5.32 | 4.70 | 7.26 | 7.45 | 0.74 | 5.07 | |
-1.87 | -0.28 | -0.92 | -0.39 | -2.28 | -1.66 | 5.23 | -0.15 | -0.49 | -3.50 | -0.37 | -0.79 | |
2.16 | -3.92 | 1.89 | 16.26 | -0.48 | -1.86 | 0.00 | -4.55 | -6.73 | -3.97 | -0.38 | -4.27 | |
Net Cash Flow | 0.09 | 0.16 | -0.09 | 0.43 | -0.49 | 0.10 | -0.09 | 0.00 | 0.03 | -0.02 | -0.01 | 0.01 |
Ratios
Figures in Rs. Crores
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 | 135.53 | 101.93 | 116.64 | 153.17 | 171.04 | 238.97 | 196.35 | 118.04 | 83.42 | 86.17 | 113.27 | 85.01 |
Inventory Days | 224.19 | 226.24 | 193.51 | 276.34 | 179.49 | 202.04 | 494.82 | 215.51 | 201.51 | 141.15 | 159.70 | 110.48 |
Days Payable | 235.93 | 171.57 | 121.54 | 178.49 | 153.39 | 272.22 | 315.52 | 151.19 | 111.90 | 71.28 | 95.45 | 59.65 |
Cash Conversion Cycle | 123.79 | 156.60 | 188.62 | 251.02 | 197.13 | 168.79 | 375.65 | 182.37 | 173.03 | 156.04 | 177.52 | 135.83 |
Working Capital Days | 152.95 | 142.30 | 163.98 | 216.74 | 177.97 | 160.90 | 283.91 | 153.07 | 121.69 | 97.45 | 107.57 | 87.37 |
ROCE % | -14.55% | 13.73% | 24.45% | 4.33% | 4.36% | 4.72% | -10.00% | 12.15% | 11.10% | 12.29% | 18.82% | 25.32% |
Documents
Announcements
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Quarter Ended March 31, 2024
20 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015
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For The Year Ended March 31, 2024
20 Apr - Certificate under Regulation 40 (9) of SEBI (LODR) Regulations, 2015
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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. Kaushik D. Shah - Independent Director of the Company.
- Closure of Trading Window 30 Mar
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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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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Financial Year 2010
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Financial Year 2009
from bse
Product Profile:[1]
Single Girder Cranes, Double Girder Cranes, Under-slung Cranes, Jib Cranes, Gantry Cranes, Flameproof Cranes, Roapmaster Electric Wire Rope Hoists, Flameproof Electric Wire Rope Hoists, Ratchet Lever Hoists, Electric Chain Hoists, RS/NX/EX Chain Pulley Blocks, Non-Sparking Chain Pulley Block, Geared Travelling Trolley, Non-Sparking Geared Travelling Trolley, Electric and Manual Winches, Hydraulic Pallet Trucks, Goods lift, Pulling-Lifting Machines