Brady & Morris Engineering Company Ltd

Brady & Morris Engineering Company Ltd

₹ 971 0.53%
26 Apr - 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.

Key Points

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

  • 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.

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
12.81 11.73 8.39 8.88 13.52 16.00 14.01 16.71 14.10 15.54 14.30 15.93 18.98
11.46 11.23 7.37 7.36 12.22 14.84 12.51 14.84 12.36 13.28 11.79 13.34 15.55
Operating Profit 1.35 0.50 1.02 1.52 1.30 1.16 1.50 1.87 1.74 2.26 2.51 2.59 3.43
OPM % 10.54% 4.26% 12.16% 17.12% 9.62% 7.25% 10.71% 11.19% 12.34% 14.54% 17.55% 16.26% 18.07%
0.10 0.37 0.09 0.10 0.08 0.30 0.12 0.16 0.17 0.20 0.20 0.22 0.07
Interest 0.08 0.20 0.11 0.08 0.10 0.21 0.11 0.11 0.17 0.16 0.15 0.12 0.29
Depreciation 0.16 0.16 0.13 0.13 0.14 0.15 0.12 0.15 0.14 0.17 0.14 0.15 0.17
Profit before tax 1.21 0.51 0.87 1.41 1.14 1.10 1.39 1.77 1.60 2.13 2.42 2.54 3.04
Tax % 16.53% -60.78% 27.59% 28.37% 42.11% 19.09% 22.30% 25.42% 28.75% 29.11% 26.86% 24.02% 28.29%
1.01 0.82 0.64 1.02 0.65 0.89 1.08 1.32 1.14 1.51 1.77 1.93 2.19
EPS in Rs 4.49 3.64 2.84 4.53 2.89 3.96 4.80 5.87 5.07 6.71 7.87 8.58 9.73
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.98% 73.98% 73.98%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
26.21% 26.21% 26.21% 26.21% 26.21% 26.21% 26.22% 26.22% 26.22% 25.97% 25.98% 25.98%
No. of Shareholders 8378668949429659539909911,0781,1891,5011,725

* 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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