Brady & Morris Engineering Company Ltd - Stock Valuation and Financial Performance

BSE: 505690 | NSE: | Construction Vehicles | Small Cap

Brady & Morris Engg Share Price

773.70 -1.35 -0.17%
as on 19-Mar'24 15:38

DeciZen - make an informed investing decision on Brady & Morris Engg

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Brady & Morris Engineering Company stock performance -

mw4me loader
P/E Ratio (SA):
23.56
Market Cap:
174.4 Cr.
52-wk low:
173.8
52-wk high:
1,053

Is Brady & Morris Engineering Company Ltd an attractive stock to invest in?

1. Is Brady & Morris Engineering Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Brady & Morris Engineering Company Ltd is a average quality company.

2. Is Brady & Morris Engineering Company Ltd undervalued or overvalued?

The key valuation ratios of Brady & Morris Engineering Company Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Brady & Morris Engineering Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Brady & Morris Engineering Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Brady & Morris Engg:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Brady & Morris Engineering Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 19.1%2.9%3.4%3.3%-8.1%9.5%8.9%11.7%13.6%18.9%-
Value Creation
Index
0.4NA-0.8-0.8-1.6-0.3-0.4-0.20.00.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 34.732.43636.123.843.743.638.146.860.465
Sales YoY Gr.--6.9%11.3%0.4%-34.2%83.8%-0.2%-12.6%22.8%29%-
Adj EPS 9.3-0.60.90.2-14.79.28.211.614.222.132.9
YoY Gr.--106.9%NA-74.4%-6487%NA-11.1%42.3%22.1%55.7%-
BVPS (₹) -1.3-2.8-1.95.40.41017.9304466.492.6
Adj Net
Profit
2.1-0.10.20.1-3.32.11.82.63.257
Cash Flow from Ops. -1.1-15.52.33.6-5.34.77.37.50.75.1-
Debt/CF from Ops. -7.3-1.64.98.2-5.85.82.92.4242.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.3%20.5%11.5%29%
Adj EPS 10.1%NA39.4%55.7%
BVPSNA172.7%54.9%50.9%
Share Price 38% 74.1% 118.1% 340.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
26.6-1.81.40.5-505.8175.458.548.538.34041.4
Op. Profit
Mgn %
12.866.46.1-10.78.96.67.710.712.216.7
Net Profit
Mgn %
6-0.50.60.1-13.94.74.26.96.88.211.4
Debt to
Equity
1.13.50.624.7312.412.25.32.61.80.9-
Working Cap
Days
21826125628850827724521618616692
Cash Conv.
Cycle
9813913312626414513313412111045

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 11.48%

Net Profit is growing at healthy rate in last 3 years 39.35%

Debt to equity has declined versus last 3 years average to 0.94

Return on Equity has declined versus last 3 years average to 41.40%

Sales growth is not so good in last 4 quarters at 7.28%

Latest Financials - Brady & Morris Engineering Company Ltd.

Standalone Consolidated
TTM EPS (₹) 32.9 -
TTM Sales (₹ Cr.) 64.8 -
BVPS (₹.) 92.6 -
Reserves (₹ Cr.) 19 -
P/BV 8.37 -
PE 23.56 -
From the Market
52 Week Low / High (₹) 173.80 / 1053.00
All Time Low / High (₹) 1.27 / 1053.00
Market Cap (₹ Cr.) 174
Equity (₹ Cr.) 2.3
Face Value (₹) 10
Industry PE 46.3

Management X-Ray of Brady & Morris Engg:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Brady & Morris Engg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales35323636244444384760
Operating Expenses 30303434264041354253
Manufacturing Costs4333456457
Material Costs19192221132624232836
Employee Cost 5566667679
Other Costs 3334424222
Operating Profit 4222-343357
Operating Profit Margin (%) 12.8%6.0%6.4%6.1%-10.7%8.9%6.6%7.7%10.7%12.2%
Other Income 0000011111
Interest 1111111011
Depreciation 1111111111
Exceptional Items -2000300000
Profit Before Tax 1000-132357
Tax 0000000012
Profit After Tax 1000-122335
PAT Margin (%) 2.8%-0.4%0.6%0.2%-4.8%4.7%4.2%6.9%6.8%8.4%
Adjusted EPS (₹)4.3-0.60.90.3-5.09.28.211.714.222.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 8821102471015
Share Capital 1010222222222
Reserves -1-2-2-1-2024813
Minority Interest0000000000
Debt8241129302721181814
Long Term Debt11121212020171410
Short Term Debt7231091071144
Trade Payables6991611117576
Others Liabilities 16337445587
Total Liabilities 38444453464437344342

Fixed Assets

Gross Block21212212111212121213
Accumulated Depreciation810111233445
Net Fixed Assets121111111098888
CWIP 1122111112
Investments 0000111444
Inventories1014111217151391211
Trade Receivables1113172413141091514
Cash Equivalents 1111111222
Others Assets3323432212
Total Assets 38444453464437344342

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1-1524-557715
PBT 1000-132357
Adjustment 1122-213111
Changes in Working Capital -2-1612-3134-4-1
Tax Paid 000000-10-1-2
Cash Flow From Investing Activity -10-2-2500-40-1
Capex -1-1-2080000-1
Net Investments 0000000-401
Others 000-2-20000-1
Cash Flow From Financing Activity 2160-20-5-7-40-4
Net Proceeds from Shares 00130000000
Net Proceeds from Borrowing 216-13-11-3-6-40-4
Interest Paid 000-1-1-1-10-1-1
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow 0000000000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)00015.29-173.48175.9758.6648.8438.3740.72
ROCE (%)14.574.594.544.81-0.0212.211.1412.4219.3126.3
Asset Turnover Ratio1.040.920.980.890.520.971.071.071.221.42
PAT to CFO Conversion(x)-1INFINFINFN/A2.53.52.330.331
Working Capital Days
Receivable Days91118129170257112101909186
Inventory Days100117106952041351191078269
Payable Days143152153214391152137937867

Brady & Morris Engineering Company Ltd Stock News

Brady & Morris Engineering Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Brady & Morris Engg on 19-Mar-2024 15:38 is ₹773.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Mar-2024 15:38 the market cap of Brady & Morris Engg stood at ₹174.4.
The latest P/E ratio of Brady & Morris Engg as of 19-Mar-2024 15:38 is 23.56.
The latest P/B ratio of Brady & Morris Engg as of 19-Mar-2024 15:38 is 8.37.
The 52-week high of Brady & Morris Engg is ₹1,053 and the 52-week low is ₹173.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Brady & Morris Engg is ₹64.75 ( Cr.) .

About Brady & Morris Engineering Company Ltd

Brady & Morris Engineering Co. Ltd started operations from Mumbai in 1946. The company started as Brady Engineering Co. Ltd. and has presence almost all over India in form of works, branches and sales office. Their clients have looked upon them as a reliable partner for providing customized material handling and integrated engineering solutions, maintaining high standards of quality with safety conscious material handling equipments. 

The production facilities of the company are located in Vatva and Bareja near Ahmadabad, Gujarat in Western India, marketing offices in all major metros and more than 200 dealers, agents and sales representatives across the length and breadth of the country. Plans have been finalized to set up a 3rd plant for engineering equipments and land has been acquired in Cuttack, Orissa in Eastern India. This strategic market presence across the country ensures that customers have easy access to Brady’s Products and Services.

Bradys encompasses different business activities in India. The main areas are:

  • Manufacturing of Premier Material Handling Equipments
  • Structural Fabrication and specialized components
  • Marketing and Trading in Engineering and Textile machines and components
  • Aviation related services & equipments
  • Non Schedule Airline
  • Software Support
  • Property Facility Management
  • Representation of Foreign Companies in India

Achievements/ recognition:

  • Accredited with an ISO 9001:2000 Certification
  • Accredited with a DGQA Approval ( DGQA – is the Quality Assessment Department of the Central Ministry of Defense )
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