Past 10 year's financial track record analysis by Moneyworks4me indicates that WH Brady & Company Ltd is a average quality company.
The key valuation ratios of WH Brady & Company Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of WH Brady & Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 12.2% | 13% | 14.4% | 10% | 8.2% | 7.3% | 5.9% | 6.4% | 6.4% | 9.7% | - |
| Value Creation Index ⓘ | -0.1 | -0.1 | 0.0 | -0.3 | -0.4 | -0.5 | -0.6 | -0.6 | -0.5 | -0.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 18.9 | 20 | 22.5 | 20.3 | 23.1 | 33.1 | 20.1 | 22 | 26.3 | 37.4 | 31 |
| Sales YoY Gr. | - | 5.9% | 12.5% | -10% | 13.9% | 43.3% | -39.2% | 9.6% | 19.2% | 42.1% | - |
| Adj EPS ⓘ | 9.8 | 11.8 | 12.4 | 10.8 | 15.4 | 12.6 | 8.2 | 7.4 | 8.4 | 8.1 | 15.1 |
| YoY Gr. | - | 19.8% | 5.4% | -13.4% | 43.2% | -17.9% | -35% | -10.1% | 13.3% | -3.4% | - |
| BVPS (₹) ⓘ | 69.4 | 80 | 95.9 | 216.6 | 221.4 | 226.7 | 140.5 | 150.8 | 156.8 | 172.7 | 190.8 |
| Adj Net Profit ⓘ | 2.5 | 3 | 3.2 | 2.7 | 3.9 | 3.2 | 2.1 | 1.9 | 2.1 | 2.1 | 4 |
| Cash Flow from Ops. ⓘ | 13.9 | 0.6 | 3 | 9.2 | 3.4 | -0.2 | 3.4 | 4 | 6.2 | 2.2 | - |
| Debt/CF from Ops. ⓘ | 1.5 | 31.1 | 4 | 0.8 | 1.7 | -22.3 | 0.9 | 0.5 | 0.4 | 1.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 7.9% | 10.1% | 22.9% | 42.1% | ||||
| Adj EPS ⓘ | -2.2% | -12.1% | -0.5% | -3.4% | ||||
| BVPSⓘ | 10.7% | -4.9% | 7.1% | 10.1% | ||||
| Share Price | 21.2% | 62.1% | 75.4% | 78.9% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 4.9 | 5.8 | 5.9 | 5 | 7 | 5.6 | 4.5 | 5.1 | 5.4 | 4.9 | 8.3 |
| Op. Profit Mgn % ⓘ | 30.4 | 29.2 | 25.7 | 25.7 | 30.6 | 15.9 | 18 | 11.4 | 9.6 | -2.3 | -2.4 |
| Net Profit Mgn % ⓘ | 13.3 | 15 | 14 | 13.5 | 17 | 9.7 | 10.4 | 8.5 | 8.1 | 5.5 | 12.4 |
| Debt to Equity ⓘ | 1.2 | 0.9 | 0.5 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 |
| Working Cap Days ⓘ | 288 | 244 | 263 | 265 | 207 | 164 | 303 | 258 | 177 | 107 | 56 |
| Cash Conv. Cycle ⓘ | 46 | 65 | 90 | 63 | 9 | 13 | 27 | 16 | 12 | 6 | 19 |
Return on Equity has increased versus last 3 years average to 8.30%
Sales growth is growing at healthy rate in last 3 years 22.92%
Net Profit has been subdued in last 3 years -0.53%
Sales growth is not so good in last 4 quarters at 6.08%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 15.1 | 42.4 |
| TTM Sales (₹ Cr.) | 31 | 104 |
| BVPS (₹.) ⓘ | 190.8 | 269.4 |
| Reserves (₹ Cr.) ⓘ | 44 | 66 |
| P/BV ⓘ | 4.94 | 3.50 |
| PE ⓘ | 62.47 | 22.27 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 403.15 / 1325.00 |
| All Time Low / High (₹) | 1.37 / 1325.00 |
| Market Cap (₹ Cr.) | 241 |
| Equity (₹ Cr.) | 2.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 62.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19 | 20 | 23 | 20 | 23 | 33 | 20 | 22 | 26 | 37 |
| Operating Expenses ⓘ | 13 | 14 | 17 | 15 | 17 | 28 | 17 | 20 | 24 | 38 |
| Manufacturing Costs | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 |
| Material Costs | 8 | 9 | 10 | 8 | 10 | 17 | 7 | 11 | 13 | 24 |
| Employee Cost | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Other Costs ⓘ | 3 | 3 | 3 | 4 | 5 | 7 | 5 | 5 | 6 | 9 |
| Operating Profit ⓘ | 6 | 6 | 6 | 5 | 6 | 5 | 4 | 2 | 2 | -1 |
| Operating Profit Margin (%) | 30.4% | 29.2% | 25.6% | 25.6% | 25.2% | 15.6% | 17.9% | 11.1% | 8.8% | -2.8% |
| Other Income ⓘ | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | 6 |
| Interest ⓘ | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 3 | 4 | 4 | 3 | 4 | 4 | 3 | 2 | 2 | 4 |
| Tax ⓘ | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 |
| Profit After Tax | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 3 |
| PAT Margin (%) | 11.8% | 14.7% | 14.0% | 13.5% | 13.2% | 9.7% | 10.4% | 8.3% | 7.8% | 7.6% |
| Adjusted EPS (₹) | 8.8 | 11.6 | 12.4 | 10.7 | 12.0 | 12.6 | 8.2 | 7.2 | 8.0 | 11.2 |
| Dividend Payout Ratio (%) | 11% | 6% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 52 | 52 | 55 | 55 | 56 | 58 | 36 | 38 | 40 | 44 |
| Share Capital ⓘ | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves ⓘ | 49 | 50 | 52 | 53 | 54 | 55 | 33 | 36 | 37 | 41 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 18 | 17 | 10 | 4 | 3 | 3 | 2 | 1 | 2 | 3 |
| Long Term Debt | 16 | 14 | 7 | 4 | 2 | 1 | 1 | 0 | 0 | 0 |
| Short Term Debt | 3 | 2 | 3 | 0 | 2 | 2 | 1 | 1 | 2 | 2 |
| Trade Payables | 0 | 2 | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 3 |
| Others Liabilities ⓘ | 4 | 4 | 9 | 12 | 10 | 9 | 8 | 9 | 9 | 10 |
| Total Liabilities ⓘ | 74 | 75 | 74 | 72 | 71 | 71 | 48 | 50 | 52 | 60 |
Fixed Assets | ||||||||||
| Gross Block | 68 | 68 | 3 | 4 | 6 | 41 | 6 | 6 | 7 | 7 |
| Accumulated Depreciation | 29 | 32 | 1 | 1 | 2 | 11 | 3 | 4 | 4 | 5 |
| Net Fixed Assetsⓘ | 39 | 37 | 3 | 3 | 4 | 30 | 3 | 2 | 3 | 3 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 8 | 21 | 54 | 53 | 51 | 22 | 25 | 28 | 31 | 40 |
| Inventories | 1 | 4 | 3 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Trade Receivables | 2 | 4 | 3 | 2 | 2 | 4 | 4 | 2 | 2 | 4 |
| Cash Equivalents | 17 | 1 | 0 | 4 | 3 | 3 | 3 | 4 | 6 | 5 |
| Others Assetsⓘ | 8 | 9 | 10 | 10 | 10 | 13 | 14 | 14 | 10 | 9 |
| Total Assets ⓘ | 74 | 75 | 74 | 72 | 71 | 71 | 48 | 50 | 52 | 60 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 14 | 1 | 3 | 9 | 3 | 0 | 3 | 4 | 6 | 2 |
| PBT ⓘ | 3 | 4 | 4 | 3 | 4 | 4 | 3 | 2 | 2 | 4 |
| Adjustment ⓘ | 3 | 2 | 2 | 1 | 2 | 2 | 1 | 0 | 0 | -4 |
| Changes in Working Capital ⓘ | 9 | -4 | -2 | 5 | -1 | -6 | -0 | 2 | 4 | 1 |
| Tax Paid ⓘ | -1 | -1 | -1 | -1 | -1 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 0 | -14 | -1 | -1 | -2 | 1 | -3 | -3 | -6 | -2 |
| Capex | 0 | -1 | -1 | -1 | -2 | 0 | -1 | 0 | -1 | -1 |
| Net Investments | 0 | -13 | 0 | -1 | 0 | 1 | -3 | -3 | -10 | -7 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 6 |
| Cash Flow From Financing Activityⓘ | 2 | -3 | -3 | -2 | -2 | -1 | 0 | -1 | -2 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | -2 | -2 | -3 | 0 | 0 | -1 | -1 | 0 |
| Interest Paid ⓘ | -2 | -1 | -1 | -1 | -1 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 4 | -2 | 0 | 0 | 2 | 0 | 0 | 0 | -1 | 0 |
| Net Cash Flow ⓘ | 16 | -16 | -1 | 6 | -1 | 0 | 0 | 0 | -2 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 13.33 | 15.47 | 14.07 | 6.85 | 5.47 | 5.61 | 4.45 | 4.95 | 5.22 | 6.77 |
| ROCE (%) | 12.15 | 12.95 | 14.38 | 9.98 | 8.19 | 7.33 | 5.87 | 6.35 | 6.42 | 9.67 |
| Asset Turnover Ratio | 0.26 | 0.27 | 0.3 | 0.28 | 0.32 | 0.47 | 0.34 | 0.45 | 0.52 | 0.67 |
| PAT to CFO Conversion(x) | 7 | 0.33 | 1 | 3 | 1 | 0 | 1.5 | 2 | 3 | 0.67 | Working Capital Days |
| Receivable Days | 34 | 48 | 56 | 48 | 30 | 29 | 65 | 49 | 31 | 31 |
| Inventory Days | 15 | 45 | 59 | 36 | 13 | 8 | 12 | 7 | 3 | 0 |
| Payable Days | 5 | 48 | 40 | 31 | 50 | 34 | 98 | 63 | 35 | 34 |
W. H. Brady & Company Ltd. began its operations in India in 1895. The guiding factor was to bring the advance technology of the West to India. It continues to believe in this objective.
W. H. Brady & Co. Ltd. has been a witness and participant towards India's evolution across two centuries and continues to make significant contribution to India's core Sectors.
The company’s focus is on liasioning, marketing and service of engineering goods. It has also signed agreements with leading European majors in aviation support services for catering to the growing demands of Indian aviation industry.
W.H. Brady & Co. Ltd. since the beginning of its distinguished corporate journey has been marketing and trading products that stand the test of quality, time and customer approval. Its focus is to bring to the Indian economy products that have futuristic acceptability.
It is a promoter of the following companies:
It also acts as a managerial and financial advisor to all these companies. W. H. Brady & Co. Ltd. is listed with the Bombay Stock Exchange with registered office in Mumbai.
Services offered by the company:
Aviation
Trading activities:
The company now concentrates its trading activity in:
Achievements/ recognition
It has to its credit many firsts in bringing newer technologies to India, to name a few:
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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