Brady & Morris Engineering Company Ltd (BRADYM)

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Brady & Morris Engineering Company Ltd (BRADYM) · mywealthgrid

About

Brady & Morris Engineering manufactures construction vehicles within India's industrials sector, operating at a small-cap scale of ₹162.66 Cr market capitalization. With 73.98% promoter ownership and a public float of 25.88%, the company is tightly held with minimal institutional presence (FII 0.1%, DII 0.04%). Quarterly data through Mar 2021 shows recovery from COVID-related stress, with EPS returning to positive territory after a Mar 2020 loss.

Face value: ₹10

Market cap

₹148 Cr

P/E

56.2×

P/B

2.7×

Dividend yield

ROE

11.1%

ROCE

15.8%

Debt / equity

0.09

OPM

EPS (TTM)

₹11.7

Book value

₹235.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme valuation at PE 61.87 — verify if recent earnings represent a sustainable run-rate or are inflated by one-time gains or cyclical peaks
Revenue volatility across recent quarters (₹5.38–₹13.78 Cr), indicating high exposure to construction-sector demand cycles — assess if current stabilization persists
Minimal institutional ownership (FII 0.1%, DII 0.04%) and tight float create liquidity constraints and limit independent external validation
Stock declined 53.77% over 52 weeks from ₹1,453.4 to ₹707.2 — identify what operational, sector, or macro factors drove this reversal

Generated analysis · source review pending

Growth drivers

EPS recovered from -4.25 (Mar 2020) to 3.67 (Mar 2021), demonstrating turnaround capability after pandemic shock
Low debt-to-equity ratio of 0.19 provides capacity for expansion or working-capital growth without material leverage increase
Operating margin improved from 2.04% (Jun 2020) to 12.72% (current aggregate), suggesting operational stabilization — verify if driven by volume, pricing, or cost control
High ROE of 67.99% indicates efficient capital use, though extreme PE of 61.87 warrants verification that current earnings are sustainable

Generated analysis · source review pending

1,668 historical price candles were omitted because the exchange source has not been verified.

₹642.8-0.4%1Y

Quick read

rule-based

Pros

+Strong return on equity of 41% (3-yr avg)
+High return on capital employed of 29.5%
+Profit CAGR of 16.2% over the last 5 years
+Almost debt-free (debt/equity 0.1)
+High promoter holding of 74% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

39/100

Business quality: 46
Growth: 46
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Beml LimitedBEMLBEML	₹16,346 Cr	₹16,653 Cr	₹4,536 Cr	₹350 Cr	6.9%	₹82 Cr	3.3%	6%	4.9%	401
Action Construction Equipment LimitedACEACE	₹14,438 Cr	₹14,439 Cr	₹3,414 Cr	₹529 Cr	15.4%	₹437 Cr	12.7%	31.6%	22.9%	-20
Ajax Engineering LimitedAJAXENGGAJAXENGG	₹6,708 Cr	₹6,708 Cr	₹2,111 Cr	₹264 Cr	12.6%	₹228 Cr	10.7%	23.6%	17.7%	12
Til LimitedTILTIL	₹2,060 Cr	₹2,427 Cr	₹377 Cr	₹18 Cr	1.4%	₹-30 Cr	-9.5%	4.4%	-31.8%	372
Indo Farm Equipment LimitedINDOFARMINDOFARM	₹634 Cr	₹782 Cr	₹454 Cr	₹59 Cr	13.2%	₹25 Cr	5.6%	8.6%	4.5%	307
Brady & Morris Engineering Company LtdBRADYMBRADYM	₹148 Cr	₹153 Cr	₹38 Cr	₹3 Cr	9%	₹3 Cr	7.6%	15.8%	11.1%	192

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	36	36	26	44	44	38	47	60	75	90	73
COGS	-22	-21	-13	-26	-24	23	28	36	42	52	41
Gross profit	—	—	—	—	—	15	19	25	33	38	32
	56	55	41	66	63	12	14	17	21	27	26
	2	2	-3	4	5	3	5	7	12	11	7
OPM %	6.8%	6.3%	-9.8%	8.9%	11.1%	7.7%	10.7%	12.2%	16.4%	12.7%	9%
Depreciation	1	1	1	1	1	1	1	1	1	1	1
Interest	1	1	1	1	1	0	1	1	1	1	1
	—	—	0	1	1	1	1	1	1	20	3
Profit before tax	0	0	-1	3	4	3	5	7	12	29	7
Tax	—	—	—	—	0	0	1	2	3	5	2
Tax %	—	—	—	—	8.7%	1.5%	29.4%	26.8%	26.9%	18.4%	23.9%
	0	0	-1	2	2	3	3	5	8	24	6
PAT margin %	0.6%	0.1%	-4.4%	4.7%	4.2%	6.9%	6.8%	8.4%	11.2%	26.6%	7.6%
EPS (₹)	0.9	0.2	-5.1	9.2	8.2	11.7	14.2	22.5	37.4	106.7	24.8
EPS adjusted (₹)	—	—	—	9.2	8.2	11.7	14.2	22.4	37.4	106.7	24.8
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	2	2	2	2	2	2	2	2
Reserves	0	—	5	8	13	21	45	51
	27	—	18	18	14	8	9	5
	15	—	9	14	12	17	21	11
Total equity & liabilities	44	—	33	42	41	48	77	69
	9	8	8	8	8	10	9	9
CWIP	1	—	1	1	2	1	1	1
Investments	1	—	4	4	4	0	0	20
	33	—	21	29	27	37	66	38
Total assets	44	—	33	42	41	48	77	69

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	38.7%	41%	41.1%	43.7%	42.3%	44.3%
EBITDA margin %	8.9%	11.1%	7.7%	10.7%	12.2%	16.4%	12.7%	9%
EBIT margin %	6.6%	9.4%	6%	9.5%	11.3%	15.5%	11.6%	7.4%
PAT margin %	4.7%	4.2%	6.9%	6.8%	8.4%	11.2%	26.6%	7.6%
Working capital
Receivable days	118	—	85	113	85	99	93	75
Inventory days	140	—	141	160	110	104	122	163
Payable days	—	—	71	95	60	55	72	46
NWC days	—	—	155	178	136	148	142	192
Leverage
Current ratio	1.53	—	2.61	1.88	2.07	1.92	2.37	2.89
Debt to EBITDA	6.95	—	6.02	3.55	1.9	0.62	0.76	0.74
Debt to equity	11.97	—	2.61	1.79	0.94	0.33	0.19	0.09
Interest coverage	3.1	5.6	7.4	9.9	13.5	16.1	11.6	9.4
Asset turnover	1	—	1.14	1.11	1.48	1.55	1.17	1.06
Return ratios
Return on assets %	4.7%	—	7.9%	7.6%	12.4%	17.3%	31.1%	8%
Return on capital employed %	15.7%	—	12.6%	20.4%	29.5%	44.6%	28.3%	15.8%
Return on equity %	91.6%	—	39%	32.2%	33.8%	36.1%	50.8%	10.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	73.98%	73.98%	73.98%	73.98%	73.98%	73.98%	73.98%	73.98%	73.98%	73.98%	73.98%	73.98%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.1%	0.1%
	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25.98%	25.98%	25.98%	25.98%	25.98%	25.98%	25.98%	25.98%	25.98%	25.98%	25.88%	25.88%
No. of shareholders	—	—	—	—	—	—	—	—	2,839	2,782	2,706	2,644

Promoter holding up 0 percentage points since Sep 2023.

Mr. Pavan G. MorarkaNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. Rajiv Kumar BakshiNon-Executive - Independent Director
Mr. Pinaki MisraNon-Executive - Independent Director
Mrs. Chitralekha HiremathNon-Executive - Independent Director
Mr. Yash ShahNon-Executive - Independent Director
Mr. Vaibhav MorarkaExecutive Director-MD
Mr. Rajender Kumar SharmaNon-Executive - Non Independent Director
Mr. Sanyo RodriguesCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Brady & Morris Engineering Company Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

4

Dividend dividend9 Sept 2010 · ex-date₹1.5
Dividend dividend10 Sept 2009 · ex-date₹1.5
Dividend dividend21 Aug 2008 · ex-date₹1.5
Dividend dividend18 Sept 2007 · ex-date₹1.5

1

Board meeting to consider results13 Aug 2026

1

Bonus 1:23 Jan 2008 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

10 announcementsExport CSV

28 Sept 2026, 10:33 amInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	38.7%	41%	41.1%	43.7%	42.3%	44.3%
EBITDA margin %	8.9%	11.1%	7.7%	10.7%	12.2%	16.4%	12.7%	9%
EBIT margin %	6.6%	9.4%	6%	9.5%	11.3%	15.5%	11.6%	7.4%
PAT margin %	4.7%	4.2%	6.9%	6.8%	8.4%	11.2%	26.6%	7.6%
Working capital
Receivable days	118	—	85	113	85	99	93	75
Inventory days	140	—	141	160	110	104	122	163
Payable days	—	—	71	95	60	55	72	46
NWC days	—	—	155	178	136	148	142	192
Leverage
Current ratio	1.53	—	2.61	1.88	2.07	1.92	2.37	2.89
Debt to EBITDA	6.95	—	6.02	3.55	1.9	0.62	0.76	0.74
Debt to equity	11.97	—	2.61	1.79	0.94	0.33	0.19	0.09
Interest coverage	3.1	5.6	7.4	9.9	13.5	16.1	11.6	9.4
Asset turnover	1	—	1.14	1.11	1.48	1.55	1.17	1.06
Return ratios
Return on assets %	4.7%	—	7.9%	7.6%	12.4%	17.3%	31.1%	8%
Return on capital employed %	15.7%	—	12.6%	20.4%	29.5%	44.6%	28.3%	15.8%
Return on equity %	91.6%	—	39%	32.2%	33.8%	36.1%	50.8%	10.5%

Date	Category	Subject	Filing
28 Sept 2026, 10:33 am	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
3 Sept 2026, 12:11 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
31 Aug 2026, 6:41 pm	Company Update General	Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015	PDF
31 Aug 2026, 6:36 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
31 Aug 2026, 6:31 pm	AGM/EGM AGM	Notice Of AGM To Be Held On September 26, 2026.	PDF
25 Aug 2026, 2:15 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
17 Aug 2026, 12:54 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
13 Aug 2026, 5:44 pm	Company Update General	Disclosure Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7	1	5	6	-1	3
	-4	-0	-1	1	23	-20
	-4	-0	-4	-7	0	-5
Net cash flow	-0	-0	0	0	23	-22
Free cash flow	7	0	4	2	-13	2
CFO / Operating profit %	254.3%	14.8%	68.7%	47.6%	-8.4%	46%

Brady & Morris Engineering Company Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

4

1

1

Announcements

Not in the F&O segment

4

1

1

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Brady & Morris Engineering Company Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends4

Board meetings1

Bonus issues1

Announcements

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

Dividends4

Board meetings1

Bonus issues1

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

4

1

1

4

1

1