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Brady & Morris Engineering

BSE:505690
Snowflake Description

Solid track record and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
505690
BSE
₹145M
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

Brady & Morris Engineering Company Limited manufactures and sells material handling equipment in India. The last earnings update was 44 days ago. More info.


Add to Portfolio Compare Print
  • Brady & Morris Engineering has significant price volatility in the past 3 months.
505690 Share Price and Events
7 Day Returns
9.9%
BSE:505690
-5.4%
IN Machinery
-2.9%
IN Market
1 Year Returns
-
BSE:505690
-39.6%
IN Machinery
-29.3%
IN Market
505690 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Brady & Morris Engineering (505690) 9.9% 20.2% 114.6% - -8.9% 33.3%
IN Machinery -5.4% -30.3% -30.2% -39.6% -37.9% -27%
IN Market -2.9% -26.5% -28.5% -29.3% -20% -8.3%
1 Year Return vs Industry and Market
  • No trading data on 505690.
  • No trading data on 505690.
Price Volatility
505690
Industry
5yr Volatility vs Market

Value

 Is Brady & Morris Engineering undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Brady & Morris Engineering to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Brady & Morris Engineering.

BSE:505690 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 19.6%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:505690
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Machinery Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.961 (1 + (1- 35%) (166.64%))
1.671
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.67
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (1.671 * 7.85%)
19.6%

Discounted Cash Flow Calculation for BSE:505690 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Brady & Morris Engineering is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BSE:505690 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 19.6%)
2020 62.47 Est @ 9.02% 52.23
2021 67.62 Est @ 8.26% 47.28
2022 72.85 Est @ 7.72% 42.58
2023 78.20 Est @ 7.35% 38.22
2024 83.75 Est @ 7.09% 34.23
2025 89.53 Est @ 6.91% 30.59
2026 95.60 Est @ 6.78% 27.31
2027 102.00 Est @ 6.69% 24.37
2028 108.76 Est @ 6.63% 21.72
2029 115.92 Est @ 6.58% 19.36
Present value of next 10 years cash flows ₹337.00
BSE:505690 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹115.92 × (1 + 6.48%) ÷ (19.6% – 6.48%)
₹940.84
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹940.84 ÷ (1 + 19.6%)10
₹157.13
BSE:505690 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹337.00 + ₹157.13
₹494.13
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹494.13 / 2.25
₹219.61
BSE:505690 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹219.61
Current discount Discount to share price of ₹64.50
= -1 x (₹64.50 - ₹219.61) / ₹219.61
70.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Brady & Morris Engineering is available for.
Intrinsic value
>50%
Share price is ₹64.5 vs Future cash flow value of ₹219.61
Current Discount Checks
For Brady & Morris Engineering to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Brady & Morris Engineering's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Brady & Morris Engineering's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Brady & Morris Engineering's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Brady & Morris Engineering's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:505690 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in INR ₹17.46
BSE:505690 Share Price ** BSE (2020-03-26) in INR ₹64.5
India Machinery Industry PE Ratio Median Figure of 142 Publicly-Listed Machinery Companies 10.06x
India Market PE Ratio Median Figure of 2,615 Publicly-Listed Companies 9.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Brady & Morris Engineering.

BSE:505690 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:505690 Share Price ÷ EPS (both in INR)

= 64.5 ÷ 17.46

3.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brady & Morris Engineering is good value based on earnings compared to the IN Machinery industry average.
  • Brady & Morris Engineering is good value based on earnings compared to the India market.
Price based on expected Growth
Does Brady & Morris Engineering's expected growth come at a high price?
Raw Data
BSE:505690 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Machinery Industry PEG Ratio Median Figure of 11 Publicly-Listed Machinery Companies 1.04x
India Market PEG Ratio Median Figure of 400 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Brady & Morris Engineering, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Brady & Morris Engineering's assets?
Raw Data
BSE:505690 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in INR ₹17.27
BSE:505690 Share Price * BSE (2020-03-26) in INR ₹64.5
India Machinery Industry PB Ratio Median Figure of 170 Publicly-Listed Machinery Companies 0.81x
India Market PB Ratio Median Figure of 3,615 Publicly-Listed Companies 0.62x
BSE:505690 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:505690 Share Price ÷ Book Value per Share (both in INR)

= 64.5 ÷ 17.27

3.73x

* Primary Listing of Brady & Morris Engineering.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brady & Morris Engineering is overvalued based on assets compared to the IN Machinery industry average.
X
Value checks
We assess Brady & Morris Engineering's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Brady & Morris Engineering has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Brady & Morris Engineering expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Brady & Morris Engineering has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.7%
Expected Machinery industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Brady & Morris Engineering expected to grow at an attractive rate?
  • Unable to compare Brady & Morris Engineering's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Brady & Morris Engineering's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Brady & Morris Engineering's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:505690 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Machinery Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
India Machinery Industry Revenue Growth Rate Market Cap Weighted Average 10.1%
India Market Earnings Growth Rate Market Cap Weighted Average 19.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:505690 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:505690 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-12-31 474 39
2019-09-30 440 72 31
2019-06-30 448 24
2019-03-31 437 47 21
2018-12-31 435 10
2018-09-30 422 10
2018-06-30 328 -10
2018-03-31 238 -53 -11
2017-12-31 236 -14
2017-09-30 245 -16
2017-06-30 312 1
2017-03-31 361 36 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Brady & Morris Engineering is high growth as no earnings estimate data is available.
  • Unable to determine if Brady & Morris Engineering is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:505690 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Brady & Morris Engineering Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:505690 Past Financials Data
Date (Data in INR Millions) EPS *
2019-12-31 17.46
2019-09-30 13.81
2019-06-30 10.88
2019-03-31 9.21
2018-12-31 4.25
2018-09-30 4.25
2018-06-30 -4.44
2018-03-31 -5.04
2017-12-31 -6.18
2017-09-30 -7.06
2017-06-30 0.68
2017-03-31 0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Brady & Morris Engineering will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Brady & Morris Engineering is trading at Brady & Morris Engineering'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Brady & Morris Engineering's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Brady & Morris Engineering's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Brady & Morris Engineering's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Brady & Morris Engineering has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Brady & Morris Engineering performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Brady & Morris Engineering's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Brady & Morris Engineering has delivered over 20% year on year earnings growth in the past 5 years.
  • Brady & Morris Engineering's 1-year earnings growth exceeds its 5-year average (310.8% vs 52.1%)
  • Brady & Morris Engineering's earnings growth has exceeded the IN Machinery industry average in the past year (310.8% vs -6.2%).
Earnings and Revenue History
Brady & Morris Engineering's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Brady & Morris Engineering Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:505690 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 473.83 39.27 68.02
2019-09-30 440.35 31.04 67.26
2019-06-30 448.11 24.47 79.83
2019-03-31 436.63 20.73 63.57
2018-12-31 435.49 9.56 65.03
2018-09-30 421.55 9.56 81.56
2018-06-30 327.54 -9.99 60.90
2018-03-31 237.60 -11.34 57.85
2017-12-31 235.61 -13.87 58.16
2017-09-30 245.44 -15.83 56.98
2017-06-30 312.28 1.49 56.73
2017-03-31 361.31 0.59 58.92
2016-12-31 327.64 2.70 55.28
2016-09-30 309.37 2.20 56.69
2016-06-30 341.25 2.16 -0.61
2016-03-31 359.92 2.04 59.01
2015-12-31 364.37 -2.80 60.62
2015-09-30 358.52 -2.58 75.41
2015-06-30 346.53 -3.13 54.23
2015-03-31 323.51 -1.45 50.53
2014-12-31 322.84 3.68 63.02
2014-09-30 313.78 5.44 63.48
2014-06-30 315.81 8.13 63.05
2014-03-31 347.41 9.74 64.84
2013-12-31 356.87 15.93 73.69
2013-09-30 376.12 17.55 71.70
2013-06-30 352.76 16.82 43.04
2013-03-31 313.43 7.58 55.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Brady & Morris Engineering made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Brady & Morris Engineering used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
  • Brady & Morris Engineering has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Brady & Morris Engineering's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Brady & Morris Engineering has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Brady & Morris Engineering's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Brady & Morris Engineering's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Brady & Morris Engineering is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Brady & Morris Engineering's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Brady & Morris Engineering's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Brady & Morris Engineering Company Filings, last reported 2 months ago.

BSE:505690 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 38.88 241.83 9.91
2019-09-30 38.88 241.83 9.91
2019-06-30 22.57 274.66 9.19
2019-03-31 22.57 272.99 0.09
2018-12-31 6.98 243.26 9.49
2018-09-30 6.98 243.26 9.49
2018-06-30 0.99 309.27 0.13
2018-03-31 0.99 307.26 0.13
2017-12-31 -6.95 286.38 7.94
2017-09-30 -6.95 286.38 7.94
2017-06-30 207.71 105.63 9.63
2017-03-31 12.08 297.65 1.06
2016-12-31 208.66 103.59 8.72
2016-09-30 208.66 103.59 8.72
2016-06-30
2016-03-31 207.30 109.36 8.72
2015-12-31
2015-09-30 206.46 92.00 9.95
2015-06-30 80.26 239.74 13.67
2015-03-31 80.26 238.70 13.67
2014-12-31
2014-09-30
2014-06-30 83.71 77.09 9.41
2014-03-31 83.71 76.70 9.41
2013-12-31
2013-09-30
2013-06-30
2013-03-31 73.97 57.44 10.35
  • Brady & Morris Engineering's level of debt (617.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (229.2% vs 617.8% today).
  • Debt is well covered by operating cash flow (29.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.6x coverage).
X
Financial health checks
We assess Brady & Morris Engineering's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Brady & Morris Engineering has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Brady & Morris Engineering's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Brady & Morris Engineering dividends.
If you bought ₹2,000 of Brady & Morris Engineering shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Brady & Morris Engineering's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Brady & Morris Engineering's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:505690 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Machinery Industry Average Dividend Yield Market Cap Weighted Average of 100 Stocks 2%
India Market Average Dividend Yield Market Cap Weighted Average of 1419 Stocks 1.9%
India Minimum Threshold Dividend Yield 10th Percentile 0.5%
India Bottom 25% Dividend Yield 25th Percentile 1%
India Top 25% Dividend Yield 75th Percentile 4.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:505690 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2012-08-24 0.000 0.000
2012-05-17 0.000 0.000
2011-06-24 0.000 0.000
2010-05-31 1.500 1.563
2010-04-15 1.500 1.445
2009-06-01 1.500 1.912
2009-04-15 1.500 2.909

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Brady & Morris Engineering has not reported any payouts.
  • Unable to verify if Brady & Morris Engineering's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Brady & Morris Engineering's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Brady & Morris Engineering has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Brady & Morris Engineering's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Brady & Morris Engineering afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Brady & Morris Engineering has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Brady & Morris Engineering's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pavan Morarka
COMPENSATION ₹80,000
AGE 64
CEO Bio

Mr. Pavan Gokulchand Morarka has been Chairman and Managing Director of WH Brady & Company Limited since August 01, 2007. Mr. Morarka serves as the Chairman and Managing Director of Brady & Morris Engineering Company Ltd., and has been its Director since February 27, 1985. He has been a Director of WH Brady & Company Limited since August 01, 2007. He serves as a Director of Brady Air Ltd., Shirt Company India Ltd. and Global Tradecracker Ltd.

CEO Compensation
  • Pavan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Pavan's remuneration is lower than average for companies of similar size in India.
Management Team

Pavan Morarka

TITLE
Chairman & MD
COMPENSATION
₹80K
AGE
64

Rajender Sharma

TITLE
CFO & Director
COMPENSATION
₹80K
AGE
55

Vaibhav Morarka

TITLE
Executive Director
COMPENSATION
₹4M
AGE
34

H. Bindra

TITLE
Chief Operating Officer

Khushmeeta Bafna

TITLE
Company Secretary & Compliance Officer
TENURE
2 yrs
Board of Directors Tenure

Average tenure and age of the Brady & Morris Engineering board of directors in years:

5.8
Average Tenure
59.5
Average Age
  • The tenure for the Brady & Morris Engineering board of directors is about average.
Board of Directors

Pavan Morarka

TITLE
Chairman & MD
COMPENSATION
₹80K
AGE
64

Rajender Sharma

TITLE
CFO & Director
COMPENSATION
₹80K
AGE
55
TENURE
6.7 yrs

Vaibhav Morarka

TITLE
Executive Director
COMPENSATION
₹4M
AGE
34
TENURE
7.6 yrs

Kaushik Shah

TITLE
Independent Director
COMPENSATION
₹85K
AGE
71
TENURE
25.8 yrs

Sumit Banerjee

TITLE
Independent Director
COMPENSATION
₹55K
TENURE
5.8 yrs

Cyrus Vachha

TITLE
Independent Director
COMPENSATION
₹125K
TENURE
5.8 yrs

Dinesh Singhal

TITLE
Independent Director
COMPENSATION
₹45K
AGE
66
TENURE
1.5 yrs

Mita Jha

TITLE
Woman Director
AGE
51
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Brady & Morris Engineering's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Brady & Morris Engineering has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Brady & Morris Engineering Company Limited manufactures and sells material handling equipment in India. It offers cranes, such as single and doublr grinder, underslung, jib, gantry, and flameproof cranes; hoists that include ropemaster electric wire, flameproof electric wire rope, and electric chain hoists; electric winches; and manual hoists, such as RS chain pulley blocks, NX chain pulley blocks, ES chain pulley blocks, non-sparking chain pulley blocks, geared travelling trolleys, and non-sparking geared travelling trolleys. The company also provides chain pulley blocks, ratchet lever hoists, hydraulic pallet trucks, and goods lifts under the BRAD name, as well as textile machinery, stores, etc. In addition, it offers services that include crane refurbishment, erection and commissioning, and service and repair. It serves customers in steel, cement, power, sugar, chemical, mining, water and sewerage treatment, and defense industries. The company was founded in 1946 and is headquartered in Mumbai, India. Brady & Morris Engineering Company Limited is a subsidiary of W. H. Brady and Company Limited.

Details
Name: Brady & Morris Engineering Company Limited
505690
Exchange: BSE
Founded: 1946
₹145,125,000
2,250,000
Website: http://www.bradymorris.in
Address: Brady & Morris Engineering Company Limited
Brady House,
4th Floor,
Mumbai,
Maharashtra, 400001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 505690 Equity Shares Mumbai Stock Exchange IN INR 24. Jul 1998
Number of employees
Current staff
Staff numbers
62
Brady & Morris Engineering employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 12:41
End of day share price update: 2020/03/26 00:00
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.