New Risk • Jun 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (7.6% net profit margin). Market cap is less than US$100m (₹1.80b market cap, or US$19.0m). New Risk • May 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.3% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (7.3% net profit margin). Market cap is less than US$100m (₹2.05b market cap, or US$21.4m). Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹24.78 (vs ₹107 in FY 2025) Full year 2026 results: EPS: ₹24.78 (down from ₹107 in FY 2025). Revenue: ₹759.0m (down 16% from FY 2025). Net income: ₹55.7m (down 77% from FY 2025). Profit margin: 7.3% (down from 27% in FY 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 22
Brady & Morris Engineering Company Limited to Report Q4, 2026 Results on May 27, 2026 Brady & Morris Engineering Company Limited announced that they will report Q4, 2026 results on May 27, 2026 Board Change • Mar 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yash Shah was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹9.73 (vs ₹9.41 in 3Q 2025) Third quarter 2026 results: EPS: ₹9.73 (up from ₹9.41 in 3Q 2025). Revenue: ₹235.7m (up 20% from 3Q 2025). Net income: ₹21.9m (up 3.4% from 3Q 2025). Profit margin: 9.3% (down from 11% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 57% per year whereas the company’s share price has increased by 62% per year. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹873, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 308% over the past three years. Annonce • Jan 31
Brady & Morris Engineering Company Limited to Report Q3, 2026 Results on Feb 14, 2026 Brady & Morris Engineering Company Limited announced that they will report Q3, 2026 results on Feb 14, 2026 New Risk • Jan 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (132% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹1.91b market cap, or US$20.8m). Annonce • Jan 24
Brady & Morris Engineering Company Ltd. Announces Demise of Independent Director Ms. Mita Jha Brady & Morris Engineering Company Ltd. was intimated by the family members regarding the sad demise of Ms. Mita Jha (DIN: 07258314), Independent Director of the Company, who expired on December 21, 2025. She was associated with the Company since May 21, 2019. New Risk • Nov 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 134% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (134% accrual ratio). Minor Risk Market cap is less than US$100m (₹2.25b market cap, or US$25.4m). Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹2.12 (vs ₹10.81 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.12 (down from ₹10.81 in 2Q 2025). Revenue: ₹136.4m (down 42% from 2Q 2025). Net income: ₹4.76m (down 80% from 2Q 2025). Profit margin: 3.5% (down from 10% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 31
Brady & Morris Engineering Company Limited to Report Q2, 2026 Results on Nov 13, 2025 Brady & Morris Engineering Company Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Annonce • Aug 28
Brady & Morris Engineering Company Limited, Annual General Meeting, Sep 27, 2025 Brady & Morris Engineering Company Limited, Annual General Meeting, Sep 27, 2025, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹1,261, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 30x in the Machinery industry in India. Total returns to shareholders of 951% over the past three years. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹6.84 (vs ₹10.71 in 1Q 2025) First quarter 2026 results: EPS: ₹6.84 (down from ₹10.71 in 1Q 2025). Revenue: ₹202.8m (down 1.3% from 1Q 2025). Net income: ₹15.4m (down 36% from 1Q 2025). Profit margin: 7.6% (down from 12% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 130% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 24
Brady & Morris Engineering Company Limited to Report Q1, 2026 Results on Aug 08, 2025 Brady & Morris Engineering Company Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,880, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 1,524% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,392, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 33x in the Machinery industry in India. Total returns to shareholders of 1,133% over the past three years. Reported Earnings • May 26
Full year 2025 earnings released: EPS: ₹107 (vs ₹37.40 in FY 2024) Full year 2025 results: EPS: ₹107 (up from ₹37.40 in FY 2024). Revenue: ₹909.0m (up 21% from FY 2024). Net income: ₹240.1m (up 185% from FY 2024). Profit margin: 26% (up from 11% in FY 2024). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 126% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1,311, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 28x in the Machinery industry in India. Total returns to shareholders of 1,041% over the past three years. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: ₹9.41 (vs ₹9.73 in 3Q 2024) Third quarter 2025 results: EPS: ₹9.41 (down from ₹9.73 in 3Q 2024). Revenue: ₹198.5m (up 4.6% from 3Q 2024). Net income: ₹21.2m (down 3.3% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹2.76b market cap, or US$31.6m). Annonce • Jan 28
Brady & Morris Engineering Company Limited to Report Q3, 2025 Results on Feb 06, 2025 Brady & Morris Engineering Company Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹1,238, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 37x in the Machinery industry in India. Total returns to shareholders of 759% over the past three years. Buy Or Sell Opportunity • Jan 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to ₹1,523. The fair value is estimated to be ₹1,934, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 41%. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1,843, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 38x in the Machinery industry in India. Total returns to shareholders of 1,516% over the past three years. Buy Or Sell Opportunity • Nov 21
Now 20% undervalued Over the last 90 days, the stock has risen 33% to ₹1,547. The fair value is estimated to be ₹1,943, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 41%. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: ₹10.81 (vs ₹8.58 in 2Q 2024) Second quarter 2025 results: EPS: ₹10.81 (up from ₹8.58 in 2Q 2024). Revenue: ₹235.7m (up 48% from 2Q 2024). Net income: ₹24.3m (up 26% from 2Q 2024). Profit margin: 10% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 145% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 25
Brady & Morris Engineering Company Limited to Report Q2, 2025 Results on Nov 09, 2024 Brady & Morris Engineering Company Limited announced that they will report Q2, 2025 results on Nov 09, 2024 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹2,077, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 1,477% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,466, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 828% over the past three years. Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: ₹10.71 (vs ₹7.88 in 1Q 2024) First quarter 2025 results: EPS: ₹10.71 (up from ₹7.88 in 1Q 2024). Revenue: ₹206.4m (up 44% from 1Q 2024). Net income: ₹24.1m (up 36% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 25
Brady & Morris Engineering Company Limited to Report Q1, 2025 Results on Aug 10, 2024 Brady & Morris Engineering Company Limited announced that they will report Q1, 2025 results on Aug 10, 2024 New Risk • May 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹2.67b market cap, or US$32.2m). Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹1,187, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 41x in the Machinery industry in India. Total returns to shareholders of 1,200% over the past three years. Annonce • May 08
Brady & Morris Engineering Company Limited to Report Q4, 2024 Results on May 23, 2024 Brady & Morris Engineering Company Limited announced that they will report Q4, 2024 results on May 23, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹9.73 (vs ₹5.06 in 3Q 2023) Third quarter 2024 results: EPS: ₹9.73 (up from ₹5.06 in 3Q 2023). Revenue: ₹190.5m (up 35% from 3Q 2023). Net income: ₹21.9m (up 92% from 3Q 2023). Profit margin: 12% (up from 8.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 14
Brady & Morris Engineering Company Limited Appoints Pinaki Misra as Additional Director The Board of Directors of the Brady & Morris Engineering Company Limited at its Meeting held on February 14, 2024 has approved appointment of Mr. Pinaki Misra as an Additional Director of the Company with effect from February 14, 2024. Term of Appointment: Mr. Pinaki Misra will hold office as an Additional Director upto the next Annual General Meeting of the Company, subject to re-appointment. Mr. Pinaki Misra, aged 64 years a Member of Parliament (Lok Sabha) and also a Practicing Senior Advocate in the Supreme Court of India. He holds specializations in Corporate Law, Foreign Exchange, Customs and Excise Laws, Mining related Laws, Company Laws, Environmental Laws and Constitutional Laws. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,003, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 1,018% over the past three years. Annonce • Jan 30
Brady & Morris Engineering Company Limited to Report Q3, 2024 Results on Feb 14, 2024 Brady & Morris Engineering Company Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹722, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 32x in the Machinery industry in India. Total returns to shareholders of 910% over the past three years. New Risk • Dec 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (₹1.32b market cap, or US$15.9m). Reported Earnings • Nov 05
Second quarter 2024 earnings released: EPS: ₹8.58 (vs ₹5.88 in 2Q 2023) Second quarter 2024 results: EPS: ₹8.58 (up from ₹5.88 in 2Q 2023). Revenue: ₹161.5m (down 3.3% from 2Q 2023). Net income: ₹19.3m (up 46% from 2Q 2023). Profit margin: 12% (up from 7.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 21
Brady & Morris Engineering Company Limited to Report Q2, 2024 Results on Nov 04, 2023 Brady & Morris Engineering Company Limited announced that they will report Q2, 2024 results at 12:15 PM, Indian Standard Time on Nov 04, 2023 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹425, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 30x in the Machinery industry in India. Total returns to shareholders of 358% over the past three years. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: ₹7.88 (vs ₹4.80 in 1Q 2023) First quarter 2024 results: EPS: ₹7.88 (up from ₹4.80 in 1Q 2023). Revenue: ₹145.0m (up 3.5% from 1Q 2023). Net income: ₹17.7m (up 64% from 1Q 2023). Profit margin: 12% (up from 7.7% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 11
Brady & Morris Engineering Company Limited, Annual General Meeting, Sep 22, 2023 Brady & Morris Engineering Company Limited, Annual General Meeting, Sep 22, 2023, at 11:30 Indian Standard Time. Annonce • Jul 26
Brady & Morris Engineering Company Limited to Report Q1, 2023 Results on Aug 11, 2023 Brady & Morris Engineering Company Limited announced that they will report Q1, 2023 results on Aug 11, 2023 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹376, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 487% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹337, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 427% over the past three years. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹22.47 (vs ₹14.19 in FY 2022) Full year 2023 results: EPS: ₹22.47 (up from ₹14.19 in FY 2022). Revenue: ₹610.2m (up 30% from FY 2022). Net income: ₹50.5m (up 58% from FY 2022). Profit margin: 8.3% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹227, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 313% over the past three years. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹236, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 235% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹5.06 (vs ₹2.90 in 3Q 2022) Third quarter 2023 results: EPS: ₹5.06 (up from ₹2.90 in 3Q 2022). Revenue: ₹142.7m (up 5.5% from 3Q 2022). Net income: ₹11.4m (up 75% from 3Q 2022). Profit margin: 8.0% (up from 4.8% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 12
Brady & Morris Engineering Company Limited Approves Appointment of Rajiv Kumar Bakshi as an Additional Director Brady & Morris Engineering Company Limited Board of Directors at its Meeting held on February 11, 2023 has approved appointment of Mr. Rajiv Kumar Bakshi as an Additional Director of the Company with effect from February 11, 2023. Mr. Rajiv Kumar Bakshi, aged 70 years is a professional banker with over 37 years rich experience of Banking operations with a thorough knowledge of process flow, International Banking, Treasury, Large Corporate Credit & Risk Management and Business Process Reengineering. A new foray of the Bank into life Insurance business with the setting up of a Joint Venture Life Insurance Company in collaboration with Daiichi Mutual Life of Japan and Union Bank of India. He was an Executive Director of Bank of Baroda handling the important functions of Large credit, International Banking, Treasury, Information Technology, Audit & Business Process Re-engineering and represented the bank on its Kenya & Tanzania subsidiaries as Chairman of their respective Boards, as well as Director on the Zambian Joint Venture. Since October 2019 up to 25.01.2022 he served as member of the Expert Committee appointed by RBI to assist the Administrator of Punjab & Maharashtra Coop Bank Ltd. and serving as Consultant to a Small Finance Bank. Annonce • Jan 26
Brady & Morris Engineering Company Limited to Report Q3, 2023 Results on Feb 11, 2023 Brady & Morris Engineering Company Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Feb 11, 2023 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹236, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 686% over the past three years. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 19% share price gain to ₹240, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 615% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Mita Jha was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹5.88 (vs ₹4.52 in 2Q 2022) Second quarter 2023 results: EPS: ₹5.88 (up from ₹4.52 in 2Q 2022). Revenue: ₹168.8m (up 90% from 2Q 2022). Net income: ₹13.2m (up 30% from 2Q 2022). Profit margin: 7.8% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 21
Brady & Morris Engineering Company Limited to Report Q2, 2023 Results on Nov 09, 2022 Brady & Morris Engineering Company Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 09, 2022 Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 21% share price gain to ₹156, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 383% over the past three years. Reported Earnings • Sep 02
Full year 2022 earnings released Full year 2022 results: Revenue: ₹473.6m (up 24% from FY 2021). Net income: ₹31.9m (up 22% from FY 2021). Profit margin: 6.7% (down from 6.9% in FY 2021). The decrease in margin was driven by higher expenses. Annonce • Aug 13
Brady & Morris Engineering Company Limited, Annual General Meeting, Sep 23, 2022 Brady & Morris Engineering Company Limited, Annual General Meeting, Sep 23, 2022, at 11:45 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 29% share price gain to ₹140, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 264% over the past three years. Annonce • Jul 28
Brady & Morris Engineering Company Limited to Report Q1, 2023 Results on Aug 12, 2022 Brady & Morris Engineering Company Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 19% share price gain to ₹122, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 180% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Mita Jha was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹107, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 121% over the past three years. Board Change • Feb 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Mita Jha was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 17
Brady & Morris Engineering Company Limited Announces Demise of R. C. Jain, Director Brady & Morris Engineering Company Limited announced the sad demise of Mr. R. C. Jain, Director of the Company on February 15, 2022. Mr. Jain was appointed with the Company as an Independent Director with effect from November 28, 2020. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 20% share price gain to ₹141, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 236% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹119, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 21x in the Machinery industry in India. Total returns to shareholders of 150% over the past three years. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹4.52 (vs ₹3.41 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹89.8m (up 9.9% from 2Q 2021). Net income: ₹10.2m (up 32% from 2Q 2021). Profit margin: 11% (up from 9.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹120, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 140% over the past three years. Board Change • Sep 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Rameshchandra Jain was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Rameshchandra Jain was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Rameshchandra Jain was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹153, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 197% over the past three years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹135, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 22x in the Machinery industry in India. Total returns to shareholders of 181% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹2.83 (vs ₹0.13 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹84.8m (up 58% from 1Q 2021). Net income: ₹6.37m (up ₹6.08m from 1Q 2021). Profit margin: 7.5% (up from 0.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improved over the past week After last week's 19% share price gain to ₹112, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 122% over the past three years. Reported Earnings • Jun 20
Full year 2021 earnings released: EPS ₹11.68 (vs ₹16.28 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹388.9m (down 12% from FY 2020). Net income: ₹26.3m (down 28% from FY 2020). Profit margin: 6.8% (down from 8.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 21% share price gain to ₹86.25, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 26% over the past three years. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹4.47 (vs ₹5.18 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹129.1m (down 6.3% from 3Q 2020). Net income: ₹10.1m (down 14% from 3Q 2020). Profit margin: 7.8% (down from 8.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 06
New 90-day high: ₹92.00 The company is up 16% from its price of ₹79.35 on 04 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 35% over the same period. Annonce • Jan 26
Brady & Morris Engineering Company Limited to Report Q3, 2021 Results on Feb 09, 2021 Brady & Morris Engineering Company Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Jan 20
New 90-day high: ₹90.00 The company is up 2.0% from its price of ₹87.85 on 22 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 29% over the same period. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 24% share price gain to ₹84.45, the stock is trading at a trailing P/E ratio of 6.7x, up from the previous P/E ratio of 5.4x. This compares to an average P/E of 25x in the Machinery industry in India. Total returns to shareholders over the past three years are 4.6%. Is New 90 Day High Low • Jan 01
New 90-day low: ₹71.10 The company is down 27% from its price of ₹97.20 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 20% over the same period. Annonce • Nov 29
Brady & Morris Engineering Company Limited Announces Appointment of R. C Jain as an Independent Director Brady & Morris Engineering Company Limited announced that at the shareholders meeting held on November 28, 2020 have approved the appointment of Mr. R. C Jain as an Independent Director of the Company effective from November 28, 2020 for a term of 5 consecutive years. Mr. R. C. Jain, aged 83 years is a fellow member of the Institute of Chartered Accountants of India (ICAI). He has an experience of over 55 years, as Practicing Chartered Accountant and specializes in statutory audit, internal and management audits of corporate enterprises. Annonce • Nov 04
Brady & Morris Engineering Company Limited, Annual General Meeting, Nov 28, 2020 Brady & Morris Engineering Company Limited, Annual General Meeting, Nov 28, 2020, at 11:45 Indian Standard Time. Is New 90 Day High Low • Oct 08
New 90-day high: ₹118 The company is up 54% from its price of ₹76.50 on 10 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 9.0% over the same period. Annonce • Jul 07
Brady & Morris Engineering Company Limited to Report Q4, 2020 Results on Jul 09, 2020 Brady & Morris Engineering Company Limited announced that they will report Q4, 2020 results on Jul 09, 2020 