Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

WH Brady & Company Limited

NSE: WHBRADYOther Industrial Products

Share price

₹471.75

+0.84% close of 8 Oct 2026

Market cap ₹120 CrP/E 23.9

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

49

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹120 Cr

P/E ratio

23.9

P/B ratio

1.4

ROCE

7.3%

ROE

4.3%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹742.4052-week low ₹464.40

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 19.2% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 12.5% to 4.6% over the last four years.

Whether it grew faster than its sector

It grew 13.9% a year against a sector median of 10.6% — 3.2 percentage points faster.

Room to re-rate, or risk of de-rating

At 23.9× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 26.0×, across 5 companies. It is against its own five-year median of 18.3×, the 68th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
WH Brady & Company Limited — this one-12%/yr23.9×—
KRN Heat Exchanger and Refrigeration Limited—90.4×—
Esab India Limited13%/yr36.2×₹2.8
Subros Limited53%/yr25.1×₹0.47
Harsha Engineers International Limited4%/yr26.0×₹6.5
Ador Welding Limited—21.8×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Other Industrial Products), it ranks 14 of 15 on returns, 5 of 15 on growth, 14 of 15 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 7.3% on capital, ahead of 7% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹29 crore of cash from the business, spent ₹3 crore on plant and equipment, and returned ₹20 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 82 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 58.8 days for its cash to waiting 81.7 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 8 checks clear · 75%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹19 Cr

Revenue vs last year

-17.6%

Revenue vs last quarter

-8.5%

Net profit

₹2 Cr

Profit vs last year

-4.9%

Net margin

12.8%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹120 Cr
Prev close
₹471.75
52w High
₹760
52w Low
₹415
Enterprise value
₹115 Cr
Beta
1.0
Price CAGR 1y
-37.0%
Price CAGR 3y
4.0%
Price CAGR 5y
22.0%
Price CAGR 10y
12.0%

Ratios

Return on assets
5.0%
PEG ratio
-2.0
P/E ratio
23.9
P/B ratio
1.4
EV / EBITDA
28.3
Industry P/E
25.2
ROCE
7.3%
ROCE 5y average
14.1%
ROE
4.3%
Debt / Equity
0.1
Interest coverage
7.2
Dividend yield
0.0%
ROE 3y average
7.0%
ROE last year
4.0%

Annual P&L

Annual revenue
₹89 Cr
Annual profit
₹6 Cr
Operating margin
6.0%
Net profit margin
7.3%
EBITDA margin
6.0%
Sales growth 3y
6.0%
Sales growth 5y
11.0%
Profit growth 3y
-12.0%
Profit growth 5y
-3.0%
EPS
₹19.4
Sales growth TTM
-19.0%
Profit growth TTM
-35.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹19 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
-17.6%
YoY quarterly profit growth
-5.0%
OPM latest quarter
2.9%

Balance Sheet

Book Value
₹339
Face Value
₹10.0
Total debt
₹8 Cr
Total cash
₹13 Cr
Borrowings
₹8 Cr
Reserves / Equity
32.9

Cash Flow

Operating cash flow
₹5 Cr
Free cash flow
-₹6 Cr
FCF yield
-6.3%
Net cash flow
-₹23 Cr

Shareholding

Promoter holding
73.8%
FII holding
—
DII holding
0.1%
Public holding
26.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
HBL Engineering763.0026.321,1500.38109.1-25.1638.06.059.3
Inox India2,090.0073.818,9700.0958.1-5.0370.89.233.5
KRN Heat Exchan1,409.7095.29,2280.0032.9164.9252.3118.916.1
Esab India5,495.0040.98,4581.3556.137.1421.119.664.7
Subros674.2525.64,3990.4441.51.71,032.117.519.2
Harsha Engg Intl465.0027.44,2340.3237.4-1.4457.425.213.0
Ador Welding1,514.5522.02,6361.5327.4890.5308.623.222.7
W H Brady482.0024.41230.002.53.619.4-17.67.3
Median328.5026.25650.006.210.269.516.716.2

Competes with: Ador Welding Limited, Esab India Limited, HBL Engineering Limited, Harsha Engineers International Limited, INOX India Limited, KRN Heat Exchanger and Refrigeration Limited, Subros Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales18192330242723302417272119
Expenses15172027212320282215242219
Material Cost9.24
Change in Inventories1.03
Purchases of Stock-in-Trade-1.99
Employee Cost5.42
Other Expenses5.18
Operating Profit2.932.142.533.693.353.893.451.981.711.482.79-0.760.57
OPM %171111121414156.507.258.8010-3.582.93
Other Income2.141.461.871.062.142.331.62182.800.802.130.913.26
Exceptional items (within Other Income)0
Interest0.200.210.400.310.260.240.260.690.310.380.300.280.26
Depreciation0.280.290.320.340.410.490.520.700.620.670.710.700.58
Profit before tax4.593.103.684.104.825.494.29193.581.233.91-0.832.99
Tax %2928282424282513276.5025-7517
Net Profit3.232.242.663.133.683.943.22162.621.132.92-0.202.49
EPS in Rs116.758.089.57121310468.633.929.10-2.248.94

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales454650395967525974891058984
Expenses37384236495746526578928380
Operating Profit8.198.207.982.669.729.866.927.529.5111135.324.08
OPM %1818166.88161513131313136.014.83
Other Income-0.410.290.883.870.94-0.381.111.441.616.36246.547.10
Interest2.792.412.822.612.341.630.810.860.821.111.451.271.22
Depreciation2.482.081.931.611.871.921.601.391.281.246.162.702.66
Profit before tax2.5144.112.316.455.935.626.719.0215297.897.30
Tax %172122312115112524272118
Net Profit2.093.153.211.605.115.025.025.036.8411276.476.34
EPS in Rs8.3512137.49181817162135811920
Dividend Payout %186.190000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
7%
5 years
11%
3 years
6%
TTM
-19%

Compounded profit growth

10 years
1%
5 years
-3%
3 years
-12%
TTM
-35%

Stock price CAGR

10 years
12%
5 years
22%
3 years
4%
1 year
-37%

Return on equity

10 years
7%
5 years
8%
3 years
7%
Last year
4%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2.552.552.552.552.552.552.552.552.552.552.552.55
Reserves495052525558614348588084
Borrowings44302218144.743.805.946.225.29117.62
Other Liabilities151530242321182525344436
Total Liabilities11197107979486867681100137130
Fixed Assets504846434138361112151625
CWIP1.061.562.261.261.061.061.081.162.091.171.211.30
Investments0.601.082.383.023.341.94111825353850
Other Assets594656504845384643508254
Total Assets11197107979486867681100137130

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.3336.612.718.196.98114.62118-0.085.14
Cash from Investing Activity-0.19-2.16-2.354.14-2.471.17-6.06-3.05-6.94-1.0323-23
Cash from Financing Activity0.96-3.87-4.83-1.29-6.21-7.86-4.60-1.59-6.20-7.18-0.13-5.05
Net Cash Flow0.44-3.03-0.585.55-0.500.290.60-0.03-1.92-0.2223-23
Free Cash Flow-1.180.923.897.255.736.56114.349.594.9619-6.26

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1221471981329267739476868364
Inventory Days226223236420209179143157109102121162
Days Payable14014225526414697719260557246
Cash Conversion Cycle208228180288155149145159125133133181
Working Capital Days-8.98120114124951281375937565182
ROCE %7.177.328.672.4412149.47121721137.31

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters747474747474747474747474
DIIs0.140.140.140.140.140.140.140.140.140.140.140.14
Public262626262626262626262626
No. of Shareholders1,2401,3551,3981,4921,7332,0451,9901,9622,0481,9701,9271,908

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -35.7% (₹733.85 → ₹471.75)Brick size ₹29.46 (fixed)Bricks 9
₹500₹600₹700₹472Jan '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹471.75 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-5.02inr_cr

2026-03-31

News

News and filings about WH Brady & Company Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Other Industrial Products
Classification
Capital Goods › Other Industrial Products
ISIN
INE855A01019

News impact

Big market events that reach WH Brady & Company Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 2 rows from NSE's archive (replace 0, delete 2, insert 0), 2026-05-28..2026-06-26 (docs/flat_day_repair.md)1× · 28 May 2026

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.