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    Brady & Morris

    Mumbai-based manufacturer of cranes and material handling equipment, sold under the Morris brand through a dealer and distributor network across India.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹169 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital22222222
    Reserves2581321454751
    Borrowings211818148965
    Other Liabilities119141217211311
    Total Liabilities3733424148776869
    AssetsFixed Assets8888109109
    CWIP11121111
    Investments1444001620
    Other Assets2721292737664138
    Total Assets3733424148776869

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating577156-13
    Cash from Investing-0-0-3-0-1123-20
    Cash from Financing-5-7-4-0-4-70-5
    SummaryCapital Expenditure
    Free Cash Flow477043222
    FCF Margin

    Valuation

    Assumptions

    Current — 505690
    Price
    ₹825
    EPS (TTM)
    ₹17.02
    PE (TTM)
    48.5
    Profit growth
    -8.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (39.0×) and current (48.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹825
    vs
    Fair value · 15% return
    ₹165
    80%Overvalued

    At -8.8% growth and a 39× exit, ₹825 only delivers your return if you pay ₹165. The price is currently baking in 22% growth.

    EPS grows -8.8%/yr for 5 years, then fades to 6% over 2, exits at 39×.

    YearGrowthEPS (₹)
    FY27-8.8%15.52
    FY28-8.8%14.16
    FY29-8.8%12.91
    FY30-8.8%11.77
    FY31-8.8%10.74
    FY32-1.4% ·fade10.59
    FY336.0% ·fade11.22

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Brady & Morris

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