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W.H. Brady & Company Limited (501391) Fair Value & Analysis

Services · IN · Market cap ₹381M

WH W.H. Brady & Company Limited 501391 · BSE
Price₹507.00
Fair Value₹330.15
Upside-34.9%
Quality43/100
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Expensive Growth
Thin margins · 6.1% net margin
Low debt · negative free cash flow
Ranks above peers (9/12)
Narrow moat 41/100
Evidence: Medium Range ₹247.62 – ₹412.69 Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 5 days ago

Fair value updated Aug 13, 2026, revised from ₹316.87 to ₹330.15 (+4.2%) since Aug 9, 2026.

Below-average quality, and screening another 35% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹412.69). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

₹1,275 ₹115.80 Fair Value ₹330.15 Dec 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹115.80 – ₹1,275 · fair‑value band ₹247.62 – ₹412.69 · the ₹507.00 price screens above the ₹330.15 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

W.H. Brady & Company Limited (501391) currently trades at ₹507.00, while our model-based Fair Value estimate is ₹330.15, implying the stock looks roughly 34.9% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, W.H. Brady & Company Limited generated revenue of ₹580M at a net margin of 6.1%. Revenue declined 5.9% year over year. It earns a return on equity of 9.1%. Net debt stands at ₹70.8M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹247.62 (bear case) to ₹412.69 (bull case); at ₹507.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 49% below its 52-week high and 6% above its 52-week low, currently above its 200-day average. For context, the median of 10 Services peers we cover trades at -24% fair-value upside, at -35%, 501391 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹249.26 ₹249.58 ₹230.85 76
ROIC Compounder ₹52.35 ₹59.22 ₹64.94 72
Growth-Adj P/E ₹273.53 ₹390.76 ₹507.99 68
All 14 models by family
Earnings-Based
Graham-Dodd ₹132.06 ₹520.30 ₹706.47 54
Lynch FV ₹128.47 ₹183.53 ₹238.58 50
PEG = 1.0 ₹128.47 ₹183.53 ₹238.58 46
EPV ₹52.35 ₹59.22 ₹64.94 59
Multiples
P/E Multiple ₹407.84 ₹543.78 ₹679.73 63
P/S Multiple ₹247.62 ₹330.15 ₹412.69 58
P/B Multiple ₹247.62 ₹330.15 ₹412.69 55
EV/EBIT ₹179.63 ₹238.85 ₹298.06 53
EV/EBITDA ₹278.04 ₹370.05 ₹462.07 54
EV/Revenue ₹91.80 ₹130.29 ₹168.78 43
Asset-Based
NCAV (Graham) ₹169.50 ₹227.13 ₹339.00 50
Economic Profit
Residual Income ₹249.26 ₹249.58 ₹230.85 76
ROIC Compounder ₹52.35 ₹59.22 ₹64.94 72
Growth Earnings
Growth-Adj P/E ₹273.53 ₹390.76 ₹507.99 68

Widest divergence: Growth Earnings (₹390.76) versus Economic Profit (₹59.22). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹580M
Revenue growth (YoY) -5.9%
Net margin 6.1%
Return on equity 9.1%
Free cash flow −₹63.3M FY2026
P/E ratio 6.1 as of Jul 4, 2026
More key figures
Operating margin 12.8%
EPS (TTM) ₹15.07
EPS growth (YoY) -51.2%
Net debt ₹70.8M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 45 · Market factors (momentum, volatility) 23

Profitability 43
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 19
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

W.H. Brady & Company Limited, together with its subsidiaries, manufactures, markets, distributes, and trades in material handling equipment primarily in India, Africa, and Southeast Asia. It offers chain pulley blocks, ratchet lever hoists, and hydraulic pallet trucks under the BRAD name.

Full company description

W.H. Brady & Company Limited, together with its subsidiaries, manufactures, markets, distributes, and trades in material handling equipment primarily in India, Africa, and Southeast Asia. It offers chain pulley blocks, ratchet lever hoists, and hydraulic pallet trucks under the BRAD name. The company also provides pre-sales support and due diligence, project management and execution, logistics, and after sales support services for the aviation and highways sectors. In addition, it rents building spaces. Further, the company provides commissions, repairs, and services for material handling equipment. W.H. Brady & Company Limited was founded in 1895 and is based in New Delhi, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

W.H. Brady & Company Limited reported revenue of ₹886M in FY2026 versus ₹592M in FY2022, a compound +10.6%/yr. Reported net income was ₹49.5M in FY2026, compounding +4.5%/yr from FY2022.

Growth Quality 45/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹886M
Latest YoY
−15.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.0%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.6%
Revenue +10.6%/yr
FY22 ₹592M
FY23 ₹744M
FY24 ₹895M
FY25 ₹1.1B
FY26 ₹886M
Net income +4.5%/yr
FY22 ₹41.5M
FY23 ₹54.5M
FY24 ₹89.6M
FY25 ₹206M
FY26 ₹49.5M

501391 screens 35% overvalued. Compare with Ramkrishna Forgings Limited →

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Cite: Fair Value Calculator (2026). "W.H. Brady & Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/501391

Peer Group

Information Technology · 3528 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Industrial Equipment Wholesale” was too small, so the broader sector is used.)

Quality Score 43 · Bottom 25%
Fair Value upside −35% · Below median
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth -6% · Bottom 25%

Valuation Multiples vs Information Technology median · lower = cheaper

P/E (TTM) 6.1× · Cheaper than 75% of peers
P/B 0.44× · Cheaper than 75% of peers
P/S (TTM) 0.66× · Cheaper than median
EV/EBITDA 4.1× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 39
PAST 36 · sector 21
HEALTH 100 · sector 97
DIVIDEND 0 · sector 28

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Industrial Equipment Wholesale stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Ramkrishna Forgings Limited 532527 ₹742.70 ₹2,216 +198%
Redex Protech Limited 523650 ₹32.47 ₹44.79 +38%
PVR Limited 532689 ₹1,192 ₹783.79 -34%
eClerx Services Limited 532927 ₹1,854 ₹3,208 +73%
Saregama India Limited 532163 ₹531.35 ₹2,119 +299%
TAJGVK Hotels & Resorts Limited 532390 ₹337.95 ₹258.32 -24%
Entertainment Network (India) Limited 532700 ₹101.00 ₹48.39 -52%
Repro India Limited 532687 ₹327.45 ₹38.77 -88%
Allsec Technologies Limited 532633 ₹810.60 ₹605.57 -25%
Oriental Hotels Limited 500314 ₹126.45 ₹33.58 -73%

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Frequently asked questions

Is W.H. Brady & Company Limited (501391) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹330.15 versus a price of ₹507.00, about −35% (overvalued).
What is the fair value of 501391?
Our model-based fair value for W.H. Brady & Company Limited is ₹330.15 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹507.00.
What is the quality score of 501391?
W.H. Brady & Company Limited has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of W.H. Brady & Company Limited (501391)?
W.H. Brady & Company Limited reported trailing-twelve-month revenue of about ₹580M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 501391?
The net profit margin of W.H. Brady & Company Limited is about 6.1%, meaning it keeps roughly 6.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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