W H Brady & Company Limited reported a significant turnaround in profitability for the first quarter of FY27, with standalone net profit rising to ₹172.05 lakh for the quarter ended June 30, 2026. This marks a sharp improvement from the net loss of ₹107.70 lakh recorded in the corresponding period of FY26. The company’s consolidated net profit was reported at ₹249.24 lakh, down slightly from ₹261.64 lakh in Q1FY26.

Standalone revenue from operations expanded by 41.6% year-on-year to ₹1,090.71 lakh, up from ₹770.21 lakh in the previous fiscal's first quarter. On a consolidated basis, however, total income from operations contracted by 14% to ₹2,270.32 lakh, compared to ₹2,638.36 lakh in Q1FY26.

Financial Performance

The company’s earnings per share (EPS) on a standalone basis were ₹6.75, a notable shift from the loss per share of ₹4.22 in Q1FY25. Consolidated EPS stood at ₹9.77, down from ₹10.26 in the prior year period.

What the Numbers Show

A key divergence exists between the parent company and its consolidated group performance. While the standalone entity achieved a 41.6% revenue growth and swung to profitability, the consolidated revenue declined by 14%. This suggests that the subsidiary, Brady & Morris Engineering Company Limited, faced headwinds that offset the parent company's operational gains during the quarter.

Taxation Update

The company disclosed a change in its tax provisioning strategy following the introduction of the Income Tax Act, 2025. With effect from April 1, 2026, the parent company opted for taxation under Section 201 of the New Act. Consequently, the current tax provision for Q1FY27 was calculated at a rate of 22%, along with applicable surcharge and cess. The company also claimed Minimum Alternate Tax (MAT) credit out of the unprovided limit, up to 25% of the current quarter's tax liability.

The Board of Directors approved the unaudited financial results at its meeting held on August 13, 2026.

W.H. Brady and Company Limited reported a consolidated net profit of ₹647.25 lakh for the year ended March 31, 2026, a significant decline from ₹2,717.64 lakh in the previous year. Revenue from operations for the consolidated entity stood at ₹9,521.79 lakh for FY26, compared to ₹11,015.21 lakh in FY25. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at its meeting held on May 27, 2026.

The company's statutory auditor, M/s. J. G. Verma & Co., issued an unmodified opinion on the financial results. The board approved the re-appointment of M/s. Himank Desai & Co. and M/s. V. V. Kale & Co. as internal auditors for FY 2026-27. Additionally, Mr. Sanyo Rodrigues was appointed as the Company Secretary and Compliance Officer effective June 01, 2026.

Financial Performance

The company's standalone financial results showed a profit of ₹89.75 lakh for FY26, a decrease from ₹316.67 lakh in the previous year. Total income for the standalone entity was ₹2,558.14 lakh for the year. The trading window for designated persons, which closed on April 1, 2026, will reopen 48 hours after the announcement of the financial results.

Key Developments

The company capitalized a conversion premium of ₹976.61 lakh paid to the District Collector of Mumbai for converting leasehold rights at Brady House into freehold property. This payment was made on March 04, 2026, and the conversion was approved on March 18, 2026. The consolidated results also included an exceptional item in the prior year related to a cyber fraud write-off of ₹402.97 lakh. The board meeting was conducted via audio-visual means in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.