Brady & Morris Engineering Company Limited has informed about the Reappointment of Internal Auditor - M/s. Rajesh Dudhara & Co. for the FY 2026-27.
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Brady & Morris Engineering Company held its Board meeting on May 27, 2026, approving three key matters: (1) Audited Financial Results for Q4 and FY 2025-26 showing Revenue from Operations of Rs. 2,281.37 Lakhs and Profit Before Tax of Rs. 1,012.31 Lakhs, with an unmodified audit opinion from R K Doshi & Co. LLP; (2) Re-appointment of M/s. Rajesh Dudhara & Co. as Internal Auditor for FY 2026-27; (3) Appointment of Mr. Sanyo Rodrigues as Company Secretary and Compliance Officer effective June 1, 2026. The company reported exceptional items in the previous year including Rs. 2,334.82 Lakhs profit on sale of PPE and Rs. 402.97 Lakhs write-off due to cyber fraud. Cash flow from operating activities turned negative at Rs. 97.43 Lakhs after accounting for these exceptional items.
The company reported a net profit for FY 2025-26 with clean audit, but the negative operating cash flow and prior year cyber fraud loss may raise concerns about operational cash management despite healthy revenues. The continuity of internal auditor provides governance stability.