Aditya Birla Real Estate Ltd

Aditya Birla Real Estate Ltd

₹ 2,628 -1.12%
20 Dec - close price
About

Century Textiles and Industries Ltd has transformed from a single-unit textile entity in 1987 into a commercial powerhouse with interests in diverse industries. Currently, the business house is a trendsetter in cotton textiles and also has a remarkable presence in the Pulp and Paper and Real Estate sectors. [1]

Key Points

Revenue Breakup Q2FY24[1]
Paper & Pulp : 73%
Textiles : 22%
Real Estate Business : 4%
Others : 1%

  • Market Cap 29,358 Cr.
  • Current Price 2,628
  • High / Low 3,142 / 1,205
  • Stock P/E 86.0
  • Book Value 402
  • Dividend Yield 0.19 %
  • ROCE 12.6 %
  • ROE 3.53 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 24.6%

Cons

  • Stock is trading at 6.55 times its book value
  • The company has delivered a poor sales growth of -0.33% over past five years.
  • Company has a low return on equity of 5.25% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1,013 1,065 1,210 1,188 1,231 1,168 981 894 863 1,019 1,103 874 923
880 939 1,052 1,027 1,023 1,051 797 719 759 786 864 770 834
Operating Profit 133 125 158 161 208 118 185 175 104 233 239 103 90
OPM % 13% 12% 13% 14% 17% 10% 19% 20% 12% 23% 22% 12% 10%
39 11 13 10 17 14 129 -26 8 15 -112 25 31
Interest 18 18 20 19 23 23 18 32 27 18 20 23 40
Depreciation 57 58 56 55 56 56 48 49 50 51 52 53 53
Profit before tax 96 60 95 97 146 52 248 69 36 179 55 52 28
Tax % 31% 36% 30% 35% 34% 38% 29% 65% 57% 36% 105% 42% 49%
66 39 67 63 96 33 177 24 15 115 -3 30 14
EPS in Rs 5.92 3.45 5.97 5.65 8.59 2.91 15.83 2.12 1.37 10.30 -0.26 2.71 1.28
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
5,949 6,675 7,559 7,967 7,645 3,898 3,944 3,424 2,611 4,129 3,831 3,879 3,919
5,369 5,947 6,906 7,291 6,721 3,092 2,980 2,790 2,324 3,592 3,145 3,128 3,254
Operating Profit 580 728 654 676 924 805 964 634 287 537 686 751 665
OPM % 10% 11% 9% 8% 12% 21% 24% 19% 11% 13% 18% 19% 17%
24 18 46 52 62 138 5,673 43 61 75 136 -115 -41
Interest 320 363 485 588 551 212 102 93 89 75 70 96 100
Depreciation 356 355 249 283 313 199 193 228 229 228 192 201 209
Profit before tax -71 28 -34 -143 122 532 6,342 357 30 309 561 339 315
Tax % -52% 90% -146% -33% 14% 30% 4% -26% -5% 33% 34% 55%
-34 3 15 -95 105 372 6,076 450 32 207 368 151 157
EPS in Rs -37.09 2.92 1.53 -8.50 9.40 33.27 543.92 40.32 2.82 18.56 32.97 13.53 14.03
Dividend Payout % -148% 1,881% 360% -65% 59% 20% 1% 7% 35% 22% 15% 37%
Compounded Sales Growth
10 Years: -5%
5 Years: 0%
3 Years: 14%
TTM: 0%
Compounded Profit Growth
10 Years: 50%
5 Years: -52%
3 Years: 69%
TTM: 34%
Stock Price CAGR
10 Years: 28%
5 Years: 40%
3 Years: 43%
1 Year: 114%
Return on Equity
10 Years: 24%
5 Years: 6%
3 Years: 5%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 93 93 102 112 112 112 112 112 112 112 112 112 112
Reserves 1,712 1,654 1,963 2,252 2,370 2,636 3,195 3,465 3,552 3,807 4,073 4,266 4,373
4,850 5,678 6,139 5,793 5,700 4,369 1,020 1,359 1,004 1,215 925 1,364 3,594
1,607 1,866 1,874 2,036 2,154 3,214 1,853 1,607 1,725 2,032 2,359 2,753 3,329
Total Liabilities 8,262 9,292 10,076 10,193 10,336 10,331 6,179 6,543 6,393 7,166 7,469 8,495 11,407
4,232 4,377 5,865 7,364 7,309 7,256 4,430 4,287 4,131 4,050 3,898 3,667 3,603
CWIP 1,711 2,229 784 70 34 35 274 174 210 210 223 93 75
Investments 74 97 495 177 258 223 265 274 405 610 430 927 1,178
2,244 2,589 2,932 2,582 2,734 2,817 1,209 1,807 1,647 2,296 2,917 3,809 6,551
Total Assets 8,262 9,292 10,076 10,193 10,336 10,331 6,179 6,543 6,393 7,166 7,469 8,495 11,407

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
494 591 380 1,020 940 2,209 624 401 652 146 484 589
-873 -758 -509 -357 -247 -195 -208 -487 -181 -226 -33 -598
384 185 147 -1,242 -175 -1,795 -677 227 -511 92 -579 309
Net Cash Flow 5 18 18 -579 518 219 -261 141 -40 12 -128 301

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 25 29 32 24 24 39 19 19 23 20 15 13
Inventory Days 243 217 219 208 232 235 157 239 272 254 393 457
Days Payable 73 84 69 100 129 136 128 119 183 150 155 141
Cash Conversion Cycle 196 162 181 133 126 139 47 139 112 123 253 330
Working Capital Days 36 1 5 -35 -33 -45 -6 -29 62 36 49 50
ROCE % 4% 6% 6% 5% 8% 10% 112% 10% 3% 8% 11% 13%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21%
7.44% 7.32% 7.87% 7.91% 7.72% 7.92% 8.07% 6.64% 6.42% 7.46% 8.52% 9.41%
15.12% 15.46% 15.54% 15.98% 16.06% 16.07% 15.24% 16.10% 17.39% 16.54% 15.76% 15.90%
27.23% 27.01% 26.38% 25.89% 26.00% 25.82% 25.36% 25.93% 24.86% 24.68% 24.41% 23.43%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.12% 1.12% 1.12% 1.12% 1.12% 1.05%
No. of Shareholders 74,20775,61474,48472,58773,36872,93873,78972,01468,30169,46391,17898,994

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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