Birla Cable Ltd

Birla Cable Ltd

₹ 202 -0.87%
21 Nov - close price
About

Incorporated in 1992, Birla Cable
Ltd manufactures and sells telecommunications cables, other types of wires & cables, etc.[1]

Key Points

Business Overview:[1]
BCL is a part of the M P Birla group and is engaged in the manufacturing and sales of all types of optical fibre cables, copper telecommunication cables, structured copper cables, specialty cables, and allied accessories

  • Market Cap 607 Cr.
  • Current Price 202
  • High / Low 340 / 199
  • Stock P/E 83.9
  • Book Value 87.7
  • Dividend Yield 0.87 %
  • ROCE 9.57 %
  • ROE 6.89 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 22.2%

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 11.5% over last 3 years.
  • Contingent liabilities of Rs.600 Cr.

* 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.

Peer comparison

Sector: Cables Industry: Cables - Telephone

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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
137.78 142.81 162.19 147.86 199.34 199.70 245.30 174.10 174.71 161.97 174.72 165.91 181.72
129.55 132.52 144.74 139.66 182.45 183.77 222.76 161.62 164.72 150.71 167.66 159.57 172.36
Operating Profit 8.23 10.29 17.45 8.20 16.89 15.93 22.54 12.48 9.99 11.26 7.06 6.34 9.36
OPM % 5.97% 7.21% 10.76% 5.55% 8.47% 7.98% 9.19% 7.17% 5.72% 6.95% 4.04% 3.82% 5.15%
0.42 0.66 0.93 0.10 1.44 1.86 1.10 9.67 2.90 0.76 1.66 0.56 1.03
Interest 1.19 2.19 1.54 1.84 3.45 4.03 3.59 3.66 3.28 3.99 3.93 2.97 3.95
Depreciation 2.71 2.72 2.63 2.71 2.64 2.59 2.70 2.41 2.60 3.01 2.77 3.84 3.83
Profit before tax 4.75 6.04 14.21 3.75 12.24 11.17 17.35 16.08 7.01 5.02 2.02 0.09 2.61
Tax % 22.95% 25.66% 25.62% 18.93% 25.00% 25.69% 25.30% 25.44% 24.39% 25.50% 27.72% 66.67% 23.37%
3.66 4.49 10.58 3.05 9.18 8.30 12.96 11.98 5.30 3.74 1.46 0.03 2.00
EPS in Rs 1.22 1.50 3.53 1.02 3.06 2.77 4.32 3.99 1.77 1.25 0.49 0.01 0.67
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
124 291 264 250 211 325 502 223 329 535 792 686 684
113 255 235 223 198 290 423 206 303 492 728 645 650
Operating Profit 11 35 29 26 14 35 79 17 25 43 64 41 34
OPM % 9% 12% 11% 11% 6% 11% 16% 8% 8% 8% 8% 6% 5%
3 2 4 -2 3 1 3 2 2 3 4 15 4
Interest 5 9 8 7 3 4 5 7 5 6 13 15 15
Depreciation 4 5 6 7 8 8 11 12 11 11 11 11 13
Profit before tax 6 23 18 11 5 24 66 0 11 29 45 30 10
Tax % 0% 18% 32% 20% 39% 33% 29% -240% 25% 26% 25% 25%
6 19 12 8 3 16 47 1 8 22 33 22 7
EPS in Rs 1.90 6.41 4.17 2.83 1.11 5.38 15.68 0.34 2.73 7.25 11.16 7.50 2.42
Dividend Payout % 0% 16% 24% 35% 0% 19% 13% 0% 37% 21% 22% 23%
Compounded Sales Growth
10 Years: 9%
5 Years: 6%
3 Years: 28%
TTM: -14%
Compounded Profit Growth
10 Years: -2%
5 Years: -19%
3 Years: 26%
TTM: -81%
Stock Price CAGR
10 Years: 12%
5 Years: 26%
3 Years: 36%
1 Year: -26%
Return on Equity
10 Years: 12%
5 Years: 9%
3 Years: 11%
Last Year: 7%

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 30 30 30 30 30 30 30 30 30 30 30 30 30
Reserves 32 48 57 62 66 91 142 126 138 157 200 222 233
34 48 58 67 40 45 59 75 71 82 129 165 148
44 106 73 73 73 92 110 50 77 77 103 42 62
Total Liabilities 141 232 218 232 209 258 341 281 317 346 461 459 473
30 38 41 61 55 60 67 85 79 74 83 117 112
CWIP 4 1 1 0 1 0 7 0 0 2 3 0 4
Investments 14 14 14 19 20 11 19 9 13 12 30 37 57
93 178 162 152 133 187 248 187 225 258 345 304 300
Total Assets 141 232 218 232 209 258 341 281 317 346 461 459 473

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
3 4 8 29 30 -7 17 32 -1 3 -7 16
-3 -11 -10 -20 -5 6 -25 -19 -3 -5 -24 -32
1 7 1 -1 -31 1 8 0 -10 3 30 15
Net Cash Flow 1 -0 -1 7 -7 -0 -0 13 -14 0 -0 -0

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 110 118 113 111 118 117 118 133 147 106 100 114
Inventory Days 120 87 82 90 115 100 73 170 106 73 60 51
Days Payable 148 152 88 112 142 118 94 79 98 56 49 17
Cash Conversion Cycle 82 54 106 89 91 99 97 224 155 122 111 148
Working Capital Days 120 79 105 96 94 101 99 184 158 121 108 140
ROCE % 12% 29% 20% 14% 6% 19% 36% 3% 7% 14% 18% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35%
0.07% 0.00% 0.40% 0.23% 0.01% 0.00% 0.04% 0.01% 0.00% 0.34% 0.03% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.21% 0.09% 0.01% 0.01% 0.01% 0.01%
33.57% 33.64% 33.24% 33.42% 33.63% 33.64% 33.40% 33.56% 33.64% 33.31% 33.61% 33.65%
No. of Shareholders 35,33339,78139,61039,32439,12238,61138,41250,77451,58750,64151,46451,549

* 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.

Click on the line-items to see the names of individual entities.

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