Birla Corporation Ltd
Birla corporation It is a company of M.P Birla Group. The Co is engaged in the manufacturing of cement of various kinds and also has a presence in the jute goods industry. [1]
- Market Cap ₹ 8,481 Cr.
- Current Price ₹ 1,101
- High / Low ₹ 1,802 / 1,073
- Stock P/E 105
- Book Value ₹ 757
- Dividend Yield 0.91 %
- ROCE 6.35 %
- ROE 3.63 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 39.7%
Cons
- The company has delivered a poor sales growth of 5.19% over past five years.
- Company has a low return on equity of 3.11% 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.
Peer comparison
Sector: Cement Industry: Cement - North India
Part of BSE 250 SmallCap Index BSE 500 BSE 400 MidSmallCap Index Nifty 500 BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,603 | 3,016 | 3,210 | 3,268 | 3,345 | 3,720 | 4,424 | 4,747 | 4,442 | 4,791 | 5,441 | 5,697 | 5,156 | |
2,210 | 2,759 | 2,908 | 3,044 | 2,974 | 3,376 | 4,018 | 4,072 | 3,832 | 4,304 | 5,175 | 5,151 | 4,763 | |
Operating Profit | 393 | 257 | 302 | 224 | 372 | 344 | 406 | 675 | 610 | 487 | 266 | 546 | 393 |
OPM % | 15% | 9% | 9% | 7% | 11% | 9% | 9% | 14% | 14% | 10% | 5% | 10% | 8% |
127 | 113 | 142 | 207 | 137 | 65 | 81 | 82 | 111 | 63 | 77 | 76 | 74 | |
Interest | 65 | 86 | 78 | 82 | 139 | 165 | 178 | 185 | 130 | 101 | 107 | 111 | 105 |
Depreciation | 104 | 133 | 153 | 148 | 147 | 146 | 149 | 151 | 161 | 177 | 187 | 214 | 215 |
Profit before tax | 351 | 152 | 213 | 201 | 223 | 98 | 160 | 421 | 430 | 272 | 48 | 296 | 146 |
Tax % | 23% | 15% | 18% | 17% | 4% | -18% | 14% | 25% | 0% | 26% | 6% | 33% | |
270 | 130 | 175 | 168 | 214 | 115 | 138 | 316 | 429 | 203 | 45 | 198 | 85 | |
EPS in Rs | 35.04 | 16.85 | 22.78 | 21.78 | 27.79 | 14.95 | 17.89 | 41.02 | 55.65 | 26.35 | 5.90 | 25.73 | 11.01 |
Dividend Payout % | 20% | 36% | 26% | 28% | 23% | 43% | 42% | 18% | 18% | 38% | 42% | 39% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 9% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | -23% |
TTM: | -41% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | -8% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 3% |
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 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
Reserves | 2,373 | 2,449 | 2,547 | 2,848 | 3,097 | 4,051 | 4,149 | 4,271 | 4,750 | 5,118 | 5,061 | 5,525 | 5,750 |
1,226 | 1,401 | 1,302 | 1,281 | 1,951 | 1,881 | 1,854 | 1,670 | 1,283 | 1,234 | 1,033 | 919 | 1,171 | |
849 | 951 | 1,065 | 1,022 | 1,292 | 1,656 | 1,720 | 1,838 | 1,842 | 1,942 | 2,030 | 2,108 | 2,054 | |
Total Liabilities | 4,525 | 4,879 | 4,991 | 5,228 | 6,417 | 7,665 | 7,800 | 7,856 | 7,952 | 8,372 | 8,202 | 8,628 | 9,052 |
1,733 | 1,865 | 1,923 | 2,028 | 2,011 | 3,051 | 3,086 | 3,065 | 3,078 | 3,335 | 3,459 | 3,507 | 3,465 | |
CWIP | 229 | 142 | 123 | 63 | 61 | 97 | 57 | 149 | 191 | 200 | 114 | 198 | 246 |
Investments | 1,271 | 1,334 | 1,318 | 1,698 | 2,926 | 3,061 | 3,173 | 3,146 | 3,094 | 3,307 | 3,006 | 3,403 | 3,482 |
1,293 | 1,538 | 1,628 | 1,438 | 1,419 | 1,456 | 1,484 | 1,496 | 1,589 | 1,531 | 1,623 | 1,521 | 1,860 | |
Total Assets | 4,525 | 4,879 | 4,991 | 5,228 | 6,417 | 7,665 | 7,800 | 7,856 | 7,952 | 8,372 | 8,202 | 8,628 | 9,052 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
196 | 362 | 278 | 248 | 460 | 420 | 440 | 737 | 671 | 491 | 210 | 641 | |
-111 | -344 | -8 | -11 | -1,006 | -130 | -177 | -387 | -6 | -186 | 176 | -387 | |
-62 | -10 | -265 | -201 | 518 | -283 | -282 | -379 | -666 | -268 | -388 | -265 | |
Net Cash Flow | 24 | 8 | 6 | 36 | -29 | 7 | -19 | -29 | -1 | 37 | -2 | -10 |
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 | 11 | 9 | 10 | 11 | 10 | 16 | 16 | 14 | 16 | 17 | 15 | 15 |
Inventory Days | 521 | 352 | 426 | 342 | 291 | 291 | 222 | 215 | 213 | 222 | 260 | 180 |
Days Payable | 116 | 106 | 123 | 98 | 115 | 178 | 160 | 131 | 142 | 173 | 193 | 138 |
Cash Conversion Cycle | 416 | 255 | 313 | 254 | 186 | 128 | 78 | 98 | 88 | 66 | 82 | 57 |
Working Capital Days | 63 | 10 | 47 | 16 | 22 | 19 | 9 | 2 | 26 | 15 | 13 | 4 |
ROCE % | 11% | 6% | 6% | 7% | 8% | 5% | 5% | 10% | 9% | 6% | 3% | 6% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Nov
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
12 Nov - RCCPL completes acquisition of 3.12% shares in Continuum MP Windfarm.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
8 Nov - Intimation of lost share certificates and duplicate issuance.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
30 Oct - Extension of acquisition closing date to January 2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Oct 2024TranscriptPPT
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Aug 2024TranscriptPPTREC
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May 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPT
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May 2023TranscriptPPT
Product and Brand Offerings
The company manufactures different types of cement like OPC Cement, 43&53 grades, PPC cement, fly ash-based PPC, Low Alkali Portland Cement, and Portland Slag Cement, among other categories. It provides cement under the following classifications:
Popular Cement: Chetak, PSC & Samrat
Premium Cement: Unique, Ultimate, Ultimate Ultra, Perfect Plus & Samrat advanced
Institutional Cement: Concrecem & Multicem
Wall putty: MP Birla Perfect plus wall putty
Construction chemicals: IWP & SBR latex [1] [2] [3][4]