Birla Corporation Ltd

Birla Corporation Ltd

₹ 1,243 -0.21%
26 Dec - close price
About

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]

Key Points

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]

  • Market Cap 9,566 Cr.
  • Current Price 1,243
  • High / Low 1,802 / 1,073
  • Stock P/E 119
  • Book Value 757
  • Dividend Yield 0.80 %
  • 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.

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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
1,085 1,117 1,454 1,365 1,263 1,285 1,529 1,465 1,418 1,332 1,483 1,215 1,126
973 1,035 1,327 1,273 1,262 1,210 1,430 1,346 1,288 1,187 1,332 1,162 1,082
Operating Profit 112 81 127 91 0 75 99 118 130 145 151 53 44
OPM % 10% 7% 9% 7% 0% 6% 6% 8% 9% 11% 10% 4% 4%
16 17 19 -11 43 8 37 13 21 13 30 15 15
Interest 26 25 22 25 28 30 24 29 29 30 23 26 26
Depreciation 44 45 46 42 43 44 58 50 55 53 56 53 53
Profit before tax 59 28 79 13 -28 10 54 52 67 75 102 -11 -20
Tax % 29% 5% 28% -4% -39% 27% 22% 22% 30% 31% 42% -17% -17%
42 26 57 14 -17 7 42 40 47 51 59 -9 -17
EPS in Rs 5.42 3.42 7.40 1.79 -2.22 0.91 5.42 5.26 6.12 6.66 7.70 -1.19 -2.16
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
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: 11%
5 Years: 16%
3 Years: -4%
1 Year: -13%
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%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
62.90% 62.90% 62.90% 62.90% 62.90% 62.90% 62.90% 62.90% 62.90% 62.90% 62.90% 62.90%
3.72% 4.16% 4.34% 4.29% 4.49% 5.74% 7.18% 6.58% 6.45% 6.79% 5.99% 5.46%
16.32% 16.29% 16.06% 15.71% 16.03% 16.37% 15.79% 16.00% 16.17% 15.60% 16.26% 16.20%
17.06% 16.65% 16.70% 17.07% 16.57% 15.00% 14.15% 14.51% 14.48% 14.70% 14.84% 15.44%
No. of Shareholders 83,37290,70195,89698,01799,55798,10382,38490,38795,7291,11,0961,23,6251,41,000

* 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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