Birla Cable Ltd Stock Analysis

BSE: 500060 | NSE: BIRLACABLE | Cable | Small Cap

BSE Share Price 06-Dec-2022 18:01
158.05 -0.70 (-0.44%)

DeciZen - Make an Informed Decision on Birla Cable

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Birla Cable Price Chart

P/E Ratio (SA) :
17.44
Market Cap :
476.3 Cr.
52-wk low :
79.2
52-wk high :
177.7
Bole Toh?

1. Is Birla Cable Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Birla Cable Ltd is a below average quality company.

2. Is Birla Cable Ltd undervalued or overvalued?

The key valuation ratios of Birla Cable Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Birla Cable Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Birla Cable Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Birla Cable:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Birla Cable Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 10%23.4%12.7%10.9%3.6%12.4%25%2.6%4.8%9.6%-
Value Creation Index -0.30.7-0.1-0.2-0.7-0.10.8-0.8-0.7-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 124291264250211325502223329535652
YoY Gr. Rt. %-134.7%-9.2%-5.4%-15.5%54%54.5%-55.6%47.3%63%-
Adj EPS 1.96.63.8415.315.40.42.66.79.1
YoY Gr. Rt. %-249.7%-42.7%5.3%-75.7%448.5%189.3%-97.7%640%158.7%-
BVPS (₹) 20.8262930.632.140.557.251.956.162.266.6
Adj Net Profit 5.719.811.4122.91646.217.820.127
Cash Flow from Ops. 2.73.67.628.629.5-6.916.931.9-1.12.5-
Debt/CF from Ops. 12.813.37.72.31.4-6.53.52.4-61.632.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 17.7%20.5%2.2%63%
Adj EPS 15.1%47.2%-24.2%158.7%
BVPS 1314.12.810.8
Share Price 27.5% 19.6% 37.6% 96.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 9.528.313.813.43.114.731.50.64.811.314.1
Op. Profit Mgn % 912.31110.66.410.715.77.67.78.18.1
Net Profit Mgn % 4.66.84.34.81.44.99.20.52.43.84.2
Debt to Equity 0.60.60.70.70.40.40.40.50.40.40
Working Cap Days 187147204196215173155337215161150
Cash Conv. Cycle 6730637982737321613810347

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.10%

Sales growth is good in last 4 quarters at 52.23%

Sales growth has been subdued in last 3 years 2.15%

Net Profit has been subdued in last 3 years -24.21%

Latest Financials - Birla Cable Ltd.

Standalone Consolidated
TTM EPS (₹) 9.1 -
TTM Sales (₹ Cr.) 652 -
BVPS (₹.) 66.6 -
Reserves (₹ Cr.) 170 -
P/BV 2.38 -
PE 17.44 -
From the Market
52 Week Low / High (₹) 79.20 / 177.70
All Time Low / High (₹) 5.80 / 230.00
Market Cap (₹ Cr.) 476
Equity (₹ Cr.) 30
Face Value (₹) 10
Industry PE 29.9

Management X-Ray of Birla Cable :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *6.286.286.286.286.286.286.286.286.286.28
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Birla Cable

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Birla Cable Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Birla Cable on 06-Dec-2022 18:01 is : 158.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 18:01 the market cap of Birla Cable stood at ₹ 476.2.
The latest PE ratio of Birla Cable as of 06-Dec-2022 18:01 is 17.44.
The latest PB ratio of Birla Cable as of 06-Dec-2022 18:01 is 2.38
The 52-week high of Birla Cable is ₹ 177.7 and the 52-week low is ₹ 79.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Birla Cable is ₹ 652.2 ( Cr.) .

About Birla Cable Ltd

Since 1992 Birla Ericsson Optical (BEOL) is a key to all telecom requirements. It is an IS/ISO 9001:2008 and IS/ISO - 14001:2004 certified company under the M P Birla Group of industries and entered into the field of optical communication by way of manufacturing fibre optic cables, in technical and financial collaboration with Ericsson Cables AB of Sweden (now known as Ericsson Network Technologies AB of Sweden).

Ericsson is a leading name in telecommunications for the last 110 years, with activities ranging from turnkey telecom networks to cellular mobile telephone systems and business communications. Ericsson Cables AB is the pioneer in S-Z stranding and ribbon cable technologies for optical fibre cables.

BEOL has installed capacity of more than 53,000 cable km per annum to produce a complete range of optical fibre cables, including ribbon type optic fibre cable made to design and construction conforming to national and international standards. It has the capability to produce specialty fibre optic cables for use in medical equipment, computers and local area networks, cable TV network or any other type as per customized specification.

The company also has installed capacity to produce 43.25 lakh conductors km of jelly-filled copper telephone cables complying with national and international standards ranging from 5 pairs to 2400 pairs and also has capability to produce switchboard cables for switching equipment.

It has fully computerized system for process monitoring and quality control to ensure consistency and reliability of its entire product range. All production activities are carried out as per approved quality assurance plan. It, therefore, provides the best possible solutions with latest state-of-the-art technology.

The company has an exclusive marketing agreement with AFL Telecommunications for sale of hi-tech overhead fibre optic cables, especially OPGW and associated accessories, which find applications with electric power utilities, etc.

It has marketing arrangements with ILSINTECH Company, Korea for Optical Fibre Cleavers and with Ericsson Network Technologies AB, Sweden for Optical Fibre Fusion Splicer. The company has also entered into strategic marketing alliance with All optic Inc, USA for FTTP Solution for specified customers.

Products of the company

  • Optical Fibre Cables
  • Copper Telecom Cables
  • Insulated Cables, Cords & Flexes
  • Other Speciality Cables
  • Automotive Wire

Awards

  • Export Excellence Award 2006-2007
  • National Safety Award 2005

Certification / Recognition

  • IS/ISO 9001:2008 certification
  • IS/ISO - 14001:2004 certification
  • Licence for the environmental management certification
  • Det Norske Veritas Management System Certification
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