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Birla Cable Ltd. Stock Analysis

Small Cap
Evaluated by 641 users | BSE: 500060 | NSE: BIRLACABLE |
Cable
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...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed -3.76%-1.34%10.02%23.44%12.69%10.88%3.61%12.35%24.97%2.62%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 67.875.1124291264250211325502223
Y-o-Y Gr. Rt.-10.8%64.9%134.7%-9.2%-5.4%-15.5%54%54.5%-55.6%
Adjusted EPS (Rs.) -1.57-1.521.896.613.793.990.975.3215.390.35
Y-o-Y Gr. Rt.-NANA249.7%-42.7%5.3%-75.7%448.5%189.3%-97.7%
Book Value per Share (Rs.) 20.4618.8520.7525.9928.9530.5832.140.4857.2451.93
Adjusted Net Profit -4.7-4.65.719.811.4122.91646.21
Net Op. Cash Flow (Rs. Cr.) 4-5.12.73.67.628.629.5-6.916.931.9
Debt to Cash Flow from Ops 5.63-5.7812.7813.37.72.341.36-6.463.512.35
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Birla Cable Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 14.2%-3.3%1.9%-55.6%
Adjusted EPS NA-37.9%-28.8%-97.7%
Book Value per Share 10.912.417.4-9.3
Share Price 16.4% 4% 6.5% -11.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) -7.4-7.749.5428.2713.7813.393.0814.6631.490.64
Operating Profit Margin (%) -1.472.68.9912.2511.0110.646.4110.6715.737.62
Net Profit Margin (%) -6.94-6.084.586.824.34.791.374.919.190.47
Debt to Equity 0.360.520.550.610.670.730.420.370.350.48
Working Capital Days 214205187147204196215173155337
Cash Conversion Cycle 14212167306379827373216
Entity Percentage Holding
Promoters 66.35%
Institutions 0.05%
Non-Institutions 33.59%
Pledged *6.286.286.286.286.286.286.286.286.286.28
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Birla Cable's performance infers:

Birla Cable earnings have declined by -37.9%, whereas share price has appreciated 4% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Birla Cable share prices over the last 10 years. Here is what we found out:

Birla Cable share price has appreciated 5.6% annually over the past ten years.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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