Is Birla Corporation a good quality company?

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

Is Birla Corporation undervalued or overvalued?

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

What is Birla Corporation share price return in the past 10 years?

Birla Corporation Ltd share price has appreciated 14.9% annually (CAGR) over the past ten years.

Is Birla Corporation a good buy now?

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

Birla Corporation Ltd - Stock Valuation and Financial Performance

Name: Birla Corporation
Brand: Birla Corporation

BSE: 500335 | NSE: BIRLACORPN | Diversified | Small Cap

Place order

Birla Corporation Share Price

₹1,539.80 39.05 2.60%
as on 26-Jul'24 16:01

10 Year X-Ray of Birla Corporation:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	4.8%	4.4%	6.3%	5.3%	5.9%	8.6%	9.3%	5.8%	2.6%	6.3%	-
Value Creation Index ⓘ	-0.7	-0.7	-0.5	-0.6	-0.6	-0.4	-0.3	-0.6	-0.8	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	3,210	3,268	4,348	5,730	6,549	6,916	6,785	7,461	8,682	9,663	9,663
Sales YoY Gr.	-	1.8%	33%	31.8%	14.3%	5.6%	-1.9%	10%	16.4%	11.3%	-
Adj EPS ⓘ	17.3	15.9	22.7	20.1	31	62.7	85.8	52.2	3.6	51.4	54.6
YoY Gr.	-	-8.2%	42.9%	-11.5%	54.6%	102.2%	36.8%	-39.2%	-93.1%	1335.8%	-
BVPS (₹) ⓘ	340.2	379.9	426.8	449.2	477.1	517.3	605.4	662.7	657	745.8	745.8
Adj Net Profit ⓘ	133	122	175	154	239	483	661	402	27.6	396	421
Cash Flow from Ops. ⓘ	282	249	677	805	1,064	1,341	1,328	1,039	805	1,619	-
Debt/CF from Ops. ⓘ	4.6	5.2	6.3	5.1	3.8	3.2	3.1	4.1	5.4	2.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	13%	8.1%	12.5%	11.3%
Adj EPS ⓘ	12.9%	10.6%	-15.7%	1335.8%
BVPSⓘ	9.1%	9.4%	7.2%	13.5%
Share Price	14.9%	21.1%	1.5%	28.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	5.2	4.4	5.6	4.1	5.4	10.4	12.8	7	0.5	6.3	7.3
Op. Profit Mgn % ⓘ	9.5	9.1	14.8	14.4	14.8	19.5	20	14.9	9	14.9	14.9
Net Profit Mgn % ⓘ	4.1	3.7	4	2.7	3.7	7	9.7	5.4	0.3	4.1	4.4
Debt to Equity ⓘ	0.5	0.4	1.3	1.2	1.1	1.1	0.9	0.8	0.9	0.7	0.5
Working Cap Days ⓘ	109	109	100	108	110	109	122	116	104	96	53
Cash Conv. Cycle ⓘ	41	44	27	16	14	15	16	12	11	9	8

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.30%

Sales growth is growing at healthy rate in last 3 years 12.51%

Debt to equity has declined versus last 3 years average to 0.66

Sales growth is good in last 4 quarters at 11.54%

Net Profit has been subdued in last 3 years -15.70%

Latest Financials - Birla Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	25.7	54.6
TTM Sales (₹ Cr.)	5,697	9,663
BVPS (₹.) ⓘ	606.7	745.8
Reserves (₹ Cr.) ⓘ	4,595	5,666
P/BV ⓘ	2.54	2.06
PE ⓘ	59.85	28.19

From the Market
52 Week Low / High (₹)	1061.30 / 1801.25
All Time Low / High (₹)	10.95 / 1801.25
Market Cap (₹ Cr.)	11,857
Equity (₹ Cr.)	77
Face Value (₹)	10
Industry PE ⓘ	100.5

Management X-Ray of Birla Corporation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Birla Corporation

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Birla Corporation

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	3,210	3,268	4,348	5,730	6,549	6,916	6,785	7,461	8,682	9,663
Operating Expenses ⓘ	2,911	2,982	3,725	4,922	5,600	5,580	5,448	6,354	7,910	8,225
Manufacturing Costs	1,478	1,354	1,712	2,231	2,587	2,515	2,373	2,968	4,037	3,580
Material Costs	472	606	677	820	942	919	987	1,054	1,094	1,581
Employee Cost	225	244	306	357	371	408	398	448	521	556
Other Costs ⓘ	735	778	1,030	1,513	1,700	1,738	1,690	1,884	2,258	2,508
Operating Profit ⓘ	299	286	623	808	949	1,336	1,338	1,108	772	1,438
Operating Profit Margin (%)	9.3%	8.8%	14.3%	14.1%	14.5%	19.3%	19.7%	14.8%	8.9%	14.9%
Other Income ⓘ	158	177	147	74	78	85	100	101	113	86
Interest ⓘ	78	82	277	378	371	388	296	243	339	372
Depreciation ⓘ	154	149	256	332	339	352	371	397	510	578
Exceptional Items ⓘ	-13	-31	-7	-12	0	0	-58	-31	7	7
Profit Before Tax ⓘ	213	201	230	160	317	682	713	538	43	580
Tax ⓘ	37	33	11	6	62	176	82	139	3	159
Profit After Tax	175	168	219	154	256	505	630	399	41	421
PAT Margin (%)	5.5%	5.1%	5.0%	2.7%	3.9%	7.3%	9.3%	5.3%	0.5%	4.4%
Adjusted EPS (₹)	22.8	21.8	28.5	20.0	33.2	65.6	81.8	51.8	5.3	54.6
Dividend Payout Ratio (%)	26%	28%	23%	33%	23%	11%	12%	19%	48%	18%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	2,627	2,925	3,286	4,280	4,495	4,806	5,486	6,049	5,981	6,674
Share Capital ⓘ	77	77	77	77	77	77	77	77	77	77
Reserves ⓘ	2,550	2,848	3,209	4,203	4,418	4,729	5,409	5,972	5,904	6,597
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1,243	932	4,070	3,895	3,648	3,753	3,635	4,003	3,859	3,198
Long Term Debt	1,102	790	4,049	3,830	3,623	3,669	3,604	3,791	3,838	3,185
Short Term Debt	141	143	21	65	25	84	30	212	21	12
Trade Payables	159	163	368	511	627	523	589	762	920	868
Others Liabilities ⓘ	966	1,209	1,973	2,388	2,561	3,094	3,186	3,039	3,313	3,697
Total Liabilities ⓘ	4,995	5,229	9,698	11,075	11,332	12,175	12,896	13,853	14,072	14,436
Fixed Assets
Gross Block	3,162	2,182	6,767	8,105	8,338	8,741	9,109	9,755	12,519	13,026
Accumulated Depreciation	1,234	149	404	736	1,074	1,416	1,785	2,178	2,678	3,237
Net Fixed Assetsⓘ	1,928	2,034	6,363	7,369	7,264	7,325	7,323	7,576	9,842	9,789
CWIP ⓘ	123	63	805	762	914	1,604	2,105	2,551	358	481
Investmentsⓘ	1,309	1,690	564	672	877	836	752	1,009	867	1,287
Inventories	553	567	630	687	783	788	810	820	1,062	965
Trade Receivables	88	94	133	191	262	250	280	303	323	415
Cash Equivalents	468	363	312	220	139	99	177	138	218	159
Others Assetsⓘ	527	417	890	1,173	1,093	1,273	1,448	1,455	1,402	1,341
Total Assets ⓘ	4,995	5,229	9,698	11,075	11,332	12,175	12,896	13,853	14,072	14,436

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	282	249	677	805	1,064	1,341	1,328	1,039	805	1,619
PBT ⓘ	213	201	230	160	317	682	713	538	43	580
Adjustment ⓘ	124	66	391	652	663	681	720	563	785	912
Changes in Working Capital ⓘ	-9	16	107	48	131	21	-20	-0	28	202
Tax Paid ⓘ	-46	-34	-51	-55	-47	-42	-84	-61	-51	-75
Cash Flow From Investing Activity ⓘ	-11	-11	-982	-234	-543	-1,184	-582	-775	-365	-700
Capex	-214	-164	-204	-275	-403	-986	-803	-776	-626	-526
Net Investments	93	-57	1,312	-54	-152	-45	244	-127	159	-105
Others ⓘ	110	210	-2,089	95	12	-153	-23	128	102	-69
Cash Flow From Financing Activityⓘ	-265	-202	280	-555	-535	-201	-702	-270	-318	-969
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-104	-63	769	-177	-94	132	-171	-40	308	-573
Interest Paid ⓘ	-85	-85	-274	-356	-345	-387	-349	-318	-339	-350
Dividend Paid ⓘ	-46	-46	-46	-50	-50	0	-116	-77	-77	-19
Others ⓘ	-30	-8	-168	28	-46	54	-66	164	-209	-27
Net Cash Flow ⓘ	6	36	-24	15	-14	-44	45	-6	122	-50

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	6.82	6.05	7.07	4.56	7.17	13.19	14.58	8.16	0.8	7.79
ROCE (%)	7.42	6.97	8.63	7.1	8.99	13.37	11.89	8.66	4.08	10.06
Asset Turnover Ratio	0.75	0.74	0.67	0.6	0.62	0.63	0.58	0.6	0.67	0.74
PAT to CFO Conversion(x)	1.61	1.48	3.09	5.23	4.16	2.66	2.11	2.6	19.63	3.85
Working Capital Days
Receivable Days	8	9	8	9	12	13	13	13	12	13
Inventory Days	53	54	44	38	38	39	40	37	37	35
Payable Days	121	97	143	196	221	228	206	234	281	206

Birla Corporation Ltd Stock News

Birla Corporation Ltd FAQs

What is the share price of Birla Corporation?

Company share prices are keep on changing according to the market conditions. The closing price of Birla Corporation on 26-Jul-2024 16:01 is ₹1,539.8.

What is the market cap of Birla Corporation?

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 26-Jul-2024 16:01 the market cap of Birla Corporation stood at ₹11,857.3.

What is the P/E ratio of Birla Corporation?

The latest P/E ratio of Birla Corporation as of 26-Jul-2024 16:01 is 59.85.

What is the P/B ratio of Birla Corporation?

The latest P/B ratio of Birla Corporation as of 26-Jul-2024 16:01 is 2.54.

What is the 52-week high and low of Birla Corporation?

The 52-week high of Birla Corporation is ₹1,801.3 and the 52-week low is ₹1,061.3.

What is the TTM revenue of Birla Corporation?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Birla Corporation is ₹5,697 ( Cr.) .

About Birla Corporation Ltd

Birla Corporation Limited is the flagship Company of the M.P. Birla Group. Incorporated as Birla Jute Manufacturing Company Limited in 1919, it was Late Mr. Madhav Prasad Birla who gave shape to it. As Chairman of the Company, he transformed it from a manufacturer of jute goods to a leading multi-product corporation with widespread activities. Under the Chairmanship of Mrs. Priyamvada Birla, the Company crossed the Rs. 1,300 - crore turnover mark and the name was changed to Birla Corporation Limited in 1998.

After the demise of Mrs. Priyamvada Birla, the Company continued to consolidate in terms of profitability, competitiveness and growth under the leadership of Mr. Rajendra S. Lodha, late Chairman of the M.P. Birla Group. Under his leadership, the Company posted its best ever results in the years ended 31.3.2006, 31.3.2007 and 31.3.2008. The Company continued to record impressive growth in 2008-09 and 2009-10.

Business area of the company

The company is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.

Awards and recognition

2016-17

Company’s Cement Unit: Chanderia Cement Works has received “Certificate of Excellence” in maintaining harmonious employer and employee relation, effective productivity levels and Corporate Social Responsibility by the Employers’ Association of Rajasthan, Jaipur.

2017-18

The Chanderia Unit has been awarded the Certificate of Appreciation by the Department of Women & Child Development, Govt. of Rajasthan, Chanderia for its significant contribution in the field of “BAL VIKAS PROJECTS” (Rural).
The Durgapur Unit of the Company has received “QCFI Best Private Sector Organization” award during the year and also received “Excellence” award “5-S” team at the Galaxy 31st National Convention on Quality Concept organised by QCFI.
Birla Jute Mills, Birlapur has got recognition for sincere efforts & superior performance of vendors of jute bags for coffee packing from Tata Coffee Limited.

2018-19

The Satna Unit has won CSR Platinum Award.
The Durgapur Unit has received Excellence award from National Convention on Quality Concepts, Gwalior.
Chanderia Unit has received Award from Quality Circle Forum of India, Hyderabad, for various initiatives undertaken by the Unit in the areas of environment.
Chanderia Unit has received Award in the field of Environment Excellent and Best Practices in Cement Sector by Apex India Foundation, New Delhi.

2019-20

Satna Unit of the Company won CSR Platinum Award 2019.
Durgapur Unit received one Gold award and two Silver awards at Quality Circle, Durgapur Chapter Convention.
Chanderia Unit received 2nd Award For fly ash utilization during “fly ash utilization conference 2020” by Mission Energy Foundation in February, 2020.
Chanderia Unit received Rajasthan Energy Conservation Award - 2019 under cement category for excellent efforts in energy conservation by Government Energy Department, Jaipur in December, 2019.
Chanderia Unit received Power Plant Performance Award under category LIFE TIME ACHIEVEMENT AWARD for prolong continuous efforts in NTPP and WHRS presented by M/s. Mission Energy at Delhi on 28th June, 2019.
Chanderia Unit received BHAMASHAH Award - 2019 for effective contribution in the field of education under CSR Presented by District Administration, Chittorgarh.
Chanderia Unit received Birla Cement Works, Chanderia has received the award with “Shiksha Shree” for the support provided to Govt. Education under CSR.

History and milestones

1919: Foundation of Birla Jute Mills, Birlapur, the only Indian-owned jute mill to have completed 100 years.
1957: Foundation of Satna Cement Works. Birthplace of Samrat Cement.
1967: Foundation of Birla Cement Works. Chanderia Cement Works joined ranks soon after.
1974: Foundation of Durgapur Cement Works. Durga Hi-Tech followed.
1998: Foundation of Raebareli Cement Works followed by Raebareli Hi-Tech Cement Works.
2016: Acquisition of RCCPL in Maihar, Kundanganj & Butibori, taking footprints of BCL across 12 states, with a capacity of 15.5 MTPA.
2016: Launch of MP Birla Cement brand identity, and new MP Birla Group logo.
2018: Celebrating 100 years of Syt. Madhav Prasadji Birla.
2019: Completion of 100 years with pathbreaking performance.