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Birla Corporation Ltd share Price Today

Company details

1,432.10
1,476.95
983.90
1,802.00
6M Return 10.89%
1Y Return 46.38%
Mkt Cap.(Cr) 11,106.05
Volume 100,276
Div Yield 0.69%
OI
-
OI Chg %
-
Volume 100,276

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Cement & Cement products company Birla Corporation announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Record cement sales by volume and 127% growth in net profit.
  • Capacity utilization of 97% achieved for the March quarter.
  • Consolidated net profit: Rs 193 crore, a YoY growth of 127.1%.
  • Consolidated revenue: Rs 2,682 crore, a growth of 6.8% from the same period last year.
  • Cement Division’s EBITDA per ton: Rs 964, a growth of 56.7% from the same period last year.
  • Cement sales by volume: 4.85 million tons, up 9.4% from the same period a year ago, a record high.
  • Sales of premium products: 55% of total sales for the March quarter.

FY24 Financial Highlights:

  • Full year operating profit margin: 15.52%, a growth of over 630 basis points.
  • Full year net profit: Rs 421 crore, more than 10 times the net profit in the previous year.
  • Full year revenue: Rs 9,748 crore, up 10.8%.
  • Power and fuel costs per ton of cement production: Fell 23.8% in the full year.
  • Use of renewable power: Increased to 24.15% of power consumed for the full year.
  • Cement Division’s EBITDA per ton: Rs 808 for the full year, up 69% YoY.
  • Capacity utilization: 89% for the full year, up from 81% in the previous year.
  • Sales of premium products: 54% of total sales for the full year.
  • Sales of high-yielding blended cement by volume: 15.01 million tons for the full year, up 6%.

Result PDF

View Other Company Results

Birla Corporation Ltd shares SWOT Analysis

Strengths (12)

  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth
  • Strong QoQ EPS Growth in recent results

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
  • Street Favorite: High Analyst Rating with at least 20% upside

Threats (2)

  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 1,468.8
R2 1,495.3
R3 1,513.6
Pivot

1,450.43

S1 1,423.9
S2 1,405.6
S3 1,379.1
EMA SMA
1,465.1
1,482.7
1,470.4
1,395.0
1,471.8
1,469.6
1,510.5
1,389.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Bulk Purchase 2023-06-09 1188.51 399321 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-03 955.25 164776 NSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-03 955.25 23066 NSE
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OUR RESEARCH VIEW

Investment recommendation
Operational performance to improve substantially…
Call Date
09 Feb 2024
Entry Price 1,691.00
Target Price 2,020.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Birla Corporation Ltd Stocks COMPARISON

Financials( in Cr) Birla Corporation Ltd UltraTech Cement Ltd Ambuja Cements Ltd Shree Cement Ltd ACC Ltd
Price 1,442.25 10,231.10 635.30 25,456.45 2,609.25
% Change 0.11 0.60 -1.73 -0.86 -0.27
Mcap Cr 11,106.05 295,363.67 156,482.20 91,849.42 48,998.32
Revenue TTM Cr 8,682.27 61,326.50 28,965.46 17,852.33 16,151.67
Net Profit TTM Cr 40.50 4,916.88 3,711.04 1,269.14 1,863.10
PE TTM 26.77 41.83 45.95 38.35 22.87
1 Year Return 46.38 33.67 48.68 2.79 43.41
ROCE 3.77 12.86 21.37 8.51 18.51
ROE 0.88 9.62 15.43 7.03 13.80
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 5,980.80 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 36,628.54 -24,386.86
LAST 3M 102,786.44 -29,845.85
LAST 6M 169,824.52 52,410.32
LAST 12M 264,693.58 128,545.97
Birla Corporation Limited - Updates

May 24, 2024 l NSE Announcement

Birla Corporation Limited - Loss of Share Certificates

May 21, 2024 l NSE Announcement

Birla Corporation Limited - Credit Rating

May 18, 2024 l NSE Announcement

Date Action Type Ratio
Aug 29, 2023 Dividend 25
Sep 19, 2022 Dividend 100

Birla Corporation Ltd Information

Stock PE (TTM)
26.77
Promoter Holding
62.9%
Book Value
746.9614
ROCE
3.77%
ROE
0.88%
Description
    • Birla Corporation Limited, or BCL, is an India-based holding company that operates in four sectors—cement, jute, vinoleum, and auto trim division. The company is engaged in the business of manufacturing and marketing ordinary Portland cement, Portland slag cement, low-alkali Portland cement, sulphate-resistant cement, jute fibre, cushion vinyl flooring, PVC sheet, and door trims. BCL is among the largest industrial houses in India and was founded by Late Ghanshyam Das Birla in 1919. The company has its headquarters in Kolkata, West Bengal, and its market capitalisation, as of 16 October 2022, is Rs 6,904 crore.

      Birla Corpora1tion Limited became a public company in 1919 after its listing on the stock exchanges of India. It is listed on the National Stock Exchange (NSE) under the code BIRLACORPN and the Bombay Stock Exchange (BSE) under the code 500335. The company also forms a part of the Nifty 500, Nifty Smallcap 100, S&P BSE 500, and S&P BSE AllCap indices.

      The company markets its products under various brands, including MP Birla Cement Rakshak, MP Birla Cement Perfect Plus, MP Birla Cement Samrat Advanced, MP Birla Cement Unique, and MP Birla Cement Ultimate Ultra, among others. It also manufactures over 120 tonnes of jute products, such as jute yarn, lino hessian, nursery cloth, jute carpets, jute bags, and scrims. The jute products of the company are exported to several international markets, including Europe, Japan, the USA, and others. For the quarter that ended June 2022, the company reported consolidated sales of Rs 2,203.76 crore with a net profit of Rs 61.92 crore.

      As per the shareholding pattern of the company, a 62.90% stake in the company is owned by promoters, a 16.78% stake is owned by retail investors, a 13.57% stake is invested in mutual funds, a 4.34% stake is owned by Foreign Institutional Investors (FIIs), and the remaining 2.41% stake belonged to other domestic institutions. The top mutual funds in which the company has invested are Invesco India Smallcap Fund Direct Growth, L&T Infrastructure Fund Direct Growth, ICICI Prudential Small Cap Fund Direct Growth, and Invesco India Tax Plan Direct Growth.

      On 17 October 2022, Birla Corporation Limited’s shares were trading at Rs 902.15 at the NSE and Rs 903.00 at the BSE. Birla Corporation shares have provided a one-year return of -36.26%, and their 52-week high and 52-week low prices are Rs 822.80 and Rs 1,649.00, respectively.

      Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose

Registered Address

Birla Building 3rd & 4th Floor, 9/1 R N Mukherjee Road, Kolkata, West Bengal, 700001

Tel : 91-033-66166726/6737/6738
Email : investorsgrievance:birlacorp.com
Website : http://www.birlacorporation.com
Registrar

MCS Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500335
NSE Code : BIRLACORPN
Book Closure Date (Month) : Aug/Sep
BSE Group : A
ISIN : INE340A01012

FAQ’s on Birla Corporation Ltd Shares

You can buy Birla Corporation Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Birla Corporation Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:58 PM the closing price of Birla Corporation Ltd was Rs.1,442.25.

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 May 24, 2024 03:58 PM, the market cap of Birla Corporation Ltd stood at Rs. 11,106.05.

The latest PE ratio of Birla Corporation Ltd as of May 24, 2024 03:58 PM is 26.77

The latest PB ratio of Birla Corporation Ltd as of May 24, 2024 03:58 PM is 0.52

The 52-week high of Birla Corporation Ltd share price is Rs. 1,802.00 while the 52-week low is Rs. 983.90

According to analyst recommendations, Birla Corporation Ltd Share has a "Buy" rating for the long term.

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