Birlasoft Ltd (Birlasoft) has strength in non-ERP digital businesses like CRM, B & data analytics, app development & enterprise solution.
Birlasoft reported muted revenue numbers in Q4FY23.
Angan Guha, Chief Executive Officer and Managing Director, Birlasoft, said, “We have delivered a strong and well-rounded operating performance, with a 1.9% sequential growth in revenue to USD 161.3 million in a seasonally soft quarter and an expansion in EBITDA margin even after absorbing the full impact of compensation hikes. Deal signings during the quarter at USD 218 million TCV too have been robust, comprising both renewals as well as net new engagements. We continue to invest in our capabilities and have further expanded our leadership team with the induction of Manjunath Kygonahally as chief executive for the Rest of the World (ROW) region. The fundamentals of our business remain solid, and we stay focused on execution.”
"Our revenue during the quarter under review grew 10% YoY to Rs 13,430 million. We delivered a strong margin performance too with EBITDA margin expanding to 16.0%, despite making sustained investments in our business and having rolled out an organization-wide compensation increase effective September 1st. We continued to generate strong cash flows with best-in-class DSO at 51 days, resulting in operating cash flow at 141% of EBITDA. Our sharp focus on disciplined execution and operational efficiency position us well to successfully navigate through the current macroeconomic environment," said Kamini Shah, Chief Financial Officer, Birlasoft.
| Financials( ₹ in Cr) | Birlasoft Ltd | Tata Consultancy Services Ltd | Infosys Ltd | HCL Technologies Ltd | Wipro Ltd |
|---|---|---|---|---|---|
| Price | 698.40 | 3,862.00 | 1,419.25 | 1,466.85 | 444.35 |
| % Change | -1.37 | -0.28 | 0.34 | -0.71 | -0.89 |
| Mcap ₹ Cr | 19,258.31 | 1,397,305.59 | 589,052.33 | 398,053.95 | 232,146.30 |
| Revenue TTM ₹ Cr | 4,794.77 | 225,458.00 | 146,767.00 | 101,456.00 | 90,487.60 |
| Net Profit TTM ₹ Cr | 331.58 | 42,303.00 | 24,108.00 | 14,845.00 | 11,366.50 |
| PE TTM | 34.60 | 29.98 | 22.48 | 25.37 | 20.57 |
| 1 Year Return | 170.12 | 23.01 | 12.79 | 40.75 | 22.97 |
| ROCE | 17.85 | 58.04 | 44.36 | 27.62 | 17.11 |
| ROE | 14.26 | 47.26 | 36.42 | 23.32 | 15.89 |
Equity Capital: 2,448.29 Cr FV: 2.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 24,721.64 | -7,659.83 |
| LAST 3M | 80,167.53 | 39,149.62 |
| LAST 6M | 140,394.95 | 70,735.56 |
| LAST 12M | 215,454.79 | 197,509.84 |
| Date | Action Type | Ratio |
|---|---|---|
| Nov 08, 2023 | Dividend | 125 |
| Jul 14, 2023 | Dividend | 100 |
| Nov 01, 2022 | Dividend | 75 |
Birlasoft Ltd. is an Indian multinational information technology services provider belonging to the CK Birla Group. It was incorporated in 1990 with its headquarters in Pune, Maharashtra. It primarily operates in the areas of insurance, banking, media and healthcare, manufacturing and financial services. For the quarter ended June 2022, Birlasoft Ltd.’s total income was Rs 1,169.89 crore, up 4.08% from the previous quarter ended March 2022. On 8 August 2022, its market capitalisation stood at Rs 9,620 crore.
Birlasoft Ltd.’s listing code on the Bombay Stock Exchange is 532400, and on the National Stock Exchange is BSOFT. It is also listed on the MCX Stock Exchange, Hyderabad Stock Exchange, Bangalore Stock Exchange, and Cochin Stock Exchange.
Birlasoft Ltd. offers IT transformation, data, cloud, analytics, testing, and customer relationship management services to customers in India. It has a global footprint with state-of-the-art delivery centres in India and China. The company has earned recognitions and awards for achievements in IT, environmental sustainability, research and development, corporate social responsibility, and human resource management, among others. It won the CXO Cloud Leadership Award in the category for Digital Transformation using Cloud at the CXO Cloud Summit and Award 2022.
The company’s shareholding pattern on 30 June 2022 highlighted a promoter stake of 40.32%, foreign institutional investors stake of 15.24%, domestic institutional investors stake of 21.12%, and public stake of 23.19%. In the quarter ended June 2022, mutual fund holdings decreased from 19.49% to 18.24%, with the number of mutual fund schemes reducing from 23 to 21.
Mrs Amita Birla is the company’s chairman, and Mr Dharmander Kapoor is the managing director and CEO. The other members of the top management include Mr Chandrakant Birla, Mr Anant Talaulicar, Ms Alka Bharucha, Ms Nandita Gurjar, and Mr Ashok Kumar Barat. The auditors are BSR & Co. LLP.
On 8 August 2022, Birlasoft Ltd.’s share price on BSE closed at Rs 343.95. The share price on NSE closed at Rs 343.60. The company’s 52-week high share price was Rs 585.85, and the 52-week low share price was Rs 306.80.
The company’s peers include HCL Technologies Ltd., Tata Consultancy Services Ltd., Wipro Ltd., and Infosys Ltd.
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Plot 35/36 MIDC Phase-I, R Gandhi Info Park Hinjawadi, Pune, Maharashtra, 411057
| Tel | : | 91-20-66525000 |
| : | sneha.padve:birlasoft.com; grievances:birlasoft.co | |
| Website | : | http://www.birlasoft.com |
Link Intime India Pvt Ltd
| AGM Date (Month) | : | Jul |
| Face Value Equity Shares | : | 2 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 532400 |
| NSE Code | : | BSOFT |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE836A01035 |
FAQ’s on Birlasoft Ltd SharesYou can buy Birlasoft Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Birlasoft Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 18, 2024 03:59 PM the closing price of Birlasoft Ltd was ₹ 698.40.
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 Apr 18, 2024 03:59 PM, the market cap of Birlasoft Ltd stood at ₹ 19,258.31.
The latest PE ratio of Birlasoft Ltd as of Apr 18, 2024 03:59 PM is 34.6
The latest PB ratio of Birlasoft Ltd as of Apr 18, 2024 03:59 PM is 0.14
The 52-week high of Birlasoft Ltd share price is ₹ 861.85 while the 52-week low is ₹ 255.45
According to analyst recommendations, Birlasoft Ltd Share has a “Buy” rating for the long term.
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