Birla Cable Ltd

Birla Cable Ltd

₹ 239 -0.25%
16 May - close price
About

Birla Cable Limited, incorporated in 1992, belongs to M P Birla group and is engaged in manufacturing and sales of all types of Optical Fibre Cables, Copper Telecommunication Cables, Structured Copper Cables, Specialty cables and allied accessories. [1]

Key Points

Parentage[1]
The company has a parentage of MP Birla Group which is one of the established business houses in India having various business interests like cement, jute, carbide, power cables, optical fibre cables, guar gums, power capacitors, etc. These businesses are operated through various companies such as Birla Corporation Limited, Birla Cable Limited, Hindustan Gums & Chemicals Limited and Universal Cables Ltd.

  • Market Cap 717 Cr.
  • Current Price 239
  • High / Low 433 / 160
  • Stock P/E 32.4
  • Book Value 83.7
  • Dividend Yield 1.05 %
  • ROCE 11.5 %
  • ROE 9.22 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.86 times its book value
  • Contingent liabilities of Rs.1,925 Cr.
  • Earnings include an other income of Rs.15.0 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Cables Industry: Cables - Telephone

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
147.86 199.34 199.70 245.30 174.10 174.71 161.97 174.72
139.83 182.50 183.88 222.98 161.89 164.97 150.65 167.53
Operating Profit 8.03 16.84 15.82 22.32 12.21 9.74 11.32 7.19
OPM % 5.43% 8.45% 7.92% 9.10% 7.01% 5.57% 6.99% 4.12%
0.10 1.44 1.86 1.10 9.67 2.90 0.76 1.66
Interest 1.84 3.45 4.03 3.59 3.66 3.28 3.99 3.93
Depreciation 2.71 2.64 2.59 2.70 2.41 2.60 3.01 2.77
Profit before tax 3.58 12.19 11.06 17.13 15.81 6.76 5.08 2.15
Tax % 19.83% 25.10% 25.95% 25.63% 25.87% 25.30% 25.20% 26.05%
2.88 9.13 8.20 12.73 11.71 5.05 3.80 1.59
EPS in Rs 0.96 3.04 2.73 4.24 3.90 1.68 1.27 0.53
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
792 686
729 645
Operating Profit 63 40
OPM % 8% 6%
4 15
Interest 13 15
Depreciation 11 11
Profit before tax 44 30
Tax % 25% 26%
33 22
EPS in Rs 10.98 7.38
Dividend Payout % 23% 24%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -33%
Stock Price CAGR
10 Years: 22%
5 Years: 14%
3 Years: 46%
1 Year: 47%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Equity Capital 30 30
Reserves 199 221
129 165
103 42
Total Liabilities 461 458
83 117
CWIP 3 0
Investments 28 36
346 305
Total Assets 461 458

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
-8 16
-22 -32
30 15
Net Cash Flow 0 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 100 114
Inventory Days 60 51
Days Payable 49 17
Cash Conversion Cycle 111 148
Working Capital Days 109 141
ROCE %

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35% 66.35%
0.03% 0.00% 0.07% 0.00% 0.40% 0.23% 0.01% 0.00% 0.04% 0.01% 0.00% 0.34%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.21% 0.09% 0.01% 0.01%
33.61% 33.64% 33.57% 33.64% 33.24% 33.42% 33.63% 33.64% 33.40% 33.56% 33.64% 33.31%
No. of Shareholders 40,98639,81635,33339,78139,61039,32439,12238,61138,41250,77451,58750,641

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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