Birla Cable Ltd

Birla Cable Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Birla Cable Ltd

₹ 271 -3.22%
25 Apr - close price
birlacable.com BSE: 500060 NSE : BIRLACABLE
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.

Website BSE NSE
  • Market Cap ₹ 812 Cr.
  • Current Price ₹ 271
  • High / Low ₹ 433 / 131
  • Stock P/E 23.9
  • Book Value ₹ 82.8
  • Dividend Yield 0.92 %
  • ROCE 18.4 %
  • ROE 16.1 %
  • Face Value ₹ 10.0
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Pros

  • Company has been maintaining a healthy dividend payout of 26.6%
  • Company's median sales growth is 47.3% of last 10 years

Cons

  • Stock is trading at 3.27 times its book value
  • Company has a low return on equity of 11.6% over last 3 years.
  • Contingent liabilities of Rs.1,925 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

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
84.85 118.96 92.67 137.78 142.81 162.19 147.86 199.34 199.70 245.30 174.10 174.71 161.97
80.77 107.12 85.20 129.55 132.52 144.74 139.66 182.45 183.77 222.76 161.62 164.72 150.71
Operating Profit 4.08 11.84 7.47 8.23 10.29 17.45 8.20 16.89 15.93 22.54 12.48 9.99 11.26
OPM % 4.81% 9.95% 8.06% 5.97% 7.21% 10.76% 5.55% 8.47% 7.98% 9.19% 7.17% 5.72% 6.95%
0.31 0.46 0.69 0.42 0.66 0.93 0.10 1.44 1.86 1.10 9.67 2.90 0.76
Interest 0.88 1.76 1.23 1.19 2.19 1.54 1.84 3.45 4.03 3.59 3.66 3.28 3.99
Depreciation 2.75 2.70 2.71 2.71 2.72 2.63 2.71 2.64 2.59 2.70 2.41 2.60 3.01
Profit before tax 0.76 7.84 4.22 4.75 6.04 14.21 3.75 12.24 11.17 17.35 16.08 7.01 5.02
Tax % 61.84% 19.26% 28.91% 22.95% 25.66% 25.62% 18.93% 25.00% 25.69% 25.30% 25.44% 24.39% 25.50%
0.29 6.33 3.01 3.66 4.49 10.58 3.05 9.18 8.30 12.96 11.98 5.30 3.74
EPS in Rs 0.10 2.11 1.00 1.22 1.50 3.53 1.02 3.06 2.77 4.32 3.99 1.77 1.25
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
75 124 291 264 250 211 325 502 223 329 535 792 756
74 113 255 235 223 198 290 423 206 303 492 728 700
Operating Profit 2 11 35 29 26 14 35 79 17 25 43 64 56
OPM % 2% 9% 12% 11% 11% 6% 11% 16% 8% 8% 8% 8% 7%
2 3 2 4 -2 3 1 3 2 2 3 4 14
Interest 5 5 9 8 7 3 4 5 7 5 6 13 15
Depreciation 4 4 5 6 7 8 8 11 12 11 11 11 11
Profit before tax -5 6 23 18 11 5 24 66 0 11 29 45 45
Tax % 1% 0% 18% 32% 20% 39% 33% 29% -240% 25% 26% 25%
-5 6 19 12 8 3 16 47 1 8 22 33 34
EPS in Rs -1.61 1.90 6.41 4.17 2.83 1.11 5.38 15.68 0.34 2.73 7.25 11.16 11.33
Dividend Payout % 0% 0% 16% 24% 35% 0% 19% 13% 0% 37% 21% 22%
Compounded Sales Growth
10 Years: 20%
5 Years: 20%
3 Years: 53%
TTM: 7%
Compounded Profit Growth
10 Years: 20%
5 Years: 16%
3 Years: 224%
TTM: 9%
Stock Price CAGR
10 Years: 25%
5 Years: 15%
3 Years: 66%
1 Year: 104%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 12%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 30 30 30 30 30 30 30 30 30 30 30 30 30
Reserves 27 32 48 57 62 66 91 142 126 138 157 200 218
29 34 48 58 67 40 45 59 75 71 82 129 153
19 44 106 73 73 73 92 110 50 77 77 103 73
Total Liabilities 105 141 232 218 232 209 258 341 281 317 346 461 475
32 30 38 41 61 55 60 67 85 79 74 83 96
CWIP 0 4 1 1 0 1 0 7 0 0 2 3 16
Investments 14 14 14 14 19 20 11 19 9 13 12 30 39
59 93 178 162 152 133 187 248 187 225 258 345 324
Total Assets 105 141 232 218 232 209 258 341 281 317 346 461 475

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-5 3 4 8 29 30 -7 17 32 -1 3 -7
1 -3 -11 -10 -20 -5 6 -25 -19 -3 -5 -24
4 1 7 1 -1 -31 1 8 0 -10 3 30
Net Cash Flow 0 1 -0 -1 7 -7 -0 -0 13 -14 0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 134 110 118 113 111 118 117 118 133 147 106 100
Inventory Days 112 120 87 82 90 115 100 73 170 106 73 60
Days Payable 97 148 152 88 112 142 118 94 79 98 56 49
Cash Conversion Cycle 149 82 54 106 89 91 99 97 224 155 122 111
Working Capital Days 161 120 79 105 96 94 101 99 184 158 121 109
ROCE % 0% 12% 29% 20% 14% 6% 19% 36% 3% 7% 14% 18%

Shareholding Pattern

Numbers in percentages

2 Recently
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.

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