Birla Cable Ltd

Birla Cable Ltd

₹ 227 -1.90%
13 Dec 4:00 p.m.
About

Incorporated in 1992, Birla Cable
Ltd manufactures and sells telecommunications cables, other types of wires & cables, etc.[1]

Key Points

Business Overview:[1]
BCL is a part of the M P Birla group and is engaged in the manufacturing and sales of all types of optical fibre cables, copper telecommunication cables, structured copper cables, specialty cables, and allied accessories

  • Market Cap 684 Cr.
  • Current Price 227
  • High / Low 340 / 198
  • Stock P/E 90.9
  • Book Value 87.4
  • Dividend Yield 0.76 %
  • ROCE 9.50 %
  • ROE 6.78 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.60 times its book value
  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.600 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 Jun 2024 Sep 2024
147.86 199.34 199.70 245.30 174.10 174.71 161.97 174.72 165.91 181.72
139.83 182.50 183.88 222.98 161.89 164.97 150.65 167.53 159.45 172.36
Operating Profit 8.03 16.84 15.82 22.32 12.21 9.74 11.32 7.19 6.46 9.36
OPM % 5.43% 8.45% 7.92% 9.10% 7.01% 5.57% 6.99% 4.12% 3.89% 5.15%
0.10 1.44 1.86 1.10 9.67 2.90 0.76 1.66 0.56 1.03
Interest 1.84 3.45 4.03 3.59 3.66 3.28 3.99 3.93 2.97 3.95
Depreciation 2.71 2.64 2.59 2.70 2.41 2.60 3.01 2.77 3.84 3.83
Profit before tax 3.58 12.19 11.06 17.13 15.81 6.76 5.08 2.15 0.21 2.61
Tax % 19.83% 25.10% 25.95% 25.63% 25.87% 25.30% 25.20% 26.05% 28.57% 23.37%
2.88 9.13 8.20 12.73 11.71 5.05 3.80 1.59 0.14 2.00
EPS in Rs 0.96 3.04 2.73 4.24 3.90 1.68 1.27 0.53 0.05 0.67
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 TTM
792 686 684
729 645 650
Operating Profit 63 40 34
OPM % 8% 6% 5%
4 15 4
Interest 13 15 15
Depreciation 11 11 13
Profit before tax 44 30 10
Tax % 25% 26%
33 22 8
EPS in Rs 10.98 7.38 2.52
Dividend Payout % 23% 24%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -14%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -80%
Stock Price CAGR
10 Years: 14%
5 Years: 33%
3 Years: 39%
1 Year: -20%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Sep 2024
Equity Capital 30 30 30
Reserves 199 221 232
129 165 148
103 42 62
Total Liabilities 461 458 472
83 117 112
CWIP 3 0 4
Investments 28 36 55
346 305 301
Total Assets 461 458 472

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 108 141
ROCE % 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 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%
0.07% 0.00% 0.40% 0.23% 0.01% 0.00% 0.04% 0.01% 0.00% 0.34% 0.03% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.21% 0.09% 0.01% 0.01% 0.01% 0.01%
33.57% 33.64% 33.24% 33.42% 33.63% 33.64% 33.40% 33.56% 33.64% 33.31% 33.61% 33.65%
No. of Shareholders 35,33339,78139,61039,32439,12238,61138,41250,77451,58750,64151,46451,549

* 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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