Birlasoft Ltd

Birlasoft Ltd

₹ 431 0.53%
11 Jun - close price
About

Birlasoft is engaged in Computer programming, consultancy, and related activities. It provides software development and IT consulting to its customers predominantly in Banking, Financial Services, and Insurance, Life Sciences and Services, Energy Resources and Utilities, and Manufacturing. The Company’s registered office is in Pune. It is part of The CK Birla Group, Birlasoft, comprising over 10,000 plus professionals. [1] [2]

Key Points

Parentage
Birlasoft is a part of the CK Birla Group, a diversified 3 Bn$ conglomerate with a global workforce of over 35,000 employees and operating 52 manufacturing facilities worldwide. The Group operates across diverse sectors, including technology, automotive, home and building, healthcare and education. [1]

  • Market Cap 11,979 Cr.
  • Current Price 431
  • High / Low 760 / 330
  • Stock P/E 40.1
  • Book Value 59.2
  • Dividend Yield 1.51 %
  • ROCE 24.2 %
  • ROE 19.2 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 56.2%

Cons

  • Stock is trading at 7.27 times its book value
  • Earnings include an other income of Rs.137 Cr.
  • Working capital days have increased from 35.3 days to 95.5 days

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
557 563 612 617 624 623 647 693 682 721 644 660 632
456 463 523 547 566 547 553 576 587 584 579 582 580
Operating Profit 102 101 90 70 58 76 93 117 95 138 65 78 52
OPM % 18% 18% 15% 11% 9% 12% 14% 17% 14% 19% 10% 12% 8%
23 23 -2 16 -3 9 50 21 18 24 23 18 72
Interest 3 2 3 3 2 2 2 2 1 1 3 3 2
Depreciation 18 18 19 20 19 20 20 19 18 18 19 18 18
Profit before tax 104 103 66 64 34 63 122 117 94 143 66 76 104
Tax % 25% 25% 24% 26% 24% 25% 20% 27% 27% 24% 22% 23% 23%
78 77 50 47 26 47 97 86 69 108 52 58 80
EPS in Rs 2.79 2.75 1.84 1.73 0.95 1.71 3.51 3.12 2.50 3.93 1.88 2.09 2.89
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
930 1,246 1,262 1,320 809 1,002 1,462 1,641 2,049 2,417 2,645 2,658
682 1,006 971 1,058 678 837 1,193 1,285 1,647 2,098 2,263 2,325
Operating Profit 248 240 291 262 131 165 270 356 402 320 381 333
OPM % 27% 19% 23% 20% 16% 16% 18% 22% 20% 13% 14% 13%
29 23 28 16 116 87 35 12 74 33 98 137
Interest 20 22 11 9 4 5 12 10 11 10 7 9
Depreciation 40 69 58 71 35 39 69 70 69 76 76 73
Profit before tax 218 171 249 198 209 207 223 287 397 267 396 388
Tax % 22% 11% 19% 15% 15% 19% 37% 33% 25% 25% 25% 23%
170 152 203 169 178 168 141 194 296 200 299 299
EPS in Rs 8.74 7.73 10.29 8.57 8.99 6.12 5.09 6.98 10.59 7.29 10.83 10.74
Dividend Payout % 12% 14% 20% 24% 26% 33% 39% 50% 42% 48% 60% 60%
Compounded Sales Growth
10 Years: 8%
5 Years: 13%
3 Years: 9%
TTM: 1%
Compounded Profit Growth
10 Years: 7%
5 Years: 17%
3 Years: 1%
TTM: 2%
Stock Price CAGR
10 Years: 21%
5 Years: 40%
3 Years: 6%
1 Year: -36%
Return on Equity
10 Years: 16%
5 Years: 18%
3 Years: 18%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 37 38 38 38 38 55 55 55 56 55 55 56
Reserves 1,008 1,006 1,182 1,337 1,466 1,129 1,156 1,338 1,533 1,166 1,413 1,591
411 444 255 353 283 38 128 110 107 89 48 111
199 222 217 193 315 441 333 330 312 310 501 407
Total Liabilities 1,655 1,710 1,691 1,920 2,101 1,664 1,673 1,833 2,008 1,620 2,018 2,164
180 195 229 235 363 155 273 228 248 229 151 206
CWIP 2 11 33 126 29 0 2 7 3 6 8 2
Investments 815 553 516 632 709 557 399 937 1,135 751 1,221 1,286
657 951 913 927 999 952 997 661 623 634 637 670
Total Assets 1,655 1,710 1,691 1,920 2,101 1,664 1,673 1,833 2,008 1,620 2,018 2,164

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
68 210 360 126 266 29 265 554 267 377 359 246
-172 -93 -123 -154 -135 87 -45 -444 -233 389 -348 -41
90 -26 -270 50 -117 -197 -169 -88 -139 -624 -150 -193
Net Cash Flow -14 90 -34 22 14 -80 52 22 -105 142 -140 13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 140 137 106 138 247 136 98 47 48 28 49 35
Inventory Days 90
Days Payable 296
Cash Conversion Cycle 140 -69 106 138 247 136 98 47 48 28 49 35
Working Capital Days 93 107 102 116 162 99 59 11 26 4 6 95
ROCE % 17% 13% 18% 13% 12% 13% 18% 21% 25% 18% 28% 24%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
40.32% 41.48% 41.31% 41.08% 41.03% 40.97% 40.95% 40.92% 40.90% 40.86% 40.82% 40.63%
15.24% 12.95% 12.40% 11.47% 11.31% 17.57% 21.25% 23.48% 18.82% 11.71% 11.05% 11.68%
21.12% 19.87% 20.10% 21.20% 24.49% 22.40% 20.16% 18.61% 20.89% 24.26% 24.63% 24.53%
23.19% 25.61% 26.10% 26.18% 23.10% 19.03% 17.60% 16.96% 19.37% 23.15% 23.49% 23.15%
0.13% 0.10% 0.09% 0.08% 0.06% 0.04% 0.03% 0.02% 0.01% 0.01% 0.01% 0.01%
No. of Shareholders 3,43,0123,71,1283,83,0173,80,1063,64,0883,18,3483,20,1553,38,3883,82,5224,45,8144,50,6124,49,493

* 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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