Birlasoft Ltd
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]
- Market Cap ₹ 10,317 Cr.
- Current Price ₹ 370
- High / Low ₹ 624 / 330
- Stock P/E 45.5
- Book Value ₹ 59.2
- Dividend Yield 1.75 %
- ROCE 23.5 %
- ROE 18.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 56.2%
Cons
- Earnings include an other income of Rs.138 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 930 | 1,246 | 1,262 | 1,320 | 809 | 1,002 | 1,462 | 1,641 | 2,049 | 2,417 | 2,645 | 2,658 | 2,563 | |
| 682 | 1,006 | 971 | 1,058 | 678 | 837 | 1,193 | 1,285 | 1,647 | 2,098 | 2,263 | 2,325 | 2,323 | |
| Operating Profit | 248 | 240 | 291 | 262 | 131 | 165 | 270 | 356 | 402 | 320 | 381 | 333 | 240 |
| OPM % | 27% | 19% | 23% | 20% | 16% | 16% | 18% | 22% | 20% | 13% | 14% | 13% | 9% |
| 29 | 23 | 28 | 16 | 116 | 87 | 35 | 12 | 74 | 33 | 98 | 137 | 138 | |
| Interest | 20 | 22 | 11 | 9 | 4 | 5 | 12 | 10 | 11 | 10 | 7 | 9 | 10 |
| Depreciation | 40 | 69 | 58 | 71 | 35 | 39 | 69 | 70 | 69 | 76 | 76 | 73 | 73 |
| Profit before tax | 218 | 171 | 249 | 198 | 209 | 207 | 223 | 287 | 397 | 267 | 396 | 388 | 295 |
| 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 | 227 | |
| 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 | 8.18 |
| 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: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 16% |
| 3 Years: | 0% |
| TTM: | -37% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 15% |
| 3 Years: | 11% |
| 1 Year: | -34% |
| 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 | 188 | |
| CWIP | 2 | 11 | 33 | 126 | 29 | 0 | 2 | 7 | 3 | 6 | 8 | 20 |
| 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 | -19 | 5 | 86 | 64 | 79 | 85 | 53 | 6 | 21 | -1 | 3 | 6 |
| ROCE % | 17% | 13% | 18% | 13% | 12% | 13% | 18% | 21% | 25% | 18% | 28% | 24% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 Oct - Birlasoft Q2FY26 Earnings Conference Call on November 6, 2025
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Oct - Newspaper Publication - Postal Ballot Notice and E-voting Information
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Corporate Action - Fixes Record Date For Interim Dividend
29 Oct - Board meeting Nov 6, 2025 to approve Q2/H1 results; record date Nov 14, 2025; interim dividend considered.
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Board Meeting Intimation for A) The Unaudited Financial Results (Standalone And Consolidated) Of The Company, For The Quarter And Half-Year Ended September 30, 2025; And
B) Declaration Of Interim Dividend For The Financial Year 2025 26.
29 Oct - Board meeting Nov 6, 2025 to approve Q2/H1 results; Record Date Nov 14, 2025 for interim dividend.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
28 Oct - Re-appointment of Angan Guha as CEO & MD from Dec 1, 2025 for two years; salary ₹3.06–3.52 Cr, PSUs.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
Concalls
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Oct 2024Transcript PPT
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Nov 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2021TranscriptPPT
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May 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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May 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
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May 2019TranscriptPPT
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]