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 ₹ 18,010 Cr.
- Current Price ₹ 653
- High / Low ₹ 660 / 250
- Stock P/E 47.6
- Book Value ₹ 98.9
- Dividend Yield 0.54 %
- ROCE 17.2 %
- ROE 12.9 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 28.8%
Cons
* 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: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,500 | 2,239 | 2,694 | 2,990 | 3,224 | 3,320 | 2,250 | 2,551 | 3,291 | 3,556 | 4,130 | 4,795 | 5,021 | |
1,283 | 1,903 | 2,316 | 2,666 | 2,790 | 2,971 | 1,967 | 2,244 | 2,899 | 3,026 | 3,490 | 4,273 | 4,446 | |
Operating Profit | 217 | 336 | 378 | 324 | 435 | 349 | 283 | 306 | 392 | 529 | 640 | 522 | 575 |
OPM % | 14% | 15% | 14% | 11% | 13% | 10% | 13% | 12% | 12% | 15% | 16% | 11% | 11% |
24 | 10 | 45 | 35 | 16 | 47 | 87 | 100 | 43 | 19 | 66 | 22 | 40 | |
Interest | 7 | 14 | 26 | 26 | 17 | 14 | 8 | 11 | 16 | 13 | 13 | 19 | 19 |
Depreciation | 44 | 47 | 54 | 85 | 69 | 83 | 40 | 50 | 83 | 80 | 77 | 82 | 85 |
Profit before tax | 189 | 285 | 343 | 248 | 365 | 299 | 322 | 346 | 336 | 455 | 617 | 442 | 510 |
Tax % | 23% | 27% | 27% | 5% | 23% | 20% | 21% | 16% | 33% | 29% | 25% | 25% | |
148 | 208 | 249 | 237 | 281 | 239 | 254 | 292 | 224 | 321 | 464 | 332 | 378 | |
EPS in Rs | 10.32 | 12.83 | 12.05 | 14.22 | 12.08 | 12.80 | 10.56 | 8.11 | 11.57 | 16.59 | 12.06 | 13.75 | |
Dividend Payout % | 9% | 9% | 8% | 9% | 15% | 17% | 18% | 19% | 25% | 30% | 27% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 16% |
3 Years: | 13% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 14% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 38% |
3 Years: | 51% |
1 Year: | 102% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 36 | 39 | 37 | 38 | 38 | 38 | 38 | 55 | 55 | 55 | 56 | 55 | 55 |
Reserves | 677 | 998 | 1,238 | 1,259 | 1,348 | 1,545 | 1,779 | 1,659 | 1,837 | 2,124 | 2,527 | 2,393 | 2,670 |
222 | 363 | 495 | 505 | 250 | 387 | 310 | 38 | 145 | 128 | 123 | 102 | 86 | |
401 | 384 | 375 | 473 | 547 | 559 | 606 | 746 | 650 | 686 | 677 | 637 | 740 | |
Total Liabilities | 1,336 | 1,783 | 2,145 | 2,274 | 2,183 | 2,528 | 2,733 | 2,498 | 2,687 | 2,994 | 3,383 | 3,187 | 3,550 |
529 | 619 | 813 | 730 | 630 | 671 | 829 | 588 | 751 | 698 | 725 | 736 | 702 | |
CWIP | 18 | 24 | 2 | 12 | 36 | 138 | 32 | 0 | 2 | 7 | 3 | 6 | 10 |
Investments | 58 | 215 | 186 | 82 | 12 | 79 | 129 | 191 | 33 | 571 | 840 | 563 | 964 |
730 | 925 | 1,144 | 1,451 | 1,505 | 1,641 | 1,743 | 1,719 | 1,901 | 1,719 | 1,816 | 1,882 | 1,874 | |
Total Assets | 1,336 | 1,783 | 2,145 | 2,274 | 2,183 | 2,528 | 2,733 | 2,498 | 2,687 | 2,994 | 3,383 | 3,187 | 3,550 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
100 | 120 | 103 | 289 | 410 | 163 | 407 | -72 | 310 | 558 | 281 | 561 | |
-270 | -350 | -190 | -102 | -146 | -150 | -193 | 123 | -42 | -444 | -309 | 252 | |
108 | 272 | 79 | -40 | -307 | 80 | -128 | -116 | -180 | -97 | -147 | -636 | |
Net Cash Flow | -61 | 43 | -8 | 147 | -42 | 93 | 86 | -64 | 88 | 17 | -176 | 176 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 107 | 76 | 91 | 85 | 78 | 86 | 131 | 102 | 82 | 53 | 60 | 56 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 107 | 76 | 91 | 85 | 78 | 86 | 131 | 102 | 82 | 53 | 60 | 56 |
Working Capital Days | 45 | 36 | 57 | 49 | 41 | 49 | 78 | 61 | 49 | 41 | 56 | 41 |
ROCE % | 24% | 25% | 22% | 15% | 23% | 16% | 16% | 17% | 18% | 22% | 25% | 17% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1 Dec
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1 Dec
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Announcement under Regulation 30 (LODR)-Credit Rating
29 Nov - CARE Ratings Limited has reaffirmed the ratings of bank facilities of Birlasoft Limited, the details are given in the attached intimation
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 29 Nov
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 15 Nov
Annual reports
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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 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
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Financial Year 2011
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Financial Year 2010
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Concalls
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Nov 2023Transcript PPT
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Oct 2022Transcript PPT
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Aug 2019TranscriptPPT
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Services
Digital Services (32% of Revenues) - Data Analytics, Connected Products, Intelligent Automation, Cloud Blockchain.
Enterprise Technologies and Services (45% of Revenues) - Oracle and JD Edwards, SAP, Infor, Microsoft. [1] [2]