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 ₹ 20,475 Cr.
- Current Price ₹ 742
- High / Low ₹ 862 / 252
- Stock P/E 36.8
- Book Value ₹ 98.8
- Dividend Yield 0.47 %
- 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
- Stock is trading at 7.51 times its book value
* 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 | 5,142 | |
1,283 | 1,903 | 2,316 | 2,666 | 2,790 | 2,971 | 1,967 | 2,244 | 2,899 | 3,026 | 3,490 | 4,273 | 4,360 | |
Operating Profit | 217 | 336 | 378 | 324 | 435 | 349 | 283 | 306 | 392 | 529 | 640 | 522 | 782 |
OPM % | 14% | 15% | 14% | 11% | 13% | 10% | 13% | 12% | 12% | 15% | 16% | 11% | 15% |
24 | 10 | 45 | 35 | 16 | 47 | 87 | 100 | 43 | 19 | 66 | 22 | 55 | |
Interest | 7 | 14 | 26 | 26 | 17 | 14 | 8 | 11 | 16 | 13 | 13 | 19 | 20 |
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 | 732 |
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 | 556 | |
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 | 20.19 | |
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: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 14% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 50% |
3 Years: | 43% |
1 Year: | 190% |
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
- Closure of Trading Window 2d
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 22 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Mar
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Mar
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 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
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Oct 2022Transcript PPT
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Nov 2019TranscriptPPT
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May 2019TranscriptPPT
Parentage
The company has a strong parentage of CK Birla group. The CK Birla Group is a diversified $2.8 billion conglomerate with over 25,000 employees, 46 manufacturing facilities, 21 service delivery locations having presence across five continents. It operates in six industry clusters: technology, automotive, home & building, infrastructure, healthcare and education. Birlasoft Limited derives financial flexibility and benefits from the strong management lineage of the Group.[1]