Birla Corporation Ltd.
•₹ 889.25-0.25%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.33x)
- Operating margins have improved to 13.5% from 9.4%
- Stock looks reasonably valued - P/E of 12.3 is below its historical median
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- Recent results are weak - TTM profit is down 26.4% versus prior year
- Company has a low return on equity of 7.3% over last 3 years
- Company has a low return on capital employed of 9.5%
- Company has delivered a poor profit growth of -2.4% over past five years
- Recurring exceptional / one-off items are inflating headline profit
- Company has delivered a poor sales growth of 7.3% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ULTRACEMCO | 11460.00 | 39.55 | 337702.33 | 2.09 | 2603.72 | 17.24 | 24648.20 | 15.85 | 13.25 | 20.35 |
| 2. | AMBUJACEM | 406.00 | 23.05 | 100883.58 | 0.49 | 660.00 | -31.93 | 9500.00 | -7.67 | 6.24 | 16.78 |
| 3. | SHREECEM | 24360.00 | 53.92 | 87892.70 | 0.62 | 531.12 | -17.48 | 6233.13 | 18.03 | 10.61 | 20.41 |
| 4. | JKCEMENT | 5280.65 | 43.15 | 40802.66 | 0.38 | 274.62 | -15.31 | 4031.72 | 20.26 | 14.89 | 16.07 |
| 5. | DALBHARAT | 1875.00 | 37.69 | 35168.62 | 0.48 | 192.00 | -51.39 | 3890.00 | 6.99 | 8.15 | 20.69 |
| 6. | ACC | 1289.40 | 12.69 | 24213.29 | 0.58 | 147.00 | -60.84 | 5808.00 | -4.59 | 11.60 | 7.90 |
| 7. | RAMCOCEM | 900.85 | 33.01 | 21286.40 | 0.28 | 31.24 | -63.06 | 2273.05 | 9.60 | 10.75 | 13.49 |
| 8. | JSWCEMENT | 123.95 | 22.22 | 16898.91 | 0.40 | 153.43 | 111.23 | 1896.41 | 21.58 | -4.21 | 16.41 |
| 9. | NUVOCO | 318.90 | 29.51 | 11389.71 | 0.00 | 159.63 | 19.88 | 3128.71 | 8.91 | 7.11 | 18.16 |
| 10. | INDIACEM | 366.40 | 122.77 | 11354.63 | 0.00 | 26.85 | 120.20 | 1019.42 | -0.52 | 0.30 | 15.28 |
| 11. | STARCEMENT | 194.00 | 21.21 | 7841.10 | 0.52 | 73.91 | -24.71 | 942.89 | 3.39 | 8.42 | 20.63 |
| 12. | BIRLACORPN | 884.15 | 12.30 | 6808.43 | 1.41 | 115.73 | -3.21 | 2646.45 | 7.83 | 10.88 | 12.93 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,407 | 2,284 | 2,310 | 2,654 | 2,190 | 1,953 | 2,257 | 2,815 | 2,454 | 2,207 | 2,159 | 2,836 | 2,646 | |
| 2,109 | 1,995 | 1,932 | 2,182 | 1,932 | 1,775 | 2,009 | 2,281 | 2,107 | 1,902 | 1,866 | 2,326 | 2,514 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 16 | 27 | 16 | 26 | 17 | 17 | 15 | 48 | 32 | 27 | 19 | 39 | 23 |
| Interest | 97 | 95 | 97 | 82 | 86 | 85 | 83 | 73 | 71 | 67 | 65 | 62 | 67 |
| Depreciation | 140 | 143 | 145 | 150 | 146 | 145 | 139 | 142 | 131 | 134 | 133 | 134 | 142 |
| 76 | 77 | 153 | 273 | 44 | -36 | 41 | 328 | 177 | 131 | 80 | 380 | 156 | |
| Tax % | 21.72% | 24.31% | 28.89% | 29.20% | 25.86% | 29.42% | 24.55% | 21.82% | 32.59% | 30.90% | 33.82% | 22.53% | 25.67% |
| Net Profit | 0 | 0 | 0 | 0 | 33 | -25 | 31 | 257 | 120 | 90 | 53 | 295 | 116 |
| 8 | 8 | 14 | 25 | 4 | -3 | 4 | 33 | 16 | 12 | 7 | 38 | 2 | |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 2,407
- 2,109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 97
- Depreciation
- 140
- 76
- Tax %
- 21.72%
- Net Profit
- 0
- 8
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 2,284
- 1,995
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 95
- Depreciation
- 143
- 77
- Tax %
- 24.31%
- Net Profit
- 0
- 8
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 2,310
- 1,932
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 97
- Depreciation
- 145
- 153
- Tax %
- 28.89%
- Net Profit
- 0
- 14
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 2,654
- 2,182
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 82
- Depreciation
- 150
- 273
- Tax %
- 29.20%
- Net Profit
- 0
- 25
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,190
- 1,932
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 86
- Depreciation
- 146
- 44
- Tax %
- 25.86%
- Net Profit
- 33
- 4
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,953
- 1,775
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 85
- Depreciation
- 145
- -36
- Tax %
- 29.42%
- Net Profit
- -25
- -3
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,257
- 2,009
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 83
- Depreciation
- 139
- 41
- Tax %
- 24.55%
- Net Profit
- 31
- 4
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 2,815
- 2,281
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 73
- Depreciation
- 142
- 328
- Tax %
- 21.82%
- Net Profit
- 257
- 33
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2,454
- 2,107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 71
- Depreciation
- 131
- 177
- Tax %
- 32.59%
- Net Profit
- 120
- 16
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 2,207
- 1,902
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 67
- Depreciation
- 134
- 131
- Tax %
- 30.90%
- Net Profit
- 90
- 12
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,159
- 1,866
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 65
- Depreciation
- 133
- 80
- Tax %
- 33.82%
- Net Profit
- 53
- 7
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,836
- 2,326
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 62
- Depreciation
- 134
- 380
- Tax %
- 22.53%
- Net Profit
- 295
- 38
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,646
- 2,514
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 67
- Depreciation
- 142
- 156
- Tax %
- 25.67%
- Net Profit
- 116
- 2
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,348 | 5,730 | 6,549 | 6,916 | 6,785 | 7,461 | 8,682 | 9,656 | 9,214 | 9,656 | 9,848 | |
| 3,725 | 4,922 | 5,600 | 5,580 | 5,448 | 6,354 | 7,910 | 8,219 | 7,997 | 8,201 | 8,607 | |
| Operating Profit | 769 | 882 | 1,027 | 1,421 | 1,437 | 1,209 | 885 | 1,523 | 1,315 | 1,571 | — |
| OPM % | 18 | 15 | 16 | 21 | 21 | 16 | 10 | 16 | 14 | 16 | — |
| Other Income | 147 | 74 | 78 | 85 | 100 | 101 | 113 | 86 | 98 | 117 | 108 |
| Interest | 277 | 378 | 371 | 388 | 296 | 243 | 339 | 372 | 327 | 264 | 261 |
| Depreciation | 256 | 332 | 339 | 352 | 371 | 397 | 510 | 578 | 572 | 532 | 544 |
| 230 | 160 | 317 | 682 | 713 | 538 | 43 | 580 | 378 | 769 | 747 | |
| Tax % | 5 | 4 | 19 | 26 | 12 | 26 | 6 | 27 | 22 | 27 | 26 |
| Net Profit | 219 | 154 | 256 | 505 | 630 | 399 | 40 | 421 | 295 | 558 | 554 |
| EPS | 28 | 20 | 33 | 66 | 82 | 52 | 5 | 55 | 38 | 72 | — |
| Dividend Payout % | 23 | 33 | 23 | 11 | 12 | 19 | 48 | 18 | 26 | 17 | — |
| Minority Interest | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 28 | 20 | 33 | 66 | 82 | 52 | 5 | 55 | 38 | 72 | — |
| Minority Interest | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 28 | 20 | 33 | 66 | 82 | 52 | 5 | 55 | 38 | 72 | — |
Mar 2017
- 4,348
- 3,725
- Operating Profit
- 769
- OPM %
- 18
- Other Income
- 147
- Interest
- 277
- Depreciation
- 256
- 230
- Tax %
- 5
- Net Profit
- 219
- EPS
- 28
- Dividend Payout %
- 23
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2018
- 5,730
- 4,922
- Operating Profit
- 882
- OPM %
- 15
- Other Income
- 74
- Interest
- 378
- Depreciation
- 332
- 160
- Tax %
- 4
- Net Profit
- 154
- EPS
- 20
- Dividend Payout %
- 33
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2019
- 6,549
- 5,600
- Operating Profit
- 1,027
- OPM %
- 16
- Other Income
- 78
- Interest
- 371
- Depreciation
- 339
- 317
- Tax %
- 19
- Net Profit
- 256
- EPS
- 33
- Dividend Payout %
- 23
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 33
Mar 2020
- 6,916
- 5,580
- Operating Profit
- 1,421
- OPM %
- 21
- Other Income
- 85
- Interest
- 388
- Depreciation
- 352
- 682
- Tax %
- 26
- Net Profit
- 505
- EPS
- 66
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 66
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 66
Mar 2021
- 6,785
- 5,448
- Operating Profit
- 1,437
- OPM %
- 21
- Other Income
- 100
- Interest
- 296
- Depreciation
- 371
- 713
- Tax %
- 12
- Net Profit
- 630
- EPS
- 82
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 82
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 82
Mar 2022
- 7,461
- 6,354
- Operating Profit
- 1,209
- OPM %
- 16
- Other Income
- 101
- Interest
- 243
- Depreciation
- 397
- 538
- Tax %
- 26
- Net Profit
- 399
- EPS
- 52
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
Mar 2023
- 8,682
- 7,910
- Operating Profit
- 885
- OPM %
- 10
- Other Income
- 113
- Interest
- 339
- Depreciation
- 510
- 43
- Tax %
- 6
- Net Profit
- 40
- EPS
- 5
- Dividend Payout %
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 9,656
- 8,219
- Operating Profit
- 1,523
- OPM %
- 16
- Other Income
- 86
- Interest
- 372
- Depreciation
- 578
- 580
- Tax %
- 27
- Net Profit
- 421
- EPS
- 55
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 55
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 55
Mar 2025
- 9,214
- 7,997
- Operating Profit
- 1,315
- OPM %
- 14
- Other Income
- 98
- Interest
- 327
- Depreciation
- 572
- 378
- Tax %
- 22
- Net Profit
- 295
- EPS
- 38
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
Mar 2026
- 9,656
- 8,201
- Operating Profit
- 1,571
- OPM %
- 16
- Other Income
- 117
- Interest
- 264
- Depreciation
- 532
- 769
- Tax %
- 27
- Net Profit
- 558
- EPS
- 72
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 72
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 72
TTM
- 9,848
- 8,607
- Operating Profit
- —
- OPM %
- —
- Other Income
- 108
- Interest
- 261
- Depreciation
- 544
- 747
- Tax %
- 26
- Net Profit
- 554
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 7%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 13%
- 5 Years:
- -2%
- 3 Years:
- 140%
STOCK PRICE CAGR
- 10 Years:
- 3%
- 5 Years:
- -7%
- 3 Years:
- -8%
- 1 Year:
- -30%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 6%
- 3 Years:
- 7%
- Last Year:
- 9%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| 3,209 | 4,203 | 4,418 | 4,729 | 5,409 | 5,972 | 5,904 | 6,597 | 6,938 | 7,288 | |
| 186 | 301 | 426 | 613 | 442 | 417 | 511 | 146 | 135 | 188 | |
| Trade Payables | 368 | 511 | 627 | 523 | 589 | 762 | 920 | 868 | 872 | 898 |
| 5,857 | 5,983 | 5,783 | 6,234 | 6,379 | 6,624 | 6,660 | 6,748 | 6,308 | 6,059 | |
| Total Liabilities | 9,698 | 11,075 | 11,332 | 12,175 | 12,896 | 13,853 | 14,072 | 14,436 | 14,331 | 14,510 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 6,363 | 7,369 | 7,264 | 7,325 | 7,323 | 7,576 | 9,842 | 9,789 | 9,534 | 9,557 | |
| Capital Work in Progress | 803 | 760 | 912 | 1,602 | 2,103 | 2,549 | 357 | 480 | 560 | 471 |
| 564 | 672 | 877 | 836 | 752 | 1,009 | 867 | 1,287 | 1,452 | 1,646 | |
| 630 | 687 | 783 | 788 | 810 | 820 | 1,062 | 965 | 967 | 1,104 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 415 | 339 | 317 | |
| Cash & Bank | 312 | 220 | 139 | 99 | 177 | 138 | 218 | 159 | 126 | 135 |
| 1,025 | 1,367 | 1,357 | 1,525 | 1,729 | 1,760 | 1,726 | 1,341 | 1,352 | 1,281 | |
| Total Assets | 9,698 | 11,075 | 11,332 | 12,175 | 12,896 | 13,853 | 14,072 | 14,436 | 14,331 | 14,510 |
| Total Debt | 4,255 | 4,130 | 4,049 | 4,282 | 4,046 | 4,208 | 4,350 | 3,770 | 3,363 | 3,275 |
| Net Working Capital | 849 | 862 | 719 | 592 | 642 | 730 | 685 | 463 | 245 | 688 |
| Contingent Liabilities | 359 | 426 | 424 | 424 | 450 | 442 | 383 | 517 | 544 | 492 |
| Book Value per Share | 426.76 | 449.18 | 477.06 | 517.29 | 605.39 | 662.69 | 656.98 | 745.75 | 779.42 | 824.41 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 4,255 | 4,130 | 4,049 | 4,282 | 4,046 | 4,208 | 4,350 | 3,770 | 3,363 | 3,275 |
| Net Working Capital | 849 | 862 | 719 | 592 | 642 | 730 | 685 | 463 | 245 | 688 |
| Contingent Liabilities | 359 | 426 | 424 | 424 | 450 | 442 | 383 | 517 | 544 | 492 |
| Book Value per Share | 426.76 | 449.18 | 477.06 | 517.29 | 605.39 | 662.69 | 656.98 | 745.75 | 779.42 | 824.41 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 77
- 3,209
- 186
- Trade Payables
- 368
- 5,857
- Total Liabilities
- 9,698
- 6,363
- Capital Work in Progress
- 803
- 564
- 630
- 0
- Cash & Bank
- 312
- 1,025
- Total Assets
- 9,698
- Total Debt
- 4,255
- Net Working Capital
- 849
- Contingent Liabilities
- 359
- Book Value per Share
- 426.76
- Face Value
- 10.00
- Total Debt
- 4,255
- Net Working Capital
- 849
- Contingent Liabilities
- 359
- Book Value per Share
- 426.76
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 77
- 4,203
- 301
- Trade Payables
- 511
- 5,983
- Total Liabilities
- 11,075
- 7,369
- Capital Work in Progress
- 760
- 672
- 687
- 0
- Cash & Bank
- 220
- 1,367
- Total Assets
- 11,075
- Total Debt
- 4,130
- Net Working Capital
- 862
- Contingent Liabilities
- 426
- Book Value per Share
- 449.18
- Face Value
- 10.00
- Total Debt
- 4,130
- Net Working Capital
- 862
- Contingent Liabilities
- 426
- Book Value per Share
- 449.18
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 77
- 4,418
- 426
- Trade Payables
- 627
- 5,783
- Total Liabilities
- 11,332
- 7,264
- Capital Work in Progress
- 912
- 877
- 783
- 0
- Cash & Bank
- 139
- 1,357
- Total Assets
- 11,332
- Total Debt
- 4,049
- Net Working Capital
- 719
- Contingent Liabilities
- 424
- Book Value per Share
- 477.06
- Face Value
- 10.00
- Total Debt
- 4,049
- Net Working Capital
- 719
- Contingent Liabilities
- 424
- Book Value per Share
- 477.06
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 77
- 4,729
- 613
- Trade Payables
- 523
- 6,234
- Total Liabilities
- 12,175
- 7,325
- Capital Work in Progress
- 1,602
- 836
- 788
- 0
- Cash & Bank
- 99
- 1,525
- Total Assets
- 12,175
- Total Debt
- 4,282
- Net Working Capital
- 592
- Contingent Liabilities
- 424
- Book Value per Share
- 517.29
- Face Value
- 10.00
- Total Debt
- 4,282
- Net Working Capital
- 592
- Contingent Liabilities
- 424
- Book Value per Share
- 517.29
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 77
- 5,409
- 442
- Trade Payables
- 589
- 6,379
- Total Liabilities
- 12,896
- 7,323
- Capital Work in Progress
- 2,103
- 752
- 810
- 0
- Cash & Bank
- 177
- 1,729
- Total Assets
- 12,896
- Total Debt
- 4,046
- Net Working Capital
- 642
- Contingent Liabilities
- 450
- Book Value per Share
- 605.39
- Face Value
- 10.00
- Total Debt
- 4,046
- Net Working Capital
- 642
- Contingent Liabilities
- 450
- Book Value per Share
- 605.39
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 77
- 5,972
- 417
- Trade Payables
- 762
- 6,624
- Total Liabilities
- 13,853
- 7,576
- Capital Work in Progress
- 2,549
- 1,009
- 820
- 0
- Cash & Bank
- 138
- 1,760
- Total Assets
- 13,853
- Total Debt
- 4,208
- Net Working Capital
- 730
- Contingent Liabilities
- 442
- Book Value per Share
- 662.69
- Face Value
- 10.00
- Total Debt
- 4,208
- Net Working Capital
- 730
- Contingent Liabilities
- 442
- Book Value per Share
- 662.69
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 77
- 5,904
- 511
- Trade Payables
- 920
- 6,660
- Total Liabilities
- 14,072
- 9,842
- Capital Work in Progress
- 357
- 867
- 1,062
- 0
- Cash & Bank
- 218
- 1,726
- Total Assets
- 14,072
- Total Debt
- 4,350
- Net Working Capital
- 685
- Contingent Liabilities
- 383
- Book Value per Share
- 656.98
- Face Value
- 10.00
- Total Debt
- 4,350
- Net Working Capital
- 685
- Contingent Liabilities
- 383
- Book Value per Share
- 656.98
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 77
- 6,597
- 146
- Trade Payables
- 868
- 6,748
- Total Liabilities
- 14,436
- 9,789
- Capital Work in Progress
- 480
- 1,287
- 965
- 415
- Cash & Bank
- 159
- 1,341
- Total Assets
- 14,436
- Total Debt
- 3,770
- Net Working Capital
- 463
- Contingent Liabilities
- 517
- Book Value per Share
- 745.75
- Face Value
- 10.00
- Total Debt
- 3,770
- Net Working Capital
- 463
- Contingent Liabilities
- 517
- Book Value per Share
- 745.75
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 77
- 6,938
- 135
- Trade Payables
- 872
- 6,308
- Total Liabilities
- 14,331
- 9,534
- Capital Work in Progress
- 560
- 1,452
- 967
- 339
- Cash & Bank
- 126
- 1,352
- Total Assets
- 14,331
- Total Debt
- 3,363
- Net Working Capital
- 245
- Contingent Liabilities
- 544
- Book Value per Share
- 779.42
- Face Value
- 10.00
- Total Debt
- 3,363
- Net Working Capital
- 245
- Contingent Liabilities
- 544
- Book Value per Share
- 779.42
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 77
- 7,288
- 188
- Trade Payables
- 898
- 6,059
- Total Liabilities
- 14,510
- 9,557
- Capital Work in Progress
- 471
- 1,646
- 1,104
- 317
- Cash & Bank
- 135
- 1,281
- Total Assets
- 14,510
- Total Debt
- 3,275
- Net Working Capital
- 688
- Contingent Liabilities
- 492
- Book Value per Share
- 824.41
- Face Value
- 10.00
- Total Debt
- 3,275
- Net Working Capital
- 688
- Contingent Liabilities
- 492
- Book Value per Share
- 824.41
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 677 | 805 | 1,064 | 1,341 | 1,328 | 1,039 | 805 | 1,620 | 1,669 | 950 | |
| Cash from Investing | -982 | -234 | -543 | -1,184 | -582 | -775 | -365 | -700 | -886 | -496 |
| Cash from Financing | 280 | -555 | -535 | -201 | -702 | -270 | -318 | -970 | -823 | -443 |
| -24 | 15 | -14 | -44 | 45 | -6 | 122 | -50 | -39 | 12 | |
| Free Cash Flow | -4,647 | -489 | 679 | 248 | 459 | -53 | 233 | 990 | 1,284 | 511 |
| OCF / Net Profit | 3.09 | 5.23 | 4.16 | 2.65 | 2.11 | 2.61 | 19.89 | 3.85 | 5.66 | 1.70 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -3,750 | 844 | 1,566 | 1,878 | 2,914 | 2,965 |
| OCF / Net Profit | 3.09 | 5.23 | 4.16 | 2.65 | 2.11 | 2.61 | 19.89 | 3.85 | 5.66 | 1.70 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -3,750 | 844 | 1,566 | 1,878 | 2,914 | 2,965 |
Mar 2017
- 677
- Cash from Investing
- -982
- Cash from Financing
- 280
- -24
- Free Cash Flow
- -4,647
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 0
Mar 2018
- 805
- Cash from Investing
- -234
- Cash from Financing
- -555
- 15
- Free Cash Flow
- -489
- OCF / Net Profit
- 5.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.23
- Cumulative 5-Year FCF
- 0
Mar 2019
- 1,064
- Cash from Investing
- -543
- Cash from Financing
- -535
- -14
- Free Cash Flow
- 679
- OCF / Net Profit
- 4.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.16
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1,341
- Cash from Investing
- -1,184
- Cash from Financing
- -201
- -44
- Free Cash Flow
- 248
- OCF / Net Profit
- 2.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.65
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1,328
- Cash from Investing
- -582
- Cash from Financing
- -702
- 45
- Free Cash Flow
- 459
- OCF / Net Profit
- 2.11
- Cumulative 5-Year FCF
- -3,750
- OCF / Net Profit
- 2.11
- Cumulative 5-Year FCF
- -3,750
Mar 2022
- 1,039
- Cash from Investing
- -775
- Cash from Financing
- -270
- -6
- Free Cash Flow
- -53
- OCF / Net Profit
- 2.61
- Cumulative 5-Year FCF
- 844
- OCF / Net Profit
- 2.61
- Cumulative 5-Year FCF
- 844
Mar 2023
- 805
- Cash from Investing
- -365
- Cash from Financing
- -318
- 122
- Free Cash Flow
- 233
- OCF / Net Profit
- 19.89
- Cumulative 5-Year FCF
- 1,566
- OCF / Net Profit
- 19.89
- Cumulative 5-Year FCF
- 1,566
Mar 2024
- 1,620
- Cash from Investing
- -700
- Cash from Financing
- -970
- -50
- Free Cash Flow
- 990
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 1,878
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 1,878
Mar 2025
- 1,669
- Cash from Investing
- -886
- Cash from Financing
- -823
- -39
- Free Cash Flow
- 1,284
- OCF / Net Profit
- 5.66
- Cumulative 5-Year FCF
- 2,914
- OCF / Net Profit
- 5.66
- Cumulative 5-Year FCF
- 2,914
Mar 2026
- 950
- Cash from Investing
- -496
- Cash from Financing
- -443
- 12
- Free Cash Flow
- 511
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 2,965
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 2,965
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 28.50 | 19.99 | 33.20 | 65.60 | 81.83 | 51.76 | 5.26 | 54.61 | 38.34 | 72.40 |
| Book Value (₹) | 426.76 | 449.18 | 477.06 | 517.29 | 605.39 | 662.69 | 656.98 | 745.75 | 779.42 | 824.41 |
| Dividend per Share (₹) | 6.50 | 6.50 | 7.50 | 7.50 | 10.00 | 10.00 | 2.50 | 10.00 | 10.00 | 12.50 |
| Cash EPS (₹) | 61.68 | 63.12 | 77.24 | 111.30 | 129.97 | 103.30 | 71.47 | 129.71 | 112.59 | 141.46 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.45% | 14.04% | 14.73% | 19.13% | 19.77% | 15.06% | 9.43% | 13.69% | 11.98% | 13.48% |
| Net Margin % | 4.41% | 2.45% | 3.67% | 6.80% | 8.67% | 4.97% | 0.43% | 4.01% | 2.91% | 5.17% |
| ROE % | 7.07% | 4.56% | 7.17% | 13.19% | 14.58% | 8.16% | 0.80% | 7.79% | 5.03% | 9.03% |
| ROCE % | 8.63% | 7.10% | 8.99% | 13.37% | 11.89% | 8.66% | 4.08% | 10.06% | 7.47% | 10.88% |
| 2.94% | 1.48% | 2.28% | 4.30% | 5.03% | 2.98% | 0.29% | 2.95% | 2.05% | 3.87% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 8 | 9 | 12 | 13 | 13 | 13 | 12 | 13 | 14 | 11 |
| Inventory Days | 44 | 38 | 38 | 39 | 40 | 37 | 37 | 35 | 35 | 35 |
| Payable Days | 143 | 196 | 221 | 228 | 206 | 234 | 281 | 206 | 229 | 218 |
| -91 | -148 | -170 | -177 | -152 | -184 | -232 | -158 | -181 | -172 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.29x | 1.19x | 1.10x | 1.07x | 0.87x | 0.82x | 0.86x | 0.66x | 0.56x | 0.52x |
| Interest Coverage (x) | 1.83x | 1.42x | 1.86x | 2.76x | 3.41x | 3.22x | 1.13x | 2.56x | 2.16x | 3.91x |
| 1.68x | 1.54x | 1.40x | 1.28x | 1.32x | 1.34x | 1.29x | 1.18x | 1.09x | 1.26x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 33.03% | 31.79% | 14.29% | 5.60% | -1.88% | 9.96% | 16.37% | 11.22% | -4.57% | 4.79% |
| Operating Profit Growth % | 66.01% | 14.65% | 16.43% | 38.36% | 1.15% | -15.91% | -26.78% | 72.10% | -13.66% | 19.49% |
| Net Profit Growth % | 30.85% | -29.85% | 66.09% | 97.57% | 24.74% | -36.75% | -89.84% | 938.42% | -29.80% | 88.87% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 938.41% | -29.80% | 88.87% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 26.08x | 27.52x | 11.52x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.91x | 1.35x | 1.01x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.70% | 0.95% | 1.50% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.57x | 8.64x | 6.09x |
Mar 2017
- EPS (₹)
- 28.50
- Book Value (₹)
- 426.76
- Dividend per Share (₹)
- 6.50
- Cash EPS (₹)
- 61.68
- Operating Margin %
- 15.45%
- Net Margin %
- 4.41%
- ROE %
- 7.07%
- ROCE %
- 8.63%
- 2.94%
- Debtor Days
- 8
- Inventory Days
- 44
- Payable Days
- 143
- -91
- Debt to Equity (x)
- 1.29x
- Interest Coverage (x)
- 1.83x
- 1.68x
- Revenue Growth %
- 33.03%
- Operating Profit Growth %
- 66.01%
- Net Profit Growth %
- 30.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 19.99
- Book Value (₹)
- 449.18
- Dividend per Share (₹)
- 6.50
- Cash EPS (₹)
- 63.12
- Operating Margin %
- 14.04%
- Net Margin %
- 2.45%
- ROE %
- 4.56%
- ROCE %
- 7.10%
- 1.48%
- Debtor Days
- 9
- Inventory Days
- 38
- Payable Days
- 196
- -148
- Debt to Equity (x)
- 1.19x
- Interest Coverage (x)
- 1.42x
- 1.54x
- Revenue Growth %
- 31.79%
- Operating Profit Growth %
- 14.65%
- Net Profit Growth %
- -29.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 33.20
- Book Value (₹)
- 477.06
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 77.24
- Operating Margin %
- 14.73%
- Net Margin %
- 3.67%
- ROE %
- 7.17%
- ROCE %
- 8.99%
- 2.28%
- Debtor Days
- 12
- Inventory Days
- 38
- Payable Days
- 221
- -170
- Debt to Equity (x)
- 1.10x
- Interest Coverage (x)
- 1.86x
- 1.40x
- Revenue Growth %
- 14.29%
- Operating Profit Growth %
- 16.43%
- Net Profit Growth %
- 66.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 65.60
- Book Value (₹)
- 517.29
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 111.30
- Operating Margin %
- 19.13%
- Net Margin %
- 6.80%
- ROE %
- 13.19%
- ROCE %
- 13.37%
- 4.30%
- Debtor Days
- 13
- Inventory Days
- 39
- Payable Days
- 228
- -177
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- 2.76x
- 1.28x
- Revenue Growth %
- 5.60%
- Operating Profit Growth %
- 38.36%
- Net Profit Growth %
- 97.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 81.83
- Book Value (₹)
- 605.39
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 129.97
- Operating Margin %
- 19.77%
- Net Margin %
- 8.67%
- ROE %
- 14.58%
- ROCE %
- 11.89%
- 5.03%
- Debtor Days
- 13
- Inventory Days
- 40
- Payable Days
- 206
- -152
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- 3.41x
- 1.32x
- Revenue Growth %
- -1.88%
- Operating Profit Growth %
- 1.15%
- Net Profit Growth %
- 24.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 51.76
- Book Value (₹)
- 662.69
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 103.30
- Operating Margin %
- 15.06%
- Net Margin %
- 4.97%
- ROE %
- 8.16%
- ROCE %
- 8.66%
- 2.98%
- Debtor Days
- 13
- Inventory Days
- 37
- Payable Days
- 234
- -184
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 3.22x
- 1.34x
- Revenue Growth %
- 9.96%
- Operating Profit Growth %
- -15.91%
- Net Profit Growth %
- -36.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.26
- Book Value (₹)
- 656.98
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 71.47
- Operating Margin %
- 9.43%
- Net Margin %
- 0.43%
- ROE %
- 0.80%
- ROCE %
- 4.08%
- 0.29%
- Debtor Days
- 12
- Inventory Days
- 37
- Payable Days
- 281
- -232
- Debt to Equity (x)
- 0.86x
- Interest Coverage (x)
- 1.13x
- 1.29x
- Revenue Growth %
- 16.37%
- Operating Profit Growth %
- -26.78%
- Net Profit Growth %
- -89.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 54.61
- Book Value (₹)
- 745.75
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 129.71
- Operating Margin %
- 13.69%
- Net Margin %
- 4.01%
- ROE %
- 7.79%
- ROCE %
- 10.06%
- 2.95%
- Debtor Days
- 13
- Inventory Days
- 35
- Payable Days
- 206
- -158
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 2.56x
- 1.18x
- Revenue Growth %
- 11.22%
- Operating Profit Growth %
- 72.10%
- Net Profit Growth %
- 938.42%
- 938.41%
- P/E (x)
- 26.08x
- P/B (x)
- 1.91x
- Dividend Yield %
- 0.70%
- 9.57x
Mar 2025
- EPS (₹)
- 38.34
- Book Value (₹)
- 779.42
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 112.59
- Operating Margin %
- 11.98%
- Net Margin %
- 2.91%
- ROE %
- 5.03%
- ROCE %
- 7.47%
- 2.05%
- Debtor Days
- 14
- Inventory Days
- 35
- Payable Days
- 229
- -181
- Debt to Equity (x)
- 0.56x
- Interest Coverage (x)
- 2.16x
- 1.09x
- Revenue Growth %
- -4.57%
- Operating Profit Growth %
- -13.66%
- Net Profit Growth %
- -29.80%
- -29.80%
- P/E (x)
- 27.52x
- P/B (x)
- 1.35x
- Dividend Yield %
- 0.95%
- 8.64x
Mar 2026
- EPS (₹)
- 72.40
- Book Value (₹)
- 824.41
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 141.46
- Operating Margin %
- 13.48%
- Net Margin %
- 5.17%
- ROE %
- 9.03%
- ROCE %
- 10.88%
- 3.87%
- Debtor Days
- 11
- Inventory Days
- 35
- Payable Days
- 218
- -172
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 3.91x
- 1.26x
- Revenue Growth %
- 4.79%
- Operating Profit Growth %
- 19.49%
- Net Profit Growth %
- 88.87%
- 88.87%
- P/E (x)
- 11.52x
- P/B (x)
- 1.01x
- Dividend Yield %
- 1.50%
- 6.09x
Documents
Announcements
- Updates
2026-08-18 - Birla Corporation Limited has informed the Exchange regarding 'Intimation of Redemption of Non-Convertible Debentures (Series-VI)'.
- General Updates
2026-08-18 - Birla Corporation Limited has informed the Exchange about ESG Rating.
Annual Reports
Credit Ratings
- Credit Rating
2026-07-10 - Birla Corporation Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-07-03 - Birla Corporation Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-06-16 - Birla Corporation Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
May 2026
Feb 2026