Birla Corporation Ltd.
•₹ 889.25-0.25%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.66x)
- Operating margins have improved to 10.1% from 6.3%
- Company has been maintaining a healthy dividend payout of 38.5%
- Stock looks reasonably valued - P/E of 25.7 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 62.5% versus prior year
- Company has a low return on equity of 4.1% over last 3 years
- Company has a low return on capital employed of 6.8%
- Company has delivered a poor profit growth of -10.2% over past five years
- Company has delivered a poor sales growth of 4.3% over past five years
- Recurring exceptional / one-off items are inflating headline profit
* 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 | 11594.95 | 40.01 | 341679.03 | 2.07 | 2603.72 | 17.24 | 24648.20 | 15.85 | 13.25 | 20.35 |
| 2. | AMBUJACEM | 411.00 | 23.33 | 102125.99 | 0.49 | 660.00 | -31.93 | 9500.00 | -7.67 | 6.24 | 16.78 |
| 3. | SHREECEM | 24484.95 | 54.20 | 88343.53 | 0.61 | 531.12 | -17.48 | 6233.13 | 18.03 | 10.61 | 20.41 |
| 4. | JKCEMENT | 5257.55 | 42.96 | 40624.17 | 0.38 | 274.62 | -15.31 | 4031.72 | 20.26 | 14.89 | 16.07 |
| 5. | DALBHARAT | 1897.20 | 38.14 | 35585.01 | 0.47 | 192.00 | -51.39 | 3890.00 | 6.99 | 8.15 | 20.69 |
| 6. | ACC | 1300.90 | 12.80 | 24429.25 | 0.58 | 147.00 | -60.84 | 5808.00 | -4.59 | 11.60 | 7.90 |
| 7. | RAMCOCEM | 906.85 | 33.23 | 21428.17 | 0.28 | 31.24 | -63.06 | 2273.05 | 9.60 | 10.75 | 13.49 |
| 8. | JSWCEMENT | 125.10 | 22.43 | 17055.70 | 0.40 | 153.43 | 111.23 | 1896.41 | 21.58 | -4.21 | 16.41 |
| 9. | INDIACEM | 370.70 | 124.21 | 11487.89 | 0.00 | 26.85 | 120.20 | 1019.42 | -0.52 | 0.30 | 15.28 |
| 10. | NUVOCO | 321.60 | 29.76 | 11486.14 | 0.00 | 159.63 | 19.88 | 3128.71 | 8.91 | 7.11 | 18.16 |
| 11. | STARCEMENT | 194.30 | 21.24 | 7853.23 | 0.51 | 73.91 | -24.71 | 942.89 | 3.39 | 8.42 | 20.63 |
| 12. | BIRLACORPN | 890.65 | 12.39 | 6858.48 | 1.40 | 115.73 | -3.21 | 2646.45 | 7.83 | 10.88 | 12.93 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,465 | 1,418 | 1,332 | 1,483 | 1,215 | 1,126 | 1,282 | 1,589 | 1,429 | 1,229 | 1,198 | 1,634 | 1,452 | |
| 1,346 | 1,288 | 1,187 | 1,332 | 1,162 | 1,082 | 1,215 | 1,357 | 1,260 | 1,100 | 1,095 | 1,430 | 1,411 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 13 | 21 | 13 | 23 | 15 | 15 | 14 | 36 | 22 | 19 | 14 | 30 | 15 |
| Interest | 29 | 29 | 30 | 23 | 26 | 26 | 27 | 21 | 21 | 20 | 21 | 20 | 22 |
| Depreciation | 50 | 55 | 53 | 56 | 53 | 53 | 51 | 54 | 49 | 48 | 47 | 50 | 49 |
| 52 | 67 | 75 | 102 | -11 | -20 | 4 | 193 | 121 | 80 | 27 | 128 | 55 | |
| Tax % | 22.32% | 29.92% | 31.44% | 42.04% | 16.71% | 17.40% | 81.23% | 20.05% | 35.43% | 33.75% | 45.27% | 19.07% | 26.48% |
| Net Profit | 40 | 47 | 51 | 59 | -9 | -17 | 1 | 154 | 78 | 53 | 15 | 104 | 41 |
| 5 | 6 | 7 | 8 | -1 | -2 | 0 | 20 | 10 | 7 | 2 | 13 | 1 | |
| 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
- 1,465
- 1,346
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 29
- Depreciation
- 50
- 52
- Tax %
- 22.32%
- Net Profit
- 40
- 5
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,418
- 1,288
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 29
- Depreciation
- 55
- 67
- Tax %
- 29.92%
- Net Profit
- 47
- 6
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,332
- 1,187
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 30
- Depreciation
- 53
- 75
- Tax %
- 31.44%
- Net Profit
- 51
- 7
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,483
- 1,332
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 23
- Depreciation
- 56
- 102
- Tax %
- 42.04%
- Net Profit
- 59
- 8
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,215
- 1,162
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 26
- Depreciation
- 53
- -11
- Tax %
- 16.71%
- Net Profit
- -9
- -1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,126
- 1,082
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 26
- Depreciation
- 53
- -20
- Tax %
- 17.40%
- Net Profit
- -17
- -2
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,282
- 1,215
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 27
- Depreciation
- 51
- 4
- Tax %
- 81.23%
- Net Profit
- 1
- 0
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,589
- 1,357
- Operating Profit
- —
- OPM %
- —
- Other Income
- 36
- Interest
- 21
- Depreciation
- 54
- 193
- Tax %
- 20.05%
- Net Profit
- 154
- 20
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,429
- 1,260
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 21
- Depreciation
- 49
- 121
- Tax %
- 35.43%
- Net Profit
- 78
- 10
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,229
- 1,100
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 20
- Depreciation
- 48
- 80
- Tax %
- 33.75%
- Net Profit
- 53
- 7
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,198
- 1,095
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 21
- Depreciation
- 47
- 27
- Tax %
- 45.27%
- Net Profit
- 15
- 2
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,634
- 1,430
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 20
- Depreciation
- 50
- 128
- Tax %
- 19.07%
- Net Profit
- 104
- 13
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,452
- 1,411
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 22
- Depreciation
- 49
- 55
- Tax %
- 26.48%
- Net Profit
- 41
- 1
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 77
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,345 | 3,720 | 4,424 | 4,747 | 4,442 | 4,791 | 5,441 | 5,697 | 5,212 | 5,490 | 5,514 | |
| 2,974 | 3,376 | 4,018 | 4,072 | 3,832 | 4,336 | 5,175 | 5,153 | 4,815 | 4,886 | 5,037 | |
| Operating Profit | 516 | 421 | 487 | 758 | 721 | 581 | 368 | 614 | 476 | 689 | — |
| OPM % | 15 | 11 | 11 | 16 | 16 | 12 | 7 | 11 | 9 | 13 | — |
| Other Income | 145 | 77 | 81 | 82 | 111 | 126 | 102 | 71 | 80 | 85 | 77 |
| Interest | 139 | 165 | 178 | 185 | 130 | 101 | 107 | 111 | 99 | 83 | 84 |
| Depreciation | 147 | 146 | 149 | 151 | 161 | 177 | 187 | 214 | 211 | 193 | 194 |
| 223 | 98 | 160 | 421 | 430 | 272 | 48 | 296 | 166 | 356 | 291 | |
| Tax % | 4 | -18 | 14 | 25 | 0 | 26 | 6 | 33 | 22 | 30 | 27 |
| Net Profit | 214 | 115 | 138 | 316 | 429 | 203 | 45 | 198 | 129 | 250 | 213 |
| EPS | 28 | 15 | 18 | 41 | 56 | 26 | 6 | 26 | 17 | 32 | — |
| Dividend Payout % | 23 | 43 | 42 | 18 | 18 | 38 | 42 | 39 | 60 | 39 | — |
| 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 | 15 | 18 | 41 | 56 | 26 | 6 | 26 | 17 | 32 | — |
| 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 | 15 | 18 | 41 | 56 | 26 | 6 | 26 | 17 | 32 | — |
Mar 2017
- 3,345
- 2,974
- Operating Profit
- 516
- OPM %
- 15
- Other Income
- 145
- Interest
- 139
- Depreciation
- 147
- 223
- Tax %
- 4
- Net Profit
- 214
- 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
- 3,720
- 3,376
- Operating Profit
- 421
- OPM %
- 11
- Other Income
- 77
- Interest
- 165
- Depreciation
- 146
- 98
- Tax %
- -18
- Net Profit
- 115
- EPS
- 15
- Dividend Payout %
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2019
- 4,424
- 4,018
- Operating Profit
- 487
- OPM %
- 11
- Other Income
- 81
- Interest
- 178
- Depreciation
- 149
- 160
- Tax %
- 14
- Net Profit
- 138
- EPS
- 18
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2020
- 4,747
- 4,072
- Operating Profit
- 758
- OPM %
- 16
- Other Income
- 82
- Interest
- 185
- Depreciation
- 151
- 421
- Tax %
- 25
- Net Profit
- 316
- EPS
- 41
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 41
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 41
Mar 2021
- 4,442
- 3,832
- Operating Profit
- 721
- OPM %
- 16
- Other Income
- 111
- Interest
- 130
- Depreciation
- 161
- 430
- Tax %
- 0
- Net Profit
- 429
- EPS
- 56
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 56
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 56
Mar 2022
- 4,791
- 4,336
- Operating Profit
- 581
- OPM %
- 12
- Other Income
- 126
- Interest
- 101
- Depreciation
- 177
- 272
- Tax %
- 26
- Net Profit
- 203
- EPS
- 26
- Dividend Payout %
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2023
- 5,441
- 5,175
- Operating Profit
- 368
- OPM %
- 7
- Other Income
- 102
- Interest
- 107
- Depreciation
- 187
- 48
- Tax %
- 6
- Net Profit
- 45
- EPS
- 6
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2024
- 5,697
- 5,153
- Operating Profit
- 614
- OPM %
- 11
- Other Income
- 71
- Interest
- 111
- Depreciation
- 214
- 296
- Tax %
- 33
- Net Profit
- 198
- EPS
- 26
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2025
- 5,212
- 4,815
- Operating Profit
- 476
- OPM %
- 9
- Other Income
- 80
- Interest
- 99
- Depreciation
- 211
- 166
- Tax %
- 22
- Net Profit
- 129
- EPS
- 17
- Dividend Payout %
- 60
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2026
- 5,490
- 4,886
- Operating Profit
- 689
- OPM %
- 13
- Other Income
- 85
- Interest
- 83
- Depreciation
- 193
- 356
- Tax %
- 30
- Net Profit
- 250
- EPS
- 32
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
TTM
- 5,514
- 5,037
- Operating Profit
- —
- OPM %
- —
- Other Income
- 77
- Interest
- 84
- Depreciation
- 194
- 291
- Tax %
- 27
- Net Profit
- 213
- 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:
- 5%
- 5 Years:
- 4%
- 3 Years:
- 0%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 4%
- 5 Years:
- -10%
- 3 Years:
- 77%
STOCK PRICE CAGR
- 10 Years:
- 3%
- 5 Years:
- -7%
- 3 Years:
- -9%
- 1 Year:
- -32%
RETURN ON EQUITY
- 10 Years:
- 5%
- 5 Years:
- 4%
- 3 Years:
- 4%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 3,097 | 4,051 | 4,149 | 4,271 | 4,750 | 5,118 | 5,061 | 5,525 | 5,699 | 5,739 | |
| 116 | 169 | 260 | 413 | 273 | 226 | 163 | 146 | 135 | 163 | |
| Trade Payables | 194 | 324 | 424 | 355 | 397 | 478 | 571 | 515 | 493 | 513 |
| 2,934 | 3,044 | 2,890 | 2,739 | 2,451 | 2,464 | 2,315 | 2,347 | 2,221 | 2,147 | |
| Total Liabilities | 6,417 | 7,665 | 7,800 | 7,856 | 7,948 | 8,363 | 8,188 | 8,610 | 8,626 | 8,639 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 2,012 | 3,052 | 3,087 | 3,066 | 3,078 | 3,334 | 3,458 | 3,506 | 3,522 | 3,513 | |
| Capital Work in Progress | 59 | 95 | 55 | 147 | 190 | 198 | 114 | 198 | 212 | 222 |
| 2,926 | 3,061 | 3,173 | 3,146 | 3,094 | 3,307 | 3,006 | 3,403 | 3,348 | 3,309 | |
| 490 | 528 | 588 | 584 | 592 | 603 | 755 | 653 | 566 | 703 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 236 | 218 | 231 | |
| Cash & Bank | 301 | 200 | 107 | 90 | 122 | 125 | 81 | 63 | 95 | 77 |
| 629 | 729 | 790 | 824 | 873 | 796 | 774 | 551 | 665 | 583 | |
| Total Assets | 6,417 | 7,665 | 7,800 | 7,856 | 7,948 | 8,363 | 8,188 | 8,610 | 8,626 | 8,639 |
| Total Debt | 1,951 | 1,881 | 1,854 | 1,670 | 1,252 | 1,179 | 981 | 842 | 765 | 839 |
| Net Working Capital | 813 | 770 | 687 | 633 | 682 | 698 | 417 | 278 | 130 | 375 |
| Contingent Liabilities | 2,478 | 828 | 797 | 776 | 760 | 700 | 371 | 435 | 446 | 381 |
| Book Value per Share | 412.20 | 429.56 | 442.13 | 457.89 | 519.89 | 551.97 | 547.71 | 606.67 | 618.67 | 623.46 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1,951 | 1,881 | 1,854 | 1,670 | 1,252 | 1,179 | 981 | 842 | 765 | 839 |
| Net Working Capital | 813 | 770 | 687 | 633 | 682 | 698 | 417 | 278 | 130 | 375 |
| Contingent Liabilities | 2,478 | 828 | 797 | 776 | 760 | 700 | 371 | 435 | 446 | 381 |
| Book Value per Share | 412.20 | 429.56 | 442.13 | 457.89 | 519.89 | 551.97 | 547.71 | 606.67 | 618.67 | 623.46 |
| 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
- 3,097
- 116
- Trade Payables
- 194
- 2,934
- Total Liabilities
- 6,417
- 2,012
- Capital Work in Progress
- 59
- 2,926
- 490
- 0
- Cash & Bank
- 301
- 629
- Total Assets
- 6,417
- Total Debt
- 1,951
- Net Working Capital
- 813
- Contingent Liabilities
- 2,478
- Book Value per Share
- 412.20
- Face Value
- 10.00
- Total Debt
- 1,951
- Net Working Capital
- 813
- Contingent Liabilities
- 2,478
- Book Value per Share
- 412.20
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 77
- 4,051
- 169
- Trade Payables
- 324
- 3,044
- Total Liabilities
- 7,665
- 3,052
- Capital Work in Progress
- 95
- 3,061
- 528
- 0
- Cash & Bank
- 200
- 729
- Total Assets
- 7,665
- Total Debt
- 1,881
- Net Working Capital
- 770
- Contingent Liabilities
- 828
- Book Value per Share
- 429.56
- Face Value
- 10.00
- Total Debt
- 1,881
- Net Working Capital
- 770
- Contingent Liabilities
- 828
- Book Value per Share
- 429.56
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 77
- 4,149
- 260
- Trade Payables
- 424
- 2,890
- Total Liabilities
- 7,800
- 3,087
- Capital Work in Progress
- 55
- 3,173
- 588
- 0
- Cash & Bank
- 107
- 790
- Total Assets
- 7,800
- Total Debt
- 1,854
- Net Working Capital
- 687
- Contingent Liabilities
- 797
- Book Value per Share
- 442.13
- Face Value
- 10.00
- Total Debt
- 1,854
- Net Working Capital
- 687
- Contingent Liabilities
- 797
- Book Value per Share
- 442.13
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 77
- 4,271
- 413
- Trade Payables
- 355
- 2,739
- Total Liabilities
- 7,856
- 3,066
- Capital Work in Progress
- 147
- 3,146
- 584
- 0
- Cash & Bank
- 90
- 824
- Total Assets
- 7,856
- Total Debt
- 1,670
- Net Working Capital
- 633
- Contingent Liabilities
- 776
- Book Value per Share
- 457.89
- Face Value
- 10.00
- Total Debt
- 1,670
- Net Working Capital
- 633
- Contingent Liabilities
- 776
- Book Value per Share
- 457.89
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 77
- 4,750
- 273
- Trade Payables
- 397
- 2,451
- Total Liabilities
- 7,948
- 3,078
- Capital Work in Progress
- 190
- 3,094
- 592
- 0
- Cash & Bank
- 122
- 873
- Total Assets
- 7,948
- Total Debt
- 1,252
- Net Working Capital
- 682
- Contingent Liabilities
- 760
- Book Value per Share
- 519.89
- Face Value
- 10.00
- Total Debt
- 1,252
- Net Working Capital
- 682
- Contingent Liabilities
- 760
- Book Value per Share
- 519.89
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 77
- 5,118
- 226
- Trade Payables
- 478
- 2,464
- Total Liabilities
- 8,363
- 3,334
- Capital Work in Progress
- 198
- 3,307
- 603
- 0
- Cash & Bank
- 125
- 796
- Total Assets
- 8,363
- Total Debt
- 1,179
- Net Working Capital
- 698
- Contingent Liabilities
- 700
- Book Value per Share
- 551.97
- Face Value
- 10.00
- Total Debt
- 1,179
- Net Working Capital
- 698
- Contingent Liabilities
- 700
- Book Value per Share
- 551.97
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 77
- 5,061
- 163
- Trade Payables
- 571
- 2,315
- Total Liabilities
- 8,188
- 3,458
- Capital Work in Progress
- 114
- 3,006
- 755
- 0
- Cash & Bank
- 81
- 774
- Total Assets
- 8,188
- Total Debt
- 981
- Net Working Capital
- 417
- Contingent Liabilities
- 371
- Book Value per Share
- 547.71
- Face Value
- 10.00
- Total Debt
- 981
- Net Working Capital
- 417
- Contingent Liabilities
- 371
- Book Value per Share
- 547.71
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 77
- 5,525
- 146
- Trade Payables
- 515
- 2,347
- Total Liabilities
- 8,610
- 3,506
- Capital Work in Progress
- 198
- 3,403
- 653
- 236
- Cash & Bank
- 63
- 551
- Total Assets
- 8,610
- Total Debt
- 842
- Net Working Capital
- 278
- Contingent Liabilities
- 435
- Book Value per Share
- 606.67
- Face Value
- 10.00
- Total Debt
- 842
- Net Working Capital
- 278
- Contingent Liabilities
- 435
- Book Value per Share
- 606.67
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 77
- 5,699
- 135
- Trade Payables
- 493
- 2,221
- Total Liabilities
- 8,626
- 3,522
- Capital Work in Progress
- 212
- 3,348
- 566
- 218
- Cash & Bank
- 95
- 665
- Total Assets
- 8,626
- Total Debt
- 765
- Net Working Capital
- 130
- Contingent Liabilities
- 446
- Book Value per Share
- 618.67
- Face Value
- 10.00
- Total Debt
- 765
- Net Working Capital
- 130
- Contingent Liabilities
- 446
- Book Value per Share
- 618.67
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 77
- 5,739
- 163
- Trade Payables
- 513
- 2,147
- Total Liabilities
- 8,639
- 3,513
- Capital Work in Progress
- 222
- 3,309
- 703
- 231
- Cash & Bank
- 77
- 583
- Total Assets
- 8,639
- Total Debt
- 839
- Net Working Capital
- 375
- Contingent Liabilities
- 381
- Book Value per Share
- 623.46
- Face Value
- 10.00
- Total Debt
- 839
- Net Working Capital
- 375
- Contingent Liabilities
- 381
- Book Value per Share
- 623.46
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 460 | 420 | 440 | 737 | 671 | 491 | 210 | 641 | 582 | 315 | |
| Cash from Investing | -1,006 | -130 | -177 | -387 | -6 | -186 | 176 | -387 | -294 | -242 |
| Cash from Financing | 518 | -283 | -282 | -379 | -666 | -268 | -388 | -265 | -262 | -86 |
| -29 | 7 | -19 | -29 | -1 | 37 | -2 | -10 | 26 | -13 | |
| Free Cash Flow | 334 | -802 | 297 | 520 | 456 | 53 | -8 | 312 | 351 | 146 |
| OCF / Net Profit | 2.15 | 3.65 | 3.19 | 2.33 | 1.57 | 2.42 | 4.62 | 3.24 | 4.50 | 1.26 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 807 | 526 | 1,319 | 1,333 | 1,165 | 854 |
| OCF / Net Profit | 2.15 | 3.65 | 3.19 | 2.33 | 1.57 | 2.42 | 4.62 | 3.24 | 4.50 | 1.26 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 807 | 526 | 1,319 | 1,333 | 1,165 | 854 |
Mar 2017
- 460
- Cash from Investing
- -1,006
- Cash from Financing
- 518
- -29
- Free Cash Flow
- 334
- OCF / Net Profit
- 2.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.15
- Cumulative 5-Year FCF
- 0
Mar 2018
- 420
- Cash from Investing
- -130
- Cash from Financing
- -283
- 7
- Free Cash Flow
- -802
- OCF / Net Profit
- 3.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.65
- Cumulative 5-Year FCF
- 0
Mar 2019
- 440
- Cash from Investing
- -177
- Cash from Financing
- -282
- -19
- Free Cash Flow
- 297
- OCF / Net Profit
- 3.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.19
- Cumulative 5-Year FCF
- 0
Mar 2020
- 737
- Cash from Investing
- -387
- Cash from Financing
- -379
- -29
- Free Cash Flow
- 520
- OCF / Net Profit
- 2.33
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.33
- Cumulative 5-Year FCF
- 0
Mar 2021
- 671
- Cash from Investing
- -6
- Cash from Financing
- -666
- -1
- Free Cash Flow
- 456
- OCF / Net Profit
- 1.57
- Cumulative 5-Year FCF
- 807
- OCF / Net Profit
- 1.57
- Cumulative 5-Year FCF
- 807
Mar 2022
- 491
- Cash from Investing
- -186
- Cash from Financing
- -268
- 37
- Free Cash Flow
- 53
- OCF / Net Profit
- 2.42
- Cumulative 5-Year FCF
- 526
- OCF / Net Profit
- 2.42
- Cumulative 5-Year FCF
- 526
Mar 2023
- 210
- Cash from Investing
- 176
- Cash from Financing
- -388
- -2
- Free Cash Flow
- -8
- OCF / Net Profit
- 4.62
- Cumulative 5-Year FCF
- 1,319
- OCF / Net Profit
- 4.62
- Cumulative 5-Year FCF
- 1,319
Mar 2024
- 641
- Cash from Investing
- -387
- Cash from Financing
- -265
- -10
- Free Cash Flow
- 312
- OCF / Net Profit
- 3.24
- Cumulative 5-Year FCF
- 1,333
- OCF / Net Profit
- 3.24
- Cumulative 5-Year FCF
- 1,333
Mar 2025
- 582
- Cash from Investing
- -294
- Cash from Financing
- -262
- 26
- Free Cash Flow
- 351
- OCF / Net Profit
- 4.50
- Cumulative 5-Year FCF
- 1,165
- OCF / Net Profit
- 4.50
- Cumulative 5-Year FCF
- 1,165
Mar 2026
- 315
- Cash from Investing
- -242
- Cash from Financing
- -86
- -13
- Free Cash Flow
- 146
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 854
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 854
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 27.79 | 14.95 | 17.89 | 41.01 | 55.64 | 26.35 | 5.90 | 25.73 | 16.78 | 32.43 |
| Book Value (₹) | 412.20 | 429.56 | 442.13 | 457.89 | 519.89 | 551.97 | 547.71 | 606.67 | 618.67 | 623.46 |
| 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 (₹) | 46.90 | 33.92 | 37.18 | 60.64 | 76.53 | 49.32 | 30.22 | 53.47 | 44.20 | 57.52 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.43% | 10.28% | 10.31% | 14.87% | 15.07% | 11.28% | 6.27% | 8.84% | 7.00% | 10.06% |
| Net Margin % | 5.57% | 2.81% | 2.92% | 6.20% | 8.96% | 3.94% | 0.77% | 3.22% | 2.28% | 4.16% |
| ROE % | 7.02% | 3.55% | 4.10% | 9.11% | 11.38% | 4.92% | 1.07% | 4.46% | 2.74% | 5.22% |
| ROCE % | 7.75% | 5.10% | 6.47% | 11.60% | 10.72% | 6.98% | 2.92% | 7.61% | 4.80% | 7.86% |
| 3.68% | 1.64% | 1.78% | 4.03% | 5.42% | 2.49% | 0.55% | 2.36% | 1.50% | 2.89% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 9 | 11 | 14 | 13 | 14 | 15 | 14 | 14 | 15 | 14 |
| Inventory Days | 50 | 45 | 43 | 42 | 45 | 42 | 42 | 42 | 39 | 39 |
| Payable Days | 106 | 145 | 141 | 144 | 135 | 159 | 177 | 146 | 151 | 148 |
| -47 | -89 | -85 | -89 | -75 | -101 | -121 | -90 | -97 | -96 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.61x | 0.57x | 0.54x | 0.47x | 0.31x | 0.28x | 0.23x | 0.18x | 0.16x | 0.17x |
| Interest Coverage (x) | 2.60x | 1.59x | 1.90x | 3.27x | 4.32x | 3.71x | 1.45x | 3.67x | 2.67x | 5.31x |
| 2.03x | 1.79x | 1.62x | 1.49x | 1.58x | 1.59x | 1.34x | 1.21x | 1.10x | 1.29x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 2.36% | 11.20% | 18.92% | 7.30% | -6.41% | 7.85% | 13.57% | 4.70% | -8.51% | 5.35% |
| Operating Profit Growth % | 11.37% | -18.28% | 15.45% | 55.68% | -4.84% | -19.37% | -36.67% | 66.90% | -22.47% | 44.70% |
| Net Profit Growth % | 27.62% | -46.20% | 19.67% | 129.24% | 35.67% | -52.65% | -77.63% | 336.37% | -34.76% | 93.23% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 336.37% | -34.76% | 93.23% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 55.37x | 62.87x | 25.73x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.35x | 1.71x | 1.34x |
| 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 | 19.12x | 18.47x | 10.43x |
Mar 2017
- EPS (₹)
- 27.79
- Book Value (₹)
- 412.20
- Dividend per Share (₹)
- 6.50
- Cash EPS (₹)
- 46.90
- Operating Margin %
- 13.43%
- Net Margin %
- 5.57%
- ROE %
- 7.02%
- ROCE %
- 7.75%
- 3.68%
- Debtor Days
- 9
- Inventory Days
- 50
- Payable Days
- 106
- -47
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 2.60x
- 2.03x
- Revenue Growth %
- 2.36%
- Operating Profit Growth %
- 11.37%
- Net Profit Growth %
- 27.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 14.95
- Book Value (₹)
- 429.56
- Dividend per Share (₹)
- 6.50
- Cash EPS (₹)
- 33.92
- Operating Margin %
- 10.28%
- Net Margin %
- 2.81%
- ROE %
- 3.55%
- ROCE %
- 5.10%
- 1.64%
- Debtor Days
- 11
- Inventory Days
- 45
- Payable Days
- 145
- -89
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 1.59x
- 1.79x
- Revenue Growth %
- 11.20%
- Operating Profit Growth %
- -18.28%
- Net Profit Growth %
- -46.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 17.89
- Book Value (₹)
- 442.13
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 37.18
- Operating Margin %
- 10.31%
- Net Margin %
- 2.92%
- ROE %
- 4.10%
- ROCE %
- 6.47%
- 1.78%
- Debtor Days
- 14
- Inventory Days
- 43
- Payable Days
- 141
- -85
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 1.90x
- 1.62x
- Revenue Growth %
- 18.92%
- Operating Profit Growth %
- 15.45%
- Net Profit Growth %
- 19.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 41.01
- Book Value (₹)
- 457.89
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 60.64
- Operating Margin %
- 14.87%
- Net Margin %
- 6.20%
- ROE %
- 9.11%
- ROCE %
- 11.60%
- 4.03%
- Debtor Days
- 13
- Inventory Days
- 42
- Payable Days
- 144
- -89
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 3.27x
- 1.49x
- Revenue Growth %
- 7.30%
- Operating Profit Growth %
- 55.68%
- Net Profit Growth %
- 129.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 55.64
- Book Value (₹)
- 519.89
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 76.53
- Operating Margin %
- 15.07%
- Net Margin %
- 8.96%
- ROE %
- 11.38%
- ROCE %
- 10.72%
- 5.42%
- Debtor Days
- 14
- Inventory Days
- 45
- Payable Days
- 135
- -75
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 4.32x
- 1.58x
- Revenue Growth %
- -6.41%
- Operating Profit Growth %
- -4.84%
- Net Profit Growth %
- 35.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 26.35
- Book Value (₹)
- 551.97
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 49.32
- Operating Margin %
- 11.28%
- Net Margin %
- 3.94%
- ROE %
- 4.92%
- ROCE %
- 6.98%
- 2.49%
- Debtor Days
- 15
- Inventory Days
- 42
- Payable Days
- 159
- -101
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 3.71x
- 1.59x
- Revenue Growth %
- 7.85%
- Operating Profit Growth %
- -19.37%
- Net Profit Growth %
- -52.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.90
- Book Value (₹)
- 547.71
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 30.22
- Operating Margin %
- 6.27%
- Net Margin %
- 0.77%
- ROE %
- 1.07%
- ROCE %
- 2.92%
- 0.55%
- Debtor Days
- 14
- Inventory Days
- 42
- Payable Days
- 177
- -121
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 1.45x
- 1.34x
- Revenue Growth %
- 13.57%
- Operating Profit Growth %
- -36.67%
- Net Profit Growth %
- -77.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 25.73
- Book Value (₹)
- 606.67
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 53.47
- Operating Margin %
- 8.84%
- Net Margin %
- 3.22%
- ROE %
- 4.46%
- ROCE %
- 7.61%
- 2.36%
- Debtor Days
- 14
- Inventory Days
- 42
- Payable Days
- 146
- -90
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 3.67x
- 1.21x
- Revenue Growth %
- 4.70%
- Operating Profit Growth %
- 66.90%
- Net Profit Growth %
- 336.37%
- 336.37%
- P/E (x)
- 55.37x
- P/B (x)
- 2.35x
- Dividend Yield %
- 0.70%
- 19.12x
Mar 2025
- EPS (₹)
- 16.78
- Book Value (₹)
- 618.67
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 44.20
- Operating Margin %
- 7.00%
- Net Margin %
- 2.28%
- ROE %
- 2.74%
- ROCE %
- 4.80%
- 1.50%
- Debtor Days
- 15
- Inventory Days
- 39
- Payable Days
- 151
- -97
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 2.67x
- 1.10x
- Revenue Growth %
- -8.51%
- Operating Profit Growth %
- -22.47%
- Net Profit Growth %
- -34.76%
- -34.76%
- P/E (x)
- 62.87x
- P/B (x)
- 1.71x
- Dividend Yield %
- 0.95%
- 18.47x
Mar 2026
- EPS (₹)
- 32.43
- Book Value (₹)
- 623.46
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 57.52
- Operating Margin %
- 10.06%
- Net Margin %
- 4.16%
- ROE %
- 5.22%
- ROCE %
- 7.86%
- 2.89%
- Debtor Days
- 14
- Inventory Days
- 39
- Payable Days
- 148
- -96
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 5.31x
- 1.29x
- Revenue Growth %
- 5.35%
- Operating Profit Growth %
- 44.70%
- Net Profit Growth %
- 93.23%
- 93.23%
- P/E (x)
- 25.73x
- P/B (x)
- 1.34x
- Dividend Yield %
- 1.50%
- 10.43x
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