Birla Corporation Limited manufactures and sells cement in India.
Solid track record established dividend payer.
Share Price & News
How has Birla's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500335 has not had significant price volatility in the past 3 months.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
Return vs Industry: 500335 exceeded the Indian Basic Materials industry which returned 8.6% over the past year.
Return vs Market: 500335 exceeded the Indian Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Birla's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Birla undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500335 (₹718.95) is trading below our estimate of fair value (₹824.82)
Significantly Below Fair Value: 500335 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 500335 is good value based on its PE Ratio (12.6x) compared to the Basic Materials industry average (15.2x).
PE vs Market: 500335 is good value based on its PE Ratio (12.6x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: 500335 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 500335 is overvalued based on its PB Ratio (1.2x) compared to the IN Basic Materials industry average (0.8x).
How is Birla forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500335's forecast earnings growth (11.5% per year) is above the savings rate (6.5%).
Earnings vs Market: 500335's earnings (11.5% per year) are forecast to grow slower than the Indian market (20.4% per year).
High Growth Earnings: 500335's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500335's revenue (8.5% per year) is forecast to grow slower than the Indian market (9% per year).
High Growth Revenue: 500335's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500335's Return on Equity is forecast to be low in 3 years time (11.2%).
How has Birla performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500335 has high quality earnings.
Growing Profit Margin: 500335's current net profit margins (6.2%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 500335's earnings have grown by 20% per year over the past 5 years.
Accelerating Growth: 500335's earnings growth over the past year (69.6%) exceeds its 5-year average (20% per year).
Earnings vs Industry: 500335 earnings growth over the past year (69.6%) exceeded the Basic Materials industry 21.9%.
Return on Equity
High ROE: 500335's Return on Equity (9.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Birla's financial position?
Financial Position Analysis
Short Term Liabilities: 500335's short term assets (₹28.2B) exceed its short term liabilities (₹20.7B).
Long Term Liabilities: 500335's short term assets (₹28.2B) do not cover its long term liabilities (₹50.5B).
Debt to Equity History and Analysis
Debt Level: 500335's debt to equity ratio (78.4%) is considered high.
Reducing Debt: 500335's debt to equity ratio has increased from 51% to 78.4% over the past 5 years.
Debt Coverage: 500335's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 500335's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Inventory Level: 500335 has a high level of physical assets or inventory.
Debt Coverage by Assets: 500335's debt is not covered by short term assets (assets are 0.8x debt).
What is Birla's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 500335's dividend (1.04%) is higher than the bottom 25% of dividend payers in the Indian market (0.61%).
High Dividend: 500335's dividend (1.04%) is low compared to the top 25% of dividend payers in the Indian market (2.67%).
Stability and Growth of Payments
Stable Dividend: 500335's dividends per share have been stable in the past 10 years.
Growing Dividend: 500335's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.2%), 500335's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500335's dividends in 3 years are forecast to be thoroughly covered by earnings (14.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pracheta Majumdar (75yo)
Shri. Pracheta Majumdar has been Chief Executive Officer of Birla Corporation Limited since 2019. He was the Chief Management Advisor at Birla Corporation Limited since May 20, 2013 until 2019. Shri. Majum ...
CEO Compensation Analysis
Compensation vs Market: Pracheta's total compensation ($USD238.17K) is below average for companies of similar size in the Indian market ($USD396.01K).
Compensation vs Earnings: Pracheta's compensation has increased by more than 20% in the past year.
|CEO & Wholetime Director||1.1yrs||₹17.05m||0.00065% ₹362.9k|
|Chief Financial Officer||7.6yrs||₹11.90m||0.00013% ₹72.6k|
|Joint President of Indirect Taxes||7.6yrs||₹5.79m||no data|
|Chief Operating Officer||0.8yrs||no data||no data|
|President of Chanderia Unit||0yrs||no data||no data|
|Executive President of Operation||0.8yrs||no data||no data|
|President of Commercial||1.7yrs||no data||no data|
|President of Satna Cement Works||0yrs||no data||no data|
|Head of Corporate - HR||0yrs||no data||no data|
|President of Maihar Integrated Unit||0yrs||no data||no data|
Experienced Management: 500335's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|CEO & Wholetime Director||1.1yrs||₹17.05m||0.00065% ₹362.9k|
|Independent Non-Executive Director||12.3yrs||₹750.00k||0.00065% ₹362.9k|
|Independent Non-Executive Director||9.8yrs||₹1.15m||0.00065% ₹362.9k|
|Independent Non-Executive Director||15.8yrs||₹1.40m||0.00065% ₹362.9k|
|Independent Non-Executive Director||12.8yrs||₹1.30m||0.00065% ₹362.9k|
|Independent Non-Executive Director||13.6yrs||₹1.25m||0.00065% ₹362.9k|
|Independent Non-Executive Director||5yrs||₹700.00k||0.00065% ₹362.9k|
|Non-Independent Non-Executive Director||2.3yrs||₹400.00k||0.00065% ₹362.9k|
Experienced Board: 500335's board of directors are seasoned and experienced ( 12.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Birla Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Birla Corporation Limited
- Ticker: 500335
- Exchange: BSE
- Founded: 1919
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹55.833b
- Shares outstanding: 77.01m
- Website: https://www.birlacorporation.com
- Birla Corporation Limited
- 1, Shakespeare Sarani
- 2nd Floor
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500335||BSE (Mumbai Stock Exchange)||Yes||Ordinary Shares||IN||INR||Apr 2000|
|BIRLACORPN||NSEI (National Stock Exchange of India)||Yes||Ordinary Shares||IN||INR||Apr 2000|
Birla Corporation Limited manufactures and sells cement in India. The company operates through three segments: Cement, Jute, and Others. It offers ordinary Portland, Portland Pozzolana, and Portland slag cement under the MP Birla Cement Perfect Plus, MP Birla Cement Samrat Advanced, MP Birla Cement Ultimate Ultra, MP Birla Cement Unique, MP Birla Cement Samrat, MP Birla Cement Ultimate, MP Birla Cement Chetak, MP Birla Cement PSC, MP Birla Cement MULTICEM, and MP Birla Cement CONCRECEM brand names that are used in bridges, dams, railway sleepers, reservoirs, industrial buildings, marine structures, cooling towers, metro lines, and airport runways. The company also manufactures various jute products, such as jute yarn, floor and wall coverings, lino hessian products, decorative fabrics, nursery cloths, scrims, jute carpets, non-woven jute felts, hydrocarbon-free bags/cloths, D.W. canvas products, carpet backing cloths, hessian cloths/bags, and sacking bags/cloths, which are used in mats, ropes, yarns, bags, carpets, and panama. In addition, it offers auto trims, as well as iron and steel castings. The company also exports its products. The company was formerly known as Birla Jute Manufacturing Company Limited and changed its name to Birla Corporation Limited in 1998. Birla Corporation Limited was incorporated in 1919 and is based in Kolkata, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 12:39|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.