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: BIRLACORPN's share price has been volatile over the past 3 months.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
Return vs Industry: BIRLACORPN exceeded the Indian Basic Materials industry which returned -2.6% over the past year.
Return vs Market: BIRLACORPN exceeded the Indian Market which returned 2.6% 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
4 months ago | Simply Wall StBirla Corporation Limited's (NSE:BIRLACORPN) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
4 months ago | Simply Wall StHow Does Birla's (NSE:BIRLACORPN) P/E Compare To Its Industry, After The Share Price Drop?
4 months ago | Simply Wall StCould The Birla Corporation Limited (NSE:BIRLACORPN) Ownership Structure Tell Us Something Useful?
Is Birla undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BIRLACORPN (₹639.75) is trading above our estimate of fair value (₹144.98)
Significantly Below Fair Value: BIRLACORPN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BIRLACORPN is good value based on its PE Ratio (10x) compared to the IN Basic Materials industry average (13.2x).
PE vs Market: BIRLACORPN is good value based on its PE Ratio (10x) compared to the Indian market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: BIRLACORPN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BIRLACORPN's PB Ratio (1x) is in line with the IN Basic Materials industry average.
How is Birla forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BIRLACORPN's earnings are forecast to decline over the next 3 years (-6.6% per year).
Earnings vs Market: BIRLACORPN's earnings are forecast to decline over the next 3 years (-6.6% per year).
High Growth Earnings: BIRLACORPN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BIRLACORPN's revenue (2.4% per year) is forecast to grow slower than the Indian market (9.8% per year).
High Growth Revenue: BIRLACORPN's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BIRLACORPN's Return on Equity is forecast to be low in 3 years time (9.3%).
How has Birla performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BIRLACORPN has high quality earnings.
Growing Profit Margin: BIRLACORPN's current net profit margins (7.3%) are higher than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: BIRLACORPN's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: BIRLACORPN's earnings growth over the past year (97.1%) exceeds its 5-year average (23.2% per year).
Earnings vs Industry: BIRLACORPN earnings growth over the past year (97.1%) exceeded the Basic Materials industry 6.1%.
Return on Equity
High ROE: BIRLACORPN's Return on Equity (10.5%) is considered low.
How is Birla's financial position?
Financial Position Analysis
Short Term Liabilities: BIRLACORPN's short term assets (₹26.9B) exceed its short term liabilities (₹21.0B).
Long Term Liabilities: BIRLACORPN's short term assets (₹26.9B) do not cover its long term liabilities (₹52.7B).
Debt to Equity History and Analysis
Debt Level: BIRLACORPN's debt to equity ratio (89.1%) is considered high.
Reducing Debt: BIRLACORPN's debt to equity ratio has increased from 49.5% to 89.1% over the past 5 years.
Debt Coverage: BIRLACORPN's debt is well covered by operating cash flow (31.3%).
Interest Coverage: BIRLACORPN's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is Birla current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BIRLACORPN's dividend (1.15%) is higher than the bottom 25% of dividend payers in the Indian market (0.64%).
High Dividend: BIRLACORPN's dividend (1.15%) is low compared to the top 25% of dividend payers in the Indian market (2.65%).
Stability and Growth of Payments
Stable Dividend: BIRLACORPN's dividends per share have been stable in the past 10 years.
Growing Dividend: BIRLACORPN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.4%), BIRLACORPN's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIRLACORPN's dividends in 3 years are forecast to be thoroughly covered by earnings (12.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pracheta Majumdar (76 yo)
Shri. Pracheta Majumdar has been Chief Executive Officer of Birla Corporation Limited since August 2, 2019. He was the Chief Management Advisor at Birla Corporation Limited since May 20, 2013 until August ...
CEO Compensation Analysis
Compensation vs Market: Pracheta's total compensation ($USD167.00K) is below average for companies of similar size in the Indian market ($USD378.45K).
Compensation vs Earnings: Pracheta's compensation has been consistent with company performance over the past year.
|CEO & Wholetime Director||1yr||₹12.51m||0.00065% |
|Chief Financial Officer||8.08yrs||₹14.50m||0.00013% |
|Joint President of Indirect Taxes||8.08yrs||₹6.46m||no data|
|Chief Operating Officer||1.33yrs||no data||no data|
|Head of Corporate HR||no data||no data||no data|
|President of Chanderia Unit||no data||no data||no data|
|Executive President of Operation||1.33yrs||no data||no data|
|President of Satna Cement Works||no data||no data||no data|
|President of Maihar Integrated Unit||no data||no data||no data|
|Joint President of Durgapur Cement Works & Durga Hitech Cement||1.58yrs||no data||no data|
|Senior VP & Unit Head of Kundanganj Unit||1.58yrs||no data||no data|
|President of Birla Jute Mills||no data||no data||no data|
Experienced Management: BIRLACORPN's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|CEO & Wholetime Director||1yr||₹12.51m||0.00065% |
|Independent Non-Executive Director||12.83yrs||₹550.00k||0.00065% |
|Non-Executive Chairman||10.83yrs||₹700.00k||0.0016% |
|Independent Non-Executive Director||10.33yrs||₹1.00m||0.00065% |
|Independent Non-Executive Director||16.33yrs||₹1.25m||0.00065% |
|Independent Non-Executive Director||13.25yrs||₹375.00k||0.00065% |
|Independent Non-Executive Director||14.08yrs||₹1.10m||0.00065% |
|Independent Non-Executive Director||5.5yrs||₹550.00k||0.00065% |
|Non-Independent Non-Executive Director||2.75yrs||₹450.00k||0.00065% |
Experienced Board: BIRLACORPN's board of directors are seasoned and experienced ( 12.8 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: BIRLACORPN
- Exchange: NSEI
- Founded: 1919
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹49.276b
- 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 c ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/07 12:51|
|End of Day Share Price||2020/08/06 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.