Tillkännagivande • Apr 29
Birlasoft Limited to Report Q4, 2026 Results on May 06, 2026 Birlasoft Limited announced that they will report Q4, 2026 results on May 06, 2026 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹385, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Software industry in India. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹185 per share. Reported Earnings • Jan 29
Third quarter 2026 earnings: EPS exceeds analyst expectations Third quarter 2026 results: EPS: ₹4.28 (up from ₹4.20 in 3Q 2025). Revenue: ₹13.8b (up 1.2% from 3Q 2025). Net income: ₹1.20b (up 2.5% from 3Q 2025). Profit margin: 8.7% (up from 8.6% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Tillkännagivande • Jan 20
Birlasoft Limited to Report Q3, 2026 Results on Jan 28, 2026 Birlasoft Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Jan 28, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: ₹4.16 (vs ₹4.59 in 2Q 2025) Second quarter 2026 results: EPS: ₹4.16 (down from ₹4.59 in 2Q 2025). Revenue: ₹13.5b (down 3.0% from 2Q 2025). Net income: ₹1.16b (down 8.9% from 2Q 2025). Profit margin: 8.6% (down from 9.2% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Tillkännagivande • Oct 29
Birlasoft Limited to Report Q2, 2026 Results on Nov 06, 2025 Birlasoft Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Price Target Changed • Aug 10
Price target decreased by 7.0% to ₹410 Down from ₹441, the current price target is an average from 14 analysts. New target price is 10% above last closing price of ₹372. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₹17.07 for next year compared to ₹18.64 last year. Tillkännagivande • Aug 02
Birlasoft Limited to Report Q1, 2026 Results on Aug 07, 2025 Birlasoft Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • Jul 15
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: ₹18.64 (down from ₹22.54 in FY 2024). Revenue: ₹53.8b (up 1.8% from FY 2024). Net income: ₹5.17b (down 17% from FY 2024). Profit margin: 9.6% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 06
Final dividend of ₹4.00 announced Dividend of ₹4.00 is the same as last year. Ex-date: 18th July 2025 Payment date: 5th September 2025 Dividend yield will be 1.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jul 06
Birlasoft Limited, Annual General Meeting, Aug 06, 2025 Birlasoft Limited, Annual General Meeting, Aug 06, 2025, at 14:30 Indian Standard Time. Price Target Changed • May 31
Price target decreased by 13% to ₹449 Down from ₹517, the current price target is an average from 13 analysts. New target price is 12% above last closing price of ₹400. Stock is down 34% over the past year. The company is forecast to post earnings per share of ₹19.65 for next year compared to ₹18.64 last year. Reported Earnings • May 29
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: ₹18.64 (down from ₹22.54 in FY 2024). Revenue: ₹54.8b (up 3.9% from FY 2024). Net income: ₹5.17b (down 17% from FY 2024). Profit margin: 9.4% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Price Target Changed • May 27
Price target decreased by 8.7% to ₹506 Down from ₹555, the current price target is an average from 13 analysts. New target price is 22% above last closing price of ₹415. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₹18.54 for next year compared to ₹22.54 last year. Tillkännagivande • May 23
Birlasoft Limited to Report Q4, 2025 Results on May 28, 2025 Birlasoft Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 28, 2025 Recent Insider Transactions • Feb 20
Insider recently sold ₹100m worth of stock On the 14th of February, Jigar Vakharia sold around 199k shares on-market at roughly ₹501 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹400m more than they bought in the last 12 months. Reported Earnings • Feb 12
Third quarter 2025 earnings: EPS in line with expectations, revenues disappoint Third quarter 2025 results: EPS: ₹4.20 (down from ₹5.82 in 3Q 2024). Revenue: ₹13.6b (up 1.5% from 3Q 2024). Net income: ₹1.17b (down 27% from 3Q 2024). Profit margin: 8.6% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 11
Birlasoft Limited Announces Executive Changes Birlasoft Limited noted the relinquishment by Mr. Arun Dinakar Rao, of the role of Chief People Officer ("CPO") & a Senior Management Personnel ("SMP") of the Company, due to his transitioning into a new role with the Company, at its board of directors meeting held on February 11, 2025. Consequently, Mr. Rao will cease to be the CPO & SMP of the Company effective close of business hours on February 11, 2025; and Approved the appointment of Ms. Priti Kataria as the Chief People Officer and Senior Management Personnel of the Company with effect from February 12, 2025. Ms. Priti Kataria brings over 26 years of HR leadership experience in the IT industry, with a strong business focus and expertise in global talent strategy, change management, and organizational transformation. She has successfully led HR initiatives for a 125k+ global workforce, driving collaboration and impact in complex, matrix organization. She joins from Wipro, where she served as Sr. Vice President & CHRO - Wipro Enterprise Futuring (WEF), leading large-scale HR transformations, talent strategy, leadership development, and culture-building initiatives. Ms. Kataria is passionate about building a strong employer brand, fostering a high-performance culture, strengthen the company's employer brand, and driving an agile, people-centric organization. Ms. Kataria is pursuing PhD in Organizational Behaviour and Human Resources (OB and HR) from IIM Indore, and has a Masters Degree in Personnel Management and Industrial Relations from Tata Institute of Social Sciences (TISS). Tillkännagivande • Feb 03
Birlasoft Limited to Report Q3, 2025 Results on Feb 11, 2025 Birlasoft Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Tillkännagivande • Jan 08
Birlasoft Limited Announces the Resignation of Roopinder Singh as Chief Executive Officer - Americas, Effective February 7, 2025 Birlasoft Limited announced that Mr. Roopinder Singh, a Senior Management Personnel of the Company responsible for the Americas geography as "Chief Executive Officer - Americas", has tendered his resignation from the services of the Company due to personal reasons with effect from February 7, 2025. Tillkännagivande • Nov 05
Birlasoft Limited Appoints Madhavi Bhalerao as the Head-Internal Audit and Senior Management Personnel Birlasoft Limited announced that Ms. Madhavi Bhalerao has been appointed as the Head-Internal Audit and Senior Management Personnel of the Company with effect from November 5, 2024. Madhavi Bhalerao is a certified Chartered Accountant (ICAI, India), certified Internal Auditor (IIA, USA), and Financial Risk Manager (GARP, USA) with over two decades of experience in internal audit and risk management across diverse industries including IT, Engineering, and Automobile. Prior to joining Birlasoft, she worked with Honeywell Automation India Limited. Her key achievements include implementing risk-based audit planning and identifying automation opportunities that strengthened global controls. Madhavi has proven ability to enhance operational efficiency, governance and compliance, with a focus on cost optimization and process improvement. Recent Insider Transactions • Nov 03
CEO, MD & Director recently sold ₹8.5m worth of stock On the 28th of October, Angan Guha sold around 15k shares on-market at roughly ₹569 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹46m. Angan has been a net seller over the last 12 months, reducing personal holdings by ₹103m. Declared Dividend • Oct 25
First half dividend of ₹2.50 announced Shareholders will receive a dividend of ₹2.50. Ex-date: 31st October 2024 Payment date: 22nd November 2024 Dividend yield will be 1.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 24
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: ₹4.59 (down from ₹5.24 in 2Q 2024). Revenue: ₹13.9b (up 6.4% from 2Q 2024). Net income: ₹1.28b (down 12% from 2Q 2024). Profit margin: 9.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Tillkännagivande • Oct 15
Birlasoft Limited to Report Q2, 2025 Results on Oct 23, 2024 Birlasoft Limited announced that they will report Q2, 2025 results on Oct 23, 2024 Price Target Changed • Sep 26
Price target decreased by 8.3% to ₹722 Down from ₹788, the current price target is an average from 13 analysts. New target price is 17% above last closing price of ₹616. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹22.78 for next year compared to ₹22.54 last year. Recent Insider Transactions • Sep 19
Insider recently sold ₹5.0m worth of stock On the 13th of September, Praveen Siddanvar sold around 8k shares on-market at roughly ₹661 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹46m. Insiders have been net sellers, collectively disposing of ₹266m more than they bought in the last 12 months. Recent Insider Transactions • Aug 15
CEO, MD & Director recently sold ₹46m worth of stock On the 9th of August, Angan Guha sold around 80k shares on-market at roughly ₹580 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Angan has been a net seller over the last 12 months, reducing personal holdings by ₹95m. Tillkännagivande • Jul 22
Birlasoft Limited to Report Q1, 2025 Results on Jul 31, 2024 Birlasoft Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • Jul 09
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹22.54 (up from ₹11.97 in FY 2023). Revenue: ₹52.8b (up 10% from FY 2023). Net income: ₹6.24b (up 88% from FY 2023). Profit margin: 12% (up from 6.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jun 29
Final dividend increased to ₹4.00 Dividend of ₹4.00 is 100% higher than last year. Ex-date: 12th July 2024 Payment date: 30th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 29
Birlasoft Limited, Annual General Meeting, Jul 31, 2024 Birlasoft Limited, Annual General Meeting, Jul 31, 2024, at 14:30 Indian Standard Time. Recent Insider Transactions • Jun 21
Insider recently sold ₹2.1m worth of stock On the 13th of June, Praveen Siddanvar sold around 3k shares on-market at roughly ₹688 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹48m. Insiders have been net sellers, collectively disposing of ₹237m more than they bought in the last 12 months. Recent Insider Transactions • May 09
CEO, MD & Additional Director recently sold ₹48m worth of stock On the 3rd of May, Angan Guha sold around 75k shares on-market at roughly ₹642 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Angan's only on-market trade for the last 12 months. Price Target Changed • May 01
Price target decreased by 8.2% to ₹778 Down from ₹847, the current price target is an average from 12 analysts. New target price is 20% above last closing price of ₹650. Stock is up 136% over the past year. The company is forecast to post earnings per share of ₹24.75 for next year compared to ₹22.54 last year. Reported Earnings • Apr 30
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹22.54 (up from ₹11.97 in FY 2023). Revenue: ₹53.8b (up 12% from FY 2023). Net income: ₹6.24b (up 88% from FY 2023). Profit margin: 12% (up from 6.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Apr 30
Birlasoft Limited Recommends Final Dividend for the Financial Year 2023-24 Birlasoft Limited announced that at its Board Meeting held on April 29, 2024, approved the recommendation of final dividend of INR 4/- per equity share of face value of INR 2/- each (200%), for the financial year 2023-24, subject to declaration of the same by the Members at the up coming Annual General Meeting ("AGM") of the Company. The date of AGM shall be intimated in due course, and the dividend, if declared by the Members, will be paid within the statutory timelines. Tillkännagivande • Apr 21
Birlasoft Limited to Report Q4, 2024 Results on Apr 29, 2024 Birlasoft Limited announced that they will report Q4, 2024 results on Apr 29, 2024 Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Manish Choksi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 22
Birlasoft Limited Appoints Manish Choksi as Independent Director Birlasoft Limited as part of a special resolution, the members approved the appointment of Mr. Manish Choksi (DIN:00026496) as an Independent Director of the company for a term of 5 (five) years. Recent Insider Transactions • Mar 09
Insider recently sold ₹3.9m worth of stock On the 4th of March, Praveen Siddanvar sold around 5k shares on-market at roughly ₹789 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹43m. Insiders have been net sellers, collectively disposing of ₹271m more than they bought in the last 12 months. Recent Insider Transactions • Feb 13
Insider recently sold ₹43m worth of stock On the 6th of February, Nitesh Mirchandani sold around 50k shares on-market at roughly ₹856 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹278m more than they bought in the last 12 months. Recent Insider Transactions • Feb 03
Company Secretary & Compliance Officer recently sold ₹4.7m worth of stock On the 30th of January, Sneha Padve sold around 6k shares on-market at roughly ₹837 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹18m. Insiders have been net sellers, collectively disposing of ₹231m more than they bought in the last 12 months. Price Target Changed • Jan 25
Price target increased by 13% to ₹801 Up from ₹709, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹818. Stock is up 176% over the past year. The company is forecast to post earnings per share of ₹21.69 for next year compared to ₹11.96 last year. Reported Earnings • Jan 25
Third quarter 2024 earnings: EPS exceeds analyst expectations Third quarter 2024 results: EPS: ₹5.82 (up from ₹0.59 loss in 3Q 2023). Revenue: ₹13.7b (up 12% from 3Q 2023). Net income: ₹1.61b (up ₹1.77b from 3Q 2023). Profit margin: 12% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 17
Birlasoft Limited to Report Q3, 2024 Results on Jan 24, 2024 Birlasoft Limited announced that they will report Q3, 2024 results on Jan 24, 2024 Tillkännagivande • Jan 12
Birlasoft Limited Announces Cessation of Independent Directors Birlasoft Limited announced that Mr. Ashok Kumar Barat and Ms. Nandita Gurjar are completing their term as Independent Directors of the Company on January 14, 2024, and consequently will cease to be the Directors of the Company effective the end of business hours of the said date. Tillkännagivande • Jan 02
Birlasoft Limited Appoints Manjunath Kygonahally as Chief Executive Officer for Rest of the World Region Birlasoft Ltd. announced the appointment of Manjunath Kygonahally (Manju) as Chief Executive Officer (CEO) for Rest of the World (ROW) region, effective January 2, 2024. He will be based in the UK. Manju would be responsible for all business and strategic growth initiatives in the ROW region, comprising of all regions outside of the Americas. Manju is a seasoned services industry professional with diversified industry expertise spanning Market Strategy, Business Development, Service Delivery, and Operations. With a strong foundation in P&L and client relationship management, Manju has adeptly built high performing teams, demonstrating a proven track record across the United States, United Kingdom & Ireland, and Europe. In his previous role, Manju was leading the Communications, Media & Entertainment (CMT) business for Cognizant's Global Growth Markets based out of London. Over his twenty-five-year tenure, he held multiple leadership positions, where he conceptualized and spearheaded numerous strategic programs across various business units. Price Target Changed • Jan 01
Price target increased by 8.2% to ₹639 Up from ₹591, the current price target is an average from 11 analysts. New target price is 9.0% below last closing price of ₹702. Stock is up 136% over the past year. The company is forecast to post earnings per share of ₹20.84 for next year compared to ₹11.96 last year. Recent Insider Transactions • Dec 28
Insider recently sold ₹11m worth of stock On the 22nd of December, Ganesan Karuppanaicker sold around 15k shares on-market at roughly ₹733 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹18m. Insiders have been net sellers, collectively disposing of ₹222m more than they bought in the last 12 months. Recent Insider Transactions • Dec 07
Insider recently sold ₹4.9m worth of stock On the 1st of December, Praveen Siddanvar sold around 8k shares on-market at roughly ₹632 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹18m. Insiders have been net sellers, collectively disposing of ₹209m more than they bought in the last 12 months. Recent Insider Transactions • Nov 19
Insider recently sold ₹18m worth of stock On the 15th of November, Arun Rao sold around 30k shares on-market at roughly ₹601 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹195m more than they bought in the last 12 months. Tillkännagivande • Nov 01
Birlasoft Limited Declares Interim Dividend for the Financial Year 2023-24 Birlasoft Limited at its board meeting held on October 31, 2023 declared Interim Dividend of INR 2.50/- per equity share (i.e. 125%) of face value of INR 2/- each, for the financial year 2023-24, to be paid to the Members of the Company within 30 days from the declaration by the Board, as per the provisions of Companies Act, 2013, and the Rules made thereunder. Price Target Changed • Nov 01
Price target increased by 16% to ₹581 Up from ₹502, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹574. Stock is up 106% over the past year. The company is forecast to post earnings per share of ₹20.80 for next year compared to ₹11.96 last year. Reported Earnings • Nov 01
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: ₹5.24 (up from ₹4.12 in 2Q 2023). Revenue: ₹13.3b (up 11% from 2Q 2023). Net income: ₹1.45b (up 26% from 2Q 2023). Profit margin: 11% (up from 9.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Oct 24
Birlasoft Limited to Report Q2, 2024 Results on Oct 31, 2023 Birlasoft Limited announced that they will report Q2, 2024 results on Oct 31, 2023 Tillkännagivande • Oct 18
Birlasoft Limited Appoints Selvakumaran Mannappan as Chief Operating Officer and Senior Management Personnel Birlasoft Limited appointed Mr. Selvakumaran Mannappan has been appointed as the Chief Operating Officer and Senior Management Personnel of the Company with effect from October 18, 2023. Selva will be instrumental in elevating Birlasoft's delivery excellence strategy embodying technologies to deliver exceptional value to customers. Selva has over 29 years of experience in the IT industry, and a proven track record of delivering innovative and scalable solutions to customers across the globe. In his previous role, Selva was the Delivery Head of BFSIAmericas (Banking, Financial Services & Insurance) at Cognizant Technology Solutions. Price Target Changed • Oct 05
Price target increased by 8.0% to ₹499 Up from ₹462, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹492. Stock is up 71% over the past year. The company is forecast to post earnings per share of ₹20.49 for next year compared to ₹11.96 last year. Recent Insider Transactions • Aug 30
Insider recently sold ₹7.1m worth of stock On the 24th of August, Ganesan Karuppanaicker sold around 15k shares on-market at roughly ₹475 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹287m more than they bought in the last 12 months. Recent Insider Transactions • Aug 12
Insider recently sold ₹6.9m worth of stock On the 8th of August, Ajit Chawla sold around 15k shares on-market at roughly ₹449 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹51m. Insiders have been net sellers, collectively disposing of ₹279m more than they bought in the last 12 months. Price Target Changed • Jul 29
Price target increased by 12% to ₹400 Up from ₹356, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹416. Stock is up 24% over the past year. The company is forecast to post earnings per share of ₹20.18 for next year compared to ₹11.96 last year. Reported Earnings • Jul 08
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: ₹11.97 (down from ₹16.63 in FY 2022). Revenue: ₹47.9b (up 16% from FY 2022). Net income: ₹3.32b (down 28% from FY 2022). Profit margin: 6.9% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 07
Upcoming dividend of ₹2.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 26 August 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.6%). Tillkännagivande • Jun 27
Birlasoft Limited, Annual General Meeting, Jul 27, 2023 Birlasoft Limited, Annual General Meeting, Jul 27, 2023, at 14:30 Indian Standard Time. Price Target Changed • Jun 15
Price target increased by 7.7% to ₹351 Up from ₹325, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹335. Stock is down 2.2% over the past year. The company is forecast to post earnings per share of ₹19.13 for next year compared to ₹11.96 last year. Recent Insider Transactions • Jun 11
Insider recently sold ₹1.8m worth of stock On the 8th of June, Praveen Siddanvar sold around 5k shares on-market at roughly ₹340 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹51m. Insiders have been net sellers, collectively disposing of ₹384m more than they bought in the last 12 months. Recent Insider Transactions • May 14
COO & Member of Executive Board recently sold ₹6.1m worth of stock On the 11th of May, Shreeranganath Kulkarni sold around 20k shares on-market at roughly ₹307 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹6.4m. This was Shreeranganath's only on-market trade for the last 12 months. Tillkännagivande • May 10
Birlasoft Limited Announces Cessation of Alka Bharucha as Independent Director, Effective May 22, 2023 Birlasoft Limited announced that at its board meeting held on May 8, 2023, the board noted that Ms. Alka Bharucha will complete her term as independent director of the company on May 22, 2023 and consequently will cease to be a director of the company with effect from the end of business hours of the May 22, 2023; and placed on record its appreciation for the contribution made by her during her tenure. Tillkännagivande • May 09
Birlasoft Limited Recommends Final Dividend for the Financial Year 2022-2023 Birlasoft Limited announced that at its board meeting held on May 8, 2023, recommendation of final dividend of INR 2 per equity share of face value of INR 2 each (100%), for the financial year 2022-2023, subject to declaration of the same by the members at the upcoming Annual General Meeting (AGM) of the company. The date of AGM shall be intimated in due course, and the dividend, if declared by the members, will be paid within the statutory timelines. Reported Earnings • May 09
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: ₹11.96 (down from ₹16.63 in FY 2022). Revenue: ₹48.2b (up 17% from FY 2022). Net income: ₹3.32b (down 28% from FY 2022). Profit margin: 6.9% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 24
Insider recently sold ₹3.7m worth of stock On the 20th of February, Anjan Sen sold around 13k shares on-market at roughly ₹292 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹268m more than they bought in the last 12 months. Reported Earnings • Feb 05
Third quarter 2023 earnings: EPS misses analyst expectations Third quarter 2023 results: ₹0.59 loss per share (down from ₹4.07 profit in 3Q 2022). Revenue: ₹12.2b (up 14% from 3Q 2022). Net loss: ₹163.6m (down 114% from profit in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 04
Price target decreased by 7.3% to ₹354 Down from ₹382, the current price target is an average from 12 analysts. New target price is 32% above last closing price of ₹268. Stock is down 43% over the past year. The company is forecast to post earnings per share of ₹16.15 for next year compared to ₹16.63 last year. Tillkännagivande • Jan 25
Birlasoft Limited to Report Q3, 2023 Results on Feb 02, 2023 Birlasoft Limited announced that they will report Q3, 2023 results on Feb 02, 2023 Tillkännagivande • Jan 03
Birlasoft Limited Announces Resignation of Chandrasekar Thyagarajan as Chief Financial Officer Birlasoft Limited announced that Mr. Chandrasekar Thyagarajan - Chief Financial Officer and Key Managerial Personnel of the Company, has tendered his resignation vide letter dated January 2, 2023, due to personal reasons and he will be relieved from his duties effective end of business hours of February 2, 2023. Mr. Thyagarajan will also cease to be a Key Managerial Personnel under the provisions of Section 203 and other applicable provisions, if any, of the Companies Act, 2013 and Regulation 30(5) of the SEBI LODR Regulations for determining the materiality of any event or transaction for making the required disclosures to the Stock Exchange with effect from close of business hours of February 2, 2023. Recent Insider Transactions • Dec 27
Insider recently sold ₹3.0m worth of stock On the 21st of December, Girish Naik sold around 10k shares on-market at roughly ₹304 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹100m. Insiders have been net sellers, collectively disposing of ₹286m more than they bought in the last 12 months. Recent Insider Transactions • Dec 17
Insider recently sold ₹3.1m worth of stock On the 13th of December, Girish Naik sold around 10k shares on-market at roughly ₹306 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹100m. Insiders have been net sellers, collectively disposing of ₹307m more than they bought in the last 12 months. Recent Insider Transactions • Nov 19
Insider recently sold ₹2.8m worth of stock On the 15th of November, Madan Mewari sold around 10k shares on-market at roughly ₹284 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹100m. Insiders have been net sellers, collectively disposing of ₹331m more than they bought in the last 12 months. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. MD, CEO & Director DK Kapoor was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 11
Insider recently sold ₹1.4m worth of stock On the 2nd of November, Ajay Tiwari sold around 5k shares on-market at roughly ₹280 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹120m. Insiders have been net sellers, collectively disposing of ₹333m more than they bought in the last 12 months. Recent Insider Transactions • Nov 04
MD, CEO & Director recently sold ₹100m worth of stock On the 27th of October, Dharmander Kapoor sold around 370k shares on-market at roughly ₹271 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹120m. Dharmander has been a net seller over the last 12 months, reducing personal holdings by ₹220m. Price Target Changed • Oct 29
Price target decreased to ₹370 Down from ₹401, the current price target is an average from 11 analysts. New target price is 41% above last closing price of ₹263. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₹17.77 for next year compared to ₹16.63 last year. Upcoming Dividend • Oct 25
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 01 November 2022. Payment date: 20 November 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (1.8%). Reported Earnings • Oct 22
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: ₹4.12 (up from ₹3.71 in 2Q 2022). Revenue: ₹11.9b (up 18% from 2Q 2022). Net income: ₹1.15b (up 12% from 2Q 2022). Profit margin: 9.7% (in line with 2Q 2022). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 1.1%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Oct 12
Birlasoft Limited to Report Q2, 2023 Results on Oct 21, 2022 Birlasoft Limited announced that they will report Q2, 2023 results at 4:00 PM, Indian Standard Time on Oct 21, 2022 Recent Insider Transactions • Sep 11
Head of Investor Relations recently sold ₹11m worth of stock On the 8th of September, Vikas Jadhav sold around 35k shares on-market at roughly ₹321 per share. This transaction amounted to 78% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹120m. Insiders have been net sellers, collectively disposing of ₹241m more than they bought in the last 12 months. Recent Insider Transactions • Aug 24
Insider recently sold ₹7.9m worth of stock On the 16th of August, Rajesh Gawade sold around 24k shares on-market at roughly ₹335 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹120m. Insiders have been net sellers, collectively disposing of ₹229m more than they bought in the last 12 months. Recent Insider Transactions • Aug 18
MD, CEO & Director recently sold ₹120m worth of stock On the 12th of August, Dharmender Kapoor sold around 350k shares on-market at roughly ₹343 per share. This was the largest sale by an insider in the last 3 months. This was Dharmender's only on-market trade for the last 12 months. Price Target Changed • Aug 05
Price target decreased to ₹428 Down from ₹473, the current price target is an average from 10 analysts. New target price is 24% above last closing price of ₹346. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₹18.59 for next year compared to ₹16.63 last year. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Director Roopinder Singh was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.