Cement & Cement Products
Valuation | |
|---|---|
| Market Cap | 7.79 kCr |
| Price/Earnings (Trailing) | 15 |
| Price/Sales (Trailing) | 0.8 |
| EV/EBITDA | 7.07 |
| Price/Free Cashflow | 7.44 |
| MarketCap/EBT | 10.88 |
| Enterprise Value | 10.82 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -3.9% |
| Price Change 1M | -3.7% |
| Price Change 6M | -21.9% |
| Price Change 1Y | 0.20% |
| 3Y Cumulative Return | 4.3% |
| 5Y Cumulative Return | 3.1% |
| 7Y Cumulative Return | 11.9% |
| 10Y Cumulative Return | 11.3% |
| Revenue (TTM) |
| 9.76 kCr |
| Rev. Growth (Yr) | -4.1% |
| Earnings (TTM) | 519.41 Cr |
| Earnings Growth (Yr) | 69.2% |
Profitability | |
|---|---|
| Operating Margin | 8% |
| EBT Margin | 7% |
| Return on Equity | 7.27% |
| Return on Assets | 3.68% |
| Free Cashflow Yield | 13.44% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -885.69 Cr |
| Cash Flow from Operations (TTM) | 1.67 kCr |
| Cash Flow from Financing (TTM) | -822.72 Cr |
| Cash & Equivalents | 42.35 Cr |
| Free Cash Flow (TTM) | 1.22 kCr |
| Free Cash Flow/Share (TTM) | 158.98 |
Balance Sheet | |
|---|---|
| Total Assets | 14.12 kCr |
| Total Liabilities | 6.97 kCr |
| Shareholder Equity | 7.15 kCr |
| Current Assets | 2.76 kCr |
| Current Liabilities | 2.66 kCr |
| Net PPE | 8.38 kCr |
| Inventory | 981.75 Cr |
| Goodwill | 3 L |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.22 |
| Debt/Equity | 0.43 |
| Interest Coverage | 1.6 |
| Interest/Cashflow Ops | 6.35 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 10 |
| Dividend Yield | 0.99% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Momentum: Stock is suffering a negative price momentum. Stock is down -3.7% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided 4.3% return compared to 12.8% by NIFTY 50.
Technicals: SharesGuru indicator is Bearish.
Smart Money: Smart money looks to be reducing their stake in the stock.
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Momentum: Stock is suffering a negative price momentum. Stock is down -3.7% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided 4.3% return compared to 12.8% by NIFTY 50.
Technicals: SharesGuru indicator is Bearish.
Smart Money: Smart money looks to be reducing their stake in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 0.99% |
| Dividend/Share (TTM) | 10 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 67.45 |
Financial Health | |
|---|---|
| Current Ratio | 1.04 |
| Debt/Equity | 0.43 |
Technical Indicators | |
|---|---|
| RSI (14d) | 40.45 |
| RSI (5d) | 12.36 |
| RSI (21d) | 43.22 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of Birla Corp's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q3 FY '26 earnings call, management of Birla Corporation presented a cautious yet optimistic outlook, emphasizing a strategic focus on the trade segment, blended cement, and cost-efficiency measures. The Managing Director, Sandip Ghose, noted a commitment to maintaining steady capacity utilization and a premium product mix, while increasing efficiencies in logistics, leading to a reduced lead distance of 328 kilometers.
Management highlighted that the company has achieved a significant increase in trade sales proportion and premium cement sales, up to 63%, thus enhancing overall clinker realizations. Despite facing challenges like limited non-trade sales due to increased competition, particularly from larger players focusing on non-trade segments, Birla Corporation maintained its price discipline and brand integrity.
For the capex, management indicated an investment of around INR 800 crores for the full year, with future expansions in Kundanganj projected for FY "˜27 and FY "˜28, ultimately raising capacity to 27.6 million tonnes by FY "˜29. Net debt stands at INR 2,550 crores, with a reduction in fuel costs, averaging INR 1.47 per thousand kilograms, anticipated for Q4.
Key forward-looking points include:
Overall, while acknowledging current market challenges, the management's strategic focus aims for steady growth and enhanced profitability through disciplined pricing and capacity expansions.
Understand Birla Corp ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Hindustan Medical Institution | 9.3% |
| Vindhya Telelinks Ltd. | 8.29% |
| August Agents Ltd. | 7.81% |
| Insilco Agents Ltd. | 7.8% |
| Laneseda Agents Ltd. | 7.78% |
| The Punjab Produce and Trading Company Private Ltd. | 5.87% |
| Punjab Produce Holdings Ltd. | 4.76% |
Detailed comparison of Birla Corp against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | UltraTech Cement | 3.76 LCr | 86.37 kCr | +4.40% | +13.10% | 48.99 | 4.36 | - | - |
| AMBUJACEM | Ambuja Cements | 1.27 LCr |
Comprehensive comparison against sector averages
BIRLACORPN metrics compared to Cement
| Category | BIRLACORPN | Cement |
|---|---|---|
| PE | 15.00 | 32.67 |
| PS | 0.80 | 2.27 |
| Growth | 6.9 % | 15 % |
Birla Corporation Limited manufactures and sells cement and clinker in India and internationally. 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 brands used in bridges, dams, railway sleepers, reservoirs, industrial buildings, marine structures, cooling towers, metro lines, and airport runways. In addition, the company manufactures various jute products, such as jute yarn, floor and wall coverings, decorative fabrics, scrims, jute carpets, non-woven jute felts, hydrocarbon-free bags/cloths, carpet backing cloths, which are used in mats, yarns, ropes, bags, carpets, and panama. Further, it offers iron and steel castings. The company exports its products. The company was formerly known as Birla Jute Manufacturing Company Limited and changed its name to Birla Corporation Limited in 1998. The company was incorporated in 1919 and is based in Kolkata, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
BIRLACORPN vs Cement (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Question 1: Can you provide key data points such as Mukutban volume for this quarter, the cash cost ratio, capex for 9 months, net debt, and incentives for Q3?
Answer: Mukutban's volume for the quarter was 6.3 lakh tonnes, with a cash cost ratio of 0.61 at the individual level and approximately 1.6 at the consolidated level. For capex over the nine months, it was around INR 300 crores. Our net debt stands at INR 2,550 crores, and the incentives booked this quarter totaled about INR 8 crores.
Question 2: Given the significant growth in trade and premium volumes, how do you plan to proceed with non-trade sales, and what are your volume growth expectations going forward?
Answer: We do not prioritize non-trade prices; our focus is firmly on trade volumes. We will only consider non-trade sales when it aligns with our broader strategy. We're targeting an overall volume growth of 4% to 5%, in line with industry trends, and anticipate stronger demand in the upcoming quarter, particularly with the Kundanganj plant expected online soon.
Question 3: Your unit cost of production has decreased significantly, but profitability seems to be lagging. What might be the cause of this discrepancy?
Answer: The profitability concerns stem from pricing pressures, particularly in the Central region where prices have been depressed. Although we've enhanced our blended product share, the overall realization hasn't improved enough to offset costs, particularly as some plants experienced volume challenges due to various issues.
Question 4: Regarding your market share in non-trade sales, how do you see your positioning?
Answer: We focus mainly on the trade segment where we've likely maintained or even improved our market share. Non-trade isn't our target, and we are unconcerned about this aspect. Our strategy is to prioritize trade sales, thereby establishing a stronger presence and brand loyalty in that segment.
Question 5: Can you elaborate on the timeline for your upcoming expansions in the central region?
Answer: Kundanganj Line-III is expected to come online this quarter, while Maihar's Line-2 expansion is slated for FY '28. By then, we plan to increase our capacity to 24.2 million tonnes. Further expansions aimed at reaching 27.6 million tonnes will continue into FY '29.
Question 6: Can you clarify the impact of the recent mine cancellation in Rajasthan on your business plans?
Answer: We're currently examining the situation regarding the mine cancellation, and any legal options will be explored if necessary. This mine was intended for expansion purposes, so the implications could be significant, but we're looking into various alternatives to mitigate the impact.
| Eastern India Educational Institution | 4.36% |
| HDFC MUTUAL FUND (Shares held in their various schemes) | 3.59% |
| NIPPON LIFE INDIA TRUSTEE LTD (Shares held in their various Schemes) | 3.5% |
| HSBC MUTUAL FUND (Shares held in their various Schemes) | 2.42% |
| Gwalior Webbing Co. Pvt. Ltd. | 2.31% |
| ICICI PRUDENTIAL MUTUAL FUND (Shares held in their various Schemes) | 2.14% |
| Mazbat Tea Estate Ltd. | 1.91% |
| INDIA CAPITAL FUND LIMITED | 1.62% |
| Baroda Agents & Trading Co. Pvt. Ltd. | 1.19% |
| Universal Cables Ltd. | 0.39% |
| Hindustan Gum & Chemicals Ltd. | 0.35% |
| Belle Vue Clinic | 0.23% |
| South Point Foundation | 0.18% |
Distribution across major stakeholders
Distribution across major institutional holders
| 40.8 kCr |
| -5.00% |
| +6.00% |
| 34.02 |
| 3.1 |
| - |
| - |
| SHREECEM | Shree Cements | 95.65 kCr | 21.09 kCr | -3.10% | -7.00% | 53.37 | 4.53 | - | - |
| DALBHARAT | DALMIA BHARAT | 38.83 kCr | 14.92 kCr | -7.30% | +16.00% | 32.73 | 2.6 | - | - |
| -10.6% |
| 2,064 |
| 2,309 |
| 2,497 |
| 2,231 |
| 2,005 |
| 2,163 |
| Profit Before exceptional items and Tax | -35.8% | 114 | 177 | 367 | 41 | -35.69 | 44 |
| Exceptional items before tax | - | -34.14 | 0 | -38.37 | 0 | 0 | 0 |
| Total profit before tax | -55.1% | 80 | 177 | 328 | 41 | -35.69 | 44 |
| Current tax | -36.4% | 22 | 34 | 77 | 7.47 | -6.94 | 7.14 |
| Deferred tax | -80.7% | 5.43 | 24 | -5.29 | 2.68 | -3.56 | 4.24 |
| Total tax | -54.4% | 27 | 58 | 72 | 10 | -10.5 | 11 |
| Total profit (loss) for period | -56.3% | 53 | 120 | 257 | 31 | -25.19 | 33 |
| Other comp. income net of taxes | -107.5% | -8.4 | 126 | -137.84 | -70.16 | 158 | 173 |
| Total Comprehensive Income | -82.4% | 44 | 246 | 119 | -38.97 | 133 | 205 |
| Earnings Per Share, Basic | -59.7% | 6.85 | 15.53 | 33.32 | 4.06 | -3.27 | 4.24 |
| Earnings Per Share, Diluted | -59.7% | 6.85 | 15.53 | 33.32 | 4.06 | -3.27 | 4.24 |
| Debt equity ratio | 0% | 046 | 049 | 056 | 061 | 0.01 | 061 |
| Debt service coverage ratio | 1.2% | 0.0216 | 0.0101 | 0.0186 | 0.013 | 0.01 | 099 |
| Interest service coverage ratio | -1.2% | 0.0425 | 0.0535 | 0.0742 | 0.0317 | 0.02 | 0.0321 |
| 0.5% |
| 385 |
| 383 |
| 361 |
| 333 |
| 298 |
| 298 |
| Finance costs | -10.9% | 99 | 111 | 107 | 101 | 130 | 185 |
| Depreciation and Amortization | -1.4% | 211 | 214 | 187 | 177 | 161 | 151 |
| Other expenses | -5.8% | 3,212 | 3,408 | 3,734 | 2,965 | 2,515 | 2,784 |
| Total Expenses | -6.4% | 5,126 | 5,478 | 5,470 | 4,581 | 4,123 | 4,408 |
| Profit Before exceptional items and Tax | -42.9% | 166 | 290 | 74 | 304 | 430 | 421 |
| Exceptional items before tax | -117.3% | 0 | 6.78 | -25.46 | -31.44 | 0 | 0 |
| Total profit before tax | -44.1% | 166 | 296 | 48 | 272 | 430 | 421 |
| Current tax | -41.8% | 33 | 56 | 9.98 | 49 | 87 | 57 |
| Deferred tax | -94.7% | 3.17 | 42 | -7.03 | 20 | -84.82 | 48 |
| Total tax | -62.9% | 37 | 98 | 2.95 | 70 | 1.85 | 105 |
| Total profit (loss) for period | -35% | 129 | 198 | 45 | 203 | 429 | 316 |
| Other comp. income net of taxes | -57.2% | 122 | 284 | -25.29 | 242 | 108 | -123.26 |
| Total Comprehensive Income | -48.1% | 251 | 483 | 20 | 445 | 537 | 193 |
| Earnings Per Share, Basic | -36.2% | 16.78 | 25.73 | 5.9 | 26.35 | 55.65 | 41.02 |
| Earnings Per Share, Diluted | -36.2% | 16.78 | 25.73 | 5.9 | 26.35 | 55.65 | 41.02 |
| Debt equity ratio | 0% | 015 | 018 | 023 | 025 | 031 | 046 |
| Debt service coverage ratio | -1.5% | 098 | 0.0249 | 0.0175 | 0.0122 | 0.0108 | 0.0138 |
| Interest service coverage ratio | -0.8% | 0.048 | 0.0559 | 0.032 | 0.0547 | 0.0556 | 0.0409 |
| 23.2% |
| 261 |
| 212 |
| 246 |
| 198 |
| 226 |
| 114 |
| Investment property | 0% | 1.09 | 1.09 | 1.1 | 1.1 | 1.1 | 1.1 |
| Non-current investments | -0.4% | 754 | 757 | 1,001 | 702 | 636 | 411 |
| Loans, non-current | 0% | 100 | 100 | 50 | 0.6 | 0.3 | 0.4 |
| Total non-current financial assets | 0.1% | 1,019 | 1,018 | 1,249 | 898 | 831 | 566 |
| Total non-current assets | 0% | 7,144 | 7,141 | 7,371 | 6,999 | 6,880 | 6,559 |
| Total assets | -0.5% | 8,583 | 8,626 | 9,052 | 8,610 | 8,561 | 8,188 |
| Borrowings, non-current | -26.9% | 370 | 506 | 717 | 593 | 776 | 817 |
| Total non-current financial liabilities | -20.1% | 778 | 973 | 1,181 | 1,089 | 1,232 | 1,289 |
| Provisions, non-current | -18.5% | 23 | 28 | 17 | 27 | 41 | 41 |
| Total non-current liabilities | -8.1% | 1,374 | 1,495 | 1,721 | 1,675 | 1,809 | 1,838 |
| Borrowings, current | 39.9% | 362 | 259 | 380 | 249 | 164 | 163 |
| Total current financial liabilities | 2.6% | 1,157 | 1,128 | 1,261 | 1,111 | 1,091 | 1,019 |
| Provisions, current | 33.3% | 25 | 19 | 34 | 34 | 20 | 12 |
| Current tax liabilities | -155.6% | 0 | 2.8 | 0 | 0 | 0 | 0 |
| Total current liabilities | 2.1% | 1,382 | 1,354 | 1,504 | 1,333 | 1,338 | 1,212 |
| Total liabilities | -3.3% | 2,756 | 2,850 | 3,225 | 3,009 | 3,146 | 3,050 |
| Equity share capital | 0% | 77 | 77 | 77 | 77 | 77 | 77 |
| Total equity | 0.9% | 5,827 | 5,776 | 5,827 | 5,602 | 5,414 | 5,138 |
| Total equity and liabilities | -0.5% | 8,583 | 8,626 | 9,052 | 8,610 | 8,561 | 8,188 |
| -49.2% |
| 33 |
| 64 |
| 35 |
| 70 |
| - |
| - |
| Net Cashflows From Operating Activities | -9.2% | 582 | 641 | 210 | 491 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 0 | 0 | 0.05 | 0.28 | - | - |
| Proceeds from sales of PPE | 237.3% | 1.7 | 0.49 | 4.4 | 4.34 | - | - |
| Purchase of property, plant and equipment | -18.7% | 249 | 306 | 253 | 249 | - | - |
| Dividends received | 14% | 3.69 | 3.36 | 13 | 52 | - | - |
| Interest received | 33.3% | 13 | 10 | 3.79 | 9.78 | - | - |
| Other inflows (outflows) of cash | -793.8% | -89.45 | -9.12 | 96 | 119 | - | - |
| Net Cashflows From Investing Activities | 23.8% | -294.32 | -386.58 | 176 | -186.22 | - | - |
| Proceeds from borrowings | 2483.3% | 311 | 13 | 0 | 269 | - | - |
| Repayments of borrowings | 165.5% | 386 | 146 | 205 | 351 | - | - |
| Payments of lease liabilities | - | 12 | 0 | 7.69 | 0 | - | - |
| Dividends paid | 322.2% | 77 | 19 | 77 | 77 | - | - |
| Interest paid | -5.8% | 98 | 104 | 98 | 104 | - | - |
| Net Cashflows from Financing Activities | 1.2% | -261.63 | -264.8 | -388.18 | -267.88 | - | - |
| Net change in cash and cash eq. | 325.6% | 26 | -10.08 | -1.87 | 37 | - | - |
Analysis of Birla Corp's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Cement | 93.9% | 2 kCr |
| Jute | 6.1% | 132.6 Cr |
| Total | 2.2 kCr |