Is Birla Cable a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Birla Cable Ltd is a below average quality company .

Is Birla Cable undervalued or overvalued?

The key valuation ratios of Birla Cable Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Birla Cable share price return in the past 10 years?

Birla Cable Ltd share price has appreciated 12.4% annually (CAGR) over the past ten years.

Is Birla Cable a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Birla Cable Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Birla Cable Ltd - Stock Valuation and Financial Performance

Name: Birla Cable
Brand: Birla Cable

BSE: 500060 | NSE: BIRLACABLE | Cable | Small Cap

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Birla Cable Share Price

₹215.10 -4.95 -2.25%
as on 20-Dec'24 16:59

10 Year X-Ray of Birla Cable:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	19.8%	11.3%	6.1%	18.4%	35.8%	3.2%	6.7%	14%	18.3%	11.6%	-
Value Creation Index ⓘ	0.4	-0.2	-0.6	0.3	1.6	-0.8	-0.5	-0	0.3	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	264	250	211	325	502	223	329	535	792	686	684
Sales YoY Gr.	-	-5.4%	-15.5%	54%	54.5%	-55.6%	47.3%	63%	48%	-13.5%	-
Adj EPS ⓘ	3.8	4	1	5.3	15.4	0.4	2.6	6.7	10.4	4.9	2.4
YoY Gr.	-	5.3%	-75.7%	448.5%	189.3%	-97.7%	640%	158.7%	54.8%	-52.8%	-
BVPS (₹) ⓘ	29	30.6	32.1	40.5	57.2	51.9	56.1	62.2	76.7	84	87.7
Adj Net Profit ⓘ	11.4	12	2.9	16	46.2	1	7.8	20.1	31.1	14.7	7
Cash Flow from Ops. ⓘ	7.6	28.6	29.5	-6.9	16.9	31.9	-1.1	2.5	-7.2	16.3	-
Debt/CF from Ops. ⓘ	7.7	2.3	1.4	-6.5	3.5	2.4	-61.6	32.6	-17.8	10.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.2%	6.4%	27.8%	-13.5%
Adj EPS ⓘ	2.9%	-20.5%	23.7%	-52.8%
BVPSⓘ	12.6%	8%	14.4%	9.5%
Share Price	12.4%	29.5%	33.2%	-28.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	13.8	13.4	3.1	14.7	31.5	0.6	4.8	11.3	14.9	6.1	2.8
Op. Profit Mgn % ⓘ	11	10.6	6.4	10.7	15.7	7.6	7.7	8.1	8	6	5
Net Profit Mgn % ⓘ	4.3	4.8	1.4	4.9	9.2	0.5	2.4	3.8	3.9	2.1	1.1
Debt to Equity ⓘ	0.7	0.7	0.4	0.4	0.4	0.5	0.4	0.4	0.6	0.7	0.2
Working Cap Days ⓘ	204	196	214	173	155	337	215	161	137	171	75
Cash Conv. Cycle ⓘ	63	79	82	73	73	216	138	103	92	131	42

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 27.79%

Net Profit is growing at healthy rate in last 3 years 23.68%

Debt to equity has declined versus last 3 years average to 0.66

Return on Equity has declined versus last 3 years average to 2.80%

Sales growth is not so good in last 4 quarters at -12.09%

Latest Financials - Birla Cable Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.4	2.5
TTM Sales (₹ Cr.)	684	684
BVPS (₹.) ⓘ	87.7	87.4
Reserves (₹ Cr.) ⓘ	224	232
P/BV ⓘ	2.45	2.46
PE ⓘ	89.13	87.76

From the Market
52 Week Low / High (₹)	198.30 / 340.00
All Time Low / High (₹)	5.80 / 432.55
Market Cap (₹ Cr.)	645
Equity (₹ Cr.)	30
Face Value (₹)	10
Industry PE ⓘ	57.1

Management X-Ray of Birla Cable:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

6.28

* Pledged shares as % of Promoter's holding (%)

Valuation of Birla Cable

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Birla Cable

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	264	250	211	325	502	223	329	535	792	685
Operating Expenses ⓘ	235	223	198	291	423	206	303	492	729	645
Manufacturing Costs	19	19	17	23	32	25	30	43	58	54
Material Costs	196	181	158	243	364	153	245	417	628	546
Employee Cost	12	14	15	17	19	21	20	24	30	32
Other Costs ⓘ	7	9	8	8	8	7	8	8	12	13
Operating Profit ⓘ	29	26	14	35	79	17	25	43	64	41
Operating Profit Margin (%)	11.0%	10.6%	6.4%	10.6%	15.7%	7.6%	7.7%	8.1%	8.0%	6.0%
Other Income ⓘ	4	3	3	1	3	2	2	3	5	15
Interest ⓘ	8	7	3	4	5	7	5	6	13	15
Depreciation ⓘ	6	7	8	8	11	12	11	11	11	11
Exceptional Items ⓘ	0	-5	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	18	11	5	24	66	0	11	29	45	30
Tax ⓘ	6	2	2	8	19	-1	3	7	11	8
Profit After Tax	12	8	3	16	47	1	8	22	33	22
PAT Margin (%)	4.7%	3.4%	1.6%	5.0%	9.4%	0.5%	2.5%	4.1%	4.2%	3.3%
Adjusted EPS (₹)	4.2	2.8	1.1	5.4	15.7	0.3	2.7	7.3	11.2	7.5
Dividend Payout Ratio (%)	24%	35%	0%	19%	13%	0%	37%	21%	22%	23%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	87	92	96	121	172	156	168	187	230	252
Share Capital ⓘ	30	30	30	30	30	30	30	30	30	30
Reserves ⓘ	57	62	66	91	142	126	138	157	200	222
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	57	63	36	40	57	67	60	67	123	153
Long Term Debt	14	16	12	12	13	19	17	4	64	74
Short Term Debt	44	47	25	29	44	47	43	63	59	78
Trade Payables	47	56	61	78	94	33	66	64	84	25
Others Liabilities ⓘ	27	21	15	18	18	25	22	29	24	29
Total Liabilities ⓘ	218	232	209	258	341	281	317	346	461	459
Fixed Assets
Gross Block	119	141	63	75	93	121	126	132	152	196
Accumulated Depreciation	78	80	8	15	25	37	47	58	68	79
Net Fixed Assetsⓘ	41	61	55	60	67	85	79	74	83	117
CWIP ⓘ	1	0	1	0	7	0	0	2	3	0
Investmentsⓘ	14	19	20	11	19	9	13	12	30	37
Inventories	44	45	49	67	73	72	71	83	103	76
Trade Receivables	82	76	68	104	163	81	133	155	216	213
Cash Equivalents	10	11	4	4	4	19	6	4	4	3
Others Assetsⓘ	27	20	11	12	8	15	15	16	22	11
Total Assets ⓘ	218	232	209	258	341	281	317	346	461	459

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	8	29	30	-7	17	32	-1	3	-7	16
PBT ⓘ	18	11	5	24	66	0	11	29	45	30
Adjustment ⓘ	9	10	10	10	13	18	14	16	21	14
Changes in Working Capital ⓘ	-19	7	15	-35	-43	15	-23	-35	-61	-22
Tax Paid ⓘ	-2	1	-1	-6	-18	-2	-3	-7	-12	-6
Cash Flow From Investing Activity ⓘ	-10	-20	-5	6	-25	-19	-3	-5	-24	-32
Capex	-8	-25	-6	-11	-28	-18	-4	-9	-28	-33
Net Investments	-4	3	0	17	0	-2	0	2	-2	0
Others ⓘ	2	3	0	0	2	1	1	2	6	1
Cash Flow From Financing Activityⓘ	1	-1	-31	1	8	0	-10	3	30	15
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	5	-3	-1	-1	11	-1	-7	50	17
Interest Paid ⓘ	-7	-5	-3	-2	-3	-6	-4	-5	-11	-13
Dividend Paid ⓘ	-3	-4	-4	0	-3	-6	0	-3	-5	-8
Others ⓘ	12	3	-22	4	15	1	-4	19	-4	19
Net Cash Flow ⓘ	-1	7	-7	0	0	13	-14	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	15.16	9.5	3.55	14.82	32.09	0.62	5.06	12.25	16.08	9.33
ROCE (%)	19.78	11.27	6.08	18.44	35.83	3.23	6.74	13.98	18.34	11.61
Asset Turnover Ratio	1.28	1.21	1.04	1.41	1.68	0.72	1.1	1.62	1.96	1.49
PAT to CFO Conversion(x)	0.67	3.63	10	-0.44	0.36	32	-0.13	0.14	-0.21	0.73
Working Capital Days
Receivable Days	111	105	115	96	97	200	119	98	86	114
Inventory Days	61	59	75	64	51	118	79	52	43	48
Payable Days	130	104	135	105	86	151	73	57	43	36

Birla Cable Ltd Stock News

Birla Cable Ltd FAQs

What is the share price of Birla Cable?

Company share prices are keep on changing according to the market conditions. The closing price of Birla Cable on 20-Dec-2024 16:59 is ₹215.1.

What is the market cap of Birla Cable?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Birla Cable stood at ₹645.3.

What is the P/E ratio of Birla Cable?

The latest P/E ratio of Birla Cable as of 20-Dec-2024 16:59 is 89.13.

What is the P/B ratio of Birla Cable?

The latest P/B ratio of Birla Cable as of 20-Dec-2024 16:59 is 2.45.

What is the 52-week high and low of Birla Cable?

The 52-week high of Birla Cable is ₹340.0 and the 52-week low is ₹198.3.

What is the TTM revenue of Birla Cable?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Birla Cable is ₹684.3 ( Cr.) .

About Birla Cable Ltd

Since 1992 Birla Ericsson Optical (BEOL) is a key to all telecom requirements. It is an IS/ISO 9001:2008 and IS/ISO - 14001:2004 certified company under the M P Birla Group of industries and entered into the field of optical communication by way of manufacturing fibre optic cables, in technical and financial collaboration with Ericsson Cables AB of Sweden (now known as Ericsson Network Technologies AB of Sweden).

Ericsson is a leading name in telecommunications for the last 110 years, with activities ranging from turnkey telecom networks to cellular mobile telephone systems and business communications. Ericsson Cables AB is the pioneer in S-Z stranding and ribbon cable technologies for optical fibre cables.

BEOL has installed capacity of more than 53,000 cable km per annum to produce a complete range of optical fibre cables, including ribbon type optic fibre cable made to design and construction conforming to national and international standards. It has the capability to produce specialty fibre optic cables for use in medical equipment, computers and local area networks, cable TV network or any other type as per customized specification.

The company also has installed capacity to produce 43.25 lakh conductors km of jelly-filled copper telephone cables complying with national and international standards ranging from 5 pairs to 2400 pairs and also has capability to produce switchboard cables for switching equipment.

It has fully computerized system for process monitoring and quality control to ensure consistency and reliability of its entire product range. All production activities are carried out as per approved quality assurance plan. It, therefore, provides the best possible solutions with latest state-of-the-art technology.

The company has an exclusive marketing agreement with AFL Telecommunications for sale of hi-tech overhead fibre optic cables, especially OPGW and associated accessories, which find applications with electric power utilities, etc.

It has marketing arrangements with ILSINTECH Company, Korea for Optical Fibre Cleavers and with Ericsson Network Technologies AB, Sweden for Optical Fibre Fusion Splicer. The company has also entered into strategic marketing alliance with All optic Inc, USA for FTTP Solution for specified customers.

Products of the company