Birlasoft Ltd - Stock Valuation and Financial Performance

BSE: 532400 | NSE: BSOFT | IT - Software | Small Cap

Birlasoft Share Price

546.70 -13.60 -2.43%
as on 18-Nov'24 16:59

DeciZen - make an informed investing decision on Birlasoft

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Birlasoft stock performance -

mw4me loader
P/E Ratio (CD):
24.44
Market Cap:
15,121.8 Cr.
52-wk low:
536.3
52-wk high:
861.6

Is Birlasoft Ltd an attractive stock to invest in?

1. Is Birlasoft Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Birlasoft Ltd is a good quality company.

2. Is Birlasoft Ltd undervalued or overvalued?

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

3. Is Birlasoft Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Birlasoft Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Birlasoft:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Birlasoft Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 15.4%22.2%17.4%13%15.5%19.3%23%26.4%18.3%31.1%-
Value Creation
Index
0.10.60.2-0.10.10.40.71.00.41.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,9903,2243,3202,2502,5513,2913,5564,1304,7955,2785,401
Sales YoY Gr.-7.8%3%-32.2%13.4%29%8%16.2%16.1%10.1%-
Adj EPS 11.715.111.59.587.411.815.812.322.622.4
YoY Gr.-29%-23.7%-17.9%-15.3%-8.1%61.1%33.5%-22.3%84.3%-
BVPS (₹) 68.873.283.294.861.267.977.991.687.6107117.5
Adj Net
Profit
220283217179219203328442338625619
Cash Flow from Ops. 289410163407-71.6310558281561718-
Debt/CF from Ops. 1.70.62.40.8-0.500000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.5%15.7%14.1%10.1%
Adj EPS 7.6%23.1%24.1%84.3%
BVPS5%11.8%11.2%22.2%
Share Price 12.4% 52.7% 5.3% -12.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
17.121.114.610.512.411.316.118.513.422.719.9
Op. Profit
Mgn %
10.913.59.512.612.411.914.915.510.913.414.8
Net Profit
Mgn %
7.48.86.588.76.29.210.7711.811.5
Debt to
Equity
0.40.20.30.20000000
Working Cap
Days
119116119186168130116108978994
Cash Conv.
Cycle
68646910678534946464569

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 19.90%

Sales growth is growing at healthy rate in last 3 years 14.07%

Net Profit is growing at healthy rate in last 3 years 24.10%

Sales growth is not so good in last 4 quarters at 7.65%

Latest Financials - Birlasoft Ltd.

Standalone Consolidated
TTM EPS (₹) 11.4 22.4
TTM Sales (₹ Cr.) 2,740 5,401
BVPS (₹.) 56 117.5
Reserves (₹ Cr.) 1,493 3,195
P/BV 9.77 4.65
PE 47.96 24.44
From the Market
52 Week Low / High (₹) 536.25 / 861.60
All Time Low / High (₹) 0.65 / 861.60
Market Cap (₹ Cr.) 15,122
Equity (₹ Cr.) 55.3
Face Value (₹) 2
Industry PE 34.2

Management X-Ray of Birlasoft:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Birlasoft

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2,9903,2243,3202,2502,5513,2913,5564,1304,7955,278
Operating Expenses 2,6662,7903,0051,9672,2442,9013,0383,4914,2744,573
Manufacturing Costs5995515714444806255158189471,043
Material Costs8513260000000
Employee Cost 1,7411,9332,0911,3481,5351,9982,1272,3692,8133,048
Other Costs 240292318175229278396304514482
Operating Profit 324434315283306390518639520705
Operating Profit Margin (%) 10.9%13.5%9.5%12.6%12.0%11.9%14.6%15.5%10.9%13.4%
Other Income 352854242645306723235
Interest 2617148111613131920
Depreciation 85698340508380778285
Exceptional Items 0-112601800000
Profit Before Tax 248365299259289336455617442835
Tax 1185616854112134153111211
Profit After Tax 237281239191235224321464332624
PAT Margin (%) 7.9%8.7%7.2%8.5%9.2%6.8%9.0%11.2%6.9%11.8%
Adjusted EPS (₹)12.615.012.713.310.68.111.616.612.122.6
Dividend Payout Ratio (%)9%15%17%18%19%25%30%27%29%29%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1,2941,3741,5661,7971,6771,8782,1602,5612,4092,953
Share Capital 38383838555555565555
Reserves 1,2571,3371,5281,7591,6231,8232,1042,5052,3542,898
Minority Interest0024000000
Debt4462163202773800000
Long Term Debt781669966000000
Short Term Debt368502222113800000
Trade Payables133118131159215190132210231281
Others Liabilities 349379413402424499615521430587
Total Liabilities 2,2222,0882,4322,6382,3542,5672,9063,2913,0703,821

Fixed Assets

Gross Block1,1206988191,0648511,0971,1221,1961,1991,152
Accumulated Depreciation39067148234263346424471464455
Net Fixed Assets730630671829588751698725736697
CWIP 1236138320273612
Investments 821279129191335718405651,320
Inventories23384324000000
Trade Receivables6986867848067117406328499071,037
Cash Equivalents 364395390505377630527383557425
Others Assets314290327314487411471492299331
Total Assets 2,2222,0882,4322,6382,3542,5672,9063,2913,0703,821

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 289410163407-72310558281561718
PBT 248365299324377336455617442835
Adjustment 82121361551261458599330137
Changes in Working Capital 375-105-13-537-9184-256-80-73
Tax Paid -78-82-67-59-38-80-67-178-131-181
Cash Flow From Investing Activity -112-146-150-193125-44-444-307252-627
Capex -91-124-188-116-90-52-25-62-57-19
Net Investments 87-729-811764-435-278284-647
Others -108-158439416332439
Cash Flow From Financing Activity -40-30780-128-116-180-97-147-636-168
Net Proceeds from Shares 14501121081310
Net Proceeds from Borrowing -5861-32-66-900000
Interest Paid -17-12-13-10-18-3-2-3-9-13
Dividend Paid -24-26-50-50-55-100-55-111-125-124
Others 44-334175-14-36-78-39-41-515-41
Net Cash Flow 137-429386-638617-173176-76
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)18.4621.0516.2311.3713.5512.6215.8919.6413.3523.27
ROCE (%)15.3722.2317.3513.0315.4819.3422.9826.4418.3331.12
Asset Turnover Ratio1.381.51.470.891.021.341.31.331.511.53
PAT to CFO Conversion(x)1.221.460.682.13-0.311.381.740.611.691.15
Working Capital Days
Receivable Days8378811291098070656767
Inventory Days2345000000
Payable Days5043,4221,7780000000

Birlasoft Ltd Stock News

Birlasoft Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Birlasoft on 18-Nov-2024 16:59 is ₹546.7.
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 18-Nov-2024 16:59 the market cap of Birlasoft stood at ₹15,121.8.
The latest P/E ratio of Birlasoft as of 18-Nov-2024 16:59 is 47.96.
The latest P/B ratio of Birlasoft as of 18-Nov-2024 16:59 is 9.77.
The 52-week high of Birlasoft is ₹861.6 and the 52-week low is ₹536.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Birlasoft is ₹2,740 ( Cr.) .

About Birlasoft Ltd

Incorporated in 1990, Birlasoft Limited (formerly KPIT Technologies Ltd) combines the power of domain, enterprise and digital technologies to reimagine business processes for customers and their ecosystem. Birlasoft and KPIT's IT Services business, has merged to form a leading $500M publicly listed Enterprise Digital and IT Services company. As part of the multibillion dollar diversified The CK Birla Group, Birlasoft is committed to continuing its multi-year heritage of building sustainable communities.

The company has unique, industry leading capabilities from the Enterprise Product and Cloud solutions domain such as SAP, Oracle, JD Edwards, Salesforce.com, Service Now etc. The company has the highest level of partnership with SAP, Oracle as well as with Salesforce, a position unmatched by any other similar company. Birlasoft also possess significant 'Digital' capability in Analytics, RPA (Robotic Process Automation), Digital portals, User Experience and Digital advisory services. A large set of solutions and offerings continue to demonstrate the Company’s capabilities and presence in Application development, support and maintenance for next generation services in the digital world.

Business area of the company

The Company is a service company primarily engaged in providing information technology and related services. The Company has strong Enterprise solutions capabilities coupled with Digital capabilities, making it a formidable competitor in the market.

Services offered by the company

Digital

  • Customer Experience
  • Data Analytics
  • Connected Products
  • Intelligent Automation
  • Cloud
  • Blockchain

Enterprise Technologies and Services

  • Oracle and JD Edwards
  • SAP
  • Infor
  • Microsoft
  • Customer Relationship Management
  • Manufacturing Execution Systems
  • Product Lifecycle Management
  • Supply Chain Management
  • IT Transformation
  • Applications Management
  • Testing
  • Infrastructure & Cloud Technology

Awards and Recognition

  • 2011: SAP honors KPIT Cummins with SAP ACE Awards 2011 ‘BEST - RUN End to End Business Process’.
  • 2011: KPIT Cummins Honored with Wall Street Journal Innovation Award in the ‘Transport’ category.
  • 2011: KPIT Cummins triumphs at ISA Technovation Awards 2011.
  • 2011: KPIT Cummins wins NASSCOM’s ‘Promising Innovation of the Year' Award for REVOLO.
  • 2012: KPIT wins the 2012 Oracle Excellence Award.
  • 2012: Sparta Consulting Receives 2012 SAP Partner Impact Award as SAP Services Partner of the Year - Momentum, North America.
  • 2013: KPIT customer Dorf Ketal wins InformationWeek EDGE Award for its ERP Consolidation and IT Transformation project.
  • 2013: KPIT Customers Win Prestigious Oracle Excellence Award for Supply Chain Management.
  • 2013: KPIT Cummins wins Best Performance in Service Delivery award from SAP India.
  • 2013: Entrepreneur of the Year Awards.
  • 2013: KPIT Cummins wins the prestigious Mahesh Modi Environment Excellence award for 2013.
  • 2014: KPIT Wins FY15 Oracle Excellence Award in Growth Partner of the Year Category - India.
  • 2014: Vaishali Vaid, VP & Head, Global HR, KPIT honoured with the ‘100 Most Talented Global HR Leaders Award’.
  • 2014: KPIT honored by Volvo Buses India with Project Development Excellence Award 2014.
  • 2014: KPIT Kishor Patil, CEO and MD honored with CA Business Leader Award by ICAI.
  • 2014: KPIT wins Infor India’s Promising Partner of the Year 2014 Award.
  • 2015: KPIT features in the prestigious 'Thomson Reuters Top 50 Indian Innovators'.
  • 2015: KPIT Wins Awards at Oracle’s JD Edwards Summit.
  • 2015: KPIT Wins “Newcomer of the Year” Award at Annual SAP Hybris Summit.
  • 2015: KPIT Honored with ‘Jewels of Digital Maestro Award’.
  • 2015: KPIT's solution for Consul Neowatt Power Solutions wins SAP ACE Award for Customer Excellence in Service.
  • 2015: KPIT Conferred with the Most Influential Marketing Leaders Award.
  • 2015: KPIT Honored with the ‘Best CSR Practice Award’ by the World CSR Congress.
  • 2015: KPIT Achieves 2015 Oracle JD Edwards Partner Excellence Award for Outstanding Year-Round Success Story Nominations.
  • 2015: KPIT and College of Engineering, Pune, announce winners of national design and development contest Sparkle 2015.
  • 2015: KPIT and COEP’s Innovation Competition Sparkle 2015 Receives over 400 ideas from colleges across India.
  • 2016: KPIT honored with the Most Influential Marketing Leaders Award.
  • 2016: KPIT Technologies at the Paris Motor Show.
  • 2016: KPIT Wins Oracle Excellence Award for Specialized Partner of the Year - North America in Mobility Category Oracle recognizes KPIT for enterprise mobility cloud solutions.
  • 2016: KPIT's electrification technology 'REVOLO' for buses wins Promising Transport Innovation Award at prestigious International Transport Forum 2016.
  • 2017: KPIT and Coventry University collaboration wins 'Outstanding Course Team Award'.
  • 2017: KPIT named 'SAP Hybris Americas Service Delivery Partner of the Year'.
  • 2017: KPIT wins ERP Cloud Partner of the Year Award for service excellence in India.
  • 2017: KPIT Recognized with the Most Influential Marketing Leaders Award for the third Consecutive Year.
  • 2017: KPIT wins Best Event-led Communication Campaign Award at the Indian Communications Summit 2017 KPIT Marketing team wins accolades at INDCOM 2017.
  • 2017: KPIT wins Smart Cities India Award 2017.
  • 2018: KPIT Wins 'Distinguished Partner Award' - 'Process Innovation'.
  • 2018: KPIT and Udacity forge partnership for upskilling talent.
  • 2018: KPIT wins the 'Oracle Excellence Award' - 'SCM Cloud Partner of the Year' at Oracle India Partner Forum 2018.
  • 2018: KPIT Awarded the FKCCI CSR Awards 2018 for CSR Excellence in Basic Education.
  • 2018: KPIT Recognized as Winner of Two Manufacturing Leadership Awards 2018 KPIT.
  • 2018: KPIT Customer Wins Prestigious Oracle Excellence Award for Supply Chain Management.
  • 2018: KPIT felicitated at Maharashtra Best Employer Brand Awards 2018.
  • 2019: Birlasoft wins 2019 Oracle Excellence Award (APAC).
  • 2019: Birlasoft Receives ‘Expense Management Partner of the Year 2018’ Award at the SAP India Partner Summit 2019.
  • 2019: Birlasoft wins the ‘Organization Leadership’ Award at the Organization Development Summit & Awards 2019.
  • 2019: Birlasoft Wins Two Oracle Excellence Awards for 2019.
  • 2019: Birlasoft recognized as a Niche Player in Gartner 2019 Magic Quadrant for Oracle Cloud Applications Services, Worldwide.
  • 2019: Birlasoft Receives ‘Expense Management Partner of the Year 2018’ Award at the SAP India Partner Summit 2019.
  • 2019: Birlasoft Recognized as a Rising Star USA in the Salesforce Ecosystem by ISG.
  • 2019: Amit Dhawan, Chief Information Security Officer (CISO), Birlasoft wins dynamic CISO Excellence Award 2019.
  • 2019: Birlasoft Receives SAP North America Partner Excellence Award 2019 for Customer Experience.
  • 2020: Birlasoft recognized as a 'Niche Player' in Gartner 2020 Magic Quadrant for Oracle Cloud Applications Services, Worldwide.
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