Birla Corporation Limited Share Price and Company Fundamentals



Price
₹1486
Change
53.950 (3.767%)
52 week
979.95 - 1802.0

Last traded: Yesterday at 6:59 AM

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 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. Birla Corporation Limited was incorporated in 1919 and is based in Kolkata, India.

Key Metrics

PE ratio

27.01

PB ratio

1.70

Dividend yield

0.70%

Beta

0.34

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Building Materials / Basic Materials
Website https://www.birlacorporation.com
Mailing address 1, Shakespeare Sarani 2nd Floor A.C. Market Kolkata 700071 India
Phone / Fax 91 33 6603 3300 / 91 33 2288 4426

Dividends

Dividend yield

0.70%

Dividend amount

₹10.00

Payout ratio

4.58%

5Y Avg. yield

0.90%

Birla Corporation Limited paid ₹10.00 dividend and the ex-dividend date was 29 Aug 2023.The dividend payout ratio is 4.58%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.BIRLACORPN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

BIRLACORPN's forward dividend amount is ₹2.5 and the forward dividend yield is 0.17%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2024, following are the company executives and directors listed on Birla Corporation Limited.

Name Title Age Total Pay
Mr. Sandip Ranjan Ghose MD, CEO & Director 63 19M
Mr. Manoj Kumar Mehta Company Secretary, Compliance Officer, Senior Joint President & Legal Head
Mr. Aditya Saraogi Group Chief Financial Officer 58 14.5M
Mr. Rajesh Kakkar President of Technical & Head Corporate HR
Mr. Kalidas Pramanik Chief Marketing Officer 55
Mr. Ghisa Ram Verma President of Birla Jute Mills
Mr. P. K. Paliwal Joint President of Durgapur Cement Works & Durga Hitech Cement
Mr. Prahlad Kr Choudhary B.E. President Maihar Unit
Mr. Sunil Sood President of Satna Cement Works, Vindhyachal Steel Foundry
Mr. Devesh Kumar Mishra President of Birla Cement Works & Chanderia Cement Works

Profitability and management effectiveness

Profit margin

4.35%

Operating margin

12.15%

Return on assets

3.77%

Return on equity

6.65%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Birla Corporation Limited is and its enterprise value is .

The BIRLACORPN's stocks Beta value is 0.34 making it 66% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Birla Corporation Limited (NSE:BIRLACORPN) Frequently Asked Questions

1. What is Birla Corporation Limited's Stock Symbol?

Birla Corporation Limited trades on NSE under the ticker symbol "BIRLACORPN".

2. What is Birla Corporation Limited's stock price today?

One share of BIRLACORPN stock can currently be purchased for approximately ₹1486.

3. How can I contact Birla Corporation Limited?

Birla Corporation Limited's mailing address is 1, Shakespeare Sarani 2nd Floor A.C. Market Kolkata 700071 India. The company can be reached via phone at 91 33 6603 3300.

4. What is Birla Corporation Limited's official website?

The official website of Birla Corporation Limited is https://www.birlacorporation.com.