Birla Cable Limited
NSE: BIRLACABLETelecom - Equipment & AccessoriesASM stage 1
Share price
₹385.20
+4.99% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
46
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹1,156 Cr
P/E ratio
24.6
P/B ratio
4.1
ROCE
9.0%
ROE
6.4%
Dividend yield
0.3%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Our sales figures for this company step up at Sep 2005 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.
Whether it grew faster than its sector
Our sales figures for this company step up at Sep 2005 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.
Room to re-rate, or risk of de-rating
At 23.4× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 100.1×, across 3 companies. It is against its own five-year median of 55.5×, the 27th percentile of its own range.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Birla Cable Limited — this one | -20%/yr | 23.4× | — |
| Sterlite Technologies Limited | -43%/yr | 210.0× | — |
| ITI Limited | 16%/yr | — | — |
| Tejas Networks Limited | — | — | — |
| Optiemus Infracom Limited | 16%/yr | 100.1× | ₹6.3 |
| UMIYA BUILDCON LIMITED | 3%/yr | 18.5× | ₹6.2 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Telecom - Equipment & Accessories), it ranks 3 of 8 on returns, 2 of 7 on growth, 4 of 8 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 9.0% on capital, ahead of 63% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the 4 years of cash statements on file it made ₹99 crore of cash from the business, spent ₹87 crore on plant and equipment, and returned ₹20 crore to lenders and shareholders.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
8 of 9 checks clear · 89%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 2 Aug 2026 · Consolidated
Revenue
₹267 Cr
Revenue vs last year
+51.5%
Revenue vs last quarter
+24.6%
Net profit
₹31 Cr
Profit vs last year
+2969.5%
Profit vs last quarter
+179.0%
Net margin
11.5%
EPS
₹10.23
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹1,156 Cr
- Prev close
- ₹385.20
- 52w High
- ₹419
- 52w Low
- ₹104
- Enterprise value
- ₹1,285 Cr
- Beta
- 1.2
- Price CAGR 1y
- 141.0%
- Price CAGR 3y
- 6.0%
- Price CAGR 5y
- 33.0%
- Price CAGR 10y
- 26.0%
Ratios
- Return on assets
- 3.7%
- PEG ratio
- -1.3
- P/E ratio
- 24.6
- P/B ratio
- 4.1
- EV / EBITDA
- 15.3
- Industry P/E
- 78.9
- ROCE
- 9.0%
- ROCE 5y average
- 8.0%
- ROE
- 6.4%
- Debt / Equity
- 0.5
- Interest coverage
- 2.9
- Dividend yield
- 0.3%
- ROE 3y average
- 5.0%
- ROE last year
- 6.0%
Annual P&L
- Annual revenue
- ₹771 Cr
- Annual profit
- ₹17 Cr
- Operating margin
- 6.0%
- Net profit margin
- 2.2%
- EBITDA margin
- 6.1%
- Sales growth 3y
- -0.9%
- Sales growth 5y
- —
- Profit growth 3y
- -20.0%
- Profit growth 5y
- —
- EPS
- ₹5.6
- Sales growth TTM
- 28.0%
- Profit growth TTM
- 658.0%
- Dividend payout
- 22.0%
Quarter P&L
- Sales latest quarter
- ₹267 Cr
- Profit latest quarter
- ₹31 Cr
- YoY quarterly sales growth
- 51.1%
- YoY quarterly profit growth
- 3000.0%
- OPM latest quarter
- 17.2%
Balance Sheet
- Book Value
- ₹93.7
- Face Value
- ₹10.0
- Total debt
- ₹133 Cr
- Total cash
- ₹4 Cr
- Borrowings
- ₹133 Cr
- Reserves / Equity
- 8.4
Cash Flow
- Operating cash flow
- -₹21 Cr
- Free cash flow
- -₹23 Cr
- FCF yield
- -3.1%
- Net cash flow
- ₹0 Cr
Shareholding
- Promoter holding
- 66.3%
- FII holding
- 0.0%
- DII holding
- 0.0%
- Public holding
- 33.6%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Sterlite Tech. | 1,016.80 | 221.6 | 52,334 | 0.00 | 197.0 | 1870.0 | 1,910.0 | 87.4 | 7.7 |
| ITI | 245.84 | 23,677 | 0.00 | -32.5 | 45.9 | 425.0 | -14.7 | 1.4 | |
| Tejas Networks | 466.70 | 8,311 | 0.00 | -202.2 | -4.3 | 402.2 | 99.1 | -14.6 | |
| Optiemus Infra. | 861.90 | 107.0 | 7,771 | 0.00 | 21.2 | 45.8 | 883.0 | 102.8 | 10.9 |
| Orient Cables | 418.40 | 88.4 | 4,755 | 0.00 | 32.8 | 489.2 | |||
| Valiant Commun. | 1,786.60 | 76.7 | 2,089 | 0.08 | 7.8 | 65.0 | 25.4 | 38.8 | 37.7 |
| Birla Cable | 385.05 | 25.0 | 1,155 | 0.32 | 30.7 | 2157.3 | 266.6 | 51.1 | 9.0 |
| ADC India | 2,399.75 | 49.0 | 1,104 | 1.04 | 8.6 | 72.6 | 63.4 | 40.6 | 31.4 |
| Median | 418.40 | 76.7 | 2,089 | 0.00 | 7.8 | 55.5 | 266.6 | 45.9 | 8.3 |
Competes with: Aksh Optifibre Limited, ITI Limited, Kavveri Defence & Wireless Technologies Limited, Optiemus Infracom Limited, Orient Cables (India) Limited, Sterlite Technologies Limited, Tamilnadu Telecommunication Limited, Tejas Networks Limited, UMIYA BUILDCON LIMITED
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 174 | 175 | 162 | 175 | 166 | 182 | 158 | 156 | 176 | 176 | 205 | 214 | 267 |
| Expenses | 162 | 165 | 151 | 168 | 159 | 173 | 149 | 148 | 169 | 169 | 194 | 194 | 221 |
| Material Cost | 122 | 151 | 141 | 171 | 172 | 198 | |||||||
| Change in Inventories | 3.63 | -5.52 | 3.56 | -4.47 | -1.79 | -3.06 | |||||||
| Purchases of Stock-in-Trade | 0 | 0.02 | 0.01 | 0 | 0 | 0 | |||||||
| Employee Cost | 8.91 | 8.79 | 9.22 | 11 | 7.76 | 8.50 | |||||||
| Other Expenses | 14 | 15 | 15 | 16 | 15 | 17 | |||||||
| Operating Profit | 12 | 10 | 11 | 7 | 6 | 9 | 9 | 8 | 8 | 7 | 11 | 20 | 46 |
| OPM % | 7.01 | 5.57 | 6.99 | 4.12 | 3.89 | 5.05 | 5.77 | 5.08 | 4.44 | 4.12 | 5.32 | 9.46 | 17 |
| Other Income | 10 | 3 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 3 | 2 | 3 | 3 | 4 | 2 |
| Depreciation | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
| Profit before tax | 16 | 7 | 5 | 2 | 0 | 2 | 2 | 2 | 2 | 1 | 5 | 14 | 41 |
| Tax % | 26 | 25 | 25 | 26 | 29 | 25 | 28 | 27 | 27 | 31 | 26 | 24 | 25 |
| Net Profit | 12 | 5 | 4 | 2 | 0 | 2 | 1 | 1 | 1 | 1 | 4 | 11 | 31 |
| EPS in Rs | 3.90 | 1.68 | 1.27 | 0.53 | 0.05 | 0.61 | 0.48 | 0.49 | 0.45 | 0.24 | 1.34 | 3.60 | 10 |
| Diluted EPS in Rs | 0.49 | 0.45 | 0.24 | 1.34 | 3.60 | 10 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 792 | 686 | 662 | 771 | 861 |
| Expenses | 729 | 645 | 629 | 724 | 777 |
| Material Cost | 530 | 634 | |||
| Change in Inventories | 3.05 | -8.21 | |||
| Purchases of Stock-in-Trade | 0.01 | 0.03 | |||
| Employee Cost | 34 | 37 | |||
| Other Expenses | 62 | 61 | |||
| Operating Profit | 63 | 40 | 33 | 47 | 84 |
| OPM % | 8 | 6 | 4.90 | 6 | 10 |
| Other Income | 4 | 15 | 3 | 4 | 3 |
| Exceptional items (within Other Income) | 0 | 0 | |||
| Interest | 13 | 15 | 14 | 12 | 11 |
| Depreciation | 11 | 11 | 16 | 16 | 15 |
| Profit before tax | 44 | 30 | 6.68 | 23 | 62 |
| Tax % | 25 | 26 | 27 | 25 | |
| Net Profit | 33 | 22 | 4.89 | 17 | 46 |
| EPS in Rs | 11 | 7.38 | 1.63 | 5.63 | 15 |
| Diluted EPS in Rs | 1.63 | 5.63 | |||
| Dividend Payout % | 23 | 24 | 107 | 22 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- -1%
- TTM
- 28%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- -20%
- TTM
- 658%
Stock price CAGR
- 10 years
- 26%
- 5 years
- 33%
- 3 years
- 6%
- 1 year
- 141%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 5%
- Last year
- 6%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 30 | 30 | 30 | 30 |
| Reserves | 199 | 221 | 223 | 251 |
| Borrowings | 129 | 165 | 111 | 133 |
| Other Liabilities | 103 | 42 | 52 | 51 |
| Minority Interest | 0 | |||
| Total Liabilities | 461 | 458 | 416 | 464 |
| Fixed Assets | 83 | 117 | 128 | 110 |
| CWIP | 3 | 0 | 0 | 0 |
| Investments | 28 | 36 | 41 | 51 |
| Other Assets | 346 | 305 | 247 | 303 |
| Total Assets | 461 | 458 | 416 | 464 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from Operating Activity | -8 | 16 | 112 | -21 |
| Cash from Investing Activity | -22 | -32 | -38 | 12 |
| Cash from Financing Activity | 30 | 15 | -74 | 9 |
| Net Cash Flow | 0 | -1 | 1 | -0 |
| Free Cash Flow | -33 | -17 | 85 | -23 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 100 | 114 | 92 | 96 |
| Inventory Days | 60 | 51 | 35 | 46 |
| Days Payable | 49 | 17 | 20 | 18 |
| Cash Conversion Cycle | 111 | 148 | 107 | 124 |
| Working Capital Days | 79 | 92 | 64 | 76 |
| ROCE % | 10 | 5 | 9 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
129inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Birla Cable Limited. Open one to see why it matters.
8 Sept, 18:05 IST · Company event · low impact
Significant movement in price has been observed in Birla Cable Limited.
1 Sept, 18:05 IST · Company event · medium impact
HFCL Limited has informed the Exchange Intimation for entering into a long term supply agreement with a customer for supply of Optical Fiber Cables (OFC), worth USD 244 million approx. equivalent to Rs.2329 Crore approx. (approximately INR Two Thousand Three Hundred Twenty Nine Crore)
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- HDPE/PE/PVC insulation and sheathing compounds
- bare/annealed copper conductor
- optical fibre
- thixotropic jelly for jelly-filled telecom cables
Depends on the price of
- copper
Sells to
- Bharat Broadband Network Limited · optical fibre cables for BharatNet rural broadband
- Bharat Sanchar Nigam Ltd · optical fibre cables and copper telecommunication cables
- Bharti Airtel · optical fibre cables and copper telecommunication cables
- Indian Railways · fibre optic and copper cables for railway communication and signalling
- Indian armed forces · specialty and defence communication cables
- Mahanagar Telephone Nigam Limited · optical fibre cables, copper telecommunication cables and accessories
- NTPC Limited · specialty and instrumentation cables
- Reliance Jio Infocomm Limited · optical fibre cables and telecom cables
- Steel Authority of India · specialty and instrumentation cables
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Telecommunication
- Industry
- Telecom - Equipment & Accessories
- Classification
- Telecommunication › Telecom - Equipment & Accessories
- ISIN
- INE800A01015
Plants
- Rewa cable manufacturing plant
News impact
Big market events that reach Birla Cable Limited, and how the effect spreads.
13 Sept, 04:28 IST · Market event · medium impact
Telcos brace for fresh tariff hikes ahead of Jio IPO
Phone companies are set to raise call and data prices again, lifting revenue for Airtel, Jio and Vodafone Idea but making bills costlier for crores of users.
Who it hits first
- Bharti Airtel: prime tariff-hike beneficiary with 55% margins dropping hikes to profit
- Vodafone Idea: highest-beta survivor — ARPU gains plus $3.5B debt deal form a rescue path, balance sheet still broken
- Jio (Reliance): hikes lift digital earnings, diluted at group level
Who may gain
- BHARTIARTL, BHARTIHEXA, INDUSTOWER (healthier tenants); equipment vendors second-order
Along the supply chain
Downstream
Crores of subscribers pay higher bills; enterprises reprice connectivity budgets.
Upstream
Tower, fibre and equipment vendors benefit only as telco cash converts to capex — slow second order.
Where demand moves
Business
Higher ARPU repairs telco cash flows, unlocking tower payments and future capex orders for vendors.
Capital
Telecom paper re-rates on pricing power; towerco (Indus) gets VI-risk discount unwind.
How it spreads across sectors
Telecommunication
ARPU reflation lifts operators 1-4%; vendors lag one cycle
When it plays out
Immediate
Airtel/Hexacom/Indus bid up on pricing-power math
Medium term
ARPU gains fund 5G capex; VI survival decides towerco re-rating
Short term
Actual hike announcements and Jio IPO pricing confirm or deny the trade
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 27 Jul 2026 | unspecified | ₹1.25 |
|---|---|---|
| 26 Jul 2024 | unspecified | ₹1.75 |
| 4 Sep 2023 | unspecified | ₹2.5 |
| 15 Sep 2022 | unspecified | ₹1.5 |
| 15 Sep 2021 | unspecified | ₹1 |
| 29 Jul 2019 | unspecified | ₹2 |
| 23 Jul 2018 | unspecified | ₹1 |
| 10 Aug 2016 | unspecified | ₹1 |
Splits, bonuses & buybacks
- daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 9 Sep 2026 | NEO APEX SHARE BROKING SERVICES LLP | BUY | 1,63,895 | ₹352.91 |
| 9 Sep 2026 | NEO APEX SHARE BROKING SERVICES LLP | SELL | 1,56,047 | ₹356.16 |
| 7 Sep 2026 | MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED | BUY | 1,57,612 | ₹360.01 |
| 7 Sep 2026 | MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED | SELL | 1,40,514 | ₹359.21 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2610 Jul 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.