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Prices as of 8 Oct 2026 close · Not investment advice

Birla Corporation

NSE: BIRLACORPNCement & Cement Products

Share price

₹794.85

-2.40% close of 8 Oct 2026

Market cap ₹6,120 CrP/E 11.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

66

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,120 Cr

P/E ratio

11.0

P/B ratio

0.8

ROCE

9.8%

ROE

7.8%

Dividend yield

1.5%

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.

Prices as of 8 Oct 2026 close52-week high ₹1,217.1052-week low ₹782.40

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 3.9% over the past year, and 11.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 13.1% to 14.6% over the last four years.

Whether it grew faster than its sector

It grew 11.4% a year against a sector median of 8.5% — 3.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 11.0× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 35.7×, across 5 companies. It is against its own five-year median of 23.7×, the 0th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.1 times its growth rate, on earnings growth of 134%.

Profit growthPrice per ₹1 profitPer 1% growth
Birla Corporation — this one134%/yr11.0×—
UltraTech Cement17%/yr35.7×₹2.1
Grasim Industries Limited-10%/yr33.9×—
Ambuja Cements21%/yr17.9×₹0.85
Shree Cement10%/yr47.7×₹4.8
JK Cement33%/yr39.1×₹1.2

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 (Cement & Cement Products), it ranks 13 of 34 on returns, 12 of 31 on growth, 13 of 34 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 9.8% on capital, ahead of 62% 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 last five years it made ₹6083 crore of cash from the business, spent ₹2837 crore on plant and equipment, and returned ₹2824 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 310 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back faster than it used to: it went from being waiting 0 days for its cash to paid 18 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

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
₹6,120 Cr
Prev close
₹794.85
52w High
₹1,244
52w Low
₹770
Enterprise value
₹9,374 Cr
Beta
1.2
Price CAGR 1y
-32.0%
Price CAGR 3y
-14.0%
Price CAGR 5y
-10.0%
Price CAGR 10y
1.0%

Ratios

Return on assets
3.8%
PEG ratio
0.1
P/E ratio
11.0
P/B ratio
0.8
EV / EBITDA
6.5
Industry P/E
27.4
ROCE
9.8%
ROCE 5y average
7.6%
ROE
7.8%
Debt / Equity
0.5
Interest coverage
3.9
Dividend yield
1.5%
ROE 3y average
6.0%
ROE last year
8.0%

Annual P&L

Annual revenue
₹9,656 Cr
Annual profit
₹558 Cr
Operating margin
15.0%
Net profit margin
5.8%
EBITDA margin
15.1%
Sales growth 3y
3.6%
Sales growth 5y
7.3%
Profit growth 3y
134.0%
Profit growth 5y
-4.0%
EPS
₹72.4
Sales growth TTM
4.0%
Profit growth TTM
35.0%
Dividend payout
17.0%

Quarter P&L

Sales latest quarter
₹2,646 Cr
Profit latest quarter
₹116 Cr
YoY quarterly sales growth
7.8%
YoY quarterly profit growth
-3.3%
OPM latest quarter
12.9%

Balance Sheet

Book Value
₹956
Face Value
₹10.0
Total debt
₹3,391 Cr
Total cash
₹135 Cr
Borrowings
₹3,391 Cr
Reserves / Equity
94.6

Cash Flow

Operating cash flow
₹950 Cr
Free cash flow
₹483 Cr
FCF yield
3.6%
Net cash flow
₹12 Cr

Shareholding

Promoter holding
62.9%
FII holding
6.1%
DII holding
17.0%
Public holding
14.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
UltraTech Cem.10,658.0036.33,12,7062.252,603.715.824,648.215.812.7
Grasim Inds2,921.1034.71,99,0590.343,846.350.048,716.221.48.0
Ambuja Cements356.9018.888,5730.56660.0-29.89,500.0-7.75.6
Shree Cement21,780.0048.579,0530.69531.1-17.76,233.118.010.3
J K Cements5,047.0040.039,0250.40274.6-14.54,031.720.315.1
Dalmia BharatLtd1,640.1028.030,7360.55192.0-15.33,890.07.07.6
ACC1,165.5011.521,9070.64147.0-56.35,808.0-4.611.3
Birla Corpn.814.4011.26,2651.53115.7-3.22,646.57.89.8
Median159.1328.02,7770.3340.6-22.7742.79.57.0

Competes with: ACC Limited, Ambuja Cements, Dalmia Bharat, Grasim Industries Limited, JK Cement, Shree Cement, UltraTech Cement

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,4072,2862,3102,6542,1901,9532,2572,8152,4542,2072,1592,8362,646
Expenses2,1091,9971,9322,1821,9321,7752,0092,2812,1071,9021,8662,3262,304
Material Cost394374370344396449
Change in Inventories7079-102-10489-23
Purchases of Stock-in-Trade6.717.677.939.371114
Employee Cost132152152148133155
Other Expenses1,6791,4941,4741,4681,6971,709
Operating Profit298289378472258177248534347305293510342
OPM %12131618129.0811191414141813
Other Income16271633171715103227-156723
Exceptional items (within Other Income)-3800-34280
Interest97959782868583737167656267
Depreciation140143145150146145139142131134133134142
Profit before tax767715327344-364132817713180380156
Tax %2224292926-2925223331342326
Net Profit605810919333-25312571209053295116
EPS in Rs7.757.5814254.24-3.274.053316126.853815
Diluted EPS in Rs3316126.853815

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,2103,2684,3485,7306,5496,9166,7857,4618,6829,6569,2149,6569,848
Expenses2,9082,9823,7244,9225,6005,5695,4346,3517,8988,2167,9948,2018,398
Material Cost1,4441,485
Change in Inventories-78-38
Purchases of Stock-in-Trade1936
Employee Cost564584
Other Expenses6,0496,133
Operating Profit3022866248089491,3471,3521,1107851,4401,2211,4551,450
OPM %99141414192015915131515
Other Income14314613962787428671079056110101
Exceptional items (within Other Income)-38-6.55
Interest7882277378371388296243339372327264261
Depreciation154149256332339352371397510578572532544
Profit before tax21320123016031768271353843580378769747
Tax %181754192612266272227
Net Profit17516821915425650563039940421295558554
EPS in Rs23222920336682525.2655387272
Diluted EPS in Rs3872
Dividend Payout %262823332311121948182617

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
11%
5 years
7%
3 years
4%
TTM
4%

Compounded profit growth

10 years
13%
5 years
-4%
3 years
134%
TTM
35%

Stock price CAGR

10 years
1%
5 years
-10%
3 years
-14%
1 year
-32%

Return on equity

10 years
7%
5 years
6%
3 years
6%
Last year
8%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital777777777777777777777777
Reserves2,5502,8483,2094,2034,4184,7295,4095,9725,9046,5976,9387,288
Borrowings1,3021,2814,2554,1304,0494,2824,1464,3264,4623,9033,4893,391
Other Liabilities1,0661,0232,1572,6642,7873,0873,2683,4883,6463,8803,8583,795
Minority Interest0.030.02
Total Liabilities4,9955,2299,69811,07511,33212,17512,90113,86314,08914,45814,36114,550
Fixed Assets1,9282,0336,3627,3687,2637,3267,3247,5779,8439,7909,5359,558
CWIP123638057629141,6042,1052,551358481560471
Investments1,3091,6905646728778367521,0098671,2871,4521,646
Other Assets1,6361,4431,9662,2722,2772,4102,7202,7263,0212,9002,8142,875
Total Assets4,9955,2299,69811,07511,33212,17512,90113,86314,08914,45814,33114,510

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2822496778051,0641,3411,3281,0398051,6201,669950
Cash from Investing Activity-11-11-982-234-543-1,184-582-775-365-700-886-496
Cash from Financing Activity-265-202280-555-535-201-702-270-318-970-823-443
Net Cash Flow636-2415-14-4445-6122-50-3912
Free Cash Flow68854735296613555262631791,0951,226483

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days101111121513151514161312
Inventory Days428343339301303313301288360228263281
Days Payable12398198224243208218264307200230221
Cash Conversion Cycle3142551528975118993867434672
Working Capital Days3101715-1-18001-10-22-18
ROCE %677781212849710

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters636363636363636363636363
FIIs6.586.456.795.995.465.606.277.056.706.546.266.13
DIIs161616161616161616151717
Public151415151515151515151414
No. of Shareholders90,38795,7291,11,0961,23,6251,41,0001,45,3151,39,4851,27,3551,23,0731,20,30693,94288,705

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -32.9% (₹1,185.40 → ₹794.85)Brick size ₹22.85 (fixed)Bricks 62
₹1,000₹1,200₹795Dec '25Feb '26Apr '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹794.85 on 8 Oct 2026

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

company capacity utilisation %

90.00pct

2026-06-30

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

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)

125cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,39,94,203inr

2026-03-31

News

News and filings about Birla Corporation. Open one to see why it matters.

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

  • alternative fuels (waste mix solids, ETP sludge, mustard husk, TDI tar, industrial waste)
  • blast furnace slag
  • coal
  • fly ash
  • gypsum
  • limestone
  • packing bags (HDPE / paper)
  • petcoke
  • raw jute

Depends on the price of

  • coal
  • diesel
  • fuel
  • jute

Sells to

  • Bharat Heavy Electricals · MP Birla Concrecem OPC 43 Grade + Multicem (institutional)
  • Construction & infrastructure (non-trade / RMC) · bulk OPC/PPC/PSC cement
  • Hindustan Zinc · MP Birla Concrecem OPC 43 Grade cement (institutional)
  • Larsen & Toubro · MP Birla Concrecem OPC 53 Grade cement (institutional infra)

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction Materials
Industry
Cement & Cement Products
Classification
Construction Materials › Cement & Cement Products
ISIN
INE340A01012

Business segments

  • Cement · 95%
  • Jute · 5%
  • Others · 0%

Plants

  • Birla Cement Works / Chanderia Cement Works · Chanderia, Rajasthan
  • Birlapur Jute Mill
  • Butibori Grinding Unit · Butibori / Nagpur, Maharashtra
  • Durgapur Cement Works / Durgapur Hitech Cement · Durgapur, West Bengal
  • Kundanganj Grinding Unit · Kundanganj / Raebareli, Uttar Pradesh
  • Maihar Integrated Unit · Maihar, Madhya Pradesh
  • Mukutban Integrated Unit · Mukutban / Yavatmal, Maharashtra
  • Raebareli Hitech Cement Works
  • Satna Cement Works · Satna, Madhya Pradesh

News impact

Big market events that reach Birla Corporation, and how the effect spreads.

Who it hits first

  • DALBHARAT — nearing JAL cement acquisition (~13-14 MTPA capacity in central India)
  • JAL cement assets transferring under NCLT/insolvency resolution

Who may gain

  • DALBHARAT — fills central-India capacity gap; pricing power improves on top-5 concentration
  • Cement sector overall — consolidation reduces fragmented competition (already evident from FY26 pricing discipline)

Along the supply chain

Downstream

Infra/real estate developers benefit from rationalised pricing/availability

Upstream

Coal/petcoke (coal flat), limestone, fly ash — unchanged input mix

Where demand moves

Business

JAL idle/distressed capacity exits market → tightens supply, supports pan-India cement realisations; Top-5 share now ~70%+

Capital

Cement sector defensive narrative; FII inflow into top-5 cement plays continues

How it spreads across sectors

Cement

Concentration improves industry pricing discipline

Construction Materials

Industry stability supports broader infra capex narrative

Infrastructure

Sustainable cement pricing supports project economics

When it plays out

Immediate

DALBHARAT +3-5% on accretive deal; AMBUJACEM, ULTRACEMCO mild +1-2% on industry pricing tailwind

Medium term

FY27 capacity utilization, regional pricing power play out

Short term

CCI/NCLT approval timelines, integration cost disclosure

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

24 Jul 2026unspecified₹12.5
8 Sep 2025unspecified₹10
29 Jul 2024unspecified₹10
29 Aug 2023unspecified₹2.5
19 Sep 2022unspecified₹10
21 Sep 2021unspecified₹10
5 Aug 2019unspecified₹7.5
12 Jul 2018unspecified₹6.5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.