Birla Cable Limited

Company Profile

Birla Cable Limited had its IPO on under the ticker symbol BIRLACABLE.

The company operates in the Technology sector and Communication Equipment industry. Birla Cable Limited has a staff strength of 285 employees.

Stock update

Shares of Birla Cable Limited opened at ₹363.3 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹363.3 - ₹377.95, and closed at ₹363.3.

This is a -4.99% slip from the previous day's closing price.

A total volume of 777,193 shares were traded at the close of the day’s session.

In the last one week, shares of Birla Cable Limited have increased by +3.98%.

Birla Cable Limited's Key Ratios

Birla Cable Limited has a market cap of ₹11.52 billion, indicating a price to book ratio of 2.2653 and a price to sales ratio of 0.7072.

In the last 12-months Birla Cable Limited’s revenue was ₹8.18 billion with a gross profit of ₹660.06 million and an EBITDA of ₹675.38 million. The EBITDA ratio measures Birla Cable Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Birla Cable Limited’s operating margin was 6.95% while its return on assets stood at 8.11% with a return of equity of 15.84%.

In Q2, Birla Cable Limited’s quarterly earnings growth was a positive 306.2% while revenue growth was a positive 17.7%.

Birla Cable Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

27.579

PEG

Its diluted EPS in the last 12-months stands at ₹13.92 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Birla Cable Limited’s profitability.

Birla Cable Limited stock is trading at a EV to sales ratio of 0.8859 and a EV to EBITDA ratio of 10.322. Its price to sales ratio in the trailing 12-months stood at 0.7072.

Birla Cable Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 28.73%.

Balance sheet and cash flow metrics

Total Assets

₹4.61 billion

Total Liabilities

₹1.61 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

28.73%

Birla Cable Limited ended 2024 with ₹4.61 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹4.61 billion while shareholder equity stood at ₹2.29 billion.

Birla Cable Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹1.61 billion in other current liabilities, in common stock, ₹1.39 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹10.30 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹639.88 million.

Birla Cable Limited’s total current assets stands at ₹3.37 billion while long-term investments were ₹0 and short-term investments were ₹67.97 million. Its net receivables were ₹2.16 billion compared to accounts payable of ₹838.76 million and inventory worth ₹1.03 billion.

In 2024, Birla Cable Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Birla Cable Limited paid ₹0.29 in dividends in 2024.

Other key metrics

Current Trading Price

₹363.3

52-Week High

₹432.55

52-Week Low

₹117.9519

Analyst Target Price

₹

Birla Cable Limited stock is currently trading at ₹363.3 per share. It touched a 52-week high of ₹432.55 and a 52-week low of ₹432.55. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹239.7 and 200-day moving average was ₹169.99 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6819.1% of the company’s stock are held by insiders while 0% are held by institutions.