Financials Birla Cable Limited

Equities

BIRLACABLE

INE800A01015

Electrical Components & Equipment

Market Closed - NSE India S.E. 07:43:47 2024-04-26 am EDT 5-day change 1st Jan Change
274.4 INR +1.37% Intraday chart for Birla Cable Limited +5.86% -3.92%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,827 4,610 975 1,809 4,701 3,738
Enterprise Value (EV) 1 2,267 5,198 1,601 2,517 5,520 5,014
P/E ratio 11.3 x 9.8 x 96 x 22.1 x 21.6 x 11.3 x
Yield 1.64% 1.3% - 1.66% 0.96% 2.01%
Capitalization / Revenue 0.56 x 0.92 x 0.44 x 0.55 x 0.88 x 0.47 x
EV / Revenue 0.7 x 1.03 x 0.72 x 0.77 x 1.03 x 0.63 x
EV / EBITDA 6.55 x 6.57 x 9.57 x 10.1 x 12.8 x 7.98 x
EV / FCF -9.51 x -25.7 x 24.9 x -27.9 x -38 x -10.2 x
FCF Yield -10.5% -3.9% 4.02% -3.59% -2.63% -9.78%
Price to Book 1.5 x 2.68 x 0.63 x 1.07 x 2.52 x 1.63 x
Nbr of stocks (in thousands) 30,000 30,000 30,000 30,000 30,000 30,000
Reference price 2 60.90 153.6 32.50 60.30 156.7 124.6
Announcement Date 6/27/18 7/9/19 7/20/20 8/27/21 8/27/22 8/16/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 3,250 5,023 2,231 3,285 5,354 7,922
EBITDA 1 346.2 790.7 167.2 249.3 430.7 628.2
EBIT 1 267.3 686.1 52.61 141.2 327 525.3
Operating Margin 8.22% 13.66% 2.36% 4.3% 6.11% 6.63%
Earnings before Tax (EBT) 1 240.2 662.7 3.035 109.6 292.4 439.7
Net income 1 161.3 470.3 10.16 82.02 217.4 329.4
Net margin 4.96% 9.36% 0.46% 2.5% 4.06% 4.16%
EPS 2 5.378 15.68 0.3387 2.734 7.246 10.98
Free Cash Flow 1 -238.5 -202.5 64.29 -90.25 -145.3 -490.6
FCF margin -7.34% -4.03% 2.88% -2.75% -2.71% -6.19%
FCF Conversion (EBITDA) - - 38.46% - - -
FCF Conversion (Net income) - - 632.68% - - -
Dividend per Share 2 1.000 2.000 - 1.000 1.500 2.500
Announcement Date 6/27/18 7/9/19 7/20/20 8/27/21 8/27/22 8/16/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 440 589 626 708 819 1,276
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.271 x 0.7443 x 3.742 x 2.838 x 1.903 x 2.032 x
Free Cash Flow 1 -239 -203 64.3 -90.3 -145 -491
ROE (net income / shareholders' equity) 14.8% 32.1% 0.62% 5.06% 12.3% 15.8%
ROA (Net income/ Total Assets) 7.13% 14.3% 1.06% 2.95% 6.17% 8.14%
Assets 1 2,262 3,284 959.9 2,776 3,524 4,047
Book Value Per Share 2 40.50 57.20 51.90 56.10 62.20 76.50
Cash Flow per Share 2 0.1900 0.1700 4.610 0.0500 0.1800 0.3400
Capex 1 109 288 185 43.7 90.6 276
Capex / Sales 3.35% 5.73% 8.28% 1.33% 1.69% 3.48%
Announcement Date 6/27/18 7/9/19 7/20/20 8/27/21 8/27/22 8/16/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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