Birla Corporation (BIRLACORPN)₹814.90−1.74%Cement & Cement Products
In the Sep 2026 quarter (consolidated), Birla Corporation reported sales of ₹2,415 Cr, up 9.4% from Sep 2025, and net profit of ₹36.89 Cr, down 58.9% year on year. For the year to Mar 2026, sales were ₹9,665 Cr and net profit ₹556 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,310 | 2,656 | 2,191 | 1,954 | 2,257 | 2,816 | 2,455 | 2,207 | 2,159 | 2,839 | 2,645 | 2,415 |
| Expenses | 1,924 | 2,174 | 1,924 | 1,768 | 2,002 | 2,271 | 2,100 | 1,896 | 1,859 | 2,316 | 2,296 | 2,179 |
| Operating Profit | 377 | 470 | 257 | 176 | 247 | 532 | 346 | 304 | 292 | 508 | 341 | 227 |
| OPM % | 16.0% | 18.0% | 12.0% | 9.1% | 11.0% | 19.0% | 14.1% | 14.0% | 14.0% | 18.1% | 13.1% | 9.0% |
| Other Income | 16.05 | 33.08 | 17.04 | 17.04 | 15.04 | 10.04 | 32.08 | 27.08 | −15.03 | 67.15 | 23.06 | 26.07 |
| Interest | 96.60 | 81.72 | 85.63 | 84.70 | 82.66 | 72.68 | 70.68 | 66.78 | 64.69 | 61.73 | 66.77 | 62.79 |
| Depreciation | 145 | 150 | 146 | 145 | 139 | 142 | 131 | 134 | 133 | 134 | 142 | 138 |
| Profit before tax | 153 | 274 | 44.12 | −36.09 | 41.07 | 329 | 177 | 131 | 80.22 | 381 | 156 | 52.13 |
| Tax % | 29.0% | 29.0% | 26.0% | −29.0% | 25.0% | 22.0% | 33.0% | 31.0% | 34.0% | 23.0% | 26.0% | 28.0% |
| Exceptional items | 0.00 | 4.99 | 0.00 | 0.00 | 0.00 | −28.95 | 0.00 | 0.00 | −22.98 | 18.95 | 0.00 | 0.00 |
| Net Profit | 109 | 193 | 32.90 | −24.95 | 30.94 | 257 | 120 | 89.74 | 52.85 | 294 | 116 | 36.89 |
| EPS (Rs) | 14.14 | 25.02 | 4.23 | −3.26 | 4.04 | 33.24 | 15.50 | 11.72 | 6.83 | 38.17 | 15.00 | 4.86 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,269 | 4,348 | 5,728 | 6,552 | 6,922 | 6,788 | 7,459 | 8,683 | 9,665 | 9,219 | 9,665 | 10,057 |
| Expenses | 2,972 | 3,711 | 4,907 | 5,578 | 5,545 | 5,416 | 6,332 | 7,872 | 8,187 | 7,959 | 8,167 | 8,650 |
| Operating Profit | 285 | 622 | 806 | 945 | 1,342 | 1,347 | 1,106 | 782 | 1,434 | 1,216 | 1,449 | 1,368 |
| OPM % | 9.1% | 14.0% | 14.1% | 14.1% | 19.1% | 20.0% | 15.1% | 9.0% | 15.0% | 13.0% | 15.1% | 13.6% |
| Other Income | 146 | 139 | 62.15 | 78.25 | 74.21 | 28.06 | 67.17 | 107 | 90.21 | 56.20 | 110 | 101 |
| Interest | 81.71 | 276 | 377 | 369 | 387 | 295 | 242 | 337 | 371 | 326 | 263 | 256 |
| Depreciation | 149 | 255 | 331 | 338 | 351 | 370 | 396 | 509 | 577 | 570 | 531 | 546 |
| Profit before tax | 201 | 231 | 160 | 318 | 683 | 715 | 539 | 43.11 | 581 | 379 | 771 | 670 |
| Tax % | 17.0% | 5.0% | 4.0% | 19.0% | 26.0% | 12.0% | 26.0% | 6.0% | 27.0% | 22.0% | 27.0% | — |
| Exceptional items | 6.99 | 51.89 | −6.98 | 5.99 | −5.99 | −57.90 | −20.97 | −2.99 | 2.99 | −31.94 | −4.99 | −4.03 |
| Net Profit | 167 | 218 | 153 | 255 | 504 | 628 | 398 | 39.91 | 420 | 294 | 556 | 500 |
| EPS (Rs) | 21.73 | 28.42 | 19.93 | 33.13 | 65.37 | 81.62 | 51.62 | 5.25 | 54.42 | 38.24 | 72.19 | 64.86 |
| Dividend payout % | 28.1% | 23.1% | 33.0% | 23.1% | 11.1% | 12.1% | 19.1% | 48.1% | 18.1% | 26.1% | 17.1% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 77.23 | 77.21 | 77.25 | 77.23 | 77.22 | 77.30 | 77.27 | 77.23 | 77.20 | 77.27 | 77.29 | 77.26 |
| Reserves | 2,547 | 2,846 | 3,206 | 4,198 | 4,413 | 4,725 | 5,403 | 5,967 | 5,891 | 6,585 | 6,934 | 7,276 |
| Borrowings | 1,300 | 1,280 | 4,253 | 4,128 | 4,046 | 4,276 | 4,144 | 4,321 | 4,455 | 3,898 | 3,485 | 3,388 |
| Other Liabilities | 1,067 | 1,025 | 2,149 | 2,657 | 2,780 | 3,084 | 3,261 | 3,474 | 3,650 | 3,882 | 3,847 | 3,797 |
| Total Liabilities | 4,991 | 5,228 | 9,685 | 11,061 | 11,317 | 12,163 | 12,886 | 13,840 | 14,074 | 14,444 | 14,342 | 14,537 |
| Fixed Assets | 1,925 | 2,031 | 6,350 | 7,357 | 7,249 | 7,318 | 7,313 | 7,560 | 9,830 | 9,778 | 9,515 | 9,547 |
| CWIP | 123 | 62.87 | 804 | 760 | 913 | 1,601 | 2,102 | 2,548 | 358 | 481 | 559 | 470 |
| Investments | 1,312 | 1,693 | 566 | 674 | 879 | 839 | 754 | 1,012 | 869 | 1,291 | 1,456 | 1,651 |
| Other Assets | 1,633 | 1,440 | 1,964 | 2,269 | 2,275 | 2,405 | 2,718 | 2,720 | 3,018 | 2,895 | 2,812 | 2,869 |
| Inventories | 553 | 567 | 631 | 687 | 784 | 789 | 816 | 831 | 1,079 | 986 | 999 | 1,144 |
| Trade receivables | 87.76 | 93.73 | 132 | 190 | 261 | 249 | 279 | 302 | 322 | 414 | 338 | 316 |
| Cash & equivalents | 468 | 363 | 312 | 220 | 139 | 256 | 177 | 138 | 218 | 159 | 126 | 135 |
| Total Assets | 4,991 | 5,228 | 9,685 | 11,061 | 11,317 | 12,163 | 12,886 | 13,840 | 14,074 | 14,444 | 14,342 | 14,537 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 282 | 249 | 678 | 806 | 1,066 | 1,343 | 1,329 | 1,041 | 806 | 1,622 | 1,672 | 950 |
| Cash from investing activity | −11.01 | −11.02 | −984 | −235 | −544 | −1,185 | −583 | −776 | −366 | −701 | −888 | −497 |
| Cash from financing activity | −266 | −203 | 281 | −557 | −537 | −202 | −703 | −271 | −319 | −973 | −825 | −445 |
| Net cash flow | 6.01 | 36.04 | −24.05 | 15.03 | −14.03 | −44.06 | 45.08 | −6.01 | 122 | −50.11 | −39.09 | 12.02 |
| Capex | 0.00 | 170 | 208 | 280 | 421 | 995 | 807 | 784 | 633 | 531 | 447 | 471 |
| Free cash flow | 68.02 | 85.06 | 474 | 529 | 661 | 355 | 527 | 263 | 179 | 1,096 | 1,227 | 483 |
| CFO / OP % | 108.0% | 99.0% | 117.0% | 106.0% | 117.0% | 103.0% | 105.0% | 99.0% | 109.0% | 118.0% | 143.0% | 77.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 9 | 10 | 10 | 11 | 14 | 12 | 14 | 14 | 13 | 15 | 12 | 11 |
| Inventory days | 428 | 343 | 339 | 301 | 303 | 313 | 301 | 288 | 360 | 228 | 263 | 281 |
| Days payable | 124 | 99 | 199 | 225 | 244 | 209 | 219 | 265 | 308 | 201 | 231 | 222 |
| Cash conversion cycle | 313 | 254 | 151 | 88 | 74 | 117 | 98 | 37 | 66 | 42 | 45 | 71 |
| Working capital days | 30 | 0 | 16 | 14 | −2 | −19 | 0 | 0 | 0 | −11 | −23 | −19 |
| ROCE % | 6.0% | 7.0% | 7.0% | 7.0% | 7.9% | 11.9% | 12.0% | 8.0% | 4.0% | 9.0% | 7.0% | 9.9% |
For the Sep 2026 quarter, Birla Corporation reported sales of ₹2,415 Cr, up 9.4% year on year and net profit of ₹36.89 Cr, down 58.9% year on year. The operating margin was 9.0%.
Birla Corporation's sales for the year to Mar 2026 were ₹9,665 Cr; over the last twelve months they were ₹10,057 Cr.
Net profit for the year to Mar 2026 was ₹556 Cr, and ₹500 Cr over the last twelve months. Earnings per share over the same trailing period were ₹64.86.
Birla Corporation reported borrowings of ₹3,388 Cr at Mar 2026, against cash and equivalents of ₹135 Cr.
Cash from operations was ₹950 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹483 Cr.