Birla Cable Limited (BIRLACABLE)

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Birla Cable Limited (BIRLACABLE) · mywealthgrid

About

Birla Cable Limited operates in telecom equipment and accessories within the communication services sector, with ₹865.32 Cr market cap. Recent quarters show strong momentum: Jun 2026 revenue of ₹266.64 Cr represents 51% growth from Sep 2025. The company supplies infrastructure components whose demand depends on telecom operator capex timing.

Face value: ₹10

Market cap

₹1,149 Cr

P/E

24.9×

P/B

4.1×

Dividend yield

0.3%

ROE

6.3%

ROCE

11.1%

Debt / equity

0.47

OPM

6.1%

EPS (TTM)

₹15.4

Book value

₹93.6

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Margin volatility: OPM swung from 4.09% (Sep 2025) to 17.24% (Jun 2026); verify whether recent expansion is structural or reflects a cyclical peak
Low return on equity: ROE of 6.33% suggests capital inefficiency; verify if this reflects sector norms or company-specific issues
Profitability concentration: Jun 2026 net profit ₹30.7 Cr vs ₹0.69 Cr (Sep 2025); verify revenue quality and cost-base stability
Telecom capex dependence: As an equipment supplier, verify exposure to operator capex cycles and current position within the cycle

Generated analysis · source review pending

Growth drivers

Revenue acceleration: Jun 2026 revenue ₹266.64 Cr up 51% from Sep 2025 ₹176.07 Cr; verify demand pipeline and order-book visibility
Operating margin recovery: OPM improved to 17.24% (Jun 2026) from 4.09% (Sep 2025); verify if driven by cost reduction, pricing, or product mix
Profitability inflection: Net profit ₹30.7 Cr (Jun 2026) vs ₹0.69 Cr (Sep 2025) signals recovery; verify if breakeven inflection has structural support
Capital efficiency potential: ROE at 6.33% is low; improved operational efficiency or asset turns could drive returns toward sector benchmarks

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹383.0+3.8%1Y

Quick read

rule-based

Pros

+High promoter holding of 66.4% with no pledge

Cons

−Low return on equity of 5.8% (3-yr avg)
−Thin operating margin of 6.1%
−Profit declined 19.9% a year over the last 3 years
−Revenue shrank over the last 3 years (-0.9% a year)
−Low dividend payout of 8.1% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

45/100

Business quality: 24
Growth: 50
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	792	686	662	771
COGS	628	546	533	626
Gross profit	164	140	128	145
	101	99	96	98
	63	40	33	47
OPM %	8%	5.9%	4.9%	6.1%
Depreciation	11	11	16	16
Interest	13	15	13	12
	5	15	3	4
Profit before tax	44	30	7	23
Tax	11	8	2	6
Tax %	25.1%	25.7%	26.8%	25.3%
	33	22	5	17
PAT margin %	4.2%	3.2%	0.7%	2.2%
EPS (₹)	11	7.4	1.6	5.6
EPS adjusted (₹)	11	7.4	1.6	5.6
	22.8%	23.7%	0%	22.2%
Annual report	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	30	30	30	30	30
Reserves	—	199	221	223	251
	—	128	165	110	131
	—	103	42	53	52
Total equity & liabilities	—	461	458	416	464
	74	83	117	128	110
CWIP	—	3	0	0	0
Investments	—	28	36	41	51
	—	346	305	247	303
Total assets	—	461	458	416	464

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-8	16	112	-21
	-22	-32	-38	12
	30	15	-74	9
Net cash flow	1	-1	1	-0
Free cash flow	-35	-23	85	-23
CFO / Operating profit %	-12.4%	39.1%	343.4%	-44.1%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	20.7%	20.4%	19.4%	18.8%
EBITDA margin %	8%	5.9%	4.9%	6.1%
EBIT margin %	6.6%	4.3%	2.6%	4%
PAT margin %	4.2%	3.2%	0.7%	2.2%
Working capital
Receivable days	100	114	92	96
Inventory days	60	51	35	46
Payable days	49	17	20	18
NWC days	111	148	107	124
Leverage
Current ratio	2.09	2.43	2.18	2.19
Debt to EBITDA	2.03	4.09	3.36	2.8
Debt to equity	0.56	0.66	0.43	0.47
Interest coverage	4.4	3	1.5	2.8
Asset turnover	1.72	1.5	1.59	1.66
Return ratios
Return on assets %	7.1%	4.8%	1.2%	3.6%
Return on capital employed %	19%	14.1%	6.3%	11.1%
Return on equity %	14.4%	8.8%	1.9%	6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	66.35%	66.35%	66.35%	66.35%	66.35%	66.35%	66.35%	66.35%	66.35%	66.35%	66.35%	66.35%
	0.01%	0%	0.33%	0.03%	0%	0%	0.13%	0.05%	0.01%	0.02%	0%	0.02%
	0.08%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	33.56%	33.64%	33.31%	33.61%	33.64%	33.64%	33.51%	33.59%	33.63%	33.62%	33.64%	33.62%
No. of shareholders	—	—	—	—	—	—	—	—	49,374	48,327	47,691	48,220

Promoter holding up 0 percentage points since Sep 2023.

92 deals · 10 Feb 2022 – 9 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
9 Sept 2026	NEO APEX SHARE BROKING SERVICES LLP	Bulk	NSE	Buy	1,63,895	₹352.91	₹5.78 Cr
9 Sept 2026	NEO APEX SHARE BROKING SERVICES LLP	Bulk	NSE	Sell	1,56,047	₹356.16	₹5.56 Cr
7 Sept 2026	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Buy	1,57,612	₹360.01	₹5.67 Cr
7 Sept 2026	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Sell	1,40,514	₹359.21	₹5.05 Cr
17 Jun 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	1,85,048	₹207.75	₹3.84 Cr
17 Jun 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	1,85,048	₹207.94	₹3.85 Cr
17 Jun 2025	QE SECURITIES LLP	Bulk	NSE	Sell	1,84,576	₹206.97	₹3.82 Cr
17 Jun 2025	QE SECURITIES LLP	Bulk	NSE	Buy	1,79,705	₹206.82	₹3.72 Cr
16 Jul 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	3,04,340	₹301.46	₹9.17 Cr
16 Jul 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	3,04,340	₹301.26	₹9.17 Cr

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Mr. Harsh Vardhan LodhaNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. Dhan Raj BansalNon-Executive - Non Independent Director
Mr. Bachh Raj NaharNon-Executive - Independent Director
Mrs. Kiran AggarwalNon-Executive - Independent Director
Mr. Pandanda Kariappa MadappaNon-Executive - Independent Director
Mr. Ravindra Pratap SinghNon-Executive - Non Independent Director
Mr. Somesh LaddhaManager & Chief Financial Officer
Ms. SumanCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Birla Cable Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirement) Regulations, 2015 - Credit Ratings1 Apr 2026

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

10

Final dividend27 Jul 2026 · ex-date₹1.25
Final dividend26 Jul 2024 · ex-date₹1.75
Dividend dividend4 Sept 2023 · ex-date₹2.5
Dividend dividend15 Sept 2022 · ex-date₹1.5
Dividend dividend15 Sept 2021 · ex-date₹1
Dividend dividend29 Jul 2019 · ex-date₹2
Dividend dividend23 Jul 2018 · ex-date₹1
Dividend dividend10 Aug 2016 · ex-date₹1
Dividend dividend15 Jul 2015 · ex-date₹1
Dividend dividend4 Aug 2014 · ex-date₹1

1

Board meeting to consider results2 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

16 announcementsExport CSV

7 Sept 2026, 6:41 pmCompany Update

Clarification Regarding Significant Movement In The Price Of Company'S Security.

General PDF

7 Sept 2026, 6:25 pmCompany Update

Clarification sought from Birla Cable Ltd

Clarification

19 Aug 2026, 2:29 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

14 Aug 2026, 9:11 pmCompany Update

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Scheme of Arrangement PDF

4 Aug 2026, 8:51 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

3 Aug 2026, 9:54 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

2 Aug 2026, 6:17 pmBoard Meeting

Board Meeting Outcome for Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended On 30Th June, 2026.

Outcome of Board Meeting PDF

2 Aug 2026, 6:14 pmResult

Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended On 30Th June, 2026.

Financial Results PDF

Date	Category	Subject	Filing
7 Sept 2026, 6:41 pm	Company Update General	Clarification Regarding Significant Movement In The Price Of Company'S Security.	PDF
7 Sept 2026, 6:25 pm	Company Update Clarification	Clarification sought from Birla Cable Ltd

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Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	20.7%	20.4%	19.4%	18.8%
EBITDA margin %	8%	5.9%	4.9%	6.1%
EBIT margin %	6.6%	4.3%	2.6%	4%
PAT margin %	4.2%	3.2%	0.7%	2.2%
Working capital
Receivable days	100	114	92	96
Inventory days	60	51	35	46
Payable days	49	17	20	18
NWC days	111	148	107	124
Leverage
Current ratio	2.09	2.43	2.18	2.19
Debt to EBITDA	2.03	4.09	3.36	2.8
Debt to equity	0.56	0.66	0.43	0.47
Interest coverage	4.4	3	1.5	2.8
Asset turnover	1.72	1.5	1.59	1.66
Return ratios
Return on assets %	7.1%	4.8%	1.2%	3.6%
Return on capital employed %	19%	14.1%	6.3%	11.1%
Return on equity %	14.4%	8.8%	1.9%	6%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Sterlite Technologies LimitedSTLTECHSTLTECH	₹49,095 Cr	₹50,922 Cr	₹5,642 Cr	₹829 Cr	12%	₹280 Cr	1.2%	9.5%	2.6%	58
Iti LimitedITIITI	₹23,210 Cr	₹23,975 Cr	₹2,111 Cr	₹53 Cr	2%	₹324 Cr	13.4%	2%	16.6%	-47
Tejas Networks LimitedTEJASNETTEJASNET	₹8,269 Cr	₹12,304 Cr	₹1,303 Cr	₹-647 Cr	-61.8%	₹-917 Cr	-82.4%	-26.7%	-26.8%	2,010
Optiemus Infracom LimitedOPTIEMUSOPTIEMUS	₹7,129 Cr	₹7,435 Cr	₹2,216 Cr	₹101 Cr	5.5%	₹73 Cr	3.7%	10.3%	9.2%	14
Valiant Communications LtdVALIANTVALIANT	₹1,973 Cr	₹1,975 Cr	₹85 Cr	₹30 Cr	35.6%	₹24 Cr	28.5%	40%	30.6%	172
Birla Cable LimitedBIRLACABLEBIRLACABLE	₹1,149 Cr	₹1,280 Cr	₹861 Cr	₹84 Cr	6.1%	₹46 Cr	2.2%	11.1%	6.3%	124
ADC India Communications LtdADCINDIAADCINDIA	₹1,031 Cr	₹1,031 Cr	₹200 Cr	₹21 Cr	10.3%	₹19 Cr	9.5%	31.2%	24.2%	24
Umiya Buildcon LimitedUMIYA-MROUMIYA-MRO	₹172 Cr	₹297 Cr	₹73 Cr	₹26 Cr	35.9%	₹9 Cr	58.3%	29.7%	44.4%	914
Aksh Optifibre LimitedAKSHOPTFBRAKSHOPTFBR	₹115 Cr	₹199 Cr	₹148 Cr	₹12 Cr	2.1%	₹-2 Cr	-10.3%	-7.1%	—	-77
Punjab Communications LtdPUNJCOMMUPUNJCOMMU	₹67 Cr	₹68 Cr	₹21 Cr	₹-20 Cr	-26.9%	₹-12 Cr	11.1%	9.9%	10.1%	-218
Telogica LtdTELOGICATELOGICA	₹53 Cr	₹58 Cr	₹19 Cr	₹1 Cr	6.4%	₹2 Cr	4.4%	6.2%	6.2%	293
Tamilnadu Telecommunication LimitedTNTELETNTELE	₹53 Cr	₹91 Cr	₹0 Cr	₹-1,644 Cr	—	₹-10,322 Cr	—	—	—	—

Birla Cable Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

10

1

Announcements

10

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Compounded sales growth

Compounded profit growth

Return on equity

Birla Cable Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends10

Board meetings1

Announcements

Dividends10

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

10

1

10

1