Important Information Regarding Birla Corporation Limited in 2023
Table of Contents
Birla Corpotation Limited… | NSE(BIRLACORPN), BSE(500335) www.birlacorporation.com.
Birla corporation Limited Profile:
Birla Corporation Limited., the flagship business of the M.P. Birla Group, owns the leading and most well-known cement brand in India, in the name of MP Birla Cement.
- Founded: 1919
- Head office: Kolkata
- Brand: MP Birla Cement
- CIN: L01132WB1919PLC003334
- Credit Rating:
- long-term rating: AA
- short-term borrow: A1+
- M Cap: 8,90,990.37 Lakhs
- Face value: ₹10
- CSR Spend: ₹7.64 crores
- Net Worth: ₹5980.80 crores
- Turnover: ₹5,441.19 crores
- Dividend: ₹2.50
- Earning per Share: ₹5.26
- RoE: 1.08%
- RoCE: 2.79%
- RoI: 2.91%
- Dividend: 100%
- Register address: 9/1, R N Mukherjee Road, Birla Building, Kolkata-700 001
- Corporate address: 1, Shakespeare Sarani (2nd Floor), Kolkata- 700 071
- E-mail: coordinator@birlacorp.com
- Telephone: (033) 6603-3300
In 1919, Birla Corporation Limited was founded as Birla Jute Manufacturing Company Limited. The company’s primary line of business is the production of cement. It is also well-represented in the market for jute products.
Reliance Cement Company Private Limited (Reliance Cement), a division of Reliance Infrastructure Limited (RIL), has 100% of its shares acquired by the Company. Reliance Cement has now joined Birla Corporation Limited as a wholly-owned material subsidiary as a result of this transaction.
The business has a number of cutting-edge cement manufacturing facilities throughout India, producing high-quality cement that has been a crucial component in the building of vital infrastructure, apartment buildings, and commercial structures.
They have 570 dealers and 1800 retailers.
Birla corporation Limited manufacturing Cement and power poduction:
The locations of BCL’s 11 production units, which have manufactured cement at 8 locations, have a 20 million ton installed capacity per year are as follows:
- Satna, Madhya Pradesh = 2.70
- Chanderia, Rajasthan = 4.20
- Durgapur, West Bengal = 2.05
- Raebareli, Uttar Pradesh = 1.24
- Maihar, Madhya Pradesh = 3.20
- Mukutban, Maharashtra = 3.90
- Kundanganj, Uttar Pradesh = 2.21
- Butibori, Maharashtra = 0.50
The Birla Corporation increased its usage of renewable energy sources and concentrated on developing alternative fuels and raw materials (AFR) from industrial waste. The combined solar and waste heat recovery system (WHRS) capacity of Birla Corporation is 36.2 MW and 43.35 MW.
- Power Generation in 2022-2023
- Thermal Power Plant: 711.40 Lakh units
- Waste Heat Recovery System: 1183.73 Lakh units
- Solar Power: 113.68 Lakh units
MP Birla cement Brand:
- MP Birla Cement Rakshak
- MP Birla Cement Perfect Plus
- MP Birla Cement Samrat Advanced
- MP Birla Cement Ultimate Ultra
- MP Birla Cement Unique Plus (PSC)
- MP Birla Cement Samrat (PPC)
- MP Birla Cement Ultimate (PPC)
- MP Birla Cement Chetak (PPC)
- MP Birla Cement PSC (PSC)
- MP Birla Cement Multicem (PPC)
- MP Birla Cement Concrecem (OPC)
- Value Added Products:
- Perfect Plus Wall Putty & Construction Chemicals
Birla Corporation of Shareholding Pattern:
- Promoter & Promoter Group: 62.90%
- Insurance Companies: 2.02%
- Foreign Portfolio Investors: 5.74%
- Mutual Funds: 14.18%
- NRI: 0.62%
- Individuals: 10.57%
- Others: 3.97%
Birla Corporation of Subsidiary companies:
The Birla Corporation Company has 7 (seven) subsidiary companies, including RCCPL Private Limited, Lok Cement Limited, Talavadi Cements Limited, Birla Jute Supply Company Limited, Budge Budge Floorcoverings Limited, Birla Cement (Assam) Limited, and M.P. Birla Group Services Private Limited, as well as 2 (two) step-down wholly owned subsidiary companies, AAA Resources Private Limited and Utility Infrastructure & Works Private Limited.
Birla Corporation Digital Initiatives:
Enterprise-Wide: The implementation of Project Milan, which involved merging two disparate SAP instances from Birla Corporation Limited and RCCPL Private Limited, a material subsidiary, has now reached a stable state and is assisting in centralizing operations and providing real-time visibility across all of its facilities and organizational units in a single location.
Sales & Marketing: The rollout of customer relationship management has been completed, enabling a 360-degree view of the customer at your fingertips. The team and dealers have immediate access to information about the Product, Orders, Sales, Invoices, Payments, Credit, etc. using the Dealer Management App. By making the management of loyalty incentives simple, loyalty management apps have improved engagement and revenue.
The Customer Onboarding Portal now makes it possible for dealers to be onboarded digitally, and chatbot and WhatsApp customer support offer prompt, individualized assistance, increasing customer engagement.
Logistics & Transportation: Key unit e-bidding platforms now offer a solid method for effective price discovery across outbound deliveries, resulting in considerable savings. The effective implementation of in-plant automation as part of the Integrated Logistics Management System (ILMS) at a few selected Integrated Units has increased confidence in the potential of convergence.
Operations & Maintenance: Improvements to the Performance KPI Dashboards, Top Management MIS, Maintenance Process, and Quality Control Process have all improved the Company’s visibility across organizational-wide O&M operations by offering a solitary, trustworthy, centralized picture of crucial operational and financial parameters.
Birla Corporation Financial Information:
Year | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
Revenue from operation | 8682.27 | 7461.22 | 6785.45 | 6915.69 | 6548.73 |
Profit before tax | 546.34 | 966.13 | 1141.20 | 1033.43 | 656.56 |
Tax Expenses | 2.61 | 139.16 | 82.45 | 176.34 | 61.74 |
Net Profit | 40.50 | 398.59 | 630.14 | 505.18 | 255.70 |
Cash Flow statement:
Particulars | 2023 | 2022 |
Net Cash from Operating Activities | 805.46 | 1,039.15 |
Net Cash used in Investing Activities | (365.03) | (775.09) |
Net Cash used in Financing Activities | (318.31) | (270.26) |
Cash and Cash Equivalents | 206.51 | 84.39 |
Financial Ratio:
Financial Ratios | 2022-2023 | 2021-2022 |
Debtors Turnover | 23.92 | 22.64 |
Inventory Turnover | 7.91 | 7.93 |
Interest Coverage Ratio | 3.20 | 5.47 |
Current Ratio | 1.34 | 1.59 |
Debt Equity Ratio | 0.23 | 0.25 |
Operating Profit Margin (%) | 4.95 % | 10.28 % |
Net Profit Margin (%) | 0.85% | 4.28% |
Return on Net Worth (%) | 1.08% | 4.77% |
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