Birla Corporation Ltd

Birla Corporation Ltd.

Cement and Cement Products

FV – Rs 10; 52wks H/L – 801/440; TTQ – 2522 Lacs; CMP – Rs 795 (As On January 20, 2020);                     

            Market Cap – Rs 6120 Crs.


Consolidated Financials and Valuations (Amt in Rs Crs unless specified)
Particulars Equity Capital Net Worth Long Term Debt Total Sales PAT BV (Rs.) EPS (Rs.) P/E P/BV Industry P/E Promoter’s Holdings
2019 77.01 4495 3623 6627 256 584 33.2 23.9 1.4 41.2 62.9
9M FY20 77.01 4660 3544 3547 229 605 29.7 26.8 1.3 41.2 62.9


  • Birla Corporation Ltd is looking to scale up cement manufacturing capacity by over 60 % to 25 million tonnes (mt) from the current 15.5 mt in the next four to five years.

The expansion, which would be partly greenfield and partly brownfield, will entail a total investment of around Rs. 5000 Crs, to be funded through a mix of debt and equity. (

  • The Company paid a dividend of Rs. 7.50/- on a FV of Rs.10 (75%) amounting to Rs. 70 crs to the shareholders.
  • During the year under review, your Company has registered an increase of 12.11% in cement sales on standalone basis and 10.12% on consolidated basis. In absolute terms, the sale of cement on standalone basis has increased to 89.10 lakh tons compared to 79.48 lakh tons in the previous year. RCCPL has sold 49.28 lakh tons of cement during the year.


  • Birla Corporation Ltd offers products ranging from cement to jute goods, polyvinyl chloride (PVC) floor covering, as well as auto trims and steel castings. Its segments include Cement, Jute and Others.
  • Its Cement Division manufactures a range of cement, such as Ordinary Portland Cement (OPC), 43 & 53 grades, Portland Pozzolana Cement (PPC), Fly Ash-based PPC, Low Alkali Portland Cement, Portland Slag Cement, Low Heat Cement and Sulfate Resistant Cement.
  • Its cement is marketed under the brand names of Birla Cement SAMRAT, Birla Cement KHAJURAHO, Birla Cement CHETAK and Birla Premium Cement.
  • Its Jute Division manufactures over 120 tons of a range of jute products.
  • Its Vinoleum Division has a production capacity of approximately 48.60 lakh square meters of Cushion Vinyl flooring, PVC Coated Wallpaper, Coated Fabric and Cellular Plastic Sheet.


  • Harsh V. Lodha : Chairman
  • Bachh Raj Nahar : Managing Director
  • Aditya Saraogi : Chief Financial Officer


Major Non- Promoter Holdings:

Company No. of Shares Held % of Shares Held
Reliance Capital Trustee Ltd 5386405 6.99
Life Insurance Corporation of India 2708172 3.52


Segment Results:

Particulars 9M FY20 2019
  (Rs. Crs)
Segment Revenue:    
Cement 3342 6217
Jute 168 331
Others 4 7
Segment Resutls (PBT):    
Cement 548 671
Jute 6 11
Others -1 -3


Consolidated Financial Trends (Rs. Crs):

Particulars FY19 FY18 FY17 FY16
Equity Paid Up 77 77 77 77
Networth 4495 4280 3305 2925
Total Debt 3648 3895 4070 932
Net Sales 6549 5939 4981 3762
Other Income 78 74 147 177
PAT 256 154 219 168
Book Value (Rs) 584 556 429 380
EPS (Rs) 33.2 20.0 28.5 21.8


Net profit of Rs.256 crore is result of higher volumes, improved realizations and operational efficiency. (66% from the previous year)

Daily Bulletin (20th January, 2020)

1.Scrip code : 532523
Name : Biocon Ltd.
Subject : Biocon”s Oral Solid Dosage Manufacturing Facility Completes Pre-Approval U.S. FDA Inspection With Zero Observations.
This is to inform you that the U.S. Food and Drug Administration (FDA) conducted a Pre-Approval Inspection (PAI) of the Oral Solid Dosage Manufacturing Facility of Biocon Pharma Ltd, a subsidiary of Biocon Ltd, which was triggered by the submission of an Abbreviated New Drug Application (ANDA). The inspection of the Bengaluru facility, which took place between January 13 and January 17, 2020, concluded with zero observations and no Form 483 was issued. We remain committed to global standards of Quality and Compliance.” – Company Spokesperson Kindly take the same on record and acknowledge.

2.Scrip code : 542399
Name : Chalet Hotels Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
We wish to inform you that the Board of Directors of the Company has at its meeting held today i.e. January 17, 2020 approved the execution of a Share Purchase Agreement for acquisition of 100% of the Equity Shares and Zero Coupon, Fully Compulsorily Convertible Debentures of Belaire Hotels Private Limited (BHPL) and Seapearl Hotels Private Limited (SHPL), subject to conditions precedent. The Company has post the Board Meeting executed a Share Purchase Agreement of even date for the acquisition. The details as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A to this letter. You are requested to take the same on record.

3.Scrip code : 540953
Name : Kenvi Jewels Limited
Subject : Corporate Action- Fixed Record Date For Bonus Issue
With reference to the captioned subject and pursuant to SEBI LODR and applicable statutory provisions, this is to inform you that the record date shall be 30.01.2020 to determine the name of shareholders entitled for Bonus equity shares in proportion of 115 (One Hundred Fifteen) bonus equity share for every 100 (hundred) fully paid-up equity share held.

4.Scrip code : 539287
Name : Ortin Laboratories Limited
Subject : Amendment In The Appointed Date From 01.04.2017 To 01.04.2020
In The Scheme Of Arrangement Amendment in the appointed date from 01.04.2017 to 01.04.2020 in the scheme of arrangement between Ortin Laboratories Limited (Demerged Company) and Vineet Laboratories Limited (Resulting Company)

5.Scrip code : 533274
Name : Prestige Estates Projects Limited
Subject : Prestige Estates Subsidiary Has Acquired 50% Stake In Lokhandwala DB Realty LLP
M/s. Prestige Falcon Realty Ventures Private Limited (‘PFRVPL’),wholly owned subsidiary of M/s. Prestige Estates Projects Limited, has invested in Lokhandwala DB Realty LLP (‘LLP’) by way of capital account contribution and admitted as partner of the LLP with 50% economic and voting rights.