BIRLA CABLE LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 178.59
Dividend & Yield1.00₹ (0.80%)
Beta 0.77
Market capitalization 3.77B
Operating cash flow 25.09M
ESG Scores unknown

Company description

Birla Cable Limited manufactures and sells cables in India. The company offers various types of optical fiber cables, copper telecommunication cables, structured copper cables, specialty cables, and allied accessories. It also exports its products. The company was formerly known as Birla Ericsson Optical Limited and changed its name to Birla Cable Limited in September 2016. The company was incorporated in 1992 and is based in Rewa, India.

Sector: Technology - Industry: Communication Equipment

Financial Ratios
Quick Ratio1.14
Working Capital0.21
Return On Equity0.12
Debt To Equity0.02
Fixed Asset Ratio0
Fixed Interest Cover5.31

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 192M -625.73M 276.88M 1.94M
Total Cashflows From Investing Activities -249.68M -185.85M -30.15M -53.7M
Net Borrowings 146.43M 132.08M -51.74M 115.24M
Total Cash From Financing Activities 79.74M 65k -95.49M 32.46M
Change To Operating Activities 24.44M -56.27M -1.23M -10.87M
Issuance Of Stock
Net Income 470.35M 10.16M 82.02M 217.37M
Change In Cash -800k 133.39M -136.98M 3.85M
Effect Of Exchange Rate
Total Cash From Operating Activities 169.14M 319.18M -11.33M 25.09M
Depreciation 104.59M 116.77M 111.48M 107.62M
Change To Account Receivables -589.46M 823.32M -513.74M -223.82M
Other Cashflows From Financing Activities -36.69M -72.01M -43.75M -52.78M
Change To Netincome 28.14M 39.11M 26.82M 52.16M
Capital Expenditures -287.84M -184.75M -43.66M -90.65M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 662.69M 3.04M 109.58M 292.35M
Net Income 470.35M 10.16M 82.02M 217.37M
Selling General Administrative 195.43M 210.51M 203.93M 240.71M
Gross Profit 1.32B 660.05M 809.04M 1.18B
Ebit 686.09M 52.61M 141.16M 326.98M
Operating Income 686.09M 52.61M 141.16M 326.98M
Interest Expense -30.62M -61.42M -40.85M -61.57M
Income Tax Expense 192.34M -7.13M 27.55M 74.98M
Total Revenue 5.02B 2.23B 3.29B 5.35B
Cost Of Revenue 3.7B 1.57B 2.48B 4.17B
Total Other Income ExpenseNet -23.4M -49.58M -31.58M -34.62M
Net Income From Continuing Ops 470.35M 10.16M 82.02M 217.37M
Net Income Applicable To Common Shares 470.35M 10.16M 82.02M 217.37M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 1.69B 1.25B 1.48B 1.59B
Total Stockholder Equity 1.72B 1.56B 1.68B 1.87B
Other Current Liabilities 64.22M 56.7M 23.9M 75.61M
Total Assets 3.41B 2.81B 3.17B 3.46B
Common Stock 300M 300M 300M 300M
Other Current Assets 71.94M 110.12M 86.69M 115.68M
Retained Earnings 1.08B 1.02B 1.1B
Treasury Stock 133.93M 38.46M 80.11M 1.57B
Cash 5M 138.39M 1.41M 39.14M
Total Current Liabilities 1.49B 985.3M 1.25B 1.5B
Other Stockholder Equity 133.93M 38.46M 80.11M 1.57B
Property, Plant, and Equipment 739.16M 847.5M 790.01M 758.39M
Total Current Assets 2.45B 1.82B 2.2B 2.54B
Net Tangible Assets 1.72B 1.56B 1.68B 1.87B
Net Receivables 1.65B 855.55M 1.4B 1.55B
Accounts Payable 935.68M 331.22M 661.99M 638.57M


Insider Transactions

Here are the insider transactions of stock shares related to BIRLA CABLE LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Amal Chandra Chakrabortti & Mahendra Kumar SharmaD2016-07-12Promoter52k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BIRLA CABLE LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BIRLA CABLE LTD

Here is the result of two systematic investment strategies applied to BIRLA CABLE LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BIRLA CABLE LTD

The following chart shows the equity curve of the two systematic investment strategies applied to BIRLA CABLE LTD:

BIRLA CABLE LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 75.88% on the backtest period.

Performance at glance

Performance

75.88 %

Latent gain

1974.9 ₹

Invested capital

2602.5 ₹

Annualized return

18.07 %
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Momentum strategy results on BIRLA CABLE LTD

This is the result of two momentum investment strategies applied to BIRLA CABLE LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BIRLA CABLE LTD

The following chart shows all the entries opened by the momentum investment system on BIRLA CABLE LTD:

BIRLA CABLE LTD momentum entries
  • The first momentum investment strategy would give 103.29% of return on BIRLA CABLE LTD. That represents 4457.6₹ of latent gain with 4315.75₹ of employed capital.
  • The second momentum investment strategy would give 125.41% of return on BIRLA CABLE LTD. That represents 3537.05₹ of latent gain with 2820.45₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

103.29 %

Latent gain

4457.6 ₹

Invested capital

4315.75 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

125.41 %

Latent gain

3537.05 ₹

Invested capital

2820.45 ₹

Annualized return

33.71 %

Momentum equity curve on BIRLA CABLE LTD

The following chart shows the equity curve of the two momentum strategies applied to BIRLA CABLE LTD:

BIRLA CABLE LTD momentum equity

Note: the dividends potentially given by BIRLA CABLE LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BIRLA CABLE LTD

The following chart shows the employed capital evolution of the two momentum strategies on BIRLA CABLE LTD since the beginning:

BIRLA CABLE LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on BIRLA CABLE LTD

Buy the dip entry openings on BIRLA CABLE LTD

BIRLA CABLE LTD

The performance achieved by the robo-advisor on BIRLA CABLE LTD is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows BIRLA CABLE LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BIRLA CABLE LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to BIRLA CABLE LTD

The following chart shows the result of the investment strategy applied to BIRLA CABLE LTD:

BIRLA CABLE LTD

Note: the dividends potentially given by BIRLA CABLE LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BIRLA CABLE LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on BIRLA CABLE LTD:

BIRLA CABLE LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BIRLA CABLE LTD

In this section, I will compare the three previous investment strategies applied to BIRLA CABLE LTD.

Equity curve comparison on BIRLA CABLE LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BIRLA CABLE LTD investment strategy comparison

Employed capital comparison on BIRLA CABLE LTD

BIRLA CABLE LTD investment comparison

Performance comparison on BIRLA CABLE LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 75.88% 1974.9₹ 2602.5₹ 18.07%
Momentum 1 quarter 103.29% 4457.6₹ 4315.75₹ 26.08%
Momentum 2 quarters 125.41% 3537.05₹ 2820.45₹ 33.71%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

18.07 %

Momentum 1Q

33.71 %

Momentum 2Q

33.71 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BIRLA CABLE LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between BIRLA CABLE LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of BIRLA CABLE LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BIRLA CABLE LTD
Country India
City Rewa
Address Udyog Vihar
Phone 91 76 6240 0580
Website www.birlacable.com
FullTime employees
Industry Communication Equipment
Sector Technology
Exchange XNSE
Ticker BIRLACABLE.XNSE
Market

BIRLA CABLE LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown