The company is promoted by the M.P Birla group and was incorporated in 1992 in a technical cum financial collaboration with Ericsson Cables, Sweden. It manufactures both optical fibre cables which are presently in use and much faster than jelly filled cables which are also manufactured by the company.
The company has shown a steady increase in revenue mainly on account of increased demand for optical fibre cables. However due to increasing raw material costs, profit margins are more or less constant. The future is extremely bright for the company.
(Rs m) | FY99 | FY00 | Change |
Sales | 1,261 | 1,575 | 24.9% |
Other Income | 9 | 5 | -44.4% |
Expenditure | 1,008 | 1,326 | 31.5% |
Operating Profit (EBDIT) | 253 | 249 | -1.6% |
Operating Profit Margin (%) | 20.1% | 15.8% | |
Interest | 73 | 34 | 0.0% |
Depreciation | 68 | 76 | 11.8% |
Profit before Tax | 121 | 144 | 19.0% |
Tax | 13 | 39 | |
Profit after Tax/(Loss) | 108 | 105 | -2.8% |
Net profit margin (%) | 8.6% | 6.7% | |
Earnings per share | 3.60 | 3.50 |
For the quarter ended June 2019, BIRLA CABLE has posted a net profit of Rs 5 m (down 95.4% YoY). Sales on the other hand came in at Rs 433 m (down 63.2% YoY). Read on for a complete analysis of BIRLA CABLE's quarterly results.
For the quarter ended March 2019, BIRLA CABLE has posted a net profit of Rs 51 m (down 42.9% YoY). Sales on the other hand came in at Rs 1 bn (down 12.2% YoY). Read on for a complete analysis of BIRLA CABLE's quarterly results.
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