Today, we are going to estimate the Birla Corporation Share Price Target 2024 to 2050 Long Term Prediction. Birla Corporation is listed on the NSE under the symbol “BIRLACORPN” and on the BSE with the code “500335“. let’s analyze the future of Birla Corporation shares as well, including whether it’s a good time to buy or sell them today.
Additionally, we will also take into analysis Birla Corporation Share Recommendations from various brokerage firms, including Target’s High Price, Target’s Low Price and Recommendation at the end of the article.
Profile of Birla Corporation
| Name | Birla Corporation Limited |
| Industry | Conglomerate |
| Founded | 1910 |
| Services | the company operates in various sectors including cement and jute |
| Product | Cement, Jute, Linoleum, Auto Trim |
| Country | India |
| Website | birlacorporation.com |
| Profile | Birla Corporation |
Keep an eye on Birla Corporation’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Birla Corporation’s stock price.
Brokerage Firms
An effective method for evaluating the Birla Corporation share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms. The latest research reports are available on Birla Corporation.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 08 FEB 2024 | HDFC Securities | 1770.00 | Buy |
| 08 FEB 2024 | Axis Direct | 1835.00 | Buy |
| 10 NOV 2023 | HDFC Securities | 1465.00 | Buy |
| 10 NOV 2023 | Axis Direct | 1440.00 | Buy |
| 03 OCT 2023 | ICICI Direct | 1540.00 | Buy |
| 07 SEP 2023 | Axis Direct | 1400.00 | Buy |
| 28 AUG 2023 | Axis Direct | 1250.00 | Buy |
The financial services firm HDFC Securities published the latest research report on Birla Corporation’s Share Price Target, assigning a ‘BUY’ rating with a share price target of Rs. 1,770 from its current market price of Rs. 1,529 as of 7 Feb 2024.
In the third quarter of the fiscal year 2023-24, BCORP showcased robust performance indicators. Cement sales volume surged by 13% year-on-year and by 1% quarter-on-quarter, reaching 4.2 million metric tons. Notably, cement net sales realisation (NSR) witnessed a 2% increase quarter-on-quarter, contributing to enhanced operational efficiency.
Additionally, operational expenses for cement production moderated by 3% quarter-on-quarter, attributed to cost-saving measures including reduced input and freight expenses. Consequently, the unitary EBITDA surged to INR 899 per metric ton, marking a 10-quarter high and reflecting a quarter-on-quarter increase of INR 220 per metric ton.
Looking ahead, BCORP’s strategic initiatives indicate a promising future. The greenfield SGU (Solid Grinding Unit) in Prayagraj, Uttar Pradesh, with a capacity of 1.4 million metric tons, is slated for commissioning by the end of fiscal year 2024-25. Furthermore, expansion endeavors such as the Maihar line-2 clinker expansion, scheduled for commissioning by fiscal year 2026-27, underscore BCORP’s commitment to scaling operations.
Management anticipates a robust 13% volume growth for the fiscal year 2023-24, buoyed by increased utilization at the Mukutban plant, projected to reach 60% capacity by the fourth quarter of the fiscal year. BCORP has maintained its EBITDA guidance of INR 850 per metric ton for the fiscal year 2023-24, with stable fuel costs expected in the upcoming quarter. However, the expiration of incentives for the Kundanganj SGU by March 2024 and the initiation of incentives for the Mukutban plant from the fourth quarter of fiscal year 2023-24 are anticipated to impact consolidated earnings.
BCORP’s prudent financial management is reflected in its projected capital expenditure of less than INR 7 billion for the fiscal year 2023-24. Moreover, initiatives aimed at augmenting the usage of alternative fuels, captive coal, and green energy sources are expected to bolster margin recovery efforts.
In light of BCORP’s strong performance in the third quarter and optimistic outlook, analysts have revised upward their EBITDA estimates for fiscal years 2023-24, 2024-25, and 2025-26 by 15%, 9%, and 5%, respectively. This reaffirms investor confidence in BCORP’s growth trajectory and underscores its position as a favorable investment avenue, particularly given its extensive retail presence in the lucrative north and central regions of India.
Birla Corporation (BCORP) has seen a promising trajectory in its share price target, as analysts maintain a BUY stance with a revised target price of INR 1,770 per share. This upward revision reflects a positive outlook, pegged at 8.5 times the estimated consolidated EBITDA for March 2026.
Long-Term Prediction
To analyze the Birla Corporation Share Price Target prediction, I will employ technical analysis and machine learning models, specifically focusing on chart patterns, market trends, and historical performance data.
| Year | Minimum Share Price Target (INR) | Maximum Share Price Target (INR) |
|---|---|---|
| 2024 | ₹1,700 | ₹1,850 |
| 2025 | ₹1,800 | ₹1,950 |
| 2026 | ₹1,900 | ₹2,100 |
| 2027 | ₹2,000 | ₹2,250 |
| 2028 | ₹2,100 | ₹2,350 |
| 2029 | ₹2,200 | ₹2,450 |
| 2030 | ₹2,300 | ₹2,550 |
| 2035 | ₹2,500 | ₹2,750 |
| 2040 | ₹2,700 | ₹2,950 |
| 2045 | ₹2,900 | ₹3,150 |
| 2050 | ₹3,100 | ₹3,350 |
Analyst Recommendations
Birla Corporation Buy or Sell
Daily Low / High
About Birla Corporation Company
Birla Corporation Limited, a renowned name in India’s industrial landscape, The company, an integral part of the MP Birla Group, has its roots in Birla Jute Mills, established in 1919. Today, it has diversified into multiple sectors, including cement, cables, and chemical products.
A significant milestone in its journey is the establishment of the state-of-the-art Mukutban cement plant in Maharashtra, which is a testament to the company’s commitment to innovation and sustainable growth. This facility, with advanced technology and a focus on environmental consciousness, underscores Birla Corporation’s dedication to quality and efficiency.
The company’s ethos of ‘Heart and Strength’ reflects in its continuous efforts to support community development and environmental sustainability. Birla Corporation not only focuses on industrial growth but also significantly contributes to social welfare through various initiatives in healthcare and education. The firm stands as a symbol of enduring strength and progressive vision in the Indian corporate sector, continually striving to create a balance between economic success and social responsibility.
Strengths–
Strong Revenue Growth: Birla Corporation has shown consistent growth in total revenue over the years, indicating its strong market presence and ability to generate income.
Solid Gross Profit Margin: The company maintains a healthy gross profit margin, reflecting efficient cost management and pricing strategies in its operations.
Positive Operating Income: Birla Corporation has demonstrated positive operating income, highlighting its ability to generate profits from core business activities.
Stable Working Capital: With a steady increase in working capital, the company showcases stability in its liquidity position, enabling it to meet short-term financial obligations efficiently.
Robust Cash Flow Generation: Birla Corporation has consistently generated significant operating cash flows, indicating its ability to sustain operations and reinvest in growth initiatives.
Weaknesses–
Declining Net Income: Despite positive operating income, the company’s net income has shown a downward trend in recent years, suggesting potential challenges in managing expenses or coping with external factors affecting profitability.
High Operating Expenses: Birla Corporation faces significant operating expenses, which may impact overall profitability and limit the ability to allocate resources towards growth initiatives or shareholder returns.
Substantial Interest Expenses: The company incurs considerable interest expenses, indicating a reliance on debt financing, which could pose risks in times of economic downturns or rising interest rates.
Capital Expenditure: Birla Corporation’s capital expenditure remains substantial, potentially limiting available funds for other strategic investments or dividend payouts.
Opportunities–
Expansion and Diversification: There is an opportunity for Birla Corporation to expand its operations geographically or diversify its product portfolio to tap into new markets and revenue streams.
Investment in Infrastructure: With a focus on infrastructure development in India, the company can leverage this trend by supplying construction materials, thereby boosting demand for its products.
Technological Advancements: Embracing technological innovations in manufacturing processes or product development can enhance efficiency, reduce costs, and improve competitiveness in the industry.
Strategic Partnerships: Collaborating with other industry players or forming strategic alliances can offer synergies and opportunities for growth through shared resources and expertise.
Threats–
Market Competition: Birla Corporation faces intense competition from domestic and international players in the cement and construction materials industry, which could pressure pricing and margins.
Regulatory Challenges: Changes in regulations related to environmental standards, land acquisition, or taxation may pose compliance challenges and increase operational costs for the company.
Economic Uncertainty: Fluctuations in macroeconomic factors such as GDP growth, inflation rates, and interest rates could impact construction activity and demand for cement, affecting Birla Corporation’s revenue and profitability.
Raw Material Price Volatility: Dependency on raw materials such as limestone, coal, and gypsum exposes the company to price volatility and supply chain risks, impacting production costs and margins.
Peer Comparison of Birla Corporation
| Name | P/E | Mar Cap Rs.Cr. |
|---|---|---|
| UltraTech Cem. | 45.04 | 288660.76 |
| Ambuja Cements | 34.35 | 111969.71 |
| Shree Cement | 41.97 | 98759.17 |
| ACC | 28.16 | 47154.33 |
| JK Cements | 47.09 | 32591.62 |
| Nuvoco Vistas | 19.40 | 12664.90 |
| Birla Corpn. | 41.12 | 12276.97 |
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– As of 8 February 2024, the current share price of Birla Corporation is ₹1,588 Check out today’s current share price of Birla Corporation at the top.
– According to Google historical data, the price of Birla Corporation on 1 Jan 1999 was ₹27.50.
– Based on our analysis, the maximum Birla Corporation Share Price Target in 2024 is projected to be ₹1,850.
– Based on our analysis, the maximum Birla Corporation Share Price Target in 2025 is projected to be ₹1,950.
– Based on our analysis, the maximum Birla Corporation Share Price Target in 2027 is projected to be ₹2,250.
– Based on our analysis, the maximum Birla Corporation Share Price Target in 2030 is projected to be ₹2,550.
– Based on our analysis, the maximum Birla Corporation Share Price Target in 2035 is projected to be ₹2,750.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices.
Disclaimer– These Share Price Targets for “Birla Corporation Share Price Target” are only provided for informational purposes. It does not constitute a recommendation to buy, sell, or hold Birla Corporation stock. Investors should conduct their research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
