Birla Cable Limited (BIRLACABLE.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-129.4%

-₹92.78

vs ₹316.10 price

Levered DCF

-₹47.12

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	18.53×	97.09×	33.75×	11.35×	21.61×	22.09×	95.59×	10.03×
P/B	1.11×	1.88×	2.98×	1.63×	2.52×	1.07×	0.63×	2.75×
P/S	0.41×	0.72×	1.09×	0.47×	0.88×	0.56×	0.45×	0.95×
EV / EBITDA	8.71×	17.91×	16.45×	7.43×	11.95×	9.32×	8.8×	6.5×
Gross margin	11.9%	19.4%	7.3%	20.7%	19.3%	22.8%	28.6%	25.9%
Operating margin	4.3%	14.2%	4.0%	6.5%	5.4%	3.6%	2.4%	13.9%
Net margin	2.2%	0.7%	3.2%	4.2%	4.1%	2.5%	0.5%	9.5%
Current ratio	2.19×	2.18×	2.43×	2.09×	1.69×	1.76×	1.87×	1.64×
Debt / equity	0.47×	0.44×	0.66×	0.56×	0.44×	0.42×	0.49×	0.35×
Interest coverage	2.67×	7.06×	1.86×	3.97×	4.73×	2.45×	0.74×	14.09×
Dividend yield	0.0%	1.1%	1.0%	1.2%	0.6%	0.0%	7.4%	0.8%
Payout ratio	0.0%	107.3%	33.9%	13.7%	13.8%	0.0%	711.9%	7.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.0%	1.9%	8.8%	14.4%	11.7%	4.9%	0.7%	27.4%
Return on invested capital	5.8%	18.3%	4.8%	10.6%	7.9%	3.6%	2.2%	20.4%
Return on assets	3.6%	1.2%	4.8%	7.1%	6.3%	2.6%	0.4%	13.8%
Free cash flow yield	-9.9%	17.8%	-3.1%	-9.5%	-1.4%	-3.0%	13.8%	-2.5%
Earnings yield	5.4%	1.0%	3.0%	8.8%	4.6%	4.5%	1.0%	10.0%
Enterprise value	₹4.4B	₹5.9B	₹9.1B	₹5B	₹5.5B	₹2.5B	₹1.6B	₹5.3B
Net debt / EBITDA	2.54×	3.38×	2.98×	1.89×	1.78×	2.62×	3.44×	0.72×
Cash conversion cycle (days)	122	107	149	112	127	164	234	100