Birlasoft Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 15, 2025, 10:03 pm

Market Cap	11,894 Cr.
Current Price	428
High / Low	760/330
Stock P/E	20.7
Book Value	118
Dividend Yield	1.52 %
ROCE	29.8 %
ROE	22.5 %
Face Value	2.00
PEG Ratio	1.66

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Birlasoft Ltd

Competitors of Birlasoft Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Visesh Infotecnics Ltd	125 Cr.	0.33	0.52/0.33		1.14	0.00 %	0.88 %	0.82 %	1.00
Mudunuru Ltd	29.8 Cr.	9.55	14.4/5.33		0.34	0.00 %	72.9 %	374 %	2.00
Naapbooks Ltd	124 Cr.	115	159/54.0	53.0	20.0	0.00 %	17.4 %	13.6 %	10.0
IB Infotech Enterprises Ltd	22.4 Cr.	175	245/117	30.3	19.0	0.57 %	38.5 %	35.4 %	10.0
Hit Kit Global Solutions Ltd	5.80 Cr.	1.25	1.62/1.13	16.1	2.08	0.00 %	1.92 %	1.94 %	2.00
Industry Average	19,657.66 Cr	616.12		99.48	128.55	0.83%	20.42%	62.58%	6.91

All Competitor Stocks of Birlasoft Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	1,072	1,101	1,154	1,192	1,222	1,226	1,263	1,310	1,343	1,363	1,327	1,368	1,363
Expenses	909	927	985	1,016	1,215	1,059	1,070	1,103	1,129	1,141	1,132	1,203	1,199
Operating Profit	163	175	170	176	7	167	193	207	214	222	195	165	163
OPM %	15%	16%	15%	15%	1%	14%	15%	16%	16%	16%	15%	12%	12%
Other Income	13	23	15	-3	12	-2	14	16	28	46	35	33	21
Interest	3	4	3	6	6	4	4	6	6	4	4	7	7
Depreciation	19	20	20	21	21	21	21	22	21	21	21	22	21
Profit before tax	154	174	162	147	-7	140	182	196	215	242	205	170	156
Tax %	26%	23%	26%	22%	139%	20%	24%	26%	25%	26%	27%	25%	25%
Net Profit	114	133	121	115	-16	112	138	145	161	180	150	128	117
EPS in Rs	4.09	4.75	4.31	4.23	-0.60	4.08	5.00	5.27	5.84	6.53	5.44	4.61	4.23

Last Updated: March 3, 2025, 5:12 pm

Below is a detailed analysis of the quarterly data for Birlasoft Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 1,363.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,368.00 Cr. (Sep 2024) to 1,363.00 Cr., marking a decrease of 5.00 Cr..
For Expenses, as of Dec 2024, the value is 1,199.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,203.00 Cr. (Sep 2024) to 1,199.00 Cr., marking a decrease of 4.00 Cr..
For Operating Profit, as of Dec 2024, the value is 163.00 Cr.. The value appears to be declining and may need further review. It has decreased from 165.00 Cr. (Sep 2024) to 163.00 Cr., marking a decrease of 2.00 Cr..
For OPM %, as of Dec 2024, the value is 12.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 12.00%.
For Other Income, as of Dec 2024, the value is 21.00 Cr.. The value appears to be declining and may need further review. It has decreased from 33.00 Cr. (Sep 2024) to 21.00 Cr., marking a decrease of 12.00 Cr..
For Interest, as of Dec 2024, the value is 7.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 7.00 Cr..
For Depreciation, as of Dec 2024, the value is 21.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 22.00 Cr. (Sep 2024) to 21.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 156.00 Cr.. The value appears to be declining and may need further review. It has decreased from 170.00 Cr. (Sep 2024) to 156.00 Cr., marking a decrease of 14.00 Cr..
For Tax %, as of Dec 2024, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 25.00%.
For Net Profit, as of Dec 2024, the value is 117.00 Cr.. The value appears to be declining and may need further review. It has decreased from 128.00 Cr. (Sep 2024) to 117.00 Cr., marking a decrease of 11.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 4.23. The value appears to be declining and may need further review. It has decreased from 4.61 (Sep 2024) to 4.23, marking a decrease of 0.38.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:41 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	2,239	2,694	2,990	3,224	3,320	2,250	2,551	3,291	3,556	4,130	4,795	5,278	5,421
Expenses	1,903	2,316	2,666	2,790	2,971	1,967	2,244	2,899	3,026	3,490	4,273	4,442	4,675
Operating Profit	336	378	324	435	349	283	306	392	529	640	522	836	746
OPM %	15%	14%	11%	13%	10%	13%	12%	12%	15%	16%	11%	16%	14%
Other Income	10	45	35	16	47	87	100	43	19	66	22	104	134
Interest	14	26	26	17	14	8	11	16	13	13	19	20	22
Depreciation	47	54	85	69	83	40	50	83	80	77	82	85	85
Profit before tax	285	343	248	365	299	322	346	336	455	617	442	835	773
Tax %	27%	27%	5%	23%	20%	21%	16%	33%	29%	25%	25%	25%
Net Profit	208	249	237	281	239	254	292	224	321	464	332	624	575
EPS in Rs	10.32	12.83	12.05	14.22	12.08	12.80	10.56	8.11	11.57	16.59	12.06	22.61	20.81
Dividend Payout %	9%	8%	9%	15%	17%	18%	19%	25%	30%	27%	29%	29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	19.71%	-4.82%	18.57%	-14.95%	6.28%	14.96%	-23.29%	43.30%	44.55%	-28.45%	87.95%
Change in YoY Net Profit Growth (%)	0.00%	-24.53%	23.38%	-33.51%	21.22%	8.68%	-38.25%	66.59%	1.24%	-73.00%	116.40%

Birlasoft Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	16%
3 Years:	14%
TTM:	5%

Compounded Profit Growth
10 Years:	10%
5 Years:	18%
3 Years:	24%
TTM:	3%

Stock Price CAGR
10 Years:	20%
5 Years:	44%
3 Years:	4%
1 Year:	-30%

Return on Equity
10 Years:	17%
5 Years:	17%
3 Years:	18%
Last Year:	22%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:35 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	39	37	38	38	38	38	55	55	55	56	55	55	55
Reserves	998	1,238	1,259	1,348	1,545	1,779	1,659	1,837	2,124	2,527	2,393	2,989	3,195
Borrowings	363	495	505	250	387	310	38	145	128	123	102	93	145
Other Liabilities	384	375	473	547	559	606	746	650	686	677	637	788	816
Total Liabilities	1,783	2,145	2,274	2,183	2,528	2,733	2,498	2,687	2,994	3,383	3,187	3,926	4,212
Fixed Assets	619	813	730	630	671	829	588	751	698	725	736	697	740
CWIP	24	2	12	36	138	32	0	2	7	3	6	12	13
Investments	215	186	82	12	79	129	191	33	571	840	565	1,320	1,412
Other Assets	925	1,144	1,451	1,505	1,641	1,743	1,719	1,901	1,719	1,816	1,880	1,897	2,046
Total Assets	1,783	2,145	2,274	2,183	2,528	2,733	2,498	2,687	2,994	3,383	3,187	3,926	4,212

Below is a detailed analysis of the balance sheet data for Birlasoft Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is 55.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 55.00 Cr..
For Reserves, as of Sep 2024, the value is 3,195.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,989.00 Cr. (Mar 2024) to 3,195.00 Cr., marking an increase of 206.00 Cr..
For Borrowings, as of Sep 2024, the value is 145.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 93.00 Cr. (Mar 2024) to 145.00 Cr., marking an increase of 52.00 Cr..
For Other Liabilities, as of Sep 2024, the value is 816.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 788.00 Cr. (Mar 2024) to 816.00 Cr., marking an increase of 28.00 Cr..
For Total Liabilities, as of Sep 2024, the value is 4,212.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,926.00 Cr. (Mar 2024) to 4,212.00 Cr., marking an increase of 286.00 Cr..
For Fixed Assets, as of Sep 2024, the value is 740.00 Cr.. The value appears strong and on an upward trend. It has increased from 697.00 Cr. (Mar 2024) to 740.00 Cr., marking an increase of 43.00 Cr..
For CWIP, as of Sep 2024, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Mar 2024) to 13.00 Cr., marking an increase of 1.00 Cr..
For Investments, as of Sep 2024, the value is 1,412.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,320.00 Cr. (Mar 2024) to 1,412.00 Cr., marking an increase of 92.00 Cr..
For Other Assets, as of Sep 2024, the value is 2,046.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,897.00 Cr. (Mar 2024) to 2,046.00 Cr., marking an increase of 149.00 Cr..
For Total Assets, as of Sep 2024, the value is 4,212.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,926.00 Cr. (Mar 2024) to 4,212.00 Cr., marking an increase of 286.00 Cr..

Notably, the Reserves (3,195.00 Cr.) exceed the Borrowings (145.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	120	103	289	410	163	407	-72	310	558	281	561	718
Cash from Investing Activity +	-350	-190	-102	-146	-150	-193	123	-42	-444	-309	252	-625
Cash from Financing Activity +	272	79	-40	-307	80	-128	-116	-180	-97	-147	-636	-168
Net Cash Flow	43	-8	147	-42	93	86	-64	88	17	-176	176	-74

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-27.00	-117.00	-181.00	185.00	-38.00	-27.00	268.00	247.00	401.00	517.00	420.00	743.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	76	91	85	78	86	131	102	82	53	60	69	72
Inventory Days
Days Payable
Cash Conversion Cycle	76	91	85	78	86	131	102	82	53	60	69	72
Working Capital Days	36	57	49	41	49	78	61	49	41	56	41	41
ROCE %	25%	22%	15%	23%	16%	16%	17%	18%	22%	25%	17%	30%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	40.40%	40.32%	41.48%	41.31%	41.08%	41.03%	40.97%	40.95%	40.92%	40.90%	40.86%	40.82%
FIIs	15.41%	15.24%	12.95%	12.40%	11.47%	11.31%	17.57%	21.25%	23.48%	18.82%	11.71%	11.05%
DIIs	22.66%	21.12%	19.87%	20.10%	21.20%	24.49%	22.40%	20.16%	18.61%	20.89%	24.26%	24.63%
Public	21.40%	23.19%	25.61%	26.10%	26.18%	23.10%	19.03%	17.60%	16.96%	19.37%	23.15%	23.49%
Others	0.13%	0.13%	0.10%	0.09%	0.08%	0.06%	0.04%	0.03%	0.02%	0.01%	0.01%	0.01%
No. of Shareholders	2,88,973	3,43,012	3,71,128	3,83,017	3,80,106	3,64,088	3,18,348	3,20,155	3,38,388	3,82,522	4,45,814	4,50,612

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Axis Small Cap Fund	10,089,952	3.99	783.08	10,089,952	2025-04-22 17:25:40	0%
HSBC Small Cap Fund - Regular Plan	3,292,400	1.86	255.52	3,292,400	2025-04-22 17:25:40	0%
HSBC Value Fund	2,829,381	1.9	219.59	2,829,381	2025-04-22 17:25:40	0%
Nippon India Small Cap Fund	2,802,709	0.47	217.52	2,802,709	2025-04-22 17:25:40	0%
Axis Multicap Fund	2,210,119	3.4	171.53	2,210,119	2025-04-22 17:25:40	0%
HSBC Midcap Fund	1,374,900	1.1	106.71	1,374,900	2025-04-22 17:25:40	0%
Kotak Equity Arbitrage Fund - Regular Plan	1,375,000	0.27	106.71	1,375,000	2025-04-22 17:25:40	0%
Edelweiss Small Cap Fund	1,280,651	3.16	99.39	1,280,651	2025-04-22 17:25:40	0%
Tata Digital India Fund	1,137,460	0.88	88.28	1,137,460	2025-04-22 17:25:40	0%
Canara Robeco Small Cap Fund	1,077,961	0.87	83.66	1,077,961	2025-04-22 17:25:40	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	22.54	11.96	16.63	11.53	8.11
Diluted EPS (Rs.)	22.25	11.96	16.63	11.29	8.06
Cash EPS (Rs.)	25.69	15.06	19.33	14.47	11.09
Book Value[Excl.RevalReserv]/Share (Rs.)	110.32	89.07	92.42	78.62	68.39
Book Value[Incl.RevalReserv]/Share (Rs.)	110.32	89.07	92.42	78.62	68.39
Revenue From Operations / Share (Rs.)	191.28	174.44	147.78	128.23	118.93
PBDIT / Share (Rs.)	34.06	19.76	25.27	19.77	15.72
PBIT / Share (Rs.)	30.97	16.77	22.53	16.87	12.73
PBT / Share (Rs.)	30.25	16.10	22.06	16.40	12.15
Net Profit / Share (Rs.)	22.61	12.06	16.59	11.57	8.11
NP After MI And SOA / Share (Rs.)	22.61	12.06	16.59	11.57	8.11
PBDIT Margin (%)	17.80	11.33	17.10	15.41	13.21
PBIT Margin (%)	16.19	9.61	15.24	13.15	10.70
PBT Margin (%)	15.81	9.22	14.93	12.79	10.21
Net Profit Margin (%)	11.81	6.91	11.22	9.02	6.81
NP After MI And SOA Margin (%)	11.81	6.91	11.22	9.02	6.81
Return on Networth / Equity (%)	20.49	13.54	17.94	14.71	11.85
Return on Capital Employeed (%)	26.87	17.98	23.12	19.82	16.97
Return On Assets (%)	15.88	10.40	13.70	10.71	8.34
Asset Turnover Ratio (%)	1.48	0.96	0.81	0.72	0.70
Current Ratio (X)	3.71	3.48	3.69	3.32	2.76
Quick Ratio (X)	3.71	3.48	3.69	3.32	2.76
Dividend Payout Ratio (NP) (%)	19.87	37.68	23.95	17.27	36.82
Dividend Payout Ratio (CP) (%)	17.48	30.19	20.56	13.81	26.91
Earning Retention Ratio (%)	80.13	62.32	76.05	82.73	63.18
Cash Earning Retention Ratio (%)	82.52	69.81	79.44	86.19	73.09
Interest Coverage Ratio (X)	47.12	29.23	54.27	42.03	26.97
Interest Coverage Ratio (Post Tax) (X)	32.28	18.84	36.63	25.60	14.91
Enterprise Value (Cr.)	20053.58	6620.62	12323.07	5969.54	1071.66
EV / Net Operating Revenue (X)	3.80	1.38	2.98	1.68	0.32
EV / EBITDA (X)	21.34	12.19	17.45	10.89	2.46
MarketCap / Net Operating Revenue (X)	3.88	1.50	3.08	1.97	0.51
Retention Ratios (%)	80.12	62.31	76.04	82.72	63.17
Price / BV (X)	6.73	2.93	4.92	3.22	0.89
Price / Net Operating Revenue (X)	3.88	1.50	3.08	1.97	0.51
EarningsYield	0.03	0.04	0.03	0.04	0.13

After reviewing the key financial ratios for Birlasoft Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 22.54. This value is within the healthy range. It has increased from 11.96 (Mar 23) to 22.54, marking an increase of 10.58.
For Diluted EPS (Rs.), as of Mar 24, the value is 22.25. This value is within the healthy range. It has increased from 11.96 (Mar 23) to 22.25, marking an increase of 10.29.
For Cash EPS (Rs.), as of Mar 24, the value is 25.69. This value is within the healthy range. It has increased from 15.06 (Mar 23) to 25.69, marking an increase of 10.63.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 110.32. It has increased from 89.07 (Mar 23) to 110.32, marking an increase of 21.25.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 110.32. It has increased from 89.07 (Mar 23) to 110.32, marking an increase of 21.25.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 191.28. It has increased from 174.44 (Mar 23) to 191.28, marking an increase of 16.84.
For PBDIT / Share (Rs.), as of Mar 24, the value is 34.06. This value is within the healthy range. It has increased from 19.76 (Mar 23) to 34.06, marking an increase of 14.30.
For PBIT / Share (Rs.), as of Mar 24, the value is 30.97. This value is within the healthy range. It has increased from 16.77 (Mar 23) to 30.97, marking an increase of 14.20.
For PBT / Share (Rs.), as of Mar 24, the value is 30.25. This value is within the healthy range. It has increased from 16.10 (Mar 23) to 30.25, marking an increase of 14.15.
For Net Profit / Share (Rs.), as of Mar 24, the value is 22.61. This value is within the healthy range. It has increased from 12.06 (Mar 23) to 22.61, marking an increase of 10.55.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 22.61. This value is within the healthy range. It has increased from 12.06 (Mar 23) to 22.61, marking an increase of 10.55.
For PBDIT Margin (%), as of Mar 24, the value is 17.80. This value is within the healthy range. It has increased from 11.33 (Mar 23) to 17.80, marking an increase of 6.47.
For PBIT Margin (%), as of Mar 24, the value is 16.19. This value is within the healthy range. It has increased from 9.61 (Mar 23) to 16.19, marking an increase of 6.58.
For PBT Margin (%), as of Mar 24, the value is 15.81. This value is within the healthy range. It has increased from 9.22 (Mar 23) to 15.81, marking an increase of 6.59.
For Net Profit Margin (%), as of Mar 24, the value is 11.81. This value exceeds the healthy maximum of 10. It has increased from 6.91 (Mar 23) to 11.81, marking an increase of 4.90.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 11.81. This value is within the healthy range. It has increased from 6.91 (Mar 23) to 11.81, marking an increase of 4.90.
For Return on Networth / Equity (%), as of Mar 24, the value is 20.49. This value is within the healthy range. It has increased from 13.54 (Mar 23) to 20.49, marking an increase of 6.95.
For Return on Capital Employeed (%), as of Mar 24, the value is 26.87. This value is within the healthy range. It has increased from 17.98 (Mar 23) to 26.87, marking an increase of 8.89.
For Return On Assets (%), as of Mar 24, the value is 15.88. This value is within the healthy range. It has increased from 10.40 (Mar 23) to 15.88, marking an increase of 5.48.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.48. It has increased from 0.96 (Mar 23) to 1.48, marking an increase of 0.52.
For Current Ratio (X), as of Mar 24, the value is 3.71. This value exceeds the healthy maximum of 3. It has increased from 3.48 (Mar 23) to 3.71, marking an increase of 0.23.
For Quick Ratio (X), as of Mar 24, the value is 3.71. This value exceeds the healthy maximum of 2. It has increased from 3.48 (Mar 23) to 3.71, marking an increase of 0.23.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 19.87. This value is below the healthy minimum of 20. It has decreased from 37.68 (Mar 23) to 19.87, marking a decrease of 17.81.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 17.48. This value is below the healthy minimum of 20. It has decreased from 30.19 (Mar 23) to 17.48, marking a decrease of 12.71.
For Earning Retention Ratio (%), as of Mar 24, the value is 80.13. This value exceeds the healthy maximum of 70. It has increased from 62.32 (Mar 23) to 80.13, marking an increase of 17.81.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 82.52. This value exceeds the healthy maximum of 70. It has increased from 69.81 (Mar 23) to 82.52, marking an increase of 12.71.
For Interest Coverage Ratio (X), as of Mar 24, the value is 47.12. This value is within the healthy range. It has increased from 29.23 (Mar 23) to 47.12, marking an increase of 17.89.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 32.28. This value is within the healthy range. It has increased from 18.84 (Mar 23) to 32.28, marking an increase of 13.44.
For Enterprise Value (Cr.), as of Mar 24, the value is 20,053.58. It has increased from 6,620.62 (Mar 23) to 20,053.58, marking an increase of 13,432.96.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.80. This value exceeds the healthy maximum of 3. It has increased from 1.38 (Mar 23) to 3.80, marking an increase of 2.42.
For EV / EBITDA (X), as of Mar 24, the value is 21.34. This value exceeds the healthy maximum of 15. It has increased from 12.19 (Mar 23) to 21.34, marking an increase of 9.15.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.88. This value exceeds the healthy maximum of 3. It has increased from 1.50 (Mar 23) to 3.88, marking an increase of 2.38.
For Retention Ratios (%), as of Mar 24, the value is 80.12. This value exceeds the healthy maximum of 70. It has increased from 62.31 (Mar 23) to 80.12, marking an increase of 17.81.
For Price / BV (X), as of Mar 24, the value is 6.73. This value exceeds the healthy maximum of 3. It has increased from 2.93 (Mar 23) to 6.73, marking an increase of 3.80.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.88. This value exceeds the healthy maximum of 3. It has increased from 1.50 (Mar 23) to 3.88, marking an increase of 2.38.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.03, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Birlasoft Ltd as of May 16, 2025 is: 446.35

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of May 16, 2025, Birlasoft Ltd is Undervalued by 4.29% compared to the current share price 428.00

Intrinsic Value of Birlasoft Ltd as of May 16, 2025 is: 501.95

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of May 16, 2025, Birlasoft Ltd is Undervalued by 17.28% compared to the current share price 428.00

Last 5 Year EPS CAGR: 12.46%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 20.50%, which is a positive sign. The company has higher reserves (1,914.69 cr) compared to borrowings (237.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (3.08 cr) and profit (435.85 cr) over the years.	The stock has a high average Working Capital Days of 49.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 82.08, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Birlasoft Ltd:
1. Net Profit Margin: 11.81%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 26.87% (Industry Average ROCE: 20.42%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 20.49% (Industry Average ROE: 62.58%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 32.28
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 3.71
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 20.7 (Industry average Stock P/E: 99.48)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Birlasoft Ltd. is a Public Limited Listed company incorporated on 28/12/1990 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L72200PN1990PLC059594 and registration number is 059594. Currently Company is involved in the business activities of Writing , modifying, testing of computer program to meet the needs of a particular client excluding web-page designing. Company's Total Operating Revenue is Rs. 2644.53 Cr. and Equity Capital is Rs. 55.19 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	35 & 36, Rajiv Gandhi Infotech Park, MIDC Phase-1, Hinjawadi, Pune Maharashtra 411057	contactus@birlasoft.com http://www.birlasoft.com

Management
Name	Position Held
Mrs. Amita Birla	Chairman
Mr. Angan Guha	Managing Director & CEO
Mr. Chandrakant Birla	Director
Mr. Ananth Sankaranarayanan	Independent Director
Ms. Satyavati Berera	Independent Director
Ms. Nidhi Killawala	Independent Director
Mr. Manish Choksi	Independent Director

FAQ

What is the intrinsic value of Birlasoft Ltd?

Birlasoft Ltd's intrinsic value (as of 15 May 2025) is ₹446.35 — 4.29% higher the current market price of 428.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 11,894 Cr. market cap, FY2025-2026 high/low of ₹760/330, reserves of 3,195 Cr, and liabilities of 4,212 Cr.

What is the Market Cap of Birlasoft Ltd?

The Market Cap of Birlasoft Ltd is 11,894 Cr..

What is the current Stock Price of Birlasoft Ltd as on 15 May 2025?

The current stock price of Birlasoft Ltd as on 15 May 2025 is 428.

What is the High / Low of Birlasoft Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Birlasoft Ltd stocks is ₹760/330.

What is the Stock P/E of Birlasoft Ltd?

The Stock P/E of Birlasoft Ltd is 20.7.

What is the Book Value of Birlasoft Ltd?

The Book Value of Birlasoft Ltd is 118.

What is the Dividend Yield of Birlasoft Ltd?

The Dividend Yield of Birlasoft Ltd is 1.52 %.

What is the ROCE of Birlasoft Ltd?

The ROCE of Birlasoft Ltd is 29.8 %.

What is the ROE of Birlasoft Ltd?

The ROE of Birlasoft Ltd is 22.5 %.

What is the Face Value of Birlasoft Ltd?

The Face Value of Birlasoft Ltd is 2.00.