Financial Performance - Consolidated (Q1 FY27)
- Revenue from operations: ₹2,646.45 crore (Q4 FY26: ₹2,836.12 crore; Q1 FY26: ₹2,454.22 crore)
- Other Income: ₹22.96 crore (Q4 FY26: ₹38.95 crore; Q1 FY26: ₹31.94 crore)
- Total Income: ₹2,669.41 crore (Q4 FY26: ₹2,875.07 crore; Q1 FY26: ₹2,486.16 crore)
- Profit before exceptional items and tax: ₹155.70 crore (Q4 FY26: ₹352.89 crore; Q1 FY26: ₹177.38 crore)
- Exceptional items: Nil (Q4 FY26: ₹(27.59) crore)
- Profit before tax: ₹155.70 crore (Q4 FY26: ₹380.48 crore; Q1 FY26: ₹177.38 crore)
- Tax expense: ₹40.75 crore (Current tax: ₹40.75 crore; Deferred tax: ₹(0.78) crore)
- Net profit for the period: ₹115.73 crore (Q4 FY26: ₹294.77 crore; Q1 FY26: ₹119.57 crore)
- Basic and diluted EPS: ₹15.03 (Q4 FY26: ₹38.28; Q1 FY26: ₹15.53)
- Total Comprehensive Income: ₹246.45 crore (Q4 FY26: ₹173.02 crore; Q1 FY26: ₹245.83 crore)
Key Financial Ratios - Consolidated
- Net Worth: ₹6,484.85 crore
- Debt Equity Ratio: Not provided
- Current Ratio: 1.27 times
- Long Term Debt to Working Capital: 2.36 times
- Operating Margin: 13.12%
- Net Profit Margin: 4.44%
- Debtors Turnover: 25.19 times
- Inventory Turnover: 9.16 times
Segment Performance - Consolidated
- Cement: Revenue ₹2,515.17 crore, Segment Result ₹226.47 crore
- Jute: Revenue ₹81.25 crore, Segment Result ₹2.88 crore
- Others: Revenue ₹0.68 crore, Segment Result ₹(1.22) crore
Financial Performance - Standalone (Q1 FY27)
- Total Income: ₹1,466.73 crore
- Net profit before tax and exceptional items: ₹55.43 crore
- Net profit after tax: ₹40.75 crore
- Basic and diluted EPS: ₹5.29
Significant Developments
1. Coal Mine Commencement: The company commenced commercial production of coal at Bikram Coal Mine in Burhar, Shahdol, Madhya Pradesh effective 22nd June, 2026.
2. Tax Regime Change: During the quarter, the company exercised option under Section 115BAA of Income-tax Act, 1961 to compute tax liability at concessional rates.
3. West Bengal Incentive Issue:
- Gross outstanding claim balance of ₹138.58 crore under WBIS 2000 and ₹28.58 crore under WBSS 2008
- Calcutta High Court had directed payment of ₹55.66 crore for DHTC claim (2010-11 to 2012-13)
- West Bengal enacted Revocation Act 2025 effective 2nd April 2025, revoking incentives retrospectively
- Company filed writ petition challenging validity of Revocation Act
- Provision of ₹69.29 crore for DHTC claim and ₹28.58 crore for DCW claim maintained based on expected credit loss method
4. Exceptional Items: No exceptional items in current quarter. Previous quarter included:
- ₹34.14 crore incremental impact of Labour Codes implementation
- ₹35.68 crore additional ECL provision on West Bengal incentives
- ₹28.05 crore impairment loss on mining rights
- ₹91.32 crore incentive income recognition for Mukutban plant
Corporate Structure
Financial results include following subsidiaries:
- Birla Corporation Limited (Parent)
- RCCPL Private Limited (100% subsidiary)
- Birla Jute Supply Company Limited (100% subsidiary)
- Talavadi Cements Limited (98.01% subsidiary)
- Lok Cements Limited (100% subsidiary)
- Budge Budge Floor Coverings Limited (100% subsidiary)
- Birla (Cement) Assam Limited (100% subsidiary)
- M.P. Birla Group Services Private Limited (100% subsidiary)
- AAA Resources Private Limited (100% subsidiary of RCCPL)
- Utility Infrastructure & Works Private Limited (100% subsidiary of RCCPL)
- SIMPL Mining & Infrastructure Limited (100% subsidiary of RCCPL)
Audit and Compliance
- Results reviewed by Audit Committee on 24th July, 2026
- Approved by Board of Directors on 25th July, 2026
- Limited review conducted by V. Sankar Aiyar & Co., Chartered Accountants
- Meeting duration: 10:30 a.m. to 12:55 p.m.
Capital Structure
- Paid-up Equity Share Capital: ₹77.01 crore (Face Value ₹10 each)
- Debentures: ₹100 crore secured by first charge on cement division assets
- Asset cover: 3.22 times for secured NCDs and term loans