BirlaNu Ltd
HIL Limited (HIL) is a part of the C.K. Birla Group and is headquartered in Hyderabad. It is one of the leading Companies in the building materials and construction industry with robust product pipeline and wide range. The company manufactures asbestos FC sheets, coloured steel sheets, non-asbestos corrugated roofing sheets, new generation building products like autoclaved aerated concrete (AAC) blocks (light bricks) that are used for walls in building constructions and aerocon panels and boards that are used as partition in residential and commercial buildings. [1]
Strengths
- +Stock is trading at 0.87 times its book value
Weaknesses
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 9.16% over past five years.
- −Tax rate seems low
- −Company has a low return on equity of 3.37% over last 3 years.
- −Earnings include an other income of Rs.50.1 Cr.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 40.57% | 40.57% | 40.57% | 40.57% | 40.57% | 40.57% | 40.57% | 40.57% |
| FIIs | 1.54% | 1.35%▼0.2 | 1.29%▼0.1 | 1.4%▲0.1 | 2.05%▲0.6 | 2.23%▲0.2 | 2.64%▲0.4 | 2.87%▲0.2 |
| DIIs | 3.27% | 3.57%▲0.3 | 2.48%▼1.1 | 0.1%▼2.4 | 0.12%▲0.0 | 0.15%▲0.0 | 0.14%▼0.0 | 0.06%▼0.1 |
| Public | 50.57% | 50.45%▼0.1 | 51.61%▲1.2 | 53.88%▲2.3 | 53.2%▼0.7 | 53%▼0.2 | 52.6%▼0.4 | 52.44%▼0.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 509 | 534 | 775 | 481 | 496 | 581 | 728 | 479 | 550 | 625 |
| Expenses | 491 | 520 | 701 | 489 | 496 | 574 | 688 | 478 | 548 | 599 |
| Operating Profit | 18 | 14 | 74 | -7 | 0 | 7 | 40 | 1 | 2 | 27 |
| OPM % | 4% | 3% | 10% | -2% | 0% | 1% | 5% | 0% | 0% | 4% |
| Net Profit | 7 | 4 | 43 | 60 | -11 | -10 | 28 | -3 | 3 | -25 |
| EPS ₹ | 8.91 | 5.38 | 56.48 | 79.73 | -15.13 | -13.17 | 37.16 | -4.48 | 4.59 | -32.99 |
AI Insights
Mar 2026 revenue at ₹2,427Cr, up 5.1% YoY. OPM at 3%.
Borrowings at ₹474Cr. Debt-to-equity ratio: 0.40x. Healthy balance sheet.
CWIP at ₹38Cr (4% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 0.06% (-3.39pp change). FIIs: 2.87% (+0.33pp change). Promoters hold 40.57%.
ROCE declining from 19% (Mar 2015) to 4% (Mar 2026). Working capital days: -4.
PE 53.4x with 3.59% ROCE. Price is -14% above book value of ₹1,582. Dividend yield: 2.19%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 May - Audio recording of investor conference call on Q4 and FY26 results shared on May 13, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 May - Newspaper publication on the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Investor Presentation 13 May - Investor Presentation on the audited standalone and consolidated financial results of the Company for the quarter and financial year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Change in Management 12 May - Board approved FY26 audited results, recommended 150% final dividend, and appointed Chief Procurement Officer.
- Corporate Action-Board approves Dividend 12 May
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse