Birlasoft Ltd
Birlasoft is engaged in Computer programming, consultancy, and related activities. It provides software development and IT consulting to its customers predominantly in Banking, Financial Services, and Insurance, Life Sciences and Services, Energy Resources and Utilities, and Manufacturing. The Company’s registered office is in Pune. It is part of The CK Birla Group, Birlasoft, comprising over 10,000 plus professionals. [1] [2]
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 60.3%
Weaknesses
- −The company has delivered a poor sales growth of 11.5% over past five years.
- −Debtor days have increased from 59.8 to 95.5 days.
- −Working capital days have increased from 46.1 days to 129 days
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 40.9% | 40.86%▼0.0 | 40.82%▼0.0 | 40.63%▼0.2 | 40.63% | 40.53%▼0.1 | 40.51%▼0.0 | 40.39%▼0.1 |
| FIIs | 18.82% | 11.71%▼7.1 | 11.05%▼0.7 | 11.68%▲0.6 | 12.38%▲0.7 | 11.25%▼1.1 | 10.91%▼0.3 | 13.64%▲2.7 |
| DIIs | 20.89% | 24.26%▲3.4 | 24.63%▲0.4 | 24.53%▼0.1 | 22.42%▼2.1 | 21.92%▼0.5 | 24.11%▲2.2 | 23.35%▼0.8 |
| Public | 19.37% | 23.15%▲3.8 | 23.49%▲0.3 | 23.15%▼0.3 | 24.56%▲1.4 | 26.28%▲1.7 | 24.46%▼1.8 | 22.6%▼1.9 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 693 | 682 | 721 | 644 | 660 | 632 | 627 | 690 | 750 | 756 |
| Expenses | 576 | 587 | 584 | 579 | 582 | 580 | 582 | 583 | 606 | 619 |
| Operating Profit | 117 | 95 | 138 | 65 | 78 | 52 | 45 | 107 | 144 | 136 |
| OPM % | 17% | 14% | 19% | 10% | 12% | 8% | 7% | 16% | 19% | 18% |
| Net Profit | 86 | 69 | 108 | 52 | 58 | 80 | 37 | 101 | 66 | 99 |
| EPS ₹ | 3.12 | 2.5 | 3.93 | 1.88 | 2.09 | 2.89 | 1.32 | 3.61 | 2.35 | 3.53 |
AI Insights
Mar 2026 revenue at ₹2,822Cr, up 6.2% YoY. OPM at 15%.
Borrowings at ₹104Cr. Debt-to-equity ratio: 0.06x. Healthy balance sheet.
DIIs: 23.35% (-1.14pp change). FIIs: 13.64% (+2.33pp change). Promoters hold 40.39%.
ROCE improving from 13% (Mar 2015) to 25% (Mar 2026). Working capital days: 129.
PE 25.8x with 24.7% ROCE. Price is 380% above book value of ₹64.1. Dividend yield: 2.1%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 13 May - Transcript of Earnings Call held on May 6, 2026
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 6 May - Birlasoft uploaded May 6, 2026 earnings call recording on its website.
- Announcement under Regulation 30 (LODR)-Change in Management 6 May - Birlasoft approved Q4/FY26 audited results, recommended Rs 4 final dividend, and designated Mohanraj Janakiraman as senior management personnel.
- Announcement under Regulation 30 (LODR)-Investor Presentation 6 May - Investor Update for Q4 FY 2025-26
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse