Birla Corp - New Capacity, New Markets, Strategic Expansion To Drive Future Growth: Axis Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Axis Securities Report.Birla Corporation Ltd. recorded overall consolidated revenue of Rs 7,461 crore in FY22, registering an excellent growth of 10% YoY. Robust revenue growth was driven by superior demand in Q4 FY22, catering to which, the company’s capacity utilisation touched 108% during the quarter. It also reported the highest-ever volume of 14.2 million tonne per annum during the year. The company’s consolidated Ebitda in FY22 contracted by 480 basis points to 14.9% owing to higher energy cost during the year, which was up 32% on a per tonne basis YoY. Birla Corp’s sustained thrust on premium cement paid off well during the year as it jumped to 51% of trade sales in FY22. The share of blended cement, too, was maintained at healthy levels of 91%. The company also introduced Birla Rakshat cement in the premium category during the year. The sale of blended cement grew by 4% YoY..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Birla Corp - New Capacity, New Markets, Strategic Expansion To Drive Future Growth: Axis Securities

Birla Corp - New Capacity, New Markets, Strategic Expansion To Drive Future Growth: Axis Securities

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