Anand Rathi: Birla Corp Logs Strong Q2 Operating Show

Anand Rathi: Birla Corp Logs Strong Q2 Operating Show

A construction worker shovels cement at a residential development under construction. (Photographer Victor J. Blue/Bloomberg)

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Anand Rathi Report

On demand recovery and cost rationalisation, Birla Corporation Ltd.’s operating performance improved.

Its Ebitda/tonne was the highest in the last 10 years. In line with its targeted 25 million tonne per annum by FY25, on greater demand its Kundanganj expansion was revived.

Despite ongoing capex, net debt is expected to be in check on improving profitability.

A judicious geographic- and product-mix aimed at increasing the share of blended and premium cement in its portfolio are positives.

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Anand Rathi Birla Corp Company Update.pdf
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