Birla Corporation Ltd.- 500335

Name of Company	Birla Corporation Ltd.
BSE Code	500335
NSE Code	BIRLACORP
ICICI Code
Established	In 1919 as Birla Jute manufac Ltd.
My Take	Like
Headquarters	Kolkata
Promoters	MP Birla group(this is the flagship company of the group). Other companies owned by the group are Universal cables, Birla erricson optical cabbles, etc
Story	HV Lodha is now the chairman of the company. Manufactures cement, jute goods, PVC floor covering, auto trims and iron and steel casting.
Sector	Cement
Sub-sector	Cement, jute, others
Website	http://www.birlacorporation.com/
Positives	Providing two dividends a year for the last 2 years. Regular dividend. Can expect more than 1% dividend.  63% promoter holding. 17 to 25% in the last 4 years. Company paid around 27 Cr interest in FY10 compared to a 557 Cr NP. LIC holds good stake in this company. RoCE has been 25 to 52 % in the past 5 years.
Negatives	Revenues have almost doubled in the last 5 years (from 1215 Cr in Fy06 to 2198 Cr in FY10).
Peers
News
Price @ blogged	309.9 (09-Mar-11)
Cost of company	2386.23 Cr market cap for a 557.18 Cr NP in FY ending Mar ' 10 makes it 4.28269141031624 times. This is for a company with 650.56 Cr debt and 1706.21 Cr reserves