Birla Cable Ltd

About Birla Cable Ltd

Birla Cable Ltd (BCL) is an excellent player in the cable and wires business, having an excellent product range and a sound manufacturing base. It has been part of the M P Birla Group since 1992 and has been building up fast in domestic and international markets. 

The company is mainly engaged in manufacturing and selling a wide range of cables and accessories. Along with a range of specialty cables, the company deals in optical fiber cables, copper telecommunication cables, structured copper cables, and all their related accessories. BCL manufactures from its Rewa, Madhya Pradesh-based plant with a robust production capacity of around 36 lakh fiber kilometers. For real-time updates on Birla Cable limited share price, you can track NSE or BSE.

History of Birla Cable Ltd

Birla Cable Ltd was established in 1992 and was mainly aimed at addressing the increasing demands of the telecommunication industry. Over time, the company has become one of the major cable manufacturing companies through increased product offerings and capacity building. BCL's strategic investments and expansions over the past few years indicate sustained innovation and expansion.

Business Segments of Birla Cable Ltd

Below are the segments in which Birla Cable deals:

• Fibre Optic Cables: BCL manufactures various fiber optic cables, including aerial, underground duct, microduct, micro module, and FTTX specialty indoor cables.
• Telecom Fibre Accessories: The accessories go with the products and include connectors, adapters, pigtails, patch cords, fibre management solutions, and joint closures.
• Structured Cables: BCL proposes CAT 7, CAT 6A, CAT 6, and CAT 5E structured cables, which are required for networking and data communication.
• Structured Cable Accessories: Patch cords, keystones, patch panels, face plates, and connectors are included.

Outlook of Birla Cable Limited

Birla Cable Ltd is well placed to capitalize on the growth of this telecommunication sector. Its established manufacturing base, efficient capacity addition, and diversified product lines would enable BCL to gain greater market share in local as well as international markets. The focus of the company towards technological progress as well as upgradation in capacity factor bears out through relieving growing pains of this telecommunication sector. As BCL continues to grow upwards, it continues to capitalize on its strengths and exploit new opportunities for growth in an increasingly global market.

You can track the daily hare Price of Birla Cable on BlinkX.

Financial Performance of Birla Cable Limited 

• Birla Cable reported net sales of ₹165.91 crores as of June 2024. This was lower by 4.71% compared with ₹174.10 crore in June 2023.
• Quarterly net profit had fallen sharply to almost 99.79% to ₹0.03 crore from ₹11.98 crore in June 2023.
• EBITDA for the quarter ended June 2024 stands at ₹6.90 crore, down from ₹22.15 crore for the quarter ended June 2023, registering a drop of 68.85%.
• EPS at ₹0.01 in June 2024 is much lower compared to June 2023 at ₹3.99.

Key Personnel of Birla Cable Limited

• Mr. Harsh V Lodha
  Shri Harsh V. Lodha serves as Chairman and is a distinguished Chartered Accountant with extensive experience across various prestigious committees and working groups, including those established by FICCI, the Reserve Bank of India, and the Government of India. His professional expertise extends to advisory roles in diverse fields, with notable involvement in trusts, educational institutions, and cultural organizations.
• Mr. Dhanraj Bansal
  Shri Dhanraj Bansal is a company executive with over 50 years of experience in the cable industry. His extensive background encompasses administration, production, marketing, and international business development. He is actively engaged with industry forums both domestically and internationally.
• Ms. Archana Kapoor
  Ms. Archana Kapoor, a science graduate with an MBA in Finance and Market Research, boasts over 3 decades of corporate leadership experience. She has held key positions, including Chairperson and Managing Director of the Tourism Finance Corporation of India Ltd. (TFCI Ltd.) and Finance Head at HUDCO. Currently, she oversees projects for the Indian Trust for Rural Heritage and Development, focusing on Corporate Social Responsibility initiatives.
• Ms. Kiran Aggarwal
  Ms. Kiran Aggarwal, who joined the Indian Administrative Service in 1964 and retired in 2002, held prominent roles in various government ministries and departments. Following her retirement, she has contributed to several governmental committees and currently leads a committee on urban homeless shelter provision in Chandigarh. She is also a member of the Governing Body of Janki Devi Memorial College and heads an NGO operating in Haryana and Delhi.
• Mr. Bachh Raj Nahar
  Mr. Bachh Raj Nahar is an eminent Chartered Accountant with a Bachelor's Degree in Commerce. He served as Managing Director of Birla Corporation Limited and held senior positions in major corporate entities, including Vikram Ispat and the Essar Group. His leadership in the cement industry has been recognized by Business World magazine.
• Pandanda Kariappa Madappa
  Pandanda Kariappa Madappa is the Managing Director of Macmet Engineering Limited, known for its expertise in pipe and cross-country conveyor systems. He is also a promoter of companies involved in aerospace, defence, and technology sectors, including innovations in set-top boxes and addressable devices.
• Shri R Sridharan
  R. Sridharan is the Chief Executive Officer of Birla Cable Ltd., is an engineer with over thirty years of experience across the telecom, power, and LPG industries. His expertise spans various domains including projects, manufacturing, quality control, marketing, and product development. He also leads the Birla Group’s initiatives in LED lighting solutions.