Birlanu

NSE: BIRLANUBSE: 509675
Compare with peers
₹ 1,249.20▲ 0.9 (+0.07%)28 Oct, 03:29 pm IST
Market cap
₹ 949 Cr.
P/E
67x
P/B
0.85x
52-week range
1,190.1 – 1,947.9
ROE
−15%
ROCE
−4%
Dividend yield
1.2%
Debt / equity
1
Sector
Other Construction Materials
Industry
Other Construction Materials
Listed on
NSE, BSE

About

BirlaNu Limited is a home and building products and services company. The Company serves homeowners, builders and designers with sustainable solutions across pipes, construction chemicals, putty, roofs, walls and floors. Its portfolio spans BirlaNu Pipes & Fittings, BirlaNu Construction Chemicals, BirlaNu Aerocon and BirlaNu Putty, alongside brands such as Charminar and Parador. It provides advanced water management solutions through BirlaNu Leakproof Pipes and Topline by BirlaNu Leakproof Pipes brands. BirlaNu Construction Chemicals portfolio offers a range of tile adhesives, industrial flooring, grouts and admixtures engineered to support applications across residential, commercial and large-scale projects. BirlaNu TruColour Putty's advanced technology enhances paint shades with its dry finish, retaining the original shade owing to a blend of white cement, polymers and minerals. BirlaNu Aerocon offers structural strength and a range of AAC blocks, panels and designer cement boards.

Quick check

The five things to look at first. Open one for more.

Birlanu against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)67 against a typical 34.7: pricier than most peers (1st = cheapest).21st of 28
  • Sales growth+11.6% against a typical +11.6% from a year earlier.11th of 21
  • Share price, 3 months−9.5% against a typical −2.8%.17th of 23
  • Size₹ 949.3 Cr. market value against a typical ₹ 67.4 Cr. (1st = largest).3rd of 25

Latest announcements

Exchange filings and their impact on the company.

  • 6 Oct 2026Scheme of ArrangementLow impactPositivePrice −6.1% on 7 Oct
    NCLT approved merger of wholly owned Clean Coats into BirlaNu with no new shares.

    BirlaNu said the NCLT Hyderabad Bench sanctioned the amalgamation of its wholly owned subsidiary Clean Coats Private Limited into itself on 6 October 2026, with appointed date 11 November 2025. No shares will be issued and the subsidiary's share capital will be cancelled. The Mumbai Bench approval for Clean Coats and RoC filings are still pending before the scheme becomes effective. As a wholly owned merger it simplifies the group with only small synergy benefits and no dilution.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety, with caution

Rated AA- by ICRA
AA-
DefaultRiskyModerateSafeVery safe
  • ICRA expects things to get worse (negative outlook).
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]AA- /[ICRA]A1+Negative7 Oct 2026
Credit rating actions
RatingDetails
7 Oct 2026
Reaffirmed
[ICRA]AA- /[ICRA]A1+—ICRA₹ 1,050 Cr.
28 Aug 2025
Reaffirmed
[ICRA]AA- /[ICRA]A1+—ICRA₹ 600 Cr.

Research by Minerva Capital Research Solutions

Our research team's work on Birlanu

Also covered in

Sector note · 4 Aug 2025Premium
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Board meetings

Results dates and other board meetings. Full calendar

Details
2 Nov 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
6 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
12 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
13 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
7 Nov 2025Financial ResultsTo consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2025.
4 Aug 2025Financial ResultsThis is to inform that a meeting of Board of Directors of the Company is scheduled to be held on Monday, August 4, 2025 to, inter-alia, consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2025.
17 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1M change −13.31%
1 of 1 filing day came with a big price moveBiggest −6.1% on 7 Oct 2026AI reading matched the move 0 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7237848521,1077748059291,0528108581,0101,174
Expenses7217688351,0388168069071,0138208711,0181,101
Operating Profit3171769−42−12240−10−13−873
OPM %0.4%2.1%2%6.2%−5.4%−0.1%2.4%3.8%−1.2%−1.5%−0.8%6.2%
Other Income1911115101410191412497
Interest1781171717171715181817
Depreciation293031363637363738383938
Profit before tax−25−11−3216−51−205−49−57−1525
Tax %−35.6%−32.5%−96.3%40.5%−135.1%−30.6%24.7%125.5%−12%−7.1%44.9%63%
Net Profit−16−7−01315−35−25−1−43−53−229
EPS in Rs−20.94−9.52−0.1516.7419.45−47.05−32.77−1.75−56.84−70.32−29.6412.47

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
13%
5 Years
4%
3 Years
2%
TTM
8%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
—
TTM
−7%
Stock Price CAGR
10 Years
10%
5 Years
−22%
3 Years
−20%
TTM
—
Return on Equity
10 Years
—
5 Years
1%
3 Years
−8%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
40.57%
0 pts in a year
FIIs
2.74%
+0.69 pts in a year
DIIs
0.08%
−0.04 pts in a year
Government
4.05%
0 pts in a year
Public
52.56%
−0.64 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 67xEPS (12 months) ₹ 43.71Median P/E 13.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Birlanu₹ 1,249.20₹ 949 Cr.67x0.9x−15%—
Grindwell Norton₹ 1,858.00₹ 20,572 Cr.55.4x9.1x17.4%13.6%
Carborundum Universal₹ 1,031.30₹ 19,647 Cr.71.3x5.2x5.2%3.2%
Kajaria Ceramics₹ 1,137.65₹ 17,896 Cr.38x6.4x16.8%10.2%
Century Plyboards (India)₹ 636.25₹ 14,165 Cr.65.9x6.8x10.6%5%
Jindal SAW₹ 233.30₹ 14,864 Cr.17.4x1.4x—3.3%

Management

Akshat Seth
Chief Executive Officer, Managing Director, Executive Director
Ajay Kapadia
Chief Financial Officer
N. Sesha Srinivas
Chief Human Resources Officer
Rajesh Rajan
Chief Information Officer
Nidhi Bisaria
Company Secretary, Compliance Officer.
Y Srinivasa Rao
Chief Business Officer - Walls

Prices are delayed and for information only. Nothing on this page is investment advice.