Birla Corporation Reports Q1 FY27 Revenue of ₹2,669 Crore; Cement Volumes Up 5% to 5.05 Million Tons

Birla Corporation Limited (BSE: 500335, NSE: BIRLACORPN, CIN: L01132WB1919PLC003334), the flagship company of the MP Birla Group, announced its unaudited consolidated financial results for the first quarter ended June 30, 2026.

Despite realization pressure across the cement sector and escalating power and fuel costs, the Kolkata-headquartered manufacturer maintained an operational capacity utilization of 98%, driven by double-digit growth in its trade channel and premium product portfolio.

Key Financial Highlights (Q1 FY27 vs Q1 FY26 & Q4 FY26)

Revenue from Operations: Reached ₹2,646.45 Crore, up 7.83% YoY from ₹2,454.22 Crore in Q1 FY26, though down 6.69% sequentially from ₹2,836.12 Crore in Q4 FY26.

Total Income: Stood at ₹2,669.41 Crore (~₹2,669 Crore in press release terms), representing a 7.37% YoY increase compared to ₹2,486.16 Crore in Q1 FY26.

EBITDA: Recorded at ₹365 Crore, marginally down by 3.6% compared to ₹379 Crore in the year-ago period.

Profit Before Tax (PBT): Came in at ₹155.70 Crore, down from ₹177.38 Crore in Q1 FY26 and ₹352.89 Crore in Q4 FY26.

Net Profit (PAT): Reported at ₹115.73 Crore (~₹116 Crore), reflecting a slight dip of 3.21% YoY from ₹119.57 Crore in Q1 FY26 and down sequentially from ₹294.77 Crore in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter stood at ₹15.03 per equity share (face value of ₹10 each), compared to ₹15.53 in Q1 FY26 and ₹38.28 in Q4 FY26.

Key Operational Metrics & Segment Performance

Cement Operational Metrics              | Q1 FY27     | Q1 FY26     | YoY Change
--------------------------------------------------------------------------------
Cement Sales Volume (Million Tons)      | 5.05        | 4.79        | +5.4%
Capacity Utilization                    | 98%         | 99%         | -100 bps
Blended Cement Share                    | 88%         | 89%         | -100 bps
Trade Channel Share                     | 82%         | 78%         | +400 bps
Premium Cement Share                    | 62%         | 59%         | +300 bps
Realization Per Ton (Cement)            | ₹4,947      | ₹4,858      | +1.8%
EBITDA Per Ton (Cement)                 | ₹675        | ₹715        | -5.6%

Cement Division Trends

Market Recovery & Pricing Friction: Demand gained momentum in the second half of May supported by government infrastructure outlays. However, price hikes rolled out in April-May faced rollback pressures in June due to competitive market conditions.

Brand Growth: Sales of premium products grew 18% YoY, anchored by the flagship brand Perfect Plus, which alone recorded a 24% volume expansion. Eco-friendly blended cement constituted 88% of total cement sales volume.

Subsidiary Performance: RCCPL Private Limited (wholly-owned material subsidiary) saw sales from its Kundanganj and Mukutban units expand by 26% and 12% YoY, respectively.

Green Power Push: To offset a 5% increase in power and fuel costs, the company scaled up its green power mix to 33% (from 31% in FY26). This effort is supported by the commissioning of a 5 MW solar unit at Mukutban and an expansion to 2.6 MW at Birla Jute Mills.

Jute Division

Record high raw jute prices and supply constraints led to rationalized working days, dropping quarterly production by 27% YoY and 8% sequentially.

Despite operational headwinds, the Jute Division generated a cash profit of ₹4.28 Crore (vs ₹6.41 Crore in Q1 FY26), supported by an 18% increase in domestic revenue and a 13% expansion in export revenue.

Consolidated Expenditure Breakdown

Total expenses for the quarter stood at ₹2,513.71 Crore, up from ₹2,308.78 Crore in Q1 FY26:

Freight & Logistics: Transport and forwarding expenses on finished products were ₹591.38 Crore (vs ₹564.13 Crore in Q1 FY26), while internal material transfers accounted for ₹86.72 Crore.

Power & Fuel Costs: Escalated to ₹479.65 Crore, up 21.56% YoY from ₹394.58 Crore in Q1 FY26.

Cost of Materials Consumed: Stood at ₹448.74 Crore (vs ₹374.32 Crore in Q1 FY26).

Employee Benefit Expense: Recorded at ₹155.30 Crore.

Depreciation & Amortisation: Stood at ₹142.30 Crore.

Finance Costs: Reduced to ₹67.22 Crore from ₹70.72 Crore in Q1 FY26.

Other Expenses: Stood at ₹551.09 Crore.

Equity & Total Comprehensive Income

Paid-up Equity Share Capital: Remained unchanged at ₹77.01 Crore (comprising equity shares of ₹10 face value each).

Total Comprehensive Income: Registered at ₹246.45 Crore for the quarter, boosted by positive Other Comprehensive Income (OCI) of ₹130.72 Crore (net of tax).

Shares of Birla Corporation Limited was last trading in BSE at Rs. 956.10 as compared to the previous close of Rs. 974.90. The total number of shares traded during the day was 12558 in over 2017 trades.

The stock hit an intraday high of Rs. 970.00 and intraday low of 939.00. The net turnover during the day was Rs. 12029301.00.

Source : Equity Bulls

Keywords

BirlaCorporation INE340A01012 Cement Q1FY27 Q1FY2027 ResultUpdate