NSE: BIRLAPREC · BSE: 522105
BIRLA PRECISION TECH L
Manufactures precision engineering products, primarily cutting tools, from facilities at Aurangabad, Nashik, and Chalisgaon in Maharashtra, and serves a diversified industrial customer base. The business reports two segments under Ind AS 108 — Tooling, which is the dominant and profitable line, and Automotive Components, which has remained loss-making. A wholly-owned German subsidiary, Birla Precision Technologies GmbH, is also part of the group. FY26 consolidated revenue was Rs. 247.13 crore (standalone Rs. 238.4 crore), with year-on-year revenue growth of 15.7% and net profit of Rs. 11.27 crore. Materials (36% of revenue) and other operating expenses (35.7% of revenue) are the largest cost items, followed by employee costs at 23%. The company has announced plans to expand into aerospace, defence, 3C electronics and heavy engineering and adopted a new brand identity in February 2026. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Tooling, Automotive Components. Capital-goods, manufacturing business with a profitable tooling core and a small loss-making automotive components unit
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 246 | 253 | 226 | 214 | 247 |
| EBITDA (ex other income) | 19 | 17 | 25 | 18 | 17 |
| margin % | 7.6 | 6.7 | 11.0 | 8.6 | 6.9 |
| Owners' profit | 0 | 14 | 0 | 6 | 11 |
| EPS, as reported (₹) | 1.71 | 2.16 | 1.43 | 0.89 | 1.69 |
| ROE % · ROCE % | 9.9 · 13.5 | 10.7 · 16.5 | 6.3 · 13.0 | 3.7 · 8.5 | 6.4 · 11.2 |
| Debt / equity (x) | 0.20 | 0.25 | 0.29 | 0.36 | 0.30 |
| Cash from operations | 31 | 27 | 6 | 15 | 22 |
| Capex | (18) | (32) | (10) | (11) | (27) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 47 | 56 | 57 | 54 | 60 | 64 | 58 | 66 |
| Profit before tax | 1 | 1 | 2 | 4 | 4 | 6 | 2 | 4 |
| Net profit | 1 | 1 | 1 | 4 | 3 | 5 | 2 | 2 |
| EPS (₹) | 0.10 | 0.09 | 0.14 | 0.56 | 0.44 | 0.71 | 0.23 | 0.33 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Tooling | 248 | 97.0 |
| Automotive Components | 8 | 3.0 |
| Other | 0 | 0.0 |
| Total, before eliminations | 256 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 46,904 | 97.4 | 24.99 | 80.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,105 | 81.2 | 9.82 | 52.4 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 26,932 | 49.1 | 6.04 | — | 11.8 | 15.5 | — | 18.2 |
| JYOTI CNC AUTOMATION LTD | 21,121 | 65.7 | 10.55 | 37.3 | 16.8 | 19.2 | — | 22.2 |
| KAYNES TECHNOLOGY IND LTD | 20,995 | 60.6 | 4.41 | 29.9 | 7.6 | 9.8 | — | 17.1 |
| LMW LIMITED | 17,483 | 100.1 | 6.10 | 56.6 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 13,085 | 459.6 | 3.84 | 39.1 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,360 | 48.5 | 7.34 | 50.4 | 11.7 | 11.5 | — | 15.0 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 27.9 | 26.7 | 69 of 130 | 47% |
| P/B | 1.9 | 3.1 | 41 of 112 | 64% |
| ROCE | 8.6 | 11.3 | 95 of 142 | 33% |
| ROE | 6.4 | 9.8 | 76 of 113 | 33% |
| Debt / Equity | 0.3 | 0.2 | 75 of 113 | 34% |
| EBITDA margin | 10.3 | 12.4 | 70 of 110 | 37% |
| Revenue growth | 22.2 | 20.6 | 54 of 114 | 53% |
| Profit growth | (39.2) | 17.1 | 83 of 109 | 24% |
| Market cap | 326 | 273 | 68 of 141 | 52% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Routine compliance certificate for Q2 FY27 demat and remat filings | compliance | minimal | — | — |
| 29 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 10 Sept 2026 · 39th AGM Results: All 6 Resolutions Passed, Dividend Approved for FY26 | compliance | minimal | — | — |
| 9 Sept 2026 · 39th AGM held via video conferencing on Sep 9, 2026, six resolutions voted on | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Maharashtra GST Department conducts search at company offices and plants | regulatory legal | high | — | — |
| 19 Aug 2026 · Newspaper ad for 39th AGM and e-voting info | compliance | minimal | — | — |
| 18 Aug 2026 · Birla Precision sends FY26 Annual Report weblink to shareholders | investor communications | low | — | — |
| 18 Aug 2026 · Birla Precision Technologies 39th AGM notice, dividend of Rs 0.05 per share | board shareholder meetings | low | — | — |
| 18 Aug 2026 · Annual Report FY2025-26 filed; AGM on 9 September 2026 | compliance | medium | — | — |
| 17 Aug 2026 · Newspaper advertisement for 39th AGM on September 9, 2026 | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.