Birla Precision Technologies Ltd (522105)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Birla Precision's revenue was ₹60.5 Cr (+1.4% year on year, -8.7% on the previous quarter), and net profit ₹5.4 Cr (+86.4% year on year); the operating margin was 4.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹60.5 | +1.4% | -8.7% |
| Operating profit | ₹2.9 | -56.0% | +10.5% |
| Net profit | ₹5.4 | +86.4% | +140.7% |
| EPS (₹) | 0.79 | +79.5% | +139.4% |
| Operating margin | 4.8% | — | — |
📢 Recent Corporate Announcements
The Maharashtra Goods and Services Tax Department has concluded its search proceedings against Birla Precision Technologies, which were initiated on August 20, 2026, and ended on August 26, 2026. The department determined a liability of Rs 5.55 crore (including interest and penalty) regarding alleged ineligible input tax credit (ITC) availment from earlier years. The determined liability represents roughly 39.6% of the company's TTM net profit of Rs 14 crore. Operations continued as usual with no operational disruption reported.
- Search proceedings conducted under Section 67 of MGST Act from August 20, 2026 to August 26, 2026
- Department determined tax liability of Rs 5.55 crore including interest and penalty
- Demand relates to alleged ineligible availment of input tax credit for earlier years
- Estimated liability represents ~39.6% of TTM PAT (Rs 14 crore)
Birla Precision Technologies Ltd reported that the Maharashtra Goods and Services Tax Department commenced search proceedings under Section 67 of the Maharashtra GST Act, 2017. The search began on August 20, 2026, at 3:15 PM across the company's registered office and plant locations. Details of alleged violations and potential financial liabilities cannot be ascertained currently as proceedings are ongoing. The company stated that business operations remain unaffected and continue as usual.
- Search proceedings initiated under Section 67 of the Maharashtra GST Act, 2017
- Proceedings commenced on August 20, 2026, at 3:15 PM at the registered office and plant locations
- Company confirmed that standard business operations continue as normal during the search
- Monetary impact and details of alleged non-compliance remain unquantified as proceedings are ongoing
Birla Precision Technologies has issued a letter to shareholders containing the web link to access the Annual Report for FY2025-26 and the Notice convening the 39th Annual General Meeting (AGM). The AGM is scheduled to take place on Wednesday, September 09, 2026, at 11:30 AM IST via Video Conferencing. The cut-off date for dispatch of notices was Friday, August 14, 2026. The communication also includes reminders for shareholders holding physical securities to update mandatory KYC details.
- 39th Annual General Meeting scheduled for September 09, 2026, at 11:30 AM IST via Video Conferencing
- Cut-off date for sending notice and Annual Report FY2025-26 was August 14, 2026
- Issued under Regulation 36 of SEBI LODR Regulations for shareholders with unregistered email addresses
- Mandates KYC updates and dematerialisation for physical security holders per SEBI circular dated January 30, 2026
Birla Precision Technologies Limited has issued the notice for its 39th Annual General Meeting (AGM) to be held on September 09, 2026, via video conferencing. The company proposed a final dividend of ₹0.05 per equity share (face value ₹2) for FY25-26, with the record date fixed for September 03, 2026. Shareholder approvals are also being sought for the managerial remuneration of Chairman Vedant Birla (₹1.00 crore fixed plus 1% profit commission) and Managing Director Ravinder Chander Prem (₹2.093 crore fixed plus ₹75 lakh incentive). E-voting will run from September 06 to September 08, 2026.
- 39th AGM scheduled for September 09, 2026, at 11:30 AM IST via video conferencing
- Final dividend proposed at ₹0.05 per equity share of face value ₹2 for FY25-26
- Record date for dividend entitlement and cut-off for e-voting is September 03, 2026
- Proposed remuneration for Chairman Vedant Birla is ₹1,00,00,000 fixed plus 1% net profit commission
- Proposed remuneration for MD Ravinder Chander Prem includes ₹2,09,30,000 fixed plus up to ₹75,00,000 incentive
Birla Precision Technologies reported a consolidated revenue of ₹66.66 Cr for Q1 FY27, marking an 11.3% increase from ₹59.88 Cr in Q1 FY26. However, consolidated net profit declined by 22.6% YoY to ₹2.23 Cr, down from ₹2.88 Cr, primarily due to a sharp rise in raw material consumption costs. The Board has fixed September 03, 2026, as the record date for the final dividend for FY 2025-26. The company also announced the appointment of new internal and cost auditors for the current financial year.
- Consolidated revenue for Q1 FY27 rose to ₹66.66 Cr from ₹59.88 Cr in the previous year's corresponding quarter.
- Consolidated net profit for the quarter stood at ₹2.23 Cr, a decline from ₹2.88 Cr in Q1 FY26.
- Automotive Components segment revenue saw a significant jump to ₹7.22 Cr from ₹0.90 Cr YoY.
- Raw material consumption costs increased to ₹25.43 Cr in Q1 FY27 from ₹19.56 Cr in Q1 FY26.
- The 39th Annual General Meeting (AGM) is scheduled for September 09, 2026.
Birla Precision Technologies reported a strong bottom-line performance for Q1 FY27, with consolidated net profit rising 86.5% YoY to ₹5.37 Cr. While revenue from operations grew modestly by 1.4% to ₹60.45 Cr, the profit was significantly bolstered by a surge in 'Other Income' to ₹6.21 Cr from just ₹0.26 Cr in the year-ago period. A notable operational highlight is the Automotive Components segment, which saw revenue jump to ₹7.22 Cr from ₹0.90 Cr YoY. The company also confirmed September 03, 2026, as the record date for the final dividend of FY 2025-26.
- Consolidated Net Profit increased 86.5% YoY to ₹5.37 Cr in Q1 FY27 from ₹2.88 Cr in Q1 FY26
- Automotive Components segment revenue grew 8x to ₹7.22 Cr compared to ₹0.90 Cr in the same quarter last year
- Other Income surged to ₹6.21 Cr, representing approximately 115% of the quarter's net profit
- Consolidated EPS improved to ₹0.79 for the quarter from ₹0.44 in the previous year's corresponding period
- Record date for FY26 final dividend fixed for September 03, 2026
Birla Precision Technologies reported a strong start to FY27 with consolidated net profit rising 86.5% YoY to ₹5.37 Cr. Revenue grew 11.3% YoY to ₹66.66 Cr, driven by a significant recovery in the Automotive Components segment which surged from ₹0.90 Cr to ₹7.22 Cr. While revenue saw a slight sequential dip of 5.3% compared to Q4 FY26, profitability improved substantially. The company has also fixed September 3, 2026, as the record date for the final dividend of FY26.
- Consolidated Net Profit increased 86.5% YoY to ₹5.37 Cr from ₹2.88 Cr in Q1 FY26
- Consolidated Revenue from operations grew 11.3% YoY to ₹66.66 Cr
- Automotive Components segment revenue scaled significantly to ₹7.22 Cr from ₹0.90 Cr YoY
- Tooling segment remains the core business, contributing ₹59.44 Cr or 89% of total revenue
- Record date for final dividend payment set for September 3, 2026
Birla Precision Technologies reported a strong start to FY27 with consolidated revenue growing 11.3% YoY to ₹66.66 Cr. Net profit for the quarter surged 86.5% YoY to ₹5.37 Cr, driven by improved performance in the core Tooling segment. The company has confirmed September 3, 2026, as the record date for the final dividend of FY 2025-26. Segmental data shows the Tooling division continues to dominate, contributing over 89% of total revenue.
- Consolidated Revenue grew 11.3% YoY to ₹66.66 Cr from ₹59.88 Cr in Q1 FY26
- Consolidated Net Profit increased 86.5% YoY to ₹5.37 Cr compared to ₹2.88 Cr in the previous year
- Tooling segment revenue reached ₹59.44 Cr, accounting for 89.2% of total consolidated revenue
- Consolidated EPS improved significantly to ₹0.79 from ₹0.44 in the year-ago quarter
- Record date for final dividend payment fixed as September 03, 2026
Birla Precision Technologies has scheduled a board meeting on August 13, 2026, to approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company enters this quarter following a TTM revenue of Rs 247 Cr and a PAT of Rs 11 Cr. Investors will be monitoring for margin improvements, as operating margins (OPM) stood at 7.0% in FY26. The trading window for insiders has been closed since June 29, 2026, in compliance with SEBI regulations.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
- Trading window closed from June 29, 2026, until 48 hours post-announcement
- Company reported TTM revenue of Rs 247 Cr and PAT of Rs 11 Cr as of March 2026
- Current market capitalization stands at Rs 238 Cr with a P/E ratio of 21.1
Birla Precision Technologies has announced the resignation of Mr. Niranjan Ravindra Joglekar, Vice President – Export and a member of the Senior Management Personnel. He tendered his resignation on April 17, 2026, and served a three-month notice period until July 16, 2026. The resignation was cited for personal reasons and better prospects. The company has accepted the resignation and relieved him of his duties as of the close of business on July 16, 2026.
- Mr. Niranjan Ravindra Joglekar resigned from the position of Vice President – Export.
- The resignation letter was submitted on April 17, 2026.
- The effective date of cessation is July 16, 2026.
- The reason for departure is cited as personal reasons and better prospects.
Financial Performance
Revenue Growth by Segment
Consolidated total income for FY25 was INR 216.02 Cr, a decline of 5.07% from INR 227.56 Cr in FY24. Standalone revenue fell 8.02% to INR 209.51 Cr. Historical segment mix (FY22) was Cutting Tools (82%), Tool Holders (10%), and Machining/Precision Components (8%).
Geographic Revenue Split
Domestic sales contribute 92% of revenue, while international exports to 30+ countries (including USA, Germany, China, Brazil, and Mexico) account for 8%.
Profitability Margins
Consolidated Net Profit Margin declined from 4.14% in FY24 to 2.71% in FY25. Return on Net Worth (consolidated) fell from 6% to 4% YoY due to operational disruptions and higher input costs.
EBITDA Margin
Consolidated EBITDA margin compressed from 11.77% in FY24 to 9.61% in FY25. Standalone EBITDA margin fell from 12.28% to 10.04% YoY, primarily due to a 5% increase in Cost of Goods Sold (COGS) as a percentage of revenue.
Capital Expenditure
The company availed a term loan of INR 6.15 Cr from JSB in FY25 to meet capital expenditure requirements for upgrading manufacturing facilities.
Credit Rating & Borrowing
Infomerics assigned a long-term rating of IVR BBB/Stable and a short-term rating of IVR A3+ for total bank facilities of INR 70.00 Cr. Finance costs increased 63.25% YoY to INR 5.72 Cr in FY25.
Operational Drivers
Raw Materials
Key raw materials include castings, forgings, and Ammonium Paratungstate (APT) for the carbide tools portfolio.
Import Sources
Sourcing is primarily domestic from casting and forging sectors, though competitive pressure suggests exposure to low-cost Chinese raw material markets.
Capacity Expansion
Current total capacity is approximately 22.87 lakh pieces per month across five plants: Nashik (14 lakh/month), Aurangabad (4.87 lakh/month), and Chalisgaon (4 lakh/month).
Raw Material Costs
COGS as a percentage of revenue increased by 5% in FY25 due to changes in inventory consumption patterns and rising APT prices.
Manufacturing Efficiency
Operational efficiency was temporarily hampered in FY25 by the SAP migration, leading to an 8% decline in sales during the transition period.
Strategic Growth
Growth Strategy
Growth is targeted through penetration into the US consumable market, diversifying the customer base into Railways, EV bus body building, and the DIY segment, and the demerger of the Foundry division into Birla Accucast Private Limited to unlock value.
Products & Services
Cutting tools (drills, reamers, cutters), tool holders (collets, work holdings), and precision machined components (camshafts, cylinder blocks, braking systems).
Brand Portfolio
Dagger, Carbomach, and Hathyar.
New Products/Services
Expansion of the Carbide Tools portfolio and specialized components for the EV bus body building and DIY segments.
Market Expansion
Targeting global market penetration with a focus on the US and Germany, leveraging the global shift away from Chinese manufacturing dependency.
Market Share & Ranking
Pioneer and leading tool manufacturing company in India with an 8-decade legacy; ITM subsidiary holds a significant market share in cutting tools.
Strategic Alliances
Historical technical collaborations include Kennametal Inc (USA) for tool holders and Perucchini spa (Italy) for precision components.
External Factors
Industry Trends
Rapid integration of advanced materials, electrification (EVs), and automation in the automotive ecosystem are driving demand for high-precision components.
Competitive Landscape
Intense rivalry from domestic casting/forging players entering tool manufacturing and traders branding low-cost Chinese imports locally.
Competitive Moat
Durable moat derived from an 80-year legacy (since 1937), the Birla brand name, and a massive product basket of 60,000+ SKUs.
Macro Economic Sensitivity
Highly sensitive to the automotive sector, which accounts for a significant portion of demand; Asia-Pacific leads the global market with a 42.7% revenue share in 2025.
Consumer Behavior
Increasing demand for customized, sector-specific tooling solutions in aerospace and electronics to address complex component designs.
Geopolitical Risks
The 'China Plus One' strategy presents an opportunity for BPTL to capture market share as global manufacturers seek alternate sourcing.
Regulatory & Governance
Industry Regulations
Adheres to ISO 9001:2000 quality standards and SEBI Listing Regulations for statutory reporting.
Environmental Compliance
Maintains ISO 14001:2004 certification for environmental management systems.
Taxation Policy Impact
Effective tax rate was approximately 20.2% in FY25 based on tax expenses of INR 1.71 Cr against PBT of INR 8.45 Cr.
Risk Analysis
Key Uncertainties
Transitional challenges from ERP migration (8% sales impact) and volatility in raw material prices (APT) for carbide tools.
Geographic Concentration Risk
High domestic concentration with 92% of revenue derived from the Indian market.
Third Party Dependencies
Reliance on casting and forging sector suppliers for critical component inputs.
Technology Obsolescence Risk
Risk of reliance on manual processes; mitigated by SAP migration and R&D investments in emerging tool technologies.
Credit & Counterparty Risk
Adequate liquidity with a current ratio of 1.78x and 83% utilization of working capital limits as of September 2024.