|
14 Apr 2025 |
Birlasoft
|
Consensus Share Price Target
|
359.75 |
516.64 |
- |
43.61 |
buy
|
|
|
|
|
27 Oct 2022
|
Birlasoft
|
ICICI Securities Limited
|
359.75
|
284.00
|
274.10
(31.25%)
|
Target met |
Hold
|
|
|
Birlasoft has reported Q2FY23 revenue of US$148.8mn, up 0.1% QoQ in US$ terms, much lower than our estimate of +2% QoQ.
|
|
25 Oct 2022
|
Birlasoft
|
IDBI Capital
|
359.75
|
340.00
|
270.20
(33.14%)
|
Target met |
Buy
|
|
|
|
|
23 Oct 2022
|
Birlasoft
|
ICICI Direct
|
359.75
|
310.00
|
280.40
(28.30%)
|
Target met |
Hold
|
|
|
|
|
05 Aug 2022
|
Birlasoft
|
ICICI Securities Limited
|
359.75
|
333.00
|
350.15
(2.74%)
|
Target met |
Hold
|
|
|
Birlasoft reported in line EBIT margin of 13%. Sequential drop of 100bps QoQ in margin was due to high cost of hiring, mid and junior level employee promotions and lower utilisation (82.5%, -270bps QoQ). Utilisation dropped due to delayed ramp up of the two deals. In Q2FY23, management expects headwinds from wage hikes to result in 2.5-3% QoQ higher employee expense as a % of revenue.
|
|
04 Aug 2022
|
Birlasoft
|
Chola Wealth Direct
|
359.75
|
620.00
|
345.95
(3.99%)
|
|
Accumulate
|
|
|
|
|
04 Aug 2022
|
Birlasoft
|
Monarch Networth Capital Limited
|
359.75
|
435.00
|
336.00
(7.07%)
|
|
Buy
|
|
|
|
|
07 Jun 2022
|
Birlasoft
|
Monarch Networth Capital Limited
|
359.75
|
|
337.95
(6.45%)
|
|
Not Rated
|
|
|
|
|
25 May 2022
|
Birlasoft
|
ICICI Direct
|
359.75
|
440.00
|
343.25
(4.81%)
|
|
Buy
|
|
|
|
|
25 May 2022
|
Birlasoft
|
IDBI Capital
|
359.75
|
455.00
|
353.70
(1.71%)
|
|
Buy
|
|
|
|
|
30 Jan 2022
|
Birlasoft
|
ICICI Securities Limited
|
359.75
|
540.00
|
445.10
(-19.18%)
|
|
Buy
|
|
|
What should investors do? Birlasoft's share price has grown by ~3.9x since it demerger (from ~| 114 in February 2019 to ~| 445 levels in January 2022). We continue to remain positive and retain our BUY rating on the stock....
|