|
13 Sep 2025 |
Birlasoft
|
Consensus Share Price Target
|
373.60 |
403.07 |
- |
7.89 |
hold
|
|
|
|
|
27 Oct 2022
|
Birlasoft
|
ICICI Securities Limited
|
373.60
|
284.00
|
274.10
(36.30%)
|
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
|
373.60
|
340.00
|
270.20
(38.27%)
|
Target met |
Buy
|
|
|
|
|
23 Oct 2022
|
Birlasoft
|
ICICI Direct
|
373.60
|
310.00
|
280.40
(33.24%)
|
Target met |
Hold
|
|
|
|
|
05 Aug 2022
|
Birlasoft
|
ICICI Securities Limited
|
373.60
|
333.00
|
350.15
(6.70%)
|
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
|
373.60
|
620.00
|
345.95
(7.99%)
|
|
Accumulate
|
|
|
|
|
04 Aug 2022
|
Birlasoft
|
Monarch Networth Capital Limited
|
373.60
|
435.00
|
336.00
(11.19%)
|
|
Buy
|
|
|
|
|
07 Jun 2022
|
Birlasoft
|
Monarch Networth Capital Limited
|
373.60
|
|
337.95
(10.55%)
|
|
Not Rated
|
|
|
|
|
25 May 2022
|
Birlasoft
|
ICICI Direct
|
373.60
|
440.00
|
343.25
(8.84%)
|
|
Buy
|
|
|
|
|
25 May 2022
|
Birlasoft
|
IDBI Capital
|
373.60
|
455.00
|
353.70
(5.63%)
|
|
Buy
|
|
|
|
|
30 Jan 2022
|
Birlasoft
|
ICICI Securities Limited
|
373.60
|
540.00
|
445.10
(-16.06%)
|
|
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....
|