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Birla Precision Technologies Share Price

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NSEBSE
Stock not traded

63.25-0.43 (-0.68%)

04:01 PM,12th Apr 2024

BSE : 522105

NSE :

Sector : Engineering

ISIN Code : INE372E01025

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Last Updated: Apr 12 2024 | 04:01 PM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

2

52-WK High

0.00

52-WK High Date

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52-WK Low

0.00

52-WK Low Date

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All Time High

0.00

All Time High Date

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All Time Low

0.00

All Time Low Date

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Birla Precision Technologies Ltd

Birla Precision Technologies Ltd was incorporated on October 13 1986 with the name Birla Erickson (Tools) Ltd. In December 1989 the name of the company was changed to Birla Kennametal Ltd. The company was established as the joint venture between Birla International Pvt Ltd a Yash Birla Group and Kennametal Inc USA. The company is engaged in the business of manufacturing of a wide range of precision AT3 Class tool holders HSK tooling Expanding Mandrels and Sleeves besides advanced products like hydro grip and shrink fit CMC tooling. The company is having their manufacturing facility located at Aurangabad.The company set up a manufacturing unit for producing Machine Tool Accessories at Aurangabad with a production capacity of 50000 Nos and in January 1989 the unit commenced commercial production. During the year 1998-99 the company increased the production capacity of Machine Tool Accessories by 50000 Nos to 100000 Nos.During the year 1999-2000 the company was appointed as Distributors for marketing entire range of Kennametal toolings in India. During the year 2000-01 the company developed new generation HSK tooling which has good potential market in Europe. During the year 2001-02 they were successfully re-certified for their quality standard and were awarded ISO 9001:02 Certification. During the year 2006-07 the company converted their existing Tool Holder and Work Holding manufacturing section into an 100% Export Oriented Unit with effect from June 1 2006. Shearson Investment & Trading Company Pvt Ltd a Yash Birla group company purchased 1420000 equity shares of the company from Kennametal Inc USA whereby the shareholding of the Yash Birla group in the company increased to 88.48%. As a consequence to this the joint venture agreement between Kennametal Inc and Birla International Pvt Ltd a company of Yash Birla Group came to an end. Also the company entered into an agreement with Kennametal Inc USA for supply of their products to Kennametal Inc and their subsidiaries worldwide for a period of 5 years starting July 4 2007 in order to ensure continuity of the existing export business.During the year 2007-08 the company expanded their production capacity of Rotating Tool Holder from 10000 Nos per month to 18000 Nos per month and Collets from 1000 Nos per month to 15000 Nos per month to meet the increasing demand of domestic market as well as of overseas market. In November 20 2007 the name of the company changed from Birla Kennametal Ltd to Birla Precision Technologies Ltd. During the year 2008-09 the company diversified into the new business of manufacturing / machining of auto and precision components at Aurangabad. Also Indian Tool Manufacturers a division of Zenith Birla (India) Ltd merged with the company with effect from April 1 2008.In FY 2009-10 the Scheme of Arrangement between the Company Zenith Birla (India) Limited Tungabhadra Holdings Private Limited and their respective shareholders was sanctioned by the Hon'ble High Court of Bombay on 8th January 2010. According to the Scheme the Tooling Business of Zenith Birla (India) Limited was demerged from Zenith Birla (India) Limited and merged with the Company and the said Scheme became effective from 11th February 2010. The Company in consideration for transfer of the Tooling Business of Zenith Birla (India) Limited allotted 16027996 equity shares of Rs. 2/- each to the shareholders of Zenith Birla (India) Limited in the ratio of 2 Equity share of the face value of Rs. 2/- each credited as fully paid up of the Company for every 5 Equity shares of the face value of Rs. 10/- each held in Zenith Birla (India) Limited.Similarly in FY 2011-12 the Scheme of Amalgamation between Birla AccuCast Limited (BAL) and Birla Machining & Toolings Limited (BMTL) with the Company and their respective shareholders was made effective from May 28 2012. The Amalgamation Committee of the Board of Directors has allotted 20623760 Equity Shares of Rs. 2/- each on July 20 2012 to the members of BAL and BMTL in the following ratios: BAL 7 Equity shares of the face value of Rs. 2/- each credited as fully paid up of the Company for every 16 Equity shares of the face value of Rs. 10/- each credited as fully paid up held in BAL. BMTL 2 Equity shares of the face value of Rs. 2/- each credited as fully paid up of the Company for every 3 Equity shares of the face value of Rs. 10/- each credited as fully paid up held in BMTL.The Company in 2017-18 launched and added in range of products new High Performance Taps & Drill under the Brand name Panther Torpedo Ninja & Hathyar.In FY 2021-22 the Company Incorporated 3 wholly owned Subsidiary Company's in the name and style of Birla Accucast Private Limited Birla Engineering Private Limited and a foreign subsidiary in the name and style of Birla Precision Technologies GmbH incorporated in Germany.

Birla Precision Technologies Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

412

EPS - TTM (₹) [S]

1.78

P/E Ratio (X) [S]

3.00

Face Value (₹) 2
Latest Dividend (%)2.50
Latest Dividend Date 29 Feb 2024
Dividend Yield (%) -
Book Value Share (₹) [S]21.06
P/B Ratio (₹) [S]3.00
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

62.45

64.10

Week Low/High

61.20

66.00

Month Low/High

52.96

66.00

Year Low/High

31.99

77.00

All time Low/High

1.86

125.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.36%%0.000.03%
1 Month7.92%%0.780.82%
3 Month20.68%%2.312.85%
6 Month25.82%%11.8013.77%
1 Year81.13%%22.9426.43%
3 Year556.80%%55.0557.36%

Company Info

Company Information

Chairman & Managing Director : VEDANT BIRLA

Independent Non Exe. Director : VIKAS THAPA

Independent Non Exe. Director : Tulsi Jayakumar

Independent Non Exe. Director : RAJI VISHWANATHAN

Director : Sanjay Kothari

Executive Director : Santosh Kumar

Company Sec. & Compli. Officer : Ishu Jain

Registered Office: 23 Birla Mansion No 2 1 Floor, DD Sathe Marg Prarthana Samaj,Mumbai,Maharashtra-400004 Ph: 022-23825060

Email:info@birlaprecision.com

URL:http://www.birlaprecision.com