BirlaNu CEO, MD, chairman, board of directors and AGM
NSE: BIRLANUBSE: 509675Other Construction MaterialsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,257.00.
- Next results date: the board meets on 2 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹935 Cr1,425th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 12 May 2026
- 0.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.21%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 6 Aug 2026
- −9.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹39 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −12.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 6 Aug 2026
- −5.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 12 May 2026
- 0.77
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 9,73860.4% delivered
BirlaNu board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonChandrakant BirlaRelated to the promoter
- Managing director and CEOAkshat Seth
- Company Secretary and Compliance OfficerNidhi Bisaria
8 directors4 independent1 executive3 non-executive
- Chandrakant Birla · ChairpersonNon-executive · joined Feb 1980 · reappointed Jul 2024 · 4 listed boards · 1 committee seat, 1 as chair
- Akshat Seth · Managing director and CEOExecutive · joined Feb 2023 · 1 listed board · 1 committee seat
- Desh Deepak KhetrapalNon-executive · joined Oct 2013 · reappointed Jul 2025 · 2 listed boards · 1 as independent · 4 committee seats
- Amita BirlaNon-executive · joined Apr 2024 · reappointed Aug 2026 · 2 listed boards
- Arvind SahayIndependent · joined Feb 2019 · reappointed Feb 2024 · 90 months as independent · 3 listed boards · 2 as independent · 5 committee seats, 1 as chair
- Sunil Ramakant BhumralkarIndependent · joined Mar 2024 · 30 months as independent · 6 listed boards · 6 as independent · 10 committee seats, 5 as chair
- Nidhi Jagat KillawalaIndependent · joined Apr 2024 · 30 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 1 as chair
- Janat Ghanshyam ShahIndependent · joined May 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 6 Aug 20268 of 8 present4 independent · 85 days in between
- 12 May 20268 of 8 present4 independent
Audit Committee
Chair Sunil Ramakant Bhumralkar
Desh Deepak Khetrapal, Arvind Sahay, Nidhi Jagat Killawala, Janat Ghanshyam Shah
- 6 Aug 20265 of 5 present4 independent · 85 days in between
- 12 May 20264 of 5 present3 independent
Nomination and remuneration committee
Chair Arvind Sahay
Chandrakant Birla, Nidhi Jagat Killawala, Sunil Ramakant Bhumralkar
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Nidhi Jagat Killawala
Arvind Sahay, Sunil Ramakant Bhumralkar, Akshat Seth
No meeting listed in the filing.
Risk Management Committee
Chair Sunil Ramakant Bhumralkar
Desh Deepak Khetrapal, Arvind Sahay, Nidhi Jagat Killawala, Janat Ghanshyam Shah, Akshat Seth, Ajay Madhusudan Kapadia, Mukesh Kumar Agarwal
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Amita Birla
Desh Deepak Khetrapal, Sunil Ramakant Bhumralkar, Janat Ghanshyam Shah, Akshat Seth
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- BSR and Co, Chartered AccountantsPeer-review certificate valid to Apr 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
BirlaNu AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.BirlaNu dividend history
Annual general meeting, 6 Aug 2026
29,874 shareholders on the register on 30 Jul 2026; present: 2 promoters and 55 others; votes counted by Mohit Gurjar / P.S. Rao & Associates.The company's voting result (opens in a new tab)
- Adoption of Financial Statements (Standalone & Consolidated) for the financial year ended March 31, 2026.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 44.42% · promoters 100.00% · institutions 7.38% · other public 6.35%
- To confirm the declaration of Final Dividend of Rs.15 per share for the financial year 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 44.47% · promoters 100.00% · institutions 8.14% · other public 6.35%
- To re-appoint Ms. Amita Birla (DIN: 00837718), a director liable to retire by rotation.Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.41% · other public 0.72%
Turnout: all 44.47% · promoters 100.00% · institutions 8.14% · other public 6.35%
- To approve the remuneration of Mr. Akshat Seth, Managing Director & Chief Executive Officer for the financial year 2026-27.Special98.73% for1.27% against
Against: promoters 0.00% · institutions 94.05% · other public 0.73%
Turnout: all 44.47% · promoters 100.00% · institutions 8.14% · other public 6.35%
- To consider and approve grant of long term cash incentive to Ms. Avanti Birla, President Strategy, a related party of the Company.OrdinaryPromoters have an interest in it85.47% for14.53% against
Against: promoters 0.00% · institutions 94.05% · other public 0.85%
Turnout: all 3.90% · promoters 0.00% · institutions 8.14% · other public 6.35%
- To ratify the remuneration of the Cost Auditors for the financial year ending March 31, 2027.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 44.47% · promoters 100.00% · institutions 8.14% · other public 6.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 31 Jul 2025, 7 resolutions
32,280 shareholders on the register on 24 Jul 2025; present: 10 promoters and 51 others; votes counted by Mohit Gurjar / P.S. Rao & Associates.The company's voting result (opens in a new tab)
- Adoption of the audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 45.98% · promoters 100.00% · institutions 37.04% · other public 8.05%
- Declaration of final dividend at the rate of Rs 30/- (300%) per equity share of Rs. 10/- each for the financial year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 46.03% · promoters 100.00% · institutions 39.52% · other public 8.05%
- Re-appointment of Mr. Desh Deepak Khetrapal (DIN: 02362633), a director liable to retire by rotation.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.28% · other public 0.13%
Turnout: all 46.03% · promoters 100.00% · institutions 39.52% · other public 8.05%
- Appointment of M/s Ranjeet Pandey & Associates, Company Secretaries in Practice as the Secretarial Auditor of the Company for a term of 5 consecutive yearsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 46.03% · promoters 100.00% · institutions 39.52% · other public 8.05%
- Approval of the remuneration of Mr. Akshat Seth, Managing Director & Chief Executive Officer for the financial year 2025-26Special98.15% for1.85% against
Against: promoters 0.00% · institutions 99.43% · other public 0.08%
Turnout: all 46.03% · promoters 100.00% · institutions 39.52% · other public 8.05%
- Approval of amendments to the ‘HIL Limited Employee Stock Option Scheme 2019’Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 46.03% · promoters 100.00% · institutions 39.52% · other public 8.05%
- Ratification of the remuneration of the Cost Auditors for the financial year ending March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 46.03% · promoters 100.00% · institutions 39.52% · other public 8.05%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 31 Jul 2025, 1 fund house
- Adoption of the audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 20251 for0 against
- Declaration of final dividend at the rate of Rs 30/- (300%) per equity share of Rs. 10/- each for the financial year ended March 31, 20251 for0 against
- Re-appointment of Mr. Desh Deepak Khetrapal (DIN: 02362633), a director liable to retire by rotation.1 for0 against
- Appointment of M/s Ranjeet Pandey & Associates, Company Secretaries in Practice as the Secretarial Auditor of the Company for a term of 5 consecutive years1 for0 against
- Approval of the remuneration of Mr. Akshat Seth, Managing Director & Chief Executive Officer for the financial year 2025-261 for0 against
- Approval of amendments to the ‘HIL Limited Employee Stock Option Scheme 2019’1 for0 against
- Ratification of the remuneration of the Cost Auditors for the financial year ending March 31, 20261 for0 against
Mutual fund votes, meeting of 2 May 2024, 2 fund houses
Appointment of Mr. Sunil Ramakant Bhumralkar (DIN 00177658), as an Independent Director of the Company, not liable to retire by rotation, to hold office for a term of 5 (five) consecutive years commencing from March 18, 2024 up to March 17, 2029.MoreLess
2 for0 against- Appointment of Mrs. Amita Birla (DIN: 00837718) as a Non-executive Director of the Company, liable to retire by rotation.2 for0 against
Appointment of Mrs. Nidhi Jagat Killawala (DIN: 05182060) as an Independent Director of the Company, not liable to retire by rotation, to hold office for a term of 5 (five) consecutive years commencing from April 1, 2024 up to March 31, 2029.MoreLess
2 for0 againstRe-appointment of Dr. Arvind Sahay (DIN: 03218334) as an Independent Director of the Company, not be liable to retire by rotation, to hold office for a second term of 5 (five) consecutive years commencing from February 8, 2024 up to February 7, 2029.MoreLess
Against Groww Mutual Fund, Motilal Oswal Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merits of proposed appointee. Non-Compliance: Re-appointment is not in accordance with law, no prior shareholders’ approval obtained for re-appointment as an ID.
0 for2 againstTo grant Long Term Cash Incentive to Ms. Avanti Birla, President - Strategy of the Company and a relative of Mr. Chandrakant Birla, Chairman and Non-executive Director and Mrs. Amita Birla, Non-executive Director of the Company, for an amount of up to Rs. 1,39,00,730/- (Award Amount), assuming 100% performance level. The said Award Amount shall be payable in cash, in two tranches: (i) 40% of the Award Amount, at the end of the financial year (FY) 2023 - 24, based on the performance of the Company for the FY 2023 - 24; and (ii) 60% of the Award Amount, at the end of FY 2024 - 25 based on the performance of the Company for the FY 2024 - 25.MoreLess
Against Groww Mutual Fund, Motilal Oswal Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Excessive remuneration.
0 for2 against
5 earlier meetings
Mutual fund votes, meeting of 31 Jul 2023, 1 fund house
For increasing the remuneration of Ms. Avanti Birla, President – Strategy of the Company, a relative of Mr. Chandrakant Birla, Chairman and Non-executive Director of the Company, for the financial year 2023-24 to Rs.180.00 Lakhs per annum.MoreLess
1 for0 againstRatification of remuneration of Rs.8.00 Lakhs plus applicable taxes and out of pocket expenses payable to M/s. S. S. Zanwar & Associates, Cost Accountants in practice (Firm Registration No. 100283) to conduct the audit of the cost records of the company, for the financial year ending March 31, 2024.MoreLess
1 for0 against- To appoint a Director in place of Mr. Desh Deepak Khetrapal (DIN: 02362633), who retires by rotation and being eligible, offers himself for re-appointment.1 for0 against
To confirm the payment of Interim Dividend of Rs.20/- (i.e. 200%) per Equity Share of Rs.10/- each and to declare a Final Dividend of Rs.25/- (i.e. 250%) per Equity Share of Rs.10/- each for the financial year 2022-23.MoreLess
1 for0 againstTo receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
1 for0 against
Mutual fund votes, meeting of 29 Jul 2020, 1 fund house
- Adoption of Financial Statements (Standalone & Consolidated)1 for0 against
- Appointment of Mr. CK Birla (DIN: 00118473) as a Director liable to retire by rotation1 for0 against
- To confirm the payment of Interim Dividend and Declaration of Final Dividend1 for0 against
- To ratify the remuneration of the Cost Auditors for the financial year ending March 31, 20211 for0 against
Mutual fund votes, meeting of 3 Oct 2019, 2 fund houses
- Approval for “HIL Limited Employee Stock Option Scheme-2019” for the employees of the Company1 for0 against
- Approve HIL Employee Stock Option Scheme-2019 (ESOS-2019), under which options exercisable into not more than 0.15 mn equity shares will be issued1 for0 against
Mutual fund votes, meeting of 24 Jul 2019, 2 fund houses
- Adoption of Financial Statements (Standalone & Consolidated)2 for0 against
- Appointment of Mr. Desh Deepak Khetrapal (DIN: 02362633) as a Director liable to retire by rotation2 for0 against
- To appoint Dr. Arvind Sahay (DIN: 03218334) as an Independent Director of the Company2 for0 against
- To appoint Mr. V. V. Ranganathan (DIN: 00060917) as an Independent Director of the Company2 for0 against
- To confirm the payment of Interim Dividend and Declaration of Final Dividend2 for0 against
- To ratify the remuneration of the Cost Auditors for the financial year ending March 31, 20202 for0 against
- To reappoint Mrs. Gauri Rasgotra (DIN: 06862334) as an Independent Director of the Company2 for0 against
Mutual fund votes, meeting of 6 Aug 2018, 1 fund house
- Adoption of Financial Statements1 for0 against
- Appointment of Mr. CK Birla (DIN 00118473) as a Director liable to retire by Rotation1 for0 against
- Declaration of Dividend1 for0 against
- Take note of the term of appointment of Auditors1 for0 against
- To borrow funds upto Rs 1000 Crs, from time to time for the business of the Company as per the Section 180(1)(c) of the Companies Act, 20131 for0 against
- To create security on the properties/assets of the Company, both present and future, in favour of lenders as per Section 180(1)(a) of the Companies Act, 20131 for0 against
To make investments, or to give loans or to give guarantee(ies) or to provide security(ies) to other companies or body corporates upto Rs 1000 Crs as per provisions of Section 186(3) of the Companies Act, 2013MoreLess
1 for0 against- To ratify the remuneration of the Cost Auditors for the financial year ending March 31, 20191 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeOffice of the Joint Commissioner of State Tax, Patna Special CircleSince 17 Aug 2024There is no change in status from previous quarter reporting.
At the filing before: The Company received an order from the Office of the Joint Commissioner of State Tax, Patna Special Circle under Section 73(9) of the BGST/CGST Act 2017, read with Section 20 of the IGST Act 2017 with a demand of INR 685.93 lakhs. This order pertains to disallowance of claim of Input Tax Credit and suppression of purchase turnover arrived on assumption basis and levied tax liability at 18% on above issues specific to the state of Bihar for the financial year 2019-20. The tax liability is calculated by enhancing the taxable turnover and disallowance of claim of GST Credit for the said year. Following the receipt of the assessment order, the Company filed an appeal before Addl. Commissioner (Appeals), Patna on 15.11.2024 by depositing INR 36.78 lakh and attended hearings held in this regard. The Company further submitted additional grounds along with relevant supporting information to strengthen its contention. Order-In-Appeal was passed by Addl. Commissioner of State Tax (Appeals), Patna by partly allowing the claim of ITC for INR 13.39 lakh and partly disallowing claim of ISD Credit and levy of tax on enhancement of purchase turnover of INR 654.59 lakh. However, while passing the Order, Appellate Authority rejected the Company's position and confirmed the suppression of purchase turnover (which was arrived at on the assumption basis) along with other disallowances. Aggrieved by the Appellate order dated May 21, 2025, the Company has decided to challenge the said Appeal Order before GST Appellate Tribunal (GSTAT). During the quarter ended March 31, 2026, the Company deposited an additional 10% of the tax amount of INR 35.86 lakh as required for admission of the second-stage appeal before the GSTAT, Bihar. Based on the functioning of GSTAT Portal, the Company has completed the filing of 2nd stage appeal before Hon'ble GSTAT for the year 2019-20 on 30.06.2026 and is awaiting hearing notice.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.