Balmer Lawrie & Company Ltd

Balmer Lawrie & Company Ltd

₹ 216 -4.83%
16 May 12:37 p.m.
About

Balmer Lawrie & Company Ltd is engaged in the business of Industrial Packaging, Greases & Lubricants, Leather Chemicals, Logistic Services and Infrastructure, Refinery & Oil Field and Travel & Vacation Services in India. [1]

It is a central public-sector undertaking under the administrative control of Ministry of Petroleum and Natural Gas, GoI, since 1972.[2]

Key Points

Business Units

  • Market Cap 3,688 Cr.
  • Current Price 216
  • High / Low 320 / 147
  • Stock P/E 18.2
  • Book Value 89.4
  • Dividend Yield 3.93 %
  • ROCE 21.9 %
  • ROE 15.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 10.3% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
572 645 548 511 606 589 581 579 569 631 634 626 604
510 586 512 463 554 525 508 509 522 570 565 542 520
Operating Profit 62 59 36 48 51 63 73 71 47 61 69 83 83
OPM % 11% 9% 7% 9% 8% 11% 13% 12% 8% 10% 11% 13% 14%
35 8 14 3 48 10 17 11 47 12 15 9 47
Interest 1 3 2 3 3 4 2 3 4 4 3 5 4
Depreciation 12 12 12 12 12 12 12 12 13 12 12 13 14
Profit before tax 84 53 37 37 85 57 76 67 78 58 69 75 113
Tax % 32% 21% 29% 26% 30% 21% 28% 23% 34% 19% 28% 27% 28%
58 42 26 27 59 45 55 51 51 47 50 55 82
EPS in Rs 3.37 2.43 1.53 1.60 3.44 2.65 3.24 3.00 3.00 2.74 2.91 3.20 4.77
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,622 2,736 1,591 1,702 1,722 1,772 1,527 1,519 2,038 2,300 2,307 2,494
2,457 2,569 1,385 1,491 1,501 1,538 1,327 1,382 1,878 2,105 2,052 2,198
Operating Profit 165 167 206 211 221 234 200 137 160 195 255 297
OPM % 6% 6% 13% 12% 13% 13% 13% 9% 8% 8% 11% 12%
80 75 63 73 71 79 82 71 62 73 86 83
Interest 6 5 5 5 4 6 8 5 6 10 14 16
Depreciation 20 26 24 26 27 27 42 46 47 47 48 50
Profit before tax 220 210 240 254 261 280 232 157 170 211 279 314
Tax % 29% 30% 32% 33% 29% 33% 24% 26% 28% 27% 27% 26%
157 147 164 170 185 188 177 116 123 154 203 233
EPS in Rs 9.15 8.61 9.60 9.97 10.81 11.02 10.36 6.81 7.18 9.00 11.90 13.61
Dividend Payout % 33% 35% 35% 47% 62% 67% 72% 88% 91% 83% 71% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: 10%
3 Years: 7%
TTM: 8%
Compounded Profit Growth
10 Years: 5%
5 Years: 6%
3 Years: 25%
TTM: 15%
Stock Price CAGR
10 Years: 8%
5 Years: 16%
3 Years: 23%
1 Year: -28%
Return on Equity
10 Years: 13%
5 Years: 12%
3 Years: 14%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 28 28 28 114 114 114 171 171 171 171 171 171
Reserves 791 875 1,036 1,052 1,142 1,186 1,149 1,137 1,149 1,185 1,256 1,357
0 0 0 0 15 15 35 35 27 31 35 30
619 546 528 628 581 568 528 582 598 707 769 792
Total Liabilities 1,438 1,450 1,593 1,794 1,852 1,883 1,882 1,925 1,945 2,095 2,232 2,350
290 407 393 396 401 402 566 573 582 585 584 582
CWIP 74 4 7 23 13 117 24 32 11 28 52 67
Investments 57 57 58 87 138 140 130 130 130 130 90 91
1,017 981 1,134 1,286 1,299 1,225 1,162 1,190 1,222 1,353 1,506 1,610
Total Assets 1,438 1,450 1,593 1,794 1,852 1,883 1,882 1,925 1,945 2,095 2,232 2,350

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
100 107 132 172 109 175 171 217 -22 169 217 111
-61 -29 -54 -108 16 -34 -26 -56 158 -22 -69 56
-63 -64 -66 -73 -106 -144 -172 -146 -124 -134 -157 -177
Net Cash Flow -24 14 12 -9 20 -4 -27 15 12 13 -10 -10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 57 49 53 60 58 57 65 69 56 57 66 69
Inventory Days 74 67 77 51 46 47 57 59 51 46 46 43
Days Payable 138 112 144 104 109 96 86 100 69 68 74 65
Cash Conversion Cycle -7 3 -14 8 -6 8 36 29 38 35 39 47
Working Capital Days 9 13 41 32 51 44 53 33 51 43 46 67
ROCE % 29% 25% 25% 23% 22% 22% 18% 12% 13% 16% 20% 22%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
1.61% 1.62% 1.31% 1.20% 1.95% 1.82% 2.12% 2.71% 3.07% 3.22% 3.58% 2.58%
2.49% 2.50% 2.50% 2.47% 2.45% 2.48% 2.21% 2.09% 1.93% 1.90% 1.89% 1.79%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
95.87% 95.84% 96.16% 96.29% 95.56% 95.66% 95.63% 95.17% 94.98% 94.85% 94.50% 95.61%
No. of Shareholders 96,77596,64593,74091,60087,02787,34889,28993,4111,01,9121,06,1731,07,4451,11,408

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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