Balmer Lawrie Investment Ltd
Balmer Lawrie Investments Ltd is a Government Enterprise. It’s a major stakeholder of Balmer Lawrie & Co. Ltd. The company along with its subsidiaries is engaged in the business of Industrial Packaging, Greases & Lubricants, Leather Chemicals, etc. [1]
- Market Cap ₹ 1,637 Cr.
- Current Price ₹ 73.8
- High / Low ₹ 108 / 60.0
- Stock P/E 17.0
- Book Value ₹ 8.48
- Dividend Yield 5.13 %
- ROCE 50.8 %
- ROE 49.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 5.08%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.7%
- Company has been maintaining a healthy dividend payout of 99.4%
Cons
- Stock is trading at 8.75 times its book value
- The company has delivered a poor sales growth of 2.35% over past five years.
- Tax rate seems low
* 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.
Peer comparison
Sector: Finance Industry: Finance & Investments
Part of BSE CPSE BSE Allcap BSE Financial Services BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
33 | 37 | 38 | 38 | 42 | 56 | 79 | 87 | 87 | 69 | 76 | 89 | 101 | |
0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | |
Operating Profit | 33 | 36 | 38 | 38 | 41 | 55 | 78 | 86 | 86 | 68 | 75 | 88 | 100 |
OPM % | 99% | 99% | 99% | 98% | 98% | 99% | 99% | 99% | 99% | 98% | 99% | 99% | 99% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 33 | 36 | 38 | 38 | 41 | 55 | 78 | 86 | 86 | 68 | 75 | 88 | 100 |
Tax % | 5% | 5% | 5% | 5% | 5% | 3% | 3% | 3% | 2% | 2% | 2% | 2% | |
31 | 34 | 36 | 36 | 39 | 54 | 76 | 84 | 85 | 67 | 73 | 86 | 97 | |
EPS in Rs | 1.40 | 1.55 | 1.61 | 1.60 | 1.75 | 2.42 | 3.42 | 3.76 | 3.81 | 3.00 | 3.31 | 3.86 | 4.37 |
Dividend Payout % | 78% | 77% | 78% | 78% | 97% | 99% | 99% | 100% | 100% | 100% | 100% | 99% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 2% |
3 Years: | 1% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 2% |
3 Years: | 0% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 20% |
3 Years: | 27% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | 44% |
5 Years: | 46% |
3 Years: | 45% |
Last Year: | 50% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 45 | 53 | 61 | 69 | 107 | 123 | 146 | 154 | 155 | 138 | 145 | 157 | 166 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
26 | 28 | 29 | 30 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 6 | |
Total Liabilities | 93 | 103 | 112 | 120 | 132 | 148 | 172 | 179 | 181 | 163 | 169 | 182 | 194 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
60 | 70 | 80 | 88 | 99 | 115 | 139 | 146 | 148 | 130 | 136 | 149 | 161 | |
Total Assets | 93 | 103 | 112 | 120 | 132 | 148 | 172 | 179 | 181 | 163 | 169 | 182 | 194 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 34 | 35 | 36 | 39 | 53 | 54 | 76 | 83 | 84 | 67 | 74 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
-22 | -24 | -26 | -27 | -28 | -37 | -53 | -75 | -83 | -84 | -67 | -73 | |
Net Cash Flow | 9 | 9 | 9 | 8 | 11 | 16 | 0 | 0 | -0 | 0 | 0 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | -260 | -250 | -250 | -254 | 11 | 8 | -14 | -10 | 11 | 15 | -9 | -7 |
ROCE % | 51% | 51% | 48% | 43% | 37% | 40% | 50% | 50% | 49% | 40% | 46% | 51% |
Documents
Announcements
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Closure of Trading Window
30 Apr - Board meeting on May 21 to consider FY25 results, dividend, and capital restructuring options.
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Board Meeting Intimation for Intimation Of Board Meeting Dated 21St May, 2025 For Consideration Of Audited Financial Results For The Fourth Quarter And Financial Year Ended On 31St March, 2025 Along With Other Matters.
30 Apr - Board meeting on 21 May to consider FY25 results, dividend, and capital restructuring options.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - Certificate for dematerialization of securities for quarter ended 31 March 2025.
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Announcement under Regulation 30 (LODR)-Meeting Updates
27 Mar - Board comments on fines imposed for non-compliance.
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Announcement under Regulation 30 (LODR)-Meeting Updates
27 Mar - Appointment of new Secretarial Auditor for compliance.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Revenue Breakup
In FY21, dividend income from non-current investments accounted for ~91% of revenues and interest income from FDs accounted for the rest ~9% of revenues on standalone basis.[1]