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 ₹ 1,572 Cr.
- Current Price ₹ 708
- High / Low ₹ 811 / 374
- Stock P/E 18.4
- Book Value ₹ 79.1
- Dividend Yield 4.66 %
- ROCE 46.0 %
- ROE 44.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.1%
- Company has been maintaining a healthy dividend payout of 99.8%
Cons
- Stock is trading at 8.96 times its book value
- The company has delivered a poor sales growth of 6.31% 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
30 | 33 | 37 | 38 | 38 | 42 | 56 | 79 | 87 | 87 | 69 | 76 | 88 | |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | |
Operating Profit | 30 | 33 | 36 | 38 | 38 | 41 | 55 | 78 | 86 | 86 | 68 | 75 | 87 |
OPM % | 99% | 99% | 99% | 99% | 98% | 98% | 99% | 99% | 99% | 99% | 98% | 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 | 30 | 33 | 36 | 38 | 38 | 41 | 55 | 78 | 86 | 86 | 68 | 75 | 88 |
Tax % | 5% | 5% | 5% | 5% | 5% | 5% | 3% | 3% | 3% | 2% | 2% | 2% | |
28 | 31 | 34 | 36 | 36 | 39 | 54 | 76 | 84 | 85 | 67 | 73 | 85 | |
EPS in Rs | 12.81 | 14.02 | 15.49 | 16.08 | 16.05 | 17.48 | 24.17 | 34.20 | 37.65 | 38.12 | 30.01 | 33.08 | 38.48 |
Dividend Payout % | 78% | 78% | 77% | 78% | 78% | 97% | 99% | 99% | 100% | 100% | 100% | 100% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | -4% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | -4% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 15% |
1 Year: | 83% |
Return on Equity | |
---|---|
10 Years: | 44% |
5 Years: | 46% |
3 Years: | 44% |
Last Year: | 45% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 38 | 45 | 53 | 61 | 69 | 107 | 123 | 146 | 154 | 155 | 138 | 145 | 153 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
23 | 26 | 28 | 29 | 30 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 5 | |
Total Liabilities | 84 | 93 | 103 | 112 | 120 | 132 | 148 | 172 | 179 | 181 | 163 | 169 | 181 |
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 |
51 | 60 | 70 | 80 | 88 | 99 | 115 | 139 | 146 | 148 | 130 | 136 | 148 | |
Total Assets | 84 | 93 | 103 | 112 | 120 | 132 | 148 | 172 | 179 | 181 | 163 | 169 | 181 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 31 | 34 | 35 | 36 | 39 | 53 | 54 | 76 | 83 | 84 | 67 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
-19 | -22 | -24 | -26 | -27 | -28 | -37 | -53 | -75 | -83 | -84 | -67 | |
Net Cash Flow | 9 | 9 | 9 | 9 | 8 | 11 | 16 | 0 | 0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | -260 | -250 | -250 | -254 | 11 | 8 | -14 | -10 | 11 | 15 | -9 |
ROCE % | 52% | 51% | 51% | 48% | 43% | 37% | 40% | 50% | 50% | 49% | 40% | 46% |
Documents
Announcements
- Compliance Certificate In Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The FY Ended On 31St March, 2024 15 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Mar
- Closure of Trading Window 26 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Feb
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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]