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 ₹ 1,584 Cr.
- Current Price ₹ 71.4
- High / Low ₹ 95.8 / 60.0
- Stock P/E 9.24
- Book Value ₹ 61.2
- Dividend Yield 6.02 %
- ROCE 17.2 %
- ROE 13.2 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.17 times its book value
- Stock is providing a good dividend yield of 6.02%.
- Company has been maintaining a healthy dividend payout of 58.8%
Cons
- The company has delivered a poor sales growth of 10.1% over past five years.
- Company has a low return on equity of 12.1% over last 3 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.
Peer comparison
Financial Services Financial Services Finance Non Banking Financial Company (NBFC)
Part of BSE CPSE BSE Allcap BSE Financial Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 1,817 | 1,573 | 1,563 | 2,074 | 2,335 | 2,373 | 2,545 | 2,566 | |
| Interest | 7 | 15 | 12 | 14 | 18 | 22 | 27 | 29 |
| 1,547 | 1,347 | 1,413 | 1,883 | 2,110 | 2,024 | 2,193 | 2,227 | |
| Financing Profit | 263 | 211 | 138 | 178 | 207 | 327 | 326 | 310 |
| Financing Margin % | 14% | 13% | 9% | 9% | 9% | 14% | 13% | 12% |
| 58 | 59 | 79 | 65 | 81 | 52 | 85 | 107 | |
| Depreciation | 30 | 52 | 55 | 57 | 57 | 59 | 60 | 62 |
| Profit before tax | 290 | 218 | 162 | 186 | 232 | 319 | 350 | 356 |
| Tax % | 30% | 26% | 26% | 26% | 26% | 24% | 24% | |
| 202 | 161 | 121 | 137 | 172 | 242 | 267 | 265 | |
| EPS in Rs | 5.79 | 4.76 | 3.59 | 3.97 | 5.00 | 6.96 | 7.73 | 7.72 |
| Dividend Payout % | 59% | 79% | 106% | 75% | 66% | 55% | 56% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 7% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 25% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 12% |
| 3 Years: | 25% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 12% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 1,052 | 1,081 | 1,076 | 1,094 | 1,117 | 1,199 | 1,354 | 1,337 |
| Borrowing | 81 | 122 | 125 | 122 | 121 | 113 | 106 | 237 |
| 1,266 | 1,256 | 1,304 | 1,340 | 1,540 | 1,691 | 1,723 | 1,797 | |
| Total Liabilities | 2,420 | 2,482 | 2,527 | 2,578 | 2,801 | 3,025 | 3,204 | 3,393 |
| 568 | 770 | 767 | 767 | 760 | 751 | 737 | 789 | |
| CWIP | 117 | 24 | 32 | 11 | 28 | 52 | 67 | 79 |
| Investments | 325 | 375 | 386 | 436 | 518 | 565 | 632 | 669 |
| 1,410 | 1,313 | 1,341 | 1,364 | 1,495 | 1,657 | 1,769 | 1,855 | |
| Total Assets | 2,420 | 2,482 | 2,527 | 2,578 | 2,801 | 3,025 | 3,204 | 3,393 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 177 | 187 | 247 | 23 | 206 | 280 | 164 | |
| -137 | -60 | -80 | 137 | -48 | -117 | 9 | |
| -61 | -159 | -153 | -148 | -145 | -172 | -183 | |
| Net Cash Flow | -21 | -32 | 14 | 12 | 13 | -9 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| ROE % | 12% | 10% | 7% | 8% | 10% | 13% | 13% |
Documents
Announcements
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Board Meeting Intimation for Intimation Of Board Meeting Inter-Alia, For:
(A) Consideration Of Unaudited Financial Results (Both Standalone And Consolidated) For The Third Quarter And Nine Months Ended On 31St December, 2025;
(B) Closure Of Trading Window
27 Jan - Board meeting on 13 Feb 2026 to approve Q3/9M Dec 31, 2025 unaudited results; trading window closed.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jan - Regulation 74(5) certificate confirming dematerialisation processing for quarter ended 31 Dec 2025.
- Closure of Trading Window 24 Dec 2025
-
Fines Imposed By BSE Limited On The Company For The Quarter Ended On 30Th September, 2025
28 Nov 2025 - BSE fined Balmer Lawrie Investments Rs.9,88,840 on Nov 28, 2025 for board composition non-compliance.
-
Announcement Under Regulation 30- Comments Of Board On Imposition Of Fine By BSE Ltd. On The Company
11 Nov 2025 - BSE fines for listing-regulation breaches for quarter ended 30 June 2025; Board sought waiver.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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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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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]