Balmer Lawrie & Company Ltd

Balmer Lawrie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Balmer Lawrie & Company Ltd

₹ 288 2.31%
08 May - close price
balmerlawrie.com BSE: 523319 NSE : BALMLAWRIE
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

Website BSE NSE
  • Market Cap ₹ 4,923 Cr.
  • Current Price ₹ 288
  • High / Low ₹ 294 / 123
  • Stock P/E 23.3
  • Book Value ₹ 77.7
  • Dividend Yield 2.61 %
  • ROCE 16.1 %
  • ROE 11.4 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 87.3%

Cons

  • Stock is trading at 3.71 times its book value
  • The company has delivered a poor sales growth of 5.96% over past five years.
  • Company has a low return on equity of 9.82% 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

Sector: Diversified Industry: Diversified - Large

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
388 497 483 485 502 572 645 548 511 606 589 581 579
365 408 448 455 468 510 586 512 463 554 525 508 509
Operating Profit 24 89 35 29 34 62 59 36 48 51 63 73 71
OPM % 6% 18% 7% 6% 7% 11% 9% 7% 9% 8% 11% 13% 12%
10 31 10 12 5 35 8 14 3 48 10 17 11
Interest 1 1 2 1 2 1 3 2 3 3 4 2 3
Depreciation 11 12 12 11 12 12 12 12 12 12 12 12 12
Profit before tax 21 106 31 30 25 84 53 37 37 85 57 76 67
Tax % 45% 23% 25% 25% 21% 32% 21% 29% 26% 30% 21% 28% 23%
12 82 23 22 20 58 42 26 27 59 45 55 51
EPS in Rs 0.69 4.82 1.35 1.31 1.15 3.37 2.43 1.53 1.60 3.44 2.65 3.24 3.00
Raw PDF
Upcoming result date: 24 May 2024

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
2,282 2,576 2,622 2,736 1,591 1,702 1,722 1,772 1,527 1,519 2,038 2,300 2,355
2,124 2,390 2,457 2,569 1,385 1,491 1,501 1,538 1,327 1,382 1,878 2,105 2,096
Operating Profit 157 186 165 167 206 211 221 234 200 137 160 195 259
OPM % 7% 7% 6% 6% 13% 12% 13% 13% 13% 9% 8% 8% 11%
53 59 80 75 63 73 71 79 82 71 62 73 86
Interest 5 4 6 5 5 5 4 6 8 5 6 10 12
Depreciation 15 17 20 26 24 26 27 27 42 46 47 47 47
Profit before tax 190 224 220 210 240 254 261 280 232 157 170 211 285
Tax % 27% 27% 29% 30% 32% 33% 29% 33% 24% 26% 28% 27%
138 163 157 147 164 170 185 188 177 116 123 154 211
EPS in Rs 8.08 9.53 9.15 8.61 9.60 9.97 10.81 11.02 10.36 6.81 7.18 9.00 12.33
Dividend Payout % 33% 31% 33% 35% 35% 47% 62% 67% 72% 88% 91% 83%
Compounded Sales Growth
10 Years: -1%
5 Years: 6%
3 Years: 15%
TTM: 3%
Compounded Profit Growth
10 Years: -1%
5 Years: -4%
3 Years: -5%
TTM: 38%
Stock Price CAGR
10 Years: 18%
5 Years: 21%
3 Years: 29%
1 Year: 132%
Return on Equity
10 Years: 14%
5 Years: 11%
3 Years: 10%
Last Year: 11%

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 16 16 28 28 28 114 114 114 171 171 171 171 171
Reserves 603 707 791 875 1,036 1,052 1,142 1,186 1,149 1,137 1,149 1,185 1,158
0 0 0 0 0 0 15 15 35 35 27 31 44
543 550 619 546 528 628 581 568 528 582 598 707 780
Total Liabilities 1,162 1,273 1,438 1,450 1,593 1,794 1,852 1,883 1,882 1,925 1,945 2,095 2,152
228 263 290 407 393 396 401 402 566 573 582 585 573
CWIP 6 9 74 4 7 23 13 117 24 32 11 28 43
Investments 45 55 57 57 58 87 138 140 130 130 130 130 130
883 945 1,017 981 1,134 1,286 1,299 1,225 1,162 1,190 1,222 1,353 1,407
Total Assets 1,162 1,273 1,438 1,450 1,593 1,794 1,852 1,883 1,882 1,925 1,945 2,095 2,152

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
100 126 100 107 132 172 109 175 171 217 -22 169
1 -17 -61 -29 -54 -108 16 -34 -26 -56 158 -22
-52 -55 -63 -64 -66 -73 -106 -144 -172 -146 -124 -134
Net Cash Flow 49 54 -24 14 12 -9 20 -4 -27 15 12 13

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 57 51 57 49 53 60 58 57 65 69 56 57
Inventory Days 69 67 74 67 77 51 46 47 57 59 51 46
Days Payable 161 119 138 112 144 104 109 96 86 100 69 68
Cash Conversion Cycle -35 -2 -7 3 -14 8 -6 8 36 29 38 35
Working Capital Days 6 6 9 13 41 32 51 44 53 33 51 43
ROCE % 34% 34% 29% 25% 25% 23% 22% 22% 18% 12% 13% 16%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
1.71% 1.73% 1.57% 1.63% 1.61% 1.62% 1.31% 1.20% 1.95% 1.82% 2.12% 2.71%
3.00% 2.52% 2.50% 2.50% 2.49% 2.50% 2.50% 2.47% 2.45% 2.48% 2.21% 2.09%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
95.27% 95.72% 95.91% 95.84% 95.87% 95.84% 96.16% 96.29% 95.56% 95.66% 95.63% 95.17%
No. of Shareholders 85,16789,50789,74197,91696,77596,64593,74091,60087,02787,34889,28993,411

* 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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