Balmer Lawrie & Company Ltd

Balmer Lawrie & Company Ltd

₹ 193 0.03%
14 Nov 1:51 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 3,293 Cr.
  • Current Price 193
  • High / Low 246 / 147
  • Stock P/E 12.4
  • Book Value 114
  • Dividend Yield 4.39 %
  • ROCE 14.8 %
  • ROE 14.0 %
  • Face Value 10.0

Pros

  • Stock is providing a good dividend yield of 4.42%.
  • Company has been maintaining a healthy dividend payout of 63.3%

Cons

  • The company has delivered a poor sales growth of 10.3% over past five years.
  • Company has a low return on equity of 12.8% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
551 514 608 592 586 585 577 638 639 630 608 681 635
513 464 556 528 511 511 485 574 569 546 514 597 568
Operating Profit 39 50 52 65 75 74 91 64 70 84 95 83 67
OPM % 7% 10% 9% 11% 13% 13% 16% 10% 11% 13% 16% 12% 11%
8 3 17 10 13 11 18 12 11 9 18 9 11
Interest 4 5 5 6 5 5 6 6 5 9 6 7 7
Depreciation 14 14 14 15 14 14 15 14 14 15 16 14 16
Profit before tax 29 34 51 54 69 64 88 56 62 68 90 71 55
Tax % 37% 29% 51% 22% 31% 24% 31% 20% 30% 29% 35% 27% 31%
34 35 43 56 63 66 73 63 61 62 74 67 55
EPS in Rs 2.05 2.11 2.61 3.35 3.73 3.90 4.31 3.73 3.66 3.77 4.39 4.03 3.31
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
3,120 3,254 1,591 1,702 1,720 1,772 1,532 1,526 2,051 2,312 2,328 2,505 2,555
2,908 3,031 1,386 1,492 1,502 1,539 1,342 1,385 1,882 2,109 2,023 2,192 2,226
Operating Profit 212 223 205 211 219 233 189 141 169 202 305 313 329
OPM % 7% 7% 13% 12% 13% 13% 12% 9% 8% 9% 13% 12% 13%
70 64 63 56 51 51 51 49 37 37 51 50 46
Interest 24 23 5 5 4 7 15 12 14 18 22 27 29
Depreciation 35 46 24 26 27 30 52 55 57 57 59 60 62
Profit before tax 222 218 240 236 238 247 173 123 136 164 274 276 285
Tax % 30% 30% 32% 34% 31% 35% 32% 33% 35% 35% 27% 29%
156 152 164 155 165 197 155 115 134 168 236 259 258
EPS in Rs 9.09 8.89 9.58 9.05 9.66 11.65 9.43 7.04 8.05 10.05 14.02 15.55 15.50
Dividend Payout % 27% 34% 35% 52% 69% 63% 80% 85% 81% 75% 61% 55%
Compounded Sales Growth
10 Years: -3%
5 Years: 10%
3 Years: 7%
TTM: 5%
Compounded Profit Growth
10 Years: 6%
5 Years: 10%
3 Years: 25%
TTM: -1%
Stock Price CAGR
10 Years: 8%
5 Years: 14%
3 Years: 20%
1 Year: -11%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 13%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 28 28 28 114 114 114 171 171 171 171 171 171 171
Reserves 953 1,015 1,210 1,247 1,342 1,406 1,383 1,371 1,416 1,510 1,650 1,798 1,773
175 197 0 0 15 81 120 125 122 121 113 106 237
724 670 559 669 720 682 660 712 736 860 939 966 1,049
Total Liabilities 1,880 1,911 1,798 2,030 2,191 2,282 2,334 2,379 2,445 2,662 2,873 3,040 3,230
464 577 393 397 410 568 770 767 767 760 751 737 789
CWIP 77 12 11 63 138 117 24 32 11 28 52 67 79
Investments 0 0 248 271 293 325 375 386 436 518 565 632 669
1,339 1,322 1,146 1,299 1,350 1,272 1,165 1,194 1,231 1,356 1,505 1,604 1,693
Total Assets 1,880 1,911 1,798 2,030 2,191 2,282 2,334 2,379 2,445 2,662 2,873 3,040 3,230

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
167 201 150 181 129 194 189 244 2 208 274 156
-76 -42 -71 -117 -19 -137 -60 -80 137 -48 -105 23
-131 -143 -66 -73 -86 -78 -162 -149 -127 -147 -178 -189
Net Cash Flow -40 16 13 -9 24 -21 -34 15 12 12 -9 -10

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 62 53 53 60 57 57 65 69 56 57 67 70
Inventory Days 48 48 77 51 46 47 57 59 51 46 66 67
Days Payable 53 44 144 104 108 96 88 100 69 68 108 104
Cash Conversion Cycle 57 56 -14 8 -4 8 35 28 38 35 25 33
Working Capital Days 23 23 -24 30 39 44 49 30 49 39 39 62
ROCE % 22% 20% 20% 18% 17% 16% 11% 8% 8% 10% 16% 15%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
1.31% 1.20% 1.95% 1.82% 2.12% 2.71% 3.07% 3.22% 3.58% 2.58% 2.34% 2.26%
2.50% 2.47% 2.45% 2.48% 2.21% 2.09% 1.93% 1.90% 1.89% 1.79% 1.79% 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%
96.16% 96.29% 95.56% 95.66% 95.63% 95.17% 94.98% 94.85% 94.50% 95.61% 95.84% 95.94%
No. of Shareholders 93,74091,60087,02787,34889,28993,4111,01,9121,06,1731,07,4451,11,4081,10,1441,11,490

* 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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