Balmer Lawrie & Company Ltd
Balmer Lawrie & Co. 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.
- Market Cap ₹ 2,369 Cr.
- Current Price ₹ 139
- High / Low ₹ 152 / 69.0
- Stock P/E 28.6
- Book Value ₹ 84.6
- Dividend Yield 5.41 %
- ROCE 11.5 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 5.41%.
- Company has been maintaining a healthy dividend payout of 70.50%
Cons
- The company has delivered a poor sales growth of -13.99% over past five years.
- Company has a low return on equity of 11.82% for last 3 years.
- Earnings include an other income of Rs.52.12 Cr.
Peer comparison
Sector: Diversified Industry: Diversified - Large
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
489 | 417 | 395 | 474 | 431 | 383 | 374 | 345 | 277 | 365 | 388 | |
432 | 377 | 349 | 390 | 387 | 349 | 327 | 282 | 279 | 337 | 364 | |
Operating Profit | 56 | 40 | 45 | 84 | 44 | 34 | 48 | 64 | -2 | 29 | 24 |
OPM % | 12% | 10% | 12% | 18% | 10% | 9% | 13% | 18% | -1% | 8% | 6% |
Other Income | 12 | 11 | 15 | 20 | 10 | 13 | 9 | 19 | 8 | 15 | 10 |
Interest | 1 | 1 | 2 | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 2 |
Depreciation | 7 | 7 | 7 | 10 | 11 | 10 | 11 | 19 | 13 | 13 | 14 |
Profit before tax | 60 | 43 | 52 | 91 | 40 | 34 | 41 | 59 | -11 | 27 | 18 |
Tax % | 35% | 38% | 34% | 33% | 43% | 20% | 22% | 38% | 12% | 29% | 55% |
Net Profit | 39 | 27 | 39 | 61 | 24 | 39 | 43 | 38 | -4 | 30 | 19 |
EPS in Rs | 2.27 | 1.57 | 2.29 | 3.57 | 1.42 | 2.28 | 2.52 | 2.22 | -0.23 | 1.73 | 1.13 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,962 | 1,958 | 2,384 | 2,669 | 3,013 | 3,120 | 3,254 | 1,591 | 1,702 | 1,720 | 1,772 | 1,532 | 1,376 | |
1,829 | 1,838 | 2,185 | 2,456 | 2,779 | 2,908 | 3,031 | 1,386 | 1,492 | 1,502 | 1,543 | 1,342 | 1,262 | |
Operating Profit | 133 | 120 | 199 | 213 | 234 | 212 | 223 | 205 | 211 | 219 | 229 | 190 | 114 |
OPM % | 7% | 6% | 8% | 8% | 8% | 7% | 7% | 13% | 12% | 13% | 13% | 12% | 8% |
Other Income | 72 | 91 | 44 | 47 | 55 | 70 | 64 | 63 | 56 | 51 | 55 | 51 | 52 |
Interest | 18 | 26 | 24 | 23 | 23 | 24 | 23 | 5 | 5 | 4 | 7 | 15 | 14 |
Depreciation | 23 | 31 | 31 | 35 | 38 | 35 | 46 | 24 | 26 | 27 | 30 | 52 | 60 |
Profit before tax | 164 | 153 | 188 | 202 | 229 | 222 | 218 | 240 | 236 | 238 | 247 | 173 | 93 |
Tax % | 33% | 22% | 32% | 27% | 27% | 30% | 30% | 32% | 34% | 31% | 35% | 32% | |
Net Profit | 108 | 120 | 128 | 148 | 167 | 156 | 152 | 164 | 155 | 165 | 199 | 161 | 83 |
EPS in Rs | 6.34 | 7.00 | 7.51 | 8.67 | 9.79 | 9.09 | 8.89 | 9.58 | 9.05 | 9.66 | 11.65 | 9.43 | 4.85 |
Dividend Payout % | 31% | 32% | 33% | 31% | 30% | 27% | 34% | 35% | 52% | 69% | 63% | 80% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -14% |
3 Years: | -3% |
TTM: | -17% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | 1% |
TTM: | -50% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | -2% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 16 | 16 | 16 | 16 | 28 | 28 | 28 | 114 | 114 | 114 | 171 | 171 | |
Reserves | 481 | 551 | 634 | 742 | 847 | 953 | 1,015 | 1,210 | 1,247 | 1,342 | 1,406 | 1,383 | 1,277 |
Borrowings | 154 | 219 | 205 | 210 | 196 | 175 | 197 | 0 | 0 | 15 | 81 | 122 | 117 |
633 | 577 | 633 | 657 | 668 | 724 | 670 | 559 | 669 | 720 | 682 | 660 | 688 | |
Total Liabilities | 1,284 | 1,363 | 1,489 | 1,625 | 1,726 | 1,880 | 1,911 | 1,798 | 2,030 | 2,191 | 2,282 | 2,335 | 2,253 |
319 | 366 | 373 | 415 | 452 | 464 | 577 | 393 | 397 | 410 | 568 | 770 | 745 | |
CWIP | 7 | 27 | 44 | 12 | 12 | 77 | 12 | 11 | 63 | 138 | 117 | 24 | 34 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 248 | 271 | 293 | 325 | 375 | 385 |
958 | 969 | 1,072 | 1,198 | 1,262 | 1,339 | 1,322 | 1,146 | 1,299 | 1,350 | 1,272 | 1,167 | 1,089 | |
Total Assets | 1,284 | 1,363 | 1,489 | 1,625 | 1,726 | 1,880 | 1,911 | 1,798 | 2,030 | 2,191 | 2,282 | 2,335 | 2,253 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
200 | 92 | 105 | 140 | 201 | 167 | 201 | 150 | 181 | 129 | 194 | 189 | |
-66 | -38 | -61 | -16 | -45 | -76 | -42 | -71 | -117 | -19 | -137 | -60 | |
-5 | -53 | -40 | -69 | -101 | -131 | -143 | -66 | -73 | -86 | -78 | -161 | |
Net Cash Flow | 130 | 1 | 3 | 56 | 55 | -40 | 16 | 13 | -9 | 24 | -21 | -32 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 31% | 25% | 26% | 25% | 25% | 22% | 20% | 20% | 18% | 17% | 16% | 11% |
Debtor Days | 55 | 59 | 60 | 60 | 54 | 62 | 53 | 53 | 60 | 57 | 57 | 65 |
Inventory Turnover | 2.81 | 2.82 | 7.37 | 7.35 | 8.22 | 8.18 | 7.95 | 2.68 | 8.16 | 7.66 | 8.17 | 6.61 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Change in Directorate 8 Feb
- Announcement under Regulation 30 (LODR)-Change in Directorate 8 Feb
- Announcement under Regulation 30 (LODR)-Meeting Updates 8 Feb
- Intimation Regarding Decision Of The Board Of Directors Not To Declare Interim Dividend For Financial Year 2020-21 8 Feb
- Disclosure Under Regulation 30 & 33 Of ('SEBI LODR')-Approval Of Unaudited Financial Results (Standalone And Consolidated) For The Third Quarter And Nine Months Ended 31St December, 2020 8 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse