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 ₹ 1,710 Cr.
- Current Price ₹ 77.0
- High / Low ₹ 108 / 42.5
- Stock P/E 17.6
- Book Value ₹ 8.48
- Dividend Yield 4.93 %
- ROCE 50.8 %
- ROE 49.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 4.93%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.7%
- Company has been maintaining a healthy dividend payout of 99.4%
Cons
- Stock is trading at 9.08 times its book value
- The company has delivered a poor sales growth of 2.35% 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
Part of BSE Allcap BSE CPSE BSE Financial Services BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
33 | 37 | 38 | 38 | 42 | 56 | 79 | 87 | 87 | 69 | 76 | 89 | 101 | |
0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | |
Operating Profit | 33 | 36 | 38 | 38 | 41 | 55 | 78 | 86 | 86 | 68 | 75 | 88 | 99 |
OPM % | 99% | 99% | 99% | 98% | 98% | 99% | 99% | 99% | 99% | 98% | 99% | 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 | 33 | 36 | 38 | 38 | 41 | 55 | 78 | 86 | 86 | 68 | 75 | 88 | 100 |
Tax % | 5% | 5% | 5% | 5% | 5% | 3% | 3% | 3% | 2% | 2% | 2% | 2% | |
31 | 34 | 36 | 36 | 39 | 54 | 76 | 84 | 85 | 67 | 73 | 86 | 97 | |
EPS in Rs | 1.40 | 1.55 | 1.61 | 1.60 | 1.75 | 2.42 | 3.42 | 3.76 | 3.81 | 3.00 | 3.31 | 3.86 | 4.37 |
Dividend Payout % | 78% | 77% | 78% | 78% | 97% | 99% | 99% | 100% | 100% | 100% | 100% | 99% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 2% |
3 Years: | 1% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 2% |
3 Years: | 0% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 14% |
3 Years: | 23% |
1 Year: | 78% |
Return on Equity | |
---|---|
10 Years: | 44% |
5 Years: | 46% |
3 Years: | 45% |
Last Year: | 50% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 45 | 53 | 61 | 69 | 107 | 123 | 146 | 154 | 155 | 138 | 145 | 157 | 166 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
26 | 28 | 29 | 30 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 6 | |
Total Liabilities | 93 | 103 | 112 | 120 | 132 | 148 | 172 | 179 | 181 | 163 | 169 | 182 | 194 |
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 |
60 | 70 | 80 | 88 | 99 | 115 | 139 | 146 | 148 | 130 | 136 | 149 | 161 | |
Total Assets | 93 | 103 | 112 | 120 | 132 | 148 | 172 | 179 | 181 | 163 | 169 | 182 | 194 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 34 | 35 | 36 | 39 | 53 | 54 | 76 | 83 | 84 | 67 | 74 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
-22 | -24 | -26 | -27 | -28 | -37 | -53 | -75 | -83 | -84 | -67 | -73 | |
Net Cash Flow | 9 | 9 | 9 | 8 | 11 | 16 | 0 | 0 | -0 | 0 | 0 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | -250 | -250 | -254 | 11 | 8 | -14 | -10 | 11 | 15 | -9 | -7 |
ROCE % | 51% | 51% | 48% | 43% | 37% | 40% | 50% | 50% | 49% | 40% | 46% | 51% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Meeting Updates
2d - Amendment of Code of Conduct for Directors and Management.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
2d - Board comments on BSE fines for non-compliance.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
2d - Approval of unaudited financial results for Q2 2024.
- Financial Results For The Quarter And Half Year Ended On 30Th September, 2024 Along With The Limited Review Report 2d
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 12Th November, 2024
2d - Approval of unaudited financial results for Q2 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
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]