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 ₹ 1,533 Cr.
- Current Price ₹ 69.1
- High / Low ₹ 95.8 / 62.3
- Stock P/E 8.89
- Book Value ₹ 61.2
- Dividend Yield 6.22 %
- ROCE 17.2 %
- ROE 13.2 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.13 times its book value
- Stock is providing a good dividend yield of 6.22%.
- 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 | 2,592 | |
| Interest | 7 | 15 | 12 | 14 | 18 | 22 | 27 | 30 |
| 1,547 | 1,347 | 1,413 | 1,883 | 2,110 | 2,024 | 2,193 | 2,251 | |
| Financing Profit | 263 | 211 | 138 | 178 | 207 | 327 | 326 | 311 |
| Financing Margin % | 14% | 13% | 9% | 9% | 9% | 14% | 13% | 12% |
| 58 | 59 | 79 | 65 | 81 | 52 | 85 | 110 | |
| Depreciation | 30 | 52 | 55 | 57 | 57 | 59 | 60 | 64 |
| Profit before tax | 290 | 218 | 162 | 186 | 232 | 319 | 350 | 357 |
| Tax % | 30% | 26% | 26% | 26% | 26% | 24% | 24% | |
| 202 | 161 | 121 | 137 | 172 | 242 | 267 | 268 | |
| EPS in Rs | 5.79 | 4.76 | 3.59 | 3.97 | 5.00 | 6.96 | 7.73 | 7.77 |
| Dividend Payout % | 59% | 79% | 106% | 75% | 66% | 55% | 56% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 7% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 25% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 25% |
| 1 Year: | -2% |
| 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% |
Insights
In beta| Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| CFS Export Cargo Throughput TEUs |
|
|||||||
| CFS Import Cargo Throughput TEUs |
||||||||
| Rail Siding Handling Capacity Rakes per day |
||||||||
| Railway Siding Throughput Rakes |
||||||||
| Warehouse Utilization (MMLH - Ambient) % |
||||||||
| Open Yard Capacity Utilization % |
||||||||
| Temperature Controlled Storage Utilization % |
||||||||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Date of payment of Dividend
16 Mar - Interim dividend Rs.2.03 per Re.1 share on 221,972,690 shares; record date 20 March 2026.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
16 Mar - Board recorded BSE-imposed fines for Listing Regulations non-compliance for quarter ended 31 December 2025; representation made.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
16 Mar - Declared interim dividend Rs.2.03 per Re.1 share; record date 20 March 2026; board met 16 March 2026.
- Corporate Action-Board approves Dividend 16 Mar
- Disclosure Under Regulation 30 & 42 Of SEBI (LODR) Regulations, 2015 (As Amended) ("Listing Regulations") - Fixation Of Record Date W.R.T Interim Dividend For FY 2025-26 16 Mar
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
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
Formation of Company[1]
As part of oil sector deregulation, the Government of India disinvested ~33.6% from IBP (Indo Burma Petrol) Co (from ~60% holding) and demerged IBP’s stake in Balmer Lawrie & Company Ltd to Balmer Lawrie Investments Ltd (incorporated in 2001). The President of India currently holds ~60% equity in the company, which operates under the Ministry of Petroleum & Natural Gas.