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 ₹ 2,182 Cr.
- Current Price ₹ 98.3
- High / Low ₹ 108 / 38.6
- Stock P/E 12.7
- Book Value ₹ 55.0
- Dividend Yield 3.87 %
- ROCE 17.8 %
- ROE 14.4 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.87%.
- Company has been maintaining a healthy dividend payout of 63.9%
Cons
- The company has delivered a poor sales growth of 5.27% over past five years.
- Company has a low return on equity of 10.8% over last 3 years.
- Earnings include an other income of Rs.116 Cr.
* 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
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 | TTM | |
---|---|---|---|---|---|---|---|
1,817 | 1,573 | 1,563 | 2,074 | 2,335 | 2,348 | 2,394 | |
1,547 | 1,347 | 1,413 | 1,883 | 2,110 | 2,035 | 2,082 | |
Operating Profit | 270 | 226 | 150 | 191 | 225 | 313 | 313 |
OPM % | 15% | 14% | 10% | 9% | 10% | 13% | 13% |
58 | 59 | 79 | 65 | 81 | 109 | 116 | |
Interest | 7 | 15 | 12 | 14 | 18 | 22 | 22 |
Depreciation | 30 | 52 | 55 | 57 | 57 | 59 | 59 |
Profit before tax | 290 | 218 | 162 | 186 | 232 | 341 | 348 |
Tax % | 30% | 26% | 26% | 26% | 26% | 23% | |
202 | 161 | 121 | 137 | 172 | 264 | 271 | |
EPS in Rs | 5.79 | 4.76 | 3.59 | 3.97 | 5.00 | 7.57 | 7.77 |
Dividend Payout % | 59% | 79% | 106% | 75% | 66% | 50% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 15% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 28% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 18% |
3 Years: | 28% |
1 Year: | 123% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 1,052 | 1,081 | 1,076 | 1,094 | 1,090 | 1,199 |
81 | 122 | 125 | 122 | 121 | 113 | |
1,266 | 1,256 | 1,304 | 1,340 | 1,568 | 1,688 | |
Total Liabilities | 2,420 | 2,482 | 2,527 | 2,578 | 2,801 | 3,022 |
568 | 770 | 767 | 767 | 760 | 751 | |
CWIP | 117 | 24 | 32 | 11 | 28 | 52 |
Investments | 325 | 375 | 386 | 436 | 518 | 565 |
1,410 | 1,313 | 1,341 | 1,364 | 1,495 | 1,654 | |
Total Assets | 2,420 | 2,482 | 2,527 | 2,578 | 2,801 | 3,022 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
177 | 187 | 247 | 23 | 206 | 269 | |
-137 | -60 | -80 | 137 | -48 | -105 | |
-61 | -159 | -153 | -148 | -145 | -172 | |
Net Cash Flow | -21 | -32 | 14 | 12 | 13 | -9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 56 | 63 | 67 | 55 | 56 | 66 |
Inventory Days | 47 | 58 | 58 | 51 | 47 | 46 |
Days Payable | -0 | 88 | 99 | 68 | 69 | 74 |
Cash Conversion Cycle | 102 | 33 | 27 | 38 | 35 | 38 |
Working Capital Days | 42 | 51 | 32 | 51 | 42 | 42 |
ROCE % | 13% | 9% | 11% | 13% | 18% |
Documents
Announcements
- Disclosure Under Regulation 30 Of The SEBI(LODR) Regulations, 2015- Fine Imposed By BSE Limited On The Company For The Quarter Ended On 30Th June, 2024 22 Aug
-
Outcome Of Splitting Of Equity Shares Of The Company
20 Aug - Splitting of Equity Share of the Company has been executed. The details of same is enclosed herewith.
- Corporate Action-updates on Outcome of Sub division / Stock Split 20 Aug
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Aug
-
Announcement under Regulation 30 (LODR)-Meeting Updates
8 Aug - Amendment of the "Code of Conduct to Regulate, Monitor and Report Trading by Designated persons and Immediate Relative of Designated Persons" of the Company
Annual reports
-
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
-
Financial Year 2010
from bse
-
Financial Year 2009
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]