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 ₹ 1,867 Cr.
- Current Price ₹ 84.1
- High / Low ₹ 99.6 / 60.0
- Stock P/E 10.7
- Book Value ₹ 62.0
- Dividend Yield 5.11 %
- ROCE 17.2 %
- ROE 13.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 5.11%.
- 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.
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 | 2,569 | |
1,547 | 1,347 | 1,413 | 1,883 | 2,110 | 2,024 | 2,193 | 2,227 | |
Operating Profit | 270 | 226 | 150 | 191 | 225 | 349 | 352 | 342 |
OPM % | 15% | 14% | 10% | 9% | 10% | 15% | 14% | 13% |
58 | 59 | 79 | 65 | 81 | 52 | 85 | 109 | |
Interest | 7 | 15 | 12 | 14 | 18 | 22 | 27 | 27 |
Depreciation | 30 | 52 | 55 | 57 | 57 | 59 | 60 | 60 |
Profit before tax | 290 | 218 | 162 | 186 | 232 | 319 | 350 | 363 |
Tax % | 30% | 26% | 26% | 26% | 26% | 24% | 24% | |
202 | 161 | 121 | 137 | 172 | 242 | 267 | 271 | |
EPS in Rs | 5.79 | 4.76 | 3.59 | 3.97 | 5.00 | 6.96 | 7.73 | 7.88 |
Dividend Payout % | 59% | 79% | 106% | 75% | 66% | 55% | 56% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 7% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 25% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 19% |
3 Years: | 26% |
1 Year: | -15% |
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 | |
---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 1,052 | 1,081 | 1,076 | 1,094 | 1,117 | 1,199 | 1,354 |
81 | 122 | 125 | 122 | 121 | 113 | 106 | |
1,266 | 1,256 | 1,304 | 1,340 | 1,540 | 1,691 | 1,723 | |
Total Liabilities | 2,420 | 2,482 | 2,527 | 2,578 | 2,801 | 3,025 | 3,204 |
568 | 770 | 767 | 767 | 760 | 751 | 737 | |
CWIP | 117 | 24 | 32 | 11 | 28 | 52 | 67 |
Investments | 325 | 375 | 386 | 436 | 518 | 565 | 632 |
1,410 | 1,313 | 1,341 | 1,364 | 1,495 | 1,657 | 1,769 | |
Total Assets | 2,420 | 2,482 | 2,527 | 2,578 | 2,801 | 3,025 | 3,204 |
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 | |
---|---|---|---|---|---|---|---|
Debtor Days | 56 | 63 | 67 | 55 | 56 | 66 | 69 |
Inventory Days | 47 | 58 | 58 | 51 | 47 | 47 | 43 |
Days Payable | 0 | 88 | 99 | 68 | 69 | 75 | 66 |
Cash Conversion Cycle | 102 | 33 | 27 | 38 | 35 | 37 | 46 |
Working Capital Days | 42 | 51 | 32 | 51 | 41 | 42 | 62 |
ROCE % | 13% | 9% | 11% | 13% | 17% | 17% |
Documents
Announcements
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Disclosure Under Regulation 30 Read With Point 20(B) Of Para A Of Part A Of Schedule III Of SEBI(LODR), Regulations, 2015- Fines Imposed By BSE Limited On The Company For The Quarter Ended On 30Th June, 2025
30 Aug - BSE fined Balmer Lawrie Investments Rs11,92,980 for June-2025 quarter board composition non-compliance; company sought waiver.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Aug - Newspaper Publication regarding Notice of the 24th AGM and e-voting information, 100 days campaign, "Saksham Niveshak" and Special Window for re-lodgement of transfer requests of …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Aug - Newspaper Publication regarding Notice of the 24th AGM and E-voting information, 100 days campaign, ''Saksham Niveshak'' and Special window for re-lodgement of transfer requests of …
- Reg. 34 (1) Annual Report. 28 Aug
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Submission Of The Notice For The 24Th Annual General Meeting And Annual Report For The Financial Year 2024-25
27 Aug - AGM on 23 Sep 2025; dividend Rs4.30/share on 221,972,690 shares; adopt FY2024-25 accounts; auditor appointments.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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]