Balmer Lawrie & Company Ltd
Balmer Lawrie & Company Ltd 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. [1]
It is a central public-sector undertaking under the administrative control of Ministry of Petroleum and Natural Gas, GoI, since 1972.[2]
- Market Cap ₹ 3,675 Cr.
- Current Price ₹ 215
- High / Low ₹ 320 / 153
- Stock P/E 14.0
- Book Value ₹ 104
- Dividend Yield 3.96 %
- ROCE 15.6 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 4.00%.
- Company has been maintaining a healthy dividend payout of 70.3%
Cons
- Company has a low return on equity of 11.2% 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
Sector: Diversified Industry: Diversified - Large
Part of BSE Allcap BSE Industrials BSE SmallCap Nifty Total Market Nifty Microcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,013 | 3,120 | 3,254 | 1,591 | 1,702 | 1,720 | 1,772 | 1,532 | 1,526 | 2,051 | 2,312 | 2,328 | 2,438 | |
2,779 | 2,908 | 3,031 | 1,386 | 1,492 | 1,502 | 1,539 | 1,342 | 1,385 | 1,882 | 2,109 | 2,023 | 2,139 | |
Operating Profit | 234 | 212 | 223 | 205 | 211 | 219 | 233 | 189 | 141 | 169 | 202 | 305 | 299 |
OPM % | 8% | 7% | 7% | 13% | 12% | 13% | 13% | 12% | 9% | 8% | 9% | 13% | 12% |
55 | 70 | 64 | 63 | 56 | 51 | 51 | 51 | 49 | 37 | 37 | 51 | 52 | |
Interest | 23 | 24 | 23 | 5 | 5 | 4 | 7 | 15 | 12 | 14 | 18 | 22 | 22 |
Depreciation | 38 | 35 | 46 | 24 | 26 | 27 | 30 | 52 | 55 | 57 | 57 | 59 | 59 |
Profit before tax | 229 | 222 | 218 | 240 | 236 | 238 | 247 | 173 | 123 | 136 | 164 | 274 | 270 |
Tax % | 27% | 30% | 30% | 32% | 34% | 31% | 35% | 32% | 33% | 35% | 35% | 27% | |
167 | 156 | 152 | 164 | 155 | 165 | 197 | 155 | 115 | 134 | 168 | 257 | 263 | |
EPS in Rs | 9.79 | 9.09 | 8.89 | 9.58 | 9.05 | 9.66 | 11.65 | 9.43 | 7.04 | 8.05 | 10.05 | 15.29 | 15.60 |
Dividend Payout % | 30% | 27% | 34% | 35% | 52% | 69% | 63% | 80% | 85% | 81% | 75% | 56% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | 6% |
3 Years: | 15% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 31% |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 10% |
3 Years: | 21% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 16 | 28 | 28 | 28 | 114 | 114 | 114 | 171 | 171 | 171 | 171 | 171 | 171 |
Reserves | 847 | 953 | 1,015 | 1,210 | 1,247 | 1,342 | 1,406 | 1,383 | 1,371 | 1,416 | 1,510 | 1,650 | 1,613 |
196 | 175 | 197 | 0 | 0 | 15 | 81 | 120 | 125 | 122 | 121 | 113 | 124 | |
668 | 724 | 670 | 559 | 669 | 720 | 682 | 660 | 712 | 736 | 860 | 939 | 996 | |
Total Liabilities | 1,726 | 1,880 | 1,911 | 1,798 | 2,030 | 2,191 | 2,282 | 2,334 | 2,379 | 2,445 | 2,662 | 2,873 | 2,904 |
452 | 464 | 577 | 393 | 397 | 410 | 568 | 770 | 767 | 767 | 760 | 751 | 730 | |
CWIP | 12 | 77 | 12 | 11 | 63 | 138 | 117 | 24 | 32 | 11 | 28 | 52 | 64 |
Investments | 0 | 0 | 0 | 248 | 271 | 293 | 325 | 375 | 386 | 436 | 518 | 565 | 597 |
1,262 | 1,339 | 1,322 | 1,146 | 1,299 | 1,350 | 1,272 | 1,165 | 1,194 | 1,231 | 1,356 | 1,505 | 1,513 | |
Total Assets | 1,726 | 1,880 | 1,911 | 1,798 | 2,030 | 2,191 | 2,282 | 2,334 | 2,379 | 2,445 | 2,662 | 2,873 | 2,904 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
201 | 167 | 201 | 150 | 181 | 129 | 194 | 189 | 244 | 2 | 208 | 274 | |
-45 | -76 | -42 | -71 | -117 | -19 | -137 | -60 | -80 | 137 | -48 | -105 | |
-101 | -131 | -143 | -66 | -73 | -86 | -78 | -162 | -149 | -127 | -147 | -178 | |
Net Cash Flow | 55 | -40 | 16 | 13 | -9 | 24 | -21 | -34 | 15 | 12 | 12 | -9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 54 | 62 | 53 | 53 | 60 | 57 | 57 | 65 | 69 | 56 | 57 | 67 |
Inventory Days | 45 | 48 | 48 | 77 | 51 | 46 | 47 | 57 | 59 | 51 | 46 | 46 |
Days Payable | 48 | 53 | 44 | 144 | 104 | 108 | 96 | 88 | 100 | 69 | 68 | 74 |
Cash Conversion Cycle | 51 | 57 | 56 | -14 | 8 | -4 | 8 | 35 | 28 | 38 | 35 | 38 |
Working Capital Days | 24 | 31 | 33 | -9 | 30 | 40 | 44 | 52 | 33 | 51 | 41 | 43 |
ROCE % | 25% | 22% | 20% | 20% | 18% | 17% | 16% | 11% | 8% | 8% | 10% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Nov - Balmer Lawrie enters rail logistics with GATX agreement.
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Announcement under Regulation 30 (LODR)-Change in Directorate
8 Nov - Cessation of directorship of two independent directors.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 Nov - Balmer Lawrie announces second quarter results for 2024.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
5 Nov - Extension of additional charge for Director (Service Businesses).
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Announcement under Regulation 30 (LODR)-Meeting Updates
5 Nov - Approval of unaudited financial results for Q2 2024.
Annual reports
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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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Financial Year 2011
from bse
Business Units