Balmer Lawrie & Co. Ltd.

Balmer Lawrie & Co. Ltd.

BALMLAWRIENSE / BSEDiversifiedSmall Cap

₹155.45-₹0.95 (-0.6%)

Last close · Data as of Oct 30, 2026

Market cap
₹2,965 Cr
P/E
12.3x
EV / EBITDA
7.9x
Revenue
₹2,484 Cr
Net margin
8.8%
ROCE
17.4%

-23.2% over the last year

Balmer Lawrie & Co. Ltd. price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-3.6%
3M
-11.9%
6M
-17.3%
1Y
-23.2%
5Y
+21.5%

52-week range

Day change -₹0.95 (-0.6%) from ₹156 to ₹155 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in BALMLAWRIE, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Maintains healthy dividend payout of 71.0%

Concerns0

    Rule-based from financial data. Not advice.

    About the company

    Balmer Lawrie & Co. Ltd. engages in industrial packaging, greases and lubricants, chemicals, travel and vacations, logistic services and infrastructure, cold chain and refinery and oil field, businesses in India and internationally.

    Read moreShow less

    Balmer Lawrie & Co. Ltd. engages in industrial packaging, greases and lubricants, chemicals, travel and vacations, logistic services and infrastructure, cold chain and refinery and oil field, businesses in India and internationally. The company offers industrial packaging products, including plain steel, lacquer lined, composite, galvanized, internally painted, and necked in, and tall drums; automotive lubricants, such as gear, hydraulic, coolant, diesel engine, agriculture, two-wheeler, passenger car motor, transmission oils, and greases. It also provides chemicals comprising finishing chemicals, such as resin, protein binders, wax emulsion, pigments, auxiliaries, oil and wax, compact binders, and lacquers; wet end chemicals, including fatliquors, vegetable/modifies vegetable tanning agents, mineral training/syntans, replacement, resin syntans, advantages and modified aldehydes tanning agents, and filters and auxiliaries; and beam house chemicals. In addition, the company offers travel and vacation services, such as ticketing, holidays, and other travel services. Further, the company offers logistics infrastructure services comprising container freight stations, warehousing and distribution, multi modal logistics park, centralized warehouse AMTZ; chartering services, cold chain and solutions, custom brokers, project logistics, rail logistics, and express movement logistics. The company was founded in 1867 and is based in Kolkata, India. Balmer Lawrie & Co. Ltd. is a subsidiary of Balmer Lawrie Investments Limited.

    Sector
    Diversified
    Shares outstanding
    17.0 Cr shares
    ISIN
    INE164A01016
    BSE code
    523319

    Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

    Valuation

    Market cap
    ₹2,965 Cr
    P/E
    12.3x
    P/B
    2.0x
    EV / EBITDA
    7.9x
    EV / Sales
    1.2x
    P/S
    1.3x
    Earnings yield
    8.1%
    52-week high
    ₹203.45
    52-week low
    ₹149.15

    Profitability

    Operating margin
    11.1%
    Net margin
    8.8%
    EBITDA margin
    14.8%
    ROE
    14.2%
    ROCE
    17.4%
    ROA
    9.1%
    Dividend payout
    71.0%
    Tax rate
    27.0%
    Other income, % of PBT
    30.8%

    Growth

    Revenue
    ₹2,484 Cr
    Revenue growth, 1Y
    7.7%
    Revenue CAGR, 5Y
    8.6%
    EBITDA
    ₹341 Cr
    EBITDA growth, 1Y
    27.2%
    Net profit growth, 1Y
    14.8%
    Net profit CAGR, 5Y
    2.8%
    Cash from operations
    ₹217 Cr
    CFO growth, 1Y
    28.4%
    Free cash flow
    -₹10.0 Cr
    Asset growth, 1Y
    6.5%

    Solvency and efficiency

    Current ratio
    2.08
    Debt / Equity
    0.02
    Debt / Assets
    0.02
    Debt / EBITDA
    0.10
    Interest coverage
    18.21
    Financial leverage
    1.56
    CFO / Net profit
    1.07
    Cash / Market cap
    50.8%
    Cash per share
    ₹88.38
    Asset turnover
    1.03
    Fixed asset turnover
    3.95
    Capital intensity
    0.25
    Debtor days
    66 days
    Inventory turnover
    5.53
    Cash conversion cycle
    26 days

    Where the revenue went

    Of every ₹100 of FY2025 revenue, ₹9 was left as net profit.

    Balmer Lawrie & Co. Ltd. income statement flow, FY2025
    Balmer Lawrie & Co. Ltd. income statement flow, FY2025: flows
    FromToAmount
    SalesExpenses₹2,187 Cr
    SalesOperating profit₹297 Cr
    Operating profitInterest₹16 Cr
    Operating profitDepreciation₹50 Cr
    Operating profitProfit before tax₹231 Cr
    Other incomeProfit before tax₹83 Cr
    Profit before taxTax and other₹81 Cr
    Profit before taxNet profit₹233 Cr

    Revenue and net profit

    Revenue grew 7.7% in FY2025; net profit is the dashed line.

    Balmer Lawrie & Co. Ltd. revenue and net profit by fiscal year
    Balmer Lawrie & Co. Ltd. revenue and net profit by fiscal year
    DateRevenueNet profit
    FY2021₹1,519 Cr₹116 Cr
    FY2022₹2,038 Cr₹123 Cr
    FY2023₹2,300 Cr₹154 Cr
    FY2024₹2,307 Cr₹203 Cr
    FY2025₹2,484 Cr₹233 Cr

    Cash flows

    FY2025: ₹111 Cr from operations, ₹167 Cr free after investment (dashed).

    Balmer Lawrie & Co. Ltd. operating and free cash flow by fiscal year
    Balmer Lawrie & Co. Ltd. operating and free cash flow by fiscal year
    DateOperating cash flowFree cash flow
    FY2021₹217 Cr₹161 Cr
    FY2022-₹22 Cr₹136 Cr
    FY2023₹169 Cr₹147 Cr
    FY2024₹217 Cr₹148 Cr
    FY2025₹111 Cr₹167 Cr

    Growth

    Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

    Revenue
    ₹2,484 Cr+7.7%1Y
    Net profit
    ₹233 Cr+14.8%1Y
    Cash from operations
    ₹111 Cr
    Free cash flow
    ₹167 Cr+12.8%1Y
    Revenue CAGR, 5Y
    8.6%
    EBITDA CAGR, 5Y
    3.9%
    Net profit CAGR, 5Y
    2.8%
    YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
    FY2025₹2,484 Cr₹297 Cr—₹233 Cr₹111 Cr₹167 Cr15.2%+7.7%+14.8%

    Monthly returns

    Month-by-month returns of BALMLAWRIE across the years, with the seasonal pattern.

    Balance sheet

    What the company owns and owes at the end of FY2025.

    LineFY2025
    Liabilities and equity₹2,350 Cr
    Equity capital₹171 Cr
    Reserves₹1,357 Cr
    Borrowings₹30 Cr
    Other liabilities₹792 Cr
    Assets₹2,350 Cr
    Fixed assets₹582 Cr
    Capital work in progress₹67 Cr
    Investments₹91 Cr
    Other assets₹1,610 Cr

    Market cap against peers

    4 peers: same sector group, nearest by size.

    1. 3M India Ltd.₹39,236 Cr
    2. Balmer Lawrie & Co. Ltd. (this company)₹2,965 Cr

    P/E against peers

    BALMLAWRIE trades at 12.3x earnings against a peer median of 48.8x (a 75% discount).

    1. Balmer Lawrie & Co. Ltd. (this company)12.3x

    Peer comparison

    Same-sector peers by market cap, with the median.

    CompanyMarket capP/EP/BROEEV/EBITDA
    Balmer Lawrie & Co. Ltd.BALMLAWRIEthis companyP/E ↓ discount₹2,965 Cr12.3x2.0x14.2%7.9x
    Grasim Industries LtdGRASIM₹1.9 L Cr549.0x3.4x1.8%68.7x
    3M India Ltd.3MINDIA₹39,236 Cr70.8x24.5x27.2%46.2x
    Godrej Industries Ltd.GODREJIND₹33,634 Cr36559.0x19.0x-13.4%89.9x
    DCM Shriram LimitedDCMSHRIRAM₹18,374 Cr26.7x2.5x6.5%18.6x
    Peer median—48.8x3.4x6.5%46.2x

    Year-to-date ROI

    BALMLAWRIE since 1 January, against earlier years.

    Historical volatility

    BALMLAWRIE's day-to-day swings over 30, 60 and 180 days.

    Financial statements

    Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

    Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

    Operating margin by fiscal year

    Balmer Lawrie & Co. Ltd. operating margin by fiscal year
    Balmer Lawrie & Co. Ltd. operating margin by fiscal year
    DateOperating margin
    FY20219.0%
    FY20228.0%
    FY20238.0%
    FY202411.0%
    FY202512.0%
    LineFY2025
    RevenueSales₹2,484 Cr
    Costs
    Interest₹16 Cr
    Expenses₹2,187 Cr
    Profit before tax₹314 Cr

    Learn while you research

    Academy chapters picked for Balmer Lawrie & Co. Ltd. and the metrics on this page.

    1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
    2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
    3. 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
    4. 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
    5. 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
    6. 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
    Browse the full Equiscale Academy →