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Prices as of 9 Oct 2026 close · Not investment advice

Balmer Lawrie & Company Limited

NSE: BALMLAWRIEDiversified

Share price

₹156.98

+0.58% close of 9 Oct 2026

Market cap ₹2,684 CrP/E 9.6

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

54

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,684 Cr

P/E ratio

9.6

P/B ratio

1.3

ROCE

14.6%

ROE

13.7%

Dividend yield

5.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹205.9252-week low ₹149.08

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 8.9% over the past year, and 2.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 8.6% to 13.1% over the last four years.

Whether it grew faster than its sector

It grew 2.0% a year against a sector median of 8.6% — 6.6 percentage points slower.

Room to re-rate, or risk of de-rating

At 9.6× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 19.2×, across 5 companies. It is against its own five-year median of 14.2×, the 0th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.6 times its growth rate, on earnings growth of 17%.

Profit growthPrice per ₹1 profitPer 1% growth
Balmer Lawrie & Company Limited — this one17%/yr9.6×₹0.56
3M India Limited9%/yr57.5×₹6.4
Godrej Industries Limited5%/yr27.9×₹5.6
DCM Shriram Limited-1%/yr10.8×—
TTK Healthcare Limited-52%/yr19.2×—
Empire Industries Limited15%/yr10.8×₹0.72

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Diversified), it ranks 3 of 7 on returns, 7 of 7 on growth, 2 of 7 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 14.6% on capital, ahead of 57% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹929 crore of cash from the business, spent ₹249 crore on plant and equipment, and returned ₹900 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 102 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 49 days for its cash to waiting 59 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 1 Aug 2026 · Consolidated

Revenue

₹749 Cr

Revenue vs last year

+9.9%

Revenue vs last quarter

+0.6%

Net profit

₹71 Cr

Profit vs last year

+5.9%

Profit vs last quarter

-14.5%

Net margin

9.5%

EPS

₹4.18

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,684 Cr
Prev close
₹156.98
52w High
₹208
52w Low
₹148
Enterprise value
₹2,451 Cr
Beta
1.1
Price CAGR 1y
-23.0%
Price CAGR 3y
3.0%
Price CAGR 5y
4.0%
Price CAGR 10y
3.0%

Ratios

Return on assets
8.1%
PEG ratio
0.6
P/E ratio
9.6
P/B ratio
1.3
EV / EBITDA
6.7
Industry P/E
13.4
ROCE
14.6%
ROCE 5y average
12.8%
ROE
13.7%
Debt / Equity
0.1
Interest coverage
9.7
Dividend yield
5.3%
ROE 3y average
14.0%
ROE last year
14.0%

Annual P&L

Annual revenue
₹2,706 Cr
Annual profit
₹270 Cr
Operating margin
13.0%
Net profit margin
10.0%
EBITDA margin
13.0%
Sales growth 3y
5.4%
Sales growth 5y
12.1%
Profit growth 3y
17.0%
Profit growth 5y
18.0%
EPS
₹16.2
Sales growth TTM
9.0%
Profit growth TTM
3.0%
Dividend payout
53.0%

Quarter P&L

Sales latest quarter
₹749 Cr
Profit latest quarter
₹71 Cr
YoY quarterly sales growth
10.0%
YoY quarterly profit growth
6.0%
OPM latest quarter
13.3%

Balance Sheet

Book Value
₹121
Face Value
₹10.0
Total debt
₹220 Cr
Total cash
₹453 Cr
Borrowings
₹220 Cr
Reserves / Equity
11.1

Cash Flow

Operating cash flow
₹289 Cr
Free cash flow
₹226 Cr
FCF yield
7.2%
Net cash flow
-₹7 Cr

Shareholding

Promoter holding
0.0%
FII holding
2.4%
DII holding
1.8%
Public holding
95.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
3M India30,825.0078.734,6950.52233.1-0.41,423.219.050.0
Godrej Industrie1,029.0028.834,6190.00523.4-18.65,448.122.28.2
DCM Shriram969.3011.015,1131.16693.4445.43,564.29.311.5
Balmer Lawrie158.889.82,7245.3570.93.6748.710.014.6
TTK Healthcare1,046.6019.21,4740.9621.363.7257.613.88.0
Empire Inds.1,032.9011.06182.4214.247.3183.610.117.9
Maheshwari Logi.71.2013.82110.003.3-25.8234.9-8.412.0
Median1,029.0013.82,7240.9670.93.6748.710.112.0

Competes with: 3M India Limited, DCM Shriram Limited, Dhunseri Ventures Limited, Empire Industries Limited, Godrej Industries Limited, Maheshwari Logistics Limited, TTK Healthcare Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales592586585577638639630608681635657744749
Expenses528511511485574569546514597568571630649
Material Cost365443405421476495
Change in Inventories-5.19-4.012.46-3.698.46-16
Purchases of Stock-in-Trade198.775.836.133.994.38
Employee Cost727166666470
Other Expenses637988827895
Operating Profit6575749164708495836786114100
OPM %11131316101113161211131513
Other Income10131118121191891172011
Exceptional items (within Other Income)000000
Interest6556659677101013
Depreciation15141415141415161416182820
Profit before tax54696488566268907155659578
Tax %22312431203029352731283228
Net Profit56636673636162746755658371
EPS in Rs3.353.733.904.313.733.663.774.394.033.313.894.944.18
Diluted EPS in Rs4.394.033.313.894.954.18

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,2541,5911,7021,7201,7721,5321,5262,0512,3122,3392,5162,7172,785
Expenses3,0311,3861,4921,5021,5391,3421,3851,8822,1092,0232,1922,3562,418
Material Cost1,6021,744
Change in Inventories-1.813.21
Purchases of Stock-in-Trade5625
Employee Cost256267
Other Expenses291327
Operating Profit223205211219233189141169202305313351367
OPM %7131213131298913121313
Other Income64635651515149373751504648
Exceptional items (within Other Income)00
Interest2355471512141822273340
Depreciation46242627305255575759607681
Profit before tax218240236238247173123136164274276288294
Tax %303234313532333535272930
Net Profit152164155165197155115134168236259270274
EPS in Rs8.899.589.059.66129.437.048.051014161616
Diluted EPS in Rs1616
Dividend Payout %343552696380858175615553

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
5%
5 years
12%
3 years
5%
TTM
9%

Compounded profit growth

10 years
5%
5 years
18%
3 years
17%
TTM
3%

Stock price CAGR

10 years
3%
5 years
4%
3 years
3%
1 year
-23%

Return on equity

10 years
12%
5 years
12%
3 years
14%
Last year
14%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2828114114114171171171171171171171
Reserves1,0151,2101,2471,3421,4061,3831,3711,4161,5101,6501,7981,898
Borrowings197001581120125122121113106220
Other Liabilities6705596697206826607127368609399661,061
Minority Interest2014
Total Liabilities1,9111,7982,0302,1912,2822,3342,3792,4452,6622,8733,0403,349
Fixed Assets577393397410568770767767760751737883
CWIP12116313811724321128526734
Investments0248271293325375386436518565632730
Other Assets1,3221,1461,2991,3501,2721,1651,1941,2311,3561,5051,6041,702
Total Assets1,9111,7982,0302,1912,2822,3342,3792,4452,6622,8733,0403,349

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2011501811291941892442208274156289
Cash from Investing Activity-42-71-117-19-137-60-80137-48-10523-38
Cash from Financing Activity-143-66-73-86-78-162-149-127-147-178-189-259
Net Cash Flow1613-924-21-34151212-9-10-7
Free Cash Flow11011110326-1140200-1615822290226

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days535360575765695657677072
Inventory Days487751464757595146666757
Days Payable4414410410896881006968108104118
Cash Conversion Cycle56-148-4835283835253312
Working Capital Days23-2430394449304939396259
ROCE %2020181716118810161515

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters00
FIIs1.822.122.713.073.223.582.582.342.262.162.222.38
DIIs2.482.212.091.931.901.891.791.791.791.791.791.79
Government0.020.020.020.020.020.020.020.020.020.020.020.02
Public969695959595969696969696
No. of Shareholders87,34889,28993,4111,01,9121,06,1731,07,4451,11,4081,10,1441,11,4901,09,2291,09,4201,08,631

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -23.8% (₹205.92 → ₹156.98)Brick size ₹4.09 (fixed)Bricks 38
₹180₹200₹157Nov '25Jan '26Mar '26May '26Jul '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹156.98 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-233inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

3,25,21,380inr

2026-03-31

News

News and filings about Balmer Lawrie & Company Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • base oil (greases & lubricants)
  • cold-rolled / mild steel coils (MS drums)
  • leather chemicals feedstock (fatliquors, syntans)

Depends on the price of

  • Crude Oil Brent
  • steel

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Diversified
Industry
Diversified
Classification
Diversified › Diversified
ISIN
INE164A01016

Business segments

  • Industrial Packaging · 30%
  • Greases & Lubricants · 23%
  • Logistics Services · 20%
  • Travel & Vacations · 13%
  • Logistics Infrastructure · 10%
  • Others · 4%

Plants

  • Balmer Lawrie Chennai greases plant
  • Balmer Lawrie Kolkata greases plant
  • Balmer Lawrie Silvassa greases plant
  • Balmer Lawrie Taloja High Throughput Packaging Plant

News impact

Big market events that reach Balmer Lawrie & Company Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹4.25
11 Mar 2026interim₹4.25
16 Sep 2025unspecified₹8.5
19 Sep 2024unspecified₹8.5
20 Sep 2023unspecified₹7.5
19 Sep 2022unspecified₹6.5
20 Sep 2021unspecified₹6
17 Sep 2020unspecified₹7.5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.