1. India Stocks

  2. •

    Industrials

  3. •

    Conglomerates
Balmer Lawrie & Co. Ltd.

Balmer Lawrie & Co. Ltd.

BALMLAWRIE.NS
Balmer Lawrie & Co. Ltd.IN flagNational Stock Exchange of India
179.35
INR
+2.74
- -
30.67BMarket Cap
Balmer Lawrie & Co. Ltd.
BALMLAWRIE.NS
(National Stock Exchange of India)

Recent

price

179.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
139.59
156.22
308.88
182.73
190.54
93.22
96.92
97.55
98.74
85.5
86.46
116.46
129.24
128.24
147.08
- -
158.92
Revenue per Share
7.5
8.61
16.99
9.1
8.9
9.59
9.05
9.66
11.65
9.43
7.04
8.05
10.05
14.02
15.55
- -
16.18
Basic EPS, GAAP
2.54
5.32
14.26
2.58
6.4
6.47
6
1.52
-0.4
8.21
11.68
-1.21
9.09
12.96
5.16
- -
- -
Free Cash Flow per Basic Share
2.22
2.98
5.57
5.32
6.93
3.61
4.02
5.64
8
8.78
7.47
5.98
6.49
7.5
8.47
- -
- -
Dividend per Share
13.57
16.84
37.85
28.85
27.77
31.15
56.04
61.48
65.63
71.89
71.33
74.34
80.39
88.67
96.58
- -
10
Book Value per Share
38.08
44.39
88.31
56.38
64.47
71.61
78.84
87.98
91.59
93.28
92.27
94.72
99.98
107.96
116.09
- -
121.08
Tangible Book Value per Share
171
171
98
171
171
171
171
171
171
171
171
171
171
171
171
- -
171
Basic Weighted Avg Shares
23,871
26,714
30,183
31,248
32,583
15,941
16,573
16,682
16,885
14,620
14,786
19,915
22,101
21,930
25,156
27,170
27,170
Sales/Revenue/Turnover
7.35
6.66
6.51
5.61
5.67
12.36
12.03
14.85
12.96
11.17
8.28
6.5
7.75
13.06
10.03
10.11
10.11
Operating Margin (%)
323
378
381
406
462
240
259
269
303
517
550
566
568
592
603
761
761
Depreciation Expense
1,283
1,473
1,661
1,557
1,521
1,640
1,548
1,652
1,992
1,612
1,203
1,376
1,719
2,398
2,660
2,766
2,766
Net Income, GAAP
31.66
26.78
26.91
29.9
30.26
31.64
34.41
30.84
34.66
31.87
32.73
34.8
34.96
27.39
29.36
29.62
29.62
Effective Tax Rate (%)
5.38
5.51
5.5
4.98
4.67
10.29
9.34
9.9
11.8
11.03
8.14
6.91
7.78
10.93
10.57
10.18
10.18
Profit Margin (%)
3,739
4,818
5,451
5,615
5,623
6,380
6,717
6,899
6,586
6,585
6,576
6,889
6,930
7,713
8,839
8,941
8,941
Working Capital
1,270
1,255
1,143
945
894
644
- -
112
761
1,076
1,144
1,081
1,048
877
970
1,977
1,977
LT Debt
6,529
7,615
8,665
9,813
11,163
12,387
13,614
15,098
15,701
15,980
15,810
16,226
17,120
18,479
19,891
20,832
20,832
Total Equity
14.63
14.37
14.32
11.22
10.35
9.78
9.31
11.66
8.93
6.59
4.76
4.79
6.09
10.57
8.43
8.54
8.62
Return on Invested Capital (%)
30.76
34.8
31.65
27.76
25.09
25.27
19.35
16.14
17.28
13.36
9.56
10.6
12.48
16.02
16.97
28.08
28.08
Return on Capital (%)
50.26
56.66
50.48
36.07
31.43
32.56
20.77
16.44
18.33
13.71
9.83
11.05
12.99
16.59
16.79
30.35
30.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
831
- -
219
LT Borrowings
729
- -
714
LT Finance Leases
812
- -
1,263
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
171
- -
171
Market Capitalization
36,020
31,385
25,487

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
16,708
- -
16,832
Cash, Cash Equivalents & STI
8,103
- -
9,337
Accounts Receivable, Net
5,570
- -
5,349
Inventories
2,138
- -
1,687
Total Current Liabilities
8,432
- -
7,891
Payables & Accruals
- -
- -
- -
ST Debt
831
- -
219
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.4%
5.69%
4.73%
Free Cash Flow
-313.33%
-164.78%
155.32%
Net Income, GAAP
7.09%
18.74%
4%
Sales/Revenue/Turnover
6.12%
13.52%
8%
Total Cash Common Dividend
15.09%
12.52%
45.53%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,923
5,856
5,846
4,305
21,930
2025
6,382
6,389
6,304
6,082
25,156
2026
6,807
6,354
6,570
7,439
27,170

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.35
3.74
3.89
- -
14.02
2025
3.73
3.66
3.77
4.39
15.55
2026
4.03
3.31
3.89
4.95
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7.5
2025
- -
- -
- -
- -
8.47
2026
- -
- -
- -
- -
- -
Similar Companies
Tamagawa Holdings Co., Ltd. (6838.T)
KAP Industrial Holdings Limited (KAP.JO)
ITOCHU Corporation (ITOCY)
Sinad Holding Company (4080.SR)
American Heritage International Inc. (AHII)
Honeywell International Inc. (ALD.DE)
Business
Balmer Lawrie & Co. Ltd. is a diversified Indian public sector company primarily engaged in industrial packaging, logistics, lubricants, and chemicals. The company manufactures and sells products such as industrial packaging materials including steel barrels, drums, containers, and flexible packaging solutions; lubricants under the Balmerol brand for automotive, industrial, and marine applications; chemicals including performance chemicals and specialty chemicals; and provides logistics services encompassing logistics management, freight forwarding, supply chain solutions, and warehousing. Balmer Lawrie operates across India and has a significant presence in international markets through its subsidiaries and joint ventures. Founded in 1867, the company is headquartered in Kolkata, India. Recent major developments include strategic initiatives to enhance its logistics and chemical businesses, expanding its capabilities with new service offerings in integrated supply chain solutions and advanced lubricant formulations. The company has also pursued operational efficiencies and technological upgrades aligned with digital transformation in its logistics segment. Additionally, Balmer Lawrie has been active in forming strategic partnerships and joint ventures to broaden its market reach and strengthen its core business verticals over the past 1-2 years. These efforts reflect the company’s focus on growth, modernization, and increased customer-centric solutions in its industrial and service businesses. Balmer Lawrie serves diverse industry segments such as manufacturing, automotive, marine, oil and gas, and retail through its product and service offerings. Its portfolio is complemented by subsidiaries that support specialized activities in logistics and chemicals, reinforcing its integrated business model designed to deliver comprehensive industrial solutions.