BALMLAWRIEDiversified

Balmer Lawrie & Company Limited

Diversified · ISIN INE164A01016 · BSE 523319 · NSE EQ · FV ₹10
Last price
₹164
+0.15%today
What this company does

Balmer Lawrie & Company Limited operates in the Diversified sector. It booked ₹801 cr of revenue in its latest quarter (Q2 FY27) and kept 9.9% of sales as profit. It is the 4th largest of 5 Diversified companies we track, by market value.

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
59

At close. Not part of the score.

Profitability & returns59

How much profit it earns on the money it employs

Balance sheet67

How much it owes, and whether earnings cover the interest

Cash quality67

Whether reported profit actually arrives as cash

Growth & consistency61

Whether sales and profit have grown, and how steadily

Valuation42

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 26% vs last year
✓ Profit up 41% vs last year
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in BALMLAWRIE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 2% a year, it would become
₹13.28 lakh

The slider starts at 2%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹164▲ +0.15%
latest close · 2026-11-04
1-year return
+25.8%
52-wk low ₹10352-wk high ₹182
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio8.8Low
LowAverageHigh
P/B ratio1.31Moderate
Below bookModerateHigh
EV / EBITDA6.3Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.9%Fair
WeakFairStrong ▸15%
Return on capital14.8%Fair
WeakFairStrong
Net margin9.9%Decent
ThinDecentStrong
EBITDA margin14.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.09Comfortable
LowModerateHigh ▸1
Interest cover8.6×Strong
RiskyOkayStrong ▸5×
Current ratio1.94Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,798 cr
Book value
₹125
EPS
₹4.64
latest quarter
Net debt
₹159 cr
owes more than its cash
Enterprise value
₹2,957 cr
EBITDA
₹466 cr
annualised
EBIT
₹389 cr
annualised
Operating margin
12.1%
Return on assets
8.8%
Earnings yield
11.34%
P/S
0.87
Sales / share
₹187.3
Tax rate
30.3%
Face value
₹10
Shares
17.1 cr
Working capital
₹933 cr
Current assets
₹1,924 cr
Current liabilities
₹991 cr
Delivery %
53.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹101 vs market price ₹164 — price is 62% above it
Safety cushion-62.5%(target ≥ +20%)
Models span ₹80–₹122, midpoint ₹101
Model ₹101
Price ₹164
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹801 cr
Other Income₹11 cr
Total Income₹811 cr
Cost of Materials₹525 cr
Purchases of Stock-in-Trade₹5 cr
Inventory Change (±)₹1 cr
Employee Benefit Expense₹75 cr
Finance Costs₹11 cr
Depreciation & Amortisation₹19 cr
Other Expenses₹89 cr
Total Expenses₹726 cr
Profit before Tax₹86 cr
Tax Expense₹26 cr
Share of JV / Associates₹19 cr
Net Profit₹79 cr
Net margin on total income9.7%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹531 cr64.0%
Employee benefit expense₹75 cr9.0%
Finance costs₹11 cr1.4%
Depreciation & amortisation₹19 cr2.3%
Other expenses₹89 cr10.7%
Tax expense₹26 cr3.1%
Profit for the period₹79 cr9.5%
Total income ₹811 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue744 cr749 cr801 cr
Total income763 cr759 cr811 cr
Expenses668 cr681 cr726 cr
Profit before tax95 cr78 cr86 cr
Tax30 cr21 cr26 cr
Net profit (owners' share)85 cr71 cr79 cr
Net margin (owners' share, on revenue)11.4%9.5%9.9%
EPS (₹)4.954.184.64
YoY (latest quarter): total income +25.6% · net profit +40.5%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹3,624 cr
Shareholder equity
₹2,135 cr
parent shareholders
Total debt
₹186 cr
Cash
₹27 cr
Cash flow · H1 FY27
Operating
₹-94 cr
Investing
₹97 cr
Financing
₹-10 cr
Peer comparison
Diversified · by market value
CompanyPriceMarket capP/E
3M India Limited₹28,885₹32,539 cr51.8
Godrej Industries Limited₹953₹32,082 cr28.2
DCM Shriram Limited₹895₹13,962 cr33.3
Balmer Lawrie & Company Limitedthis company₹163₹2,794 cr8.8
TTK Healthcare Limited₹916₹1,294 cr1.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
5.19%
trailing 12 months
Dividend / share (TTM)
₹8.5
Last dividend
₹4.25
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹4.25 / share11 Sep 2026
Dividend₹4.25 / share11 Mar 2026
Dividend₹8.5 / share16 Sep 2025
Dividend₹8.5 / share19 Sep 2024
Dividend₹7.5 / share20 Sep 2023
Dividend₹6.5 / share19 Sep 2022
Who owns it · 2026-09-30
No pledge
Promoter
—
FII / Foreign
2.4%
DII / Domestic
1.8%
Retail / others
95.8%
Smart-money activity
Bulk / block deals
short— · NSE9027 Jan 26
short— · NSE2524 Oct 25
short— · NSE3083 Oct 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 21 Sep 2026
See the official result
1
To consider and adopt the Audited Financial Statements of the Company (both Standalone and Consolidated) for the Financial Year ended on 31st March 2026 together with the Reports of the Board of Directors and Auditors thereon and other Statements attached thereto along with the Comments of Comptroller and Auditor General of India thereon.
Backed by 100% of shareholders other than promotersneeded 50%
10.84 cr votes for, 18,368 against · 1% of mutual funds and other big investors said no
2
To declare final dividend for the Financial Year ended on 31st March 2026
Backed by 100% of shareholders other than promotersneeded 50%
10.85 cr votes for, 1,827 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Shri Abhijit Ghosh (DIN: 10042785), a Director who retires by rotation and being eligible, offers himself for re-appointment
Backed by 98% of shareholders other than promotersneeded 50%
10.64 cr votes for, 21.33 L against · 84% of mutual funds and other big investors said no
4
To fix the remuneration of the Statutory Auditors of the Company (including Branch Auditors) for the Financial Year 2026-27
Backed by 100% of shareholders other than promotersneeded 50%
10.85 cr votes for, 19,164 against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.