MarketFriction

Balmer Lawrie Investment Ltd

NSE BLIL · BSE 532485 · Holding Company
₹65.01 -0.34%
NSE close2026-10-01
52 week range64.72 - 79.50
Market cap₹1,439 Cr.
P/E8.03
Price band 20% Delivery 77.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales587587579641642633611683638659746751
Expenses511511485574569547514598568571630649
Operating Profit77769466738697867088116102
OPM %13%13%16%10%11%14%16%13%11%13%16%14%
Other Income282730312922332527253725
Interest556659677101013
Depreciation141415141415161416182820
Profit before tax858310376828410789758611595
Tax %25%19%27%15%24%24%30%22%24%22%27%23%
Net Profit646875656364756957678573
EPS in Rs1.831.942.141.861.821.882.172.011.661.932.442.05
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,8171,5731,5632,0742,3352,3732,5452,7462,795
Expenses1,5471,3471,4131,8832,1102,0242,1932,3562,418
Operating Profit270226150191225349352389377
OPM %15%14%10%9%10%15%14%14%13%
Other Income5859796581528586115
Interest71512141822273340
Depreciation305255575759607681
Profit before tax290218162186232319350365371
Tax %30%26%26%26%26%24%24%24%
Net Profit202161121137172242267278281
EPS in Rs5.794.763.593.975.006.967.738.048.08
Dividend Payout %59%79%106%75%66%55%56%54%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%12%6%9%
Compounded Profit Growth%18%17%2%
Stock Price CAGR7%9%17%-17%
Return on Equity%11%13%13%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2222222222222222
Reserves1,0521,0811,0761,0941,1171,1991,3541,417
Borrowings81122125122121113106220
Other Liabilities1,2661,2561,3041,3401,5401,6911,7231,859
Total Liabilities2,4202,4822,5272,5782,8013,0253,2043,518
Fixed Assets568770767767760751737883
CWIP11724321128526734
Investments325375386436518565632730
Other Assets1,4101,3131,3411,3641,4951,6571,7691,871
Total Assets2,4202,4822,5272,5782,8013,0253,2043,518
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity17718724723206280164294
Cash from Investing Activity-137-60-80137-48-1179-35
Cash from Financing Activity-61-159-153-148-145-172-183-265
Net Cash Flow-21-32141213-9-10-5
Free Cash Flow-24139204615622898230
CFO/OP98%109%186%37%111%99%74%100%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5663675556666971
Inventory Days4758585147474336
Days Payable088996869756672
Cash Conversion Cycle10233273835374635
Working Capital Days4251325141426262
ROCE %13%9%11%13%17%17%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.67%59.67%59.67%59.67%59.67%59.67%59.67%59.67%59.67%59.67%59.67%59.67%
FIIs0.68%0.82%1.08%1.33%1.31%1.14%1.12%1.10%1.10%1.06%1.06%0.95%
DIIs0.14%0.14%0.14%0.14%0.02%0.02%0.07%0.03%0.03%0.03%0.03%0.03%
Public39.51%39.37%39.11%38.85%39.00%39.16%39.14%39.19%39.20%39.23%39.24%39.34%
No. of Shareholders26,51423,79422,80224,87341,75648,45952,23551,43151,74651,12251,75751,689

Fundamentals

Market Cap₹ 1,439 Cr.
Current Price₹ 64.9
Stock P/E8.03
Book Value₹ 64.8
ROCE16.9 %
ROE12.7 %
Dividend Yield6.62 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)2%
Consolidated figures.
Valuation
Market capRs 1,442 Cr
Enterprise valueRs 882 Cr
P/E (TTM)8.04x
Price to book1.18x
Price to sales0.52x
EV / EBITDA1.79x
EV / EBIT2.15x
EV / sales0.32x
Price to cash flow5.14x
Earnings yield12.43%
Dividend yield5.85%
P/E, 3-year average0.84x
P/B, 3-year average0.08x
P/E, 5-year average0.89x
P/B, 5-year average0.08x
Profitability
Operating margin (excl. other income)14.71%
Operating margin (incl. other income)16.88%
EBITDA margin17.58%
Pre-tax margin13.26%
Net profit margin6.41%
Net margin, latest quarter6.06%
ROE13.09%
ROCE26.32%
ROA5.31%
ROE, 3-year average10.30%
ROCE, 3-year average20.83%
ROA, 3-year average4.30%
ROE, 5-year average9.57%
ROCE, 5-year average19.26%
ROA, 5-year average4.08%
ROIC (approx.)47.03%
Tax rate24.23%
Other income / net worth4.23%
Growth
Sales growth (latest year)1.61%
Profit growth (latest year)39.30%
Sales CAGR, 3 years14.94%
Sales CAGR, 5 years5.49%
Profit CAGR, 3 years24.68%
Profit CAGR, 5 years3.75%
Sales growth QoQ0.65%
Profit growth QoQ-15.93%
Sales growth YoY (latest quarter)9.90%
Profit growth YoY (latest quarter)1.86%
Per share
EPS (TTM)Rs 8.08
EPS (latest year)Rs 69.62
EPS (latest quarter)Rs 2.05
EPS, 3-year averageRs 53.11
EPS, 5-year averageRs 48.58
Book value per shareRs 55.06
Sales per shareRs 126.06
Cash flow per shareRs 12.64
Free cash flow per shareRs 10.37
Dividend per share (latest year)Rs 38.00
Dividend per share, 3-year averageRs 33.67
Dividend per share, 5-year averageRs 35.30
Dividends
Dividend payout54.59%
Dividend payout, 3-year average65.37%
Dividend payout, 5-year average76.13%
Efficiency
Asset turnover0.78x
Fixed asset turnover3.16x
Inventory turnover8.33x
Inventory days44 days
Debtor days66 days
Debtors turnover5.56x
Creditor days72 days
Cash conversion cycle35 days
Working capital days62 days
Leverage
Total debtRs 113 Cr
Cash and bankRs 673 Cr
Net debtRs -560 Cr
Debt to equity0.09x
Net debt / EBITDA-1.14x
Interest coverage10.36x
Owners' fund to total sources40.36%
Debt to assets3.74%
Cash flow
Cash from Operating Activity (latest year)Rs 280 Cr
Cash from Investing Activity (latest year)Rs -117 Cr
Cash from Financing Activity (latest year)Rs -172 Cr
Net Cash Flow (latest year)Rs -9 Cr
Free cash flow (latest year)Rs 230 Cr
FCFE (approx.: FCF + change in debt)Rs 222 Cr
Cash from ops / profit, 5 years0.88x
Sales to cash flow8.47x
Statement figures
Net sales (TTM)Rs 2,795 Cr
Net sales (latest year)Rs 2,373 Cr
Sales (latest quarter)Rs 751 Cr
Operating profit excl. other income (latest year)Rs 349 Cr
Operating profit (latest quarter)Rs 102 Cr
Other income (TTM)Rs 115 Cr
EBITDA (TTM)Rs 492 Cr
PBDT (TTM)Rs 452 Cr
Profit before tax (TTM)Rs 371 Cr
Tax (latest year)Rs 77 Cr
Net profit (TTM)Rs 179 Cr
Net profit (latest year)Rs 155 Cr
Net profit (latest quarter)Rs 45 Cr
Depreciation (TTM)Rs 81 Cr
Depreciation (latest quarter)Rs 20 Cr
Interest (TTM)Rs 40 Cr
Cost of goods sold (latest year)Rs 1,633 Cr
Total expenditure (latest year)Rs 2,024 Cr
Total income (latest year)Rs 2,424 Cr
Share capitalRs 22 Cr
ReservesRs 1,199 Cr
Shareholders' fundsRs 1,221 Cr
Total assetsRs 3,025 Cr
Net blockRs 751 Cr
Capital work in progressRs 52 Cr
InvestmentsRs 565 Cr
ReceivablesRs 427 Cr
InventoryRs 196 Cr
Other liabilitiesRs 1,691 Cr
Shares outstanding (crore)22.17
Ownership
Promoter holding59.67% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.0 is at the 31th percentile of its own 5.4-year range (median 9.0, low 6.5, high 24.6).
P/B 1.18 is at the 48th percentile (median 1.18).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodBLILNifty 50Difference
1 week-2.6%-2.8% +0.2 pts
1 month-9.9%-6.8% -3.1 pts
3 months-8.2%-7.6% -0.6 pts
3 years+61.3%+14.2% +47.1 pts
5 years+54.3%+27.9% +26.4 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹751 Cr +10.0% vs Jun 2025. Net profit ₹73 Cr +5.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Dividend - Rs 2.27 Per Share
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Balmer Lawrie Investment Ltd?

Balmer Lawrie Investment Ltd (BLIL) has a market capitalisation of Rs 1,439 Cr. at the 2026-10-01 close.

What is the P/E ratio of Balmer Lawrie Investment Ltd?

Balmer Lawrie Investment Ltd trades at a P/E of 8.03 on trailing twelve-month profit, at the 2026-10-01 close.

What were Balmer Lawrie Investment Ltd's latest quarterly results?

In the Jun 2026 quarter, Balmer Lawrie Investment Ltd sales was Rs 751 Cr (+10.0% vs Jun 2025) and net profit was Rs 73 Cr.

What is the 52-week high and low of Balmer Lawrie Investment Ltd?

The 52-week high is Rs 79.50 and the 52-week low is Rs 64.72.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03