BALMER LAWRIE AND COMPANY LIMITED

BSE: BALMLAWRIE523319ISIN INE164A01016

Diversified
Diversified
BSE 1000

Share price

₹164.20+0.95 (+0.58%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹202.50
52W low: ₹148.05
Off 52W high: -18.91%
1M return: +3.63%
3M return: -6.49%
6M return: -16.25%
1Y return: -18.43%
20D avg volume: 16,602
50 DMA: ₹164.48
200 DMA: ₹173.60

Key ratios Consolidated

Market cap: ₹2,808 Cr
Current price: ₹164.20
52W high / low: ₹202.50 / ₹148.05
Face value: ₹10.00
P/E: 9.43
P/B: 1.32
EPS (TTM): ₹17.41
Book value / share: ₹124.83
ROE: —
ROCE: 12.50%
Operating margin: —
Net margin: —
Debt / equity: 0.04
Net debt: ₹41.14 Cr
Interest cover: 9.59
Dividend yield: 5.18%
Dividend / share (TTM): ₹8.50
Payout: 48.82%
Cash conversion cycle: 48.2 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	800.72	748.73	743.91	657.00	635.44	680.66	608.16	630.41	638.91	638.16	576.69	584.63
	10.63	10.63	19.55	6.62	10.71	9.47	17.63	8.63	11.46	12.30	17.70	10.54
	811.36	759.36	763.47	663.61	646.14	690.13	625.80	639.04	650.37	650.46	594.39	595.17
	725.53	681.43	667.99	598.40	590.65	618.71	535.77	571.10	588.14	594.85	506.47	530.94
	525.22	495.40	475.74	420.66	405.14	442.75	364.69	408.09	411.82	417.24	364.52	363.05
	4.99	4.38	3.99	6.13	5.83	8.77	18.77	6.50	21.96	8.44	10.43	21.45
	74.51	69.57	64.13	66.07	66.12	70.97	72.14	59.92	56.89	67.47	71.84	56.99
	11.35	12.84	9.61	10.05	7.10	6.73	6.06	9.27	5.07	6.12	5.81	5.45
	19.38	19.69	28.40	17.61	15.58	14.50	16.16	15.33	14.28	14.50	15.46	14.40
	88.88	95.12	77.68	81.58	88.43	79.01	63.15	74.20	77.23	76.37	39.20	70.44
	85.83	77.93	95.47	65.21	55.50	71.42	90.03	67.94	62.23	55.61	87.92	64.23
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	85.83	77.93	95.47	65.21	55.50	71.42	90.03	67.94	62.23	55.61	87.92	64.23
	25.97	21.46	30.26	18.46	17.02	19.44	31.25	19.80	18.89	11.05	26.84	15.22
	78.99	70.93	82.80	64.98	38.47	67.35	73.52	61.72	61.10	62.94	73.34	65.67
	4.64	4.18	4.95	3.89	3.31	4.03	4.39	3.77	3.66	3.73	4.32	3.89
Key metrics
	116.56	110.46	133.48	92.87	78.18	92.65	112.25	92.54	81.58	76.23	109.19	84.08
	14.60%	14.80%	17.90%	14.10%	12.30%	13.60%	18.50%	14.70%	12.80%	11.90%	18.90%	14.40%
	9.90%	9.50%	11.10%	9.90%	6.10%	9.90%	12.10%	9.80%	9.60%	9.90%	12.70%	11.20%
	3.70%	—	4.10%	—	2.60%	—	4.10%	—	—	—	—	—
	26.00%	10.00%	22.30%	4.20%	-0.50%	6.70%	5.50%	7.80%	—	—	—	—
	105.30%	5.30%	12.60%	5.30%	-37.00%	7.00%	0.20%	-6.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,950	2,717	2,516	2,339	2,321	2,055
	47.43	46.35	50.03	51.03	36.63	37.12
	2,998	2,763	2,566	2,390	2,358	2,092
	2,673	2,476	2,290	2,116	2,194	1,956
	1,917	1,744	1,602	1,490	1,600	1,427
	19.49	24.71	55.67	51.50	37.34	12.77
	274.28	267.29	256.42	243.41	251.22	227.59
	43.85	33.48	26.52	22.05	17.94	13.59
	85.08	76.08	60.27	59.16	56.80	55.79
	343.26	326.70	290.95	247.61	244.22	223.81
	324.44	287.60	275.81	274.49	164.32	136.79
	0.00	0.00	0.00	0.00	0.00	0.00
	324.44	287.60	275.81	274.49	164.32	136.79
	96.15	85.19	80.99	75.18	57.44	47.34
	297.70	270.32	259.27	257.40	167.63	134.75
	17.66	16.18	15.55	15.30	10.05	8.07
Key metrics
	453.37	397.16	362.60	355.70	239.06	206.17
	15.37%	14.60%	14.40%	15.20%	10.30%	10.00%
	10.09%	9.90%	10.30%	11.00%	7.20%	6.60%
	—	12.50%	12.90%	—	—	—
	15.49%	8.00%	7.50%	0.80%	12.90%	—
	23.50%	4.30%	0.70%	53.60%	24.40%	—
	—	225.62	88.30	—	—	—
	—	1.07	0.60	—	—	—
	—	0.04	0.04	—	—	—
	—	41.14	34.78	—	—	—
	—	48.2	54.1	—	—	—
Balance sheet
	—	3,349	3,040	—	—	—
	—	1,683	1,580	—	—	—
	—	33.75	41.06	—	—	—
	—	534.91	478.65	—	—	—
	—	168.65	192.75	—	—	—
	—	43.65	59.81	—	—	—
	—	648.80	619.33	—	—	—
	—	345.36	298.33	—	—	—
	—	789.09	696.56	—	—	—
	—	74.89	75.84	—	—	—
	—	3.45	1.30	—	—	—
	—	71.44	74.54	—	—	—
	—	2,083	1,989	—	—	—
Cash flow
	—	289.21	156.18	—	—	—
	—	-37.56	22.76	—	—	—
	—	-258.96	-188.64	—	—	—
	—	63.59	67.88	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	800.38	742.13	740.37	653.48	629.92	675.51	603.64	625.59	633.98	631.28	569.30	579.46
	17.66	10.41	50.92	7.07	17.56	9.77	47.28	8.84	14.68	12.34	47.41	10.67
	818.04	752.54	791.28	660.55	647.48	685.28	650.92	634.43	648.66	643.62	616.71	590.13
	724.41	673.42	670.50	591.35	581.98	609.91	538.14	559.83	580.08	585.79	538.51	523.54
	528.50	492.38	474.53	419.43	402.85	440.31	362.75	405.03	409.97	414.45	361.92	362.25
	4.99	4.38	3.99	6.13	5.83	8.77	18.77	6.50	21.96	8.44	10.43	21.45
	74.51	69.56	63.92	65.86	65.90	70.68	71.88	59.69	56.62	67.24	71.69	56.79
	9.49	10.97	7.68	8.25	5.00	4.71	4.16	4.95	3.08	4.11	3.73	3.32
	16.92	16.68	25.36	14.53	12.48	11.85	13.58	12.63	11.59	11.81	12.76	11.69
	88.79	95.00	86.56	80.86	87.47	77.59	72.19	73.25	75.96	75.04	78.76	68.89
	93.63	79.12	120.79	69.20	65.50	75.37	112.78	74.60	68.58	57.84	78.20	66.59
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	93.63	79.12	120.79	69.20	65.50	75.37	112.78	74.60	68.58	57.84	78.20	66.59
	25.97	21.46	30.26	18.46	17.02	19.44	31.25	19.80	18.89	11.05	26.84	15.22
	67.66	57.66	90.53	50.74	48.48	55.93	81.53	54.80	49.69	46.78	51.35	51.38
	3.96	3.37	5.30	2.96	2.83	3.27	4.76	3.20	2.90	2.74	3.00	3.01
Key metrics
	120.04	106.77	153.83	91.98	82.98	91.93	130.52	92.18	83.25	73.76	94.69	81.60
	15.00%	14.40%	20.80%	14.10%	13.20%	13.60%	21.60%	14.70%	13.10%	11.70%	16.60%	14.10%
	8.50%	7.80%	12.20%	7.80%	7.70%	8.30%	13.50%	8.80%	7.80%	7.40%	9.00%	8.90%
	5.60%	—	7.10%	—	4.20%	—	7.00%	—	—	—	—	—
	27.10%	9.90%	22.70%	4.50%	-0.60%	7.00%	6.00%	8.00%	—	—	—	—
	39.60%	3.10%	11.00%	-7.40%	-2.40%	19.60%	58.80%	6.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,936	2,699	2,494	2,319	2,310	2,042
	86.06	85.32	83.14	85.58	73.11	62.40
	3,022	2,785	2,578	2,404	2,383	2,105
	2,660	2,454	2,264	2,126	2,172	1,935
	1,915	1,737	1,592	1,484	1,601	1,427
	19.49	24.71	55.67	51.50	37.34	12.77
	273.85	266.37	255.43	242.63	250.49	226.95
	36.39	25.63	16.30	13.50	9.82	5.80
	73.49	64.22	49.61	48.26	46.93	46.74
	351.21	332.48	296.44	282.93	240.43	220.17
	362.74	330.87	313.79	278.65	211.30	170.15
	0.00	0.00	0.00	—	—	—
	362.74	330.87	313.79	278.65	211.30	170.15
	96.15	85.19	80.99	75.18	57.44	47.34
	266.59	245.68	232.80	203.47	153.86	122.81
	15.59	14.37	13.61	11.90	9.00	7.18
Key metrics
	472.62	420.72	379.70	340.41	268.05	222.69
	16.10%	15.60%	15.20%	14.70%	11.60%	10.90%
	9.08%	9.10%	9.30%	8.80%	6.70%	6.00%
	—	19.80%	19.80%	—	—	—
	15.85%	8.20%	7.60%	0.40%	13.10%	—
	10.74%	5.50%	14.40%	32.20%	25.30%	—
	—	177.58	42.94	—	—	—
	—	1.01	0.48	—	—	—
	—	0.00	0.00	—	—	—
	—	-33.40	-40.34	—	—	—
	—	49.4	54.7	—	—	—
Balance sheet
	—	2,565	2,350	—	—	—
	—	1,694	1,587	—	—	—
	—	33.40	40.34	—	—	—
	—	532.50	473.23	—	—	—
	—	168.65	192.75	—	—	—
	—	43.18	59.35	—	—	—
	—	536.99	499.79	—	—	—
	—	335.51	291.68	—	—	—
	—	764.33	679.08	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	1,555	1,528	—	—	—
Cash flow
	—	247.17	110.73	—	—	—
	—	-5.93	56.49	—	—	—
	—	-248.19	-177.32	—	—	—
	—	69.59	67.79	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +5.33%
Sales CAGR 5Y: —
Profit CAGR 3Y: +16.88%
Profit CAGR 5Y: —
Sales YoY (TTM): +15.85%
Profit YoY (TTM): +10.74%

Consolidated

Sales CAGR 3Y: +5.38%
Sales CAGR 5Y: —
Profit CAGR 3Y: +17.27%
Profit CAGR 5Y: —
Sales YoY (TTM): +15.49%
Profit YoY (TTM): +23.50%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 0.00%

Quarter	September 2026	June 2026
Promoter %	0.00%	0.00%

Holder	Type	Holding	Previous	Change
BALMER LAWRIE INVESTMENTS LIMITED	Public	61.80%	61.80%	0.00%
INDIAN SYNTANS INVESTMENTS PRIVATE LIMITED	Public	1.25%	1.25%	0.00%
THE NEW INDIA ASSURANCE COMPANY LIMITED	Public	1.16%	1.16%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Godrej Industries Ltd.	32,954	978.30	14.91	11.80%	+16.89% TTM	+13.75% TTM	-11.57%
3M India Ltd.	32,490	28,841.20	—	—	+2.97% TTM	+23.27% TTM	-19.57%
DCM Shriram Limited	13,996	897.50	10.12	11.20%	+14.05% TTM	+93.75% TTM	-28.12%
Lords Mark Industries Limited	3,080	72.19	36.89	7.00%	—	—	-89.22%
BALMER LAWRIE AND COMPANY LIMITED	2,808	164.20	9.43	12.50%	+15.49% TTM	+23.50% TTM	-18.43%
TTK Healthcare Ltd. S	1,305	923.80	4.72	7.60%	+11.29% TTM	+317.29% TTM	-21.11%
Empire Industries Ltd. S	569	948.90	10.15	15.40%	+8.08% TTM	+63.13% TTM	-11.77%
PANTH INFINITY LIMITED S	73	13.30	53.20	7.60%	-48.43% TTM	-88.82% TTM	+65.01%
Krypton Industries Ltd	42	28.84	15.20	14.30%	+12.03% TTM	+634.21% TTM	-42.01%
Galactico Corporate Services Limited	33	1.82	15.18	6.10%	+8.76% TTM	-1.35% TTM	—
Swasti Vinayaka Art And Heritage Corporation Ltd S	28	3.12	5.80	19.30%	+9.21% TTM	+35.07% TTM	-25.36%
Billwin Industries Limited S	21	51.06	45.59	5.60%	—	—	+53.80%
HCKK Ventures Limited S	10	27.78	-9.14	-31.50%	-100.00% TTM	-489.66% TTM	-12.34%
Alexander Stamps And Coin Limited S	8	8.44	-844.00	-0.10%	-35.71% TTM	+80.00% TTM	-16.35%

Filings & corporate actions

Recent announcements

Shifting of Corporate Office of M/s. KFin Technologies Limited, the RTA w.e.f. 1st December, 2026.4 Nov 2026 · Company Update / General
Press Release dated 2nd November, 2026 on the subject, ''Balmer Lawrie & Co. Ltd. announces second quarter results''2 Nov 2026 · Company Update / Press Release / Media Release
Appointment of Statutory Auditor and Branch Auditor for Financial Year 2026-272 Nov 2026 · Company Update / Appointment of Statutory Auditor/s
Outcome of Board Meeting held on 2nd November, 20262 Nov 2026 · Company Update / Meeting Updates
Outcome of Board Meeting held on 2nd November, 20262 Nov 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Financial Results for the 2nd Quarter and half year ended on 30th September, 20262 Nov 2026 · Result / Financial Results
Appointment of Shri Durg Vijay Singh Deo (DIN: 12005387) as an Additional Non-Executive Director in the designation of Independent Director of the Company22 Oct 2026 · Company Update / Change in Directorate
Newspaper Publication dated 17.10.2026 regarding Special Window from 5th February, 2026 to 4th February, 2026 for transfer and dematerialization of physical securities17 Oct 2026 · Company Update / Newspaper Publication
The trading window of the Company which had been closed with effect from 1st October, 2026 shall continue to remain closed till 48 hours after the declaration of Unaudited Financial Results ....9 Oct 2026 · Insider Trading / SAST / Closure of Trading Window
Balmer Lawrie & Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve In terms of Regulation ....9 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 (as amended) for the quarter ended on 30th September, 20269 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Filing of writ petition by the Company before Hon''ble High Court of Karnataka in connection with the earlier Stock Exchange Intimation dated 18th August, 20266 Oct 2026 · Company Update / General
Intimation of Closure of Trading Window with effect from 1st October, 202624 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Voting Results and Consolidated Scrutiniser Report for the 109th AGM of Balmer Lawrie & Co. Ltd.22 Sep 2026 · AGM/EGM / AGM
Disclosure under Regulation 30 of SEBI(LODR) Regulations, 2015- Change in Directorate22 Sep 2026 · Company Update / Change in Directorate
Submission of Voting Results and Consolidated Scrutiniser Report for the 109th AGM of Balmer Lawrie & Co. Ltd.22 Sep 2026 · Company Update / Meeting Updates
Submission of Voting Results and Consolidated Scrutinizer Report for the 109th AGM of Balmer Lawrie & Co. Ltd.22 Sep 2026 · AGM/EGM / AGM
Press Release dated 21st September, 2026 with respect to AGM21 Sep 2026 · Company Update / Press Release / Media Release
Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015-Proceeding of 109th AGM of the Company21 Sep 2026 · Company Update / General
Proceedings of the 109th Annual General Meeting of Balmer Lawrie & Co. Ltd.21 Sep 2026 · AGM/EGM / AGM
Comments of Board of Directors with respect to the fines imposed by Stock Exchanges for non-compliance with certain provisions of SEBI (LODR) Regulations, 2015. The said fines had been ....16 Sep 2026 · Company Update / Meeting Updates
Appointment of M/s. KPMG Assurance and Consulting Services LLP as Internal Auditor for 3 Financial Years i.e. 2026-27, 2027-28 and 2028-29 (subject to yearly review)16 Sep 2026 · Company Update / Meeting Updates
Newspaper Publication regarding Notice of 109th AGM and E-voting information29 Aug 2026 · Company Update / Newspaper Publication
Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Fines imposed by NSE Limited for the quarter ended 30th June, 202628 Aug 2026 · Company Update / General
Notice of 109th AGM and Annual Report for FY 2025-2628 Aug 2026 · Others / Reg. 34 (1) Annual Report
Business Responsibility and Sustainability Report for FY 2025-2627 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 109th AGM and Annual Report for FY 2025-2627 Aug 2026 · Company Update / General
Notice of 109th Annual General Meeting and Annual Report for Financial Year 2025-2627 Aug 2026 · AGM/EGM / AGM
Fine imposed for the quarter ended on 30th June, 2026 by NSE Limited for certain Regulations of SEBI (LODR) Regulations, 201526 Aug 2026 · Company Update / General
Newspaper Publication regarding the Special Window from 5th February 2026 to 4th February 2027 for transfer and dematerialization (demat) of physical securities21 Aug 2026 · Company Update / Newspaper Publication
Disclosure under Regulation 30 of SEBI (LODR) regulations, 2015- Appointment of Directors18 Aug 2026 · Company Update / Change in Directorate
Outcome of Board Meeting held on 18th August, 202618 Aug 2026 · Company Update / Meeting Updates
Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015- Imposition of penalty18 Aug 2026 · Company Update / Award of Order / Receipt of Order
As attached1 Aug 2026 · Company Update / Press Release / Media Release
As attached1 Aug 2026 · Corp Action / Date of payment of Dividend
As attached1 Aug 2026 · AGM/EGM / AGM
Fixation of Record date for the purpose of declaration of Final dividend, if declared at the 109th AGM for FY 2025-261 Aug 2026 · Corp. Action / Record Date
Outcome of Board Meeting held on 1st August, 20261 Aug 2026 · Company Update / Meeting Updates
Unaudited Financial Results (both Standalone and Consolidated) for the first quarter ended on 30th June, 20261 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on 1st August, 20261 Aug 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 4.2500	11 Sep 2026	14 Sep 2026	—
Interim Dividend - Rs. - 4.2500	11 Mar 2026	11 Mar 2026	—
Dividend - Rs. - 8.5000	16 Sep 2025	16 Sep 2025	—
Final Dividend - Rs. - 8.5000	19 Sep 2024	—	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
1 Aug 2026 Board Meeting - Financial Results