Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 2:40 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 523319 | NSE: BALMLAWRIE

Balmer Lawrie & Company Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹135.87Overvalued by 14.01%vs CMP ₹158.00

P/E (10.1) × ROE (14.0%) × BV (₹114.00) × DY (5.36%)

₹169.11Fairly Valued by 7.03%vs CMP ₹158.00
MoS: +6.6% (Thin)Confidence: 38/100 (Low)Models: 3 Under, 3 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹155.1323%Fair (-1.8%)
Graham NumberEarnings₹200.1616%Under (+26.7%)
Earnings PowerEarnings₹97.2011%Over (-38.5%)
DCFCash Flow₹284.6214%Under (+80.1%)
Net Asset ValueAssets₹113.347%Over (-28.3%)
EV/EBITDAEnterprise₹203.659%Under (+28.9%)
Earnings YieldEarnings₹156.207%Fair (-1.1%)
ROCE CapitalReturns₹77.047%Over (-51.2%)
Revenue MultipleRevenue₹146.055%Fair (-7.6%)
Consensus (9 models)₹169.11100%Fairly Valued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 14.2%

*Investments are subject to market risks

Investment Snapshot

63
Balmer Lawrie & Company Ltd scores 63/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health81/100 · Strong
ROCE 14.8% GoodROE 14.0% GoodD/E 0.06 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No change
Earnings Quality65/100 · Strong
OPM expanding (9% → 13%) Improving
Quarterly Momentum40/100 · Moderate
Revenue (4Q): 5% YoY FlatProfit (4Q): -2% YoY Declining
Industry Rank60/100 · Moderate
P/E 10.1 vs industry 27.0 Cheaper than peersROCE 14.8% vs industry 22.0% Average3Y sales CAGR: 7% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:40 am

Market Cap 2,710 Cr.
Current Price 158
Intrinsic Value₹169.11
High / Low 238/148
Stock P/E10.1
Book Value 114
Dividend Yield5.36 %
ROCE14.8 %
ROE14.0 %
Face Value 10.0
PEG Ratio0.71

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Balmer Lawrie & Company Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Balmer Lawrie & Company Ltd 2,710 Cr. 158 238/14810.1 1145.36 %14.8 %14.0 % 10.0
NESCO Ltd 7,350 Cr. 1,043 1,639/87518.0 3970.62 %21.1 %15.8 % 2.00
DCM Shriram Ltd 17,963 Cr. 1,152 1,502/94525.7 4630.78 %11.4 %8.66 % 2.00
3M India Ltd 33,128 Cr. 29,395 38,300/26,80054.2 1,9060.54 %40.5 %30.5 % 10.0
Industry Average15,287.75 Cr7,937.0027.00720.001.83%21.95%17.24%6.00

All Competitor Stocks of Balmer Lawrie & Company Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 551514608592586585577638639630608681635
Expenses 513464556528511511485574569546514597568
Operating Profit 39505265757491647084958367
OPM % 7%10%9%11%13%13%16%10%11%13%16%12%11%
Other Income 8317101311181211918911
Interest 4556556659677
Depreciation 14141415141415141415161416
Profit before tax 29345154696488566268907155
Tax % 37%29%51%22%31%24%31%20%30%29%35%27%31%
Net Profit 34354356636673636162746755
EPS in Rs 2.052.112.613.353.733.904.313.733.663.774.394.033.31

Last Updated: January 2, 2026, 8:01 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 1:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 3,1203,2541,5911,7021,7201,7721,5321,5262,0512,3122,3282,5052,581
Expenses 2,9083,0311,3861,4921,5021,5391,3421,3851,8822,1092,0232,1922,250
Operating Profit 212223205211219233189141169202305313332
OPM % 7%7%13%12%13%13%12%9%8%9%13%12%13%
Other Income 70646356515151493737515044
Interest 2423554715121418222730
Depreciation 35462426273052555757596064
Profit before tax 222218240236238247173123136164274276282
Tax % 30%30%32%34%31%35%32%33%35%35%27%29%
Net Profit 156152164155165197155115134168236259261
EPS in Rs 9.098.899.589.059.6611.659.437.048.0510.0514.0215.5515.62
Dividend Payout % 27%34%35%52%69%63%80%85%81%75%61%55%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-2.56%7.89%-5.49%6.45%19.39%-21.32%-25.81%16.52%25.37%40.48%9.75%
Change in YoY Net Profit Growth (%)0.00%10.46%-13.38%11.94%12.94%-40.71%-4.49%42.33%8.85%15.10%-30.73%

Balmer Lawrie & Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:-3%
5 Years:10%
3 Years:7%
TTM:7%
Compounded Profit Growth
10 Years:6%
5 Years:10%
3 Years:25%
TTM:1%
Stock Price CAGR
10 Years:9%
5 Years:14%
3 Years:22%
1 Year:-17%
Return on Equity
10 Years:12%
5 Years:11%
3 Years:13%
Last Year:14%

Last Updated: September 5, 2025, 12:25 am

Balance Sheet

Last Updated: December 4, 2025, 1:01 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 282828114114114171171171171171171171
Reserves 9531,0151,2101,2471,3421,4061,3831,3711,4161,5101,6501,7981,773
Borrowings 175197001581120125122121113106237
Other Liabilities 7246705596697206826607127368609399661,049
Total Liabilities 1,8801,9111,7982,0302,1912,2822,3342,3792,4452,6622,8733,0403,230
Fixed Assets 464577393397410568770767767760751737789
CWIP 7712116313811724321128526779
Investments 00248271293325375386436518565632669
Other Assets 1,3391,3221,1461,2991,3501,2721,1651,1941,2311,3561,5051,6041,693
Total Assets 1,8801,9111,7982,0302,1912,2822,3342,3792,4452,6622,8733,0403,230

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1672011501811291941892442208274156
Cash from Investing Activity + -76-42-71-117-19-137-60-80137-48-10523
Cash from Financing Activity + -131-143-66-73-86-78-162-149-127-147-178-189
Net Cash Flow -401613-924-21-34151212-9-10
Free Cash Flow 4611011110326-1140200-1615822290
CFO/OP 107%123%116%126%94%119%129%191%28%127%111%80%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow37.0026.00205.00211.00204.00152.0069.0016.0047.0081.00192.00207.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 625353605757656956576770
Inventory Days 484877514647575951466667
Days Payable 534414410410896881006968108104
Cash Conversion Cycle 5756-148-48352838352533
Working Capital Days 2323-24303944493049393962
ROCE %22%20%20%18%17%16%11%8%8%10%16%15%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
FIIs 1.20%1.95%1.82%2.12%2.71%3.07%3.22%3.58%2.58%2.34%2.26%2.16%
DIIs 2.47%2.45%2.48%2.21%2.09%1.93%1.90%1.89%1.79%1.79%1.79%1.79%
Government 0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public 96.29%95.56%95.66%95.63%95.17%94.98%94.85%94.50%95.61%95.84%95.94%96.03%
No. of Shareholders 91,60087,02787,34889,28993,4111,01,9121,06,1731,07,4451,11,4081,10,1441,11,4901,09,229

Shareholding Pattern Chart

No. of Shareholders

Balmer Lawrie & Company Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund 92,092 0.26 2.2592,0922025-04-22 17:25:410%
Groww Nifty Total Market Index Fund 394 0.01 0.013942025-04-22 17:25:410%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 15.5515.3010.058.077.04
Diluted EPS (Rs.) 15.5515.3010.058.077.04
Cash EPS (Rs.) 14.9215.119.578.498.05
Book Value[Excl.RevalReserv]/Share (Rs.) 115.12108.06100.1194.9492.46
Book Value[Incl.RevalReserv]/Share (Rs.) 115.12108.06100.1194.9492.46
Revenue From Operations / Share (Rs.) 147.11136.79135.76120.1989.41
PBDIT / Share (Rs.) 21.2020.8013.9812.0611.09
PBIT / Share (Rs.) 17.6817.3410.668.797.88
PBT / Share (Rs.) 16.1316.059.618.007.18
Net Profit / Share (Rs.) 11.3911.656.255.234.83
NP After MI And SOA / Share (Rs.) 15.5515.3010.057.886.74
PBDIT Margin (%) 14.4115.2010.2910.0312.40
PBIT Margin (%) 12.0112.677.857.318.80
PBT Margin (%) 10.9611.737.076.658.03
Net Profit Margin (%) 7.748.524.604.355.40
NP After MI And SOA Margin (%) 10.5711.187.406.557.54
Return on Networth / Equity (%) 13.5014.3610.228.487.47
Return on Capital Employeed (%) 12.9013.719.027.837.27
Return On Assets (%) 8.749.106.455.504.84
Long Term Debt / Equity (X) 0.030.030.040.050.06
Total Debt / Equity (X) 0.030.040.050.050.06
Asset Turnover Ratio (%) 0.850.840.900.940.71
Current Ratio (X) 2.272.082.092.312.24
Quick Ratio (X) 1.991.811.771.931.94
Inventory Turnover Ratio (X) 13.045.077.885.343.90
Dividend Payout Ratio (NP) (%) 54.6549.0364.6776.14111.23
Dividend Payout Ratio (CP) (%) 44.5539.9848.6153.8475.30
Earning Retention Ratio (%) 45.3550.9735.3323.86-11.23
Cash Earning Retention Ratio (%) 55.4560.0251.3946.1624.70
Interest Coverage Ratio (X) 13.6716.1313.3315.1715.92
Interest Coverage Ratio (Post Tax) (X) 8.3410.046.967.587.93
Enterprise Value (Cr.) 2796.583661.981567.621642.421805.18
EV / Net Operating Revenue (X) 1.111.570.670.791.18
EV / EBITDA (X) 7.7110.306.567.979.51
MarketCap / Net Operating Revenue (X) 1.261.750.810.931.44
Retention Ratios (%) 45.3450.9635.3223.85-11.23
Price / BV (X) 1.602.241.131.211.43
Price / Net Operating Revenue (X) 1.261.750.810.931.44
EarningsYield 0.080.060.090.060.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Balmer Lawrie & Company Ltd. is a Public Limited Listed company incorporated on 18/02/1924 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L15492WB1924GOI004835 and registration number is 004835. Currently Company is involved in the business activities of Manufacture of other containers. Company's Total Operating Revenue is Rs. 2494.49 Cr. and Equity Capital is Rs. 171.00 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Diversified21, Netaji Subhas Road, Kolkata West Bengal 700001Contact not found
Management
NamePosition Held
Mr. Adhip Nath PalchaudhuriChairman & Managing Director
Mr. Saurav DuttaDirector - Finance & CFO
Dr. Vandana Minda HedaIndependent Director
Mr. Rajeev KumarGovernment Nominee Director
Mr. Raja Mani UthayarajaDirector - Manufacturing Businesses
Mr. Abhijit GhoshDirector - HR & Corporate Affairs
Mr. Romon Sebastian LouisDirector - Service Businesses
Mr. Harishkumar Madhusudan JoshiIndependent Director

FAQ

What is the intrinsic value of Balmer Lawrie & Company Ltd and is it undervalued?

As of 11 April 2026, Balmer Lawrie & Company Ltd's intrinsic value is ₹169.11, which is 7.03% higher than the current market price of ₹158.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (14.0 %), book value (₹114), dividend yield (5.36 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Balmer Lawrie & Company Ltd?

Balmer Lawrie & Company Ltd is trading at ₹158.00 as of 11 April 2026, with a FY2026-2027 high of ₹238 and low of ₹148. The stock is currently near its 52-week low. Market cap stands at ₹2,710 Cr..

How does Balmer Lawrie & Company Ltd's P/E ratio compare to its industry?

Balmer Lawrie & Company Ltd has a P/E ratio of 10.1, which is below the industry average of 27.00. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Balmer Lawrie & Company Ltd financially healthy?

Key indicators for Balmer Lawrie & Company Ltd: ROCE of 14.8 % is moderate. Dividend yield is 5.36 %.

Is Balmer Lawrie & Company Ltd profitable and how is the profit trend?

Balmer Lawrie & Company Ltd reported a net profit of ₹259 Cr in Mar 2025 on revenue of ₹2,505 Cr. Compared to ₹134 Cr in Mar 2022, the net profit shows an improving trend.

Does Balmer Lawrie & Company Ltd pay dividends?

Balmer Lawrie & Company Ltd has a dividend yield of 5.36 % at the current price of ₹158.00. This is a relatively attractive yield for income-seeking investors.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Balmer Lawrie & Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE