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Balmer Lawrie & Company Ltd P/E Ratio

Balmer Lawrie & Company Ltd P/E Ratio

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Balmer Lawrie & Company Ltd

NSE: BALMLAWRIE

PE

17.5

Last updated : 13 Jun 15:30 pm

Key Highlights

    The P/E Ratio of Balmer Lawrie & Company Ltd is 17.5 as of 13 Jun 15:30 pm .a1#The P/E Ratio of Balmer Lawrie & Company Ltd changed from 10.6 on March 2019 to 11 on March 2023 . This represents a CAGR of 0.74% over 5 years. a1#The Latest Trading Price of Balmer Lawrie & Company Ltd is ₹ 265.2 as of 13 Jun 15:30 .a1#The PE Ratio of Diversified Industry has changed from 26.5 to 21.1 in 5 years. This represents a CAGR of -4.46%a1# The PE Ratio of Automobile industry is 11.3. The PE Ratio of Diversified industry is -3.2. The PE Ratio of Finance industry is 21.7. The PE Ratio of IT - Software industry is 28.9. The PE Ratio of Retail industry is 142.7. The PE Ratio of Textiles industry is 7.2. In 2024a1#The Market Cap of Balmer Lawrie & Company Ltd changed from ₹ 2116 crore on March 2019 to ₹ 1894 crore on March 2023 . This represents a CAGR of -2.19% over 5 years. a1#The Revenue of Balmer Lawrie & Company Ltd changed from ₹ 656.28 crore to ₹ 594.39 crore over 8 quarters. This represents a CAGR of -4.83% a1#The EBITDA of Balmer Lawrie & Company Ltd changed from ₹ 69.6 crore to ₹ 109.19 crore over 8 quarters. This represents a CAGR of 25.25% a1#The Net Profit of Balmer Lawrie & Company Ltd changed from ₹ 39.67 crore to ₹ 61.08 crore over 8 quarters. This represents a CAGR of 24.08% a1#The Dividend Payout of Balmer Lawrie & Company Ltd changed from 66.53 % on March 2019 to 83.35 % on March 2023 . This represents a CAGR of 4.61% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1910.6
Mar '208.4
Mar '2118.3
Mar '2214
Mar '2311

Fundamental Metrics

Market Cap

4,535 Cr

EPS

15.3

P/E Ratio (TTM) *

17.5

P/B Ratio (TTM) *

2.5

Day’s High

269.5

Day’s Low

262.45

DTE *

0.1

ROE *

14.4

52 Week High

320.25

52 Week Low

129.25

ROCE *

15.3

* All values are consolidated

* All values are consolidated

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Balmer Lawrie & Company Ltd

NSE: BALMLAWRIE

PRICE

265.2

1.75 (0.66%)

stock direction

Last updated : 13 Jun 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Balmer Lawrie & Company Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

4,588

Asset Value

1,382

2.3 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

261 Cr

17.5 X

PE Ratio

Market Cap

₹4588Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

261 Cr

17.5 X

PE Ratio

Market Cap

₹4588Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Diversified Industry over time

PE Ratio of Top Sectors

Balmer Lawrie & Company Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Balmer Lawrie & Company Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Balmer Lawrie & Company Ltd's Share Price stands at 265.2. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-06-13T00:00:00 is 15.3. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 265.2/ 15.3= 17.54.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Balmer Lawrie & Company Ltd's stock is trading at approximately 17.54 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Balmer Lawrie & Company Ltd’s PE Ratio (BSE: BALMLAWRIE)

    The Price-to-Earnings (PE) ratio, used to assess Balmer Lawrie & Company Ltd's stock (BSE: BALMLAWRIE), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '192116
Mar '201359
Mar '212205
Mar '221928
Mar '231895

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22656
Sep '22559
Dec '22517
Mar '22625
Jun '23602
Sep '23598
Dec '23595
Mar '23594

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2270
Sep '2246
Dec '2254
Mar '2270
Jun '2375
Sep '2388
Dec '2384
Mar '23109

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2240
Sep '2218
Dec '2224
Mar '2225
Jun '2342
Sep '2348
Dec '2349
Mar '2361

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1967
Mar '2072
Mar '2188
Mar '2291
Mar '2383

* All values are a in %

About Balmer Lawrie & Company Ltd

About Balmer Lawrie & Company Ltd

    Balmer Lawrie & Co. Ltd. is a Government of India Enterprise engaged in diversified business with presence in both manufacturing and service businesses. The company is engaged in the business of Industrial Packaging, Greases & Lubricants, Leather Chemicals, Logistic Services and Infrastructure, Refinery & Oil Field and Travel & Vacation Services in India. Balmer Lawrie & Co. Ltd. is the market leader in the 210L Mild Steel (MS) Drum industry, a part of the Rigid Industrial Packaging segment, with a market share of more than 34%. The strategic business unit (SBU) operates through six manufacturing plants on pan India basis, which include the state-of-the-art facility at Navi Mumbai. The SBU manufactures high quality products ranging from Open Head, Tight Head, Plain, Lacquered, Composite, Galvanized, Tall, Necked-In and Conical Drums catering to diverse industry segments and the best-in-class customers in these segments. These products are utilized for packaging Additives, Chemicals, Lubricants, Food & Fruit Pulp, Edible Oils and various Liquid and Semi Liquid substances. The company's Greases & Lubricants SBU has Pan India operation with three manufacturing plants in Kolkata, Silvassa and Chennai. The SBU is divided into three segments viz. Contract Manufacturing and Processing, Direct Sales and Channel Sales (Automotive and Industrial). The Leather Chemicals SBU manufactures specialty leather chemicals. In the Logistics Infrastructure SBU, the company has three state-of-the-art Container Freight Stations (CFS) located at Nhava Sheva (Navi Mumbai), Chennai and Kolkata. The company's Warehousing and Distribution facilities are presently available at Kolkata and Coimbatore. The company is also managing the Integrated Check Post (ICP) operations at Jogbani in Bihar bordering Nepal. The ICP at Raxaul is operational from March 2018 which is also managed by Balmer Lawrie. In the Logistics Services (LS) SBU, air freight services is a dominant activity for the SBU and accounts for more than 64% of the SBU's overall top-line. Balmer Lawrie & Co. is one of the largest TMC (Travel Management Company) catering to corporate travel and business travel of various Central Ministries, Banks and PSUs. It has presence in almost 88 locations across the country. The company's Refinery and Oil Field Services (ROFS) SBU is engaged in oil sludge processing for refineries and oil exploration companies, not only recovering useful hydrocarbon through such process but at the same time reducing the risk of environmental hazard from untreated sludge. The SBU is the pioneer in mechanized in-situ sludge processing and maintains leadership position in India with nearly 70% market share. By virtue of being a pioneer, possessing state of the art technology and rich experience in executing projects within stipulated timelines, the SBU has developed a loyal list of satisfied clientele, which drives the business of the SBU. The SBU has an exclusive license agreement with its technology partners based in Europe who have developed the patented BLABO process, which still enjoys the technical superiority over other processes. Balmer Lawrie & Company Ltd was incorporated on February 18, 1924 as a private limited company. Initially, the company started as a Partnership Firm on February 1, 1867 in Kolkata. The company was founded by two Scotmen - George Stephen Balmer and Alexander Lawrie. In January 3, 1936, the company was converted into a public limited company. In the year 1972, the company became a Government company consequent to the nationalization of IBP Co. Ltd, the holding company. In the year 1987, the company was awarded the Schedule B PSE status by GoI. In May 1999, the company started the business of blending and packaging of speciality tea with the commissioning of the plant at Bedford. Also, they started the production of aviation lubricants in their joint venture company, Avi-Oil India at Piyala, Faridabad. The company had executed the export order for a speciality oil consignment. They upgraded the tea factory at Kolkata to cater to the growing value added business. In the year, 2001 IBP Co Ltd transferred their holding of 61.8% in the company to Balmer Lawrie Investments Ltd, which was formed by the Government on October 2001. During the year 2002-03, the company increased the production capacity of LPG Cylinders by 114,200 Nos to 239,200 Nos. Also, they increased the production capacity of Greases & Lubricating Oil by 29,800 MT to 71,500 MT. During the year 2002-03, the company increased the production capacity of Greases & Lubricating Oil by 100 MT to 71,600 MT. During the year 2004-05, they increased the production capacity of Barrels and Drums by 110,000 Nos to 3,780,000 Nos. In the year 2003, the company was awarded the Mini Ratna II PSE status. In the year 2006, the company was awarded the Mini Ratna I PSE status by GoI. During the year 2006-07, the company entered into an MoU with the Government of India at the Ministry of Petroleum and Natural Gas detailing therein various targets on operational, financial and efficiency parameters besides matters like customer satisfaction, quality and human resource development. The name of their subsidiary company was changed from Indian Container Leasing Company Ltd to Transafe Services Ltd. During the year, the company increased the production capacity of Barrels and Drums from 3,780,000 Nos to 3,954,000 Nos. During the year 2007-08, they further company increased the production capacity of Barrels and Drums from 3,954,000 Nos to 4,374,500 Nos. Their Industrial Packaging SBU closed their bitumen drum manufacturing facility at Mathura and discontinued production of bitumen drums at Panipat due to expiry of the drum fabrication contracts with Indian Oil Corporation Ltd. In October 2008, the Steel Drum Closure Division was shifted to a new location at Turbhe, Navi Mumbai where the Division has become fully operational. Also, they completed the transfer of leasehold land at MIDC - Turbhe with the signing of a tripartite agreement with BLVL and MIDC. During the year, the company increased the production capacity of Greases & Lubricating Oils from 71,600 MT to 73,200 MT. The company acquired a further 15.22% of the paid-up equity capital of TSL from ICICI Venture whereby the equity shareholding of the company in TSL currently stands increased to 50%. During the year 2009-10, the company further increased the production capacity of Greases & Lubricating Oils from 73,200 MT to 74,280 MT. In March 2010, the company launched a 50:50 Joint Venture Company under the name and style of PT Imani Ganda Utama (PTIGU) at Indonesia - the other partner being an existing Indonesian Company, viz. PT Imani Wicaksana - for manufacture and marketing of greases and lubricants in Indonesia. In June 2010, the Industrial Packaging SBU commissioned their new plant at Chittoor in Andhra Pradesh.During the year ended 31 March 2014, Balmer Lawrie & Company's wholly owned subsidiary in UK Balmer Lawrie (UK) Ltd (BLUK) bought back 1,583,280 shares in its capital from Balmer Lawrie & Company's, being its Holding company, at a price of $2.50 million. The financial year 2013-14 also saw BLUK making payment of its maiden dividend of $ 1 million out of its reserves, which was paid as interim dividend, there being no final dividend. Balmer Lawrie & Company's Industrial Packaging strategic business unit clocked highest-ever sales volume of steel drums during 2013-14. This was accomplished despite the shrinkage of the market in the wake of directive to Government Companies to procure MS Drums only from Small & Medium Enterprises. In 2013-14, the company's Greases & Lubricants SBU recorded an all-time high sales volume, registering a volumetric growth of 8% and turnover growth of 11% over the previous year. This was achieved despite various constraints holding up growth of the manufacturing sector, although the bottom line was affected due to adverse market conditions. The company's Performance Chemicals SBU achieved 43% growth in volume for overseas business during 2013-14 and recorded highest ever export volume, which is a significant achievement. The financial performance of the company's Logistics Services SBU during 2013-14 was commendable with the SBU surpassing all its previous year records and achieving its highest ever profit despite somewhat flat growth in the top line. This was achieved primarily on account of better product mix and marketing of value added services to the customers. In February 2014, Balmer Lawrie & Company acquired Leisure Travel Business of Vacations Exotica Destinations Pvt. Ltd., a large tour operator in the country. With the acquisition of the Vacations Exotica brand and business, the company has become one of the top five tour operators in India. It now offers holiday packages to the portfolio of corporate and government clients which number approximately 7,50,000. Balmer Lawrie & Company's Industrial Packaging strategic business unit clocked the highest ever sales in 2014-15. This was achieved despite the fact that in the second half of the financial year the SBU did not have any orders from the PSU Oil Companies or Government due to Government directives on procurement of Steel Drums from MSME. In 2014-15, import arrivals at the company's Container Freight Stations jumped 23% compared to the previous fiscal. Export volume too went up by 20% over the previous year. The company's Logistics Services SBU during 2014-15 achieved the highest ever profit since inception of this SBU despite a nominal growth of 2% in top line as compared to previous year. This was achieved primarily on account of better sales mix coupled with economy in cost of operation. During the year, to benefit from the possible synergies, Balmer Lawrie & Company merged two of its SBUs earlier known as 'Tours & Travel' and 'Tours -- Vacations Exotica' and renamed the combined strategic business unit as 'Travel & Vacations' to build one seamless travel and vacations operation that offers end to end Travel & Vacation solutions to its wide spread customers. During the financial year ended 31 March 2016, Balmer Lawrie & Company's Industrial Packaging strategic business unit (SBU) recorded the highest ever profit. During the year under review, the bottom-line of the company's Greases & Lubricants SBU witnessed a significant turn-around over last year mainly due to the favorable impact of lower base oil prices. Inspite of lower sales volume achieved during the year, the company's Leather Chemicals SBU turned around to earn profits by improving the process efficiency and undertaking operational excellence initiatives. The company Logistics Services SBU during 2015 -16 achieved the highest ever top line since inception of this SBU registering a growth of 8% on year to year basis. Considering the potential in Cold Chain Logistics, Balmer Lawrie & Company ventured into setting up Temperature Controlled Warehouses (TCW). The first state of the art TCW was commissioned in Hyderabad in March 2016. During the financial year ended 31 March 2017, Balmer Lawrie & Company issued 8,55,01,923 bonus shares in the ratio of 3 new shares for every share held. Sales of the company's industrial packing strategic business unit (SBU) during the year 2016-17 was higher than the previous year. The higher sales volume was accomplished despite shrinkage of available market in the wake of directives to Government and PSUs to procure MS Drums only from Small & Medium Enterprises. During the year, the SBU maintained its profitability in spite of increase in steel prices. The SBU achieved higher sales through stabilization of the Navi Mumbai plant and improvement in operational efficiencies through Operational Excellence across various manufacturing units. During the year under review, despite severe price competition from PSU Oil Companies, major MNCs and other private players and sharp hike in base oil and lithium hydroxide prices, Balmer Lawrie & Company's Greases & Lubricants SBU was able to better its overall performance level in terms of production and sales as compared to last year. During 2016-17, the sales turnover of the SBU witnessed a growth of 6.5% over last year. The bottom-line for the year has, however, been affected due to abnormal increase in lithium hydroxide price, increase of base oil prices in the second half of the year and increase of other input prices which could not be passed on to the customers fully because of the market situation and contractual delivery terms. During the year under review, the company's Leather Chemicals SBU achieved significant profits through increase in domestic sales coupled with cost reduction & efficiency improvement initiatives and reduction in prices of major raw materials. The SBU achieved the highest ever profit from this activity since its inception. During the year under review, the company's Container Freight Stations (CFS) business failed to grow in volume, revenues and earnings as compared to the previous year primarily due to adverse effects of the policies being implemented by the government for promoting the Direct Port Delivery and the competitive scenario prevailing in the industry. The company was able to retain its present set of customers. Loaded import arrivals to the company's CFS were down by 8% compared to the previous fiscal. There was no growth in export front. The company's warehousing activity continued to perform well during the year due to better utilisation of space. The company's Logistics Services vertical during 2016-17 achieved the highest ever top line and PBT registering a growth of 13% in Turnover over the previous year. The Logistics Services (LS) vertical achieved the highest ever volume on Ocean freight during the year. The Board of Directors of Balmer Lawrie & Company at its meeting held on 29 May 2018 approved the acquisition of 10% equity share of RCHobbytech Solutions Private Limited out of which 2% would be transferred to Indian Institute of Management-Calcutta Innovation Park (IIM-CIP) for providing incubation support to the start-up and acquisition of 8.5% equity share of Kanpur Flowercycling Private Limited out of which 2% would be transferred to IIM-CIP for providing incubation support to the start-up. As part of the strategic plan, Balmer Lawrie & Company has been consistently looking for opportunities for growth in the logistics sector. In this context, a JV has been formed in the name of Visakhapatnam Port Logistics Park Limited (VPLPL) with Visakhapatnam Port Trust (VPT) contributing 40% of equity and the remaining 60% being funded by your company to set up a Multi Modal Logistics Hub in Visakhapatnam on a 53 acre land allotted to the company by VPT. During the year under review, the company completed the Rail connectivity, made ready the yard for storage of loaded and empty containers. During the year 2017-18, the company's industrial packing plant at Taloja was rated for Gold Category under National Award for Manufacturing. During the year, the SBU maintained its profitability inspite of increase in steel prices. The SBU achieved higher sales revenue and volumes and improved its overall efficiency across various manufacturing units. The Direct Sales segment of the company's Greases & Lubricants SBU registered a marginal drop in sales volume in 2017-18. The negative growth was the result of the SBU's shift in focus to non-tender businesses with better margins from volume-driving tender businesses. Due to the company's increased thrust on Channel Sales segment, the SBU achieved an excellent growth of more than 25% in on Channel Sales volume during 2017-18. During the year under review, the company's leather chemicals SBU delivered growth in volume and revenue. Both fatliquor and syntan segments witnessed healthy growth. The SBU maintained profitability inspite of the adverse impact of escalating raw material prices. During the year under review, the company's Container Freight Stations (CFS) business could not grow in volume, revenues and earnings as compared to the previous year primarily due to the Government promoting the Direct Port Delivery system without the involvement of CFSs. The competitive scenario prevailing in the industry also resulted in lower margins on the volumes handled. The company was however, able to retain its present set of customers. Loaded import arrivals to the company's CFSs were down by 14% compared to the previous fiscal. However export rose 21%. The warehousing activity continued to perform well during the year due to better utilisation of space. Considering the potential in cold chain logistics, Balmer Lawrie & Company ventured into setting up Temperature Controlled Warehouses (TCW). The second TCW at Rai, Haryana commenced operation in October 2017 after the first one at Hyderabad was commissioned in March 2016. The Integrated Check Post (ICP) operations at Raxaul managed by the company became operational from March 2018. In 2017-18, the company's Logistics Services (LS) SBU suffered a de-growth of 9% in the top-line, primarily on account of revenue per job coming down drastically due to stiff competition in the air and ocean freight segments. As a consequence, the bottom-line of the SBU also got affected marginally compared to the previous year. The SBU was able to increase its business from the private sector by 3% on year-on-year basis, with the major increase coming from ocean export freight from Chennai, Mumbai and Kolkata branches. The Project Logistics team was able to bag prestigious orders and executed them very efficiently earning accolades from the customers. The SBU during the year continued to upgrade its existing operations software package, the benefits of which are likely to be experienced in the coming years. Balmer Lawrie & Company's ticketing SBU saw remarkable progress in turnover and profit in 2017-18. On the other hand, the Vacations vertical ended the financial year with lower turnover due to reduction in NRI business, lower GIT and FIT. The company's Refinery and Oil Field Services (ROFS) achieved targeted turnover and profit in 2017-18. The operational efficiency was maintained at the highest level with much higher throughput and capacity utilization compared to industry standards. The SBU upgraded its ISO certification from 2008 to 2015 version during the financial year 2017-18. The new certificate has been issued by DNV and is valid till March 2020. During the year 2019, the joint venture (JV) Transafe Services Ltd (TSL) was able to arrange credit from few suppliers, whereby it was possible to execute pending supplies to PSU entities. During the year 2019, the Company initiated steps for closing of operations of Balmer Lawrie (UK) Ltd. (BLUK), a subsidiary of the Company and is in the process of getting necessary statutory clearances from authorities in the United Kingdom. As part of this process, the shares of PT Balmer Lawrie Indonesia (PTBLI), which were held by BLUK has been transferred to Balmer Lawrie during the year under review. It is felt that the process of voluntary winding of the company would be completed during FY 2019-20. During the FY 2018-19, PT Balmer Lawrie Indonesia became a Joint Venture of the Company.

Balmer Lawrie & Company Ltd News Hub

News

Board of Balmer Lawrie & Company recommends final dividend

Balmer Lawrie & Company announced that the Board of Directors of the Company at its meetin...

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25 May 202410:40

News

Balmer Lawrie & Company to conduct board meeting

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 28...

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07 May 202413:01

News

Balmer Lawrie & Company announces board meeting date

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 24...

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07 May 202411:01

News

Balmer Lawrie & Co. jumps on hopes of dividend, capital restructuring

The board will review the audited financial results (both standalone and consolidated) for...

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07 May 202415:27

News

Balmer Lawrie & Company to hold board meeting

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 8 ...

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12 Jan 202409:41

News

Balmer Lawrie & Company to convene board meeting

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 7 ...

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12 Oct 202310:21

Product Composition by Percentage (Revenue)

FAQs for PE of Balmer Lawrie & Company Ltd

What is Balmer Lawrie & Company Ltd current share price?

The current market price of Balmer Lawrie & Company Ltd as of June 13, 2024 is ₹265.20.

What is Balmer Lawrie & Company Ltd's market cap?

Balmer Lawrie & Company Ltd's market capitalisation stood at ₹4,588 Cr as of June 13, 2024

What are Balmer Lawrie & Company Ltd's total net assets?

According to Balmer Lawrie & Company Ltd's most recent financial filings, the company's net assets total ₹1382.1 Cr.

Is Balmer Lawrie & Company Ltd making a profit or loss?

Balmer Lawrie & Company Ltd's net Profit as of June 13, 2024 is close to ₹261 Cr.
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