Balmer Lawrie Investments (BLIL) had a P/E of 11.1× on 6 Nov 2026, below the industry P/E of 14.8×, and the shares are 11% below their 52-week high. Sales and net profit grew 4.7% and 17% a year over 3 years; its ROCE of 10% is the second-lowest among the 7 largest Conglomerates peers. It carries very little debt. It is a small-cap company with a market cap of ₹1,449 Cr, ranked 19th of 52 Conglomerates companies by market cap; the shares fell 8.5% over the past year.
- ₹65.25
- ₹65.50
- ₹64.71
- ₹65.16
- 40K
Health check
- ReturnsAhead
−8.5% over a year, better than 5 of 7 peers.
- Price tagCheaper
P/E 11.1 vs industry 14.8.
- GrowthSteady
Sales +4.7%, profit +17.2% a year over 3 years.
- ProfitabilityAverage
ROCE 10.3% vs peer median 12.8%.
- Balance sheetSolid
Debt 0.10× equity, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,449 Cr
- Small cap
- P/E
- 11.1
- Industry 14.8
- Price to book
- 1.01
- Peers 5.18
- Dividend yield
- 0.00%
- ROE
- 12.7%
- Peers 11.6%
- ROCE
- 10.3%
- Peers 12.8%
- Debt to equity
- 0.10
- Debt ₹220 Cr
- EPS (TTM)
- ₹5.88
- Face value ₹1
- OPM (TTM)
- 12.9%
- Net margin 6.3%
- Sales growth
- +9.9%
- Latest quarter vs a year ago
- Profit growth
- +1.9%
- Latest quarter vs a year ago
- Price to sales
- 0.51
- EV/EBITDA 4.3
Strengths and risks
Strengths
- Practically debt-free.
- P/E of 11.1 against an industry P/E of 14.8.
- Positive operating cash flow in each of the last 4 years.
About Balmer Lawrie Investments
Balmer Lawrie Investments Limited engages in the non banking financial activities in India. It is involved in industrial packaging, logistic services and infrastructure, travel and vacation, greases and lubricants, chemicals, refinery and oil field, investment, and other businesses. The company was incorporated in 2001 and is based in Kolkata, India.
- Headquarters
- Kolkata
- Sector
- Industrials
- ISIN
- INE525F01025
- Website
- blinv.com
Price range
- Avg volume (3M)
- 72.6K
- 1-year return
- minus 8.5%
- From 52-week high
- minus 11.1%
Peers · Conglomerates
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SRFSRF | 2,460.40 | minus 0.99% | 72,928 | 31.9 | 21.2 | 14.5% | 24.2% | 0.35 | 1.8% | minus 15.5% |
| TIINDIATube Investments of India | 2,170.00 | minus 5.65% | 42,005 | 62.9 | 16.6 | 12.8% | 9.9% | 0.05 | 15.5% | minus 23.1% |
| GODREJINDGodrej Industries | 955.85 | minus 2.40% | 32,198 | 27.4 | 32.4 | 12.3% | 10.4% | 2.22 | 9.8% | minus 11.6% |
| 3MINDIA3M India | 27,570.00 | minus 5.98% | 31,058 | 57.0 | 29.9 | 47.5% | 18.4% | 0.10 | 8.7% | minus 18.3% |
| THERMAXThermax | 2,746.30 | minus 17.27% | 30,937 | 52.6 | 26.6 | 15.3% | 12.4% | 0.42 | 9.8% | plus 1.5% |
| BEMLBEML | 1,953.20 | minus 1.89% | 16,268 | 28.0 | 55.7 | 5.9% | 7.3% | 0.11 | 3.0% | minus 7.4% |
| NAVANava | 529.15 | minus 0.99% | 14,991 | 19.8 | 7.9 | 11.1% | 38.4% | 0.21 | 6.8% | minus 12.1% |
| BLILBalmer Lawrie Investments | 65.26 | plus 0.15% | 1,449 | 11.1 | 3.0 | 10.3% | 12.9% | 0.10 | 4.7% | minus 8.5% |
| Median of 7 peers | – | −2.40% | 31,058 | 31.9 | 26.6 | 12.8% | 12.4% | 0.21 | 8.7% | −12.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 683 | 638 | 659 | 746 | 751 | |
| 604 | 574 | 580 | 618 | 662 | |
| 79.1 | 64.6 | 79.1 | 128 | 89.2 | |
| 11.6% | 10.1% | 12.0% | 17.1% | 11.9% | |
| 24.8 | 27.4 | 24.9 | 37.4 | 25.1 | |
| 14.5 | 15.6 | 17.6 | 28.4 | 19.7 | |
| – | −1.5 | −0.8 | −21.3 | – | |
| 89.4 | 74.9 | 85.6 | 115 | 94.6 | |
| 22.4% | 23.8% | 22.2% | 26.7% | 23.3% | |
| 44.7 | 36.9 | 42.7 | 54.1 | 45.5 | |
| 2.01 | 1.66 | 1.93 | 0.24 | 2.05 |
Profit & loss
- Sales CAGR 3Y
- +4.7%
- Profit CAGR 3Y
- +17.2%
- EPS CAGR 3Y
- +17.2%
- ROE
- 12.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,217 | 2,202 | 2,357 | 2,544 | |
| – | minus 0.7% | +7.0% | +7.9% | |
| 2,000 | 1,870 | 2,040 | 2,187 | |
| 217 | 332 | 317 | 357 | |
| 9.8% | 15.1% | 13.5% | 14.0% | |
| 98.2 | 94.9 | 105 | 104 | |
| 12.8 | 15.3 | – | – | |
| 56.8 | 59.2 | 60.3 | 76.1 | |
| −13.5 | −32.8 | −11.9 | −19.3 | |
| 232 | 319 | 350 | 365 | |
| 25.6% | 24.2% | 23.9% | 24.0% | |
| 111 | 155 | 172 | 178 | |
| – | +39.3% | +11.1% | +3.9% | |
| 5.00 | 6.96 | 7.73 | 8.04 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 22.2 | 22.2 | 22.2 | 22.2 | |
| 1,117 | 1,199 | 1,354 | 1,417 | |
| 121 | 113 | 106 | 220 | |
| 1,537 | 1,688 | 1,720 | 1,855 | |
| 2,798 | 3,022 | 3,201 | 3,514 | |
| 785 | 802 | 803 | 903 | |
| 27.7 | 54.1 | 69.8 | 34.4 | |
| 1.5 | 1.8 | 6.3 | 7.3 | |
| 575 | 661 | 606 | 600 | |
| 1,409 | 1,503 | 1,716 | 1,969 | |
| 2,798 | 3,022 | 3,201 | 3,514 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 206 | 280 | 164 | 294 | |
| −48.3 | −117 | 9.3 | −34.6 | |
| −145 | −172 | −183 | −265 | |
| 12.6 | −8.8 | −9.9 | −5.5 | |
| −52.4 | −52.6 | −67.9 | −63.8 | |
| 154 | 228 | 96 | 230 | |
| −109 | −122 | −139 | −217 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.