BALMLAWRIE · Balmer Lawrie & Company Ltd · Misc. Fabricated Products
BALMLAWRIE · Balmer Lawrie & Company Ltd · Misc. Fabricated Products
As of 06 Nov close
52-week range
19.6% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹749 Cr
Revenue YoY
PAT YoY
+3.6%
Operating margin
Revenue, last 5 quarters
Source: Yahoo Finance, as of 30 Jun 2026
P/E (TTM)
P/B
1.3
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+5.5%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BALMLAWRIE (this stock) | 9.6 | 1.3 | +10.0% | +13.4% | 0.11 | +5.5% |
| Bharat Forge * | 145.1 | 9.9 | +4.0% | +7.4% | 0.76 | +0.4% |
| Havells India * | 44.5 | 8.6 | +6.9% | +17.3% | 0.03 | +0.9% |
| Schaeffler India * | 52.3 | 10.2 | +11.9% | +20.4% | 0.01 | +0.9% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
Not available from data source
FII
rising 2q
MF
0.10% (+0.02pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowbusiness-standard.com· 21 Sept 2026, 01:29 pmBalmer Lawrie to expand domestic rail, third-party logistics operations
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedBalmer Lawrie & Company Limited's FY2025-26 annual report highlights its commitment to corporate governance, sustainability, and inclusive growth. The company invested in CSR initiatives aligned with UN SDGs and national priorities, focusing on healthcare, education, women's empowerment, and environmental sustainability. It emphasized workforce development through training programs and leadership initiatives like the Women Leadership Development Program 'Pragati'. The report also outlined strategic priorities across its business units, including expanding logistics networks, enhancing digital capabilities, and pursuing innovation in greases and lubricants. Risks mentioned include market competition, geopolitical uncertainties, and regulatory compliance challenges.
- Commitment to corporate governance and inclusive growth through CSR initiatives aligned with UN SDGs.
- Focus on workforce development with training programs and leadership initiatives like 'Pragati'.
- Strategic expansion in logistics, digital transformation, and innovation in greases and lubricants.
- Discontinuation of the sludge processing business due to increased competition and economic viability concerns.
Key takeaway: Balmer Lawrie emphasizes corporate governance, sustainability, and strategic expansion across its business units while navigating challenges from competition and geopolitical factors.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (5 items); Regulatory Action (5 items); Default / Covenant Breach (4 items); Investigation or enforcement mention (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
5 occurrencesRecent (last 12 months)
The statutory auditors issued a qualified opinion on their report on the internal financial controls over financial reporting for FY 2025-26.
Earlier (1-3 years ago)
The auditors of VPLPL reported that the subsidiary has continuous financial losses, weak financial ratios, and negative working capital, indicating material uncertainty about its ability to continue as a going concern.
The auditor notes that the company has not received confirmations for trade receivables, loans, advances, and deposits, which are subject to reconciliation and adjustments once confirmation is received. Additionally, the company has made a 50% provision on its investment in VPLPL due to a significant erosion of VPLPL's net worth.
Older (3+ years ago)
The auditor issued a qualified opinion on M/s Balmer Lawrie (UAE) LLC for (i) provision for expected losses on raw material inventory not in accordance with applicable standards and (ii) absence of sufficient audit evidence on provisions for discounts to trade receivables payable to customers.
The auditor, Balme Lawrie&Co. Ltd., issued an Emphasis of Matter in the audit report, highlighting uncertainties related to unreconciled trade receivables, lack of provisions for subsidiary investments, and unpaid liabilities under litigation.
Regulatory Action
5 occurrencesRecent (last 12 months)
The company was fined by BSE and NSE for non-compliance with Regulation 17(1) due to not having a woman director, woman independent director, and six directors on the board during specified periods.
Earlier (1-3 years ago)
Balmer Lawrie&Co. Ltd. was fined 5,36,900 INR (inclusive of GST) by BSE Limited and National Stock Exchange of India Limited for non-compliance with Regulation 17(1) of SEBI (LODR) Regulations, 2015 regarding board composition for the quarter ended 30th June, 2024. The company has not paid the fine and is awaiting the stock exchange's response to its waiver request.
Balmer Lawrie and Co. Ltd. was fined 5,36,900 INR (inclusive of GST) by BSE Limited and National Stock Exchange of India Limited for non-compliance with Regulation 17(1) of SEBI (LODR) Regulations, 2015 regarding board composition for the quarter ended 30 June 2023. The company has not paid the fine and has applied for a waiver, awaiting the exchange's response.
Older (3+ years ago)
The company has filed an appeal to the NCLAT against the NCLT's orders regarding the cancellation of TSL's share capital, and the matter is pending adjudication.
The company was fined Rs. 5,31 for non-compliance of Regulation 17(1) of the SEBI (LODR) Regulations, 2015 regarding the composition of the Board for the quarter ended 31st March, 2019 by BSE Ltd.
Default / Covenant Breach
4 occurrencesRecent (last 12 months)
The company did not comply with the composition requirements of several committees from March 2025 to March 2026 due to dependency on the Administrative Ministry, which is a government entity.
Earlier (1-3 years ago)
The Audit Committee is tasked with looking into the reasons for substantial defaults in the payment to depositors, debenture-holders, shareholders (in case of non-payment of declared dividends) and creditors.
Older (3+ years ago)
The company's subsidiary, Transafe Services Ltd., underwent a Corporate Insolvency Resolution Process (CIRP) which resulted in the cancellation of its equity and preference shares, leading to the company losing joint control and significant influence over it.
The Company adjusted ₹3.01 crore against TSL's outstanding dues and wrote off the balance after TSL was referred to NCLT, where the Company's claims were not considered.
Investigation or enforcement mention
2 occurrencesRecent (last 12 months)
The company has ongoing investigations into complaints related to indiscipline, dishonesty, negligence, and dereliction of duty. These complaints were received from various sources, including 4 anonymous and 1 pseudonymous complaints.
Earlier (1-3 years ago)
The company has an ongoing investigation into alleged fraud at a branch, with Rs 190.25 Lakhs recorded as recoverable from the vendor and a provision created. The matter was reported to the branch auditor, who referenced it in their audit report, and the Vigilance Department is continuing the investigation.
Routine disclosures
Internal Control Weakness
2 occurrencesRecent (last 12 months)
The statutory auditors identified a material weakness in internal financial controls over financial reporting as of 31 March 2026, related to customer and vendor balance confirmations and unallocated receipts, and a deficiency in controls over digital loyalty coupons leading to unauthorized redemptions aggregating Rs 16.56 Lakhs.
Earlier (1-3 years ago)
The Statutory Auditor identified a material weakness in the Logistics Services of Northern Region due to inadequate internal control system for processing payments as of 31st March, 2025.
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has tax matters under dispute involving judgment to determine possible outcomes, disclosed as contingent liability in Note No.42.3(a) of the standalone financial statements.
Earlier (1-3 years ago)
The company has disputed tax demands amounting to ₹10,873.76 Lakhs against which it has lodged appeals, and has issued a corporate guarantee of ₹7,650.00 Lakhs for a subsidiary's loan, along with pending fines from BSE and NSE for non-compliance with SEBI regulations.
The company has tax matters under dispute involving judgment to determine possible outcomes, disclosed as contingent liability by management.
Older (3+ years ago)
The company has disclosed contingent liabilities related to ongoing tax disputes, with management estimating possible outcomes based on assessment orders and rulings.
The company has tax matters under dispute involving judgment to determine possible outcomes, disclosed as contingent liability in the standalone financial statements.
Related-Party Transaction
4 occurrencesEarlier (1-3 years ago)
The Company obtained post facto approval from the Audit Committee for some related party transactions entered during the year.
The company obtained post facto approval from the Audit Committee for some related party transactions entered during the year.
Older (3+ years ago)
The company has transactions with related parties, including investments in shares of a joint venture and loans, with amounts totaling INR 12,829.92 in investments and INR 6,340.76 in dividends paid.
The company had a related-party transaction with TSL, which was resolved through a capital reduction plan approved by the NCLT, leading to TSL no longer being a related party. The company is appealing the NCLT's decision, and the demat account service provider unilaterally reduced the company's investments in TSL.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
The company did not comply with the minimum number of Non-Executive Directors and Independent Directors required under Listing Regulations from 1st April 2023 to 31st March 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
5.66% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).