Arthneeti

Balmer Lawrie & Company Q2 FY27 Share Price & Earnings Call Analysis

₹172.44-2.15% today
Market cap
₹2,948 Cr
P/E
9.76
ROE
13.70%
PEG
0.57
Price to sales
1.00
Debt to equity
0.16
52W high / low
₹197 / ₹149
Sales growth (5Y)
12.15%
EBITDA margin
13.76%
Net profit margin
9.99%
Sales (last year)
₹2,950 Cr

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Balmer Lawrie rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Balmer Lawrie & Company latest results (Sep 2026)

Revenue

₹801 Cr

+26% YoY

Net profit

₹79 Cr

+44% YoY

Operating margin

13%

EPS

₹4.65

What management said on the call →

Balmer Lawrie & Company shareholding (Sep 2026)

Promoters

—

— QoQ

FIIs

2.38%

unchanged QoQ

DIIs

1.79%

unchanged QoQ

Public

95.81%

+0.02 pp QoQ

Full shareholding pattern →Dividend history →

Financials of Balmer Lawrie

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Balmer Lawrie

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
FIIs +2.12%2.71%3.07%3.22%3.58%2.58%2.34%2.26%2.16%2.22%2.38%2.38%
DIIs +2.21%2.09%1.93%1.90%1.89%1.79%1.79%1.79%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 +95.63%95.17%94.98%94.85%94.50%95.61%95.84%95.94%96.03%95.96%95.79%95.81%
No. of Shareholders89,28993,4111,01,9121,06,1731,07,4451,11,4081,10,1441,11,4901,09,2291,09,4201,08,6311,07,766

Financials of Balmer Lawrie

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +586585577638639630608681635657744749801
YoY Sales growth+6%+14%-5%+8%+9%+8%+5%+7%-1%+4%+22%+10%+26%
Expenses +511511485574569546514597568571630649695
Operating Profit75749164708495836786114100106
OPM %13%13%16%10%11%13%16%12%11%13%15%13%13%
Other Income +13111812119189117201111
Interest55665967710101311
Depreciation14141514141516141618282019
Profit before tax69648856626890715565957886
Tax %31%24%31%20%30%29%35%27%31%28%32%28%30%
Net Profit +63667363616274675565837179
EPS in Rs3.733.904.313.733.663.774.394.033.313.894.944.184.65

Financials of Balmer Lawrie

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +3,2541,5911,7021,7201,7721,5321,5262,0512,3122,3282,5052,7062,950
Sales growth+4%-51%+7%+1%+3%-14%-0%+34%+13%+1%+8%+8%+15%
Expenses +3,0311,3861,4921,5021,5391,3421,3851,8822,1092,0232,1922,3562,544
Operating Profit223205211219233189141169202305313351406
OPM %7%13%12%13%13%12%9%8%9%13%12%13%14%
Other Income +64635651515149373751504647
Interest2355471512141822273344
Depreciation46242627305255575759607685
Profit before tax218240236238247173123136164274276288324
Tax %30%32%34%31%35%32%33%35%35%27%29%30%
Net Profit +152164155165197155115134168236259270298
EPS in Rs8.899.589.059.6611.659.437.048.0510.0514.0215.5516.1817.66
Dividend Payout %34%35%52%69%63%80%85%81%75%61%55%53%

Financials of Balmer Lawrie

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital2828114114114171171171171171171171171
Reserves1,0151,2101,2471,3421,4061,3831,3711,4161,5101,6501,7981,8981,964
Borrowings +197-0-01581120125122121113106220341
Other Liabilities +6705596697206826607127368609399661,0611,149
Total Liabilities1,9111,7982,0302,1912,2822,3342,3792,4452,6622,8733,0403,3493,624
Fixed Assets +577393397410568770767767760751737883870
CWIP1211631381172432112852673454
Investments0248271293325375386436518565632730758
Other Assets +1,3221,1461,2991,3501,2721,1651,1941,2311,3561,5051,6041,7021,943
Total Assets1,9111,7982,0302,1912,2822,3342,3792,4452,6622,8733,0403,3493,624

Financials of Balmer Lawrie

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +2011501811291941892442208274156289
Cash from Investing Activity +-42-71-117-19-137-60-80137-48-10523-38
Cash from Financing Activity +-143-66-73-86-78-162-149-127-147-178-189-259
Net Cash Flow1613-924-21-34151212-9-10-7
Free Cash Flow11011110326-1140200-1615822290225
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit123%116%126%94%119%129%191%28%127%111%80%107%

Financials of Balmer Lawrie

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days535360575765695657677072
Inventory Days487751464757595146666757
Days Payable4414410410896881006968108104118
Cash Conversion Cycle56-148-4835283835253312
Working Capital Days23-2430394449304939396259
ROCE %20%20%18%17%16%11%8%8%10%16%15%15%
19out of 100

Momentum score · price trend

19 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,937 stocks
Last 12 months−10.4%41%
Last 6 months−11.4%25%
Last 3 months−0.6%58%

The price is 45% below its all-time high of ₹313.75 (18 May 2024). Stocks more than 20% below their peak have their score halved, so 38 became 19.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,937 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Balmer Lawrie: 0.4 × 41 + 0.4 × 25 + 0.2 × 58 = 38, halved to 19 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 13 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Balmer Lawrie & Company: frequently asked questions

What is Balmer Lawrie & Company share price today?

Balmer Lawrie & Company last traded at ₹172.44, with a market capitalisation of ₹2,948 Cr and a P/E ratio of 9.8.

What were Balmer Lawrie & Company's latest quarterly results?

For the quarter ended Sep 2026, Balmer Lawrie & Company reported revenue of ₹801 Cr (+26% year on year) and net profit of ₹79 Cr, with an operating margin of 13%.

Is Balmer Lawrie & Company's profit growing?

Net profit was ₹79 Cr in Sep 2026 against ₹55 Cr in Sep 2025, a change of +44%.

What is Balmer Lawrie & Company's EPS?

Balmer Lawrie & Company's earnings per share for the quarter ended Sep 2026 was ₹4.65.

How much do FIIs and DIIs hold in Balmer Lawrie & Company?

In Sep 2026, foreign institutional investors held 2.38% and domestic institutions (including mutual funds) held 1.79% of Balmer Lawrie & Company.

What is Balmer Lawrie & Company's ROE and ROCE?

Balmer Lawrie & Company's return on equity is 13.7% and its return on capital employed is 14.6%.

Does Balmer Lawrie & Company pay a dividend?

Yes. Balmer Lawrie & Company's dividend yield is 5.19% at the current price. The full payout history is on the Balmer Lawrie & Company dividends page.

What did Balmer Lawrie & Company's management say on the latest earnings call?

Arthneeti's analysis of the Q2 FY27 earnings call covers revenue, margins, capex and fundraising guidance from Balmer Lawrie & Company's management.

How does Arthneeti AI analyse Balmer Lawrie & Company?

Arthneeti reads Balmer Lawrie & Company's earnings call transcripts and filings and scores revenue growth, margins, capex and fundraising, then ranks the company against its sector.

Continue your research

What Balmer Lawrie's management said in earlier quarters