Balmer Lawrie Share Price ₹174 | P/E 12.0

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

Financials of Balmer Lawrie

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	608	592	586	585	577	638	639	630	608	681	635	657	744
Expenses +	556	528	511	511	485	574	569	546	514	597	568	571	630
Operating Profit	52	65	75	74	91	64	70	84	95	83	67	86	114
OPM %	9%	11%	13%	13%	16%	10%	11%	13%	16%	12%	11%	13%	15%
Other Income +	17	10	13	11	18	12	11	9	18	9	11	7	20
Interest	5	6	5	5	6	6	5	9	6	7	7	10	10
Depreciation	14	15	14	14	15	14	14	15	16	14	16	18	28
Profit before tax	51	54	69	64	88	56	62	68	90	71	55	65	95
Tax %	51%	22%	31%	24%	31%	20%	30%	29%	35%	27%	31%	28%	32%
Net Profit +	43	56	63	66	73	63	61	62	74	67	55	65	83
EPS in Rs	2.61	3.35	3.73	3.90	4.31	3.73	3.66	3.77	4.39	4.03	3.31	3.89	4.94

Financials of Balmer Lawrie

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	3,254	1,591	1,702	1,720	1,772	1,532	1,526	2,051	2,312	2,328	2,505	2,717
Expenses +	3,031	1,386	1,492	1,502	1,539	1,342	1,385	1,882	2,109	2,023	2,192	2,366
Operating Profit	223	205	211	219	233	189	141	169	202	305	313	351
OPM %	7%	13%	12%	13%	13%	12%	9%	8%	9%	13%	12%	13%
Other Income +	64	63	56	51	51	51	49	37	37	51	50	46
Interest	23	5	5	4	7	15	12	14	18	22	27	33
Depreciation	46	24	26	27	30	52	55	57	57	59	60	76
Profit before tax	218	240	236	238	247	173	123	136	164	274	276	288
Tax %	30%	32%	34%	31%	35%	32%	33%	35%	35%	27%	29%	30%
Net Profit +	152	164	155	165	197	155	115	134	168	236	259	270
EPS in Rs	8.89	9.58	9.05	9.66	11.65	9.43	7.04	8.05	10.05	14.02	15.55	16.18
Dividend Payout %	34%	35%	52%	69%	63%	80%	85%	81%	75%	61%	55%	0%

Financials of Balmer Lawrie

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	28	28	114	114	114	171	171	171	171	171	171	171
Reserves	1,015	1,210	1,247	1,342	1,406	1,383	1,371	1,416	1,510	1,650	1,798	1,898
Borrowings +	197	0	0	15	81	120	125	122	121	113	106	220
Other Liabilities +	670	559	669	720	682	660	712	736	860	939	966	1,061
Total Liabilities	1,911	1,798	2,030	2,191	2,282	2,334	2,379	2,445	2,662	2,873	3,040	3,349
Fixed Assets +	577	393	397	410	568	770	767	767	760	751	737	883
CWIP	12	11	63	138	117	24	32	11	28	52	67	34
Investments	0	248	271	293	325	375	386	436	518	565	632	730
Other Assets +	1,322	1,146	1,299	1,350	1,272	1,165	1,194	1,231	1,356	1,505	1,604	1,702
Total Assets	1,911	1,798	2,030	2,191	2,282	2,334	2,379	2,445	2,662	2,873	3,040	3,349

Financials of Balmer Lawrie

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	201	150	181	129	194	189	244	2	208	274	156	289
Cash from Investing Activity +	-42	-71	-117	-19	-137	-60	-80	137	-48	-105	23	-38
Cash from Financing Activity +	-143	-66	-73	-86	-78	-162	-149	-127	-147	-178	-189	-259
Net Cash Flow	16	13	-9	24	-21	-34	15	12	12	-9	-10	-7
Free Cash Flow	110	111	103	26	-1	140	200	-16	158	222	90	225
CFO/OP	123%	116%	126%	94%	119%	129%	191%	28%	127%	111%	80%	107%

Financials of Balmer Lawrie

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	53	53	60	57	57	65	69	56	57	67	70	72
Inventory Days	48	77	51	46	47	57	59	51	46	66	67	35
Days Payable	44	144	104	108	96	88	100	69	68	108	104	71
Cash Conversion Cycle	56	-14	8	-4	8	35	28	38	35	25	33	35
Working Capital Days	23	-24	30	39	44	49	30	49	39	39	62	59
ROCE %	20%	20%	18%	17%	16%	11%	8%	8%	10%	16%	15%	15%

Balmer Lawrie Share Price & Earnings Call Analysis