Skip to main content
TipRanks
Go Ultimate75% OFF

Balmer Lawrie & Co. Ltd. (BALMLAWRIE) AI Stock Analysis

1 Followers
IN:BALMLAWRIE

Balmer Lawrie & Co. Ltd.

(NSE:BALMLAWRIE)

Select Model
Rating:78Outperform
Price Target:INR 205.00▲(14.27% Upside)
Action:reiterated
Date:11/12/26

The score is driven primarily by strong financial quality (notably a low-leverage balance sheet and solid profitability) and attractive valuation (low P/E with a high dividend yield). Technicals are supportive due to the uptrend, but near-overbought signals (high RSI/stochastic) and cash-flow volatility slightly temper the overall rating.

Positive Factors
Multi-year revenue growthContinued revenue expansion indicates that Balmer Lawrie is maintaining demand across its industrial and service activities over multiple years. This supports operating scale, provides a foundation for sustained earnings growth, and reduces reliance on a single period of unusually strong performance.
Negative Factors
Variable cash generationUneven free cash flow generation makes internally funded growth less predictable and can complicate capital allocation. Although FY2026 free cash flow was positive, the historical swings indicate that accounting earnings do not consistently translate into cash available for reinvestment, debt reduction, or dividends.

Balmer Lawrie & Co. Ltd. (BALMLAWRIE) vs. iShares MSCI India ETF (INDA)

-25%-20%-15%-10%-5%0%5%IN:BALMLAWRIE-1.93%INDA-4.82%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
INR 30.71B
Dividend Yield
4.74%
Average Volume (3M)
22.36K
Price to Earnings (P/E)
10.2
Beta (1Y)
1.19
Revenue Growth
15.49%
EPS Growth
13.92%
Country
India
Employees
863
Sector
General
Sector Strength
55
Industry
Conglomerates

Balmer Lawrie & Co. Ltd. Business Overview & Revenue Model

Company Description

Balmer Lawrie & Co. Ltd., established in Kolkata, India, in 1867, operates globally and domestically as a subsidiary of Balmer Lawrie Investments Limited. The company's diverse business portfolio encompasses industrial packaging, the production of sp...

How the Company Makes Money

Balmer Lawrie makes money by earning revenue across its diversified business segments, primarily through (1) product sales and (2) service fees/contract income. On the manufacturing side, it generates revenue from the sale of industrial packaging pro...

Balmer Lawrie & Co. Ltd. Financial Statement Overview

Summary

Overall fundamentals are solid: steady revenue growth and ~10% net/EBIT margins support earnings quality, and the balance sheet is conservatively financed with low leverage. The main drag is cash-flow variability and only moderate cash-to-earnings conversion in recent years.

Income Statement

74Positive

Balance Sheet

86Very Positive

Cash Flow

63Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue27.85B27.17B25.16B21.93B23.21B20.55B
Gross Profit8.00B6.01B8.60B6.17B6.98B2.54B
EBITDA3.95B3.51B3.18B3.56B2.39B2.06B
Net Income2.79B2.77B2.66B2.62B1.72B1.38B
Balance Sheet
Total Assets033.49B30.40B28.73B26.62B24.46B
Cash, Cash Equivalents and Short-Term Investments4.53B4.42B4.47B5.14B4.41B4.10B
Total Debt02.20B1.06B1.13B1.21B1.22B
Total Liabilities-20.83B12.66B10.51B10.25B9.50B8.23B
Stockholders Equity20.83B20.69B19.69B18.21B16.81B15.88B
Cash Flow
Free Cash Flow-918.63M2.31B883.01M2.22B1.55B-206.86M
Operating Cash Flow-682.24M2.95B1.56B2.74B2.08B23.04M
Investing Cash Flow1.64B-665.09M227.58M-1.05B-482.83M1.37B
Financing Cash Flow-972.89M-2.36B-1.89B-1.78B-1.47B-1.27B

Balmer Lawrie & Co. Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price179.40

Price Trends

50DMA162.98Positive
100DMA168.02Positive
200DMA169.30Positive

Market Momentum

MACD2.00Negative
RSI77.68Negative
STOCH67.90Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BALMLAWRIE, the sentiment is Positive. The current price of 179.40 is above the 20-day moving average (MA) of 159.12, above the 50-day MA of 162.98, and above the 200-day MA of 169.30, indicating a bullish trend. The MACD of 2.00 indicates Negative momentum. The RSI at 77.68 is Negative, neither overbought nor oversold. The STOCH value of 67.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BALMLAWRIE.

Balmer Lawrie & Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:BALMLAWRIE against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:BALMLAWRIEIN:BALMLAWRIE78OutperformINR 28.23B10.16―4.74%15.49%13.92%
IN:MSTCLTDIN:MSTCLTD65NeutralINR 42.50B19.80―2.38%21.02%-44.88%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:TIINDIAIN:TIINDIA51NeutralINR 427.47B66.13―0.15%22.93%6.88%
IN:CARBORUNIVIN:CARBORUNIV49NeutralINR 200.49B134.64―0.39%11.93%-26.55%
IN:STCINDIAIN:STCINDIA41NeutralINR 6.25B1.01―――2545.89%
IN:MMTCIN:MMTC40UnderperformINR 80.96B26.97――-1.36%36.55%

* General Sector Average

Performance Comparison

-20%0%20%40%IN:BALMLAWRIEIN:CARBORUNIVIN:MMTCIN:MSTCLTDIN:STCINDIAIN:TIINDIADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
IN:BALMLAWRIE and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:BALMLAWRIEBalmer Lawrie & Co. Ltd.179.40-3.91-2.13%
IN:CARBORUNIVCarborundum Universal Limited1038.65150.0116.88%
IN:MMTCMMTC Limited54.26-12.58-18.82%
IN:MSTCLTDMSTC Ltd.659.70147.0428.68%
IN:STCINDIAState Trading Corporation of India Limited110.40-19.10-14.75%
IN:TIINDIATube Investments of India Limited2263.45-766.94-25.31%

Balmer Lawrie & Co. Ltd. Corporate Events

Balmer Lawrie Challenges GST Appellate Order in Karnataka High Court

Oct 6, 2026

Balmer Lawrie & Co. Ltd. has filed a writ petition before the High Court of Karnataka challenging an appellate order under the CGST/KGST Act for the financial year 2020-21, linked to a previously disclosed penalty matter. The disputed order concerns...

Balmer Lawrie Files AGM Voting Results, Highlights Governance Compliance

Sep 22, 2026

Balmer Lawrie & Co. Ltd. is a Government of India enterprise engaged in industrial packaging, greases and lubricants, chemicals, travel and vacations, logistics services including infrastructure and cold chain, and refinery and oil field services, gi...

Balmer Lawrie revamps board with new government and independent directors

Sep 22, 2026

Balmer Lawrie & Co. Ltd. has announced changes to its board following approvals at its 109th Annual General Meeting held on 21 September 2026 in Kolkata. Shareholders cleared the appointment of a new government nominee director and two non-executive...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 12, 2026