Balmer Lawrie & Company Ltd.
•₹ 174.640.37%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Industrial Packaging: 31.3% • Greases & Lubricants: 23.9% • Logistic Services: 20.6% • Travel & Tours: 9.8% • Logistrics Infrastructure & Services: 9.0% • Others: 5.3%
PROS
- Company is almost debt free
- Company has been maintaining a healthy dividend payout of 62.4%
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
- Offers a healthy dividend yield of 4.6%
- Attractively priced for its growth - PEG of 0.6
CONS
- A large part of profit comes from other income (28.5% of PBT)
- Company has delivered a poor profit growth of 5.6% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GRASIM | 3295.05 | 39.39 | 224254.70 | 0.30 | 3846.28 | 39.00 | 48716.20 | 21.43 | 9.72 | 22.94 |
| 2. | 3MINDIA | 33522.50 | 61.77 | 37763.33 | 1.51 | 157.15 | 21.62 | 1046.57 | -0.29 | 51.87 | 19.63 |
| 3. | DCMSHRIRAM | 1078.00 | 11.73 | 16810.58 | 1.04 | 693.44 | 509.24 | 3784.67 | 9.96 | 11.72 | 8.93 |
| 4. | HNDFDS | 654.30 | 50.93 | 7927.68 | 0.00 | 42.76 | 34.76 | 1201.08 | 20.75 | 14.89 | 8.35 |
| 5. | BALMLAWRIE | 173.60 | 10.64 | 2968.63 | 0.00 | 709.33 | 953.17 | 7487.32 | 1000.01 | 15.34 | 15.26 |
| 6. | KOTIC | 144.00 | 0.00 | 1555.51 | 0.00 | -28.90 | — | 52.44 | 98.47 | -16.89 | -42.58 |
| 7. | TTKHLTCARE | 1079.65 | 0.00 | 1525.58 | 0.93 | 21.28 | 63.68 | 257.56 | 13.75 | 7.72 | 5.72 |
| 8. | EMPIND | 1184.30 | 181.02 | 710.58 | 2.11 | 141.75 | 1372.73 | 1836.02 | 1000.72 | 18.16 | 10.77 |
| 9. | GILLANDERS | 94.01 | 11.51 | 200.64 | 0.00 | 2.52 | 146.16 | 91.34 | 3.34 | 6.08 | 7.01 |
| 10. | ASPINWALL | 246.55 | 12.25 | 192.76 | 2.64 | -0.70 | 78.59 | 113.18 | 25.76 | 8.42 | 0.96 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 589 | 581 | 579 | 569 | 631 | 634 | 626 | 604 | 676 | 630 | 653 | 740 | 742 | |
| 525 | 508 | 509 | 522 | 570 | 565 | 542 | 520 | 593 | 564 | 569 | 637 | 673 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 10 | 17 | 11 | 47 | 12 | 15 | 9 | 47 | 10 | 18 | 7 | 51 | 10 |
| Interest | 4 | 2 | 3 | 4 | 4 | 3 | 5 | 4 | 5 | 5 | 8 | 8 | 11 |
| Depreciation | 12 | 12 | 12 | 13 | 12 | 12 | 13 | 14 | 12 | 12 | 15 | 25 | 17 |
| 57 | 76 | 67 | 78 | 58 | 69 | 75 | 113 | 75 | 66 | 69 | 121 | 79 | |
| Tax % | 21.04% | 27.52% | 22.85% | 34.32% | 19.10% | 27.54% | 26.54% | 27.71% | 25.79% | 25.98% | 26.68% | 25.05% | 27.13% |
| Net Profit | 45 | 55 | 51 | 51 | 47 | 50 | 55 | 82 | 56 | 48 | 51 | 91 | 58 |
| 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 3 | 3 | 3 | 5 | 0 | |
| Equity Capital | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 | 171 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 589
- 525
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 4
- Depreciation
- 12
- 57
- Tax %
- 21.04%
- Net Profit
- 45
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 581
- 508
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 2
- Depreciation
- 12
- 76
- Tax %
- 27.52%
- Net Profit
- 55
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 579
- 509
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 3
- Depreciation
- 12
- 67
- Tax %
- 22.85%
- Net Profit
- 51
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 569
- 522
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 4
- Depreciation
- 13
- 78
- Tax %
- 34.32%
- Net Profit
- 51
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 631
- 570
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 4
- Depreciation
- 12
- 58
- Tax %
- 19.10%
- Net Profit
- 47
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 634
- 565
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 3
- Depreciation
- 12
- 69
- Tax %
- 27.54%
- Net Profit
- 50
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 626
- 542
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 5
- Depreciation
- 13
- 75
- Tax %
- 26.54%
- Net Profit
- 55
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 604
- 520
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 4
- Depreciation
- 14
- 113
- Tax %
- 27.71%
- Net Profit
- 82
- 5
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 676
- 593
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 5
- Depreciation
- 12
- 75
- Tax %
- 25.79%
- Net Profit
- 56
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 630
- 564
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 5
- Depreciation
- 12
- 66
- Tax %
- 25.98%
- Net Profit
- 48
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 653
- 569
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 8
- Depreciation
- 15
- 69
- Tax %
- 26.68%
- Net Profit
- 51
- 3
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 740
- 637
- Operating Profit
- —
- OPM %
- —
- Other Income
- 51
- Interest
- 8
- Depreciation
- 25
- 121
- Tax %
- 25.05%
- Net Profit
- 91
- 5
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 742
- 673
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 11
- Depreciation
- 17
- 79
- Tax %
- 27.13%
- Net Profit
- 58
- 0
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 171
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,595 | 1,706 | 1,725 | 1,775 | 1,530 | 1,522 | 2,042 | 2,310 | 2,319 | 2,494 | 2,766 | |
| 1,390 | 1,497 | 1,534 | 1,549 | 1,345 | 1,412 | 1,890 | 2,129 | 2,098 | 2,204 | 2,444 | |
| Operating Profit | 269 | 284 | 292 | 312 | 282 | 208 | 223 | 268 | 340 | 380 | — |
| OPM % | 17 | 17 | 17 | 18 | 18 | 14 | 11 | 12 | 15 | 15 | — |
| Other Income | 65 | 76 | 101 | 86 | 97 | 98 | 70 | 87 | 120 | 89 | 86 |
| Interest | 5 | 5 | 4 | 6 | 8 | 5 | 6 | 10 | 13 | 16 | 32 |
| Depreciation | 24 | 26 | 27 | 27 | 42 | 46 | 47 | 47 | 48 | 50 | 69 |
| 240 | 254 | 261 | 280 | 232 | 157 | 170 | 211 | 279 | 314 | 335 | |
| Tax % | 32 | 33 | 29 | 33 | 24 | 26 | 28 | 27 | 27 | 26 | 26 |
| Net Profit | 164 | 170 | 185 | 189 | 177 | 116 | 123 | 154 | 203 | 233 | 247 |
| EPS | 14 | 15 | 16 | 11 | 10 | 7 | 7 | 9 | 12 | 14 | — |
| Dividend Payout % | 35 | 47 | 62 | 67 | 72 | 88 | 91 | 83 | 71 | 62 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 10 | 10 | 11 | 11 | 10 | 7 | 7 | 9 | 12 | 14 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 10 | 10 | 11 | 11 | 10 | 7 | 7 | 9 | 12 | 14 | — |
Mar 2016
- 1,595
- 1,390
- Operating Profit
- 269
- OPM %
- 17
- Other Income
- 65
- Interest
- 5
- Depreciation
- 24
- 240
- Tax %
- 32
- Net Profit
- 164
- EPS
- 14
- Dividend Payout %
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2017
- 1,706
- 1,497
- Operating Profit
- 284
- OPM %
- 17
- Other Income
- 76
- Interest
- 5
- Depreciation
- 26
- 254
- Tax %
- 33
- Net Profit
- 170
- EPS
- 15
- Dividend Payout %
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2018
- 1,725
- 1,534
- Operating Profit
- 292
- OPM %
- 17
- Other Income
- 101
- Interest
- 4
- Depreciation
- 27
- 261
- Tax %
- 29
- Net Profit
- 185
- EPS
- 16
- Dividend Payout %
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2019
- 1,775
- 1,549
- Operating Profit
- 312
- OPM %
- 18
- Other Income
- 86
- Interest
- 6
- Depreciation
- 27
- 280
- Tax %
- 33
- Net Profit
- 189
- EPS
- 11
- Dividend Payout %
- 67
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2020
- 1,530
- 1,345
- Operating Profit
- 282
- OPM %
- 18
- Other Income
- 97
- Interest
- 8
- Depreciation
- 42
- 232
- Tax %
- 24
- Net Profit
- 177
- EPS
- 10
- Dividend Payout %
- 72
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2021
- 1,522
- 1,412
- Operating Profit
- 208
- OPM %
- 14
- Other Income
- 98
- Interest
- 5
- Depreciation
- 46
- 157
- Tax %
- 26
- Net Profit
- 116
- EPS
- 7
- Dividend Payout %
- 88
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2022
- 2,042
- 1,890
- Operating Profit
- 223
- OPM %
- 11
- Other Income
- 70
- Interest
- 6
- Depreciation
- 47
- 170
- Tax %
- 28
- Net Profit
- 123
- EPS
- 7
- Dividend Payout %
- 91
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2023
- 2,310
- 2,129
- Operating Profit
- 268
- OPM %
- 12
- Other Income
- 87
- Interest
- 10
- Depreciation
- 47
- 211
- Tax %
- 27
- Net Profit
- 154
- EPS
- 9
- Dividend Payout %
- 83
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2024
- 2,319
- 2,098
- Operating Profit
- 340
- OPM %
- 15
- Other Income
- 120
- Interest
- 13
- Depreciation
- 48
- 279
- Tax %
- 27
- Net Profit
- 203
- EPS
- 12
- Dividend Payout %
- 71
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2025
- 2,494
- 2,204
- Operating Profit
- 380
- OPM %
- 15
- Other Income
- 89
- Interest
- 16
- Depreciation
- 50
- 314
- Tax %
- 26
- Net Profit
- 233
- EPS
- 14
- Dividend Payout %
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
TTM
- 2,766
- 2,444
- Operating Profit
- —
- OPM %
- —
- Other Income
- 86
- Interest
- 32
- Depreciation
- 69
- 335
- Tax %
- 26
- Net Profit
- 247
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -1%
- 5 Years:
- 10%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 5%
- 5 Years:
- 7%
- 3 Years:
- 26%
STOCK PRICE CAGR
- 10 Years:
- 4%
- 5 Years:
- 7%
- 3 Years:
- 6%
- 1 Year:
- -23%
RETURN ON EQUITY
- 10 Years:
- 14%
- 5 Years:
- 12%
- 3 Years:
- 14%
- Last Year:
- 16%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 29 | 114 | 114 | 114 | 171 | 171 | 171 | 171 | 171 | 171 |
| 1,036 | 1,052 | 1,142 | 1,186 | 1,149 | 1,137 | 1,149 | 1,185 | 1,256 | 1,357 | |
| 0 | 0 | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 224 | 307 | 323 | 293 | 218 | 271 | 273 | 304 | 311 | 292 |
| 299 | 312 | 269 | 289 | 344 | 346 | 353 | 435 | 493 | 530 | |
| Total Liabilities | 1,588 | 1,786 | 1,852 | 1,883 | 1,882 | 1,925 | 1,945 | 2,095 | 2,232 | 2,350 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 393 | 396 | 400 | 401 | 565 | 572 | 581 | 584 | 583 | 581 | |
| Capital Work in Progress | 7 | 23 | 13 | 117 | 24 | 32 | 11 | 27 | 52 | 67 |
| 57 | 87 | 138 | 140 | 130 | 130 | 130 | 130 | 90 | 91 | |
| 120 | 152 | 137 | 143 | 145 | 160 | 201 | 205 | 193 | 193 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 420 | 473 | |
| Cash & Bank | 444 | 509 | 481 | 438 | 450 | 532 | 416 | 448 | 524 | 457 |
| 566 | 619 | 683 | 645 | 569 | 499 | 607 | 701 | 369 | 488 | |
| Total Assets | 1,588 | 1,786 | 1,852 | 1,883 | 1,882 | 1,925 | 1,945 | 2,095 | 2,232 | 2,350 |
| Total Debt | 0 | 0 | 15 | 15 | 11 | 5 | 0 | 0 | 0 | 0 |
| Net Working Capital | 622 | 660 | 716 | 652 | 662 | 659 | 695 | 703 | 799 | 908 |
| Contingent Liabilities | 114 | 124 | 192 | 113 | 71 | 170 | 168 | 220 | 189 | 191 |
| Book Value per Share | 373.65 | 102.28 | 110.16 | 114.05 | 77.17 | 76.47 | 77.18 | 79.31 | 83.46 | 89.35 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 0 | 0 | 15 | 15 | 11 | 5 | 0 | 0 | 0 | 0 |
| Net Working Capital | 622 | 660 | 716 | 652 | 662 | 659 | 695 | 703 | 799 | 908 |
| Contingent Liabilities | 114 | 124 | 192 | 113 | 71 | 170 | 168 | 220 | 189 | 191 |
| Book Value per Share | 373.65 | 102.28 | 110.16 | 114.05 | 77.17 | 76.47 | 77.18 | 79.31 | 83.46 | 89.35 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 29
- 1,036
- 0
- Trade Payables
- 224
- 299
- Total Liabilities
- 1,588
- 393
- Capital Work in Progress
- 7
- 57
- 120
- 0
- Cash & Bank
- 444
- 566
- Total Assets
- 1,588
- Total Debt
- 0
- Net Working Capital
- 622
- Contingent Liabilities
- 114
- Book Value per Share
- 373.65
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 622
- Contingent Liabilities
- 114
- Book Value per Share
- 373.65
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 114
- 1,052
- 0
- Trade Payables
- 307
- 312
- Total Liabilities
- 1,786
- 396
- Capital Work in Progress
- 23
- 87
- 152
- 0
- Cash & Bank
- 509
- 619
- Total Assets
- 1,786
- Total Debt
- 0
- Net Working Capital
- 660
- Contingent Liabilities
- 124
- Book Value per Share
- 102.28
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 660
- Contingent Liabilities
- 124
- Book Value per Share
- 102.28
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 114
- 1,142
- 4
- Trade Payables
- 323
- 269
- Total Liabilities
- 1,852
- 400
- Capital Work in Progress
- 13
- 138
- 137
- 0
- Cash & Bank
- 481
- 683
- Total Assets
- 1,852
- Total Debt
- 15
- Net Working Capital
- 716
- Contingent Liabilities
- 192
- Book Value per Share
- 110.16
- Face Value
- 10.00
- Total Debt
- 15
- Net Working Capital
- 716
- Contingent Liabilities
- 192
- Book Value per Share
- 110.16
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 114
- 1,186
- 1
- Trade Payables
- 293
- 289
- Total Liabilities
- 1,883
- 401
- Capital Work in Progress
- 117
- 140
- 143
- 0
- Cash & Bank
- 438
- 645
- Total Assets
- 1,883
- Total Debt
- 15
- Net Working Capital
- 652
- Contingent Liabilities
- 113
- Book Value per Share
- 114.05
- Face Value
- 10.00
- Total Debt
- 15
- Net Working Capital
- 652
- Contingent Liabilities
- 113
- Book Value per Share
- 114.05
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 171
- 1,149
- 0
- Trade Payables
- 218
- 344
- Total Liabilities
- 1,882
- 565
- Capital Work in Progress
- 24
- 130
- 145
- 0
- Cash & Bank
- 450
- 569
- Total Assets
- 1,882
- Total Debt
- 11
- Net Working Capital
- 662
- Contingent Liabilities
- 71
- Book Value per Share
- 77.17
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 662
- Contingent Liabilities
- 71
- Book Value per Share
- 77.17
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 171
- 1,137
- 0
- Trade Payables
- 271
- 346
- Total Liabilities
- 1,925
- 572
- Capital Work in Progress
- 32
- 130
- 160
- 0
- Cash & Bank
- 532
- 499
- Total Assets
- 1,925
- Total Debt
- 5
- Net Working Capital
- 659
- Contingent Liabilities
- 170
- Book Value per Share
- 76.47
- Face Value
- 10.00
- Total Debt
- 5
- Net Working Capital
- 659
- Contingent Liabilities
- 170
- Book Value per Share
- 76.47
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 171
- 1,149
- 0
- Trade Payables
- 273
- 353
- Total Liabilities
- 1,945
- 581
- Capital Work in Progress
- 11
- 130
- 201
- 0
- Cash & Bank
- 416
- 607
- Total Assets
- 1,945
- Total Debt
- 0
- Net Working Capital
- 695
- Contingent Liabilities
- 168
- Book Value per Share
- 77.18
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 695
- Contingent Liabilities
- 168
- Book Value per Share
- 77.18
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 171
- 1,185
- 0
- Trade Payables
- 304
- 435
- Total Liabilities
- 2,095
- 584
- Capital Work in Progress
- 27
- 130
- 205
- 0
- Cash & Bank
- 448
- 701
- Total Assets
- 2,095
- Total Debt
- 0
- Net Working Capital
- 703
- Contingent Liabilities
- 220
- Book Value per Share
- 79.31
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 703
- Contingent Liabilities
- 220
- Book Value per Share
- 79.31
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 171
- 1,256
- 0
- Trade Payables
- 311
- 493
- Total Liabilities
- 2,232
- 583
- Capital Work in Progress
- 52
- 90
- 193
- 420
- Cash & Bank
- 524
- 369
- Total Assets
- 2,232
- Total Debt
- 0
- Net Working Capital
- 799
- Contingent Liabilities
- 189
- Book Value per Share
- 83.46
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 799
- Contingent Liabilities
- 189
- Book Value per Share
- 83.46
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 171
- 1,357
- 0
- Trade Payables
- 292
- 530
- Total Liabilities
- 2,350
- 581
- Capital Work in Progress
- 67
- 91
- 193
- 473
- Cash & Bank
- 457
- 488
- Total Assets
- 2,350
- Total Debt
- 0
- Net Working Capital
- 908
- Contingent Liabilities
- 191
- Book Value per Share
- 89.35
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 908
- Contingent Liabilities
- 191
- Book Value per Share
- 89.35
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 132 | 172 | 109 | 175 | 171 | 217 | -22 | 169 | 217 | 111 | |
| Cash from Investing | -54 | -108 | 16 | -34 | -26 | -56 | 158 | -22 | -69 | 56 |
| Cash from Financing | -66 | -73 | -106 | -144 | -172 | -146 | -124 | -134 | -157 | -177 |
| 12 | -9 | 20 | -4 | -27 | 15 | 12 | 13 | -10 | -10 | |
| Free Cash Flow | 132 | 128 | 79 | 52 | 61 | 163 | -33 | 134 | 165 | 56 |
| OCF / Net Profit | 0.81 | 1.01 | 0.59 | 0.93 | 0.97 | 1.87 | -0.18 | 1.10 | 1.07 | 0.48 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 454 | 484 | 323 | 378 | 490 | 486 |
| OCF / Net Profit | 0.81 | 1.01 | 0.59 | 0.93 | 0.97 | 1.87 | -0.18 | 1.10 | 1.07 | 0.48 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 454 | 484 | 323 | 378 | 490 | 486 |
Mar 2016
- 132
- Cash from Investing
- -54
- Cash from Financing
- -66
- 12
- Free Cash Flow
- 132
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.81
- Cumulative 5-Year FCF
- 0
Mar 2017
- 172
- Cash from Investing
- -108
- Cash from Financing
- -73
- -9
- Free Cash Flow
- 128
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 0
Mar 2018
- 109
- Cash from Investing
- 16
- Cash from Financing
- -106
- 20
- Free Cash Flow
- 79
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 0
Mar 2019
- 175
- Cash from Investing
- -34
- Cash from Financing
- -144
- -4
- Free Cash Flow
- 52
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
Mar 2020
- 171
- Cash from Investing
- -26
- Cash from Financing
- -172
- -27
- Free Cash Flow
- 61
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 454
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 454
Mar 2021
- 217
- Cash from Investing
- -56
- Cash from Financing
- -146
- 15
- Free Cash Flow
- 163
- OCF / Net Profit
- 1.87
- Cumulative 5-Year FCF
- 484
- OCF / Net Profit
- 1.87
- Cumulative 5-Year FCF
- 484
Mar 2022
- -22
- Cash from Investing
- 158
- Cash from Financing
- -124
- 12
- Free Cash Flow
- -33
- OCF / Net Profit
- -0.18
- Cumulative 5-Year FCF
- 323
- OCF / Net Profit
- -0.18
- Cumulative 5-Year FCF
- 323
Mar 2023
- 169
- Cash from Investing
- -22
- Cash from Financing
- -134
- 13
- Free Cash Flow
- 134
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 378
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 378
Mar 2024
- 217
- Cash from Investing
- -69
- Cash from Financing
- -157
- -10
- Free Cash Flow
- 165
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 490
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 490
Mar 2025
- 111
- Cash from Investing
- 56
- Cash from Financing
- -177
- -10
- Free Cash Flow
- 56
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 486
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 486
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 57.67 | 14.95 | 16.21 | 16.53 | 10.36 | 6.81 | 7.18 | 9.00 | 11.90 | 13.61 |
| Book Value (₹) | 373.65 | 102.28 | 110.16 | 114.05 | 77.17 | 76.47 | 77.18 | 79.31 | 83.46 | 89.35 |
| Dividend per Share (₹) | 20.00 | 7.00 | 10.00 | 11.00 | 7.50 | 6.00 | 6.50 | 7.50 | 8.50 | 8.50 |
| Cash EPS (₹) | 11.01 | 11.48 | 12.36 | 12.59 | 12.81 | 9.48 | 9.91 | 11.74 | 14.72 | 16.51 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.67% | 15.56% | 16.60% | 17.60% | 18.46% | 13.63% | 10.90% | 11.60% | 9.50% | 11.64% |
| Net Margin % | 9.58% | 9.32% | 10.51% | 10.62% | 11.58% | 7.65% | 6.01% | 6.66% | 8.78% | 9.33% |
| ROE % | 16.70% | 15.28% | 15.26% | 14.75% | 13.53% | 8.86% | 9.35% | 11.50% | 14.62% | 15.76% |
| ROCE % | 24.87% | 23.19% | 21.78% | 22.10% | 18.18% | 12.25% | 13.37% | 16.53% | 20.99% | 22.34% |
| 10.83% | 10.10% | 10.16% | 10.09% | 9.41% | 6.12% | 6.35% | 7.62% | 9.41% | 10.16% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 63 | 51 | 57 | 56 | 66 | 67 | 54 | 53 | 61 | 65 |
| Inventory Days | 27 | 27 | 30 | 29 | 34 | 37 | 32 | 32 | 31 | 28 |
| Payable Days | 82 | 90 | 107 | 101 | 101 | 90 | 69 | 65 | 73 | 67 |
| 8 | -11 | -19 | -16 | -1 | 14 | 17 | 21 | 20 | 27 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 53.81x | 57.01x | 62.78x | 51.40x | 30.10x | 30.62x | 30.33x | 22.52x | 21.65x | 20.25x |
| 2.35x | 2.15x | 2.33x | 2.25x | 2.36x | 2.27x | 2.35x | 2.12x | 2.17x | 2.34x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -41.81% | 7.01% | 1.10% | 2.91% | -13.83% | -0.50% | 34.19% | 13.10% | 0.37% | 7.59% |
| Operating Profit Growth % | 11.12% | 5.85% | 2.60% | 7.02% | -9.62% | -26.50% | 7.30% | 20.37% | 27.00% | 11.54% |
| Net Profit Growth % | 11.47% | 3.69% | 8.45% | 1.99% | -6.01% | -34.27% | 5.46% | 25.29% | 32.25% | 14.41% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 32.25% | 14.41% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.07x | 13.57x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.86x | 2.07x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.56% | 4.60% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.45x | 7.11x |
Mar 2016
- EPS (₹)
- 57.67
- Book Value (₹)
- 373.65
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 11.01
- Operating Margin %
- 15.67%
- Net Margin %
- 9.58%
- ROE %
- 16.70%
- ROCE %
- 24.87%
- 10.83%
- Debtor Days
- 63
- Inventory Days
- 27
- Payable Days
- 82
- 8
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 53.81x
- 2.35x
- Revenue Growth %
- -41.81%
- Operating Profit Growth %
- 11.12%
- Net Profit Growth %
- 11.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 14.95
- Book Value (₹)
- 102.28
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 11.48
- Operating Margin %
- 15.56%
- Net Margin %
- 9.32%
- ROE %
- 15.28%
- ROCE %
- 23.19%
- 10.10%
- Debtor Days
- 51
- Inventory Days
- 27
- Payable Days
- 90
- -11
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 57.01x
- 2.15x
- Revenue Growth %
- 7.01%
- Operating Profit Growth %
- 5.85%
- Net Profit Growth %
- 3.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 16.21
- Book Value (₹)
- 110.16
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 12.36
- Operating Margin %
- 16.60%
- Net Margin %
- 10.51%
- ROE %
- 15.26%
- ROCE %
- 21.78%
- 10.16%
- Debtor Days
- 57
- Inventory Days
- 30
- Payable Days
- 107
- -19
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 62.78x
- 2.33x
- Revenue Growth %
- 1.10%
- Operating Profit Growth %
- 2.60%
- Net Profit Growth %
- 8.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 16.53
- Book Value (₹)
- 114.05
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 12.59
- Operating Margin %
- 17.60%
- Net Margin %
- 10.62%
- ROE %
- 14.75%
- ROCE %
- 22.10%
- 10.09%
- Debtor Days
- 56
- Inventory Days
- 29
- Payable Days
- 101
- -16
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 51.40x
- 2.25x
- Revenue Growth %
- 2.91%
- Operating Profit Growth %
- 7.02%
- Net Profit Growth %
- 1.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 10.36
- Book Value (₹)
- 77.17
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 12.81
- Operating Margin %
- 18.46%
- Net Margin %
- 11.58%
- ROE %
- 13.53%
- ROCE %
- 18.18%
- 9.41%
- Debtor Days
- 66
- Inventory Days
- 34
- Payable Days
- 101
- -1
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 30.10x
- 2.36x
- Revenue Growth %
- -13.83%
- Operating Profit Growth %
- -9.62%
- Net Profit Growth %
- -6.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 6.81
- Book Value (₹)
- 76.47
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 9.48
- Operating Margin %
- 13.63%
- Net Margin %
- 7.65%
- ROE %
- 8.86%
- ROCE %
- 12.25%
- 6.12%
- Debtor Days
- 67
- Inventory Days
- 37
- Payable Days
- 90
- 14
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 30.62x
- 2.27x
- Revenue Growth %
- -0.50%
- Operating Profit Growth %
- -26.50%
- Net Profit Growth %
- -34.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 7.18
- Book Value (₹)
- 77.18
- Dividend per Share (₹)
- 6.50
- Cash EPS (₹)
- 9.91
- Operating Margin %
- 10.90%
- Net Margin %
- 6.01%
- ROE %
- 9.35%
- ROCE %
- 13.37%
- 6.35%
- Debtor Days
- 54
- Inventory Days
- 32
- Payable Days
- 69
- 17
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 30.33x
- 2.35x
- Revenue Growth %
- 34.19%
- Operating Profit Growth %
- 7.30%
- Net Profit Growth %
- 5.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.00
- Book Value (₹)
- 79.31
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 11.74
- Operating Margin %
- 11.60%
- Net Margin %
- 6.66%
- ROE %
- 11.50%
- ROCE %
- 16.53%
- 7.62%
- Debtor Days
- 53
- Inventory Days
- 32
- Payable Days
- 65
- 21
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 22.52x
- 2.12x
- Revenue Growth %
- 13.10%
- Operating Profit Growth %
- 20.37%
- Net Profit Growth %
- 25.29%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.90
- Book Value (₹)
- 83.46
- Dividend per Share (₹)
- 8.50
- Cash EPS (₹)
- 14.72
- Operating Margin %
- 9.50%
- Net Margin %
- 8.78%
- ROE %
- 14.62%
- ROCE %
- 20.99%
- 9.41%
- Debtor Days
- 61
- Inventory Days
- 31
- Payable Days
- 73
- 20
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 21.65x
- 2.17x
- Revenue Growth %
- 0.37%
- Operating Profit Growth %
- 27.00%
- Net Profit Growth %
- 32.25%
- 32.25%
- P/E (x)
- 20.07x
- P/B (x)
- 2.86x
- Dividend Yield %
- 3.56%
- 10.45x
Mar 2025
- EPS (₹)
- 13.61
- Book Value (₹)
- 89.35
- Dividend per Share (₹)
- 8.50
- Cash EPS (₹)
- 16.51
- Operating Margin %
- 11.64%
- Net Margin %
- 9.33%
- ROE %
- 15.76%
- ROCE %
- 22.34%
- 10.16%
- Debtor Days
- 65
- Inventory Days
- 28
- Payable Days
- 67
- 27
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 20.25x
- 2.34x
- Revenue Growth %
- 7.59%
- Operating Profit Growth %
- 11.54%
- Net Profit Growth %
- 14.41%
- 14.41%
- P/E (x)
- 13.57x
- P/B (x)
- 2.07x
- Dividend Yield %
- 4.60%
- 7.11x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-21 - Newspaper Publication regarding the Special Window from 5th February, 2026 to 4th February, 2027 for transfer and dematerialization (demat) of physical securities
- Appointment
2026-08-18 - In terms of Regulation 30 of the Listing Regulations, this is to hereby inform that in line with recommendation of Nomination and Remuneration Committee (applicable only with respect to serial (i) and (ii) stated below) and pursuant to Letter bearing reference no. CA-31033/1/2026-CA-PNG (55708) dated 12th August, 2026 received from the Ministry of Petroleum & Natural Gas, Government of India, being the Administrative Ministry, the Board of Directors of the Company at its Meeting held on 18th August, 2026 has, inter-alia, considered and approved the followingAppointment of CA Vivek Mittal (DIN: 07616604) as an Additional Non-Executive Director in the designation of Independent Director of the Company with immediate effect upto the date of the next General Meeting (subject to approval by the shareholders at the ensuing Annual General Meeting).
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.