The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Balmer Lawrie and Company Limited is an India-based company, which is engaged in steel barrels, industrial greases and specialty lubricants, corporate travel, and logistics services. It is also engaged in the business of industrial packaging, greases and lubricants, chemicals…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history.
Balmer Lawrie & Co is scored on the general / industrial framework. It keeps a slim 7.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.43× reported profit. It throws off free cash worth 9.0% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 5%/yr and profit at 24%/yr. Book value has grown 7%/yr. Return on equity is a healthy 14.2%. In the latest quarter profit fell 13% versus the prior quarter.
At 10× earnings, the stock sits at the 4th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~-2%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 9.38 | 11.6 | better |
| P/B | 1.31 | 2.21 | better |
| EV/EBITDA | 6.13 | 32.1 | better |
| ROE | 14.15 | 2.78 | better |
| ROCE | 14.84 | 6.01 | better |
| ROA | 6.3 | 2.01 | better |
| Quick Ratio | 1.92 | 2 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| 3M India | 58.2 | 16.6 | 27.2% |
| NAVA | 15.4 | 1.7 | 9.0% |
| DCM Shriram | 10.1 | 1.7 | 16.3% |
Revenue has grown every year across all 4 financial years shown. 5% CAGR — growing but slowly.
Profit is growing faster than revenue (24% vs 5%) — margin expansion is at work.
Operating margin has expanded from 7% to 10% — the business is keeping more of each rupee earned.
ROE at 10% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (24% vs 17%) — share dilution is eroding per-share value. 17% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.4× PAT — earnings are well-backed by cash; strong accrual quality. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 16% above earlier ones.
Profit fell 13% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.