Balmer Lawrie & Company Q1 results, quarter to Jun 2026

NSE: BALMLAWRIEBSE: 523319DiversifiedSmall Cap

Balmer Lawrie & Company Limited · Face value ₹10 · Listed Jul 1990 on BSE, Jul 1995 on NSE

₹155.57₹1.15 (0.74%)BSE ₹156.10

Share price at the NSE close on 28 Oct 2026. Previous close ₹154.42.

28 Oct: open ₹154.00, high ₹156.72, low ₹153.25

52-week range of traded prices to 28 Oct 2026

₹148.00Low, 22 Oct 2026₹206.10High, 29 Oct 2025

Next results date: the board meets on 2 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar

Market cap: ₹2,660 Cr970th largest listed
P/E: 9.53
P/B: 1.29
Dividend yield: 5.46%
ROE: 13.8%
ROCE: 13.3%
Debt to equity: 0.04
Volume, NSE: 58,46653.1% delivered

Balmer Lawrie & Company filed its Q1 results for the quarter to Jun 2026 on 1 Aug 2026 at 6:55 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Balmer Lawrie & Company annual results and balance sheet

Revenue: ₹749 Cr+10.0% on a year ago · +0.6% on the quarter before
Operating profit: ₹100 Cr+20.0% on a year ago · −12.4% on the quarter before
Net profit: ₹71 Cr+5.3% on a year ago · −14.3% on the quarter before
Earnings per share: ₹4.18−15.6% on the quarter before
Operating margin: 13.3%
Net margin: 9.5%

From revenue to net profit, ₹ crore

Revenue749
Materials and goods−484
Employee costs−70
Other expenses−95
Operating profit100
Depreciation−20
Other income+11
Finance costs−13
Profit before tax78
Tax−21
Joint ventures+14
Net profit71

Balmer Lawrie & Company results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹749 Cr, quarter to Jun 2026; lowest ₹577 Cr, quarter to Mar 2024

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4	Jun 2025Q1	Sep 2025Q2	Dec 2025Q3	Mar 2026Q4	Jun 2026Q1
Revenue from operations	489	505	575	648	551	514	608	592	586	585	577	638	639	630	608	681	635	657	744	749
	457	469	511	587	513	464	556	528	511	511	485	574	569	546	514	597	568	571	630	649
Materials and goods bought	349	356	399	458	395	349	421	400	386	384	374	430	435	412	378	448	413	423	488	484
Employee costs	56	59	56	60	57	54	79	58	56	57	72	67	57	60	72	71	66	66	64	70
Other expenses	52	54	57	68	60	60	55	69	69	70	39	76	77	74	63	79	88	82	78	95
Operating profit before depreciation	32	36	64	61	39	50	52	65	75	74	91	64	70	84	95	83	67	86	114	100
Operating margin	6.5%	7.1%	11.2%	9.5%	7.0%	9.7%	8.6%	10.9%	12.8%	12.6%	15.9%	10.0%	11.0%	13.3%	15.6%	12.2%	10.6%	13.1%	15.3%	13.3%
Depreciation and amortisation	14	14	14	14	14	14	14	15	14	14	15	15	14	15	16	14	16	18	28	20
Other income	7	5	15	8	8	3	17	10	13	11	18	12	11	9	18	9	11	7	20	11
Finance costs	3	4	3	5	4	5	5	6	5	5	6	6	5	9	6	7	7	10	10	13
One-off items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	23	23	63	51	29	34	51	54	69	64	88	56	62	68	90	71	55	65	95	78
	8	5	27	11	11	10	26	12	21	15	27	11	19	20	31	19	17	18	30	21
Current tax	8	8	21	15	11	11	17	16	21	20	29	17	20	22	29	22	19	22	32	23
Deferred tax	−1	−2	6	−3	0	−1	9	−4	0	−5	−2	−6	−1	−2	3	−2	−2	−4	−2	−2
Tax rate	33.2%	23.3%	42.6%	22.0%	37.1%	28.8%	50.9%	22.5%	30.7%	23.7%	30.5%	19.9%	30.4%	29.1%	34.7%	27.2%	30.7%	28.3%	31.7%	27.5%
Share of profit of joint ventures and associates	11	9	10	16	16	11	18	14	15	17	12	18	18	14	15	15	–	18	18	14
	26	26	46	55	34	35	43	56	63	66	73	63	61	62	74	67	38	65	83	71
Belonging to the company's shareholders	27	27	47	56	35	36	45	57	64	67	74	64	63	64	75	69	57	67	85	71
Belonging to outside owners of subsidiaries	−1	−1	−1	−1	−1	−1	−1	−1	−1	−1	0	−1	−1	−3	−2	−2	–	−2	−2	0
Other comprehensive income	0	0	−8	0	0	0	−6	0	0	0	−4	0	0	0	13	–	0	0	0	0
Total comprehensive income	26	26	39	55	34	35	38	56	63	66	69	63	61	62	86	–	38	65	83	71
Net margin	5.4%	5.2%	8.1%	8.5%	6.2%	6.8%	7.1%	9.4%	10.7%	11.2%	12.7%	9.9%	9.6%	9.8%	12.1%	9.9%	6.1%	9.9%	11.1%	9.5%
Net margin without joint ventures and associates	3.1%	3.5%	6.2%	6.1%	3.3%	4.7%	4.1%	7.0%	8.1%	8.4%	10.6%	7.0%	6.8%	7.6%	9.7%	7.6%	–	7.1%	8.8%	7.5%
Earnings per share	₹1.58	₹1.58	₹2.76	₹3.28	₹2.06	₹2.10	₹2.61	₹3.35	₹3.74	₹3.89	₹4.32	₹3.73	₹3.66	₹3.77	₹4.39	–	₹3.31	₹3.89	₹4.95	₹4.18

Earnings per share in rupees, restated for later splits and bonuses.

The quarter to Jun 2025 was restated in the company's filing of 6 Nov 2025. The table shows the restated figures.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Balmer Lawrie & Company segment results by year

Industrial Packaging
Revenue, ₹ crore
199
183
193
260
203
187
188
242
212
192
217
309
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
14
11
10
18
12
13
13
21
14
8
11
31
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Greases & Lubricants
Revenue, ₹ crore
168
176
168
170
151
151
169
164
157
163
182
115
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
25
27
24
19
17
20
27
20
17
19
21
9
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Logistics Services
Revenue, ₹ crore
121
104
112
109
152
160
129
156
128
139
151
173
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
16
16
17
13
24
24
16
23
18
22
24
26
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Travel & Vacations
Revenue, ₹ crore
49
66
53
61
70
82
51
68
83
99
134
79
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
20
28
16
25
26
33
34
28
35
44
30
35
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Logistics Infrastructure
Revenue, ₹ crore
62
61
62
59
66
67
70
68
70
76
66
82
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
9
9
13
7
5
7
5
8
8
8
3
13
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Others
Revenue, ₹ crore
27
44
33
25
42
29
47
26
26
28
38
31
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
−11
−21
13
−21
−17
−20
2
−21
−29
−26
16
−24
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	626	634	621	684	683	675	654	723	675	697	789	789
Company revenue, as in its results	586	585	577	638	639	630	608	681	635	657	744	749
Revenue	199	183	193	260	203	187	188	242	212	192	217	309
Revenue growth	24.5%	23.5%	5.2%	1.8%	1.8%	2.0%	−2.7%	−7.0%	4.3%	2.6%	15.3%	27.7%
Profit	14	11	10	18	12	13	13	21	14	8	11	31
Profit growth	–	167.3%	−6.4%	−14.2%	−14.3%	17.3%	25.4%	13.8%	20.7%	−38.0%	−15.9%	48.9%
Margin	6.9%	6.1%	5.2%	7.1%	5.8%	7.0%	6.7%	8.7%	6.8%	4.3%	4.9%	10.1%
Assets	440	405	411	474	457	417	403	450	453	428	417	560
Liabilities	117	112	120	160	116	110	108	141	98	95	123	158
Capital employed	323	293	290	313	341	307	295	309	356	333	293	402
Revenue	168	176	168	170	151	151	169	164	157	163	182	115
Revenue growth	5.3%	10.4%	−0.1%	4.2%	−10.3%	−14.2%	1.0%	−3.7%	4.2%	8.2%	7.7%	−29.6%
Profit	25	27	24	19	17	20	27	20	17	19	21	9
Profit growth	113.2%	86.2%	54.4%	21.1%	−33.7%	−27.7%	10.2%	2.1%	−0.5%	−4.3%	−22.6%	−53.1%
Margin	15.0%	15.6%	14.4%	11.5%	11.1%	13.1%	15.7%	12.1%	10.6%	11.6%	11.3%	8.1%
Assets	235	233	229	235	238	243	254	259	258	257	230	256
Liabilities	67	59	62	68	60	62	67	61	62	61	57	55
Capital employed	168	174	167	167	178	181	187	198	196	196	173	201
Revenue	121	104	112	109	152	160	129	156	128	139	151	173
Revenue growth	−19.1%	−15.0%	−21.4%	33.1%	25.9%	54.2%	15.7%	43.3%	−15.9%	−13.0%	17.0%	11.1%
Profit	16	16	17	13	24	24	16	23	18	22	24	26
Profit growth	−21.3%	−4.1%	−1.9%	56.8%	50.6%	49.4%	−6.8%	72.9%	−24.3%	−8.8%	49.1%	15.7%
Margin	13.2%	15.4%	15.4%	12.1%	15.7%	14.9%	12.4%	14.7%	14.2%	15.6%	15.8%	15.3%
Assets	126	129	132	149	184	164	149	196	255	298	254	291
Liabilities	100	109	103	92	104	92	93	130	182	211	211	221
Capital employed	26	21	28	56	80	73	56	65	73	87	43	70
Revenue	49	66	53	61	70	82	51	68	83	99	134	79
Revenue growth	12.7%	68.6%	31.7%	25.4%	42.9%	23.1%	−4.9%	10.7%	19.0%	21.4%	164.8%	17.2%
Profit	20	28	16	25	26	33	34	28	35	44	30	35
Profit growth	37.8%	71.9%	7.3%	6.1%	29.8%	20.3%	107.0%	12.1%	33.6%	32.1%	−11.6%	25.9%
Margin	40.9%	41.8%	30.8%	40.4%	37.1%	40.8%	67.1%	40.9%	41.7%	44.4%	22.4%	44.0%
Assets	439	488	364	436	485	583	510	570	659	746	629	680
Liabilities	147	136	132	142	159	154	134	144	153	155	154	141
Capital employed	292	351	232	294	325	429	376	426	506	591	475	540
Revenue	62	61	62	59	66	67	70	68	70	76	66	82
Revenue growth	19.9%	1.8%	15.2%	8.5%	5.9%	10.2%	12.6%	15.0%	5.9%	13.9%	−5.2%	21.5%
Profit	9	9	13	7	5	7	5	8	8	8	3	13
Profit growth	12.4%	−9.4%	26.7%	−7.2%	−40.0%	−19.3%	−65.7%	8.2%	49.1%	18.7%	−23.2%	67.3%
Margin	14.5%	14.3%	21.2%	12.4%	8.2%	10.4%	6.5%	11.7%	11.6%	10.9%	5.2%	16.1%
Assets	378	375	423	417	414	409	417	413	414	409	418	424
Liabilities	184	182	223	213	218	223	237	240	246	253	267	277
Capital employed	194	194	200	204	196	186	181	173	168	156	151	147
Revenue	27	44	33	25	42	29	47	26	26	28	38	31
Revenue growth	−1.8%	59.9%	−45.7%	−20.0%	56.0%	−33.7%	42.2%	5.2%	−38.5%	−4.2%	−18.2%	16.3%
Profit	−11	−21	13	−21	−17	−20	2	−21	−29	−26	16	−24
Profit growth	–	–	–	–	–	–	−82.3%	–	–	–	633.7%	–
Margin	−40.3%	−48.3%	38.4%	−85.5%	−39.3%	−68.4%	4.8%	−80.3%	−112.7%	−92.9%	42.8%	−79.3%
Assets	1,117	1,177	1,314	1,311	1,127	1,115	1,307	1,326	1,190	1,155	1,401	1,435
Liabilities	432	444	384	443	438	423	412	448	528	486	454	647
Capital employed	685	733	930	867	690	692	895	877	662	668	947	788

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

Balmer Lawrie & Company results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Industrial Packaging

Greases & Lubricants

Logistics Services

Travel & Vacations

Logistics Infrastructure

Others