Balmer Lawrie and Company Ltd

Balmer Lawrie & Co. Ltd. has disclosed receiving a demand order from the GST department under the CGST/KGST Act, 2017, pertaining to the financial year 2020-21. The order, issued on August 17, 2026, alleges short declaration of outward supplies and discrepancies related to the reverse charge mechanism, resulting in a total demand of Rs 18.28 crore, comprised of Rs 8.81 crore in tax, Rs 8.59 crore in interest, and Rs 0.88 crore in penalty. Additionally, the Appellate Authority in Karnataka has determined disputed amounts of Rs 31.72 lakh (Rs 16.63 lakh tax, Rs 13.36 lakh interest, and Rs 1.73 lakh penalty), and the company is currently assessing the implications and potential legal remedies, stating the order is not expected to materially impact operations.

Balmer Lawrie & Company Ltd share price softened by 2.27% to Rs 172.4 after the company's net profit contracted by 13.42% to Rs 56.46 crore, while revenue from operations improved marginally 0.65% to Rs 748.73 crore in Q2FY26 over Q1FY26. The market capitalization of Diversified industry group stocks on BSE stood at Rs 94231.71 crore, expanding by 28.81%. It has eased by 1.15% over last one week and advanced by 11.13% in last one month while the market capitalization of Balmer Lawrie & Company Ltd has slipped by 1.17% and 8.32% in the same period respectively. Profit before tax (PBT) of Balmer Lawrie & Company Ltd stood at Rs 77.93 crore in Q2 FY26, gaining 9.13% year-on-year, and plunging by 18.37% quarter-on-quarter. EBITDA came in at Rs 89 crore, jumping 21.03% YoY and slipping 5.49% sequentially. Total expenses inched up 1.55% to Rs 668.59 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 495.4 crore, posting a minor increase of 4.13% YoY, while employee benefits expense was at Rs 69.57 crore, rising by 8.48% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 7.54% to Rs 2515.64 crore, while net profit eased 2.25% to Rs 194.82 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 25375% to Rs 262.55 crore, and PBT saw a minor gain of 0.48% to Rs 275.81 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 156.18 crore in FY26, as against Rs 274.22 crore in FY25. Balmer Lawrie & Company Ltd crashed 18.08% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.81% during the same period.

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 1 August 2026.

In separate regulatory filings, the state-run company said its board at an adjourned meeting held on 17 May 2026, renewed and deliberated on the compliance requirements under the centre's capital restructuring guidelines for central public sector enterprises (CPSEs). Following the review, the board decided not to buyback the shares of the company. It also chose not to recommend the issuance of bonus issue shares and rejected the proposal for splitting the company's equity share capital. The company said the decisions were taken after examining the consolidated guidelines on general principles and mechanism for capital restructuring of CPSEs issued by the department of investment and public asset management (DIPAM) under the Ministry of Finance through an office memorandum dated 18 November 2024. Earlier this month, Balmer Lawrie had informed exchanges that the board would consider proposals related to buyback, bonus shares and stock split, which had raised expectations among investors. Meanwhile, the company reported an 11.04% year-on-year increase in standalone profit from continuing operations to Rs 90.52 crore in Q4 FY26, compared with Rs 81.52 crore posted in Q4 FY25. Revenue from operations rose 22.65% YoY to Rs 740.36 crore during the quarter. Profit before tax (PBT) rose 7.09% to Rs 120.78 crore in the quarter ended 31st March 2026. Total expenses jumped 24.6% YoY to Rs 670.49 crore in Q4 FY26. Cost of material consumed stood at Rs 474.52 crore (up 30.82% YoY), finance cost was at Rs 7.67 crore (up 84.37% YoY) while employee benefit expenses stood at Rs 63.92 core (down 11.07%YoY) declined. On a full year basis, the company's standalone net profit rose 5.53% to Rs 245.67 crore on 8.21% rise in revenue from operations to Rs 2699.27 crore in FY26 over FY25. Furthermore, the company's board recommended a dividend of Rs 4.25 per share with a face value of Rs 10 each for FY26. Balmer Lawrie & Co. is engaged in diversified business with presence in both manufacturing and service businesses. The company is engaged in the business of industrial packaging, greases & lubricants, chemicals, logistic services and infrastructure, refinery & oil field and travel & vacation services in India.Powered by Capital Market - Live

Balmer Lawrie & Company announced that the Board of Directors of the Company at its meeting held on 17 May 2026, inter alia, have recommended the final dividend of Rs 4.25 per equity Share (i.e. 42.5%) , subject to the approval of the shareholders.

Net profit of Balmer Lawrie & Company rose 12.47% to Rs 84.52 crore in the quarter ended March 2026 as against Rs 75.15 crore during the previous quarter ended March 2025. Sales rose 22.32% to Rs 743.91 crore in the quarter ended March 2026 as against Rs 608.16 crore during the previous quarter ended March 2025. For the full year,net profit rose 4.00% to Rs 276.60 crore in the year ended March 2026 as against Rs 265.96 crore during the previous year ended March 2025. Sales rose 8.00% to Rs 2717.00 crore in the year ended March 2026 as against Rs 2515.64 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales743.91608.16 22 2717.002515.64 8 OPM %15.3215.56 -12.9112.43 - PBDT123.87106.19 17 363.68336.08 8 PBT95.4790.03 6 287.60275.81 4 NP84.5275.15 12 276.60265.96 4 Powered by Capital Market - Live

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 15 May 2026.

Balmer Lawrie & Company has fixed 11 March 2026 as record date for payment of interim dividend of Rs 4.25 per share of Rs 10 each for FY 2025-26. Powered by Capital Market - Live

Balmer Lawrie & Company announced that the Board of Directors of the Company at its meeting held on 5 March 2026, inter alia, have recommended the interim dividend of Rs 4.25 per equity Share (i.e. 42.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 5 March 2026.Powered by Capital Market - Live