Balmer Lawrie Key Ratios
NSE: BALMLAWRIE | BSE: 523319
₹159.30
As on 01-Oct-2026IST
Market cap
₹2,728 Cr
Revenue (TTM)
₹2,785 Cr
P/E Ratio
9.8
P/B Ratio
1.3
Div. Yield
5.3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.65 | 10.00 | 8.87 | 7.12 | 9.89 |
| EBIT | -6.30 | 16.69 | 5.39 | 24.51 | 18.23 |
| Net Profit | -15.51 | 3.59 | 2.96 | 17.27 | 11.63 |
| EPS | -15.51 | 3.59 | 2.96 | 17.27 | 11.63 |
| Book Value | -- | -- | 5.10 | 7.17 | 6.06 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 8.89 | 7.86 | 10.28 | 9.68 | 9.78 |
| Net Margin
| 8.71 | 6.36 | 7.30 | 7.29 | 7.57 |
| Return on equity
| 15.44 | 8.78 | 13.91 | 10.03 | 10.28 |
| Return on Capital
| 22.15 | 13.28 | -- | 15.33 | 15.34 |
| Return on Assets
| 9.85 | 5.60 | 6.48 | 6.34 | 6.59 |
| Debt to Equity (x)
| -- | -- | 0.03 | 0.04 | 0.04 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
15.33
|
15.34
|
16.17
|
10.56
|
|
Peer Median
|
--
|
15.33
|
17.85
|
18.19
|
--
|
ROE
13.91
Higher than Peers by 2.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
13.91
|
10.03
|
10.28
|
11.38
|
6.54
|
|
Peer Median
|
11.59
|
10.03
|
11.83
|
14.24
|
--
|
ROA
6.48
Higher than Peers by 0.03
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
6.48
|
6.34
|
6.59
|
7.20
|
4.19
|
|
Peer Median
|
6.44
|
5.87
|
9.09
|
6.20
|
--
|
EBIT Margin
10.28
Higher than Peers by 1.67
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
10.28
|
9.68
|
9.78
|
9.01
|
5.69
|
|
Peer Median
|
8.61
|
10.28
|
37.22
|
35.84
|
--
|
Net Margin
7.30
Lower than Peers by 1.03
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
7.30
|
7.29
|
7.57
|
8.22
|
4.51
|
|
Peer Median
|
8.34
|
7.29
|
13.45
|
8.99
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
10.25
|
10.14
|
11.05
|
7.05
|
|
Peer Median
|
--
|
--
|
0.00
|
0.00
|
--
|
Revenue Growth
8.87
Higher than Peers by 0.64
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
8.87
|
8.00
|
7.54
|
0.76
|
12.95
|
|
Peer Median
|
8.23
|
--
|
535.58
|
42.41
|
--
|
EBIT Growth
5.39
Higher than Peers by 2.35
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
5.39
|
6.92
|
16.73
|
59.67
|
25.76
|
|
Peer Median
|
3.04
|
18.04
|
24.49
|
16.55
|
--
|
Net Profit Growth
2.96
Lower than Peers by 6.23
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
2.96
|
3.90
|
-2.25
|
86.49
|
20.50
|
|
Peer Median
|
9.18
|
17.89
|
19.59
|
86.48
|
--
|
EPS Growth
2.96
Lower than Peers by 2.78
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
2.96
|
4.00
|
14.91
|
41.63
|
21.96
|
|
Peer Median
|
5.74
|
17.89
|
1.68
|
422.22
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
5.10
|
8.12
|
8.33
|
5.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.03
Higher than Peers by 0.02
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
0.03
|
0.04
|
0.04
|
0.04
|
0.05
|
|
Peer Median
|
0.02
|
0.25
|
0.06
|
0.11
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
--
|
--
|
0.00
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.13
Lower than Peers by 0.08
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
2.13
|
2.13
|
2.27
|
2.08
|
2.08
|
|
Peer Median
|
2.22
|
3.41
|
2.08
|
2.15
|
--
|
Quick Ratio
1.92
Lower than Peers by 0.05
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
1.92
|
1.92
|
1.99
|
1.81
|
1.76
|
|
Peer Median
|
1.97
|
3.46
|
4.76
|
4.15
|
--
|
Interest Coverage
8.43
Lower than Peers by 3.25
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
8.43
|
9.59
|
11.40
|
13.45
|
10.16
|
|
Peer Median
|
11.68
|
9.59
|
14.98
|
9.86
|
--
|
Operating Efficiency
Debtors to sales
19.21
Lower than Peers by 0.46
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
19.21
|
19.69
|
19.03
|
18.25
|
15.54
|
|
Peer Median
|
19.67
|
22.02
|
35.38
|
46.30
|
--
|
Asset Turnover
0.87
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
0.87
|
0.85
|
0.85
|
0.85
|
0.91
|
|
Peer Median
|
0.72
|
0.87
|
0.85
|
0.85
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
68.08
|
65.70
|
61.46
|
53.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
24.28
|
28.00
|
31.07
|
31.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
66.29
|
67.57
|
73.19
|
64.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
--
|
26.07
|
26.13
|
19.34
|
20.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
9.78
Lower than Peers by 10.92
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
9.78
|
9.22
|
11.88
|
17.64
|
11.59
|
|
Peer Median
|
20.70
|
27.22
|
15.19
|
17.64
|
--
|
Price / Book Value
1.28
Lower than Peers by 0.13
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
1.28
|
1.23
|
1.60
|
2.24
|
1.13
|
|
Peer Median
|
1.42
|
2.16
|
2.66
|
2.51
|
--
|
Dividend Yield
5.33
Higher than Peers by 4.88
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
5.33
|
5.70
|
4.60
|
3.56
|
6.77
|
|
Peer Median
|
0.45
|
0.27
|
--
|
0.14
|
--
|
EV/EBITDA
5.66
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
5.66
|
5.47
|
7.66
|
10.22
|
6.43
|
|
Peer Median
|
--
|
8.93
|
13.44
|
14.27
|
--
|
Market Cap
2,728
Higher than Peers by 2,602
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Balmer Lawrie
|
2,728
|
2,550
|
3,158
|
4,083
|
1,895
|
|
Peer Median
|
126
|
126
|
231
|
145
|
--
|