Balmer Lawrie & Company Ltd (BALMLAWRIE)

Balmer Lawrie & Company Ltd Shareholders See Strong Returns - 26 Apr, 2024

Balmer Lawrie & Company Ltd has seen strong shareholder returns with a 219% total shareholder return over the last five years, largely due to dividend payments. The stock price has risen by 22% in the past month and added ₹4.7b to its market cap in the past week alone. However, earnings per share growth has been slower at 3.1% per year over the same period.

Balmer Lawrie Share Price Rises 6.14% on Plans to Add New Business Verticals - 05 Apr, 2024

Balmer Lawrie & Company Ltd's share price rose by 6.14% after announcing plans to add new business verticals over the next three years, with a target revenue of Rs 6,000 crore. The stock outperformed the sector by 3.24%, settling at Rs 256.50 apiece on NSE. Balmer Lawrie CMD Adika Ratna Sekhar said the company would spend Rs 500 crore for this expansion.

Balmer Lawrie Plans Expansion into New Verticals - 04 Apr, 2024

Balmer Lawrie is set to expand its existing eight business verticals by adding new units such as FTWZ, temperature-controlled warehouses, third-party logistics, and ethanol production. The company aims to achieve Rs 6,000 crore revenue in three years. Additionally, Balmer Lawrie has promoted a coaching culture within the organization, with most coaching hours imparted internally.

Balmer Lawrie to Set Up FTWZ in SEZ of JNPA with INR 2300 Million Investment - 03 Apr, 2024

Balmer Lawrie & Company Ltd's recent strategic move to set up a FTWZ in SEZ of JNPA, with an investment of INR 2300 million, underscores its commitment to diversifying and generating additional revenue. The company reported a significant increase in net income for Q3 2023 from the previous year, alongside a notable improvement in earnings per share. However, dividend payments sustainability is under scrutiny due to a history of volatility over the past decade.

Balmer Lawrie Investments Reports Strong Dividend Yield and Revenue Growth - 30 Mar, 2024

Balmer Lawrie Investments Limited has reported a strong dividend yield of 5.39% and revenue growth of 13.75% from Q3FY23 to Q3FY24, with profits increasing from Rs. 37 Crores to Rs. 68 Crores.

Balmer Lawrie Board Approves Setting Up FTWZ; PE Ratio Low - 28 Mar, 2024

Balmer Lawrie & Co. Ltd's board approved setting up a Free Trade Warehousing Zone to expand operations and enhance product portfolio. However, the low P/E ratio suggests that most investors are not convinced the company can maintain its recent growth rates.