Balmer Lawrie Investment Ltd
BALM

Balmer Lawrie Investment Ltd (532485)

₹362.70.2%

Key Stats

₹362.5
Day's Price Range
₹365.95
₹357.1
52-Week Price Range
₹434
1 Month Return-14.4 %
3 Month Return-2.53 %
1 Year Return-13.76 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 88
8
EPS
Rank 48
₹45.4
BVPS
Rank 41
₹502.98
Dividend Yield
Rank 3
8.11%
ROE
Rank 30
39.46%
Price To Book Ratio
Rank 120
0.72
Debt To Asset
Rank 147
0.57

Company Information

Balmer Lawrie Investments Ltd is also a nonbanking financial Company. The company is a public enterprise under the administrative control of the Ministry of Petroleum Natural Gas Government of India. The company is the holding of Balmer Lawrie Company Ltd. The companys only business is investment in their subsidiary Balmer Lawrie Company Ltd. President of India holds 59.67 of the companys total paid up equity capital. The company has two subsidiaries namely Balmer Lawrie Co. Ltd and Balmer Lawrie UK Ltd a subsidiary of Balmer Lawrie Company Ltd.Balmer Lawrie Investments Ltd was incorporated on September 20 2001. The Government of India in view of their planned deregulation of the oil and globalization of the economy decided to disinvest 33.58 of their total equity holding of 59.58 in IBP Co Ltd to a strategic partner with management control. In consequence to such disinvestment the shareholding of IBP Co Ltd in their erstwhile subsidiary Balmer Lawrie Company Ltd was decided to be demerged in favour of Balmer Lawrie Investments Ltd. Thus the company was formally incorporated.As per the scheme of arrangement between IBP Co. Ltd. Balmer Lawrie Investments Ltd the company acquired 61.8 equity shares of Balmer Lawrie Co. Limited from IBP Co. Ltd. The scheme became effective on February 5 2002 with an appointed date of October 15 2001. Thus the company became the holding company of Balmer Lawrie Company Ltd.
OrganisationBalmer Lawrie Investment Ltd
HeadquartersKolkata
IndustryFinance