---
title: "Balmer Lawrie Vanleer Ltd (505864) — Share Price, Financials & Analysis"
symbol: "505864"
company: "Balmer Lawrie Vanleer Ltd"
canonical: "https://tapetide.com/stocks/505864"
isin: "INE920D01015"
bse_code: "505864"
generated_at: "2026-10-13T11:01:33.422Z"
---

# Balmer Lawrie Vanleer Ltd (505864)

Canonical page: https://tapetide.com/stocks/505864

## Company

- **BSE Code:** 505864
- **ISIN:** INE920D01015
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company has delivered good profit growth of 37.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 44.3%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 13% | 30% | 37% |
| revenue growth | 17% | 23% | 14% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.38 | 0.46 | 0.38 | 0.41 | 0.39 | 0.42 | 0.3 | 0.23 | 1.18 | 0.44 | 0.46 | 0.48 |
| Expenses | 0.25 | 0.09 | 0.19 | 0.08 | 0.13 | 0.12 | 0.12 | 0.15 | 0.99 | 0.18 | 0.18 | 0.23 |
| Operating Profit | 0.13 | 0.37 | 0.19 | 0.33 | 0.26 | 0.3 | 0.18 | 0.08 | 0.19 | 0.26 | 0.28 | 0.25 |
| OPM % | 34.21 | 80.43 | 50 | 80.49 | 66.67 | 71.43 | 60 | 34.78 | 16.1 | 59.09 | 60.87 | 52.08 |
| Other Income | 0.01 | 0 | 0.07 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 |
| Interest | 0.24 | 0.17 | 0.3 | 0.16 | 0.28 | 0.2 | 0.19 | 0.18 | 0.16 | 0.2 | 0.19 | 0.16 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Profit before tax | -0.16 | 0.14 | -0.1 | 0.11 | -0.08 | 0.04 | -0.07 | -0.16 | -0.02 | 0 | 0.03 | 0.03 |
| Tax % | -37.5 | 14.29 | 40 | 18.18 | -175 | -225 | -114.29 | -43.75 | -100 | — | -133.33 | 100 |
| Net Profit | -0.1 | 0.13 | -0.14 | 0.09 | 0.06 | 0.13 | 0.01 | -0.09 | 0 | 0 | 0.07 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 153 | 172 | 189 | 212 | 264 | 277 | 269 | 386 | 428 | 499 |
| Expenses | 162 | 158 | 173 | 197 | 248 | 259 | 252 | 343 | 376 | 441 |
| Operating Profit | -10 | 14 | 15 | 15 | 16 | 18 | 16 | 44 | 51 | 58 |
| OPM % | -6 | 8 | 8 | 7 | 6 | 6 | 6 | 11 | 12 | 12 |
| Other Income | 53 | 9 | 2 | 5 | 4 | 2 | 8 | 2 | 1 | 2 |
| Interest | 5 | 5 | 6 | 5 | 5 | 5 | 4 | 7 | 9 | 10 |
| Depreciation | 7 | 7 | 7 | 7 | 8 | 7 | 6 | 9 | 11 | 12 |
| Profit before tax | 32 | 10 | 4 | 8 | 7 | 8 | 15 | 28 | 33 | 37 |
| Tax % | 18 | 10 | 41 | 22 | 26 | 34 | 25 | 35 | 34 | 35 |
| Net Profit | 26 | 9 | 2 | 7 | 5 | 5 | 11 | 18 | 22 | 24 |
| Dividend Payout % | 6 | 0 | 83 | 72 | 43 | 69 | 49 | 0 | 67 | 66 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 16 | 16 | 16 | 16 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 41 | 50 | 50 | 51 | 73 | 74 | 80 | 110 | 124 | 131 |
| Borrowings | 47 | 53 | 54 | 54 | 56 | 56 | 55 | 88 | 102 | 131 |
| Other Liabilities | 39 | 35 | 38 | 49 | 51 | 52 | 65 | 87 | 87 | 74 |
| Total Liabilities | 143 | 154 | 158 | 169 | 198 | 200 | 218 | 302 | 332 | 353 |
| Fixed Assets | 63 | 65 | 65 | 62 | 62 | 59 | 67 | 117 | 125 | 130 |
| CWIP | 6 | 6 | 2 | 5 | 3 | 5 | 4 | 6 | 7 | 19 |
| Investments | 23 | 22 | 22 | 22 | 44 | 44 | 44 | 18 | 18 | 18 |
| Other Assets | 50 | 60 | 68 | 80 | 90 | 93 | 102 | 161 | 182 | 187 |
| Total Assets | 143 | 154 | 158 | 169 | 198 | 200 | 218 | 302 | 332 | 353 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -9 | 1 | 11 | 14 | 10 | 9 | 17 | 20 | 27 | 26 |
| Cash from Investing Activity | 4 | -5 | -3 | -7 | -22 | -6 | -10 | -16 | -21 | -27 |
| Cash from Financing Activity | 6 | 3 | -8 | -7 | 14 | -4 | -7 | -1 | -9 | 3 |
| Net Cash Flow | 0 | -1 | 1 | 0 | 2 | -1 | -1 | 3 | -2 | 1 |
| Free Cash Flow | 12 | -5 | 8 | 6 | 7 | 3 | 2 | 3 | 6 | -3 |
| CFO/OP | 73 | 47 | 72 | 112 | 75 | 70 | 119 | 65 | 78 | 67 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 58 | 53 | 59 | 66 | 57 | 54 | 60 | 62 | 75 | 60 |
| Inventory Days | 56 | 74 | 71 | 71 | 54 | 60 | 70 | 94 | 83 | 72 |
| Days Payable | 91 | 56 | 58 | 68 | 59 | 48 | 64 | 70 | 77 | 44 |
| Cash Conversion Cycle | 23 | 71 | 72 | 68 | 52 | 66 | 66 | 87 | 82 | 88 |
| Working Capital Days | 36 | 57 | 64 | 55 | 53 | 53 | 51 | 66 | 79 | 79 |
| ROCE % | 14 | 11 | 8 | 11 | 9 | 8 | 12 | 19 | 18 | 18 |

## Shareholding Pattern

### annual

| Category | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- |
| Promoters | 71.03% | 71.03% | 71.03% |
| DIIs | 0.02% | 0.02% | 0.02% |
| Public | 28.95% | 28.96% | 28.96% |
| No. of Shareholders | 2409 | 3554 | 3630 |

### Quarterly

| Category | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 71.03% | 71.03% | 71.03% | 71.03% | 71.03% | 71.03% | 71.03% | 71.03% | 71.03% | 71.03% | 71.03% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 28.96% | 28.97% | 28.95% | 28.95% | 28.96% | 28.94% | 28.94% | 28.96% | 28.96% | 28.96% | 28.96% |
| No. of Shareholders | 2144 | 2154 | 2300 | 2409 | 2814 | 2920 | 3383 | 3554 | 3554 | 3591 | 3630 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-02 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b093c6e4-3dfc-49c9-85e0-c46916327e04.pdf) |
| 2026-03-02 | [Intimation Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68d6ad47-5353-4bfb-8a04-d75fb5b1e8db.pdf) |
| 2026-03-02 | [Board Meeting Outcome for Appointment Of Chief Financial Officer Of The Company](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0b40f6c8-5f0b-48e8-a971-59829ff4d3aa.pdf) |
| 2026-02-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d5746d99-26fb-44e7-8c60-f76bab313aa3.pdf) |
| 2026-02-19 | [Special Window For Transfer And Dematerialisation Of Physical Securities](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ffc5b4f-4827-4dc6-a5ff-b7c922c788f3.pdf) |
| 2026-01-30 | [Intimation Of Loan Agreement - Disclosure Under Regulation 30 Of SEBI (LODR Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca242b23-3ab1-42c1-909d-ef6b6f02dcfb.pdf) |
| 2026-01-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/294c5265-6247-4a04-9a77-df02684ed550.pdf) |
| 2026-01-20 | [Results - Financial Results For Quarter Ended 31.12.2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0f26d07-c80d-44e0-91b1-88788ed7508c.pdf) |
| 2026-01-20 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, January 20, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3465dc5a-7a63-4329-8213-2d0aeff1613f.pdf) |
| 2026-01-13 | [Board Meeting Intimation for Intimation Of Board Meeting For Considering The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7dbd7ea-ae71-4224-8dba-bead2c7cb98f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1718697-aa7e-47e2-b6f1-689cffa8774a.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bc4562c-6bb0-47df-b33a-31fd4780b7da.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39e3e778-cc4b-4e97-aba7-77bdf3ccc553.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-12-15 | Credit rating update — CRISIL |
| 2024-11-08 | Credit rating update — CRISIL |
| 2024-01-10 | Credit rating update — CRISIL |
| 2023-08-11 | Credit rating update — CRISIL |
| 2022-07-20 | Credit rating update — CRISIL |
| 2022-07-05 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:33.422Z.