Balmer Lawrie Investments Ltd (532485)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Balmer Lawrie's revenue was ₹751 Cr (+10.0% year on year, +0.7% on the previous quarter), and net profit ₹72.6 Cr (+5.2% year on year); the operating margin was 13.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹751 | +10.0% | +0.7% |
| Operating profit | ₹102 | +18.7% | -12.0% |
| Net profit | ₹72.6 | +5.2% | -14.6% |
| EPS (₹) | 2.05 | +2.0% | -16.0% |
| Operating margin | 13.6% | — | — |
📢 Recent Corporate Announcements
Balmer Lawrie Investments Ltd announced the voting results of its 25th Annual General Meeting held on September 21, 2026. All six ordinary resolutions, including the adoption of FY26 financial statements and declaration of final dividend, were approved by shareholders. Total votes polled were 13,46,31,308 shares (60.65% of outstanding shares), with the dividend resolution securing 99.9979% votes in favor. The appointment of government nominee directors and reappointment of retiring director were also approved.
- All 6 ordinary resolutions passed at the 25th AGM held on September 21, 2026
- Final dividend resolution passed with 99.9979% votes in favour (13,46,28,416 votes)
- Overall voter turnout stood at 60.6522% of outstanding shares across 53,715 record date shareholders
- Promoter group voted 100% (13,24,60,980 shares) in favour across resolutions
Balmer Lawrie Investments has issued its Annual Report for FY 2025-26 and scheduled its 25th Annual General Meeting for September 21, 2026. The Board has recommended a final dividend of ₹2.27 per equity share on 22,19,72,690 equity shares of face value ₹1 each, representing an aggregate payout of approximately ₹50.39 crore. The company also proposed the appointment of Shri Aditya Shekhar Singh and Shri Romon Sebastian Louis as Government Nominee Directors. As a holding company holding 61.80% in Balmer Lawrie & Co. Ltd., its revenues and payouts remain linked to its subsidiary.
- Final dividend of ₹2.27 per equity share recommended for FY26 on 22,19,72,690 equity shares
- 25th Annual General Meeting scheduled for Monday, September 21, 2026 at 4:00 PM IST via VC/OAVM
- Appointment of two Government Nominee Directors: Shri Aditya Shekhar Singh and Shri Romon Sebastian Louis
- Company continues as the holding entity owning 61.80% shareholding in Balmer Lawrie & Co. Limited
Balmer Lawrie Investments Limited has issued the notice for its 25th Annual General Meeting scheduled for September 21, 2026, alongside its FY26 Annual Report. The agenda includes shareholder approval for a final dividend of ₹2.27 per equity share on 22,19,72,690 shares (aggregate payout of ~₹50.39 crore). The company also tabled resolutions to appoint two Government Nominee Directors, Shri Aditya Shekhar Singh and Shri Romon Sebastian Louis.
- 25th Annual General Meeting scheduled for Monday, 21st September, 2026 via video conferencing
- Final dividend proposed at ₹2.27 per equity share of face value Re. 1
- Total dividend distribution across 22,19,72,690 equity shares totals ~₹50.39 crore
- Appointment of Shri Aditya Shekhar Singh and Shri Romon Sebastian Louis as Government Nominee Directors
Balmer Lawrie Investments Limited has issued the notice for its 25th Annual General Meeting (AGM) scheduled for September 21, 2026, along with its FY2025-26 Annual Report. The company has proposed a final dividend of ₹2.27 per equity share (face value ₹1) on 22,19,72,690 equity shares, amounting to an aggregate dividend payout of approximately ₹50.39 crore. Other agenda items include the adoption of FY26 financial statements and the appointment of two Government Nominee Directors for a 3-year term.
- 25th AGM scheduled to be held virtually on Monday, September 21, 2026 at 4:00 PM IST.
- Proposed final dividend of ₹2.27 per equity share of paid-up value ₹1 for FY2025-26.
- Total dividend distribution covers 22,19,72,690 equity shares (~₹50.39 crore total outflow).
- Proposed appointment of Shri Aditya Shekhar Singh and Shri Romon Sebastian Louis as Government Nominee Directors for 3 years.
BSE Limited has imposed a fine of Rs 9,78,220 (inclusive of GST) on Balmer Lawrie Investments Ltd for non-compliance with SEBI LODR norms for the quarter ended June 30, 2026. The violations relate to Board composition, specifically having fewer than 6 directors and lacking Independent and Woman Directors, which also impacted committee formations. The company noted that as a Central Public Sector Enterprise, director appointments are governed by the Ministry of Petroleum & Natural Gas and are beyond its control. Balmer Lawrie Investments has submitted a representation to BSE requesting a waiver of the penalty.
- BSE imposed a fine of Rs 9,78,220 (inclusive of GST) vide communication dated August 25, 2026.
- Non-compliance spans Regulations 17(1), 17(2A), 18(1), and 19(1)/19(2) for the quarter ended June 30, 2026.
- Board composition fell short due to fewer than 6 directors and lack of Independent and Woman Directors.
- Company has applied to BSE for a complete waiver, citing statutory appointment power vested with the Administrative Ministry.
Balmer Lawrie Investments' Board met on August 13, 2026, to address fines imposed by BSE for non-compliance with SEBI LODR regulations during the quarter ended March 31, 2026. The non-compliance pertains to Regulations 17(1), 17(2A), 18(1), and 19(1)/19(2), which govern Board and Committee composition. The company, a Central Public Sector Enterprise (CPSE), maintains that director appointments are controlled by the Ministry of Petroleum and Natural Gas and are beyond its direct control. A waiver for these fines has been requested from the exchange.
- Fines imposed for non-compliance with SEBI Regulations 17(1), 17(2A), 18(1), and 19(1)/19(2) for the quarter ended March 31, 2026
- Company is a CPSE under the administrative control of the Ministry of Petroleum and Natural Gas
- Article 968(1) of the Articles of Association grants the President of India the power to appoint directors
- Board meeting held on August 13, 2026, to formally record the fines and confirm the waiver representation
- The company reported a TTM PAT of Rs 278 Cr, making the likely fine amount financially immaterial
The Board of Balmer Lawrie Investments Ltd met on August 13, 2026, to address fines imposed by BSE for non-compliance with SEBI (LODR) regulations during the quarter ended March 31, 2026. The violations pertain to Regulations 17, 18, and 19, which govern the composition of the Board and its committees (Independent/Woman Directors). The company, a Central Public Sector Enterprise (CPSE), maintains that director appointments are controlled by the Ministry of Petroleum and Natural Gas, placing compliance beyond its direct control. A waiver request has been submitted to the exchange to mitigate the financial penalty.
- Fines imposed for non-compliance with SEBI Regulations 17(1), 17(2A), 18(1), and 19(1)/19(2) for the quarter ended March 31, 2026.
- Board meeting held on August 13, 2026, to formally record the fines and the company's representation for a waiver.
- Company operates as a CPSE under the administrative control of the Ministry of Petroleum and Natural Gas.
- Promoter holding remains steady at 59.67% as of March 2026.
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- R e c o r d d a t e f o r d i v i d e n d e l i g i b i l i t y f i x e d a s S e p t e m b e r 1 4, 2 0 2 6
- 2 5 t h A n n u a l G e n e r a l M e e t i n g t o b e h e l d o n S e p t e m b e r 2 1, 2 0 2 6
- D i v i d e n d p a y m e n t t o b e c o m p l e t e d w i t h i n 3 0 d a y s o f s h a r e h o l d e r a p p r o v a l
- R e m o t e e - v o t i n g p e r i o d s e t f r o m S e p t e m b e r 1 7 t o S e p t e m b e r 2 0, 2 0 2 6
Balmer Lawrie Investments Ltd has scheduled its 25th Annual General Meeting (AGM) for September 21, 2026, via video conferencing. The company has fixed September 14, 2026, as the record date to determine shareholder eligibility for the final dividend of FY 2025-26. If approved at the AGM, the dividend will be paid to eligible shareholders within 30 days. Remote e-voting for the meeting resolutions will be available from September 17 to September 20, 2026.
- 25th Annual General Meeting (AGM) scheduled for September 21, 2026, at 4:00 PM IST.
- Record date for dividend eligibility fixed as Monday, September 14, 2026.
- Remote e-voting period set from September 17, 2026 (9:00 AM) to September 20, 2026 (5:00 PM).
- Dividend payment to be completed within 30 days of the AGM date, subject to shareholder approval.
- Cut-off date for sending the Annual Report and Notice was August 14, 2026.
Balmer Lawrie Investments Ltd has scheduled its 25th Annual General Meeting (AGM) for September 21, 2026. The company has fixed September 14, 2026, as the record date to determine shareholder eligibility for the final dividend of FY 2025-26. If approved at the AGM, the dividend will be paid within 30 days. This follows a fiscal year where the company reported a TTM PAT of ₹278 Cr and an EPS of ₹8.04.
- Record date for final dividend eligibility fixed as September 14, 2026.
- 25th Annual General Meeting (AGM) to be held on September 21, 2026, via video conferencing.
- Dividend payment to be processed within 30 days of the AGM declaration.
- Remote e-voting period scheduled from September 17, 2026, to September 20, 2026.
- Cut-off date for sending AGM notice and Annual Report set as August 14, 2026.
Balmer Lawrie Investments Ltd has reshuffled its board following a directive from the Ministry of Petroleum and Natural Gas (MoPNG). Two Government Nominee Directors, Shri Samir Kumar Mohanty and Shri Arvind Nath Jha, ceased their directorships effective August 13, 2026. They are replaced by Shri Aditya Shekhar Singh, a Deputy Secretary at MoPNG with 26 years of experience, and Shri Romon Sebastian Louis, a veteran with 31 years of experience currently serving as Director at the subsidiary Balmer Lawrie & Co. Ltd. These appointments are for a three-year term on a co-terminus basis.
- 2 Government Nominee Directors replaced on the Board effective August 13, 2026
- Shri Aditya Shekhar Singh appointed for a period of 3 years from the nomination date of August 4, 2026
- Shri Romon Sebastian Louis brings 31 years of industry experience, including nearly 30 years at the subsidiary company
- Shri Aditya Shekhar Singh has 26 years of experience across various GoI ministries including Finance and Defence
Balmer Lawrie Investments Ltd (BLIL) reported a consolidated total income of Rs 761.77 Cr for Q1 FY27, marking a 9.9% increase from Rs 692.94 Cr in the corresponding quarter last year. Consolidated Net Profit rose to Rs 72.59 Cr from Rs 69.41 Cr YoY, reflecting steady operational performance. As a holding company, its standalone revenue (primarily dividends/interest) was lower at Rs 2.54 Cr compared to Rs 2.96 Cr YoY. The consolidated EPS for the quarter improved marginally to Rs 2.05 from Rs 2.01.
- Consolidated Total Income grew 9.9% YoY to Rs 761.77 Cr in Q1 FY27.
- Consolidated Net Profit for the period stood at Rs 72.59 Cr, a 4.6% increase over Rs 69.41 Cr in Q1 FY26.
- Standalone revenue from operations decreased to Rs 2.54 Cr from Rs 2.96 Cr in the previous year's quarter.
- Consolidated EPS for the quarter was reported at Rs 2.05, up from Rs 2.01 YoY.
- Total consolidated expenses increased to Rs 681.61 Cr from Rs 618.20 Cr in the same period last year.
Balmer Lawrie Investments reported a 9.9% YoY increase in consolidated revenue to ₹761.77 Cr for Q1 FY27. However, consolidated net profit attributable to owners grew only 1.8% YoY to ₹45.49 Cr, as total expenses rose by 10.2% over the same period. As a holding company, its standalone revenue (primarily dividend income) was lower at ₹2.54 Cr compared to ₹2.96 Cr in the previous year's quarter. The results indicate steady top-line growth but significant margin pressure at the consolidated level.
- Consolidated Revenue from operations grew 9.9% YoY to ₹761.77 Cr from ₹692.95 Cr.
- Consolidated Net Profit attributable to owners stood at ₹45.49 Cr, a marginal 1.8% increase from ₹44.66 Cr YoY.
- Total Consolidated Expenses increased to ₹681.61 Cr from ₹618.20 Cr in the corresponding previous quarter.
- Standalone Net Profit for the holding company decreased to ₹1.65 Cr from ₹1.96 Cr YoY.
- Consolidated EPS for the quarter improved slightly to ₹2.05 from ₹2.01 YoY.
Financial Performance
Revenue Growth by Segment
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EBITDA Margin
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Capital Expenditure
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Logistics & Distribution
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External Factors
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Regulatory & Governance
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