Balmer Lawrie & Co Ltd is a public sector undertaking and a conglomerate under the Ministry of Petroleum and Natural Gas. It holds the classification of a Miniratna-I public sector enterprise. Stephen George Balmer and Alexander Lawrie, two Scotsmen, founded Balmer Lawrie & Co. Ltd. as a partnership venture and registered it on February 1, 1867, in Kolkata.
In its early years, Balmer Lawrie dabbled in a range of businesses from tea to shipping insurance to banking and trading to manufacturing. After 157 years, Balmer Lawrie has developed into a multinational conglomerate with a presence in both the manufacturing and service industries. It operates four joint ventures and one subsidiary in India and overseas. The company has eight strategic business divisions, comprising industrial packaging, greases & lubricants, chemicals, travel & vacations, logistics infrastructure, logistics services, cold chain, and refinery & oil field services.
Balmer Lawrie has a subsidiary as well as joint ventures in India and abroad. Balmer Lawrie-Van Leer Ltd (BLVL): When BLVL was established in 1956, it was called Indian Flange & Manufacturing Company Pvt Ltd and it produced tri-sure closure systems. The company was renamed Balmer Lawrie-Van Leer Ltd in 1993 and became a 50:50 joint venture between Balmer Lawrie and Van Leer.
It’s a joint venture that was founded in 1993 by Indian Oil Corporation Ltd, Balmer Lawrie & Co Ltd, and NYCO SA France. Its purpose is to produce and distribute aviation lubricants domestically to the Indian Defence Services and other aircraft operators.
This is a joint venture between Balmer Lawrie and PT. Imani Wicaksana, Indonesia. To establish a grease and lubricant plant at Cikande Modern Industrial Estate, Serang, Banten, the joint venture company was formed in 2010.
BLUAE was founded in 1978. This is a Gulf-based container manufacturing company that produces a wide range of capacity plastic, tin and steel barrels.
A subsidiary of Balmer Lawrie, Visakhapatnam Port Logistics Park Limited was incorporated to establish a multi-modal logistics hub.
The Government of India decided to divest 33.58% of its total equity holding of 59.58% in IBP Co. Limited to a partner with control of management. As a result of this disinvestment, the shareholding of IBP Co. Limited in its former subsidiary, Balmer Lawrie & Co Ltd, was determined to be de-merged in favour of Balmer Lawrie Investments Limited. Balmer Lawrie Investments Ltd was incorporated on September 20, 2001, to facilitate this transaction. Balmer Lawrie has a market capitalisation of over ₹4,350 crore as of February 27, 2024. Balmer Lawrie share price has gained over 100% in three years.
– Balmer Lawrie’s revenue from operations in FY23 was ₹2,321 crore, compared to ₹2,055 crore the previous fiscal year. – The company’s net profit was ₹107 crore in FY23, compared to ₹89 crore in the previous fiscal year. – Balmer Lawrie’s earnings per share (EPS) was ₹10.05 in FY23 compared to ₹8.05 in FY22.
As of 25 May 2026, Balmer Lawrie & Co share price is ₹183.39. The stock opened at ₹181.05, compared to its previous close of ₹180.85. During today's trading session, Balmer Lawrie & Co share price moved in the range of ₹181.05 to ₹188.92, with an average price of ₹184.99 for the day. Looking at its last 52-week, the stock has touched a low of ₹181.05 and a high of ₹188.92.
The market capitalization of Balmer Lawrie & Co is ₹3,096 Crs, with a P/E ratio of 11.4 and a dividend yield of 0.00%.