Balmer Lawrie & Company Ltd's earnings have declined by -6.4%, whereas share price has declined -5.2% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Balmer Lawrie & Company Ltd share price has appreciated 8.8% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis by Moneyworks4me indicates that Balmer Lawrie & Company Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Founded by two Scotsmen, Stephen George Balmer and Alexander Lawrie, in Kolkata, Balmer Lawrie & Co. Ltd. started its corporate journey as a Partnership Firm on 1st February 1867. Today Balmer Lawrie is a Miniratna - I Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Govt. of India.
Along with its five Joint Ventures and two subsidiaries in India and abroad, it is a much-respected
Along with its five Joint Ventures and two subsidiaries in India and abroad, it is a much-respected transnational diversified conglomerate with presence in both manufacturing and service sectors. Balmer Lawrie is a market leader in Steel Barrels, Industrial Greases & Specialty Lubricants, Corporate Travel and Logistics Services. It also has significant presence in most other businesses, it operates, viz, Leather Chemicals, Logistics Infrastructure etc.
Business area of the company
The Company is a Government of India Enterprise engaged in diversified business with presence in both manufacturing and service businesses. The Company is engaged in the business of Industrial Packaging, Greases & Lubricants, Leather Chemicals, Logistic Services and Infrastructure, Refinery & Oil Field and Travel & Vacation Services in India.
Awards & Recognition
Certifications of Balmer Lawrie