Integrated Filing — IndAS



General information about company

Scrip Code 523319
NSE Symbol BALMLAWRIE
MSEI Symbol NOTLISTED
ISIN INE164A01016
Name of company Balmer Lawrie & Company Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 17-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 15-05-2026   12:00:00
End date and time of board meeting 17-05-2026   17:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 74,391.33 2,71,700.37
Other income 1,955.33 4,634.58
Total income 76,346.66 2,76,334.95
2 Expenses
(a) Cost of materials consumed 47,573.54 1,74,428.04
(b) Purchases of stock-in-trade 398.66 2,471.29
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 845.81 321.29
(d) Employee benefit expense 6,413.20 26,729.12
(e) Finance costs 960.53 3,347.48
(f) Depreciation, depletion and amortisation expense 2,839.70 7,608.04
(f) Other Expenses
1 Other Expenses 7,767.92 32,670.18
Total other expenses 7,767.92 32,670.18
Total expenses 66,799.36 2,47,575.44
3 Total profit before exceptional items and tax 9,547.30 28,759.51
4 Exceptional items 0.00 0.00
5 Total profit before tax 9,547.30 28,759.51
6 Tax expense
7 Current tax 3,237.79 9,591.37
8 Deferred tax (211.64) (1,072.45)
9 Total tax expenses 3,026.15 8,518.92
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,521.15 20,240.59
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 1,759.19 6,791.26
16 Total profit (loss) for period 8,280.34 27,031.85
17 Other comprehensive income net of taxes (11.09) (6.15)
18 Total Comprehensive Income for the period 8,269.25 27,025.70
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 8,452.24 27,660.16
Total profit or loss, attributable to non-controlling interests (171.90) (628.31)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 8,441.15 27,654.01
Total comprehensive income for the period attributable to owners of parent non-controlling interests (171.90) (628.31)
21 Details of equity share capital
Paid-up equity share capital 17,100.38 17,100.38
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.95 16.18
Diluted earnings (loss) per share from continuing operations 4.95 16.18
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.95 16.18
Diluted earnings (loss) per share from continuing and discontinued operations 4.95 16.18
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The standalone audited financial results for the quarter and year ended March 31, 2026 are as per the notified Indian Accounting Standards under the Companies (Indian Accounting Standards) Rules, 2015 as amended. The above results including Report on Operating Segment have been reviewed by the Audit Committee at their meeting held on May 17, 2026 and subsequently approved by the Board of Directors at their meeting held on May 17, 2026. 2. Previous period/ year's figures have been regrouped/ rearranged / reclassified wherever necessary. 3. Figures of the last quarter are the balancing figure between the audited figures for the full financial year and the published year to date reviewed figures upto the third quarter of the financial year. 4. The audited accounts are subject to the review by the C&AG under section 143(6) of the Companies Act, 2013.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 64,880.19
Capital work-in-progress 3,434.73
Investment property 84.04
Goodwill 0.00
Other intangible assets 23,345.04
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 72,960.01
Trade receivables, non-current
Loans, non-current 83.88
Other non-current financial assets
Total of other non-current financial assets
Total non-current financial assets 73,043.89
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 1,827.77
Total of other non-current assets 1,827.77
Total non-current assets 1,66,615.66
2 Current assets
Inventories 16,865.46
Current financial asset
Current investments 0.00
Trade receivables, current 53,491.44
Cash and cash equivalents 3,374.69
Bank balance other than cash and cash equivalents 41,923.41
Loans, current 227.42
Other current financial assets
Total of other current financial assets 48,071.89
Total current financial assets 1,47,088.85
Current tax assets (net)
Other current assets
1 Other current assets 4,365.46
Total of other current assets 4,365.46
Total current assets 1,68,319.77
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3,34,935.43
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 17,100.38
Other equity 1,89,802.28
Total equity attributable to owners of parent 2,06,902.66
Non controlling interest 1,414.07
Total equity 2,08,316.73
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 7,144.39
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Other non-current financial liabilities 12,664.69
Total of other non-current financial liabilities 12,664.69
Total non-current financial liabilities 19,809.08
Provisions, non-current 11,620.29
Deferred tax liabilities (net) 15,570.61
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 709.76
Total of other non-current liabilities 709.76
Total non-current liabilities 47,709.74
Current liabilities
Current financial liabilities
Borrowings, current 344.69
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2,457.30
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 32,078.70
Total Trade payable 34,536.00
Other current financial liabilities
1 Other current financial liabilities 25,280.47
Total of other current financial liabilities 25,280.47
Total current financial liabilities 60,161.16
Other current liabilities 10,697.25
1 Other current liabilities 10,697.25
Total of other current liabilities 10,697.25
Provisions, current 2,655.66
Current tax liabilities (Net) 5,394.89
Deferred government grants, Current
Total current liabilities 78,908.96
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,26,618.70
Total equity and liabilites 3,34,935.43
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Industrial Packaging 21,678.02 86,166.78
2 Logistics Services 15,138.82 57,419.51
3 Logistics Infrastructure 6,634.80 28,010.36
4 Travel & Vacations 13,415.74 38,405.41
5 Greases & Lubricants 18,221.81 66,579.35
6 Others 3,823.88 11,835.36
Total Segment Revenue 78,913.07 2,88,416.77
Less: Inter segment revenue 4,521.74 16,716.40
Revenue from operations 74,391.33 2,71,700.37
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Industrial Packaging 1,066.42 5,403.67
2 Logistics Services 2,395.43 8,664.34
3 Logistics Infrastructure 347.53 2,778.02
4 Travel & Vacations 3,003.08 13,641.45
5 Greases & Lubricants 2,060.11 7,606.58
6 Others 1,635.26 (5,987.07)
Total Profit before tax 10,507.83 32,106.99
i. Finance cost 960.53 3,347.48
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 9,547.30 28,759.51
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Industrial Packaging 41,688.10 41,688.10
2 Logistics Services 25,422.75 25,422.75
3 Logistics Infrastructure 41,831.54 41,831.54
4 Travel & Vacations 62,923.60 62,923.60
5 Greases & Lubricants 22,975.74 22,975.74
6 Others 1,40,093.70 1,40,093.70
Total Segment Asset 3,34,935.43 3,34,935.43
Un-allocable Assets 0.00 0.00
Net Segment Asset 3,34,935.43 3,34,935.43
4 Segment Liabilities
Segment Liabilities
1 Industrial Packaging 12,347.22 12,347.22
2 Logistics Services 21,117.73 21,117.73
3 Logistics Infrastructure 26,698.23 26,698.23
4 Travel & Vacations 15,408.04 15,408.04
5 Greases & Lubricants 5,682.92 5,682.92
6 Others 45,364.56 45,364.56
Total Segment Liabilities 1,26,618.70 1,26,618.70
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 1,26,618.70 1,26,618.70
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (14.62) (14.62)
2 Share of other Comprehensive Income of joint ventures and associates (net) (0.15) 4.79
Total Amount of items that will not be reclassified to profit and loss (14.77) (9.83)
2 Income tax relating to items that will not be reclassified to profit or loss (3.68) (3.68)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (11.09) (6.15)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 28,759.51
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3,347.48
Adjustments for decrease (increase) in inventories 2,356.14
Adjustments for decrease (increase) in trade receivables, current (5,756.53)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 1,355.72
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 1,968.78
Adjustments for other financial assets, current (9,281.52)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 4,701.41
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1,699.63
Adjustments for increase (decrease) in other non-current liabilities 34.66
Adjustments for depreciation and amortisation expense 7,608.04
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 821.14
Adjustments for provisions, current 735.19
Adjustments for provisions, non-current 910.62
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 19.99
Adjustments for interest income 2,860.32
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 1,314.84
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 8,935.29
Net cash flows from (used in) operations 37,694.80
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 8,773.59
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 28,921.21
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment (17.08)
Purchase of property, plant and equipment 6,359.18
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 39.83
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 19.99
Interest received 2,874.46
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (234.79)
Net cash flows from (used in) investing activities (3,756.43)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 94.76
Payments of lease liabilities 2,403.40
Dividends paid 21,087.62
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (2,310.02)
Net cash flows from (used in) financing activities (25,895.80)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (731.02)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (731.02)
Cash and cash equivalents cash flow statement at beginning of period 4,105.71
Cash and cash equivalents cash flow statement at end of period 3,374.69





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 B. Chhawchharia & Co. Yes 31-07-2028


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 2,76,334.95 2,76,334.95
2 Total Expenditure 2,47,575.44 2,47,575.44
3 Net Profit/(Loss) 20,240.59 20,240.59
4 Earnings Per Share 16.18 16.18
5 Total Assets 3,34,935.43 3,34,935.43
6 Total Liabilities 1,26,618.70 1,26,618.70
7 Net Worth 2,08,316.73 2,08,316.73


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Whether appeared first time Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Whether appeared first time Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)


Text Block

Textual Information(1) The Statutory auditors have reported the following in their Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (The Act)



The matters referred to SL-3 of Key Audit Matter related to customer and vendor balance confirmations including unallocated receipts which need further strengthening.

Textual Information(2) Not Applicable
Textual Information(3) Not Quantifiable
Textual Information(4) Since it refers to an Internal Control Weakness, the same cannot be quantified.
Textual Information(5) We endorse the comments of the management
Textual Information(6) The Statutory auditors have reported the following in their Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (The Act)



The Branch auditor of Western region reported on deficiency in the design and operating effectiveness of controls over issuance, monitoring, reconciliation and redemption of digital loyalty coupons consequent to an alleged unauthorised redemption of loyalty coupons aggregating to approximately Rs 16.56 Lakhs. The control environment was not effective in preventing or detecting pre-scanned coupons and unauthorised redemption, resulting in a risk of loss to the Company.

Textual Information(7) Not Applicable
Textual Information(8) Not Quantifiable
Textual Information(9) Since it refers to an Internal Control Weakness, the same cannot be quantified.
Textual Information(10) We endorse the comments of the management


Signatories detail

Name of CEO / Managing director Adhip Nath Palchaudhuri
Name of CFO Saurav Dutta
Name of audit committee chairman Saurav Dutta
Name of statutory auditor B. Chhawchharia & Co.
Name of other signatory, if any, with designation
Place Kolkata
Date 17-05-2026