Balmer Lawrie Q1FY27 net profit rises 3% on packaging segment strength

Balmer Lawrie & Co. reported a standalone net profit of ₹57.66 crore for the quarter ended June 30, 2026, marking a 3.1% year-on-year increase from ₹55.93 crore in Q1FY26. Revenue from operations rose 9.9% YoY to ₹74,213.32 lakh, up from ₹67,550.63 lakh in the prior year period, reflecting sustained demand across its diversified business verticals. The results were approved by the Board of Directors on August 1, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The statutory auditors, B. Chhawchharia & Co., conducted a limited review of the financial statements in accordance with Standard on Review Engagements (SRE) 2410. Consolidated net profit attributable to owners of the parent stood at ₹71.41 crore for the quarter, compared to ₹68.93 crore in Q1FY26. Consolidated revenue from operations increased to ₹74,873.23 lakh from ₹68,065.83 lakh in the corresponding period last year.

Key Financial Highlights

Metric	Q1FY27 (₹ in Lakhs)	Q1FY26 (₹ in Lakhs)	Change
Revenue from Operations	74,213.32	67,550.63	+9.9%
Total Income	75,253.96	68,527.80	+9.8%
Total Expenses	67,341.51	60,990.60	+10.4%
Profit Before Tax	7,912.45	7,537.20	+5.0%
Net Profit After Tax	5,766.06	5,593.34	+3.1%
EPS (Basic)	₹3.37	₹3.27	+3.1%

Segmental Performance

Industrial Packaging emerged as the top revenue contributor, generating ₹30,865.77 lakh, a significant jump from ₹24,170.02 lakh in Q1FY26. The segment also delivered the highest pre-tax profit at ₹31.15 crore, up from ₹20.93 crore previously. Logistics Services contributed ₹17,317.31 lakh in revenue and ₹26.44 crore in pre-tax profit. Travel & Vacations saw revenue grow to ₹7,945.56 lakh from ₹6,781.65 lakh, with pre-tax profits rising to ₹34.94 crore.

Greases & Lubricants revenue declined to ₹11,509.76 lakh from ₹16,350.25 lakh in the prior year quarter, resulting in a lower pre-tax contribution of ₹9.31 crore compared to ₹19.86 crore. The 'Others' segment incurred a loss of ₹24.32 crore before finance costs and tax, contrasting with a loss of ₹21.17 crore in Q1FY26.

What the Numbers Show

The divergence between revenue growth (9.9%) and expense growth (10.4%) indicates margin compression pressure, primarily driven by higher employee benefits expenses (₹69.56 crore vs ₹70.68 crore) and increased other expenses (₹94.99 crore vs ₹77.59 crore). Despite this, the company maintained profitability through operational efficiencies in core segments like Industrial Packaging and Logistics Infrastructure, which saw substantial profit improvements.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.29%	-2.01%	-5.56%	+0.04%	-19.30%	+27.13%

Balmer Lawrie & Co. Ltd. company name has scheduled its 109th Annual General Meeting (AGM) for September 21, 2026, marking a key governance milestone for the Government of India enterprise. The meeting will determine shareholder approval for the Financial Year 2025-26 results and any final dividend declaration. Shareholders holding shares on the record date of September 14, 2026, will be eligible to receive dividends if declared, while remote e-voting will be available from September 17 to September 20, 2026.

The Board of Directors convened on August 1, 2026, from 2:30 p.m. to 6:05 p.m., approving the notice for the AGM and the Board’s Report along with its annexures for FY26. In compliance with Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, the company confirmed that the AGM will be conducted in physical mode at Williamson Magor Hall, located at The Bengal Chamber of Commerce & Industry, Royal Exchange Building, Kolkata.

Key Dates and Timelines

Shareholders must note specific deadlines for receiving communications, voting, and dividend entitlements. The cut-off date for determining members eligible to receive the AGM notice and Annual Report is August 14, 2026. Voting rights are determined based on the register of members as of September 14, 2026.

Event	Date	Time	Details
Notice Cut-off Date	August 14, 2026	End of day	Eligibility for AGM notice and Annual Report
Record Date for Dividend	September 14, 2026	End of day	Entitlement for final dividend if declared
Remote E-voting Start	September 17, 2026	09:00 A.M.	Commencement of e-voting window
Remote E-voting End	September 20, 2026	05:00 P.M.	Closure of e-voting module
109th AGM	September 21, 2026	Physical Mode	Held at Williamson Magor Hall, Kolkata

Dividend and Voting Procedures

The company stated that any final dividend declared by members at the AGM will be paid within 30 days of the meeting’s conclusion. Payments will be made net of Tax Deducted at Source (TDS) and subject to Permanent Account Number (PAN) and Know Your Customer (KYC) requirements as per applicable SEBI Master Circulars. Only shareholders appearing in the Register of Members or list of Beneficial Owners as of September 14, 2026, will be entitled to participate in both remote e-voting and voting at the AGM venue.

The remote e-voting module will be disabled after 5:00 p.m. on September 20, 2026. Kavita Bhavsar, Company Secretary and Compliance Officer, signed the disclosure on behalf of Balmer Lawrie & Co. Ltd., confirming adherence to regulatory timelines for the 109th AGM proceedings.