CMP: 561

Balmer Lawrie & Company Ltd. operates in a diverse range of business areas as a manufacturer and service provider. The Company produces industrial packaging products, greases and lubricants, performance chemicals and marine freight containers. Services include tea exporting and trading, project engineering and consultancy and travel, tours and cargo.

Balmer Lawrie & Company is a great value buy in PSU segment. Its currently trading at a P/E of less than 7 with dividend yields of almost 5% in the last 12 months. It runs at Zero debt with 267 Crores cash in hand. That's Cash to market cap ratio of almost 30% making it a value buy. Revenues have steadily grown from 1291 Crores to 2019 Crores in the last 5 years. Profits have risen from 70 Crores to 121 Crores in the last 5 years. NPM has risen marginally by 50 basis points towards 6% in the last 5 years. Buy and accumulate on dips.