RATING

RECOMMENDATION

Neutral

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RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

  • Balmer Lawrie Van Leer Growth

Get detailed information about the Balmer Lawrie Van Leer Pre IPO shares. In this research report, you will get to know about Balmer Lawrie Van Leer Limited Key Ratio data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth and Book Value Growth.

Balmer Lawrie Van Leer Revenue Growth

Growth in %

  • -3.40%

    1 Year

  • -0.77%

    3 Year

  • 2.28%

    5 Year

In FY21, the company's total revenue reduced by 3.4% year-on-year (y-o-y) primarily, due to pandemic, the company's factories were under lock down till June, 2020 but other factories at Dehradun, Bengaluru and Chennai were operational with limited capacity. With economy opening up post June, 2020, the company saw a rebound in revenue in last 9 months and were partly able to regain lost business. The steel drum Bangalore division witnessed a higher sales value predominantly due to high Steel prices and increase in volume. The plastics division saw a shortfall in turnover y-o-y. 

Balmer Lawrie Van Leer Net Profit Growth(PAT)

Growth in %

  • 4.49%

    1 Year

  • 6.88%

    3 Year

  • 15.30%

    5 Year

In FY21, the company's net profit showed an increase of 4.5% y-o-y primarily because of lower finance cost y-o-y and lower tax expense y-o-y due to decrease in current tax and deferred tax credit of Rs. 2.97 crores. Moreover, the company saw a rebound in revenue in last 9 months and were partly able to regain its lost business which helped the net profit to increase. The plastic container Chennai division maintained its constant effort in increasing productivity, quality and austerity. The division could record better Revenue and volumes compared to last year. The division turnaround was possible with a impressive jump of 276% in PBT

Balmer Lawrie Van Leer EPS Growth

Growth in %

  • 4.50%

    1 Year

  • 6.89%

    3 Year

  • 15.30%

    5 Year

In FY21, EPS increased by 4.5% y-o-y because of lower finance cost y-o-y and lower tax expense y-o-y due to decrease in current tax and deferred tax credit of Rs. 2.97 crores.

  • Balmer Lawrie Van Leer Book Value Growth

Growth in %

  • 12.19%

    1 Year

  • 10.82%

    3 Year

  • 13.25%

    5 Year

In FY21, book value increased by 7.5% y-o-y due to increase in net profit by 4.5% y-o-y and increase in retained earnings by 12.4% y-o-y. Moreover, the company has not issued new shares.

Balmer Lawrie Van Leer EBITDA Growth

Growth in %

  • -12.22%

    1 Year

  • 1.42%

    3 Year

  • 9.32%

    5 Year

In FY21, EBITDA decreased by 12.2% y-o-y due to reduction in revenues by 3% y-o-y and the total expenses increased by 1% y-o-y.

Balmer Lawrie Van Leer Operating Profit Growth

Growth in %

  • -16.32%

    1 Year

  • -0.96%

    3 Year

  • 8.77%

    5 Year

In FY21, operating profit decreased by 16.3% y-o-y due to reduction in revenues by 3% y-o-y and the total expenses increased by 1% y-o-y.

Balmer Lawrie Van Leer Asset Growth

Growth in %

  • 9.72%

    1 Year

  • 13.18%

    3 Year

  • 12.46%

    5 Year

In FY21, total assets increased by 9.7% y-o-y due to increase in capital work-in-progress, trade receivables and other current financial assets.

Balmer Lawrie Van Leer Cash Flow from Operations

Growth in %

  • 35.30%

    1 Year

  • 20.50%

    3 Year

  • 10.84%

    5 Year

In FY21, cash flow from operations increased by 35.3% y-o-y with increase in provisions, trade payables and other liabilities in FY21 whereas there was reduction in FY20. Also, there was less increase in inventories to Rs. 4 crores from Rs. 12 crores.

  • Balmer Lawrie Van Leer Solvency Ratios


Balmer Lawrie Van Leer D/E Ratio

In FY21, the company's debt to equity ratio increased as the long term debt increased by 35.6% y-o-y and the equity increased less than the increase in long term debt. The company is planning to expand the product portfolio by adding new capacities and products in Plastic and Rubber Gasket segments, hence which could be one of the reason for increased borrowings. 

Balmer Lawrie Van Leer Current Ratio

In FY21, the company's current ratio decreased by 1.6% y-o-y due to increase in current assets by 7.6% y-o-y and increase in current liabilities by 6.7% y-o-y. Current assets increased due to increase in trade receivables and other current assets. Current Liabilities increased with increase in trade payables and other financial liabilities. The company has earned revenue by selling its products on credit due to which the trade receivable has increased but has purchased goods on credit in larger quantity which is the reason current liabilities is more than current assets.

Balmer Lawrie Van Leer Quick Ratio

In FY21, the company's quick ratio decreased by 2.3% y-o-y due to increase in current liabilities by 6.7% y-o-y. Current assets increased due to increase in trade receivables and other current assets as the company sold its products on credit. Current liabilities increased with increase in trade payables and other financial liabilities as the company purchased its goods on credit. Also the company had purchased goods on credit in large quantities than selling its products on credit which is the reason current liabilities is more than the quick assets.

Balmer Lawrie Van Leer Interest Coverage Ratio

In FY21, the company's interest coverage ratio increased by 3.5% y-o-y as the finance cost reduced by 19.2% y-o-y. Although, EBIT reduced by 16% y-o-y due to reduction in revenues, reduction in EBIT was less than the reduction in finance cost y-o-y. 

  • Balmer Lawrie Van Leer Operating Efficiency

Balmer Lawrie Van Leer Operating Profit EBIT Margin(OPM)

In FY21, the company's operating profit EBIT margin reduced to 9.46% from 11.07% y-o-y. EBIT margin reduced due to reduction in revenues by 3% and with total expenses increasing by 1%.

Balmer Lawrie Van Leer Profit Before Tax Margin (PBT Margin)

In FY21, the company's PBT margin reduced to 7.6% from 8.82% y-o-y. EBIT margin reduced due to reduction in revenues by 3% and with total expenses increasing by 1%. Also, due to reduction in finance cost to Rs. 7.92 crores from Rs. 9.80 crores there is reduction in PBT margin.

Balmer Lawrie Van Leer Profit After Tax Margin (PAT Margin)

In FY21, the company's PAT margin increased by 4% y-o-y due to 54% less tax expenses y-o-y. 

  • Balmer Lawrie Van Leer Profitablity Ratio

Balmer Lawrie Van Leer Return on Equity(RoE)

In FY21, the company's ROE decreased by 6.87% y-o-y. As per dupont analysis, one major contributor explaining the growth of the company has been net income margin which increased by 6.7%. Asset turnover ratio, on the other hand fell 15.6%, y-o-y, which was a result on account of higher intangible assets under development by 62% y-o-y and higher receivables received by the company which increased by 24%. The equity multiplier of the company also increased marginally as the company's retained earnings increased by 24.2% y-o-y to INR 107.18 crores. Also the total revenue of the company decreased in FY21 due to covid-19 restrictions which led to the fall in the company's ROE.

Balmer Lawrie Van Leer Return on Capital Employed(RoCE)

In FY21, there is a gradual decline in ROCE primarily on account of higher capital work in progress in 2020 as compared to 2020. Capital work in progress has been increased from INR 19 crores in 2019 to INR 51 crores in 2020 on account of increase in cash balances and inventory level.

Balmer Lawrie Van Leer Return to Assets (RoA)

In FY21, there is decrease in ROA% of the company primarily on account of higher intangible assets under development by 62% y-o-y. Other intangible assets include computer software and capital work in progress which are assets not yet ready for use. The company expects the capital work in progress to provide increased revenues for the company in the future. In addition, the company received higher total receivables by 24% y-o-y.

  • Balmer Lawrie Van Leer Valuation Ratios

Balmer Lawrie Van Leer Dividend Yield

Balmer Lawrie Van Leer Earning Yield