Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
2,727.55
2,526.38
2,348.19
2,328.39
2,060.76
1,536.21
1,543.38
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
2,727.55
2,526.38
2,348.19
2,328.39
2,060.76
1,536.21
1,543.38
Raw Material Cost
1,744.28
1,601.84
1,489.50
1,600.07
1,426.81
982.81
907.56
Purchase of Finished goods
24.71
55.67
51.50
37.34
12.77
3.60
20.76
(Increase) / Decrease In Stocks
3.21
-1.81
2.54
-13.77
-4.69
0.34
-5.07
Employee Cost
267.54
256.65
243.62
251.42
227.77
218.55
215.18
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
3.94
4.18
3.46
4.46
3.51
3.52
2.95
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
323.36
287.57
244.57
240.18
228.77
207.33
208.80
Total Expenditure (Excl Depreciation)
2,367.04
2,204.10
2,035.19
2,119.70
1,894.94
1,416.15
1,350.18
Operating Profit (PBDIT) excl Other Income
360.51
322.28
313.00
208.69
165.82
120.06
193.20
Other Income
46.56
50.17
51.24
36.82
44.75
76.54
55.14
Operating Profit (PBDIT)
407.07
372.45
364.24
245.51
210.57
196.60
248.34
Interest
33.48
26.53
22.05
17.94
13.59
11.92
14.87
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
373.59
345.92
342.19
227.57
196.98
184.68
233.47
Depreciation
76.08
60.27
59.16
56.79
55.79
55.02
51.73
Profit Before Tax
297.51
285.65
283.04
170.79
141.19
129.65
181.75
Tax
87.65
83.57
77.37
59.19
48.52
41.70
57.50
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
209.86
202.08
205.66
111.60
92.66
87.96
124.25
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
209.86
202.08
205.66
111.60
92.66
87.96
124.25
Share in Profit of Associates
67.91
64.46
36.30
60.76
45.30
32.70
36.64
Minority Interest
-99.38
-94.91
-87.43
-61.43
-49.45
-40.93
-55.17
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
178.39
171.63
154.53
110.93
88.52
79.73
105.72
Equity Capital
22.20
22.20
22.20
22.20
22.20
22.20
22.20
Face Value
1.0
1.0
10.0
10.0
10.0
10.0
10.0
Reserves
1,417.36
1,353.65
1,198.59
1,117.43
1,094.29
1,075.78
1,081.24
Earnings per share (EPS)
8.04
7.73
6.96
5.0
39.87
35.91
47.62
Diluted Earnings per share
8.04
7.73
7.57
49.98
39.88
35.92
47.63
Operating Profit Margin (Excl OI)
13.22%
12.76%
13.33%
8.96%
8.05%
7.82%
12.52%
Gross Profit Margin
13.7%
13.69%
14.57%
9.77%
9.56%
12.02%
15.13%
PAT Margin
10.18%
10.55%
10.3%
7.4%
6.69%
7.85%
10.42%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 7.96% vs 7.59% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 3.94% vs 11.07% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 11.86% vs 2.96% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 26.20% vs 20.32% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Balmer Law. Inv. With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
2,727.55
234.70
2,492.85
1,062.14%
Other Operating Income
0.00
0.00
0.00
Total Operating income
2,727.55
234.70
2,492.85
1,062.14%
Raw Material Cost
1,744.28
0.00
1,744.28
Purchase of Finished goods
24.71
0.00
24.71
(Increase) / Decrease In Stocks
3.21
0.00
3.21
Employee Cost
267.54
48.58
218.96
450.72%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
3.94
123.87
-119.93
-96.82%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
323.36
14.01
309.35
2,208.07%
Total Expenditure (Excl Depreciation)
2,367.04
186.46
2,180.58
1,169.46%
Operating Profit (PBDIT) excl Other Income
360.51
48.24
312.27
647.33%
Other Income
46.56
0.04
46.52
116,300.00%
Operating Profit (PBDIT)
407.07
48.28
358.79
743.14%
Interest
33.48
6.53
26.95
412.71%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
373.59
41.75
331.84
794.83%
Depreciation
76.08
4.64
71.44
1,539.66%
Profit Before Tax
297.51
37.12
260.39
701.48%
Tax
87.65
5.22
82.43
1,579.12%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
209.86
31.89
177.97
558.07%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
209.86
31.89
177.97
558.07%
Share in Profit of Associates
67.91
0.00
67.91
Minority Interest
-99.38
0.00
-99.38
Other related items
0.00
0.00
0.00
Consolidated Net Profit
178.39
31.89
146.50
459.39%
Equity Capital
22.20
3.12
19.08
611.54%
Face Value
1.00
2.00
0.00
Reserves
1,417.36
97.83
1,319.53
1,348.80%
Earnings per share (EPS)
8.04
1.14
6.90
605.26%
Diluted Earnings per share
8.04
1.13
6.91
611.50%
Operating Profit Margin (Excl OI)
13.22%
20.55%
0.00
-7.33%
Gross Profit Margin
13.70%
17.79%
0.00
-4.09%
PAT Margin
10.18%
13.59%
0.00
-3.41%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 2,727.55 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 7.96% vs 7.59% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 178.39 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 3.94% vs 11.07% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 360.51 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 11.86% vs 2.96% in Mar 2025
Annual - Interest
Interest 33.48 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 26.20% vs 20.32% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 13.22%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






