Balmer Lawrie & Company Ltd. share price target

~ 10.1 % EBITDA margins in H1FY17, up from 859 mn & ~ 9.5 % during H1FY16. A combination of a rise in other income, a drop in finance costs and a lower tax provision helped BL grow its bottom-line ~ 15.9 % yoy from 558 mn in H1FY16 to 646 mn in H1FY17. Industrial Packaging & Logistics SBUs witnessed flattish trends Industrial packaging SBU witnessed a flattish trend with its revenue falling ~ 0.9 % from 3,035 mn in H1FY16 to 3,006 mn in H1FY17 and its operational profits falling ~ 4.2 % from 348...

facilities in Hyderabad, Delhi NCR and Mumbai and a multimodal logistics park at Vishakapatnam Port. With various policy initiatives for boosting agriculture & the rural economy, considerable upside potential in cold storage usage and eventual...

Balmer Lawrie & Co Ltd's expansion plans to provide one stop logistics solutions with diversified operations, like setting up satellite branches at Guntur and Indore, JV with Vizag Port Trust for setting up a Multi Modal Logistics Hub (which is already being approved by Central Govt.) and setting up three new temperature controlled warehouses at Hyderabad, NCR and Mumbai would boost high EBIT margin logistics business.

Balmer: Well diversified with presence in high growth segments

Balmer Lawrie started its journey as Partnership firm in 1867 founded by George Stephen Balmer and Alexander Lawrie, in Kolkata. It became a public company in 1936 and later owned by...