1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Balmer Lawrie Investments Ltd

Discussion in 'Investment Analysis' started by ravish55, May 19, 2020.

  1. ravish55

    ravish55 Member

    Joined:
    May 29, 2017
    Messages:
    13
    Likes Received:
    14
    Any suggestions / comments on Balmer Lawrie Investments Ltd (BLIL) Investment. Since they are only holding shares of parent company, 50% profits are distributed as dividend I.e 10.7%. No debt on company. ROCE: 49.84 %, ROE: 48.39 %, Sales Growth (3Yrs): 27.37 %
     
    ravish55, May 19, 2020
    Share #1
    nirajshah likes this.
  2. ravish55

    ravish55 Member

    Joined:
    May 29, 2017
    Messages:
    13
    Likes Received:
    14
    ravish55, May 19, 2020
    Share #2
    nirajshah likes this.
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    I like to invest in growth.

    This is not very comforting.

    Compounded Sales Growth
    10 Years: -1.02%
    5 Years: -10.70%
    3 Years: 3.65%
     
    shabbir, May 19, 2020
    Share #3
    nirajshah likes this.
  4. ravish55

    ravish55 Member

    Joined:
    May 29, 2017
    Messages:
    13
    Likes Received:
    14
    ——-\\———\\——

    Shabbir ji,

    Thank you.
    I am talking about Balmer Lawrie Investment Limited. Growth Data what you have posted is for Balmer Lawrie Company Limited. Investment company business is only to hold equity of parent company. I don’t know exactly what it means.

    Even PE is about 8.5. Good valuation in terms of earning per rupee.

    IMG_8933.JPG IMG_8934.JPG


    Sent from my iPhone using DIY Technical Analysis mobile app
     
    ravish55, May 19, 2020
    Share #4
    nirajshah likes this.
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    So if the company is not making growth, how is the parent company showing growth? I like to avoid things that I don't understand.

    Moreover, this is a PSU and it always trade at a low PE. However, I prefer to avoid them. Read https://shabbir.in/fundamental-analysis/
     
    shabbir, May 20, 2020
    Share #5
    nirajshah likes this.
  6. mihir68sarkar

    mihir68sarkar Member

    Joined:
    Feb 7, 2020
    Messages:
    10
    Likes Received:
    6
    Any advise to invest in buying shares of RITES?
     
    mihir68sarkar, May 25, 2020
    Share #6
    nirajshah likes this.
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    shabbir, May 27, 2020
    Share #7