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Balmer Lawrie Investments Ltd

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

  1. ravish55

    ravish55 Member

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    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
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  2. ravish55

    ravish55 Member

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    ravish55, May 19, 2020
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  3. shabbir

    shabbir Administrator Staff Member

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    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
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  4. ravish55

    ravish55 Member

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    ——-\\———\\——

    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
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  5. shabbir

    shabbir Administrator Staff Member

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    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
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  6. mihir68sarkar

    mihir68sarkar Member

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    Any advise to invest in buying shares of RITES?
     
    mihir68sarkar, May 25, 2020
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  7. shabbir

    shabbir Administrator Staff Member

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    shabbir, May 27, 2020
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