BALMER LAWRIE-VAN LEER LIMITED UNLISTED SHARE
Founded on 27 July 1962, Balmer Lawrie-Van Leer Limited is a Public Limited Company registered with the registrar of companies, Mumbai. The authorized equity capital of the company is Rs. 190,000,000 and the paid-up capital is Rs. 179,634,144.
It has eight Strategic Business Units:
The Company is involved in manufacturing Steel Barrels, Industrial Greases & Specialty Lubricants, Corporate Travel, and Logistics Services. It has four Joint Ventures, and the company is involved in the manufacturing as well as the service sector.
INCORPORATION DETAILS
|
CIN |
U99999MH1962PLC012424 |
|
Registration Date |
27 July 1962 |
|
Company Name |
Balmer Lawrie-Van Leer Limited |
|
Email Address |
response@blvlindia.com |
|
GST Number |
27AAACB2906R1ZF |
|
Category/Sub-category of the Company |
Company Limited by Shares / Non-Government Company |
|
Class of Company |
Public |
|
Listing Status |
Unlisted |
|
Registration Number |
12424 |
|
Address of the Registered office & contact details |
D-195/2, T.T.C. Industrial. Area, MIDC Turbhe, Near Turbhe Telephone Exchange, Navi Mumbai-400 705 |
|
Company Secretary & Compliance Officer |
Mr.Nilesh Shirke |
|
Name, Address & contact details of the Registrar & Transfer Agent, if any |
C-101, 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai-400 083. |
BOARD OF DIRECTORS
Mr. Hari Krishna Kumar (Chairman)
Mr. Girish Pundlik (Managing Director)
Mr. Prabal Basu (Upto 17.12.2020)
Mr. AdikaRatna Sekhar (from 18.12.2020)
Mr. Jaime Moreno Marin (Upto 31.05.2021)
Mrs. Donna M McPherson (from 01.06.2021)
Mr. Balaji Venkatesh Sathyanarayanan (w.e.f. 17.01.2020)
Mr. Sandip Das (w.e.f. 01.05.2020)
Mr. Vasudev Narayan Sharma (Independent Director)
Mr. Jozef M. Casparie (Independent Director)
Principal Business Activities of the Company
|
S. No. |
NIC Code of the Product /service |
NIC Code of the Product /service |
% to total turnover of the company |
|
1 |
Steel Drum Closures |
33113 |
43.91% |
|
2 |
Plastic Containers |
22203 |
56.09% |
|
|
Total |
100.00% |
SHAREHOLDING PATTERN
(As on 31-03-2020)
|
S. No. |
Shareholder’s Name |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoter |
17,202,559 |
95.83% |
|
2 |
Public |
7,49,455 |
4.17% |
|
|
Total |
1,79,52,014 |
100% |
PROFIT & LOSS STATEMENT OF BALMER LAWRIE-VAN LEER LIMITED (Rs.in Lakhs)
(As of 31-03-2019 to 31-03-2021)
|
PARTICULARS |
2021 |
2020 |
2019 |
|
Revenue |
|
||
|
Revenue from Operations |
42,634 |
43,553 |
49,884 |
|
Other Income |
210 |
801 |
143 |
|
Total Revenue |
42,844 |
44,354 |
50,027 |
|
Expenses |
|
||
|
Cost of materials consumed |
23,875 |
24,772 |
31,809 |
|
Purchases of stock-in-trade |
136 |
176 |
171 |
|
Changes in inventories of finished goods, work-in-progress, and stock-in-trade |
151 |
116 |
(535) |
|
Employee benefits expense |
5,183 |
5,116 |
4,544 |
|
Finance costs |
792 |
980 |
940 |
|
Depreciation and amortization expense |
1,402 |
1,372 |
1,244 |
|
Other expenses |
8,063 |
7,981 |
8,115 |
|
Total Expenses |
39,602 |
40,513 |
46,288 |
|
Profit Before Tax |
3,242 |
3,841 |
3,739 |
|
Tax Expense |
|
||
|
Current tax |
910 |
1,294 |
1,240 |
|
Deferred tax expense / (credit) |
(297) |
31 |
57 |
|
Total Tax Expenses |
613 |
1,325 |
1,297 |
|
Net profit after tax |
2,629 |
2,516 |
2,442 |
|
Other comprehensive income |
|
||
|
Items that will not be reclassified to profit or loss |
|
||
|
Measurements of defined employee benefit plans |
(132) |
(104) |
137 |
|
Income tax relating to items that will not be reclassified to profit or loss |
33 |
36 |
(48) |
|
Items that will be reclassified to profit or loss |
|
||
|
Deferred loss on cash flow hedges |
(3) |
(20) |
(279) |
|
Income tax relating to items that will be reclassified to profit or loss |
(28) |
7 |
97 |
|
(130) |
(81) |
(93) |
|
|
Total comprehensive income for the period |
2,499 |
2,435 |
2,349 |
|
Total comprehensive income for the period |
|
||
|
Earnings per equity share (Basic in Rs.) |
14.63 |
14.00 |
13.58 |
|
Earnings per equity share (Diluted in Rs.) |
14.63 |
14.00 |
13.58 |
|
Face value per share (in Rs.) |
10.00 |
10.00 |
10.00 |
BALANCE SHEET OF BALMER LAWRIE-VAN LEER LIMITED (Rs. in Lakhs)
(As of 31-03-2019 to 31-03-2021)
|
PARTICULARS |
2021 |
2020 |
2019 |
|
|
ASSETS |
|
|
||
|
Non-current assets |
|
|
||
|
Property, plant, and equipment |
11,961 |
12,245 |
11,867 |
|
|
Capital work-in-progress |
8,280 |
5,102 |
1,888 |
|
|
Goodwill |
1,016 |
1,016 |
1,016 |
|
|
Other intangible assets |
29 |
62 |
76 |
|
|
Financial assets |
|
|
||
|
Investment |
1,818 |
1,818 |
1,818 |
|
|
Loans |
432 |
400 |
272 |
|
|
Other financial assets |
3 |
35 |
8 |
|
|
Other non-current assets |
486 |
837 |
915 |
|
|
24,025 |
21,515 |
17,860 |
|
|
|
Current assets |
|
|
||
|
Inventories |
7,878 |
7,476 |
6,236 |
|
|
Financial assets |
|
|
||
|
Trade receivables |
9,904 |
8,014 |
8,144 |
|
|
Cash and bank balances |
883 |
1,706 |
425 |
|
|
Loans |
197 |
185 |
149 |
|
|
Other financial assets |
375 |
595 |
350 |
|
|
Other current assets |
2,201 |
1,943 |
2,153 |
|
|
TOTAL CURRENT ASSETS |
21,438 |
19,919 |
17,457 |
|
|
TOTAL ASSETS |
45,463 |
41,434 |
35,317 |
|
|
EQUITY AND LIABILITIES |
|
|
||
|
Equity |
|
|
||
|
Equity share capital |
1,796 |
1,796 |
1,796 |
|
|
Other equity |
14,691 |
13,538 |
13,051 |
|
|
|
16,487 |
15,334 |
14,847 |
|
|
Liabilities |
|
|
|
|
|
Non-current liabilities |
|
|
|
|
|
Financial liabilities |
|
|
|
|
|
Borrowings |
6,790 |
5,008 |
2,319 |
|
|
Other financial liabilities |
78 |
35 |
18 |
|
|
Provisions |
18 |
23 |
131 |
|
|
Deferred tax liabilities (net) |
389 |
691 |
703 |
|
|
|
7,275 |
5,757 |
3,171 |
|
|
Current liabilities |
|
|
|
|
|
Financial liabilities |
|
|
|
|
|
Borrowings |
9,646 |
11,481 |
8,346 |
|
|
Trade payables |
|
|
|
|
|
Total outstanding dues of micro-enterprises and small enterprises |
428 |
291 |
623 |
|
|
Total outstanding dues of creditors other than micro-enterprises and small enterprises |
5,110 |
3,367 |
3,187 |
|
|
Other financial liabilities |
5,275 |
4,093 |
4,259 |
|
|
Provisions |
511 |
522 |
284 |
|
|
Current tax liabilities (net) |
330 |
207 |
151 |
|
|
Other current liabilities |
401 |
382 |
449 |
|
|
TOTAL CURRENT LIABILITIES |
21,701 |
20,343 |
17,299 |
|
|
TOTAL LIABILITIES |
45,463 |
41,434 |
35,317 |
|
DIVIDEND AND RETAINED EARNINGS
(As of 31-03-2019 to 31-03-2021)
|
Particulars |
2021 |
2020 |
2019 |
|
Dividend (In Rs. per share) |
5.50 |
7.50 |
9.00 |
|
Retained Earnings (In Rs. Lakhs) |
10,718 |
9,534 |
9,034 |
PERFORMANCE OF THE COMPANY
Revenue from Operations decreased from Rs. 43,553 Lakhs in FY 2020 to Rs. 42,634 Lakhs in FY 2021, showing a decline of 2.11%as compared to the previous financial year.
Finance Cost has decreased from Rs.980 Lakhs in FY 2020 to Rs. 792 Lakh in FY 2021.
Due to differed tax credits In FY 2021, Company’s Net profit stood at Rs. 2,629 Lakh, 4.49% higher than Rs. 2,516 Lakh profit of FY 2020
The current Ratio of the company as of 31st March 2021 was 0.98%.
The Company paid a dividend of Rs. 5.50 in the financial year 2020-2021.
