Balmer Lawrie
{{Short description|Central Public Sector Undertaking}}
{{Use dmy dates|date=December 2020}}
{{Use Indian English|date=January 2022}}
{{Infobox company
| name = Balmer Lawrie
| logo = Balmer_Lawrie_Logo.png
| logo_caption =
| image = Balmer Lawrie Headquarters Kolkata.jpg
| image_caption = Balmer Lawrie headquarters in Kolkata
| trading_name =
| type = Public Sector Undertaking
| traded_as = {{BSE|523319}}
{{NSE|BALMLAWRIE}}
| industry = {{ubl|Steel|Lubricants|Travel|Logistics}}
| fate =
| successor =
| foundation = ({{Start date and age|1867}}) in Calcutta, British India
| founder = Stephen George Balmer
Alexander Lawrie
| defunct =
| location_city = Kolkata
| area_served =
| key_people = Adhip Nath Palchaudhuri (Chairman & Managing Director)
| products =
| production =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner = Government of India
| num_employees =
| parent = Ministry of Petroleum and Natural Gas, Government of India
| divisions =
| subsid = Visakhapatnam Port Logistics Park Limited
| footnotes =
| intl =
| romanized =
| former type =
| location_country = India
| homepage = {{Official url}}
| bodystyle =
}}
Balmer Lawrie & Co. Ltd. (BL) is an Indian central public sector undertaking and a conglomerate under the Ministry of Petroleum and Natural Gas, Government of India. It is classified as a category-I Miniratna company. Originally founded in 1867 by George Stephen Balmer and Alexander Lawrie in Calcutta, British India, the conglomerate has eight strategic business units, four joint ventures in India and abroad, and a subsidiary in India.
History
Balmer Lawrie was founded as a partnership firm on 1 February 1867 in Calcutta, British India, by two Scotsmen: George Stephen Balmer and Alexander Lawrie.{{cite news |last1=Bhaskar |first1=Utpal |title=Balmer Lawrie's eight units may be sold off separately |url=https://www.livemint.com/companies/news/balmer-lawrie-s-eight-units-may-be-sold-off-separately-11610418647657.html |access-date=14 October 2023 |work=Mint |date=12 January 2021 |archive-date=16 January 2021 |archive-url=https://web.archive.org/web/20210116103439/https://www.livemint.com/companies/news/balmer-lawrie-s-eight-units-may-be-sold-off-separately-11610418647657.html |url-status=live }}{{Cite web|url=http://www.balmerlawrie.com/pages/viewpages/1|title=Welcome to Balmer Lawrie Driven by Diversity Lead by Change|website=balmerlawrie.com|language=en|access-date=31 January 2017|archive-date=20 January 2017|archive-url=https://web.archive.org/web/20170120170417/http://balmerlawrie.com/pages/viewpages/1|url-status=live}}{{Cite web|url=http://www.balmerlawrie.com/pages/financialresultsinvestor|title=Financial Results of Balmer Lawrie|website=balmerlawrie.com|language=en|access-date=31 January 2017|archive-date=18 January 2017|archive-url=https://web.archive.org/web/20170118062022/http://www.balmerlawrie.com/pages/financialresultsinvestor|url-status=live}} It became a private limited company in 1924 with a paid-up share capital of ₹40 lakhs, a public limited company in 1936 and then a Government of India Enterprise in 1972.{{Cite web|url=http://economictimes.indiatimes.com/balmer-lawrie-%26-company-ltd/chairmanspeech/companyid-12675.cms|title=Balmer Lawrie & Company Chairman Speech {{!}} Balmer Lawrie & Company Ltd Chairman Speech|website=The Economic Times|access-date=31 January 2017|archive-date=6 February 2017|archive-url=https://web.archive.org/web/20170206141750/http://economictimes.indiatimes.com/balmer-lawrie-%26-company-ltd/chairmanspeech/companyid-12675.cms|url-status=live}}{{Cite web|url=http://balmerlawrie.com/pages/milestone|title=Milestones of Balmer Lawrie|website=balmerlawrie.com|language=en|access-date=31 January 2017|archive-url=https://web.archive.org/web/20161125095341/http://balmerlawrie.com/pages/milestone|archive-date=25 November 2016|url-status=dead}}{{Primary source inline|date=February 2022}} BL is classified as a category-I Miniratna company.{{cite news |title=70 companies with pre-1947 roots |url=https://www.livemint.com/Companies/IvqNiC0KHlZg9ZOXhFbe4O/70-companies-with-pre1947-roots.html |access-date=14 October 2023 |work=Mint |date=17 August 2017 |archive-date=4 June 2023 |archive-url=https://web.archive.org/web/20230604225747/https://www.livemint.com/Companies/IvqNiC0KHlZg9ZOXhFbe4O/70-companies-with-pre1947-roots.html |url-status=live }}
Joint ventures and subsidiary
Balmer Lawrie has joint ventures in both Indian and abroad and a subsidiary in India.
= Joint Ventures in India =
- Balmer Lawrie - Van Leer Ltd.
- AVI-OIL India Pvt. Ltd.
= Joint Ventures abroad =
- PT. Balmer Lawrie Indonesia
- Balmer Lawrie (UAE) LLC
= Subsidiary =
- Visakhapatnam Port Logistics Park Limited
Service
It has eight strategic business units: Industrial Packaging, Greases & Lubricants, Chemicals, Travel & Vacations, Logistics Infrastructure, Logistics Services, Cold Chain and Refinery & Oil Field Services, with offices spread across the country and abroad.{{Citation needed|date=January 2022}} BL is present in eight businesses: Travel and Vacations, Industrial Packaging, Greases and Lubricants, Leather Chemicals, Logistics, Logistics Infrastructure, Logistics Services, and Refinery and Oil Field.
Recent developments
Today, Balmer Lawrie is a government sector enterprise with a turnover of ₹2,404 crores and a profit of ₹203 crores as of 31 March 2025. During FY 2024–25, the PSE earned a revenue of {{INRConvert|2404|c|lk=on}}.{{Cite web|title=Balmer Lawrie and Company Ltd.|url=https://www.moneycontrol.com/india/stockpricequote/diversified/balmerlawriecompany/BLC|access-date=13 February 2022|website=Moneycontrol|language=en|archive-date=14 December 2021|archive-url=https://web.archive.org/web/20211214022021/https://www.moneycontrol.com/india/stockpricequote/diversified/balmerlawriecompany/BLC|url-status=live}}
References
{{reflist}}
External links
- {{Official website}}
{{Energy Ministries and Departments of India}}
{{Kolkata topics}}
{{Public Sector Undertakings in India}}
{{authority control}}
Category:Companies nationalised by the Government of India
Category:Companies based in Kolkata
Category:Chemical companies of India
Category:Packaging companies of India
Category:Government-owned companies of India
Category:Companies established in 1867
Category:1867 establishments in India
Category:Companies listed on the National Stock Exchange of India
Category:Companies listed on the Bombay Stock Exchange
Category:Indian companies established in 1924
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