Event Details
The 109th Annual General Meeting of Balmer Lawrie & Co. Ltd., a Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Government of India, was held on 21st September 2026. The company celebrated its 160th year since inception.
Chairman's Speech Highlights
The Chairman highlighted three defining features: 160-years legacy of resilience, deepening alignment with nation's priorities, and decisive embrace of technology. The company operated in an era of unprecedented volatility shaped by escalation of the Gulf Crisis, rise of global Tariff Protectionism, and resulting disruption to established supply chains. The company pivoted towards aligning operations to cater to robust domestic demand, expanding supply chain touchpoints including increased focus on domestic logistics operations through Rail Logistics and 3rd Party Logistics.
Domestic tourism showed a 52.7% surge in visits between January and September 2025. The company aligned its tour packages, retail vacations and MICE (Meetings, Incentives, Conferences and Exhibitions) capabilities accordingly.
Financial Performance FY 2025-26
Net Turnover: ₹2,78,459.58 Lakhs, representing 8.03% growth over previous year's ₹2,57,762.84 Lakhs
Profit Before Tax (PBT): ₹33,086.61 Lakhs, up from ₹31,378.99 Lakhs in FY 2024-25
Reserves and Surplus: ₹1,38,448.31 Lakhs as of 31st March 2026, compared to ₹1,35,694.55 Lakhs at previous year-end
The strong profitability was driven by exceptional performance of Travel & Vacations and Logistics businesses, which capitalized on optimized operational efficiencies.
Strategic Business Units Performance
Industrial Packaging (SBU: IP) - Sustained market leadership through continuous technological upgradation and pan-India manufacturing footprint of six plants. Achieved growth in both production volume and turnover in FY 2025-26.
Greases & Lubricants (SBU: G&L) - Backed by eight decades of expertise, operates under flagship brand Balmerol with over 250 product grades. Actively innovating into eco-friendly and synthetic lubricants. Achieved 10% volume growth during the year, although overall profitability faced pressure due to intense market competition and scarcity of certain base oil grades.
Chemicals (SBU: Chemicals) - Zero Liquid Discharge (ZLD) manufacturing facility in Chennai leads the Fat Liquors segment under "Balmol" brand. Growth driven through innovative hybrid sulphitation technologies. Recorded all-time highest turnover and profit during FY 2025-26 through operational excellence and proactive marketing.
Logistics - Delivers integrated supply chain solutions through advanced network of CFS facilities, warehouses and specialized Cold Chain units. Has extensive experience in handling sensitive cargo across transportation modes. New rail logistics foray strengthens offering and is expected to be key growth driver.
Travel & Vacations (SBU: T&V) - Emerged as key growth driver with 25% increase in registrations on exclusive Government of India employee travel portal. Achieved 15% year-on-year growth in ticketing volumes. Vacations, Retail and MICE divisions recorded their highest-ever gross toplines.