Balmer Lawrie: Difference between revisions

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| native_name      = <!-- Company's name in home country language -->
| native_name      = <!-- Company's name in home country language -->
| native_name_lang = <!-- Use ISO 639-2 code, e.g. "fr" for French. If there is more than one native name, in different languages, enter those names using {{tl|lang}}, instead. -->
| native_name_lang = <!-- Use ISO 639-2 code, e.g. "fr" for French. If there is more than one native name, in different languages, enter those names using {{tl|lang}}, instead. -->
| type = [[Public sector undertakings in India|Public Sector Undertaking]]
| type = [[Government of India|Government Corporation]]
| traded_as =  {{BSE|523319}} <br/>{{NSE|BALMLAWRIE}}
| traded_as =  {{BSE|523319}} <br/>{{NSE|BALMLAWRIE}}
| industry        =  
| industry        =  
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| assets          =  
| assets          =  
| equity          =  
| equity          =  
| owner            = [[Government of India]]
| owner            = [[Government of India]] (100%)
| num_employees    =  
| num_employees    =  
| parent          =  
| parent          = [[Ministry of Petroleum and Natural Gas]] , [[Government of India]]
| divisions        =  
| divisions        =  
| subsid          =  
| subsid          =  
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}}
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'''Balmer Lawrie & Co. Ltd.''' (BL) is a partnership firm founded on 1 February 1867 in [[Kolkata]], [[India]] by two Scotsmen: George Stephen Balmer and Alexander Lawrie. Today Balmer Lawrie is a Mini-Ratna I Public Sector Enterprise under the [[Ministry of Petroleum and Natural Gas]], [[Government of India]], with a turnover of ₹1612 crores and a profit of ₹232 crores as of 31 March 2020.<ref>{{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}}</ref><ref>{{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}}</ref> 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.<ref name=":0">{{Cite web|url=http://economictimes.indiatimes.com/balmer-lawrie-&-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}}</ref><ref>{{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}}</ref> Net Sales/Income from operations is ₹1534 crores in FY 2019–20.[https://www.moneycontrol.com/india/stockpricequote/diversified/balmerlawriecompany/BLC]
'''Balmer Lawrie & Co. Ltd.''' (BL) is a [[Government of India|government corporation]] and is under the [[ownership]] of [[Ministry of Petroleum and Natural Gas]] , [[Government of India]]. It was a partnership firm founded on 1 February 1867 in [[Kolkata]], [[India]] by two Scotsmen: George Stephen Balmer and Alexander Lawrie. Today Balmer Lawrie is a [[Government of India|government corporation]] with a turnover of ₹1612 crores and a profit of ₹232 crores as of 31 March 2020.<ref>{{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}}</ref><ref>{{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}}</ref> 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.<ref name=":0">{{Cite web|url=http://economictimes.indiatimes.com/balmer-lawrie-&-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}}</ref><ref>{{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}}</ref> Net Sales/Income from operations is ₹1534 crores in FY 2019–20.[https://www.moneycontrol.com/india/stockpricequote/diversified/balmerlawriecompany/BLC]


It has six Strategic Business Units – Industrial Packaging, Greases & Lubricants, Leather Chemicals, Travel & Vacations, Logistics and Refinery & Oil Field Services, with offices spread across the country and abroad.
It has six Strategic Business Units – Industrial Packaging, Greases & Lubricants, Leather Chemicals, Travel & Vacations, Logistics and Refinery & Oil Field Services, with offices spread across the country and abroad.
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{{Energy Ministries and Departments of India}}
{{Energy Ministries and Departments of India}}
{{Indian PSU}}
{{Kolkata topics}}
{{Kolkata topics}}
{{Public Sector Undertakings in India}}
{{Public Sector Undertakings in India}}
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[[Category:Companies established in 1867]]
[[Category:Companies established in 1867]]
[[Category:1867 establishments in India]]
[[Category:1867 establishments in India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]


{{india-company-stub}}
{{india-company-stub}}
{{en-Wikipedia}}

Revision as of 20:48, 22 August 2021

Balmer Lawrie
Traded asBSE: 523319
NSE: BALMLAWRIE
FoundedCalcutta, British India (1867; 159 years ago (1867))
Headquarters
Kolkata
,
India
OwnerGovernment of India (100%)
ParentMinistry of Petroleum and Natural Gas , Government of India
Websitebalmerlawrie.com

Balmer Lawrie & Co. Ltd. (BL) is a government corporation and is under the ownership of Ministry of Petroleum and Natural Gas , Government of India. It was a partnership firm founded on 1 February 1867 in Kolkata, India by two Scotsmen: George Stephen Balmer and Alexander Lawrie. Today Balmer Lawrie is a government corporation with a turnover of ₹1612 crores and a profit of ₹232 crores as of 31 March 2020.[1][2] 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.[3][4] Net Sales/Income from operations is ₹1534 crores in FY 2019–20.[1]

It has six Strategic Business Units – Industrial Packaging, Greases & Lubricants, Leather Chemicals, Travel & Vacations, Logistics and Refinery & Oil Field Services, with offices spread across the country and abroad.

Balmer Lawrie has grown enormously in the last 153 years and has become the market leader in Steel Barrels, Industrial Greases & Specialty Lubricants, Corporate Travel and Logistics Services. It has very well responded to the demands of an ever changing environment and has taken full advantage of every opportunity to innovate. Balmer Lawrie also grew inorganically through various JVs over the period of time.

References

  1. ↑ "Welcome to Balmer Lawrie Driven by Diversity Lead by Change". balmerlawrie.com. Retrieved 31 January 2017.
  2. ↑ "Financial Results of Balmer Lawrie". balmerlawrie.com. Retrieved 31 January 2017.
  3. ↑ "Balmer Lawrie & Company Chairman Speech | Balmer Lawrie & Company Ltd Chairman Speech". The Economic Times. Retrieved 31 January 2017.
  4. ↑ "Milestones of Balmer Lawrie". balmerlawrie.com. Archived from the original on 25 November 2016. Retrieved 31 January 2017.

External links

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