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Balmer Lawrie
| File:Balmer Lawrie Logo.png | |
 Balmer Lawrie Headquarters in Kolkata | |
| Traded as | BSE: 523319 NSE: BALMLAWRIE |
|---|---|
| Founded | Calcutta, British India (1867) |
| Headquarters | , |
| Owner | Government of India (98%) |
| Parent | Ministry of Petroleum and Natural Gas , Government of India |
| Website | balmerlawrie.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[edit]
- ↑ "Welcome to Balmer Lawrie Driven by Diversity Lead by Change". balmerlawrie.com. Retrieved 31 January 2017.
- ↑ "Financial Results of Balmer Lawrie". balmerlawrie.com. Retrieved 31 January 2017.
- ↑ "Balmer Lawrie & Company Chairman Speech | Balmer Lawrie & Company Ltd Chairman Speech". The Economic Times. Retrieved 31 January 2017.
- ↑ "Milestones of Balmer Lawrie". balmerlawrie.com. Archived from the original on 25 November 2016. Retrieved 31 January 2017.
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Categories:
- Companies nationalised by the Government of India
- Companies based in Kolkata
- Chemical companies of India
- Packaging companies of India
- Government-owned companies of India
- Companies established in 1867
- 1867 establishments in India
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