• ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

  • Home

  • Menu

    • Snapshot
    • Key Ratio
    • Peers
    • Financials
    • Ownership
    • News
    • Event
    • RATING


      Strong Buy

      Business Type

      Emerging Leader

  • Discover

  • Market Place




Business Type

Traditional Business

Discover and get a complete analysis on Balmer Lawrie Van Leer Limited - Management, Business Model, Financials, Growth, Valuations, Funding Rounds, News and get the latest updates on Balmer Lawrie Van Leer Upcoming IPO.



Face Value


Total Share


Total Income

₹428.44 Cr

Profit After Tax

₹26.29 Cr







Market Capitalisation

₹582.38 Cr

Enterprise Value

₹769.88 Cr

Book Value


Intrinsic Value


Earnings Yield

4.52 %




Plastics Products


Micro Cap

Cashflow - Operations

₹47.37 Cr

Cashflow - Financing

-₹18.12 Cr

Balmer Lawrie Van Leer Growth

Compounded Sales Growth

  • -2.11%

    1 Year

  • 0.35%

    4 Year

  • 0.42%

    6 Year

Pro Only

Compounded Profit Growth

  • 4.49%

    1 Year

  • 9.23%

    4 Year

  • 27.99%

    6 Year

Pro Only

Return On Equity

  • 16.52%


  • 19.20%


  • 15.11%


Pro Only

About Balmer Lawrie Van Leer

  • Balmer Lawrie Van Leer Ltd. is engaged in the manufacturing of plastic container products. It is also the largest manufacturer of mild steel barrels and drums in India with a market share of around 60%. The company also provides Valérex 20/25 liter containers, Valérex 200 drums, open head drums, smartpacks, blow moulded containers, and liners. It serves steel drum manufacturers and steel drum users; and chemical, lube oil, and food companies. 
  • It was incorporated under the Companies Act, 1956 where it was originally known as Indian Flange & Manufacturing Company Pvt. Ltd. and was engaged in the manufacture of tri-sure closure systems.   
  • The company commenced operations from 1960 with the manufacturing of closure systems for steel drums under the 'Tri Sure' brand and it has forayed into the manufacturing of plastic containers under the brand name 'Valerex'.
  • In 1993, with equity participation from Balmer Lawrie & Co. Ltd. (a government of India enterprise) and Greif Inc, USA the company name was changed to Balmer Lawrie Van Leer Ltd. along with expansion of capacity of closure products and addition of new activities such as plastic containers.
  • The company was delisted from Bombay Stock Exchange in 2008. The company was formerly known as Tri-sure India Pvt. Ltd. and changed its name to Balmer Lawrie Van Leer Ltd. in 1993. Balmer Lawrie Van Leer Ltd. was incorporated in 1962 and is based in Navi Mumbai, India.

  • Balmer Lawrie Van Leer IPO Details

Company has no plan of listing in this financial year

  • Balmer Lawrie Van Leer Funding

  • Balmer Lawrie Van Leer Merger & Acquisition


  • On 2nd May 2001, Balmer Lawrie Van Leer Ltd. and Greif Inc. entered into an agreement whereby Greif will acquire 40.06% in Balmer Lawrie-Van Leer Ltd. for an undisclosed price.
  • On 27th October 20015, Balmer Lawrie Van Leer Ltd. agreed to acquire plastic drum unit from Gillanders Arbuthnot and Company Ltd. for INR 53.4 million in cash
  • Balmer Lawrie Van Leer Subsidiaries

  • Steel Drum Closure Division, Mumbai
  • Steel Drum Closure Division, Bangalore
  • Plastic Container Division, Mumbai
  • Plastic Container Division, Chennai
  • Plastic Container Division, Dehradun

Balmer Lawrie Van Leer Business Model

  • The company manufactures and sells steel drums closures and plastic containers in India and internationally. 
  • Balmer Lawrie Van Leer Revenue Segmentation

  • Steel Drum Closures
  • Plastic Containers
  • Balmer Lawrie Van Leer Product & Services


  • Steel Drum Closures
  • Plastic Containers
  • Balmer Lawrie Van Leer Assets

Assets as on 31 March 2021

Total Assets:


Amount (in Rs. crores)

Plant, Property and Equipment119.61
Intangible Assets10.45

Intangible Assets include goodwill and other intagible assets.

  • Balmer Lawrie Van Leer Industry Overview

Industry Statistics

Plastic Containers

  • Plastic containers are containers made exclusively or partially of plastic. Plastic containers are ubiquitous either as single-use or reusable/durable plastic cups, plastic bottles, plastic bags, foam food containers, tupperware, plastic tubes, etc.
  • According to Marketline, the Indian containers and packaging market grew by 7.6% in 2021 to reach a value of $19.2 bn. The compound annual rate of change of the market in period 2017-21 was -1.6%.
  • The Indian containers and packaging market grew by 6.9% in 2021 to reach a volume of 6.5 million tons. The compound annual rate of change of the market in the period 2017-21 was -2.1%. The plastic segment accounts for 19.7% of the containers and packaging market.
  • The packaging companies serve a variety of large markets, including food, beverages, healthcare and cosmetics.
  • The major driving force includes rising use of rigid plastic containers in food and beverages packaging to fuel demand, also plastic based containers are used in the packaging of drugs and medicines.
  • Competitive Landscape: Some of the key players in this sector include Ester Industries Ltd., FlexiTuff Ventures International Ltd., Jindal Poly Films Ltd. and others.

Steel Drum Closures

  • Steel drum closures refers to the container used for storing, containing and transporting finished products and materials for industrial operation owing to its reliability, durability and capacity of withstanding high and low temperature extremes.
  • Rising industrialization, rapid increase in cross-continent trade across end users, including pharmaceutical products, petroleum, food, constructional materials and chemicals, growing demand for strong, long lasting and eco-friendly packaging and shipping solution across the industries are some of the major factors expected to drive the growth of the steel drums market size during the forecast period.
  • According to IBEF, the Indian chemicals industry is expected to reach $304 bn by 2025 registering a CAGR of 9.3%. This is expected to support the growth of steel drums market in India.
  • Competitive Landscape: Some of the key players in this sector include Greif Inc., BWAY Corporation, Schutz GmbH & Co., KGaA, Time Technoplast Ltd., Stavig Group, Great Western Containers Inc. and others.

Future Prospects

  • In 2026, the Indian containers and packaging market is forecast to have a value of $26.7 bn, an increase of 39.1% since 2021. The compound annual growth rate of the market in the period 2021-26 is predicted to be 6.8%.
  • In 2026, the Indian containers and packaging market is forecast to have a volume of 8.5 mn tons, an increase of 29.9% since 2021. The compound annual growth rate of the market in the period 2021-26 is predicted to be 5.4%.
  • The plastic bottles market in India is estimated to grow steadily, owing to the continually increasing consumption and industrial applications of plastic made bottles. According to Indian Brand Equity Foundation, the market demand for plastic bottles are anticipated to increase across several products and sectors, including beverage, food and water, pharmaceutical and household sector.

Balmer Lawrie Van Leer Strengths

  • The company has strong managerial and technical support from promoters with both Balmer Lawrie and Company Ltd. and Greif International Holdings B.V. holding 47.91% stake each in Balmer Lawrie Van Leer Ltd.
  • The company has established market position in steel drum closures and plastic packaging. It supplies plastic drums to various industries in the domestic market and commands around 15% of the market share.
  • The company has reputed customer base with long-standing relationships. The company's customer base includes reputed players in the industry.

Balmer Lawrie Van Leer Shortcomings

  • The company is in industry for blow-molded drums and steel closures which is highly competitive and unorganized as the products as primarily commoditized.
  • The company's profit margin remains vulnerable to steep fluctuations in the raw material prices, which are dependent on crude oil prices.

Balmer Lawrie Van Leer Opportunities

  • Growth in modern retailing, high consumer income, and acceleration in e-commerce activities, especially in the emerging economies, are likely to support the growth of the company during the forecast period.

Balmer Lawrie Van Leer Threats

  • The company has moderate susceptibility to volatility in raw material prices and exposure to forex risk despite natural hedge with 55% imports and 23% exports. The company's margins would remain exposed to any sharp fluctuation in raw material prices, particularly steel, or in case of changes in escalation policy with customers.
Balmer Lawrie Van Leer Rating



  • Balmer Lawrie Van Leer Detail Info

Industry Statistics


Registered In


last Updated


Registered Date


Planify Ticker


Reg Office: D-195/2, T.T.C. Indl. Area, Turbhe, Near Turbhe Telephone Exchange, Navi Mumbai - 400705

Website: https://blvlindia.com/

Frequently Ask Questions

'stock_name_auto' has expressed no intention of raising funds through IPO.

The face value of 'stock_name_auto' share is Rs. 10

Yes, 'stock_name_auto' is expected to make good profits in the future.

Balmer and Lawrie Co. Ltd. and Greif International Holdings B.V. hold major shareholding of 'stock_name_auto'.

Mr. Hari Krishna Kumar is the Chairman and Director of 'stock_name_auto'.

'stock_name_auto' has established market position in steel drum closures and plastic packaging. It supplies plastic drums to various industries in the domestic market and commands around 15% of the market share.

We recommend "sell" rating on 'stock_name_auto' Shares.

'stock_name_auto' made a profit of Rs.26 Cr. in FY21.

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.
• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.
• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
• 3. We will provide the bank details.
• 4. You need to transfer funds in that account.
• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
• 6. Payment has to be done from the same account in which shares are to be credited.
• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.
Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.
• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.
• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.
• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..
• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.
• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.
Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.
• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.
• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.
This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
• a. ISIN number of stock_name_auto Unlisted Shares.
• b. Name of stock_name_auto Unlisted Shares
• c. Quantity of stock_name_auto Unlisted Shares
• d. Cosideration Amount
• e. Target DP ID and Client ID
• f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our Planify platform, if somebody wants to buy stock_name_auto Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of stock_name_auto Unlisted Shares Instantly?
• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Demat Account = DP ID + Client ID. (16 Characters )
• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
• Example:
• CDSL = 12345678(DP ID) and 91234567(Client ID).
• NSDL = IN123456 (DP ID) and 78912345(Client ID).
• Check in brokers application?
• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"Planify is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, Planify has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with Planify."

We at Planify do the valuation based on 2 methods.
• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.
• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about stock_name_auto Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.