Archive · 26 Sep 2025
Balmer Lawrie to Grow Logistics Business, Exit Oil Services
Balmer Lawrie plans to increase its total revenue to ₹6,000 crore by 2030.
The company is shifting its focus to logistics, expecting it to generate about half of its revenue by 2030, including railway logistics, warehousing, and cold chain services.
Meanwhile, Balmer Lawrie is exiting its oilfield and refinery services because the business is not profitable.
The travel business is recovering, although it was affected by global events, but the company does not expect a significant impact from US visa fees.
Balmer Lawrie aims for ₹6,000 crore revenue by 2030.
Logistics is the main growth engine, targeting 45-50% of revenue.
The company is winding down its oilfield and refinery services due to lack of viability.
Balmer Lawrie is expanding its logistics capacity.
The travel and vacation business is recovering after facing issues
- Who
- Balmer Lawrie & Co
- What
- Exiting oilfield and refinery services; expanding logistics
- When
- By 2030 (revenue target); gradually tapering down ROFS
- Where
- N/A
- Why
- Lack of viability in oilfield/refinery services
- Company
- Balmer Lawrie & Co
- CMD
- Adhip Nath Palchaudhuri
- Revenue Target
- ₹6,000 crore by 2030
- Business Exiting
- Oilfield and Refinery Services
- Reason for Exit
- Lack of viability
- Logistics Revenue Share
- 45-50% by 2030
- New Focus
- Expansion of logistics and travel/vacations
