Balmer Lawrie’s 5% Yield Gains Support from Growing Profits

Balmer Lawrie is an Indian government-owned company with several businesses.

These include travel, logistics, packaging, and lubricants.

It paid shareholders ₹8.50 for each share in FY26.

At the price discussed, that equals about a 5% dividend yield.

The company’s profits doubled between FY22 and FY26.

Its cash generation also improved greatly during FY26.

Because profits grew faster than dividends, the company now uses a smaller share of profits for payouts.

It has substantial deposits, cash, and retained earnings.

However, future dividends are not guaranteed because the company may need money for investments and expansion.