PSU Stock with Consistent Dividend History Declares Over 200% Interim Dividend; Record Date March 20, 2026
Parth DSIJ / 16 Mar 2026 / Categories: Mindshare, Trending
In a meeting held today, i.e. March 16, 2026, the Board of Directors of Balmer Lawrie Investments Ltd., a Government of India enterprise, approved an interim dividend of Rs 2.03 per equity share for the financial year 2025-26. This amounts to a dividend of more than 200 per cent on each share's face value of Rs 1.
The Board also fixed March 20, 2026, as the record date to determine which shareholders will be eligible to receive the dividend. The Board further stated that the payout will be made within the statutory timeline.
President of India to Earn Over Rs 26 crore
The President of India, holding 59.67 per cent of the company’s shares, is set to receive a significant portion of the dividend. With 13,24,64,472 shares in hand, the interim dividend for the President amounts to Rs 26,89,02,878.
About Balmer Lawrie Investment Ltd
Balmer Lawrie Investments Ltd is a Government Enterprise. It’s a major stakeholder of Balmer Lawrie & Co. Ltd. The company along with its subsidiaries is engaged in the business of Industrial Packaging, Greases & Lubricants, Leather Chemicals, etc.
Q3 Earnings
Balmer Lawrie reported a consolidated revenue of Rs 659 crore in Q3 (Dec 2025), up from Rs 638 crore in Q2 (Sep 2025). Compared to the same quarter last year (Dec 2024), when revenue was Rs 633 crore, the company recorded a growth of about 4 per cent year-on-year. Net profit came in at Rs 67 crore, up from Rs 57 crore in Q2 FY 2025-26, and marginally higher than Rs 64 crore in Q3 FY 2024-25.
Balmer Lawrie Investments Ltd Share Price Performance
Balmer Lawrie Investments Ltd’s shares are currently trading at Rs 71.00, down Rs 0.43 or 0.60 per cent from yesterday’s close of Rs 71.43.
The stock opened higher at Rs 71.79 and has so far touched an Intraday high of Rs 71.79 and a low of Rs 70.50. The volume-weighted average price (VWAP) stands at Rs 70.82.
Over the past 52 weeks, the stock has seen a high of Rs 95.75 and a low of Rs 62.30.
Disclaimer: The article is for informational purposes only and not investment advice.