Balmer Lawrie-Seeking Opportunities In Change BSE 523319; CMP Rs 694; FY10 EPS Rs 71; Cum Dividend Rs 23 Balmer Lawrie, a pseudo GOI undertaking-dominates the commanding heights of the economy. From Tea to Shipping, Insurance to Banking, Trading to Manufacturing - there is hardly any business, Balmer Lawrie has not delve into in its formative years, growing stronger at every landmark of its remarkable corporate journey.. Today, Balmer Lawrie has emerged as a multi-activity, multi-technology, multi-location conglomerate with global footprints - along with its joint Ventures, encompassing diverse interests in Manufacturing Sector viz, Industrial Packaging, Grease & Lubricants, Leather Chemicals and Travel & Tours, Logistics Infrastructure & Services and Engineering & Technology Services. Industrial Packaging From it's 5 factories located across India, Balmer Lawrie is the nation's largest manufacturer of MS drums-used for a variety of packaging requirements. BL offers UN certified products and can also deliver drums confirming to BIS or specific customer specifications. It also undertakes value chain services such as supply of drums, filling and transportation. The corporate also operates in the Semi Bulk packaging industry and offer products such as the 200/210 liter capacity MS Barrels for packaging of : Lubricating Oils & Greases, Additives, Transformer Oil, Chemicals & Agro Chemicals, Food & Fruit Products; Bitumen and Bitumen emulsion. Industrial Lubricants And Grease BL has an inhouse Technology and Product development Center engaged in innovative work for design of new products/ equipment.Ever since SBU's first unit in 1934 in Sewree to manufacture BALMEROL brand of Greases & Lubricants, the corporate is now spread east-West & North-South with manufacturing units in Kolkata in West Bengal, Taloja & Sewree in Mumbai, Silvassa in Gujarat and Chennai in Tamil Nadu to produce 72000 mt/kl per annum of BALMEROLbrand of lubricants. Tea: A Timeless Blend Tea is one of the oldest and traditional businesses of Balmer Lawrie. The company is engaged in the entire spectrum of tea operations from sourcing to exports (both in bulk and value added forms). The Company operates from all auction centers in India and owns modern warehousing, tasting, blending and packing facilities at Kolkata, Coimbatore and Bedford (UK). The company is a Government recognized 'Export House'. The company is also the recipient of 'Certificate of Merit' awarded by the Government of India for 'outstanding export performance in packet tea and tea bags'. Refinery & Oilfield Services ROFS, an integral part of the Engineering & Technology Services portfolio of the Company relates to services provided in the high technology oil & gas related areas. In this domain the focus is on providing environment friendly services centered around prevention & recovery of hydrocarbon wastes. This activity assumes greater significance with the all round concern on twin aspects of environment & safety. Container Freight Stations Three state-of-the-art Container Freight Stations at Mumbai, Chennai and Kolkata, 2.5 million sq ft of covered and open warehousing space and an array of services to the export/import trade stand testimony to these. Balmer Lawrie Logistics Infrastructure takes special care to provide timely and cost effective services in the current day dynamic business environment. We utilise latest technology to provide the most cost effective and secure service to customers. At all three locations at Calcutta, Chennai and Bombay, Balmer Lawrie CFSs are accredited with ISO 9001:2000 Quality Management System. Chennai CFS is also accredited with ISO 14001 and ISO 18000. Working round the clock, Balmer Lawrie CFSs offer services, such as, import enblock movement, general & bonded warehousing, open container yard, stuffing and destuffing of containers, handling and monitoring of Reefer containers, securing of over-dimensional cargo, Cargo consolidation and deconsolidation services, container transportation to and from the port, EDI facility, container survey by IICL qualified personnel, container repairs, etc. The company offers value added services, such as, palletisation, shrink wrapping, labelling, re-bagging, repacking, sorting, etc. The company's work flow is designed on a single widow concept and it offers a "one stop shop" to meet its customers' EXIM needs. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
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