Balmer Lawrie Investments (NSE:BLIL) Return-on-Tangible-Asset: 5.20% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:BLIL Balmer Lawrie Investments Ltd NSE:BLIL
61 GF Score
Price ₹71.44
GF Value ₹83.75
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Balmer Lawrie Investments Return-on-Tangible-Asset?

Balmer Lawrie Investments NSE:BLIL +0.42% 61 Return-on-Tangible-Asset is 5.20% as of Jun. 2026, which is 7% above its 10-year median of 4.86. GuruFocus rates NSE:BLIL with a GF Score™ of 61/100 and a GF Value™ of ₹83.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 559 Conglomerates companies, Balmer Lawrie Investments ranks better than 69.05% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Balmer Lawrie Investments's annualized Net Income for the quarter that ended in Jun. 2026 was ₹1,820 Mil. Balmer Lawrie Investments's average total tangible assets for the quarter that ended in Jun. 2026 was ₹35,012 Mil. Therefore, Balmer Lawrie Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.20%.

The historical rank and industry rank for Balmer Lawrie Investments's Return-on-Tangible-Asset or its related term are showing as below:

NSE:BLIL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.19   Med: 4.86   Max: 30.78
Current: 5.3

During the past 13 years, Balmer Lawrie Investments's highest Return-on-Tangible-Asset was 30.78%. The lowest was 3.19%. And the median was 4.86%.

NSE:BLIL's Return-on-Tangible-Asset is ranked better than
69.05% of 559 companies
in the Conglomerates industry
Industry Median: 2.81 vs NSE:BLIL: 5.30

Balmer Lawrie Investments  (NSE:BLIL) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Balmer Lawrie Investments Return-on-Tangible-Asset Related Terms


Balmer Lawrie Investments Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Balmer Lawrie Investments's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Balmer Lawrie Investments Return-on-Tangible-Asset Chart

Balmer Lawrie Investments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 4.13 5.31 5.52 5.33

Balmer Lawrie Investments Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.59 4.35 5.04 6.18 5.20

NSE:BLIL vs : Return-on-Tangible-Asset Comparison

For the Conglomerates subindustry, Balmer Lawrie Investments's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Balmer Lawrie Investments Return-on-Tangible-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie Investments's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Balmer Lawrie Investments's Return-on-Tangible-Asset falls into.


NSE:BLIL
61GF Score
Balmer Lawrie Investments Ltd NSE:BLIL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balmer Lawrie Investments Return-on-Tangible-Asset Calculation

Balmer Lawrie Investments's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1783.887/( (31976.355+35011.983)/ 2 )
=1783.887/33494.169
=5.33 %

Balmer Lawrie Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=1819.708/( (35011.983+0)/ 1 )
=1819.708/35011.983
=5.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 5.20% mean?
Balmer Lawrie Investments (NSE:BLIL) has a Return-on-Tangible-Asset of 5.20% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Balmer Lawrie Investments and its competitors. This is near median its historical median of 4.86. Over the past decade, Balmer Lawrie Investments' Return-on-Tangible-Asset has ranged from 3.19 to 30.78. According to the industry distribution chart, Balmer Lawrie Investments ranks #173 out of 559 companies in the Conglomerates industry, placing it in the top 30.9%.
Is Balmer Lawrie Investments' Return-on-Tangible-Asset too high?
Balmer Lawrie Investments' current Return-on-Tangible-Asset of 5.20% is near median its 10-year median of 4.86. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 30.78. The Conglomerates industry median Return-on-Tangible-Asset is 2.81. Balmer Lawrie Investments' value of 5.20% is 85.1% above this industry median. Based on the distribution chart, Balmer Lawrie Investments ranks #173 out of 559 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Balmer Lawrie Investments has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balmer Lawrie Investments' Return-on-Tangible-Asset compare to ?
According to the Conglomerates industry distribution chart, Balmer Lawrie Investments ranks #173 out of 559 companies for Return-on-Tangible-Asset. This puts Balmer Lawrie Investments in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.81. Balmer Lawrie Investments' value of 5.20% is 85.1% above this benchmark. Historically, Balmer Lawrie Investments' own Return-on-Tangible-Asset has ranged from 3.19 to 30.78 over the past decade. While the company's 10-year median is 4.86 vs. the industry median of 2.81, Balmer Lawrie Investments has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.81, based on 559 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balmer Lawrie Investments's current Return-on-Tangible-Asset of 5.20% is 85.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Balmer Lawrie Investments and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balmer Lawrie Investments's current Return-on-Tangible-Asset is 5.20%, which is near median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balmer Lawrie Investments stock overvalued right now?
Based on GuruFocus' analysis, Balmer Lawrie Investments (NSE:BLIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹83.75, compared to a current price of ₹71.44 — trading 14.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.20%, which is near median its 10-year median of 4.86 and 85.1% above the Conglomerates industry median of 2.81. Balmer Lawrie Investments' overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Balmer Lawrie Investments (NSE:BLIL), the current Return-on-Tangible-Asset is 5.20% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Balmer Lawrie Investments (NSE:BLIL) Overvalued in 2026?

Based on GuruFocus' analysis, Balmer Lawrie Investments stock appears to be undervalued. The current stock price of ₹71.44 is trading 14.7% below its estimated GF Value™ of ₹83.75. GuruFocus considers Balmer Lawrie Investments to be Modestly Undervalued.

Key valuation signals for NSE:BLIL:

  • Return-on-Tangible-Asset: 5.20% (near median its 10-year median of 4.86)
  • GF Value™: ₹83.75 vs. price of ₹71.44 (14.7% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 85.1% above the Conglomerates median (#173 of 559)

No single metric tells the full story. See the NSE:BLIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balmer Lawrie Investments Business Description

Comparable Companies
Other Exchanges 532485:India
Address 21, Netaji Subhas Road, Kolkata, WB, IND, 700001
Balmer Lawrie Investments Ltd is an investment company. Its operating segment includes Industrial Packaging; Logistics Infrastructure; logistics services; Travel & Vacations; Greases & Lubricants; Investment Business, and others. The company generates key revenue from Industrial Packaging, Greases & Lubricants, and Logistic Services segments.
61GF Score

Get the complete analysis for NSE:BLIL

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹71.44
Price
₹83.75
GF Value