Balmer Lawrie & Company Limited DCF Valuation
BALMLAWRIE · Diversified · Current price ₹159.21
Balmer Lawrie & Company Limited cash-flow valuation
Our discounted cash flow (2-stage) values Balmer Lawrie & Company Limited at ₹180 per share. Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path. It carries 70% of the weight in our published estimate of ₹163. A discounted cash flow is only as good as the cash-flow path it assumes, so the assumptions behind it are listed in full below.
Try your own assumptions
Prefer to build the discounted cash flow yourself? The DCF calculator below opens pre-filled with Balmer Lawrie & Company Limited's reported free cash flow, net debt and share count, so you can set your own growth and discount rate.
How we got this fair value
Every number below is part of the same estimate for Balmer Lawrie & Company Limited. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹125 – ₹180
Why this method for this business
The DCF and residual income models are appropriate for a diversified, asset-light business with stable cash flows and a long-term moat. These models capture the intrinsic value and return on equity, which are critical for a company with a mixed portfolio.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path
Book value plus the present value of returns earned above the 10.6% cost of equity
- relative_pe: Not used due to lack of forward estimates and the company's complex structure
- other models not in allowed_models
What was missing
- Forward estimates are not available to support more dynamic growth assumptions
- Limited data on the impact of potential mergers on long-term profitability
What drives it
17 inputs, grouped by how strong each claim is
- FCF_0 (normalized)
- 165 ₹cr
- Net debt
- 220 ₹cr
- ROE (normalized)
- 13.4%
- Book value / share
- 121 ₹
fcf_norm (median ≤5y positive)
gross debt (cash n/a)
computed
reported
- Discount rate (r)
- 14.4%
- Beta
- 1
- Cost of equity
- 10.6%
COE (building-block)
bottom-up industry
building-block
- Stage-1 start growth
- 18.61%
- Fade shape
- linear
- Terminal growth (g)
- 5%
- Stage-1 years
- 10 y
pat_cagr_5y
lifecycle Growth
macro terminal × quality premium
lifecycle Growth horizon
- Lifecycle stage
- Growth
- Quality premium
- 1×
- Moat
- None
- Excess-return horizon
- 3 yrs
forecast engine (L20)
moat None + capital allocation
computed
computed
- Path
- FCFE
- Terminal-value fraction
- 0.472
computed (D/E vs 0.8)
PV_TV / (PV_1+PV_TV)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Balmer Lawrie & Company Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 15 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on Balmer Lawrie & Company Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

