Dividend Paying Miniratna PSU Stock: Record Date Just 1 Day Away For Rs 2.03; Buy Balmer Lawrie Investments?

Founded in 2001 as a Government of India Enterprise (PSU) in Kolkata, Balmer Lawrie Investments Ltd (BLIL) serves mainly as a holding company for Balmer Lawrie & Co. Ltd. In addition to declaring an interim dividend for FY26, the corporation has set a record date, which is only one day away. Balmer Lawrie Investments Ltd.'s (BOM: 532485) share price is Rs 72.66 as of 10:50 AM IST on March 19, 2026. From its previous closing of Rs 72.75, the stock is currently down 0.12%. The company's market cap was around Rs 1,612.85 crore while writing this copy.

In its recent Q3 FY26 results, the company reported a total net income of Rs 660.55 crore, reflecting a steady 2.02% sequential growth. The company continues to be a cash-rich entity with low debt. The board declared an interim dividend of Rs 4.25 per share in March 2026, translating to a robust annual dividend yield often exceeding 7% at current price levels.

Balmer Lawrie Investments Dividend

"Further to our intimation dated 4th March, 2026 and pursuant to Regulation 30 read with Schedule Ill of the Listing Regulations, this is to hereby inform that the Board of Directors of the Company at its Meeting held on 16th March, 2026 has, inter-alia, declared an Interim Dividend of Rs.2.03/- (Rupees Two and Paise Three only) per Equity Share of Re. I each on 22, 19,72,690 Equity Shares of the Company for the Financial Year 2025-26," Balmer Lawrie Investments confirmed in a statement.

Balmer Lawrie Investments Dividend Record Date

"In connection with the declaration of Interim Dividend for Financial Year 2025-26 and pursuant to Regulation 42 of the Listing Regulations, the Board of Directors at the said Meeting has fixed Friday, 20th March, 2026 (end of day) as Record date to determine the eligibility of the shareholders to receive the said Interim Dividend," Balmer Lawrie Investments said in a regulatory statement.

Balmer Lawrie Dividend Yield

Since September 19, 2003, Balmer Lawrie has issued 25 dividends, according to Trendlyne statistics. At the current share price of Rs 72.65, Balmer Lawrie's dividend yield is 5.92% since the company has issued an equity dividend of Rs 4.30 per share during the last 12 months.

According to investing.com, Balmer Lawrie Investments Ltd. has an annual dividend payout of 4.30 and a five-year dividend growth rate of +2.78%. The company's next ex-dividend date is March 20, 2026.

Balmer Lawrie Target Price

Buy: Rs. 148 - 150 - 152, Stop Loss: Rs. 141, Target: Rs. 158 - 164 - 168

"Despite healthy financials, the stock has faced severe selling pressure, hitting a 52-week low of Rs 157.2 on March 17, 2026. The stock is currently in a "Death Cross" territory, trading below all its key moving averages, including the 50-day (Rs 176) and 200-day (Rs 192) SMAs. The RSI (14) is hovering near 34, indicating the stock is approaching deeply oversold conditions," commented Market Wizard's Adib Noorani.

"While technical momentum is currently bearish, Balmer Lawrie's fundamental position as a debt-free, high-dividend-paying PSU makes it an attractive candidate for "contrarian" investors looking for long-term value at a discount," he further added.

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