L.G. Balakrishnan & Bros Ltd.

L.G. Balakrishnan & Bros Ltd.

1,644.20
INR
-28.80
(-1.72%)
91.58EPS
17.42P/E
50.89BMarket Cap
Oct 31Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
353.13
373.65
383.95
381.32
424.29
498.41
461.19
478.36
614.72
648.17
699.21
764.35
903.31
968
Basic EPS, GAAP
20.02
22.68
20.23
22.61
27.41
31.72
29.19
42.51
78.2
80.25
86.44
95.44
99.95
91.6
Free Cash Flow per Basic Share
9.22
-0.92
10.61
47.75
40.66
32.37
64.8
67.21
64.49
96.82
109.18
91.1
104.01
- -
Dividend per Share
2.05
3.97
5.21
0.68
4.2
5.41
11.97
0.06
9.96
14.94
15.93
17.68
19.87
- -
Book Value per Share
98.03
116.16
140.76
165.9
186.48
212.15
224.94
280.13
360.74
434.92
522.8
597.16
675.3
- -
Tangible Book Value per Share
92.86
110.93
135.3
160.38
181.47
206.75
219.55
274.86
355.53
429.02
514.02
588.48
666.07
- -
Basic Weighted Avg Shares
31
31
31
31
31
31
31
31
31
31
31
32
32
32
Sales/Revenue/Turnover
11,086
11,730
12,053
11,971
13,320
15,646
14,478
15,017
19,297
20,348
21,950
24,194
28,809
30,874
Operating Margin (%)
8.42
8.84
7.79
9.46
10.42
9.17
7.48
11.4
15.9
14.85
14.53
13.48
12.83
10.78
Depreciation Expense
328
395
459
528
578
681
787
833
832
795
780
915
1,153
1,206
Net Income, GAAP
628
712
635
710
861
996
916
1,335
2,455
2,519
2,713
3,021
3,188
2,921
Effective Tax Rate (%)
18.61
21.82
16.61
28.24
32.52
32.25
21.52
26.25
25.91
25.85
25.56
22.82
24.9
25.65
Profit Margin (%)
5.67
6.07
5.27
5.93
6.46
6.36
6.33
8.89
12.72
12.38
12.36
12.49
11.06
9.46
Working Capital
854
961
1,138
1,567
1,396
1,539
1,968
2,924
5,399
6,124
5,834
6,820
5,595
- -
LT Debt
660
993
949
916
488
992
951
319
318
237
298
622
971
- -
Total Equity
3,174
3,774
4,572
5,377
6,002
6,808
7,102
8,811
11,345
13,677
16,437
19,070
21,562
- -
Return on Invested Capital (%)
14.44
14.7
10.66
10.66
13.63
13.15
11.56
15.06
22.16
17.66
15.08
14.12
12.58
- -
Return on Capital (%)
16.83
16.38
12.75
11.8
13
13.42
12
15.65
22.82
18.92
17.16
16.22
14.83
- -
Return on Common Equity (%)
22.2
21.18
15.75
14.75
15.56
15.91
13.36
16.83
24.4
20.17
18.05
17.04
15.71
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,341
- -
LT Borrowings
- -
555
- -
LT Finance Leases
- -
416
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
57,071
52,291
50,894

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,792
- -
Cash, Cash Equivalents & STI
- -
2,605
- -
Accounts Receivable, Net
- -
4,048
- -
Inventories
- -
5,143
- -
Total Current Liabilities
- -
7,198
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,341
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.96%
19.72%
13.07%
Free Cash Flow
47.68%
11.6%
15.03%
Net Income, GAAP
19.75%
22.23%
5.51%
Sales/Revenue/Turnover
9.54%
14.22%
19.08%
Total Cash Common Dividend
1,603.86%
3,112.02%
13.25%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5,713
6,609
6,769
6,692
24,194
2026
6,570
- -
8,166
8,150
28,809
2027
7,988
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
20.78
24.31
23.61
26.35
95.44
2026
21
- -
27.73
21.86
99.95
2027
21.01
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
17.68
2026
- -
- -
- -
- -
19.87
2027
- -
- -
- -
- -
- -

Company Description

CEO
Palanichamy Prabakaran
Full Time Employees
14,695
Sector
Producer manufacturing
Industry
Electrical products
Address
6/16/13, Krishnarayapuram Road Coimbatore TN India 641006
IPO Date
Oct 11, 1995
Website
lgb.co.in
Business
L.G. Balakrishnan & Bros Limited manufactures chains, sprockets, and metal formed parts for automotive and industrial applications. The company operates through two primary segments, Transmission and Metal Forming; Transmission products include automotive timing chains, drive chains, sprockets, chain tensioners, auto tensioners, guides, belts, brake shoes, and rubber products marketed under the Rolon brand; Metal Forming products encompass fine blanking for precision sheet metal components, precision machined parts, gears, scooter parts, wire drawing products, and forgings such as steering linkage parts including ball rods, ball pins, and ball sockets. Founded in 1937 and headquartered in Coimbatore, India, the company maintains manufacturing facilities across Tamil Nadu, Pondicherry, Maharashtra, Uttarakhand, Karnataka, Haryana, and Rajasthan, with additional operations in the United States through subsidiary LGB-USA Inc. and RSAL Steel Private Limited in India; it serves major OEM customers including Honda, Bajaj, TVS-Suzuki, Tata Motors, and exports timing chains primarily to the U.S. while holding dominant market share in India's two-wheeler drive chains sector. Recent developments include a non-binding memorandum of understanding signed in November 2025 with the Government of Tamil Nadu to support investments and operational expansion; a strategic investment of up to Rs12 crore in August 2024 for a 14.92% stake in Greenerg Mobility Solutions Private Limited to enter electric vehicle components such as telematics, battery management systems, and motor controllers; and a Rs40 crore capacity expansion announced in November 2024 at its Oragadam facility in Tamil Nadu to boost automotive parts production.