Minerva Capital Research Solutions

LG Balakrishnan & Bros

NSE: LGBBROSLTDBSE: 500250
Compare with peers
₹ 1,658.00▼ 89.7 (−5.13%)28 Oct, 03:29 pm IST
Market cap
₹ 5,220 Cr.
P/E
16.4x
P/B
2.48x
52-week range
1,378.2 – 2,048
ROE
16%
ROCE
20%
Dividend yield
1.3%
Debt / equity
0.11
Sector
Auto Components
Industry
Auto Components & Equipments
Listed on
NSE, BSE

About

L.G. Balakrishnan & Bros Limited is an India-based manufacturer of chains, sprockets and metal formed parts for automotive applications. The Company operates through two segments: Transmission and Metal Forming. Its Transmission segment products include chains, sprockets, tensioners, belts and brake shoes. It also offers metal forming products consisting of fine blanking for precision sheet metal parts, machined components and wire drawing products for internal use, as well as for other chain manufacturing plants, spring steel suppliers and umbrella manufacturers. Its products include automotive chains; industrial chains; sprockets and gears; chain tensioners and guides; fine blanking; precision machining; automotive belts; scooter products, and rubber products. The Company’s products are marketed under the Rolon brand. It has manufacturing units spread across Tamil Nadu, Pondicherry, Maharashtra, Uttarakhand, Karnataka, Haryana and Rajasthan.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Auto Components & Equipments: 155 companies →

LG Balakrishnan & Bros against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)16.4 against a typical 26.6: cheaper than most peers (1st = cheapest).40th of 153
  • Sales growth+21.6% against a typical +20.7% from a year earlier.67th of 142
  • Profit growth0% against a typical +15.3% from a year earlier.90th of 127
  • Share price, 3 months+5.2% against a typical −4.2%.44th of 142
  • Size₹ 5,220.4 Cr. market value against a typical ₹ 728 Cr. (1st = largest).31st of 138

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA by ICRA
AA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]AAStable16 Jul 2026
Credit rating actions
RatingDetails
16 Jul 2026
Reaffirmed
[ICRA]AA—ICRA₹ 340 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
31 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
31 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
2 May 2026Financial Results/DividendLGBBROSLTD : 02-May-2026 : The Company has informed the Exchange that a Board meeting to be held on April 30, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 02, 2026, , To consider and approve the financial results for the period ended March 31, 2026 and dividend
30 Apr 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
7 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
31 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
31 Jul 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1Y change +18.88%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales600600607571661677669657787817815799
Expenses496494506482551563567560650682699693
Operating Profit1041071018911011410297137135116106
OPM %17%18%17%16%17%17%15%15%17%16%14%13%
Other Income17121621171228241592421
Interest223222334445
Depreciation182021212224252628303233
Profit before tax101979387103991029112011010389
Tax %25%25%27%25%25%24%18%27%22%19%33%25%
Net Profit757368657875846794887067
EPS in Rs24.0523.1121.6220.7824.3123.6126.352129.3527.7321.8621.01

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
10%
5 Years
14%
3 Years
12%
TTM
21%
Compounded Profit Growth
10 Years
17%
5 Years
21%
3 Years
10%
TTM
12%
Stock Price CAGR
10 Years
21%
5 Years
30%
3 Years
17%
TTM
—
Return on Equity
10 Years
17%
5 Years
17%
3 Years
16%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
34.84%
+0.04 pts in a year
FIIs
6.42%
+0.46 pts in a year
DIIs
13.46%
−0.28 pts in a year
Public
45.28%
−0.21 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 16.4xEPS (12 months) ₹ 100.30Median P/E 11.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
LG Balakrishnan & Bros₹ 1,658.00₹ 5,220 Cr.16.4x2.5x16%—
Bharat Heavy Electricals₹ 387.00₹ 1,34,756 Cr.92.4x5.6x—6.8%
Suzlon Energy₹ 37.40₹ 51,409 Cr.22.8x7.5x40.6%19%
Thermax₹ 3,095.60₹ 36,999 Cr.73.4x10x13.7%6.7%
Voltas₹ 950.00₹ 31,434 Cr.112.5x7x5.8%3.5%
AIA Engineering₹ 3,588.70₹ 33,490 Cr.34.1x5.4x17%28.7%

Management

Balakrishnan Vijayakumar
Executive Chairman of the Board, Managing Director
N. Rengaraj
Chief Financial Officer
Rajiv Parthasarathy
Senior Vice President - Operations, Whole-time Director
M. LakshmiKanth Joshi
Compliance Officer, Company Secretary, Senior General Manager - Legal
Palanisamy Prabakaran
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.