Lg Balakrishnan & Bros Limited (LGBBROSLTD)

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Lg Balakrishnan & Bros Limited (LGBBROSLTD) · mywealthgrid

About

LG Balakrishnan & Bros manufactures auto components and equipment, serving as a supplier in the automotive sector. The ₹5,093 Cr mid-cap company operates in a cyclical, capital-intensive industry where revenue and margins are sensitive to OEM production volumes and automotive industry cycles.

Face value: ₹10

Market cap

₹5,458 Cr

P/E

17.5×

P/B

2.5×

Dividend yield

1.3%

ROE

15.7%

ROCE

20.5%

Debt / equity

0.09

OPM

15.7%

EPS (TTM)

₹97.8

Book value

₹675.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin compression: OPM fell from 18.25% (Sep 2025) to 13.28% (Jun 2026), a 500 bps decline in nine months. Verify whether this reflects input cost inflation, pricing pressure, or capacity underutilization.
Earnings squeeze: EPS declined from 29.36 (Sep 2025) to 20.65 (Jun 2026), a 30% drop in nine months. Verify whether margin pressure is cyclical or reflects structural competitive challenges.
Cyclicality exposure: auto components demand is tied to OEM production cycles. Verify visibility of order book and OEM customer guidance for upcoming quarters.
Competitive cost pressure: verify customer concentration, contract renewal terms, and ability to pass through input-cost increases to OEMs.

Generated analysis · source review pending

Growth drivers

Margin recovery: operating margin fell from 18.25% (Sep 2025) to 13.28% (Jun 2026), eroding profitability. If recent cost pressures (input inflation, commodity costs) reverse or pricing power improves, normalization would drive earnings growth. Verify cost structure and customer contract terms.
Automotive production demand: auto components revenue is directly tied to OEM vehicle production volumes. Verify order book, customer production guidance, and industry cycle outlook to assess revenue opportunity.
Balance sheet optionality: D/E of 0.09 provides capacity for strategic capex, R&D, or consolidation moves to improve competitiveness or margin profile. Verify management's capital allocation plans.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹1,711.1-1.1%1Y

Quick read

rule-based

Pros

+High return on capital employed of 21.4%
+Profit CAGR of 19% over the last 5 years
+Almost debt-free (debt/equity 0.1)
+Comfortable interest coverage of 28.9×

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality: 65
Growth: 44
Valuation: 75

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Samvardhana Motherson International LimitedMOTHERSONMOTHERSON	₹1,65,731 Cr	₹1,81,626 Cr	₹1,31,135 Cr	₹12,541 Cr	9.4%	₹4,380 Cr	3.2%	12.6%	10.2%	-26
Bosch LimitedBOSCHLTDBOSCHLTD	₹1,34,166 Cr	₹1,34,166 Cr	₹21,088 Cr	₹2,832 Cr	13.2%	₹2,363 Cr	13.8%	21%	19.4%	13
Bharat Forge LimitedBHARATFORGBHARATFORG	₹89,644 Cr	₹96,518 Cr	₹17,543 Cr	₹2,963 Cr	17.4%	₹706 Cr	6.5%	17.9%	11.5%	136
Uno Minda LimitedUNOMINDAUNOMINDA	₹64,160 Cr	₹66,698 Cr	₹20,725 Cr	₹2,280 Cr	11.5%	₹1,202 Cr	6.5%	19.3%	19.1%	37
Schaeffler India LimitedSCHAEFFLERSCHAEFFLER	₹60,732 Cr	₹60,787 Cr	₹10,505 Cr	₹1,917 Cr	18.2%	₹1,253 Cr	11.9%	27.3%	20.2%	68
Sona Blw Precision Forgings LimitedSONACOMSSONACOMS	₹50,071 Cr	₹50,314 Cr	₹4,935 Cr	₹1,207 Cr	24.7%	₹686 Cr	14.1%	14.6%	11%	121
Tube Investments Of India LimitedTIINDIATIINDIA	₹45,302 Cr	₹45,695 Cr	₹23,754 Cr	₹2,260 Cr	9.9%	₹607 Cr	4.9%	15.4%	9.6%	41
Endurance Technologies LimitedENDURANCEENDURANCE	₹36,602 Cr	₹37,928 Cr	₹15,592 Cr	₹2,058 Cr	13.5%	₹970 Cr	6.5%	18.5%	15.2%	-6
Exide Industries LimitedEXIDEINDEXIDEIND	₹34,803 Cr	₹35,896 Cr	₹18,829 Cr	₹1,954 Cr	10.4%	₹932 Cr	4.8%	8.9%	6.1%	42
Dhoot Transmission LimitedDHOOTTRANSDHOOTTRANS	₹29,518 Cr	₹30,359 Cr	₹4,525 Cr	₹711 Cr	15.7%	₹397 Cr	8.8%	30.8%	23.1%	69
Craftsman Automation LimitedCRAFTSMANCRAFTSMAN	₹26,897 Cr	₹30,238 Cr	₹8,717 Cr	₹1,357 Cr	15.3%	₹465 Cr	4.8%	16.1%	12.5%	74
Sansera Engineering LimitedSANSERASANSERA	₹26,686 Cr	₹27,144 Cr	₹3,753 Cr	₹696 Cr	18.1%	₹351 Cr	9.3%	14.7%	11.1%	98

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,543	1,609	2,102	2,203	2,346	2,578	3,076
COGS	705	740	949	1,026	1,068	1,129	1,342
Gross profit	837	869	1,153	1,177	1,278	1,449	1,734
	650	616	765	794	883	1,035	1,250
	187	253	388	384	395	415	484
OPM %	12.2%	15.7%	18.5%	17.4%	16.8%	16.1%	15.7%
Depreciation	79	83	83	79	78	92	115
Interest	15	10	8	7	8	10	15
	22	21	35	43	56	78	71
Profit before tax	116	180	332	340	365	391	424
Tax	25	47	86	88	93	89	106
Tax %	21.3%	26.2%	25.9%	25.9%	25.6%	22.8%	24.9%
	91	133	246	252	272	302	319
PAT margin %	5.9%	8.3%	11.7%	11.5%	11.6%	11.7%	10.4%
EPS (₹)	29.2	42.5	78.2	80.3	86.4	95.4	100
EPS adjusted (₹)	29.2	42.5	78.2	80.3	86.4	94.7	100
	17.1%	23.5%	19.2%	19.9%	20.8%	21%	22%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	31	31	31	31	31	32	32
Reserves	675	848	1,101	1,334	1,610	1,873	2,122
Minority interest	4	2	2	2	3	3	3
	92	59	89	93	99	140	185
	330	417	489	412	493	522	654
Total equity & liabilities	1,132	1,357	1,713	1,873	2,237	2,570	2,995
	584	541	499	487	572	812	1,097
CWIP	9	6	15	32	47	22	31
Investments	20	74	114	134	177	153	141
	518	736	1,086	1,221	1,441	1,582	1,726
Total assets	1,132	1,357	1,713	1,873	2,237	2,570	2,995

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Transmission	2,309.75	350.87	1,650.05	406.38	1,243.67	28.21
Metal Forming	765.87	90.95

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	54.3%	54%	54.9%	53.4%	54.5%	56.2%	56.4%
EBITDA margin %	12.1%	15.7%	18.5%	17.4%	16.8%	16.1%	15.7%
EBIT margin %	7%	10.5%	14.5%	13.8%	13.5%	12.5%	12%
PAT margin %	5.9%	8.3%	11.7%	11.5%	11.6%	11.7%	10.4%
Working capital
Receivable days	41	56	51	45	47	45	48
Inventory days	150	149	168	142	133	140	140
Payable days	128	173	106	75	88	92	95
NWC days	63	31	113	113	92	93	93
Leverage
Current ratio	1.62	1.7	2.77	2.36	2.1	2.19	1.78
Debt to EBITDA	0.49	0.23	0.23	0.24	0.25	0.34	0.38
Debt to equity	0.13	0.07	0.08	0.07	0.06	0.07	0.09
Interest coverage	7.3	17.6	38	49.5	45.3	37.2	28.9
Asset turnover	1.36	1.19	1.23	1.18	1.05	1	1.03
Return ratios
Return on assets %	8.1%	9.8%	14.3%	13.5%	12.1%	11.8%	10.6%
Return on capital employed %	13.4%	20%	28%	23.7%	23.3%	20.4%	20.5%
Return on equity %	12.9%	15.1%	21.7%	18.5%	16.5%	15.9%	14.8%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	33.74%	33.74%	33.74%	33.76%	34.8%	34.8%	34.8%	34.8%	34.82%	34.82%	34.83%	34.83%
	8.14%	7.82%	7.62%	7.46%	6.45%	6.06%	5.93%	5.97%	5.85%	7%	6.61%	6.42%
	13.77%	13.91%	13.99%	14.31%	14.43%	13.94%	13.87%	13.74%	13.46%	12.88%	13.35%	13.46%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	44.35%	44.53%	44.65%	44.47%	44.32%	45.2%	45.4%	45.49%	45.87%	45.3%	45.21%	45.29%
No. of shareholders	—	—	—	—	—	—	—	—	39,126	38,549	37,259	36,849

Promoter holding up 1.09 percentage points since Sep 2023.

2 deals · 6 Dec 2021 – 7 Dec 2021

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Dec 2021	RAJVIRDHAN V	Bulk	NSE	Sell	2,65,000	₹496.63	₹13.16 Cr
6 Dec 2021	RAJVIRDHAN V	Bulk	NSE	Sell	1,65,000	₹492.97	₹8.13 Cr

1–2 of 2

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. BALAKRISHNAN VIJAYAKUMARExecutive Director-Chairperson-MD
Mr. PALANISAMY PRABAKARANExecutive Director-MD
N. RengarajChief Financial Officer
Mr. RAJIV PARTHASARATHYExecutive Director-MD
Mrs. RAJSRI VIJAYAKUMARNon-Executive - Non Independent Director
Mr. SITHARAMAN SIVAKUMARNon-Executive - Non Independent Director
Mrs. KANCHANA MANAVALANNon-Executive - Independent Director
Mr. RAJKUMAR DORAISAMY GOPALASAMYNon-Executive - Independent Director
Mr. VINAY BALAJI NAIDUNon-Executive - Independent Director
Mr. DINESH KUMARNon-Executive - Independent Director
Mrs. SADHANA VIDHYA SHANKARNon-Executive - Independent Director

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 3 fund houses

Held by these funds

3.06%

of the company's equity

All mutual funds

13.45%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

4 schemes · 3 fund houses

		Shares
SMALL CAP FUND	Nippon India Mutual Fund	8.91 L	150.78	0.18%	2.793%	-0
IB60-Groww Small Cap Fund	Groww Mutual Fund	78,179	13.23	1.73%	0.245%	+19,592
IB13-Groww Value Fund	Groww Mutual Fund	5,444	0.92	1.24%	0.017%	+1,811
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	61	0.01	0.02%	0%	-0

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

64 announcementsExport CSV

30 Jul 2026, 4:04 pmCompany Update

Intimation Of Date Of Annual General Meeting And Record Date For Payment Of Dividend

General

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	54.3%	54%	54.9%	53.4%	54.5%	56.2%	56.4%
EBITDA margin %	12.1%	15.7%	18.5%	17.4%	16.8%	16.1%	15.7%
EBIT margin %	7%	10.5%	14.5%	13.8%	13.5%	12.5%	12%
PAT margin %	5.9%	8.3%	11.7%	11.5%	11.6%	11.7%	10.4%
Working capital
Receivable days	41	56	51	45	47	45	48
Inventory days	150	149	168	142	133	140	140
Payable days	128	173	106	75	88	92	95
NWC days	63	31	113	113	92	93	93
Leverage
Current ratio	1.62	1.7	2.77	2.36	2.1	2.19	1.78
Debt to EBITDA	0.49	0.23	0.23	0.24	0.25	0.34	0.38
Debt to equity	0.13	0.07	0.08	0.07	0.06	0.07	0.09
Interest coverage	7.3	17.6	38	49.5	45.3	37.2	28.9
Asset turnover	1.36	1.19	1.23	1.18	1.05	1	1.03
Return ratios
Return on assets %	8.1%	9.8%	14.3%	13.5%	12.1%	11.8%	10.6%
Return on capital employed %	13.4%	20%	28%	23.7%	23.3%	20.4%	20.5%
Return on equity %	12.9%	15.1%	21.7%	18.5%	16.5%	15.9%	14.8%

Date	Category	Subject	Filing
30 Jul 2026, 4:04 pm	Company Update General	Intimation Of Date Of Annual General Meeting And Record Date For Payment Of Dividend	PDF
30 Jul 2026, 3:46 pm	AGM/EGM AGM	Annual General Meeting	PDF
30 Jul 2026, 3:35 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
30 Jul 2026, 3:16 pm	Others Business Responsibility and Sustainability Reporting (BRSR)	Business Responsibility and Sustainability Reporting (BRSR)	PDF
28 Jul 2026, 5:01 pm	Company Update Credit Rating	Announcement under Regulation 30 (LODR)-Credit Rating	PDF
28 Jul 2026, 4:48 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
22 Jul 2026, 4:06 pm	Board Meeting	Board Meeting Intimation for Intimation Of Board Meeting	PDF
10 Jul 2026, 10:58 am	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	117	150	128	102	226	202	167	343	288	332
	-87	-79	-87	-180	-110	-182	-157	-299	-311	-280
	-33	-60	-50	81	-60	-23	-58	-40	18	-43
Net cash flow	-2	—	—	—	57	-2	-48	3	-4	9
Free cash flow	—	—	—	—	188	155	86	181	-12	-40
CFO / Operating profit %	—	—	—	—	89.4%	52.1%	43.5%	86.9%	69.5%	68.6%

Lg Balakrishnan & Bros Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Announcements

Annual reports

Credit ratings

25

1

2

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

METAL FORMING · revenue

Lg Balakrishnan & Bros Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Dividends25

Board meetings1

Bonus issues2

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

METAL FORMING · revenue

25

1

2