LG Balakrishnan & Bros
LG Balakrishnan & Bros
AutomobilesKey Fundamentals
MicrocapAuto ComponentsAutomobilesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 21.3%
Weaknesses
1- Promoter holding is low: 34.8%
Growth Rate
AI Analysis — Bull vs Bear
L G Balakrishnan & Bros Ltd is a nearly debt-free auto ancillary company with a market cap of ₹5,151 Cr, trading at a PE of 15.9x. The company has delivered consistent double-digit sales CAGR of 12% over 3 years and 14% over 5 years, with ROE steady at 16-18%, though promoter holding remains low at 34.8%.
- Almost debt-free balance sheet provides financial resilience and flexibility for future capex without dilution or leverage risk
- Consistent ROE of 16-18% over the past 5-10 years indicates efficient capital allocation and sustainable profitability
- TTM sales growth of 19% YoY demonstrates strong revenue momentum, outpacing the 3-year CAGR of 12%
- Compounded profit growth of 21% over 5 years shows strong earnings compounding and operating leverage
- PE of 15.9x is reasonable for a company delivering 14% sales CAGR and 21% profit CAGR over 5 years
- Stock CAGR of 25% over 5 years reflects sustained value creation and re-rating by the market
- Healthy dividend payout of 21.3% with 1.38% yield provides income alongside capital appreciation
- 10-year compounded profit growth of 17% demonstrates long-term earnings durability across multiple business cycles
- Promoter holding is low at 34.8%, which raises governance concerns and increases vulnerability to hostile actions or block deals
- TTM profit growth of 11% lags TTM sales growth of 19%, suggesting potential margin compression or rising input costs
- 3-year profit CAGR of 10% has decelerated significantly from the 5-year CAGR of 21%, indicating slowing earnings momentum
- Price-to-book of 2.35x limits margin of safety for a manufacturing business with cyclical exposure to the auto sector
- Dividend yield of 1.38% is modest and may not adequately compensate for volatility in a mid-cap auto ancillary stock
- Revenue CAGR deceleration from 14% (5-year) to 12% (3-year) before the recent TTM uptick suggests underlying growth was plateauing
- Auto ancillary sector is cyclical and dependent on OEM production volumes, which are sensitive to economic slowdowns and EV transition risks
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- EBITDA margin contracts despite growth Jul 31
EBITDA margin fell to 13.28% from 14.78% YoY in Q1, indicating cost pressures even as revenue grew 22% to ₹8B.
- Strong revenue growth in Q1 Jul 31
Q1 consolidated revenue rose 22% YoY to ₹8B from ₹6.57B, with EBITDA up to ₹1.06B from ₹971M.
- ₹22 dividend proposed at AGM Jul 30
70th AGM scheduled for Aug 26, 2026 with shareholder vote on ₹22 per share dividend and director re-appointments.
- Clean ESG record in BRSR Jul 30
FY2025-26 BRSR reports ₹2,77,348.40 lakhs turnover, 14,695 workforce, 75,020 GJ renewable energy use, and zero regulatory penalties.
- Land deal with Brigade Enterprises Jul 31
Signed land development agreement with Brigade Enterprises for a property in Mysore; financial terms and project specifics not disclosed.
TL;DR: LG Balakrishnan & Bros delivered solid 22% revenue growth in Q1 with flat profits, signaling cost headwinds compressing margins from 14.78% to 13.28%. The company maintains a clean ESG profile and rewards shareholders with a ₹22 dividend. The key risk is margin erosion from input costs; if cost pressures ease, the strong top-line momentum could translate into profit growth in coming quarters.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 539 | 600 | 600 | 607 | 571 | 661 | 677 | 669 | 657 | 787 | 817 | 815 | 799 |
| Expenses | 452 | 496 | 494 | 506 | 482 | 551 | 563 | 567 | 560 | 650 | 682 | 699 | 693 |
| Operating Profit | 87 | 104 | 107 | 101 | 89 | 110 | 114 | 102 | 97 | 137 | 135 | 116 | 106 |
| OPM % | 16% | 17% | 18% | 17% | 16% | 17% | 17% | 15% | 15% | 17% | 16% | 14% | 13% |
| Other Income | 7 | 17 | 12 | 16 | 21 | 17 | 12 | 28 | 24 | 15 | 9 | 24 | 21 |
| Interest | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 5 |
| Depreciation | 18 | 18 | 20 | 21 | 21 | 22 | 24 | 25 | 26 | 28 | 30 | 32 | 33 |
| PBT | 74 | 101 | 97 | 93 | 87 | 103 | 99 | 102 | 91 | 120 | 110 | 103 | 89 |
| Tax % | 25% | 25% | 25% | 27% | 25% | 25% | 24% | 18% | 27% | 22% | 19% | 33% | 25% |
| Net Profit | 55 | 75 | 73 | 68 | 65 | 78 | 75 | 84 | 67 | 94 | 88 | 70 | 67 |
| EPS in Rs | 17.66 | 24.05 | 23.11 | 21.62 | 20.78 | 24.31 | 23.61 | 26.35 | 21 | 29.35 | 27.73 | 21.86 | 21.01 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,151 | 1,175 | 1,258 | 1,418 | 1,688 | 1,543 | 1,609 | 2,102 | 2,203 | 2,346 | 2,578 | 3,076 | 3,217 |
| Expenses | 1,009 | 1,037 | 1,095 | 1,222 | 1,479 | 1,355 | 1,355 | 1,713 | 1,822 | 1,951 | 2,162 | 2,592 | 2,725 |
| Operating Profit | 142 | 138 | 162 | 196 | 209 | 187 | 254 | 389 | 381 | 395 | 416 | 484 | 493 |
| OPM % | 12% | 12% | 13% | 14% | 12% | 12% | 16% | 19% | 17% | 17% | 16% | 16% | 15% |
| Other Income | 9 | 4 | 10 | 5 | 15 | 22 | 21 | 35 | 46 | 56 | 78 | 71 | 69 |
| Interest | 18 | 18 | 16 | 12 | 13 | 16 | 11 | 9 | 8 | 9 | 11 | 16 | 17 |
| Depreciation | 39 | 46 | 53 | 58 | 68 | 79 | 83 | 83 | 79 | 78 | 92 | 115 | 122 |
| PBT | 94 | 78 | 103 | 131 | 143 | 115 | 180 | 332 | 340 | 365 | 391 | 424 | 422 |
| Tax % | 22% | 17% | 28% | 33% | 32% | 22% | 26% | 26% | 26% | 26% | 23% | 25% | — |
| Net Profit | 74 | 66 | 75 | 89 | 100 | 91 | 133 | 246 | 252 | 271 | 302 | 319 | 319 |
| EPS in Rs | 22.68 | 20.22 | 22.61 | 27.41 | 31.72 | 29.19 | 42.51 | 78.2 | 80.25 | 86.43 | 94.73 | 99.95 | 99.95 |
| Div. Payout % | 15% | 15% | 15% | 8% | 16% | 17% | 24% | 19% | 20% | 21% | 21% | 22% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 31 | 31 | 31 | 31 | 31 | 31 | 32 | 32 |
| Reserves | 349 | 401 | 505 | 570 | 635 | 675 | 848 | 1,101 | 1,334 | 1,610 | 1,873 | 2,122 |
| Borrowings | 177 | 178 | 134 | 108 | 218 | 133 | 84 | 104 | 104 | 115 | 157 | 231 |
| Other Liabilities | 264 | 266 | 292 | 321 | 338 | 292 | 394 | 476 | 403 | 480 | 528 | 610 |
| Total Liabilities | 806 | 860 | 947 | 1,015 | 1,221 | 1,132 | 1,357 | 1,713 | 1,873 | 2,237 | 2,590 | 2,995 |
| Fixed Assets | 316 | 381 | 407 | 424 | 532 | 585 | 552 | 508 | 487 | 573 | 812 | 1,098 |
| CWIP | 37 | 10 | 14 | 27 | 37 | 9 | 6 | 15 | 32 | 47 | 22 | 30 |
| Investments | 18 | 19 | 60 | 54 | 55 | 20 | 63 | 104 | 134 | 176 | 153 | 140 |
| Other Assets | 436 | 451 | 466 | 510 | 597 | 518 | 736 | 1,086 | 1,221 | 1,441 | 1,602 | 1,726 |
| Total Assets | 806 | 860 | 947 | 1,015 | 1,221 | 1,132 | 1,357 | 1,713 | 1,873 | 2,237 | 2,590 | 2,995 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 119 | 117 | 150 | 128 | 102 | 203 | 226 | 202 | 304 | 343 | 288 | 332 |
| Investing | -114 | -87 | -78 | -87 | -180 | -55 | -110 | -182 | -295 | -299 | -311 | -280 |
| Financing | -4 | -33 | -60 | -50 | 81 | -154 | -60 | -19 | -58 | -40 | 18 | -43 |
| Net Cash Flow | 1 | -2 | 11 | -9 | 2 | -5 | 57 | 2 | -48 | 3 | -4 | 9 |
| Free Cash Flow | 3 | 34 | 63 | 35 | -81 | 133 | 200 | 155 | 228 | 187 | -1 | -38 |
| CFO/OP | 97 | 98 | 105 | 87 | 73 | 126 | 107 | 73 | 102 | 112 | 93 | 90 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 47 | 51 | 50 | 48 | 41 | 56 | 51 | 45 | 47 | 48 | 48 |
| Inventory Days | 153 | 155 | 150 | 143 | 145 | 150 | 149 | 168 | 142 | 133 | 140 | 140 |
| Days Payable | 122 | 127 | 139 | 147 | 122 | 128 | 173 | 106 | 75 | 88 | 92 | 95 |
| Cash Conversion Cycle | 78 | 75 | 62 | 46 | 71 | 63 | 31 | 113 | 113 | 92 | 96 | 93 |
| Working Capital Days | 28 | 31 | 40 | 34 | 31 | 45 | 33 | 43 | 43 | 35 | 37 | 35 |
| ROCE % | 21% | 16% | 18% | 21% | 18% | 13% | 20% | 29% | 24% | 23% | 20% | 20% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view LG Balakrishnan & Bros insights
65 extracted metrics + investor summaries across FY11–FY26.
Documents
Frequently Asked Questions about LG Balakrishnan & Bros
What does L G Balakrishnan & Bros Ltd do?
Where is L G Balakrishnan & Bros Ltd (LGBBROSLTD) listed?
Which sector does L G Balakrishnan & Bros Ltd belong to?
What is the market capitalisation of L G Balakrishnan & Bros Ltd?
What is the PE ratio of L G Balakrishnan & Bros Ltd?
What is the 52-week high and low of L G Balakrishnan & Bros Ltd?
Does L G Balakrishnan & Bros Ltd pay dividends?
What is the Return on Equity (ROE) of L G Balakrishnan & Bros Ltd?
Company Information
L.G. Balakrishnan & Bros Ltd is a major manufacturer of chains, sprockets and metal formed parts for automotive applications. Its business segments include transmission, metal forming and others.[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/LGBBROSLTD.md for L G Balakrishnan & Bros Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.