L G Balakrishnan & Bros Ltd
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]
- Market Cap ₹ 3,990 Cr.
- Current Price ₹ 1,271
- High / Low ₹ 1,425 / 737
- Stock P/E 15.9
- Book Value ₹ 468
- Dividend Yield 1.26 %
- ROCE 24.2 %
- ROE 19.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 22.6% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 9.22% over past five years.
- Promoter holding is low: 33.7%
- Promoter holding has decreased over last 3 years: -9.62%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
898 | 939 | 1,085 | 1,151 | 1,175 | 1,258 | 1,418 | 1,688 | 1,543 | 1,609 | 2,102 | 2,203 | 2,262 | |
794 | 850 | 959 | 1,009 | 1,037 | 1,095 | 1,222 | 1,479 | 1,355 | 1,355 | 1,713 | 1,818 | 1,875 | |
Operating Profit | 104 | 89 | 126 | 142 | 138 | 162 | 196 | 209 | 187 | 254 | 389 | 385 | 387 |
OPM % | 12% | 10% | 12% | 12% | 12% | 13% | 14% | 12% | 12% | 16% | 19% | 17% | 17% |
2 | 4 | 5 | 9 | 4 | 10 | 5 | 15 | 22 | 21 | 35 | 43 | 52 | |
Interest | 18 | 23 | 18 | 18 | 18 | 16 | 12 | 13 | 16 | 11 | 9 | 8 | 8 |
Depreciation | 29 | 30 | 33 | 39 | 46 | 53 | 58 | 68 | 79 | 83 | 83 | 79 | 77 |
Profit before tax | 59 | 40 | 80 | 94 | 78 | 103 | 131 | 143 | 115 | 180 | 332 | 340 | 355 |
Tax % | 25% | 19% | 19% | 22% | 17% | 28% | 33% | 32% | 22% | 26% | 26% | 26% | |
44 | 33 | 66 | 74 | 66 | 75 | 89 | 100 | 91 | 133 | 246 | 252 | 258 | |
EPS in Rs | 14.09 | 10.42 | 20.01 | 22.68 | 20.22 | 22.61 | 27.41 | 31.72 | 29.19 | 42.51 | 78.20 | 80.25 | 82.15 |
Dividend Payout % | 20% | 18% | 15% | 15% | 15% | 15% | 8% | 16% | 17% | 24% | 19% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 9% |
3 Years: | 13% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 23% |
3 Years: | 46% |
TTM: | 1% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 27% |
3 Years: | 61% |
1 Year: | 71% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 16 | 16 | 16 | 16 | 31 | 31 | 31 | 31 | 31 | 31 |
Reserves | 225 | 251 | 300 | 349 | 401 | 505 | 570 | 635 | 675 | 848 | 1,101 | 1,334 | 1,439 |
138 | 168 | 150 | 177 | 178 | 134 | 108 | 218 | 133 | 84 | 104 | 104 | 71 | |
184 | 196 | 231 | 264 | 266 | 292 | 321 | 338 | 292 | 415 | 476 | 403 | 531 | |
Total Liabilities | 554 | 622 | 689 | 806 | 860 | 947 | 1,015 | 1,221 | 1,132 | 1,378 | 1,713 | 1,873 | 2,072 |
197 | 228 | 255 | 316 | 381 | 407 | 424 | 532 | 585 | 552 | 508 | 487 | 468 | |
CWIP | 3 | 3 | 9 | 37 | 10 | 14 | 27 | 37 | 9 | 6 | 15 | 32 | 72 |
Investments | 14 | 19 | 17 | 18 | 19 | 60 | 54 | 55 | 20 | 63 | 104 | 134 | 155 |
341 | 372 | 408 | 436 | 451 | 466 | 510 | 597 | 518 | 757 | 1,086 | 1,221 | 1,378 | |
Total Assets | 554 | 622 | 689 | 806 | 860 | 947 | 1,015 | 1,221 | 1,132 | 1,378 | 1,713 | 1,873 | 2,072 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
38 | 70 | 96 | 119 | 117 | 150 | 128 | 102 | 203 | 211 | 202 | 167 | |
-30 | -63 | -60 | -114 | -87 | -78 | -87 | -180 | -55 | -121 | -182 | -157 | |
-7 | -3 | -39 | -4 | -33 | -60 | -50 | 81 | -154 | -33 | -19 | -58 | |
Net Cash Flow | 1 | 5 | -4 | 1 | -2 | 11 | -9 | 2 | -5 | 57 | 2 | -48 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 48 | 49 | 46 | 47 | 51 | 50 | 48 | 41 | 56 | 51 | 45 |
Inventory Days | 151 | 140 | 139 | 153 | 155 | 150 | 143 | 145 | 150 | 149 | 168 | 142 |
Days Payable | 88 | 85 | 98 | 122 | 127 | 139 | 147 | 122 | 128 | 128 | 106 | 75 |
Cash Conversion Cycle | 108 | 103 | 90 | 78 | 75 | 62 | 46 | 71 | 63 | 76 | 113 | 113 |
Working Capital Days | 54 | 55 | 48 | 47 | 45 | 42 | 35 | 48 | 48 | 45 | 56 | 56 |
ROCE % | 22% | 15% | 21% | 21% | 16% | 18% | 21% | 18% | 13% | 20% | 29% | 24% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 3m
- Closure of Trading Window 26 Mar
- Board Meeting Intimation for Intimation Of Board Meeting For Approval Of Audited Financial Results For The Quarter And Financial Year Ended 31St March, 2024 And Closure Of Trading Window 26 Mar
- Board Meeting Outcome for Outcome Of Board Meeting Held On 13.03.2024. 13 Mar
- Board Meeting Intimation for Intimation Of Board Meeting 6 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Concalls
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Jun 2023TranscriptNotesPPT
Business Segments