L G Balakrishnan & Bros Ltd

₹ 1,531 -1.70%

20 May 10:17 a.m.

About

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]

Key Points

Product Segments Q3 FY26
1) Transmission (85%): ^[1]The company offers chains, sprockets, tensioners, belts and brake shoes.

Website BSE NSE

Market Cap ₹ 4,883 Cr.
Current Price ₹ 1,531
High / Low ₹ 2,097 / 1,208
Stock P/E 15.4
Book Value ₹ 675
Dividend Yield 1.27 %
ROCE 19.8 %
ROE 15.6 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Company has been maintaining a healthy dividend payout of 21.3%

Cons

Promoter holding is low: 34.8%

* 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

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE Consumer Discretionary BSE 1000

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	523	539	600	600	607	571	661	677	669	657	787	817	815
	434	452	496	494	506	482	551	563	567	560	650	682	699
Operating Profit	89	87	104	107	101	89	110	114	102	97	137	135	116
OPM %	17%	16%	17%	18%	17%	16%	17%	17%	15%	15%	17%	16%	14%
	16	7	17	12	16	21	17	12	28	24	15	9	24
Interest	2	2	2	2	3	2	2	2	3	3	4	4	4
Depreciation	20	18	18	20	21	21	22	24	25	26	28	30	32
Profit before tax	83	74	101	97	93	87	103	99	102	91	120	110	103
Tax %	34%	25%	25%	25%	27%	25%	25%	24%	18%	27%	22%	19%	33%
	55	55	75	73	68	65	78	75	84	67	94	88	70
EPS in Rs	17.33	17.66	24.05	23.11	21.62	20.78	24.31	23.61	26.35	21.00	29.35	27.73	21.86
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,151	1,175	1,258	1,418	1,688	1,543	1,609	2,102	2,203	2,346	2,578	3,076
	1,009	1,037	1,095	1,222	1,479	1,355	1,355	1,713	1,822	1,951	2,162	2,592
Operating Profit	142	138	162	196	209	187	254	389	381	395	416	484
OPM %	12%	12%	13%	14%	12%	12%	16%	19%	17%	17%	16%	16%
	9	4	10	5	15	22	21	35	46	56	78	71
Interest	18	18	16	12	13	16	11	9	8	9	11	15
Depreciation	39	46	53	58	68	79	83	83	79	78	92	115
Profit before tax	94	78	103	131	143	115	180	332	340	365	391	424
Tax %	22%	17%	28%	33%	32%	22%	26%	26%	26%	26%	23%	25%
	74	66	75	89	100	91	133	246	252	271	302	319
EPS in Rs	22.68	20.22	22.61	27.41	31.72	29.19	42.51	78.20	80.25	86.43	94.73	99.95
Dividend Payout %	15%	15%	15%	8%	16%	17%	24%	19%	20%	21%	21%	22%

Compounded Sales Growth
10 Years:	10%
5 Years:	14%
3 Years:	12%
TTM:	19%

Compounded Profit Growth
10 Years:	17%
5 Years:	21%
3 Years:	10%
TTM:	11%

Stock Price CAGR
10 Years:	21%
5 Years:	39%
3 Years:	25%
1 Year:	18%

Return on Equity
10 Years:	17%
5 Years:	18%
3 Years:	16%
Last Year:	16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	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
	177	178	134	108	218	133	84	104	104	115	157	190
	264	266	292	321	338	292	394	476	403	480	508	652
Total Liabilities	806	860	947	1,015	1,221	1,132	1,357	1,713	1,873	2,237	2,570	2,995
	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	31
Investments	18	19	60	54	55	20	63	104	134	176	153	140
	436	451	466	510	597	518	736	1,086	1,221	1,441	1,582	1,726
Total Assets	806	860	947	1,015	1,221	1,132	1,357	1,713	1,873	2,237	2,570	2,995

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	119	117	150	128	102	203	226	202	304	343	288	332
	-114	-87	-78	-87	-180	-55	-110	-182	-295	-299	-311	-280
	-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

Consolidated Figures in Rs. Crores / View Standalone

	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	45	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	93	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

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Fixed Asset Turnover Ratio
Times ・Standalone data

	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx
								xx	xx	xx
									xx.xx	xx.xx
x,xxx										x,xxx
xx										xx
										xxx
										xx

Please log in to see hidden values.

Market Share in Domestic Two-Wheeler (2W) Chains
% ・Standalone data

Revenue Mix: Aftermarket Share
%

Total Employees (Workforce)
Number ・Standalone data

Total Manufacturing Facilities
Number

Number of Dealers and Distributors
Number ・Standalone data

Revenue Mix: Two-Wheeler Industry Exposure
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	33.85%	33.74%	33.74%	33.74%	33.76%	34.80%	34.80%	34.80%	34.80%	34.82%	34.82%	34.83%
	8.77%	8.14%	7.81%	7.62%	7.46%	6.45%	6.05%	5.92%	5.96%	5.85%	6.99%	6.61%
	12.73%	13.78%	13.90%	13.98%	14.31%	14.43%	13.94%	13.87%	13.74%	13.47%	12.88%	13.35%
	44.64%	44.33%	44.52%	44.64%	44.46%	44.33%	45.20%	45.40%	45.49%	45.86%	45.30%	45.21%
No. of Shareholders	34,046	35,865	33,711	34,062	34,795	37,430	38,613	37,752	38,538	39,126	38,549	37,259

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	47.53%	47.88%	47.97%	47.38%	43.36%	34.32%	34.21%	33.74%	34.80%	34.83%
	2.15%	0.55%	0.56%	0.48%	2.36%	7.72%	9.17%	7.62%	5.92%	6.61%
	12.62%	15.91%	16.78%	17.87%	14.86%	11.80%	11.73%	13.98%	13.87%	13.35%
	37.70%	35.66%	34.69%	34.27%	39.42%	46.16%	44.87%	44.64%	45.40%	45.21%
No. of Shareholders	17,047	15,142	19,883	21,208	25,327	43,603	36,279	34,062	37,752	37,259

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

L G Balakrishnan & Bros Ltd

L G Balakrishnan & Bros Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls