LGBBROSLTD
LG Balakrishnan & Bros share price & financials
- Price
- ₹1,554.8
- Market cap
- ₹5.4k Cr
What LG Balakrishnan & Bros Limited does
L.G. Balakrishnan & Bros manufactures automotive and industrial chains, sprockets, tensioners, fine-blanked and forged precision-machined parts, rubber components, and engine assemblies and sub-assemblies. Its parts go into two-wheeler, passenger-vehicle and commercial-vehicle transmission, engine, braking and seating systems, as well as textile-machinery applications. It earns by manufacturing and supplying these components to OEMs and industrial customers in India and to more than 30 countries worldwide, supported by an in-house tool-design and fine-blanking-tool manufacturing capability and a government-certified R&D centre.
- Manufacturing plants
- 27 in India plus 1 in Michigan, USA
- Countries supplied
- 30+
- Countries with warehouse facilities
- 3
- Fine blanking presses
- 29 (100 to 1000 ton capacity)
- Overseas manufacturing/warehouse locations
- Sausheim (France), Hampton VA and Detroit (USA), Berlin (Germany)
- New plant location
- Butibori MIDC industrial area, Nagpur, Maharashtra
Quarterly results
Q1 FY27: revenue up 21.6%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 661 | 677 | 669 | 657 | 787 +19% | 817 +21% | 815 +22% | 799 +22% |
| EBITDA | 110 | 114 | 102 | 97 | 137 +25% | 135 +18% | 116 +14% | 106 +9% |
| Net profit | 78 | 75 | 84 | 67 | 94 +21% | 88 +17% | 70 −17% | 67 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +27.2% 1Y
1Y: ₹1,344.6 on 10 Sept 2025 → ₹1,711. High ₹2,007.8 (12 Feb 2026), low ₹1,335.2 (12 Sept 2025).
Financials, as filed
Revenue grew 11.8% a year over 3 years, FY23 to FY26. Operating margin narrowed to 15.8%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.2k Cr | ₹2.3k Cr | ₹2.6k Cr | ₹3.1k Cr |
| Operating profit | ₹383 Cr | ₹399 Cr | ₹415 Cr | ₹485 Cr |
| Operating margin | 17.4% | 17.0% | 16.1% | 15.8% |
| Interest | ₹6 Cr | ₹9 Cr | ₹9 Cr | ₹15 Cr |
| Depreciation | ₹80 Cr | ₹77 Cr | ₹92 Cr | ₹116 Cr |
| Net profit | ₹252 Cr | ₹271 Cr | ₹302 Cr | ₹319 Cr |
| Net margin | 11.4% | 11.6% | 11.7% | 10.4% |
| Cash from operations | ₹304 Cr | ₹343 Cr | ₹288 Cr | ₹332 Cr |
| Free cash flow | ₹228 Cr | ₹187 Cr | ₹-1 Cr | ₹-38 Cr |
| ROCE | 24.0% | 23.0% | 20.0% | 20.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹31 Cr | ₹32 Cr | ₹32 Cr |
| Reserves | ₹848 Cr | ₹1.1k Cr | ₹1.3k Cr | ₹1.6k Cr | ₹2.0k Cr | ₹2.1k Cr |
| Borrowings | ₹84 Cr | ₹104 Cr | ₹104 Cr | ₹115 Cr | ₹180 Cr | ₹231 Cr |
| Other liabilities | ₹394 Cr | ₹476 Cr | ₹403 Cr | ₹480 Cr | ₹581 Cr | ₹610 Cr |
| Total liabilities | ₹1.4k Cr | ₹1.7k Cr | ₹1.9k Cr | ₹2.2k Cr | ₹2.8k Cr | ₹3.0k Cr |
| Fixed assets | ₹552 Cr | ₹508 Cr | ₹487 Cr | ₹573 Cr | ₹891 Cr | ₹1.1k Cr |
| Capital work in progress | ₹6 Cr | ₹15 Cr | ₹32 Cr | ₹47 Cr | ₹19 Cr | ₹30 Cr |
| Investments | ₹63 Cr | ₹104 Cr | ₹134 Cr | ₹176 Cr | ₹162 Cr | ₹140 Cr |
| Other assets | ₹736 Cr | ₹1.1k Cr | ₹1.2k Cr | ₹1.4k Cr | ₹1.7k Cr | ₹1.7k Cr |
| Total assets | ₹1.4k Cr | ₹1.7k Cr | ₹1.9k Cr | ₹2.2k Cr | ₹2.8k Cr | ₹3.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +0.46 pp while DIIs trimmed −0.28 pp. The shareholder count shrank 4% to 36,849.
- Promoters
- 34.8%
- FIIs
- 6.4%
- DIIs
- 13.5%
- Public
- 45.3%
Since Jun 2025
- FIIs +0.46 pp
- DIIs −0.28 pp
- Public −0.21 pp
How it drifted, 12 quarters
Over this window FIIs fell from 8.1% to 6.4% — −1.7 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 33.7%, FIIs 8.1%, DIIs 13.8%, Public 44.3%.Dec '23: Promoters 33.7%, FIIs 7.8%, DIIs 13.9%, Public 44.5%.Mar '24: Promoters 33.7%, FIIs 7.6%, DIIs 14.0%, Public 44.6%.Jun '24: Promoters 33.8%, FIIs 7.5%, DIIs 14.3%, Public 44.5%.Sep '24: Promoters 34.8%, FIIs 6.5%, DIIs 14.4%, Public 44.3%.Dec '24: Promoters 34.8%, FIIs 6.0%, DIIs 13.9%, Public 45.2%.Mar '25: Promoters 34.8%, FIIs 5.9%, DIIs 13.9%, Public 45.4%.Jun '25: Promoters 34.8%, FIIs 6.0%, DIIs 13.7%, Public 45.5%.Sep '25: Promoters 34.8%, FIIs 5.8%, DIIs 13.5%, Public 45.9%.Dec '25: Promoters 34.8%, FIIs 7.0%, DIIs 12.9%, Public 45.3%.Mar '26: Promoters 34.8%, FIIs 6.6%, DIIs 13.3%, Public 45.2%.Jun '26: Promoters 34.8%, FIIs 6.4%, DIIs 13.5%, Public 45.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of LG Balakrishnan & Bros Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| B Vijayakumar | 11.47% | unchanged |
| HDFC Small Cap Fund Mutual fund | 9.27% | unchanged |
| V Rajsri | 7.30% | unchanged |
| Lgb Auto Products Private Limited | 6.05% | unchanged |
| B Vijayakumar - Trustee - Jeshta Family Private Trust | 4.96% | unchanged |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund Mutual fund | 2.79% | unchanged |
| Lg Farm Products Private Limited | 2.53% | unchanged |
| Lg Sports Private Limited | 1.65% | unchanged |
| Anil Kumar Goel | 1.30% | unchanged |
| Srinivasan V | 1.30% | unchanged |
| B V Educational Foundation | 1.29% | unchanged |
| Mahindra Manulife Small Cap Fund Mutual fund | 1.20% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in LGBBROSLTD
Filings to Aug 2026
0 new, 1 added, 0 trimmed, 0 sold out — net +0.01 L shares (+0.0%).
- Held by funds
- ₹620 Cr
- 4 schemes
- Biggest holder
- HDFC Small Cap Fund
- ₹441 Cr · 1.1% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Small Cap Fund HDFC Mutual Fund | ₹441 Cr | +0.01 L | Dec '22 |
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹151 Cr | held | Feb '14 |
| HDFC Transportation and Logistics Fund HDFC Mutual Fund | ₹16 Cr | held | Jan '24 |
| HDFC Large and Mid Cap Fund HDFC Mutual Fund | ₹13 Cr | held | Dec '22 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
1 added, 0 trimmed — net +1,403 shares (+0.0%)
- Funds are sitting on
- +133%
- vs est. average cost
- Held by funds
- ₹620 Cr
- 4 schemes · ≈ 11% of the company
- Biggest holder
- HDFC Small Cap Fund
- ₹441 Cr · 1.1% of that fund
- Longest holder
- Nippon India Small Cap Fund
- 12y 7m · since Feb '14
Shares held by these funds +7%
Aug '23 38.47 L shares Jul '26
What the price assumes
ExpensiveTo justify its price of ₹1711, this stock must grow earnings at 11% every year for 7 years. Our analysis caps realistic growth at ~8%. At that growth it is worth ₹1404 — downside of 18%.
- Growth the price implies
- 11.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 8.2% a year
- net profit, FY23–FY26 · EPS 7.6%
- The gap
- 0.0 pp
- -18% downside if it only repeats history
Learn to analyse LG Balakrishnan & Bros Limited
Guides on how to read this kind of business and the numbers that matter.