LG Balakrishnan & Bros Ltd
LGBBROSLTDLG Balakrishnan & Bros Ltd
LGBBROSLTD![](https://assets.tickertape.in/sector-icons/industrials.png)
![](https://assets.tickertape.in/sector-icons/smallcap.png)
![](https://assets.tickertape.in/sector-icons/moderate_risk.png)
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
15.05 | 2.57 | 1.34% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
51.32 | 7.35 | 0.45% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
L.G. Balakrishnan & Bros Limited is engaged in the business of manufacturing chains, sprockets and metal formed parts for automotive applications. The Company's segments include transmission, metal forming and others.
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,209.22 | 1,268.56 | 1,423.31 | 1,702.87 | 1,565.32 | 1,629.58 | 2,136.87 | 2,249.19 | 2,402.28 | 2,445.24 | ||||||||||
Raw Materials | 543.58 | 559.88 | 652.10 | 813.56 | 697.21 | 732.14 | 1,023.62 | 1,025.90 | 1,051.63 | 1,978.36 | ||||||||||
Power & Fuel Cost | 50.47 | 51.60 | 56.61 | 69.56 | 69.38 | 67.98 | 83.05 | 91.87 | 102.57 | |||||||||||
Employee Cost | 173.10 | 189.85 | 208.25 | 260.55 | 259.52 | 246.16 | 296.88 | 319.82 | 361.60 | |||||||||||
Selling & Administrative Expenses | 111.20 | 88.53 | 90.92 | 103.88 | 94.11 | 92.20 | 102.76 | 97.89 | 105.10 | |||||||||||
Operating & Other expenses | 189.28 | 206.79 | 214.58 | 231.90 | 235.33 | 216.74 | 206.44 | 286.21 | 329.83 | |||||||||||
EBITDA | 141.59 | 171.91 | 200.85 | 223.42 | 209.77 | 274.36 | 424.12 | 427.50 | 451.55 | 466.88 | ||||||||||
Depreciation/Amortization | 45.93 | 52.82 | 57.79 | 68.05 | 78.66 | 83.32 | 83.22 | 79.47 | 77.95 | 80.63 | ||||||||||
PBIT | 95.66 | 119.09 | 143.06 | 155.37 | 131.11 | 191.04 | 340.90 | 348.03 | 373.60 | 386.25 | ||||||||||
Interest & Other Items | 17.89 | 15.76 | 11.88 | 12.74 | 16.28 | 10.93 | 9.22 | 7.72 | 8.88 | 8.55 | ||||||||||
PBT | 77.77 | 103.33 | 131.18 | 142.63 | 114.83 | 180.11 | 331.68 | 340.31 | 364.72 | 377.70 | ||||||||||
Taxes & Other Items | 14.29 | 32.34 | 45.12 | 43.05 | 23.20 | 46.67 | 86.20 | 88.38 | 93.36 | 96.55 | ||||||||||
Net Income | 63.48 | 70.99 | 86.06 | 99.58 | 91.63 | 133.44 | 245.48 | 251.93 | 271.36 | 281.15 | ||||||||||
EPS | 20.22 | 22.61 | 27.41 | 31.72 | 29.19 | 42.51 | 78.20 | 80.25 | 86.44 | 89.56 | ||||||||||
DPS | 3.00 | 3.50 | 2.25 | 5.00 | 5.00 | 10.00 | 15.00 | 16.00 | 18.00 | 16.00 | ||||||||||
Payout ratio | 0.15 | 0.15 | 0.08 | 0.16 | 0.17 | 0.24 | 0.19 | 0.20 | 0.21 | 0.18 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
LG Balakrishnan & Bros Ltd | 15.59 | 2.57 | 1.34% |
Cummins India Ltd | 60.17 | 15.66 | 1.02% |
Thermax Limited | 76.10 | 11.06 | 0.28% |
AIA Engineering Ltd | 35.99 | 6.13 | — |
Price Comparison
Compare LGBBROSLTD with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding LG Balakrishnan & Bros Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 8.9062% | Percentage of the fund’s portfolio invested in the stock 1.20% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 20/88 (+1) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.0089% | Percentage of the fund’s portfolio invested in the stock 0.21% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 53/226 (-3) |
Mahindra Manulife Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3612% | Percentage of the fund’s portfolio invested in the stock 1.04% | Change in the portfolio weight of the stock over the last 3 months 0.17% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 52/68 (+4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
LGBBROSLTD has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 1.34%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.35 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 22, 2024
Dividend/Share
₹18.00
Ex DateEx Date
Aug 22, 2024
Cash Dividend
Ex DateEx DateSep 18, 2023
Dividend/Share
₹16.00
Ex DateEx Date
Sep 18, 2023
Cash Dividend
Ex DateEx DateAug 17, 2022
Dividend/Share
₹15.00
Ex DateEx Date
Aug 17, 2022
Cash Dividend
Ex DateEx DateSep 1, 2021
Dividend/Share
₹10.00
Ex DateEx Date
Sep 1, 2021
Cash Dividend
Ex DateEx DateMar 5, 2020
Dividend/Share
₹5.00
Ex DateEx Date
Mar 5, 2020
The Board of L G Balakrishnan & Bros at its meeting held on 05 August 2024 has approved to make strategic investment in Greenerg Mobility Solutions (Investee Company) by subscribing to equity shares having face value of Rs.10/- each equivalent to 14.92% of the post investment Paid up Share Capital of the Investee Company for an aggregate consideration of an amount not exceeding Rs.6 crore and subscribing to Secured Optionally Convertible Debentures for an aggregate nominal value not exceeding Rs.6 crore, in one or more tranches. The investment in equity is likely to be completed by August 2024 while the investment in debentures will be completed by January 2025. Greenerg Mobility Solutions (Greenerg) 1s primarily engaged m the business of electric mobility solutions in India and engaged in the development of Electric Vehicle (EV) components like telematics, BMS, VCU, BLDC motor and motor controller and other Electrical and Electronic Parts thereof. Powered by Capital Market - Live
Net profit of L G Balakrishnan & Bros rose 17.66% to Rs 65.23 crore in the quarter ended June 2024 as against Rs 55.44 crore during the previous quarter ended June 2023. Sales rose 6.07% to Rs 571.29 crore in the quarter ended June 2024 as against Rs 538.61 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales571.29538.61 6 OPM %15.6116.15 - PBDT101.0995.55 6 PBT80.0077.15 4 NP65.2355.44 18 Powered by Capital Market - Live
![](https://i3.ytimg.com/vi/B83x-z1TFf4/hqdefault.jpg)
Top 3 stocks to buy as suggested by HDFC Securities over next 2-4 quarters
![](https://pocket-image-cache.com/direct?url=http://images.livemint.com/img/2022/08/18/600x338/stocks_to_buy_1660814447180_1660814447417_1660814447417.jpg)
Multibagger stock sets record date for 150% dividend, takes the yield to 2.18%
![](https://pocket-image-cache.com/direct?url=http://images.livemint.com/img/2022/07/28/600x338/KVP8IM6W_1600274980295_1600274984745_1659027083349_1659027083349.jpg)
Market Roundup: Sensex rises by 113 points, Nifty ends at 17,248; today’s top winners and losers
![](https://pocket-image-cache.com/direct?url=http://images.firstpost.com/wp-content/uploads/large_file_plugin/2020/05/1590549761_Sensex_640.jpg)
LG Balakrishnan hits 52-week high after HDFC MF buys stake
![](https://assets.tickertape.in/images/news-publishers/businessstandard.png)
BRIEF-LG Balakrishnan & Bros Dec-Qtr Consol Net Profit Rises
![](https://assets.tickertape.in/images/news-publishers/investing-com.png)
Stocks in the news | Angel Broking, IRCTC, IDBI Bank, Forbes & Company, HDFC Bank
![](https://pocket-image-cache.com/direct?url=http://images.moneycontrol.com/static-mcnews/2020/04/stock-in-the-news-770x433.jpg)
BRIEF-India’s LG Balakrishnan & Bros Posts Higher Sept-Quarter Consol Net Profit - Investing.com India
![](https://pocket-image-cache.com/direct?url=http://i-invdn-com.akamaized.net/akapi-images/800x450/53fa1aaae51c27ce35a7859f8067b6b0_w_800_h_450.jpg)
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.12%, vs industry avg of 10.74%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.34% to 2.03%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 22.2%, vs industry avg of 23.12%