LG Balakrishnan & Bros Ltd
LGBBROSLTDLG Balakrishnan & Bros Ltd
LGBBROSLTD
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
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 14.86 | 2.56 | 1.34% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 50.42 | 7.24 | 0.54% |
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
Jyoti CNC Automation Ltd
Carborundum Universal Ltd
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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 ₹
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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 | 2,506.07 | ||||||||||
Raw Materials | 543.58 | 559.88 | 652.10 | 813.56 | 697.21 | 732.14 | 1,023.62 | 1,025.90 | 1,051.63 | 2,032.88 | ||||||||||
| 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 | 473.19 | ||||||||||
| Depreciation/Amortization | 45.93 | 52.82 | 57.79 | 68.05 | 78.66 | 83.32 | 83.22 | 79.47 | 77.95 | 83.99 | ||||||||||
| PBIT | 95.66 | 119.09 | 143.06 | 155.37 | 131.11 | 191.04 | 340.90 | 348.03 | 373.60 | 389.20 | ||||||||||
| Interest & Other Items | 17.89 | 15.76 | 11.88 | 12.74 | 16.28 | 10.93 | 9.22 | 7.72 | 8.88 | 9.28 | ||||||||||
| PBT | 77.77 | 103.33 | 131.18 | 142.63 | 114.83 | 180.11 | 331.68 | 340.31 | 364.72 | 379.92 | ||||||||||
| Taxes & Other Items | 14.29 | 32.34 | 45.12 | 43.05 | 23.20 | 46.67 | 86.20 | 88.38 | 93.36 | 96.76 | ||||||||||
| Net Income | 63.48 | 70.99 | 86.06 | 99.58 | 91.63 | 133.44 | 245.48 | 251.93 | 271.36 | 283.16 | ||||||||||
| EPS | 20.22 | 22.61 | 27.41 | 31.72 | 29.19 | 42.51 | 78.20 | 80.25 | 86.44 | 90.20 | ||||||||||
| DPS | 3.00 | 3.50 | 2.25 | 5.00 | 5.00 | 10.00 | 15.00 | 16.00 | 18.00 | 18.00 | ||||||||||
| Payout ratio | 0.15 | 0.15 | 0.08 | 0.16 | 0.17 | 0.24 | 0.19 | 0.20 | 0.21 | 0.20 |
Company Updates
Annual report
PDFAnnual report
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PDFPeers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| LG Balakrishnan & Bros Ltd | 15.50 | 2.56 | 1.34% |
| Cummins India Ltd | 56.81 | 14.78 | 1.08% |
| Thermax Limited | 82.85 | 12.04 | 0.25% |
| AIA Engineering Ltd | 28.50 | 4.85 | 0.47% |
Price Comparison
Compare LGBBROSLTD with any stock or ETFShareholdings
Promoter Holdings Trend
Increased Total Promoter Holding
In last 6 months, promoter holding in the company has increased by 1.05%
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
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.02%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 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 8.6114% | Percentage of the fund’s portfolio invested in the stock 1.06% | Change in the portfolio weight of the stock over the last 3 months -0.07% | 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 40/92 (-4) |
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 2.7591% | Percentage of the fund’s portfolio invested in the stock 0.19% | Change in the portfolio weight of the stock over the last 3 months -0.01% | 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 123/234 (-69) |
HDFC Transportation and Logistics Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3128% | Percentage of the fund’s portfolio invested in the stock 0.99% | Change in the portfolio weight of the stock over the last 3 months 0.22% | 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 28/35 (+3) |
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 ₹13.43 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
Net profit of L G Balakrishnan & Bros rose 2.70% to Rs 77.54 crore in the quarter ended September 2024 as against Rs 75.50 crore during the previous quarter ended September 2023. Sales rose 10.13% to Rs 660.93 crore in the quarter ended September 2024 as against Rs 600.11 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales660.93600.11 10 OPM %16.6417.28 - PBDT121.53113.69 7 PBT99.6895.19 5 NP77.5475.50 3 Powered by Capital Market - Live
LG Balakrishnan & Bros will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
LG Balakrishnan & Bros will hold a meeting of the Board of Directors of the Company on 23 September 2024.Powered by Capital Market - Live
Gujarat Gas Ltd, Aegis Logistics Ltd, Sona BLW Precision Forgings Ltd and Concord Biotech Ltd are among the other gainers in the BSE's 'A' group today, 02 September 2024.L G Balakrishnan & Bros Ltd soared 12.00% to Rs 1540.5 at 11:45 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 14287 shares were traded on the counter so far as against the average daily volumes of 3890 shares in the past one month. Gujarat Gas Ltd spiked 10.11% to Rs 668.05. The stock was the second biggest gainer in 'A' group. On the BSE, 7.39 lakh shares were traded on the counter so far as against the average daily volumes of 39760 shares in the past one month. Aegis Logistics Ltd surged 7.52% to Rs 809. The stock was the third biggest gainer in 'A' group. On the BSE, 14438 shares were traded on the counter so far as against the average daily volumes of 35975 shares in the past one month. Sona BLW Precision Forgings Ltd exploded 5.47% to Rs 720.65. The stock was the fourth biggest gainer in 'A' group. On the BSE, 72582 shares were traded on the counter so far as against the average daily volumes of 43189 shares in the past one month. Concord Biotech Ltd added 4.94% to Rs 1746.75. The stock was the fifth biggest gainer in 'A' group. On the BSE, 11531 shares were traded on the counter so far as against the average daily volumes of 7435 shares in the past one month. Powered by Capital Market - Live
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
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Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.12%, vs industry avg of 10.63%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.47% to 1.97%
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 23.31%