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L G Balakrishnan

  • Market Cap: Small Cap
  • Industry: Engineering - Industrial Equipments
  • ISIN: INE337A01034
  • NSEID: LGBBROSLTD
  • BSEID: 500250
INR
1,125.00
27.55 (2.51%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 9.95 k

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: L G Balakrishnan will declare its result soon on 30 Apr 2025
stock-summaryPrice Point
High/Low

1Day

1,113.651,134.75

52 Week

1,080.001,575.00
Valuation
Technical
Day's Volume

CASH

9.95 k (-51.28%) Volume

Shareholding (Dec 2024)

FII

6.06%

Held by 97 FIIs

DII

13.94%

Held by 14 DIIs

Promoter

34.80%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 9.54% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Falling Participation by Institutional Investors

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering - Industrial Equipments

stock-summary
Market cap

INR 3,588 Cr (Small Cap)

stock-summary
P/E

13.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

1.61%

stock-summary
Debt Equity

-0.22

stock-summary
Return on Equity

15.17%

stock-summary
Price to Book

1.95

Revenue and Profits (1 Year):
Net Sales:
677 Cr
(Quarterly Results - Dec 2024)
Net Profit:
75 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.61%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-15.51%
0%
-15.51%
1 Year
-10.68%
1.38%
-9.3%
2 Years
40.19%
4.21%
44.4%
3 Years
82.64%
8.96%
91.6%
4 Years
261.79%
19.10%
280.89%
5 Years
524.83%
30.35%
555.18%

Latest dividend: 18 per share ex-dividend date: Aug-22-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
9.54%
EBIT Growth (5y)
22.67%
EBIT to Interest (avg)
33.72
Debt to EBITDA (avg)
0.30
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.61
Tax Ratio
25.21%
Dividend Payout Ratio
20.82%
Pledged Shares
0
Institutional Holding
20.00%
ROCE (avg)
24.57%
ROE (avg)
16.02%
Valuation key factors
Factor
Value
P/E Ratio
13
Industry P/E
34
Price to Book Value
1.95
EV to EBIT
9.56
EV to EBITDA
7.52
EV to Capital Employed
2.21
EV to Sales
1.24
PEG Ratio
1.59
Dividend Yield
1.61%
ROCE (Latest)
22.93%
ROE (Latest)
15.17%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (13.19%)

FIIs

Held by 97 FIIs (6.06%)

Promoter with highest holding

B Vijayakumar (11.46%)

Highest Public shareholder

Hdfc Small Cap Fund (9.29%)

Individual Investors Holdings

38.51%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 2.42% vs 15.69% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -2.89% vs 18.87% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "676.90",
          "val2": "660.93",
          "chgp": "2.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "113.64",
          "val2": "110.00",
          "chgp": "3.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.17",
          "val2": "2.44",
          "chgp": "-11.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "3.20",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "75.30",
          "val2": "77.54",
          "chgp": "-2.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.79%",
          "val2": "16.64%",
          "chgp": "0.15%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 8.21% vs 3.62% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 9.03% vs 4.43% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,232.22",
          "val2": "1,138.72",
          "chgp": "8.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "199.17",
          "val2": "189.40",
          "chgp": "5.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.63",
          "val2": "3.42",
          "chgp": "35.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "10.45",
          "val2": "2.59",
          "chgp": "303.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "142.77",
          "val2": "130.94",
          "chgp": "9.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.16%",
          "val2": "16.63%",
          "chgp": "-0.47%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.78% vs 3.52% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 7.17% vs 3.01% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,909.12",
          "val2": "1,739.09",
          "chgp": "9.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "312.81",
          "val2": "295.93",
          "chgp": "5.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.80",
          "val2": "5.26",
          "chgp": "29.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "10.45",
          "val2": "2.59",
          "chgp": "303.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "218.07",
          "val2": "203.48",
          "chgp": "7.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.39%",
          "val2": "17.02%",
          "chgp": "-0.63%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 6.49% vs 4.80% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 7.70% vs 2.63% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,346.05",
          "val2": "2,202.98",
          "chgp": "6.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "394.51",
          "val2": "380.17",
          "chgp": "3.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.08",
          "val2": "6.60",
          "chgp": "22.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "6.81",
          "val2": "20.29",
          "chgp": "-66.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "271.34",
          "val2": "251.93",
          "chgp": "7.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.82%",
          "val2": "17.26%",
          "chgp": "-0.44%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
676.90
660.93
2.42%
Operating Profit (PBDIT) excl Other Income
113.64
110.00
3.31%
Interest
2.17
2.44
-11.07%
Exceptional Items
0.00
3.20
-100.00%
Consolidate Net Profit
75.30
77.54
-2.89%
Operating Profit Margin (Excl OI)
16.79%
16.64%
0.15%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 2.42% vs 15.69% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -2.89% vs 18.87% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,232.22
1,138.72
8.21%
Operating Profit (PBDIT) excl Other Income
199.17
189.40
5.16%
Interest
4.63
3.42
35.38%
Exceptional Items
10.45
2.59
303.47%
Consolidate Net Profit
142.77
130.94
9.03%
Operating Profit Margin (Excl OI)
16.16%
16.63%
-0.47%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 8.21% vs 3.62% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 9.03% vs 4.43% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,909.12
1,739.09
9.78%
Operating Profit (PBDIT) excl Other Income
312.81
295.93
5.70%
Interest
6.80
5.26
29.28%
Exceptional Items
10.45
2.59
303.47%
Consolidate Net Profit
218.07
203.48
7.17%
Operating Profit Margin (Excl OI)
16.39%
17.02%
-0.63%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 9.78% vs 3.52% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 7.17% vs 3.01% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,346.05
2,202.98
6.49%
Operating Profit (PBDIT) excl Other Income
394.51
380.17
3.77%
Interest
8.08
6.60
22.42%
Exceptional Items
6.81
20.29
-66.44%
Consolidate Net Profit
271.34
251.93
7.70%
Operating Profit Margin (Excl OI)
16.82%
17.26%
-0.44%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 6.49% vs 4.80% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 7.70% vs 2.63% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About L G Balakrishnan & Bros Ltd stock-summary
stock-summary
L G Balakrishnan & Bros Ltd
Small Cap
Engineering - Industrial Equipments
L.G. Balakrishnan & Bros Limited (LGB) was established in 1937 as a transport Company and has evolved today as major manufacturer of chains, sprockets and metal formed parts for automotive applications. The Company is presently promoted by B. Vijayakumar. Its business segments include transmission and metal forming. Its transmission products include chains, sprockets, tensioners, belts and brake shoe.
Company Coordinates stock-summary
Company Details
6/16/13 Krishnarayapuram Road, Ganapathy Coimbatore Tamil Nadu : 641006
stock-summary
Tel: 91-0422-2532325
stock-summary
http://www.lgb.co.in
stock-summary
info@igb.co.in
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai
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