L G Balakrishnan & Bros Ltd

About L G Balakrishnan & Bros Ltd

L.G. Balakrishnan & Bros Ltd (LGB) is a leading Indian manufacturer of automotive chains, sprockets, and other power transmission products. It holds a dominant market position, supplying to major OEMs and the aftermarket across two-wheelers, passenger cars, and commercial vehicles. The company also has interests in fine blanking components, cables, and textile machinery parts.

Key Financial Ratios of L G Balakrishnan & Bros Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. L G Balakrishnan & Bros Ltd's P/E ratio (TTM) is 16.69, compared to the industry median of 30.25 and large cap median of 28.80.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. L G Balakrishnan & Bros Ltd's P/B ratio is 2.37, compared to the industry median of 3.35 and large cap median of 3.12.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. L G Balakrishnan & Bros Ltd's P/S ratio is 1.68, compared to the industry median of 1.70 and large cap median of 1.66.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. L G Balakrishnan & Bros Ltd's PEG ratio is 1.15.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. L G Balakrishnan & Bros Ltd's EV/EBITDA ratio is 8.98.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. L G Balakrishnan & Bros Ltd's ROE is 14.81%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. L G Balakrishnan & Bros Ltd's ROA is 16.16%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. L G Balakrishnan & Bros Ltd's ROCE is 20%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. L G Balakrishnan & Bros Ltd's operating margin is 15.73%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. L G Balakrishnan & Bros Ltd's net margin is 10.37%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. L G Balakrishnan & Bros Ltd's current ratio is 2.21.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. L G Balakrishnan & Bros Ltd's debt-to-equity ratio is 0.03.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. L G Balakrishnan & Bros Ltd's interest coverage ratio is 29.27.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. L G Balakrishnan & Bros Ltd's DPS is ₹21.99.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. L G Balakrishnan & Bros Ltd's EPS is 5.51.

(Source line: "Ratios as of 19 Aug 2026, based on last traded price of ₹1603. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1937

• Headquarters: Coimbatore, Tamil Nadu

• Core Offerings: Automotive Chains, Sprockets, Tensioners, Fine Blanked Components, Cables

• Stock Listing: NSE (LGBBROSLTD), BSE (500250)

• Promoter: L.G. Group / Balakrishnan family

History of L G Balakrishnan & Bros Ltd

L.G. Balakrishnan & Bros Ltd was founded in 1937 by L.G. Balakrishnan as a trading enterprise for bicycle components. It was incorporated as a private limited company in 1956 and transitioned to a public limited company in 1974. Over the decades, the company significantly expanded its manufacturing capabilities, diversifying into automotive chains, sprockets, tensioners, cables, and fine blanking components, establishing itself as a market leader in power transmission products for both OEM and aftermarket segments.

Business Segments and Revenue Mix

• Automotive Chains & Sprockets: Core business, manufacturing drive chains, timing chains, and sprockets for two-wheelers, passenger cars, and commercial vehicles, catering to both OEM and aftermarket.

• Fine Blanking Components: Produces precision-engineered components used in various automotive applications, leveraging advanced manufacturing technology.

• Cables & Control Systems: Manufactures control cables for automotive applications, including speedometer cables, choke cables, and throttle cables.

• Industrial Chains: Supplies chains for various industrial applications beyond automotive.

Key Personnel

B. Vijayakumar, Chairman & Managing Director: A key leader with extensive experience, he has guided the company through significant expansion and diversification into various auto component segments.

Subsidiaries and Associate Companies

• Gopala Polyplast Limited (engaged in textile machinery parts and automotive components)

• LGB-DEUTSCHLAND GMBH (involved in overseas marketing and sales of power transmission products)

• LGB-US INC. (involved in overseas marketing and sales of power transmission products)

Corporate Actions

The company issued bonus shares in March 2023 in the ratio of 1:2 (1 new share for every 2 shares held). No other major recent corporate actions on record.

References

1. Annual Report FY2023 2. Exchange Filings (NSE/BSE) 3. Financial Results Announcement