About
L.G. Balakrishnan & Bros Limited manufactures and sells chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally. The company operates through Transmission and Metal Forming segments. It offers transmission products; sprockets and gears; sealed and standard, silent, bush and roller, and special application chains; mechanical, hydraulic, between chain, and compact tensioners, as well as guides; scooter, 4 wheelers and tractors, cogged V, poly V, and timing belts; scooter components, such as clutch weight roller, clutch slider piece, face comp movable drive, 5G tech belts, cushion bush kit, pivot arm set, and starter pinion gear drive; and rubber products, brake shoes, fine blanked components, and precision machined parts. The company also provides metal forming products consisting of fine blanking for precision sheet metal parts, and machined components, as well as wire drawing products for other chain manufacturing plants, spring steel suppliers, and umbrella manufacturers. It markets its products under the Rolon brand. L.G. Balakrishnan & Bros Limited was founded in 1937 and is based in Coimbatore, India.
Key Metrics
as of Sep 2026Market Cap5,420 Cr
P/E17.00
Div Yield1.29 %
Book Value₹675.00
52w High₹2,097.00
52w Low₹1,307.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 799.00 | 815.00 | 817.00 | 787.00 | 657.00 | 669.00 | 677.00 | 661.00 | 571.00 | 607.00 | 600.00 | 600.00 | 539.00 |
| Expenses | 693.00 | 699.00 | 682.00 | 650.00 | 560.00 | 567.00 | 563.00 | 551.00 | 482.00 | 506.00 | 494.00 | 496.00 | 452.00 |
| Operating Profit | 106.00 | 116.00 | 135.00 | 137.00 | 97.00 | 102.00 | 114.00 | 110.00 | 89.00 | 101.00 | 107.00 | 104.00 | 87.00 |
| OPM % | 13.00 | 14.00 | 16.00 | 17.00 | 15.00 | 15.00 | 17.00 | 17.00 | 16.00 | 17.00 | 18.00 | 17.00 | 16.00 |
| Other Income | 21.00 | 24.00 | 9.00 | 15.00 | 24.00 | 28.00 | 12.00 | 17.00 | 21.00 | 16.00 | 12.00 | 17.00 | 7.00 |
| Depreciation | 33.00 | 32.00 | 30.00 | 28.00 | 26.00 | 25.00 | 24.00 | 22.00 | 21.00 | 21.00 | 20.00 | 18.00 | 18.00 |
| Interest | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 89.00 | 103.00 | 110.00 | 120.00 | 91.00 | 102.00 | 99.00 | 103.00 | 87.00 | 93.00 | 97.00 | 101.00 | 74.00 |
| Tax % | 25.00 | 33.00 | 19.00 | 22.00 | 27.00 | 18.00 | 24.00 | 25.00 | 25.00 | 27.00 | 25.00 | 25.00 | 25.00 |
| Net Profit | 67.00 | 70.00 | 88.00 | 94.00 | 67.00 | 84.00 | 75.00 | 78.00 | 65.00 | 68.00 | 73.00 | 75.00 | 55.00 |
| EPS in Rs | 21.01 | 21.86 | 27.73 | 29.35 | 21.00 | 26.35 | 23.61 | 24.31 | 20.78 | 21.62 | 23.11 | 24.05 | 17.66 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,076.00 | 2,578.00 | 2,346.00 | 2,203.00 | 2,102.00 | 1,609.00 | 1,543.00 | 1,688.00 | 1,418.00 | 1,258.00 | 1,175.00 | 1,151.00 |
| Expenses | 2,592.00 | 2,162.00 | 1,951.00 | 1,822.00 | 1,713.00 | 1,355.00 | 1,355.00 | 1,479.00 | 1,222.00 | 1,095.00 | 1,037.00 | 1,009.00 |
| Operating Profit | 484.00 | 416.00 | 395.00 | 381.00 | 389.00 | 254.00 | 187.00 | 209.00 | 196.00 | 162.00 | 138.00 | 142.00 |
| OPM % | 16.00 | 16.00 | 17.00 | 17.00 | 19.00 | 16.00 | 12.00 | 12.00 | 14.00 | 13.00 | 12.00 | 12.00 |
| Other Income | 71.00 | 78.00 | 56.00 | 46.00 | 35.00 | 21.00 | 22.00 | 15.00 | 5.00 | 10.00 | 4.00 | 9.00 |
| Interest | 16.00 | 11.00 | 9.00 | 8.00 | 9.00 | 11.00 | 16.00 | 13.00 | 12.00 | 16.00 | 18.00 | 18.00 |
| Depreciation | 115.00 | 92.00 | 78.00 | 79.00 | 83.00 | 83.00 | 79.00 | 68.00 | 58.00 | 53.00 | 46.00 | 39.00 |
| Profit before tax | 424.00 | 391.00 | 365.00 | 340.00 | 332.00 | 180.00 | 115.00 | 143.00 | 131.00 | 103.00 | 78.00 | 94.00 |
| Tax % | 25.00 | 23.00 | 26.00 | 26.00 | 26.00 | 26.00 | 22.00 | 32.00 | 33.00 | 28.00 | 17.00 | 22.00 |
| Net Profit | 319.00 | 302.00 | 271.00 | 252.00 | 246.00 | 133.00 | 91.00 | 100.00 | 89.00 | 75.00 | 66.00 | 74.00 |
| EPS in Rs | 99.95 | 94.73 | 86.43 | 80.25 | 78.20 | 42.51 | 29.19 | 31.72 | 27.41 | 22.61 | 20.22 | 22.68 |
| Dividend Payout % | 22.00 | 21.00 | 21.00 | 20.00 | 19.00 | 24.00 | 17.00 | 16.00 | 8.00 | 15.00 | 15.00 | 15.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32.00 | 32.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 16.00 | 16.00 | 16.00 | 16.00 |
| Reserves | 2,122.00 | 1,873.00 | 1,610.00 | 1,334.00 | 1,101.00 | 848.00 | 675.00 | 635.00 | 570.00 | 505.00 | 401.00 | 349.00 |
| Borrowings | 231.00 | 157.00 | 115.00 | 104.00 | 104.00 | 84.00 | 133.00 | 218.00 | 108.00 | 134.00 | 178.00 | 177.00 |
| Other Liabilities | 610.00 | 528.00 | 480.00 | 403.00 | 476.00 | 394.00 | 292.00 | 338.00 | 321.00 | 292.00 | 266.00 | 264.00 |
| Total Liabilities | 2,995.00 | 2,590.00 | 2,237.00 | 1,873.00 | 1,713.00 | 1,357.00 | 1,132.00 | 1,221.00 | 1,015.00 | 947.00 | 860.00 | 806.00 |
| Fixed Assets | 1,098.00 | 812.00 | 573.00 | 487.00 | 508.00 | 552.00 | 585.00 | 532.00 | 424.00 | 407.00 | 381.00 | 316.00 |
| CWIP | 30.00 | 22.00 | 47.00 | 32.00 | 15.00 | 6.00 | 9.00 | 37.00 | 27.00 | 14.00 | 10.00 | 37.00 |
| Investments | 140.00 | 153.00 | 176.00 | 134.00 | 104.00 | 63.00 | 20.00 | 55.00 | 54.00 | 60.00 | 19.00 | 18.00 |
| Other Assets | 1,726.00 | 1,602.00 | 1,441.00 | 1,221.00 | 1,086.00 | 736.00 | 518.00 | 597.00 | 510.00 | 466.00 | 451.00 | 436.00 |
| Total Assets | 2,995.00 | 2,590.00 | 2,237.00 | 1,873.00 | 1,713.00 | 1,357.00 | 1,132.00 | 1,221.00 | 1,015.00 | 947.00 | 860.00 | 806.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 332.00 | 288.00 | 343.00 | 304.00 | 202.00 | 226.00 | 203.00 | 102.00 | 128.00 | 150.00 | 117.00 | 119.00 |
| Cash from Investing Activity | -280.00 | -311.00 | -299.00 | -295.00 | -182.00 | -110.00 | -55.00 | -180.00 | -87.00 | -78.00 | -87.00 | -114.00 |
| Cash from Financing Activity | -43.00 | 18.00 | -40.00 | -58.00 | -19.00 | -60.00 | -154.00 | 81.00 | -50.00 | -60.00 | -33.00 | -4.00 |
| Net Cash Flow | 9.00 | -4.00 | 3.00 | -48.00 | 2.00 | 57.00 | -5.00 | 2.00 | -9.00 | 11.00 | -2.00 | 1.00 |
| Free Cash Flow | -38.00 | -1.00 | 187.00 | 228.00 | 155.00 | 200.00 | 133.00 | -81.00 | 35.00 | 63.00 | 34.00 | 3.00 |
| CFO/OP % | 90.00 | 93.00 | 112.00 | 102.00 | 73.00 | 107.00 | 126.00 | 73.00 | 87.00 | 105.00 | 98.00 | 97.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48.00 | 48.00 | 47.00 | 45.00 | 51.00 | 56.00 | 41.00 | 48.00 | 50.00 | 51.00 | 47.00 | 46.00 |
| Inventory Days | 140.00 | 140.00 | 133.00 | 142.00 | 168.00 | 149.00 | 150.00 | 145.00 | 143.00 | 150.00 | 155.00 | 153.00 |
| Days Payable | 95.00 | 92.00 | 88.00 | 75.00 | 106.00 | 173.00 | 128.00 | 122.00 | 147.00 | 139.00 | 127.00 | 122.00 |
| Cash Conversion Cycle | 93.00 | 96.00 | 92.00 | 113.00 | 113.00 | 31.00 | 63.00 | 71.00 | 46.00 | 62.00 | 75.00 | 78.00 |
| Working Capital Days | 35.00 | 37.00 | 35.00 | 43.00 | 43.00 | 33.00 | 45.00 | 31.00 | 34.00 | 40.00 | 31.00 | 28.00 |
| ROCE % | 20.00 | 20.00 | 23.00 | 24.00 | 29.00 | 20.00 | 13.00 | 18.00 | 21.00 | 18.00 | 16.00 | 21.00 |
Corporate Actions
33 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Aug 2026 | 19 Aug 2026 | — | 22.00 | |
| Dividend | 14 Aug 2025 | 14 Aug 2025 | — | 20.00 | |
| Dividend | 22 Aug 2024 | — | — | 18.00 | |
| Dividend | 18 Sep 2023 | — | — | 16.00 | |
| Dividend | 17 Aug 2022 | — | — | 15.00 | |
| Dividend | 01 Sep 2021 | — | — | 10.00 | |
| Other | 12 Aug 2020 | — | — | — | Annual General Meeting |
| Dividend | 05 Mar 2020 | 06 Mar 2020 | — | 5.00 | |
| Dividend | 10 Jul 2019 | — | — | 5.00 | |
| Dividend | 21 Aug 2018 | — | — | 4.50 | |
| Bonus | 14 Jun 2018 | 16 Jun 2018 | 1:1 | — | |
| Dividend | 19 Jul 2017 | — | — | 7.00 | |
| Dividend | 05 Jul 2016 | — | — | 1.00 | |
| Dividend | 22 Mar 2016 | 23 Mar 2016 | — | 2.50 | |
| Dividend | 10 Nov 2015 | 13 Nov 2015 | — | 2.50 | |
| Dividend | 02 Sep 2015 | — | — | 3.80 | |
| Dividend | 17 Nov 2014 | 18 Nov 2014 | — | 3.20 | |
| Bonus | 04 Jul 2014 | — | 1:1 | — | |
| Dividend | 04 Jul 2014 | — | — | 7.00 | |
| Dividend | 13 Nov 2013 | 15 Nov 2013 | — | 5.00 | |
| Dividend | 30 Jul 2013 | — | — | 2.00 | |
| Dividend | 07 Feb 2013 | 08 Feb 2013 | — | 5.50 | |
| Dividend | 28 Jun 2012 | — | — | 11.00 | |
| Dividend | 02 Jun 2011 | — | — | 10.00 | |
| Dividend | 04 Jun 2010 | — | — | 6.50 | |
| Other | 15 Mar 2010 | 17 Mar 2010 | — | — | Consolidation of Shares |
| Dividend | 29 Jun 2009 | — | — | 0.60 | |
| Dividend | 06 Aug 2008 | — | — | 0.35 | |
| Other | 21 May 2008 | 28 May 2008 | — | — | Scheme of Arrangement |
| Dividend | 06 Sep 2007 | — | — | 0.50 | |
| Other | 22 Jan 2007 | 31 Jan 2007 | — | — | Right Issue of Non Convertible Debentures |
| Bonus | 09 Dec 2003 | 17 Dec 2003 | 1:1 | — | |
| Dividend | 14 Aug 2001 | — | — | 3.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update16 Jul from icra
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Rating update17 Jul 2025 from icra
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Rating update29 Jul 2024 from icra
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Rating update28 Jul 2023 from icra
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Rating update7 Jul 2022 from icra
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Rating update13 Jun 2022 from icra