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L G Balakrishnan & Bros Ltd share Price Today

Company details

1,277.00
1,293.00
778.05
1,425.00
6M Return 11.41%
1Y Return 61.65%
Mkt Cap.(Cr) 4,025.08
Volume 2,673
Div Yield 1.40%
OI
-
OI Chg %
-
Volume 2,673

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L G Balakrishnan & Bros Ltd shares SWOT Analysis

Strengths (7)

  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Low Debt

Weakness (4)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (0)

Data not found

Threats (0)

Data not found

Resistance and support

R1 1,308.3
R2 1,332.6
R3 1,355.2
Pivot

1,285.67

S1 1,261.3
S2 1,238.7
S3 1,214.4
EMA SMA
1,280.5
1,263.6
1,235.3
1,162.9
1,287.9
1,253.3
1,247.6
1,169.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
RAJVIRDHAN V Bulk Sell 2021-12-07 496.63 265000 NSE
RAJVIRDHAN V Bulk Sell 2021-12-06 492.97 165000 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2021-06-18 452.5 180482 NSE
Name Category Shares
B VIJAYAKUMAR PROMOTER 11%
V RAJSRI PROMOTER 6.94%
LGB AUTO PRODUCTS PRIVATE LIMITED PROMOTER 5.91%
B VIJAYA KUMAR PROMOTER 5%
LG FARM PRODUCTS PRIVATE LIMITED PROMOTER 2.57%
LG SPORTS PRIVATE LIMITED PROMOTER 1.43%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

L G Balakrishnan & Bros Ltd Stocks COMPARISON

Financials( in Cr) L G Balakrishnan & Bros Ltd Samvardhana Motherson International Ltd Bosch Ltd Uno Minda Ltd Exide Industries Ltd
Price 1,282.20 139.25 30,807.85 870.60 463.45
% Change -0.14 1.38 -0.17 4.90 -0.31
Mcap Cr 4,025.08 94,361.66 90,864.67 49,980.71 39,393.25
Revenue TTM Cr 2,202.98 78,700.70 14,929.30 11,236.49 15,078.16
Net Profit TTM Cr 252.33 1,669.60 1,424.30 700.23 822.77
PE TTM 15.19 57.93 54.00 55.78 45.10
1 Year Return 61.65 70.96 63.40 63.20 121.32
ROCE 25.44 8.59 17.05 18.68 10.55
ROE 20.20 7.76 13.14 18.44 7.58
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,365.33 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94
LG Balakrishnan & Bros Limited - Copy of Newspaper Publication

May 21, 2024 l NSE Announcement

LG Balakrishnan & Bros Limited - Copy of Newspaper Publication

May 18, 2024 l NSE Announcement

Date Action Type Ratio
Sep 18, 2023 Dividend 160
Aug 17, 2022 Dividend 150

L G Balakrishnan & Bros Ltd Information

Stock PE (TTM)
15.19
Promoter Holding
33.74%
Book Value
522.7958
ROCE
25.44%
ROE
20.2%
Description
  • 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. It offers metal forming products consisting of fine blanking for precision sheet metal parts, machined components and wire drawing products for internal use as well as for other chain manufacturing plants, spring steel suppliers and umbrella manufacturers. The Company`s products are marketed under the "Rolon" brand. It has manufacturing units spread across Tamil Nadu, Pondicherry, Maharashtra, Uttarakhand, Karnataka, Haryana and Rajasthan. The Company has installed 22 number of windmills with a total rated capacity of 7.16 MW. The total number of units of energy generated from these windmills was around 96.58 lakhs units which were used for captive consumption. Further, it installed Roof Top Solar system at one of Coimbatore plant with capacity of 1.45 MW and Gudalur plant with capacity of 0.8 MW & Jalna plant with capacity of 0.83 MW and 3 number of ON GRID ground mounted solar power plants for a rated capacity of 100 KW each. Total installed rated capacity of solar system is 3.37 MW. The number of units generated through this solar system was around 42.29 lakhs units which were used for captive consumption. The company made a rights issue in July, 1994 in 1:2 ratio and a bonus issue in the ratio of 1:3 was made in November, 1994. The company received ISO 9001 Certification from Det Norske Veritas Germany, in 1993-94. The company has five chain manufacturing plants, all ISO 9001 certified by Underwriters Laboratories Inc., USA. Three of the manufacturing facilities along with the central functions have been registered to ISO/TS 16949 by UL, USA.utomotive and industrial chains under the popular brand name `ROLON`. The company is the first chain manufacturer in India to be awarded the ISO 9001 Certification. The company installed a 1.125 MW wind energy farm comprising five wind mills in 1994-95 During 1997-98 the company took over the operations of Steel Division of M/s Elgi Automotive Services Ltd based at Karur and Wire flattening division of M/s L.G.B. Auto Products located at Karur. Effective from 1st April 1997, M/s LGB Industries was amalgamated with the company Apten forgings pvt ltd, a Bangalore bsed company became subsidiary with effect from 03.07.2003. During 2004-2005, by virtue of scheme of amalgamation approved by, the shareholders at the Extraordinary Meeting held on 07-03.-2005 and the High Court of Judicature Madras vide its order no.3406/05 dated 25-04-2005, the companies wholly owned subsidiary company Apten Forgings Ltd merged with the company. The company also acquired the operations of M/s MGM Industries and Swathe Gears and Heat Treaters, Mysore based frims with effect from 01-06-2004. The acquired divisions are engaged in manufacture of hot forging components. The company acquired shares in LGB Textiles and subsequently the company became wholly owned subsidiary of the company. The company has set up a new facility for manufacture of cold forgings at K. Palayam during the period 2004-2005 The company has disposed of , whole or substantially the whole of the undertaking of Textile Division, Motor Sales & Service Divisions, Bus Body Division, Motor Sports Division, Engineering Division, Power Tools Division, Distribution Division of Mico, Blaupunkt, Elf products and Pre-cured Re-treading operation during the year 2004-2005 with the consent of the shareholders obtained in the AGM held on 28-07-2004. During 2005-2006, A Letter of Offer for subscription in equity shares of Rs.10/- each at a premium of Rs.25/- aggregating an amount not exceeding Rs.10 crores is received from LGB Textiles Ltd. The Directors of the company explained the the companies inability to subscribe to the offer at present owing to the proposed expansion programmes ahead. Hence it is proposed to renounce the rights in favour of any willing investors at the best possible premium, if any, for such renuncation. The Company set up a new manufacturing plant in Pantnagar, Uttarakhand State in 2007. During the year 2007, the Company made Preferential Allotment of 55,32,714 Equity Shares of Re.1 /- each to International Finance Corporation, Washington (IFC) a Subsidiary of World Bank. It disposed the investment held in their erstwhile wholly owned subsidiary namely LGB Textiles Limited through Share Purchase Agreement for a consideration of Rs. 19.92 Crores which resulted a profit of Rs.9.20 Crores to the Company. During the year 2008, the Forging Divisions of the Company was demerged into separate Company namely, LGB Forge Limited w.e.f. April 01, 2008, the Appointed Date. Hon`ble High Courts of Madras had sanctioned the Scheme vide their Orders dated April 21, 2008. During year 2009, Company incorporated a joint venture Company namely Renold Chain India Private Limited under Shareholders` Agreement entered into with Renold Pic, a United Kingdom-based Company. M/s. BCW V Tech India Private Limited became a wholly owned subsidiary of the Company in which it held 100% of the Equity Shares as on 31st March, 2012. The Company`s Foreign subsidiary LGB USA. INC, USA acquired 100% stake in GFM Corporation USA, which specializes in manufacturing of Precision Metal Stampings. The Hon`ble National Company Law Tribunal, Chennai Bench (NCLT) vide its order dated July 13, 2018 sanctioned the Scheme of Amalgamation of M/s. BCW V Tech India Private Limited with M/s. L.G. Balakrishnnan & Bros Limited (Tranferee Company) with effect from the Appointed date, April 1, 2017. The said order of the Scheme filed with the Registrar of Companies, Coimbatore came into effect on July 27, 2018.

Registered Address

6/16/13 Krishnarayapuram Road, Ganapathy, Coimbatore, Tamil Nadu, 641006

Tel : 91-0422-2532325
Email : secretarial:lgb.co.in, lk.joshi:lgb.co.in, info:lg
Website : http://www.lgb.co.in.
Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500250
NSE Code : LGBBROSLTD
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE337A01034

FAQ’s on L G Balakrishnan & Bros Ltd Shares

You can buy L G Balakrishnan & Bros Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy L G Balakrishnan & Bros Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 09:49 AM the closing price of L G Balakrishnan & Bros Ltd was Rs.1,282.20.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 09:49 AM, the market cap of L G Balakrishnan & Bros Ltd stood at Rs. 4,025.08.

The latest PE ratio of L G Balakrishnan & Bros Ltd as of May 24, 2024 09:49 AM is 15.19

The latest PB ratio of L G Balakrishnan & Bros Ltd as of May 24, 2024 09:49 AM is 0.41

The 52-week high of L G Balakrishnan & Bros Ltd share price is Rs. 1,425.00 while the 52-week low is Rs. 778.05

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