L G Balakrishnan & Bros Q2 FY27 Share Price & Earnings Call Analysis

₹1,681.60-0.14% today
Market cap
₹5,363 Cr
P/E
16.83
ROE
15.52%
PEG
1.69
Price to sales
1.59
Debt to equity
0.11
52W high / low
₹2,008 / ₹1,458
Sales growth (5Y)
13.84%
EBITDA margin
14.88%
Net profit margin
10.30%
Promoter holding
34.84%
Sales (last year)
₹3,379 Cr

L.G. Balakrishnan & Bros Ltd is a major manufacturer of chains, sprockets and metal formed parts for automotive applications. Its business segments include transmission, metal forming and others.[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹2,874 Cr45.4
240%+Flat₹2,116 Cr55.2
340%+Flat₹370 Cr15.1
420–40%Up 2%+₹25,664 Cr73.6
520–40%Up 0–2%₹21,742 Cr33.9
620–40%Up 0–2%₹11,707 Cr41.0

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Financials of L G Balakrishnan

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

L G Balakrishnan

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +33.74%33.74%33.76%34.80%34.80%34.80%34.80%34.82%34.82%34.83%34.84%34.84%
FIIs +7.81%7.62%7.46%6.45%6.05%5.92%5.96%5.85%6.99%6.61%6.42%6.05%
DIIs +13.90%13.98%14.31%14.43%13.94%13.87%13.74%13.47%12.88%13.35%13.46%13.59%
Public +44.52%44.64%44.46%44.33%45.20%45.40%45.49%45.86%45.30%45.21%45.28%45.51%
No. of Shareholders33,71134,06234,79537,43038,61337,75238,53839,12638,54937,25936,84937,877

Financials of L G Balakrishnan

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +600600607571661677669657787817815799948
Expenses +496494506482551563567560650682699693802
Operating Profit1041071018911011410297137135116106146
OPM %17%18%17%16%17%17%15%15%17%16%14%13%15%
Other Income +1712162117122824159242119
Interest2232223344455
Depreciation18202121222425262830323335
Profit before tax101979387103991029112011010389125
Tax %25%25%27%25%25%24%18%27%22%19%33%25%25%
Net Profit +75736865787584679488706794
EPS in Rs24.0523.1121.6220.7824.3123.6126.3521.0029.3527.7321.8621.0129.47

Financials of L G Balakrishnan

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +1,1511,1751,2581,4181,6881,5431,6092,1022,2032,3462,5783,0763,379
Expenses +1,0091,0371,0951,2221,4791,3551,3551,7131,8221,9512,1622,5922,876
Operating Profit142138162196209187254389381395416484503
OPM %12%12%13%14%12%12%16%19%17%17%16%16%15%
Other Income +94105152221354656787173
Interest18181612131611989111619
Depreciation3946535868798383797892115130
Profit before tax9478103131143115180332340365391424427
Tax %22%17%28%33%32%22%26%26%26%26%23%25%
Net Profit +7466758910091133246252271302319319
EPS in Rs22.6820.2222.6127.4131.7229.1942.5178.2080.2586.4394.7399.95100.07
Dividend Payout %15%15%15%8%16%17%24%19%20%21%21%22%

Financials of L G Balakrishnan

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital16161616313131313131323232
Reserves3494015055706356758481,1011,3341,6101,8732,1222,241
Borrowings +17717813410821813384104104115157231235
Other Liabilities +264266292321338292394476403480528610805
Total Liabilities8068609471,0151,2211,1321,3571,7131,8732,2372,5902,9953,313
Fixed Assets +3163814074245325855525084875738121,0981,171
CWIP371014273796153247223037
Investments18196054552063104134176153140175
Other Assets +4364514665105975187361,0861,2211,4411,6021,7261,930
Total Assets8068609471,0151,2211,1321,3571,7131,8732,2372,5902,9953,313

Financials of L G Balakrishnan

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +119117150128102203226202304343288332
Cash from Investing Activity +-114-87-78-87-180-55-110-182-295-299-311-280
Cash from Financing Activity +-4-33-60-5081-154-60-19-58-4018-43
Net Cash Flow1-211-92-5572-483-49
Free Cash Flow3346335-81133200155228187-1-38
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit97%98%105%87%73%126%107%73%102%112%93%90%

Financials of L G Balakrishnan

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days464751504841565145474848
Inventory Days153155150143145150149168142133140140
Days Payable12212713914712212817310675889295
Cash Conversion Cycle78756246716331113113929693
Working Capital Days283140343145334343353735
ROCE %21%16%18%21%18%13%20%29%24%23%20%20%
68out of 100

Momentum score · price trend

68 out of 100 — Steady

Over the past year its share price has moved roughly in the middle of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+18.8%73%
Last 6 months+0.4%55%
Last 3 months+9.9%82%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For L G Balakrishnan: 0.4 × 73 + 0.4 × 55 + 0.2 × 82 = 68.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

What L G Balakrishnan's management said in earlier quarters

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