LG Balakrishnan & Bros Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2026, recommended Final Dividend of Rs. 22 per equity share.
LGBBROSLTD · price
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L.G. Balakrishnan & Bros Limited reported FY2026 audited standalone revenue of Rs. 2,77,348 Lakhs (up 16% YoY from Rs. 2,39,074 Lakhs) and consolidated revenue of Rs. 3,07,563 Lakhs (up 19.3% YoY). Standalone PAT grew to Rs. 30,634 Lakhs (from Rs. 29,066 Lakhs) and consolidated PAT to Rs. 31,874 Lakhs (from Rs. 30,209 Lakhs). The board recommended a final dividend of Rs. 22 per equity share (220% on face value of Rs. 10), to be paid by September 18, 2026 to shareholders on record August 19, 2026. Auditors issued an unmodified opinion. An exceptional item of Rs. 260.24 Lakhs was recorded (including Rs. 1,242.62 Lakhs statutory impact from new Labour Codes). Mr. Suresh Sivalingam, VP Strategic Business Development, resigned effective January 31, 2026. The company also reappointed its Cost Auditor and Internal Auditors for FY 2026-27 and recommended continuation of director Sri.S.Sivakumar beyond age 75.
The company delivered mid-teens revenue growth and stable profit growth with a strong dividend payout. Clean audit opinion and manageable debt support financial stability. However, the resignation of a senior management member and the one-time labour code impact are minor concerns.