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Dossier · LG BALAKRISHNAN & BROS · 29 October 2026Page 1 of 3
Company Dossier
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LG BALAKRISHNAN & BROS
NSE: LGBBROSLTD · BSE: 500250
Consumer Discretionary › Automobile and Auto Components › Auto Components › Auto Components & Equipments

LG BALAKRISHNAN & BROS

StateQ1 FY27 filed
Last close · 28 Oct 2026₹1,656.60
Market cap₹5.3k cr
TTM P/E · P/B · EV/EBITDA16.6 · 2.45 · 9.7

Manufactures automotive components under two segments. Transmission accounted for 83.3% of segment revenue at Rs 2,309.7523 crore in FY26 and Metal Forming the remaining 16.7% at Rs 463.7318 crore. The Transmission segment generated EBIT of Rs 350.8661 crore while Metal Forming generated Rs 74.1312 crore. Consolidated FY26 revenue was Rs 3,075.6262 crore with net profit of Rs 318.7429 crore. Raw materials are the largest cost at 45.6% of revenue, followed by other operating expenses at 23.7% and employee costs at 17.0%. The 70-year-old company is expanding through a 51:49 JV with Singapore-based Singatac Engineering for subsea components, a wholly owned auto parts subsidiary in Vietnam with up to Rs 10 crore investment, and a Rs 120 crore joint residential development with Brigade Enterprises on its Mysore land. Q1 FY27 standalone revenue rose 19.4% YoY to Rs 707.12 crore. AR · MarketPing reader · 2026-08-02

Revenue streams, as the annual report describes them. Transmission (83%), Metal Forming (17%). Auto components manufacturer across transmission and metal forming segments

What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.

Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)

₹ crore · consolidatedFY22FY23FY24FY25FY26
Revenue2,1022,2032,3462,5783,076
EBITDA (ex other income)411404401438486
margin %19.618.317.117.015.8
Owners' profit245252271302319
EPS, as reported (₹)78.2080.2586.4495.4499.95
ROE % · ROCE %21.7 · 28.518.4 · 24.316.5 · 21.815.8 · 20.114.8 · 19.3
Debt / equity (x)0.080.070.060.070.09
Cash from operations202167343288332
Capex(48)(81)(162)(300)(371)
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · LG BALAKRISHNAN & BROS · 29 October 2026Page 2 of 3

Exhibit 2: Quarterly performance, last 8 quarters

₹ croreQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue661677669657787817815799
Profit before tax103991029112011010389
Net profit7875846794887067
EPS (₹)24.3123.6126.3521.0029.3627.7321.8621.01
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.

Exhibit 3: Segment revenue, FY26

SegmentRevenue, ₹ croreShare %
Transmission1,68854.9
Metal Forming76624.9
Transmisson62220.2
Total, before eliminations3,076100.0
Source: the filed segment block, four quarters summed.

Exhibit 4: Peers — basic industry group, by market cap

CompanyM.cap ₹ crP/EP/BEV/EBITDAROE %ROCE %Rev CAGR 5y %EBITDA m. %
SAMVRDHNA MTHRSN INTL LTD1,69,17638.63.8715.19.48.217.19.0
BOSCH LIMITED1,39,75659.19.4134.318.724.115.617.9
BHARAT FORGE LTD83,937118.98.7830.311.413.221.68.8
UNO MINDA LIMITED63,52052.88.7529.117.715.725.310.4
SCHAEFFLER INDIA LIMITED56,73545.39.23—10.414.1—19.4
SONA BLW PRECISION FRGS L54,70578.58.9247.510.312.9—25.1
TUBE INVEST OF INDIA LTD41,23767.92.9015.97.912.430.310.6
ENDURANCE TECHNO. LTD.32,48433.54.7515.913.915.617.413.2
Source: exchange data and filed statements via the screener; multiples at current prices.

Exhibit 5: Where the company sits in its group

MetricCompanyGroup medianRankBetter than
P/E (TTM)16.625.331 of 11975%
P/B2.53.249 of 11759%
ROCE18.612.632 of 12575%
ROE14.811.740 of 11766%
Debt / Equity0.10.336 of 11770%
EBITDA margin15.912.237 of 11869%
Revenue growth21.620.252 of 11355%
Profit growth0.124.484 of 11527%
Market cap5283146036 of 12672%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · LG BALAKRISHNAN & BROS · 29 October 2026Page 3 of 3

Exhibit 6: Filings of the last 90 days, with the measured price reaction

Date · filingCategoryImportanceNext day %5-day %
22 Oct 2026 · LGB publishes newspaper ad on SEBI special window for physical sharescomplianceminimal——
14 Oct 2026 · Board meeting on Oct 31, 2026 to consider Q2 and H1 FY26 audited resultsresultslow——
13 Oct 2026 · Quarterly demat compliance certificate filedcomplianceminimal——
25 Sept 2026 · Trading window closure from Oct 1, 2026 ahead of Q2/H1 resultscomplianceminimal——
4 Sept 2026 · Newspaper ad for inviting Fixed Deposits from publiccomplianceminimal——
27 Aug 2026 · 70th AGM: All 6 resolutions passed; Rs 22 dividend declaredboard shareholder meetingslow——
26 Aug 2026 · 70th AGM concludes; Rs.22 dividend declared and key resolutions approvedboard shareholder meetingslow——
13 Aug 2026 · Newspaper ad on special window for re-lodging physical share transferscomplianceminimal——
1 Aug 2026 · Audited Q1 FY27 Results Published in Newspaperscomplianceminimal——
31 Jul 2026 · Q1 revenue up 21%, board clears Singapore JV, Vietnam arm and real estate tie-upresultshigh——
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).

How to read this document

Where a broker report showsThis document showsWhy
A rating (BUY / ADD / REDUCE / SELL)A state: the latest filed quarter and the measured reactionsan event is a fact; a rating is an opinion that requires SEBI RA registration
A target price and upsideThe current price and the multiples against the groupa target is a forecast; a multiple is a measurement
Estimate years marked EMore audited years; no estimatesMarketPing publishes no forecasts — your own model lives on the Models page

Sources, method and disclosures

This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.

Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in