L.G. Balakrishnan & Bros Limited Share Price and Company Fundamentals
Last traded: Today at 9:19 AM
L.G. Balakrishnan & Bros Limited manufactures and sells chains, sprockets, and metal formed parts for automotive applications in India and internationally. The company operates through Transmission, Metal Forming, and Others segments. It offers transmission products comprising motorcycle and engine drive chains; special application chains for go kart, snow bikes, racing purposes, and other customized applications; sprockets and gears; tensioners; belts; and brake shoes. 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, umbrella manufacturers, etc. It markets its products under the Rolon brand name. The company was founded in 1937 and is based in Coimbatore, India.
Key Metrics
PE ratio
7.47
PB ratio
1.62
Dividend yield
2.33%
Beta
0.45
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Auto Parts / Consumer Cyclical |
|---|---|
| Website | https://www.lgb.co.in |
| Mailing address | 6/16/13, Krishnarayapuram Road Ganapathy Coimbatore 641006 India |
| Phone / Fax | 91 42 2253 2325 / 91 42 2253 2333 |
Dividends
Dividend yield
2.33%
Dividend amount
₹15.00
Payout ratio
12.79%
L.G. Balakrishnan & Bros Limited paid ₹15.00 dividend and the ex-dividend date was 01 Sept 2021.The dividend payout ratio is 12.79%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LGBBROSLTD dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
LGBBROSLTD's forward dividend amount is ₹10 and the forward dividend yield is 1.70%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on L.G. Balakrishnan & Bros Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Balakrishnan Vijayakumar | Chairman & MD | 68 | 51.82M |
| Mr. Palanisamy Prabakaran B.E. | MD & Exec. Director | 62 | 17.91M |
| Mr. N. Rengaraj | Chief Financial Officer | 52 | |
| Mr. M. Lakshmi Kanth Joshi | GM of Legal, Company Sec. & Compliance Officer | 53 | |
| Mr. Rajiv Parthasarathy | Whole-Time Director & Sr. VP of Operations | 44 | |
| A. M. Mohammed Yasin | Head Manufacturing & Admin | 45 | |
| Mr. A. James Chandra Mohan | Chief Operating Officer - Forging Divisions | 61 | |
| P. Subbiah | Gen. Mang. | 55 | |
| N. Suresh Kumar | Gen. Mang. | 50 | |
| Mr. J. Prakash | Deputy Gen. Mang. | 50 |
Profitability and management effectiveness
Profit margin
11.68%
Operating margin
14.52%
Return on assets
12.44%
Return on equity
24.38%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of L.G. Balakrishnan & Bros Limited is and its enterprise value is .
The LGBBROSLTD's stocks Beta value is 0.45 making it 55% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
L.G. Balakrishnan & Bros Limited (NSE:LGBBROSLTD) Frequently Asked Questions
1. What is L.G. Balakrishnan & Bros Limited's Stock Symbol?
L.G. Balakrishnan & Bros Limited trades on NSE under the ticker symbol "LGBBROSLTD".
2. What is L.G. Balakrishnan & Bros Limited's stock price today?
One share of LGBBROSLTD stock can currently be purchased for approximately ₹640.85.
3. How can I contact L.G. Balakrishnan & Bros Limited?
L.G. Balakrishnan & Bros Limited's mailing address is 6/16/13, Krishnarayapuram Road Ganapathy Coimbatore 641006 India. The company can be reached via phone at 91 42 2253 2325.
4. What is L.G. Balakrishnan & Bros Limited's official website?
The official website of L.G. Balakrishnan & Bros Limited is https://www.lgb.co.in.