L.G. Balakrishnan & Bros LimitedQ1 FY27 Results & Financial Update
L.G. Balakrishnan & Bros Limited: Q1 FY27 consolidated results and company financials – revenue ₹798.76 Cr, PAT ₹67.01 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
L.G. Balakrishnan & Bros price & chart
Quarter overview
Quarterly earnings analysis
L.G. Balakrishnan & Bros Limited reported a consolidated revenue from operations of INR 798.76 crore for the quarter ended June 30, 2026, accompanied by total income of INR 815.39 crore.
The company recorded profit before tax (PBT) of INR 88.80 crore and net profit after tax (PAT) of INR 67.01 crore for the first quarter of fiscal year 2027.
Basic and diluted earnings per share (EPS) for the quarter stood at INR 21.01 (not annualised), reflecting the bottom-line performance across the consolidated entity.
Cost of materials consumed formed the largest expense category at INR 365.47 crore, while employee benefit expenses stood at INR 135.75 crore and other expenses accounted for INR 194.91 crore.
Depreciation and amortisation expenses for the quarter were reported at INR 33.06 crore, and finance costs were contained at INR 5.25 crore.
The Transmission segment remained the dominant revenue generator, contributing INR 581.54 crore in segment revenue, while the Metal Forming segment added INR 217.23 crore.
During the quarter, the Board approved significant strategic expansions, including a joint venture agreement with Singapore's Singatac Engineering Pte Ltd to form SLGB Energy Solutions Private Limited for subsea component manufacturing, and a Memorandum of Agreement with Brigade Enterprises Limited for a real estate joint development project in Mysore.
01 · Business model
What does L.G. Balakrishnan & Bros do?
L.G. Balakrishnan & Bros Limited operates primarily in the automotive component and transmission industry, manufacturing roller chains, sprockets, timing chains, and metal formed parts for automotive and industrial applications.
The company's operational footprint spans two core business segments: the Transmission segment, which includes automotive chain systems and related drive components, and the Metal Forming segment, which produces stamped and formed metal components.
LGB serves major global automotive original equipment manufacturers (OEMs) and industrial clients, utilizing a robust manufacturing and distribution network anchored in Coimbatore, Tamil Nadu.
The group structure incorporates domestic and international subsidiaries including LGB Steel Private Limited, LGB-USA Inc., GFM Acquisition LLC, GFM LLC, and LGB Mexico, expanding its geographic and industrial reach across North America and Latin America.
02 · Historical context
What shaped the business before this quarter
LGB reported a standalone turnover of INR 2,77,348.40 lakhs (INR 2,773.48 crore) for the financial year ended March 31, 2026.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹798.76 Cr |
| Total income | ₹815.39 Cr |
| Profit before tax | ₹88.80 Cr |
| Profit after tax | ₹67.01 Cr |
| EPS | ₹21.01 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
The Transmission segment delivered INR 581.54 crore in revenue for Q1 FY27, representing the primary revenue engine for the group.
The Metal Forming segment generated INR 217.23 crore in revenue during the quarter, supporting the top-line performance.
Other income contributed INR 16.63 crore to the consolidated total income of INR 815.39 crore.
What drove margins
Cost of materials consumed (INR 365.47 crore) and employee benefits (INR 135.75 crore) represented the primary operational cost components influencing margins.
Other expenses of INR 194.91 crore and depreciation charges of INR 33.06 crore impacted operating profitability across consolidated operations.
The Transmission segment generated segment results (profit before tax and interest) of INR 73.28 crore, whereas the Metal Forming segment contributed INR 20.64 crore.
05 · Demand, customers & order book
Where demand is coming from
The company supplies precision components to global automotive OEMs and industrial customers through its established manufacturing units.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Transmission segment revenue reached INR 581.54 crore with segment results of INR 73.28 crore and total segment assets of INR 1,697.50 crore.
Metal Forming segment revenue stood at INR 217.23 crore with segment results of INR 20.64 crore and total assets of INR 753.24 crore.
Geography and market mix
Consolidated results incorporate performance metrics from international subsidiaries across the United States and Mexico.
The Board approved the incorporation of a wholly-owned subsidiary in Vietnam, tentatively named LGB Private Limited - Vietnam, to engage in the manufacturing and assembly of auto components.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Operations are supported by extensive manufacturing assets across domestic plants in Tamil Nadu and subsidiary facilities abroad.
Projects, capex and execution
Entered into a Memorandum of Agreement with Brigade Enterprises Limited under a revenue-sharing model to develop non-substantial land in Mysore, Karnataka into a residential apartment project with an estimated total project cost of INR 120 crore.
08 · Strategy & new businesses
How the company is trying to change its growth mix
Approved a joint venture agreement with Singatac Engineering Pte Ltd, Singapore, to form SLGB Energy Solutions Private Limited (51% held by LGB) for precision manufacturing and testing of subsea components for global OEMs and EPC contractors.
Approved the establishment of a wholly-owned subsidiary in Vietnam with an aggregate investment not exceeding INR 10 crore for auto component manufacturing.
09 · Items worth noticing
The line items that can distort a quick read
The company recorded an exceptional item representing subsidy received of INR 4.40 crore during the quarter.
10 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Consolidated finance costs for the quarter were reported at INR 5.25 crore.
11 · Beyond the numbers
What changed beyond the numbers
Subsidiary Name Change
LGB Steel Private Limited was formerly known as RSAL Steel Private Limited.
Exceptional Items
Exceptional items for the quarter included subsidy received amounting to INR 4.40 crore.
12 · Key Q&A
The quarter, answered directly
What does L.G. Balakrishnan & Bros do?
L.G. Balakrishnan & Bros Limited operates primarily in the automotive component and transmission industry, manufacturing roller chains, sprockets, timing chains, and metal formed parts for automotive and industrial applications.
What is the clearest takeaway from Q1 FY27?
L.G. Balakrishnan & Bros Limited reported a consolidated revenue from operations of INR 798.76 crore for the quarter ended June 30, 2026, accompanied by total income of INR 815.39 crore.
What drove revenue or demand?
The Transmission segment delivered INR 581.54 crore in revenue for Q1 FY27, representing the primary revenue engine for the group.
What mattered most for margins or profitability?
Cost of materials consumed (INR 365.47 crore) and employee benefits (INR 135.75 crore) represented the primary operational cost components influencing margins.
What changed operationally beyond the headline numbers?
Operations are supported by extensive manufacturing assets across domestic plants in Tamil Nadu and subsidiary facilities abroad.
What should the next disclosure help confirm?
Track the formal incorporation and operational commencement of SLGB Energy Solutions Private Limited.
13 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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14 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Joint Venture Incorporation: Track the formal incorporation and operational commencement of SLGB Energy Solutions Private Limited.
- 02
Vietnam Subsidiary Progress: Monitor regulatory approvals and setup milestones for the new manufacturing subsidiary in Vietnam.
- 03
Mysore Real Estate Development: Observe execution progress and approvals under the joint development agreement with Brigade Enterprises Limited.
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