LGBBROSLTD

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₹1050.85

0.00 (0.00%)

Market Cap	3,297 Cr		EPS	79.3		High	1066.5
Stock P/E	13.2		Net Profit Margin	10.3		Low	1031

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Performance

Today’s Low

Today’s High

1031

1066.5

52W Low

52W High

606.85

1219

Open Price	1051.1	Volume	2
Prev. Close	1051.1

Fundamentals

Market Cap	3,297 Cr	ROE	16.8%
P/E Ratio(TTM)	13.2	EPS(TTM)	0.0
P/B Ratio	2.3	Dividend Yield	1.5%
Industry P/E	53.4	Book Value	452.6
		Face Value	10.0

About the Company

L G Balakrishnan & Bros. (LGB), one of the leading companies in South India, was established way back in 1937. Started as a transport operator, the company entered into manufacturing in 1966 when timing chain manufacturing operations were taken up. Since then the company has come a long way, keeping in pace with the technological advancements and has grown into India's leading roller chain manufacturer. The company today stands proud as the premier manufacturer of both automotive and industrial chains under the popular brand name ‘ROLON’. LGB is now surging ahead to become a metal forming company concentrating on hot, warm & cold forging, blanking, fine blanking & precision machined parts.

Milestones

1937: Fleet operator bus body building
1960: chain manufacturing plant
1970: Steel strips and wire rods
1980: Fine product division
1981: Tyre retreading
1982: Commercial tooling division
1985: Instrumentation division
1990: Manufacturer of cols Forge rollers
1993: Rubber belt division
1994: Aluminum bus bodies division
1995: Textile division
2000: Cold forging division
2003: Hot forging division
2006: LGB Bosh plant for CRDI components

Major Products:

Transmission Products: Chains, Sprockets, Tensioners, Belts

Metal Forming: Fine Blanking, Forging, Machined Components, Wire Drawing

Achievements

LGB has become the first Indian Company to supply timing chains to 4-wheeler OEMs in India and is the largest exporter to the US
During the late 1980s, LGB entered into a technical know-how agreement with Daido Kogyo, Japan to become the leading supplier of drive chains and cam chains to all 2-Wheeler OEMs in India.
LGB has become the No. 1 OEM supplier of drive chains with 70% market share, around 50% in the replacement market.
LGB also makes industrial chains. These chains are known for their Quality and used in various applications. LGB is the leading player in the Indian market and exports about $5 Million to US and Europe, annually.
LGB acquired fine blanking technology in mid 80s for manufacturing chain plates. It further extended its fine blanking division as a separate manufacturing during the late 90s, to cater to high OEM demands for Fine Blanked components.
In late 1990, a new chapter began in LGB’s history of engineered manufacturing. It graduated to being a manufacturer of forged parts inculcating the sound technical stability it had in its chains. Today, LGB makes hot, warm & cold forgings for all 2-wheeler OEMs in the country and abroad.
LGB is a leading fine blanking manufacturer having about 15 presses in operation.
LGB’s turnover has crossed the landmark of $100 million in 2005-2006 which is inclusive of exports to the US and Europe.
LGB has been accredited with ISO 9001 by UL, US and further has TS16949 , ISO 14001, API & Export House Certifications.

Certification

Vaiyampalayam Plant - ISO / TS 16949 Fine Products / Ganapathy - ISO / TS 16949
Gudalur Plant - API Two Star Export House
Annur Plant - ISO / TS 16949
Gudalur Plant - ISO 9001: 2000 Vaiyampalayam / Annur - ISO 9001: 2000
Fine Products / Ganapathy - ISO 9001: 2000 Cold Forgings Division - ISO 9001: 2000
Forging Division - ISO 9001: 2000 Forging Division - ISO 9001: 2000