# L G Balakrishnan & Bros share price today (L G Balakrishnan & Bros Ltd, NSE: LGBBROSLTD)

> L G Balakrishnan & Bros share price today: ₹1,681.60 at the NSE close on 3 November 2026, up 18.6% in a year. L G Balakrishnan & Bros (NSE: LGBBROSLTD) is worth ₹5,363 crore, trades at a P/E of 16.8 and has closed between ₹1,458.10 and ₹1,992.10 over the past 52 weeks. > L G Balakrishnan & Bros Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. LGBBROSLTD · Auto Ancillaries - 2 Wheelers · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/l-g-balakrishnan-bros-ltd

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## Key numbers

- Business trend: Slowing from a peak, from the last 12 quarters
- Price: ₹1,681.60 (+18.6% in a year)
- P/E: 16.8× (higher than 80% of the last 11 years)
- Revenue (Sep 2026): ₹948 Cr (+20.5% on a year ago)
- Profit (Sep 2026): ₹94.0 Cr (+0.0% on a year ago)
- Operating margin: 15.0% (−2.0 points on a year ago)
- ROCE: 20%, FY26
- ROIC: 12.8%, against a 12.0% cost of capital: +0.8 points

Biggest thing to watch: the P/E is higher than 80% of its own history, so the multiple has already done part of the work. ## What is the L G Balakrishnan & Bros share price today? L G Balakrishnan & Bros Ltd's share price was ₹1,681.60 at the close on 3 November 2026. It has been rising for 6 weeks. That is 2.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,458 and ₹1,992, and at that close it sat 42% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row. Over the last 11 years the share price moved +659% while the NIFTY 500 moved +249%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at L G Balakrishnan & Bros this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), foreign funds (FIIs) cut their stake for 3 quarters in a row and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹948 crore, +20.5% on a year earlier. 2. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 7% to 6.1% of the company by the September 2026 quarter. 3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row From 12.9% to 13.6% of the company by the September 2026 quarter. ## What are L G Balakrishnan & Bros' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), L G Balakrishnan & Bros reported revenue of ₹948 crore, up 20.5% from ₹787 crore a year earlier, and a profit of ₹94.0 crore, up 0.0% from ₹94.0 crore. ### L G Balakrishnan & Bros results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹948 crore | ₹787 crore | +20.5% |
| Profit | ₹94.0 crore | ₹94.0 crore | 0.0% |
| Earnings per share | ₹29.47 | ₹29.35 | +0.4% |
| Operating margin | 15.0% | 17.0% | −2.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the L G Balakrishnan & Bros share price history? L G Balakrishnan & Bros closed at ₹1,681.60 on 3 November 2026, up 18.6% from ₹1,417.90 a year earlier (31 October 2025) and up 202.3% over five years. Its highest weekly close since March 2016 was ₹1,961.50 on 28 November 2025. ### L G Balakrishnan & Bros share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,642.35 | +2.4% |
| 1 month ago · 1 Oct 2026 | ₹1,708.40 | −1.6% |
| 6 months ago · 30 Apr 2026 | ₹1,759.60 | −4.4% |
| 1 year ago · 31 Oct 2025 | ₹1,417.90 | +18.6% |
| 3 years ago · 3 Nov 2023 | ₹1,065.80 | +57.8% |
| 5 years ago · 4 Nov 2021 | ₹556.20 | +202.3% |
| 10 years ago · 4 Nov 2016 | ₹321.38 | +423.2% |
| Earliest weekly close in our records · 4 Mar 2016 | ₹221.45 | +659.4% |
| Highest weekly close since March 2016 · 28 Nov 2025 | ₹1,961.50 | −14.3% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹152.25 | +1,004.5% |
| 52-week high (weekly close) · 17 Feb 2026 | ₹1,992.10 | −15.6% |
| 52-week low (weekly close) · 10 Jun 2026 | ₹1,458.10 | +15.3% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 4 March 2016 to 3 November 2026.)

## What is the latest news on L G Balakrishnan & Bros? 3 Nov 2026: L G Balakrishnan & Bros closed at ₹1,681.60, up 2.4% on the week and down 1.6% on the month. Results for July to September 2026: Revenue up 20.5% and profit up 0.0% on a year earlier. ### Earlier

- 19 Aug 2026: ex-date for a dividend of ₹22 a share. ## What dividend does L G Balakrishnan & Bros pay? L G Balakrishnan & Bros paid ₹22 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.31% at the ₹1,681.60 close on 3 November 2026. The last was a dividend of ₹22 a share, ex-date 19 August 2026. ### L G Balakrishnan & Bros dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 19 Aug 2026 | ₹22 | Dividend |
| 14 Aug 2025 | ₹20 | Dividend |
| 22 Aug 2024 | ₹18 | Dividend |
| 18 Sep 2023 | ₹16 | Dividend |
| 17 Aug 2022 | ₹15 | Dividend |
| 1 Sep 2021 | ₹10 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. L G Balakrishnan & Bros Ltd paid out 22% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is L G Balakrishnan & Bros on? L G Balakrishnan & Bros is on 2 of our India lists: Momentum stocks and Breakout stocks. - [Momentum stocks Market cap cr: 5370.44226631604](https://www.sectoralpha.in/momentum-stocks-india)
- [Breakout stocks Breakout date: 9 October 2026](https://www.sectoralpha.in/breakout-stocks-india)

## Is L G Balakrishnan & Bros profitable? L G Balakrishnan & Bros Ltd earned ₹94.0 Cr of net profit in the Sep 2026 quarter, +0.0% on the same quarter a year earlier. Full-year FY26 profit was ₹319 Cr. Over 10 years profit has grown 17.1% a year on average. That is 9.9% of the quarter's revenue. The same quarter a year earlier earned ₹94.0 Cr. For the full year, FY26 profit was ₹319 Cr (+5.6% on the year before). Why profit moved: revenue changed +20.5% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +0.2% and revenue +21.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does L G Balakrishnan & Bros make, and is it growing? L G Balakrishnan & Bros Ltd reported ₹948 Cr of revenue in the Sep 2026 quarter, +20.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 10.1% a year on average. The last full year, FY26, came in at ₹3,076 Cr. The last four reported quarters add to ₹3,379 Cr. FY26 revenue was ₹3,076 Cr, +19.3% on the year before. Recent pace: the last four quarters grew +21.1% on average, against 10.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +21.1%, against +17.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −0.3%, against +6.0% a year (rolling over). ## How much of every ₹100 of sales does L G Balakrishnan & Bros keep? L G Balakrishnan & Bros Ltd's operating margin was 15.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 12.0% and 19.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.9 percentage points on the year while gross margin changed +0.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is L G Balakrishnan & Bros' profit turning into cash? Over the last 3 years, 108% of L G Balakrishnan & Bros Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹332 Cr of operating cash against ₹319 Cr of profit. After ₹409 Cr of spending on assets, free cash was −₹77.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 108% of profit came in as cash: the cash cycle got 62 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 3.1× depreciation over three years. The next section checks what that spending is building. ## Where does L G Balakrishnan & Bros' cash go? L G Balakrishnan & Bros Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 93 days in FY26, up from 31 days in FY21. It spent ₹894 Cr on assets over the last 3 years. Customers take 48 days to pay, and stock sits for 140 days on average. At FY26 sales of ₹3,076 Cr, each day of that cycle ties up about ₹8.4 Cr, so roughly ₹784 Cr is tied up in the business at any time. FY26: customers took 48 days to pay and stock sat for 140 days, about 4.6 months of sales sitting as stock, for a full cycle of 93 days, longer than FY21's 31. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 140 days. Customers pay about 48 days after that. Suppliers are paid at 95 days. Together that makes the 93-day cycle. Spending on assets: ₹894 Cr over the last 3 years, against ₹285 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹30.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is L G Balakrishnan & Bros' P/E ratio, and how does it compare with its own history? L G Balakrishnan & Bros Ltd's P/E is 16.8×, near the high end of its own history: higher than 80% of past readings. Its usual P/E (the middle reading) is 14.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +5.5% while the price moved +18.6%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +24.8% a year; about +14.1% a year came from earnings growth and about +10.7 percentage points from the multiple (the market paying more); over 10 years the price moved +18.0% a year; about +17.4% a year came from earnings growth and about +0.6 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the L G Balakrishnan & Bros business getting better or worse? L G Balakrishnan & Bros Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +12.7% at its peak to −0.3% now), while ROCE is still 20.6%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does L G Balakrishnan & Bros earn on its capital? L G Balakrishnan & Bros Ltd earned a ROCE of 20% in FY26. That is up from a low of 13% in FY20. Its return on capital used (ROIC) is 0.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.4% net margin and 1.03× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.4% net margin × 1.03× asset turnover × 1.39× leverage (assets divided by equity) ≈ 14.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 12.8% − 12.0% = +0.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 12.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 14.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does L G Balakrishnan & Bros have too much debt? L G Balakrishnan & Bros Ltd has total debt of ₹231 Cr against shareholder equity of ₹2,156 Cr as of Jun 2026, so its debt is 0.11× its equity, which is very little. Year by year, that ratio went from 0.09 in FY22 to 0.11 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the L G Balakrishnan & Bros shareholding pattern? No group of L G Balakrishnan & Bros Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.4 points over the same period, to 6.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.8 points over 8 quarters, to 13.6%; Foreign institutions: −0.4 points over 8 quarters, to 6.0%; Promoters: +0.0 points over 8 quarters, to 34.8%. ## How far is L G Balakrishnan & Bros from balance-sheet trouble? For L G Balakrishnan & Bros Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does L G Balakrishnan & Bros rank in its industry? 49.4 out of 100, rank 3 of 4 in Auto Ancillaries - 2 Wheelers, with 97% of the evidence available. L G Balakrishnan & Bros Ltd scores 49.4 out of 100 against the 4 companies it is compared with in Auto Ancillaries - 2 Wheelers, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 12.2 + 18.6 + 9 + 9.6 = 49.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is L G Balakrishnan & Bros compared with? L G Balakrishnan & Bros ranks 3 of 4 Auto Ancillaries - 2 Wheelers companies on the 4-Factor Sector Score, with 49.4 out of 100. 1. [Pricol Ltd](https://www.sectoralpha.in/stocks/pricol-ltd) PRICOLLTD · losing its lead · Most evidence points up · 93% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.2/35 · Revenue 43.2% · Profit 56.7% · Operating margin change 0 points · 88% evidence Capital efficiency 20.6/25 · ROCE 24.5% · Operating margin 11% · 100% evidence Valuation 16.6/20 · P/E 29.3× · PEG 0.57 · 85% evidence Relative strength 6.3/20 · Lead over its industry -3.5% · Lead over NIFTY 500 7.4% · 1 year 21.7% · 100% evidence · 11 of 12 weeks ahead Exact sum: 29.2 + 20.6 + 16.6 + 6.3 = 72.7 · What this means: Earnings are strong; relative strength in its sector is -3.5% and the one-year return is 21.7%. 2. [ASK Automotive Ltd](https://www.sectoralpha.in/stocks/ask-automotive-ltd) ASKAUTOLTD · leader · Most evidence points up · 78% evidence 66.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 27.9% · Profit 23.4% · Operating margin change -1 points · 88% evidence Capital efficiency 20.9/25 · ROCE 25.4% · Operating margin 12% · 100% evidence Valuation 11.7/20 · P/E 35.3× · PEG 1.53 · 85% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 19.9% · 1 year 17.1% · 25% evidence · 12 of 12 weeks ahead Exact sum: 21.2 + 20.9 + 11.7 + 12.5 = 66.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. L G Balakrishnan & Bros Ltd this page LGBBROSLTD · breaking out · Evidence leans down · 97% evidence 49.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 21.1% · Profit -0.3% · Operating margin change -2 points · 100% evidence Capital efficiency 18.6/25 · ROCE 19.6% · Operating margin 15% · 100% evidence Valuation 9.0/20 · P/E 16.7× · PEG 1.45 · 85% evidence Relative strength 9.6/20 · Lead over its industry -9.2% · Lead over NIFTY 500 2.3% · 1 year 18% · 100% evidence · 10 of 12 weeks ahead Exact sum: 12.2 + 18.6 + 9 + 9.6 = 49.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Belrise Industries Ltd](https://www.sectoralpha.in/stocks/belrise-industries-ltd) BELRISE · losing its lead · Evidence leans down · 86% evidence 47.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.5/35 · Revenue 11.7% · Profit 28% · Operating margin change 0 points · 88% evidence Capital efficiency 14.4/25 · ROCE 14.5% · Operating margin 12% · 100% evidence Valuation 9.4/20 · P/E 39.1× · PEG 1.83 · 50% evidence Relative strength 5.0/20 · Lead over its industry -5.1% · Lead over NIFTY 500 5.3% · 1 year 37.1% · 100% evidence · 5 of 12 weeks ahead Exact sum: 18.5 + 14.4 + 9.4 + 5 = 47.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto Ancillaries - 2 Wheelers](https://www.sectoralpha.in/sectors/auto-ancillaries-2-wheelers), all 4 compared on one page. ## Which companies are close to L G Balakrishnan & Bros in size? L G Balakrishnan & Bros is the 4th largest of 4 Auto Ancillaries - 2 Wheelers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Belrise Industries, ASK Automotive and Pricol. It is the smallest. ### Auto Ancillaries - 2 Wheelers companies close in size

1. [Belrise Industries Ltd](https://www.sectoralpha.in/stocks/belrise-industries-ltd) ₹19,966 crore
2. [ASK Automotive Ltd](https://www.sectoralpha.in/stocks/ask-automotive-ltd) ₹11,164 crore
3. [Pricol Ltd](https://www.sectoralpha.in/stocks/pricol-ltd) ₹7,850 crore
4. L G Balakrishnan & Bros Ltd ₹5,336 crore

[All 4 Auto Ancillaries - 2 Wheelers companies, largest first](https://www.sectoralpha.in/sectors/auto-ancillaries-2-wheelers#all-companies)

### Companies close in size in other industries

1. [V2 Retail Ltd](https://www.sectoralpha.in/stocks/v2-retail-ltd) ₹5,377 crore · Textiles - Readymade Apparel
2. [Balu Forge Industries Ltd](https://www.sectoralpha.in/stocks/balu-forge-industries-ltd) ₹5,371 crore · Castings, Forgings & Fastners
3. L G Balakrishnan & Bros Ltd ₹5,336 crore
4. [Gujarat State Fertilizers & Chemicals Ltd](https://www.sectoralpha.in/stocks/gujarat-state-fertilizers-chemicals-ltd) ₹5,311 crore · Fertilisers
5. [Greenlam Industries Ltd](https://www.sectoralpha.in/stocks/greenlam-industries-ltd) ₹5,283 crore · Plywood Boards/Laminates

## What else do people ask about L G Balakrishnan & Bros? ### What is L G Balakrishnan & Bros's share price today? L G Balakrishnan & Bros Ltd's share price is ₹1,681.60, +18.6% over the past year. The whole company is worth ₹5,363 Cr on the market. In the last 52 weeks it traded between ₹1,458 to ₹1,992; today it is 42% of the way up from the low, 2.4% above its 200-day average (as of 3 November 2026). ### What were L G Balakrishnan & Bros's latest quarterly results? L G Balakrishnan & Bros Ltd reported revenue of ₹948 Cr and net profit of ₹94.0 Cr for the Sep 2026 quarter. Revenue rose 20.5% and profit rose 0.0% compared with a year earlier. Earnings per share were ₹29.47 (as of 3 November 2026). ### What is L G Balakrishnan & Bros's market cap? L G Balakrishnan & Bros Ltd's market capitalisation is ₹5,363 Cr at a share price of ₹1,681.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is L G Balakrishnan & Bros performing? L G Balakrishnan & Bros Ltd's share price has been rising for 6 weeks. In its latest quarter, revenue rose 20.5% and profit rose 0.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 14 weeks running (as of 3 November 2026). ### Will L G Balakrishnan & Bros's share price go up? This page does not forecast L G Balakrishnan & Bros Ltd's share price. What it shows instead: the share price is ₹1,681.60, and it has been rising for 6 weeks. Its P/E of 16.8× is higher than 80% of its own last 11 years (as of 3 November 2026). ### Who owns L G Balakrishnan & Bros? Promoters own 34.8% of L G Balakrishnan & Bros Ltd, foreign institutions 6.0%, domestic institutions 13.6% and the public 45.5% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does L G Balakrishnan & Bros have too much debt? No, L G Balakrishnan & Bros Ltd has little debt: its debt is 0.11× its equity, and its operating profit is 30 times its interest bill. FY26 borrowings were ₹231 Cr against equity of ₹2,154 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is L G Balakrishnan & Bros in its business cycle? L G Balakrishnan & Bros Ltd's FY26 operating margin was 16.0%, against a 13-year range of 12.0% to 19.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 15.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the L G Balakrishnan & Bros story? Biggest thing to watch: the P/E is higher than 80% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is L G Balakrishnan & Bros a stock worth studying right now? What the numbers show: L G Balakrishnan & Bros Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Breakout stocks: https://www.sectoralpha.in/breakout-stocks-india

This is research, not advice. We’re not SEBI-registered.