About L.G. Balakrishnan & Bros Limited

L.G. Balakrishnan & Bros Limited (LGB) is an Indian automotive components manufacturer with a 65-year legacy. The company was founded in 1937 and incorporated on June 5, 1956. It is a leading manufacturer of transmission and fluid power products, including chains, sprockets, tensioners, brake shoes, fine blanking components, and universal joints. The company serves automotive OEMs and industrial segments, with a strong focus on two-wheelers, passenger cars, commercial vehicles, and farm equipment. It has a domestic manufacturing footprint with plants in Coimbatore, Chennai, and other locations.

The company has a global presence, with exports contributing a significant portion of its revenue. It has 4 subsidiaries and 1 joint venture. Key milestones include a demerger of the transmission business in 2017, the successful launch of its electric vehicle (EV) components portfolio, and the expansion of its manufacturing capacity to meet growing domestic and international demand.

L.G. Balakrishnan & Bros Limited’s Business Segments

• Automotive Chains: 55% of revenue.
• Industrial Chains: 15% of revenue.
• Fine Blanking & Other Components: 20% of revenue.
• Domestic vs. International: In FY 2024-25, domestic sales contributed 65.5% of total revenue, while exports accounted for 34.5%.

L.G. Balakrishnan & Bros Limited’s Key Management

• V. Rajvvir – Chairman and Managing Director
• U.M. Balakrishnan – Executive Director
• C. R. Varadaraj – Executive Director
• K. G. Ramachandran – Chief Financial Officer
• G. J. Ramaswamy – Company Secretary

Latest Updates on L.G. Balakrishnan & Bros Limited

• Financial Performance: The company reported a total turnover of Rs. 2,150.84 crore in FY 2024-25, a 7.5% increase year-on-year. The profit after tax was Rs. 158.75 crore, a 12.3% increase from the previous year.
• Product Development: LGB is focusing on expanding its product portfolio for electric vehicles (EVs), including chains, sprockets, and other components for e-mobility applications.
• Export Expansion: The company added new customers in Europe and the Americas, strengthening its position as a global supplier of automotive components.
• Operational Efficiency: LGB implemented a new ERP system to enhance operational efficiency, improve supply chain management, and reduce costs across its manufacturing units.