L G Balakrishnan & Bros Limited logo

L G Balakrishnan & Bros Limited

Manufacturer of automotive and industrial chains, belts, and forgings with global exports and ISO certification.
1956 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanyL G Balakrishnan & Bros Limited

Who are the key members and board of directors at L G Balakrishnan & Bros?

Executive Team (3)

NameDesignationAppointment DateStatus
Palanisamy Prabakaran InManaging Director30-May-2008Current
Lakshmi Joshi InCompany Secretary29-May-2006Current
Nallamuthu Rengaraj InCFO01-Aug-2014Current

Board Members(9)

NameDesignationAppointment DateStatus
Manavalan Kanchana In Director 31-Jan-2019Current
Balakrishnan Vijayakumar In Whole-Time Director 25-Nov-1986Current
Sitharaman Sivakumar In Director 28-Jun-1996Current
Rajsri Vijayakumar In Director 30-Oct-2006Current
Rajkumar Gopalasamy In Director 29-Apr-2019Current
Rajiv Parthasarathy In Whole-Time Director 10-Jun-2021Current

Financial Performance and Corporate Structure Insights of L G Balakrishnan & Bros.

L G Balakrishnan & Bros Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.49% increase. The company also saw a slight improvement in profitability, with a 3.59% increase in profit. The company's net worth Soared by an impressive increase of 20.47%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.49%
Revenue from Operations
3.87%
Total Assets
9.62%
Profit or Loss
3.59%
Net Worth
20.47%
EBITDA
-2.47%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹280.00 Cr

₹805.87 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 09 Aug 2024
₹25.00 CrOpen

Standard Chartered Bank

Creation Date: 17 Nov 2023
₹15.00 CrOpen

The Hongkong And Shanghai Banking Corporation Limited

Creation Date: 06 Feb 2015
₹35.00 CrOpen

How Many Employees Work at L G Balakrishnan & Bros?

L G Balakrishnan & Bros has a workforce of 2954 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on L G Balakrishnan & Bros

Recent activity within the organization

  • Director Appointment

    Dinesh Kumar was appointed as a Director was appointed as a Director on 28 Sep 2024 & has been associated with this company since 2 months 22 days .

    28 Sep 2024

  • Director Appointment

    Sadhana Vidhya Shankar was appointed as a Director was appointed as a Director on 28 Sep 2024 & has been associated with this company since 2 months 22 days .

    28 Sep 2024

  • Annual General Meeting

    L G Balakrishnan & Bros Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100966410 was registered on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 15 Nov 2002 with Charge ID 90007082 was modified on 03 Jun 2024.

    03 Jun 2024

  • Balance Sheet

    L G Balakrishnan & Bros Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

Frequently asked questions

  • L G Balakrishnan & Bros Limited was incorporated on 24 Mar 1956.

  • The authorized share capital of L G Balakrishnan & Bros Limited is ₹ 47.00 Cr and paid-up capital is ₹ 31.89 Cr.

  • Currently 12 directors are associated with L G Balakrishnan & Bros Limited.

    • Balakrishnan Vijayakumar
    • Sitharaman Sivakumar
    • Rajsri Vijayakumar
    • Rajkumar Doraisamy Gopalasamy
    • Palanisamy Prabakaran
    • Rajiv Parthasarathy
    • Manavalan Kanchana
    • Vinay Balaji Naidu
    • Dinesh Kumar
    • Sadhana Vidhya Shankar
    • Lakshmi Kanth Joshi
    • Nallamuthu Rengaraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of L G Balakrishnan & Bros Limited is 6/16/13 Krishnarayapuram Road Ganapathy India, Coimbatore, Tamil Nadu, 641006.

  • The corporate identification number (CIN) of L G Balakrishnan & Bros Limited is L29191TZ1956PLC000257 and the company number is 000257 as per Ministry of Corporate Affairs (MCA).

  • Yes, L G Balakrishnan & Bros Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): LGBBROSLTD.

  • The Official website of L G Balakrishnan & Bros Limited is https://www.lgb.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for L G Balakrishnan & Bros Limited has risen by 4.49%.

  • As Per 2023 financial reports, 2954 employees are currently employed by L G Balakrishnan & Bros Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of L G Balakrishnan & Bros Limited has experienced an upsurge of 20.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for L G Balakrishnan & Bros Limited amount to ₹ 280.00 Cr.

  • The most recent Balance Sheet for L G Balakrishnan & Bros Limited was filed with the ROC on 31 Mar 2024.

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