L G Balakrishnan & Bros Profile
Key Indicators
- Authorised Capital ₹ 47.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 31.89 Cr
as on 16-11-2024
- Company Age 68 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 280.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 805.87 Cr
as on 16-11-2024
- Revenue 4.49%
(FY 2023)
- Profit 3.59%
(FY 2023)
- Ebitda -2.47%
(FY 2023)
- Net Worth 20.47%
(FY 2023)
- Total Assets 9.62%
(FY 2023)
About L G Balakrishnan & Bros
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500250 and on the National Stock Exchange(NSE) under LGBBROSLTD.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 47.00 Cr and a paid-up capital of Rs 31.89 Cr.
The company currently has active open charges totaling ₹280.00 Cr. The company has closed loans amounting to ₹805.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at L G Balakrishnan & Bros Limited India are Lakshmi Joshi as COMPANY SECRETARY and Nallamuthu Rengaraj as Cfo. Balakrishnan Vijayakumar, Sitharaman Sivakumar, Rajsri Vijayakumar, and Seven other members serve as directors at the Company.
- CIN/LLPIN
L29191TZ1956PLC000257
- Company No.
000257
- Stock Symbol
BSE : 500250 NSE : LGBBROSLTD
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Mar 1956
- Date of AGM
29 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does L G Balakrishnan & Bros Limited offer?
L G Balakrishnan & Bros Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Spare Parts, Nails, Fasteners, Rivets & Shackles, Fasteners, Commercial Vehicles & Three Wheelers, Tank Trucks, Metal and Alloy Wires, Electrical Conductors, Transport Agents & Bulk Carriers, Goods Transport Services.
Who are the key members and board of directors at L G Balakrishnan & Bros?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanisamy Prabakaran  | Managing Director | 30-May-2008 | Current |
| Lakshmi Joshi | Company Secretary | 29-May-2006 | Current |
| Nallamuthu Rengaraj | CFO | 01-Aug-2014 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manavalan Kanchana | Director | 31-Jan-2019 | Current |
| Balakrishnan Vijayakumar | Whole-Time Director | 25-Nov-1986 | Current |
| Sitharaman Sivakumar | Director | 28-Jun-1996 | Current |
| Rajsri Vijayakumar | Director | 30-Oct-2006 | Current |
| Rajkumar Gopalasamy | Director | 29-Apr-2019 | Current |
| Rajiv Parthasarathy | Whole-Time Director | 10-Jun-2021 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of L G Balakrishnan & Bros?
In 2023, L G Balakrishnan & Bros had a promoter holding of 34.21% and a public holding of 65.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Super Transports Private LimitedActive 41 years 2 monthsBalakrishnan Vijayakumar and Rajsri Vijayakumar are mutual person
Netcon Technologies India Private LimitedActive 17 years 10 monthsPalanisamy Prabakaran is a mutual person
Charges (Loans)
₹280.00 Cr
₹805.87 Cr
Charges Breakdown by Lending Institutions
- Others : 70.00 Cr
- Hdfc Bank Limited : 50.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 35.00 Cr
- Idbi Bank Limited : 35.00 Cr
- Yes Bank Limited : 30.00 Cr
- Others : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2024 | Axis Bank Limited | ₹25.00 Cr | Open |
| 17 Nov 2023 | Standard Chartered Bank | ₹15.00 Cr | Open |
| 06 Feb 2015 | The Hongkong And Shanghai Banking Corporation Limited | ₹35.00 Cr | Open |
| 09 May 2012 | Yes Bank Limited | ₹30.00 Cr | Open |
| 04 Jun 2004 | Others | ₹40.00 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of L G Balakrishnan & Bros, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped L G Balakrishnan & Bros's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
