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← CockpitCompetitor Analysis › LGBBROSLTD.NS L.G. Balakrishnan & Bros Ltd.Open in the cockpit ↗

L.G. Balakrishnan & Bros Ltd.LGBBROSLTD.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Electrical Products
Momentum strong 64
Mkt cap
$562M
US dollars, full cap
Free float
61%
of shares outstanding
$/day
$389,485
20-day average traded
Fwd P/E
16.3×
forward earnings
ROIC−WACC
-1.9 pp
WACC 14.3%
Hurdle
n/a
no reverse DCF
Next earnings
87 days
1 Feb 2027
Close · INR₹1,662
1D-1.9%
1W-0.7%
1M-3.1%
3M+9.3%
6M-3.7%
YTD-7.1%
1Y+18.3%
ATR %3.5%
Beta0.85
52w lowhigh18.9% off high

What L.G. Balakrishnan & Bros does

Employees: 14,695

L.G. Balakrishnan & Bros at a glance

Size L.G. Balakrishnan & Bros (LGBBROSLTD.NS) is an India Industrials company (Electrical Products) with a market value of $562M, the 797th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,662 on 6 Nov 2026.

Performance Over six months the shares fell 3.7%, against -29.0% for the median peer and 0.0% for the India market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 21.1% over the last twelve months (peer median +7.1%); the operating margin is 11.0% (peer median 2.1%).

Valuation It trades at 16.3× forward earnings against a peer median of 30.8× (2nd cheapest of 8).

Capital Return on invested capital runs 1.9 points below its cost of capital (14.3% WACC).

Next results Next results expected around 1 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026LGBBROSLTD.NS 99Peer median 69
Six months, rebased to 100: L.G. Balakrishnan & Bros against the median of its 20 peers (local-currency closes).

L.G. Balakrishnan & Bros financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹33.8B₹30.7B₹25.7B₹23.4B₹22.0B
Revenue growth—+19%+10%+7%—
Gross profit₹11.8B₹5.63B₹4.87B₹4.53B₹4.26B
EBITDA₹5.03B₹4.87B₹4.19B₹3.97B₹3.79B
Net income₹3.19B₹3.19B₹3.02B₹2.71B₹2.52B
Free cash flown/a-₹113M₹128M₹2.04B₹1.02B
Capital expendituren/a₹3.71B₹3.00B₹1.62B₹808M
Total debt₹2.85B₹2.31B₹1.57B₹1.15B₹1.04B

Quarterly statements and history in the cockpit →

L.G. Balakrishnan & Bros competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-30%-20%-10%0%301439300491603344CNTL600379300447688448605378300932BLDP603988XPPNRGV301202603191301012NNE300563001266LGBBROSLTD.NS6-month return →1-month return →
Up and to the right = strong over both horizons. L.G. Balakrishnan & Bros is the large dot.

Fundamentals: revenue growth against valuation

-100%-50%0%20×40×60×300491603344CNTL600379688448XPP603191LGBBROSLTD.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. L.G. Balakrishnan & Bros is the large dot.

L.G. Balakrishnan & Bros competitors and peer comparison

How L.G. Balakrishnan & Bros compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

L.G. Balakrishnan & Bros against its 20 peers (data as of 6 Nov 2026)
MeasureLGBBROSLTD.NSPeer medianRank in peer set
1-month return-3.1%-13.2%4th highest of 21
6-month return-3.7%-29.0%2nd highest of 21
Distance from 52-week high-18.9%-50.6%highest of 21
Revenue growth (TTM)+21.1%+7.1%6th highest of 20
Operating margin11.0%2.1%highest of 20
Forward P/E16.3×30.8×2nd cheapest of 8
ROIC minus cost of capital-1.9 pp-6.4 pp5th highest of 20
EV / EBITDA10.5×n/a—
Net debt / EBITDA-0.1×n/a—

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
L.G. Balakrishnan & Bros LGBBROSLTD.NSIndia$562M-4%+21%11%16.3×n/an/a
Weihai Honglin Electronic 301439.SZChina$559M-24%+18%5%n/an/an/a
Shijiazhuang Tonhe Electronics Technologies 300491.SZChina$566M-18%+33%1%30.8×n/an/a
Cinderson Tech (Suzhou) 603344.SSChina$555M-30%+7%6%12.9×7.0%+9.3%
Centiel CNTL.SWSwitzerland$570M+45%-100%n/a55.8×n/an/a
Shaanxi Baoguang Vacuum Electronic Apparatus 600379.SSChina$580M-30%+7%5%43.4×37.9%+7.0%
Nanjing Quanxin Cable Technology 300447.SZChina$581M-35%+8%4%n/a29.2%+3.3%
Nanjing CIGU Technology 688448.SSChina$581M-15%-18%-7%73.7×n/an/a
Zhejiang Mustang Battery 605378.SSChina$544M-32%-11%2%n/an/an/a
Sanyou 300932.SZChina$544M-21%+14%6%n/an/an/a
Ballard Power Systems BLDP.TOCanada$541M-66%+45%-47%n/an/an/a
SEC Electric Machinery 603988.SSChina$585M-33%-15%0%n/an/an/a
XP Power XPP.LUnited Kingdom$589M-17%-1%2%21.2×50.9%-0.3%
Energy Vault NRGVUnited States$589M-28%+337%-33%n/an/an/a
Suzhou Longway Electronic Machinery 301202.SZChina$589M-25%+27%6%n/an/an/a
Chongqing Wangbian Electric (Group) 603191.SSChina$594M-42%+5%-1%22.0×n/an/a
Ceepower 300062.SZChina$532M-27%+19%-7%n/a6.6%+4.1%
Jiangsu Yangdian Science & Technology 301012.SZChina$596M-43%0%5%n/a14.5%+23.9%
Nano Nuclear Energy NNEUnited States$597M-60%n/a-24,545%n/an/an/a
Shenyu Communication Technology 300563.SZChina$529M-40%+2%7%n/a16.2%+6.4%
Shanghai Smart Control 001266.SZChina$528M-16%+25%5%n/a24.4%+6.1%

Questions

Which companies are L.G. Balakrishnan & Bros's closest peers?
The cockpit's peer set: Weihai Honglin Electronic (301439.SZ), Shijiazhuang Tonhe Electronics Technologies (300491.SZ), Cinderson Tech (Suzhou) (603344.SS), Centiel (CNTL.SW), Shaanxi Baoguang Vacuum Electronic Apparatus (600379.SS), Nanjing Quanxin Cable Technology (300447.SZ), Nanjing CIGU Technology (688448.SS), Zhejiang Mustang Battery (605378.SS).
Is L.G. Balakrishnan & Bros expensive compared with its peers?
On forward p/e it trades at 16.3× against a peer median of 30.8×, 2nd cheapest of 8 in its peer set.
How has L.G. Balakrishnan & Bros stock performed?
Over six months to 6 Nov 2026 the shares returned -3.7% against -29.0% for the median peer; over one year +18.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.