Integrated Filing — IndAS



General information about company

Scrip Code 500250
NSE Symbol LGBBROSLTD
MSEI Symbol NOTLISTED
ISIN INE337A01034
Name of company LG BALAKRISHNAN & BROS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 02-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-03-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 02-05-2026   15:00:00
End date and time of board meeting 02-05-2026   18:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 81,499.90 3,07,562.62
Other income 2,251.10 6,841.15
Total income 83,751.00 3,14,403.77
2 Expenses
(a) Cost of materials consumed 36,278.93 1,40,102.45
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (269.65) (5,924.56)
(d) Employee benefit expense 14,000.36 52,229.75
(e) Finance costs 421.67 1,514.21
(f) Depreciation, depletion and amortisation expense 3,151.72 11,527.07
(f) Other Expenses
1 Other Expenses 19,939.01 72,775.27
Total other expenses 19,939.01 72,775.27
Total expenses 73,522.04 2,72,224.19
3 Total profit before exceptional items and tax 10,228.96 42,179.58
4 Exceptional items 103.71 260.24
5 Total profit before tax 10,332.67 42,439.82
6 Tax expense
7 Current tax 3,090.67 11,164.21
8 Deferred tax 275.23 (598.68)
9 Total tax expenses 3,365.90 10,565.53
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,966.77 31,874.29
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 6,966.77 31,874.29
17 Other comprehensive income net of taxes (612.76) (575.69)
18 Total Comprehensive Income for the period 6,354.01 31,298.60
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 6,292.75 31,875.49
Total profit or loss, attributable to non-controlling interests (5.98) (1.20)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 6,359.99 31,299.80
Total comprehensive income for the period attributable to owners of parent non-controlling interests (5.98) (1.20)
21 Details of equity share capital
Paid-up equity share capital 3,189.24 3,189.24
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,87,259.66
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 21.86 99.95
Diluted earnings (loss) per share from continuing operations 21.86 99.95
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 21.86 99.95
Diluted earnings (loss) per share from continuing and discontinued operations 21.86 99.95
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The consolidated / standalone financial results of the Company for the year ended 31st March, 2026 have been reviewed by the Audit Committee at their meeting held on 2nd May, 2026 and have been approved by the Board of Directors at its meeting held on 2nd May, 2026. 2. The above financial results of the Company for the year ended 31st March, 2026 have been audited by the Statutory Auditors. 3. The Consolidated Financial Results includes the financial results of the subsidiaries namely, LGB-USA INC, GFM Acquisition LLC, LGB-Mexico and LGB Steel Private Limited. 4. Effective from 21st November 2025, the Government of India has consolidated multiple existing labour laws into a unified framework comprising four Labour codes collectively referred to as 'New Labour Codes'. Under lndAS 19 and as per the guidance issued by the ICAI, changes to employee benefit plans arising from legislative amendment constitute a plan amendment, requiring recognition of past service cost immediately in the statement of profit and loss. The New Labour Codes has resulted in estimated one time increase in provision for employee benefits of Rs.1,242.62 Lakhs as per actuarial valuation report and considering the materiality and non-recurring nature of this impact, the Company has presented such incremental impact as Statutory impact of new Labour Codes under Exceptional items in the statement of profit and loss for the year ended 31st March, 2026. The Company continues to monitor the finalisation of Central/State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 5.The Board of Directors of the company at its meeting held on 2nd May 2026 have proposed a dividend of Rs. 22/- per equity share of Rs.10/-each. (220% on the face value of Rs.10/- each). As per Ind AS 10, the company has not accounted for proposed dividend as liability. 6. The exceptional item represents the following: . Particulars For the quarter ended For year ended (a) Subsidy received 184.72 1,502.86 (b) Statutory impact of News Labour Codes -81.01 -1,242.62 103.71 260.24 7. Previous period figures have been regrouped / reclassified to make them comparable with those of current period.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,06,785.22
Capital work-in-progress 3,064.87
Investment property 45.35
Goodwill 2,750.30
Other intangible assets 194.54
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 14,018.75
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 40,952.01
Total of other non-current financial assets 40,952.01
Total non-current financial assets 54,970.76
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 3,755.27
Total of other non-current assets 3,755.27
Total non-current assets 1,71,566.31
2 Current assets
Inventories 51,431.85
Current financial asset
Current investments 0.00
Trade receivables, current 40,480.47
Cash and cash equivalents 2,148.02
Bank balance other than cash and cash equivalents 24,289.32
Loans, current 0.00
Other current financial assets
Total of other current financial assets 5,147.72
Total current financial assets 72,065.53
Current tax assets (net) 198.48
Other current assets
1 Other current assets 4,224.54
Total of other current assets 4,224.54
Total current assets 1,27,920.40
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2,99,486.71
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,189.24
Other equity 2,12,181.00
Total equity attributable to owners of parent 2,15,370.24
Non controlling interest 253.45
Total equity 2,15,623.69
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 5,549.48
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease liabilities 4,156.89
Total of other non-current financial liabilities 4,156.89
Total non-current financial liabilities 9,706.37
Provisions, non-current 1,704.53
Deferred tax liabilities (net) 476.91
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 11,887.81
Current liabilities
Current financial liabilities
Borrowings, current 12,928.68
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 4,026.93
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 30,742.44
Total Trade payable 34,769.37
Other current financial liabilities
1 Other current financial liabilities 18,563.89
Total of other current financial liabilities 18,563.89
Total current financial liabilities 66,261.94
Other current liabilities 5,005.87
1 Other current liabilities 5,005.87
Total of other current liabilities 5,005.87
Provisions, current 91.07
Current tax liabilities (Net) 616.33
Deferred government grants, Current
Total current liabilities 71,975.21
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 83,863.02
Total equity and liabilites 2,99,486.71
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Transmission 60,629.17 2,30,975.23
2 Metal Forming 20,870.73 76,587.39
Total Segment Revenue 81,499.90 3,07,562.62
Less: Inter segment revenue
Revenue from operations 81,499.90 3,07,562.62
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Transmission 8,605.79 35,086.61
2 Metal Forming 2,375.39 9,095.48
Total Profit before tax 10,981.18 44,182.09
i. Finance cost 421.67 1,514.21
ii. Other Unallocable Expenditure net off Unallocable income 226.84 228.06
Profit before tax 10,332.67 42,439.82
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Transmission 1,65,004.96 1,65,004.96
2 Metal Forming 59,134.66 59,134.66
Total Segment Asset 2,24,139.62 2,24,139.62
Un-allocable Assets 65,347.09 65,347.09
Net Segment Asset 2,89,486.71 2,89,486.71
4 Segment Liabilities
Segment Liabilities
1 Transmission 40,638.47 40,638.47
2 Metal Forming 23,928.66 23,928.66
Total Segment Liabilities 64,567.13 64,567.13
Un-allocable Liabilities 19,549.34 19,549.34
Net Segment Liabilities 84,116.47 84,116.47
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss (621.68) (680.96)
Total Amount of items that will not be reclassified to profit and loss (621.68) (680.96)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 Amount of items that will be reclassified to profit and loss 8.92 105.27
Total Amount of items that will be reclassified to profit and loss 8.92 105.27
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (612.76) (575.69)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 42,439.82
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,514.21
Adjustments for decrease (increase) in inventories (8,213.43)
Adjustments for decrease (increase) in trade receivables, current (6,023.18)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (106.63)
Adjustments for decrease (increase) in other non-current assets (207.99)
Adjustments for other financial assets, non-current (95.67)
Adjustments for other financial assets, current (1.53)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 6,321.57
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (532.49)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 11,527.07
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 27.40
Adjustments for provisions, non-current 90.05
Adjustments for other financial liabilities, current 2,361.49
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (427.46)
Adjustments for dividend income 55.23
Adjustments for interest income 5,122.34
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (56.17)
Other adjustments for non-cash items 16.32
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,015.99
Net cash flows from (used in) operations 43,455.81
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 10,285.20
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 33,170.61
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 169.20
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities (9.66)
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 145.49
Purchase of property, plant and equipment 37,125.65
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 55.23
Interest received 4,125.07
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 4,939.99
Net cash flows from (used in) investing activities (28,019.41)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 4,441.75
Repayments of borrowings 0.00
Payments of lease liabilities 1,011.90
Dividends paid 6,338.37
Interest paid 1,353.87
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (4,262.39)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 888.81
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 888.81
Cash and cash equivalents cash flow statement at beginning of period 1,259.21
Cash and cash equivalents cash flow statement at end of period 2,148.02





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 SURI & CO Yes 30-04-2027