LG Balakrishnan Q3FY26: Revenue up 17.8%, profit rises

Q3FY26 result highlights

LG Balakrishnan & Bros reported strong operating momentum in Q3FY26, supported by performance across its transmission and metal forming segments. For the quarter ended December 31, 2025, the company reported standalone revenue growth of 17.8% year-on-year. Net profit for the same quarter increased 15.6% year-on-year. The company’s audited results for the quarter and the nine months ended December 31, 2025 were approved by the Board of Directors on February 7, 2026. The approval was under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financials were also reviewed by the Audit Committee before board approval.

Revenue climbs to ₹734.14 crore in Q3FY26

Standalone revenue in Q3FY26 rose to ₹73,413.57 lakhs, which is ₹734.14 crore after unit conversion. The company attributed the quarter’s improvement to contributions from both major segments. While the source text highlights segment contribution, it does not provide segment-wise revenue or margin splits. The topline jump also aligns with the broader quarterly trend visible in the provided quarterly table, where revenue for Dec 2025 is shown at ₹817 crore. Investors typically track revenue growth alongside operating profit and margins to judge whether higher sales are translating into better profitability.

Net profit rises to ₹84.52 crore in Q3FY26

Net profit for Q3FY26 increased 15.6% to ₹8,451.94 lakhs, equivalent to ₹84.52 crore. The source also lists profit growth of 7.851% on a year-on-year basis, with latest year profit at ₹290.6621 crore compared with ₹269.5033 crore in the previous year. These figures point to consistent profit expansion across different reporting periods cited in the material. The write-up also states that new permits by governments and increasing demand could lead to an increase in profits in the coming year. This is presented as an expectation in the supplied text, without a quantified guidance.

Nine-month FY26 performance stays steady

For the nine months ended December 31, 2025, revenue from operations increased 14.4% to ₹2,04,102.05 lakhs, which converts to ₹2,041.02 crore. Net profit for the same period rose 7.9% to ₹23,530.95 lakhs, or ₹235.31 crore. Total income also rose 14.3% to ₹2,08,515.53 lakhs, or ₹2,085.16 crore. Basic EPS for the nine-month period was ₹73.78, compared with ₹68.38 in 9M FY25, a 7.9% rise. The results were accompanied by an unmodified opinion from statutory auditors for both standalone and consolidated audited financial results.

Operating profit and operating performance cues

The operating profit of LG Balakrishnan & Bros in the latest quarter is stated as ₹128.559 crore in the provided notes. Operating profit is one of the key measures used to assess operating performance and financing decisions, as highlighted in the text. Separately, the quarterly data table included in the material shows operating profit for Dec 2025 at ₹135 crore and an operating margin (OPM) of 16.5%. Since these figures are drawn from different parts of the provided content, readers should reference the specific statement or table they are using when comparing operating performance. What remains consistent is that the company is generating meaningful operating surplus relative to revenue.

Dividend: ₹20 per share, yield near 1.13%

LG Balakrishnan & Bros pays a dividend of ₹20 per share, according to the supplied data. The dividend yield is described as low at 1.1274%. The material also states the company declared a dividend of ₹20.00 on August 14, 2025. Another note adds that the board of directors recommended a dividend of ₹20 per share (200% on face value of ₹10) for the financial year ended March 31, 2025, subject to shareholder approval at the upcoming AGM. Dividend payout percentages shown in the historical table include 21% for recent years in the consolidated Profit and Loss table.

Promoter holding and pledging status

Promoter holding in LG Balakrishnan & Bros is stated as low at 34.83%, with pledging at 0%. For many investors, the absence of promoter pledging is a key governance and balance-sheet comfort indicator. At the same time, the relatively low promoter holding is explicitly flagged in the supplied material. Since the text does not provide changes over time in shareholding, the analysis here is limited to the latest stated holding and pledge status.

Board and regulatory updates investors are tracking

The board approved audited standalone and consolidated results for the nine months ended December 31, 2025 at its February 7, 2026 meeting. The meeting started at 2:30 PM (IST) and concluded at 5:35 PM (IST). Another update in the content notes a board meeting reschedule: a meeting originally referenced in a March 30 update was rescheduled to May 2, 2026 to approve FY2025-26 audited results and consider dividend. These dates matter for investors because audited annual results and dividend decisions often influence near-term market attention.

Key numbers at a glance (converted to ₹ crore)

Market snapshot and commonly cited valuation metrics

The provided “Key Metrics” section lists a P/E ratio of 18.24x and EPS (TTM) of ₹100.32. It also lists dividend yield at 1.09%, VWAP at ₹1,802.44, PB ratio at 3.04x, and market capitalisation at ₹5,835.67 crore. Another market snapshot in the content mentions a current price of ₹1,866, a 52-week high/low of ₹2,097/₹1,080, and a stock P/E of 19.6. Since these data points come from different parts of the material, they should be treated as snapshot figures as presented, not as a single reconciled set.

Why these results matter

The quarter and nine-month numbers together indicate that revenue growth has been running ahead of profit growth in the nine-month period, while quarterly profit growth remains healthy. Dividend continuity at ₹20 per share adds another datapoint for income-focused shareholders, even as the dividend yield is described as low at around 1.13%. The promoter holding figure of 34.83% and zero pledging provide additional context for ownership and risk indicators that investors commonly monitor. The next key near-term event explicitly referenced is the May 2, 2026 board meeting to approve FY2025-26 audited results and consider dividend.