Anil Kumar Goel Stock Coming Huge With Rs 20 Dividend: Are You Holding Before The Record Date?

Automotive timing and drive chains, sprockets, auto tensioners, guides, fine blanked components, precision machined parts, belts, and rubber goods are among the transmission products that LG Balakrishnan & Bros Ltd is a prominent manufacturer of. LGB has 19 modern production facilities in India and one in the US to its name. As of the quarter ended June 2025 in LG Balakrishnan & Bros Ltd, ace investor Anil Kumar Goel held 400,009 fully paid-up equity shares, constituting approximately a 1.25 % stake in the company, which is worth of Rs 50.4 crore, based on the current market price.

LG Balakrishnan Dividend

"In recognition of the financial performance during financial year 2024-2025, and a track record of consistent distribution to shareholders, your Directors are pleased to recommend a dividend of Rs 20/- per equity share on face value of Rs 10/- each i.e., 200% on the 3,18,92,416 equity shares for the financial year ended March 31, 2025. The dividend, if approved by the shareholders at the ensuing Annual General Meeting of the Company, shall be payable to those Shareholders whose names appear in the register of Members as on the Record Date i.e. August 14, 2025," said LG Balakrishnan in its annual report of FY25.

"The Register of Members and Share Transfer Books of the Company will remain closed from Friday, August 15, 2025, to Thursday, August 21, 2025 (both days inclusive) for the purpose of determining the eligibility of the Members to receive the dividend for the financial year ended March 31, 2025, if declared at the AGM. Dividend as recommended by the Board of Directors, if declared at the ensuing Annual General Meeting will be paid on or before September 15, 2025 from the date of declaration, to those Members whose names appear on the Register of Members in respect of shares held in physical form as well as in respect of shares held in electronic form as per the details received from the depositories for this purpose as at the close of the business hours on Thursday, August 14, 2025 (record date)," LG Balakrishnan further stated.

LG Balakrishnan Q1FY26 Financials

The company's net sales for the June 2025 quarter were Rs 657.05 crore, rising 15.01% from the June 2024 quarter's net sales of Rs 571.29 crore. In Q1FY26, its net profit was Rs. 66.97 crore, growing 2.67% from Q1FY25's Rs. 65.23 crore. EBITDA increased 8.68% from Rs. 103.29 crore in the year-ago quarter to Rs. 112.26 crore in the quarter under review as per Moneycontrol.

LG Balakrishnan Target Price

"LG Balakrishnan is consolidating near its recent highs, with support at ₹1,215 and resistance at ₹1,265. A close above ₹1,265 could open the path toward ₹1,300. The overall structure remains bullish, with the stock trading above key moving averages. Momentum indicators suggest continued buying interest, and any dip toward ₹1,220-₹1,225 could offer a low-risk entry opportunity, keeping a stop-loss below ₹1,210," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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