Record Date In August, Rally Ahead? Auto Stock With Rs 20 Dividend; Why It Could Hit Rs 1350 Soon?

Under the well-known brand name "ROLON," LG Balakrishnan & Bros Ltd is a leading manufacturer of automotive chains, sprockets, and chain tensioners. With the most market share in both OEM and replacement markets, it is the top OEM provider of two-wheeler drive chains. Additionally, it manufactures precision machined gears and parts as well as fine blanked products of the highest caliber. All 20 of the company's chain production facilities are ISO and IATF certified. Following the announcement of the record date for the company's substantial dividend of Rs 20 per share by the Board of Directors, L.G. Balakrishnan & Bros. is trading in a bullish pattern as the RSI is rising and staying inside a healthy range.

LG Balakrishnan & Bros Dividend

"Pursuant to Regulation 42 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at its meeting held on April 30, 2025, has declared a dividend of ' 20.00 per equity share of ' 10/- each fully paid up (i.e. 200%) for the year ended 31.03.2025. The record date for determining the eligibility of members entitled to receive dividend on equity shares is Thursday, August 14, 2025. The payment of dividend for the year ended 31.03.2025, if approved by the Shareholders at the 691h Annual General Meeting of the Company scheduled to be held on Thursday, August 21, 2025 and the same shall be paid on or before September 15, 2025," said LG Balakrishnan & Bros in a stock exchange filing.

LG Balakrishnan & Bros Q4 Results

On a consolidated basis, L G Balakrishnan & Bros's net profit climbed 23.84% to Rs 84.04 crore in the quarter that ended in March 2025 from Rs 67.86 crore in the quarter that ended in March 2024. Sales for Q4FY25 climbed 10.25% to Rs 669.17 crore, compared to Rs 606.96 crore in Q4FY24.

When compared to Q4FY24, when net sales were Rs 578.91 crore, the company's Q4FY25 net sales of Rs 605.79 crore represented a 4.64% growth on a standalone basis. EBITDA was Rs. 114.07 crore in the quarter under review, increasing 3.65% from Rs. 110.05 crore in the same quarter of the previous fiscal year, while net profit was Rs. 72.57 crore, rising 8.44% from Rs. 66.93 crore.

From Rs 271.34 crore in March 2024 to Rs 302.11 crore in March 2025, the net profit for the entire financial year increased by 11.34%. Sales rose 9.90% to Rs 2578.29 crore in FY25 from Rs 2346.05 crore in FY24.

LG Balakrishnan Share Price Target

"L.G. Balakrishnan & Bros is trading in a bullish pattern, with strong support from moving averages and sustained buying activity. The RSI is trending upwards and remains in a healthy range, reflecting ongoing strength. Immediate support is seen around ₹1220, while resistance lies near ₹1300. A breakout above ₹1300 could trigger a fresh leg of rally toward ₹1350. The overall technical structure favors continuation of the uptrend, and any pullback toward ₹1225-₹1240 can be considered a buying opportunity. The stock remains attractive for both positional traders and medium-term investors," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.