L.G. Balakrishnan & Bros Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Palanisamy Prabakaran

Chief executive officer

₹27.7m

Total compensation

CEO salary percentage	34.3%
CEO tenure	16yrs
CEO ownership	n/a
Management average tenure	1.3yrs
Board average tenure	16yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Palanisamy Prabakaran's remuneration changed compared to L.G. Balakrishnan & Bros's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹3b
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹28m	₹9m	₹3b
Dec 31 2022	n/a	n/a	₹3b
Sep 30 2022	n/a	n/a	₹3b
Jun 30 2022	n/a	n/a	₹3b
Mar 31 2022	₹25m	₹9m	₹2b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹2b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹18m	₹8m	₹1b
Dec 31 2020	n/a	n/a	₹884m
Sep 30 2020	n/a	n/a	₹626m
Jun 30 2020	n/a	n/a	₹712m
Mar 31 2020	₹13m	₹7m	₹916m
Dec 31 2019	n/a	n/a	₹969m
Jun 30 2019	n/a	n/a	₹912m
Mar 31 2019	₹11m	₹6m	₹996m
Mar 31 2018	₹8m	₹4m	₹861m

Compensation vs Market: Palanisamy's total compensation ($USD332.31K) is about average for companies of similar size in the Indian market ($USD281.09K).

Compensation vs Earnings: Palanisamy's compensation has been consistent with company performance over the past year.

CEO

Palanisamy Prabakaran (64 yo)

16yrs

Tenure

₹27,672,000

Compensation

Mr. Palanisamy Prabakaran, B.E., has been Managing Director at L.G. Balakrishnan & Bros Limited since October 01, 2018. He was Deputy Managing Director at L.G.Balakrishnan & Bros Limited from June 1, 2011...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Balakrishnan Vijayakumar	Executive Chairman	37.5yrs	₹72.87m	16% ₹ 6.4b
Palanisamy Prabakaran	MD & Executive Director	no data	₹27.67m	no data
N. Rengaraj	Chief Financial Officer	14.5yrs	₹5.71m	no data
M. Lakshmi Joshi	Senior GM of Legal	no data	₹4.11m	no data
Rajiv Parthasarathy	Executive Director	1.3yrs	₹5.80m	no data
A. Ramadass	Chief Technical Officer of Manufacturing	no data	₹4.05m	no data

1.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 500250's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Balakrishnan Vijayakumar	Executive Chairman	37.5yrs	₹72.87m	16% ₹ 6.4b
Palanisamy Prabakaran	MD & Executive Director	16yrs	₹27.67m	no data
Rajiv Parthasarathy	Executive Director	2.9yrs	₹5.80m	no data
Palanisamy Shanmugasundaram	Non-Executive Independent Director	23yrs	₹240.00k	no data
Venkatesalu Govindarajulu	Non-Executive Independent Director	25.9yrs	₹240.00k	no data
Sitharaman Sivakumar	Non-Executive Non-Independent Director	27.9yrs	₹120.00k	0.0038% ₹ 1.5m
Ramani Shankar	Non-Executive Independent Director	16yrs	₹120.00k	no data
Rajsri Vijayakumar	Non-Executive Director	17.6yrs	₹90.00k	6.94% ₹ 2.8b
Kanchana Manavalan	Non-Executive Independent Director	5.3yrs	₹240.00k	0.0016% ₹ 661.0k
Rajkumar Gopalasamy	Non-Executive Independent Director	5.1yrs	₹120.00k	no data
Vinay Naidu	Non-Executive Independent Director	2.8yrs	₹90.00k	0.018% ₹ 7.1m

16.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 500250's board of directors are seasoned and experienced ( 16 years average tenure).

L.G. Balakrishnan & Bros Management

Management criteria checks 3/4

Key information

Recent management updates

L.G. Balakrishnan & Bros Limited, Annual General Meeting, Sep 25, 2023

Executive Chairman recently sold ₹6.3m worth of stock

L.G. Balakrishnan & Bros Limited Announces Executive Changes, Effective from January 01, 2023

Insider recently sold ₹2.0m worth of stock

L.G. Balakrishnan & Bros Limited, Annual General Meeting, Aug 25, 2022

Insider recently sold ₹21m worth of stock

Recent updates

Full year 2024 earnings released: EPS: ₹86.44 (vs ₹80.25 in FY 2023)

L.G. Balakrishnan & Bros Limited to Report Q4, 2024 Results on Apr 29, 2024

L.G. Balakrishnan & Bros Limited announced a financing transaction

L.G. Balakrishnan & Bros Limited announced a financing transaction

L.G. Balakrishnan & Bros Limited to Report Q3, 2024 Results on Jan 29, 2024

L.G. Balakrishnan & Bros Limited (NSEI:LGBBROSLTD) agreed to acquire Machining Division at Pondicherry Plant from LGB Forge Limited (NSEI:LGBFORGE) for INR 150 million.

Second quarter 2024 earnings released: EPS: ₹24.05 (vs ₹21.37 in 2Q 2023)

L.G. Balakrishnan & Bros Limited to Report Q2, 2024 Results on Oct 30, 2023

L.G. Balakrishnan & Bros Limited Proposes Declaration of Dividend for the Financial Year Ended 31St March, 2023

Upcoming dividend of ₹16.00 per share at 1.5% yield

L.G. Balakrishnan & Bros Limited, Annual General Meeting, Sep 25, 2023

First quarter 2024 earnings released: EPS: ₹17.66 (vs ₹18.57 in 1Q 2023)

L.G. Balakrishnan & Bros Limited to Report Q1, 2024 Results on Jul 27, 2023

Investor sentiment improves as stock rises 16%

Executive Chairman recently sold ₹6.3m worth of stock

Full year 2023 earnings released: EPS: ₹80.25 (vs ₹78.20 in FY 2022)

Price target decreased by 11% to ₹848

Third quarter 2023 earnings released: EPS: ₹22.98 (vs ₹22.66 in 3Q 2022)

L.G. Balakrishnan & Bros Limited to Report Nine Months, 2023 Results on Jan 28, 2023

Price target increased to ₹954

Second quarter 2023 earnings released: EPS: ₹21.37 (vs ₹24.82 in 2Q 2022)

L.G. Balakrishnan & Bros Limited Announces Executive Changes, Effective from January 01, 2023

L.G. Balakrishnan & Bros Limited to Report Q2, 2023 Results on Oct 31, 2022

Insider recently sold ₹2.0m worth of stock

Upcoming dividend of ₹15.00 per share

First quarter 2023 earnings released: EPS: ₹18.57 (vs ₹10.50 in 1Q 2022)

L.G. Balakrishnan & Bros Limited Declares Dividend for the Financial Year Ended March 31, 2022

L.G. Balakrishnan & Bros Limited, Annual General Meeting, Aug 25, 2022

L.G. Balakrishnan & Bros Limited to Report Q1, 2023 Results on Jul 30, 2022

Price target decreased to ₹794

Now 23% undervalued after recent price drop

L.G. Balakrishnan & Bros Limited Recommends Final Dividend for the Financial Year Ended March 31, 2021

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to ₹900

L.G. Balakrishnan & Bros Limited to Report Q4, 2022 Results on Apr 30, 2022

L.G. Balakrishnan & Bros Limited to Report Q4, 2022 Results on Apr 30, 2022

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹24.82 (vs ₹8.86 in 2Q 2021)

Upcoming dividend of ₹10.00 per share

Insider recently sold ₹21m worth of stock

First quarter 2022 earnings released: EPS ₹10.50 (vs ₹1.93 loss in 1Q 2021)

Insider recently sold ₹152m worth of stock

Non-Executive Director Vijayakumar Rajvirdhan has left the company

Full year 2021 earnings released: EPS ₹42.51 (vs ₹29.19 in FY 2020)

Investor sentiment improved over the past week

New 90-day high: ₹342

Investor sentiment improved over the past week

New 90-day high: ₹312

Third quarter 2021 earnings released: EPS ₹17.11 (vs ₹8.87 in 3Q 2020)

L.G. Balakrishnan & Bros Limited to Report Q3, 2021 Results on Jan 28, 2021

New 90-day high: ₹292

Non-Executive Director recently sold ₹26m worth of stock

Insider recently sold ₹2.5m worth of stock

First half earnings released

Non-Executive Director recently sold ₹13m worth of stock

Non-Executive Director recently sold ₹8.0m worth of stock

Price target lowered to ₹280

L.G. Balakrishnan & Bros Limited to Report Q1, 2021 Results on Jul 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure