LGB’s Q1 operating margin was 1.19 points below the sector median
Other income of Rs 21.03 cr supplemented operating earnings, with the consolidated results filed after market close on 31 July 2026.
Filed 31 Jul 2026, 19:43 IST · after market close · L G Balakrishnan & Bros Ltd (LGBBROSLTD)
Key takeaways
- Consolidated Q1FY27 operating margin of 13.28% was 1.19 percentage points below the 14.47% median for 53 reporting Consumer Discretionary peers.
- Profit before tax included Rs 21.03 cr of other income alongside operating profit of Rs 106.07 cr.
- A 24.53% tax rate left consolidated net profit at Rs 67.01 cr from profit before tax of Rs 88.80 cr.
Price around the results
Other income supplemented the operating result
Operating profit of Rs 106.07 cr was reduced by depreciation of Rs 33.06 cr and interest of Rs 5.25 cr before other income lifted profit before tax to Rs 88.80 cr. The Rs 21.03 cr contribution from other income means reported pre-tax earnings were not generated solely by operations. Net profit was Rs 67.01 cr after tax of Rs 21.78 cr.
Operating margin lagged 53 sector peers
L G Balakrishnan & Bros’ 13.28% operating margin was 1.19 percentage points below the 14.47% median among 53 Consumer Discretionary companies that had reported the quarter. Its position was below the sector midpoint, making margin delivery the clearest relative weakness in the quarter.
Results were filed after market close
The consolidated results were filed at 19:43 IST on 31 July 2026, after market close. The stock’s immediate response is therefore not part of this initial results read.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹799 cr |
| Other income | ₹21 cr |
| Expenses | ₹693 cr |
| Operating profit | ₹106 cr |
| Operating margin (%) | 13.28% |
| Interest | ₹5 cr |
| Depreciation | ₹33 cr |
| Profit before tax | ₹89 cr |
| Tax | ₹22 cr |
| Net profit | ₹67 cr |
| EPS (₹) | ₹21.01 |
Operating margin of 13.28% compares with a Consumer Discretionary sector median of 14.47% across 53 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves from 13.28% toward or away from the 14.47% sector median.
- Whether other income remains close to Rs 21.03 cr in the next quarter.
- Whether the tax rate changes from 24.53% and alters the conversion of Rs 88.80 cr of pre-tax profit into net profit.