LG Balakrishnan & Bros

What LG Balakrishnan & Bros does

L.G. Balakrishnan & Bros Ltd (NSE: LGB) is an India-based, publicly listed manufacturer of automotive and industrial chains, sprockets, chain tensioners, fine-blanked components, precision-machined parts, and rubber products, headquartered in Coimbatore with 27 manufacturing plants (26 in India and one in the USA via its GFM Corp subsidiary). Founded in 1937 as a transport operator, the company has operated in power-transmission components for over 88 years and reports itself as the No. 1 OEM supplier of 2-wheeler drive chains in India (70% market share in that segment) and the largest timing-chain exporter from India to the United States. Its flagship consumer brand is ROLON, which it uses across OEM and after-market channels.

The company runs a vertically integrated manufacturing model spanning in-house R&D (Government of India approved), machine building, tool room, heat treatment (including chromizing for chain pins), fine blanking (with surface finish up to 0.8 microns), CNC precision machining (10 micrometre tolerances), and rubber compression moulding. Proprietary technology differentiators include silent chain link designs with RTC/RTV pin treatments, CSB chain bushings, and Gripflow precision stamping (at GFM Corp, USA). Multiple plants are IATF 16949:2016, ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified, and the company holds Star Export House status from DGFT.

LGB generates revenue through four primary streams: OEM supply of timing and drive chains to Indian and global 2-wheeler and 4-wheeler manufacturers; a replacement/after-market channel under the ROLON brand sold via distributors and owned e-commerce storefronts (rolonpremium.co.in, getrolon.in); industrial chain supply for agriculture, textile, material handling and general engineering; and direct exports to OEMs in the USA, Japan, Thailand, Indonesia, and Europe. Pricing is contract-based with OEMs and through after-market distributor/e-commerce channels; the company reports FY26 consolidated sales of Rs 3,075.63 crore with net profit of Rs 318.75 crore (up 5.51% YoY) and a turnover it states exceeds US$200 million. Named OEM customers include Hero MotoCorp, Bajaj, TVS, Honda Motorcycle & Scooter India, Royal Enfield, Yamaha, Suzuki, Kawasaki, BMW Motorrad, Triumph, Norton, Piaggio, Polaris, Ashok Leyland, Daimler, Bosch, Cummins, Schaeffler, Renold, and iwis.

Name

LG Balakrishnan & Bros

Legal name

L.G. Balakrishnan Bros. Limited

Website

https://lgb.co.in

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

LG Balakrishnan & Bros (NSE: LGB) is a Coimbatore-headquartered, publicly listed Indian manufacturer of automotive and industrial chains, sprockets, and power-transmission components under the ROLON brand, supplying 2-wheeler and 4-wheeler OEMs globally with 70% share of India's 2-wheeler drive-chain OEM market.

Ownership category

akta.pro rank

Product category

Automotive Power Transmission Components

NAICS

Motor Vehicle Transmission and Power Train Parts Manufacturing (33635), Mechanical Power Transmission Equipment Manufacturing (333613)

SIC

Wholesale-Motor Vehicle Supplies & New Parts (5013)

akta.pro primary industry

Transmission & Transaxle Manufacturing (Manual/Automatic/DCT/CVT) (IMACAHAE)

akta.pro secondary industries

Engine Components & Subsystems Manufacturing (Blocks/Heads/Valvetrain/Pistons) (IMACAHAB), Aftermarket Drivetrain & Powertrain Components Manufacturing (Clutches/CV Axles/Alternators/Starters) (IMACANAD)

Keywords

• Automotive chain manufacturing
• Power transmission components
• Timing chain OEM supply
• Industrial roller chains
• Fine blanked precision parts

Headquarters

HQ city

Coimbatore

HQ country

India

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. OEM Automotive Chain Supply: Supply of automotive timing chains, drive chains, sprockets, chain tensioners, and guides to 2-wheeler and 4-wheeler OEMs in India and globally. Revenue generated through direct B2B sales contracts with automotive manufacturers.
2. Replacement/After-Market: Sale of Rolon branded chains, belts, and parts through after-market channels including e-commerce platforms (getrolon.in, rolonpremium.co.in) serving retail customers and mechanics.
3. Industrial Chain Supply: Supply of industrial chains including roller chains, attachment chains, leaf chains, agricultural chains for various industries including agriculture, textile, material handling, and general engineering.
4. Export Revenue: Export of timing chain drive kits and sealed drive chains to OEMs in USA, Japan, Thailand, Indonesia, Europe and other markets. Largest timing chain exporter from India to the U.S.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

LGB manufactures and supplies automotive and industrial power transmission components — primarily timing chains, drive chains, sprockets, chain tensioners and guides — to 2-wheeler and 4-wheeler OEMs, and sells Rolon-branded replacement products through after-market channels. The company also produces fine-blanked precision components, CNC precision-machined parts, automotive belts, scooter CVT components, and rubber products, all backed by in-house R&D, machine building, tool room, and heat treatment capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• ROLON: Flagship brand for industrial chains, automotive chains, sprockets and related products
• Rolon Premium

Products and services

• Automotive Chains (ROLON Brand)

Quantifiable outcome

• 70% market share in 2-wheeler OEM drive chain segment
• +4 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered moderate and flagship.

• Union of Japanese Scientists and Engineers (JUSE)moderateStrategic or Co-development Partner · 20 April 2026LGB participated in IFQM-led CXO study mission to Japan hosted by JUSE from April 20-24, 2026. The mission benchmarked Japan's Total Quality Management, Toyota Production System, TPM, and Kaizen practices with gemba access to manufacturing facilities. Delegation included senior leaders to accelerate India's transition from cost-competitive manufacturing to global quality benchmark.
• RolonflagshipOthersRolon is the company's own flagship brand name for automotive chains, sprockets, tensioners, and related products. Sold under Rolon brand in both OEM and after-market channels globally.

Scale indicators11 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• Renold: UK-headquartered manufacturer of industrial chains, power transmission products and chain-related drive solutions. Direct competitor in industrial chains and a documented customer of LGB for sprockets, evidencing adjacent competitive and supply relationships in the global chain industry.
• Diamond Chain Company: U.S.-based manufacturer of roller chains, leaf chains and conveyor chains for industrial and automotive applications. Direct peer in industrial roller chains serving overlapping agricultural, material handling and OEM customers in the Americas.
• Tsubaki (Tsubakimoto Chain Co.): Japan-based global leader in power transmission and chain products, including automotive drive chains, timing chains and industrial roller chains. Most directly comparable global peer to LGB's chain manufacturing business, competing head-to-head for OEM qualifications worldwide including in India.
• iwis: German precision chain systems manufacturer serving automotive timing chain, drive chain and industrial applications. Directly comparable to LGB in precision chain technology and a documented LGB customer, indicating overlapping technical and commercial relationships in the chain industry.
• Regina Chain: Italian manufacturer of industrial roller chains, leaf chains and specialty chains for industrial and motorcycle applications. Comparable European peer competing in similar industrial chain end markets to LGB's Rolon industrial chain division.
• Pewag: Austrian manufacturer of chains and traction products including industrial roller chains and special application chains. Comparable European peer in industrial chain manufacturing with overlapping customer segments in material handling and industrial drive applications.
• Daido Kogyo (D.I.D Chains): Japanese manufacturer best known for D.I.D motorcycle chains and industrial chains. Directly comparable to LGB in 2-wheeler drive chains and racing chain applications, supplying global premium motorcycle OEMs that overlap with LGB's Triumph/BMW/Norton customer base.

Regional players

• Endurance Technologies: Indian automotive component manufacturer specializing in transmission systems, engine components and chassis parts for 2-wheeler and 4-wheeler OEMs. Regional Indian peer for comparable scale, OEM customer base (Hero, Bajaj, Honda, TVS) and listed-company benchmarking.

Broad incumbents

• Schaeffler: German global automotive and industrial supplier with broad power transmission portfolio including timing chain systems, tensioners and chain drive components for ICE and hybrid powertrains. Larger, broader incumbent whose automotive timing chain and tensioner business directly overlaps with LGB's powertrain component offering.
• SKF: Swedish global leader in bearings, seals and power transmission products including chain drives and related industrial components. Broader incumbent in mechanical power transmission with overlapping industrial chain and drive system offerings versus LGB's industrial chain business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lgb

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LG Balakrishnan & Bros