LG Balakrishnan & Bros (LGB) is India's leading Manufactures in 2Wchain transmission (Drive chains) and sprockets with a domestic market share of 75% and around 50% in replacement market. Q4FY19 revenue grew by 11%YoY due to 12% growth from the chain transmission segment and 9% from the metal forming.. EBITDA margin declined by 370bps due to Higher RM cost. RM/ Sales for the quarter witnessed upside of 300bps. PAT de-grew by 39%YoY added by higher depreciation cost. LGB to benefit from the new capacity addition and its strong...