Linear Industries Ltd

Linear Industries Ltd

₹ 10.9 4.92%
08 Feb 2017
About

Linear Industries is a supplier of electronic and mechanical Motion Control products to its customers.

  • Market Cap 1.24 Cr.
  • Current Price 10.9
  • High / Low /
  • Stock P/E
  • Book Value 12.1
  • Dividend Yield 0.00 %
  • ROCE 0.00 %
  • ROE -0.71 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.90 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.58% over past five years.
  • Company has a low return on equity of -6.05% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016
0.00 0.00 0.12 0.00 0.00 0.02 0.13 0.03 0.03 0.03 0.02 0.03 0.02
0.02 0.01 0.02 0.03 0.01 0.13 0.02 0.02 0.05 0.02 0.02 0.04 0.04
Operating Profit -0.02 -0.01 0.10 -0.03 -0.01 -0.11 0.11 0.01 -0.02 0.01 0.00 -0.01 -0.02
OPM % 83.33% -550.00% 84.62% 33.33% -66.67% 33.33% 0.00% -33.33% -100.00%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.02 -0.01 0.10 -0.03 -0.01 -0.11 0.11 0.01 -0.02 0.01 0.00 -0.01 -0.02
Tax % 0.00% 0.00% 10.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.02 -0.01 0.09 -0.03 -0.01 -0.11 0.11 0.01 -0.02 0.01 0.00 -0.01 -0.02
EPS in Rs -0.18 -0.09 0.79 -0.26 -0.09 -0.97 0.97 0.09 -0.18 0.09 0.00 -0.09 -0.18
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 TTM
4.07 0.16 0.00 0.00 0.00 0.08 0.09 0.13 0.12 0.15 0.11 0.10
4.96 0.21 0.18 0.15 0.12 0.07 0.08 0.08 0.19 0.33 0.11 0.12
Operating Profit -0.89 -0.05 -0.18 -0.15 -0.12 0.01 0.01 0.05 -0.07 -0.18 0.00 -0.02
OPM % -21.87% -31.25% 12.50% 11.11% 38.46% -58.33% -120.00% 0.00% -20.00%
0.76 0.05 0.20 0.15 0.13 0.00 0.00 0.00 0.12 0.14 0.00 0.00
Interest 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.30 0.00 0.02 0.00 0.01 0.01 0.01 0.05 0.05 -0.04 0.00 -0.02
Tax % 3.33% 0.00% 0.00% 0.00% 0.00% 20.00% 20.00% 0.00%
-0.31 0.00 0.02 0.00 0.01 0.01 0.01 0.04 0.04 -0.04 -0.01 -0.02
EPS in Rs -2.73 0.00 0.18 0.00 0.09 0.09 0.09 0.35 0.35 -0.35 -0.09 -0.18
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -30%
5 Years: 7%
3 Years: -5%
TTM: -52%
Compounded Profit Growth
10 Years: 7%
5 Years: %
3 Years: 23%
TTM: -100%
Stock Price CAGR
10 Years: -6%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: -3%
5 Years: -5%
3 Years: -6%
Last Year: -1%

Balance Sheet

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Equity Capital 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14
Reserves 0.20 0.20 0.22 0.21 0.21 0.22 0.23 0.28 0.32 0.28 0.27
0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.17 0.09 0.07 0.02 0.01 0.01 0.02 0.03 0.01 0.01 0.01
Total Liabilities 1.51 1.44 1.43 1.37 1.36 1.37 1.39 1.45 1.47 1.43 1.42
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 1.16 1.25 1.09 0.00 0.00 1.30 1.41 0.67 0.00 0.00
1.51 0.28 0.18 0.28 1.36 1.37 0.09 0.04 0.80 1.43 1.42
Total Assets 1.51 1.44 1.43 1.37 1.36 1.37 1.39 1.45 1.47 1.43 1.42

Cash Flows

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
-0.32 0.94 0.06 -0.08 -0.04 0.00 0.02 0.00 0.00 -0.19 -0.01
1.32 -1.16 0.01 0.22 1.11 0.00 -1.30 0.00 0.00 0.80 0.00
-1.00 0.01 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.00 -0.21 0.06 0.14 1.07 0.00 -1.28 0.00 0.00 0.61 -0.01

Ratios

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Debtor Days 32.29 342.19 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days 4.09 0.00
Days Payable 9.20
Cash Conversion Cycle 27.17 342.19 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days 100.44 387.81 182.50 40.56 -28.08 0.00 73.00 99.55
ROCE % 0.00% -5.17% -5.17% -0.74% 0.74% 0.73% -5.73% -4.86% -12.50% 0.00%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017
45.96% 45.96% 45.96% 45.96% 45.96%
0.04% 0.04% 0.04% 0.04% 0.04%
54.00% 54.00% 54.00% 54.00% 54.00%
No. of Shareholders 3,4823,4813,4813,4773,475

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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