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Printed on: 14 Jul, 2016

Updated on: 9 Jun, 2016 LINERS INDIA LIMITED


Probed on: 9 Jun, 2016

Key Statistics
R.S.NO.205/2A, KANURU,7TH CROSS ROAD, JAWHAR, AUTONAGAR,VIJAYAWADA, PIN:520 007 - 000000, ANDHRA
Registered Address
PRADESH
Business Address 205/2A, Kanuru, Near 7th Cross Road, Jawhar Autonagar, Vijayawada - 520007, Andhra Pradesh
Date of Incorporation 24 Apr, 1986
Type of Entity Public Limited Indian Non-Government Company
Listing Status Unlisted
Website http://www.lil.net.in/
PAN No. AAACL3810C
CIN No. U99999AP1986PLC006402
Paid Up Capital Rs. 4.69 cr.
Authorized Capital Rs. 7.50 cr.
Sum of Charges Rs. 53.34 cr.
Status Active
Date of Last AGM 30 Sep, 2015

About The Company

Liners India Limited (LIL) is engaged in manufacturing cylinder liners and trading in automobile components. As per a credit report, the company is involved
in manufacturing cast iron products and cylinder liners which are used in diesel automotive engines. It supplies to OEMs (original equipment manufacturers)
of heavy, medium and light commercial vehicles, tractors and diesel engines worldwide. LIL has manufacturing units in Vijayawada (Andhra Pradesh) and
Rudrapur (Uttarakhand) with an installed capacity of 24 cr liners per annum. The company has also set up the trading division after the acquisition of Jai
Motors Ltd in 2009. It is a distributor in South India for automotive component manufacturing companies; and is also a distributor of Shriram Pistons & Rings
Ltd and Allied Nippon Ltd for Andhra Pradesh, Telangana, Karnataka, Kerala, and Tamil Nadu. LIL is an ISO/TS 16949:2002 certified company.

Industry And Segment(s)


Automobile & Transport Equipment Auto Ancillary
Machinery and Equipment Tools and Components

Auditor(s)

Auditor
Probe42.in
Auditor Firm Year
Lakshmana Rao Paladugu Brahmayya & Co. 2015
Venkata Ramana Thota Brahmayya & Co. 2014
Venkata Ramana Thota Brahmayya & Co. 2013
Venkata Ramana Thota Brahmayya & Co. 2012
Venkata Ramana Thota Brahmayya & Co. 2011

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© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
Page 1 of 8
Printed on: 14 Jul, 2016
Updated on: 9 Jun, 2016 LINERS INDIA LIMITED
Probed on: 9 Jun, 2016

Standalone Financial Data


Balance Sheet (Rs. cr.) 31 Mar, 2013 31 Mar, 2014 31 Mar, 2015
* Share Application, Minority Interest, Money received against Share Warrants and Defered Govt. Grants
Equity and Liabilities
Share Capital 4.69 4.69 4.69
Reserves and Surplus 18.78 18.32 18.73
Others* 0.00 0.00 0.00
Total Equity 23.47 23.00 23.41
Long Term Borrowings 7.13 6.52 4.94
Short Term Borrowings 32.20 33.16 33.16
Other Long Term Liabilities and Provisions 1.86 1.22 1.07
Trade Payables 11.83 13.28 17.24
Other Current Liabilities and Provisions 8.86 6.35 6.38
Total Equity and Liabilities 85.35 83.53 86.21

Assets
Net Fixed Assets 30.60 26.76 30.71
Capital WIP 0.57 0.96 1.22
Investments 0.03 0.02 0.02
Inventories 23.40 24.66 24.78
Trade Receivables 17.61 18.80 17.40
Cash and Bank Balances 4.64 3.58 2.55
Other Assets 8.51 8.75 9.52
Total Assets 85.35 83.53 86.21

Profit and Loss (Rs. cr.) 31 Mar, 2013 31 Mar, 2014 31 Mar, 2015
Revenue 116.31 114.74 106.80
Operating Cost
Operating Profit / EBITDA
Other Income
Probe42.in 108.06
8.25
0.68
106.20
8.54
0.94
105.73
1.06
0.32
Depreciation 3.00 4.01 3.30
Profit Before Interest and Tax 5.93 5.47 -1.92
Interest 5.84 5.99 5.41
Profit Before Tax and Exceptional Items Before Tax 0.10 -0.51 -7.33
Exceptional Items Before Tax -0.75 -0.42 3.03
Profit Before Tax -0.65 -0.93 -4.30
Income Tax 0.21 -0.78 -3.07
Profit After Tax but Before Exceptional Items After Tax -0.87 -0.16 -1.23
Exceptional Items After Tax 0.00 0.00 0.00
Profit After Tax -0.87 -0.16 -1.23

Ratios 31 Mar, 2013 31 Mar, 2014 31 Mar, 2015

Ratio Analysis
Revenue Growth (%) -1.4 -1.4 -6.9
Net Margin (%) -0.8 -0.1 -1.2
Return on Equity (%) - - -
Debt / Equity 1.7 1.7 1.6
Inventory / Sales (Days) 73 78 85
Debtors / Sales (Days) 55 60 59
Payables / Sales (Days) 37 42 59
Cash Conversion Cycle (Days) 92 96 85
Sales / Net Fixed Assets 3.8 4.3 3.5

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© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
Page 2 of 8
Printed on: 14 Jul, 2016
Updated on: 9 Jun, 2016 LINERS INDIA LIMITED
Probed on: 9 Jun, 2016

Current Directors

Present Shareholding Appointment Cessation


Director Name DIN / PAN Age
Designation (%) Date Date
SUBRAMANIAN GANESH Managing Director 00313381 66 10.37 5 Sep, 2002 -
VINESH RASHMIKANT SHAH Wholetime 00313180 61 8.96 1 Aug, 2013 -
Director
SRINIVASAN SUBRA MANI Wholetime 00901855 46 7.35 1 Apr, 2009 -
Director
VENKATA SHYAM SUNDAR KALLURI Director 00502621 74 0.00 21 Sep, 2007 -
AJJARAPU SURYA PRAKASH Director 07180195 72 0.00 16 Mar, 2015 -
PADMANABHUNI CHANDRASEKHARA RAO Director 07188113 62 0.00 31 Mar, 2015 -
GURU SUBRAMANIAM CEO(KMP) AAGPS0275D - - 1 Apr, 2014 -
RAJAGOPALAN RAGHAVAN Director 02326222 74 - 29 Dec, 2008 3 Jun, 2014
ELAYAPPAN MANOHARAN Director 01840190 63 - 21 Sep, 2007 1 Oct, 2011
MEENATCHI SUNDARAM K Director 00312864 53 - 11 Nov, 2000 1 Dec, 2009

Probe42.in

Marked Copy For : Mahendrakar Karthik Kumar from Federal Bank


© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
Page 3 of 8
Printed on: 14 Jul, 2016
Updated on: 9 Jun, 2016 LINERS INDIA LIMITED
Probed on: 9 Jun, 2016

Other Directorships

*PUC *SOC *Date of Appointment Cessation


Director Name Company Name Status
(Rs. cr.) (Rs. cr.) Incorp. Date Date

*PUC = Paid Up Capital *SOC = Sum of Charges *Date of Incorp. = Date of Incorporation
RAJAGOPALAN INDUSIND MEDIA AND 344.27 1469.00 23 Feb, 1995 Active 29 Jul, 2011 3 Jun, 2014
RAGHAVAN COMMUNICATIONS LIMITED
(02326222) (U92132MH1995PLC085835)
RNA CORP PRIVATE LIMITED 111.11 455.00 13 Apr, 2010 Active 24 May, 2010 12 Aug, 2011
(U70102MH2010PTC202038)
VINESH GOVERDHAN CAPITAL AND 0.77 0.00 11 Jun, 1996 Active 5 Oct, 1996 -
RASHMIKANT FINANCE PRIVATE LIMITED
SHAH (U67990MH1996PTC100154)
(00313180)
VINSONS PROJECTS INDIA P 0.73 7.00 30 Jun, 1994 Active 30 Jun, 1994 -
LTD
(U45200MH1994PTC079307)
ZEBRA FASHION PRIVATE 0.19 1.70 11 Dec, 2006 Active 19 Oct, 2013 7 Feb, 2014
LIMITED
(U18101MP2006PTC019111)
VENKATA AARTI INDUSTRIES LTD 41.66 8631.83 28 Sep, 1984 Active 12 Oct, 2009 -
SHYAM SUNDAR (L24110GJ1984PLC007301)
KALLURI
(00502621)
LADDERUP CORPORATE 0.29 0.00 11 Jan, 2007 Active 19 Mar, 2007 -
ADVISORY PRIVATE LIMITED
(U67190MH2007PTC166958)
LADDERUP FINANCE LIMITED 12.85 0.44 1 Oct, 1993 CIN changed to 16 Jan, 2006 -
(U67120MH1993PLC074278) L67120MH1993PLC074278

LADDERUP FINANCE LIMITED 12.85 0.44 1 Oct, 1993 Active 16 Jan, 2006 -
(L67120MH1993PLC074278)
LADDERUP WEALTH 0.20 0.00 7 Jan, 2008 Active 9 Aug, 2008 -
MANAGEMENT PRIVATE
LIMITED
(U74140MH2008PTC177491)
SUBRAMANIAN AUTOMOTIVE COMPONENT 0.00 0.00 13 Oct, 1959 Active 6 Sep, 2007 -
GANESH MANUFACTURERS
(00313381) ASSOCIATION OF INDIA
(U99999DL1959PLC176013)
JAI HOLDINGS (INDIA) PRIVATE
LIMITED
(U65993TN1994PTC027481)
Probe42.in
1.91 1.60 6 May, 1994 Active 1 Jun, 1994 1 Dec, 2010

SRINIVASAN JAI HOLDINGS (INDIA) PRIVATE 1.91 1.60 6 May, 1994 Active 24 Jun, 2013 -
SUBRA MANI LIMITED
(00901855) (U65993TN1994PTC027481)
JAI MOTORS LIMITED 3.00 0.00 10 Dec, 1982 Amalgamated 29 Mar, 1995 -
(U34103TN1982PLC009724)
JAITECH'S INDUSTRIES 0.15 0.30 12 Feb, 1998 Active 24 Mar, 2007 27 Oct, 2009
PRIVATE LIMITED
(U35999TN1998PTC039887)
MANI TECHNO SERVICES 0.05 0.19 8 Jan, 1988 Active 6 Oct, 1989 27 Oct, 2009
PRIVATE LIMITED
(U74210TN1988PTC015266)
ELAYAPPAN GOLDEN AUTO COMPONENTS 0.50 0.00 23 Jan, 2012 Active 23 Jan, 2012 -
MANOHARAN PRIVATE LIMITED
(01840190) (U34200TN2012PTC084115)
MEENATCHI BEACON TRACKING 0.01 0.00 24 Jun, 2011 Active 24 Jun, 2011 -
SUNDARAM K SOLUTIONS PRIVATE LIMITED
(00312864) (U74999TN2011PTC081231)
CRYO-SAVE (INDIA) PRIVATE 25.36 3.00 29 Feb, 2008 Active 29 Feb, 2008 2 Apr, 2008
LIMITED
(U85100KA2008PTC060530)
OPULENTIA GLOBAL 0.04 0.00 25 May, 2011 Active 25 May, 2011 21 Aug, 2011
SOLUTIONS PRIVATE LIMITED
(U74900TN2011PTC080782)
TOTIPOTENTSC SCIENTIFIC 1.70 0.00 28 Mar, 2008 Active 28 Mar, 2008 19 Apr, 2008
PRODUCT PRIVATE LIMITED
(U73100HR2008PTC041429)

Marked Copy For : Mahendrakar Karthik Kumar from Federal Bank


© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
Page 4 of 8
Printed on: 14 Jul, 2016
Updated on: 9 Jun, 2016 LINERS INDIA LIMITED
Probed on: 9 Jun, 2016

Holding and Subsidiary Companies

This company does not have a Holding and Subsidiary Company as per our records.

Probe42.in

Marked Copy For : Mahendrakar Karthik Kumar from Federal Bank


© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
Page 5 of 8
Printed on: 14 Jul, 2016
Updated on: 9 Jun, 2016 LINERS INDIA LIMITED
Probed on: 9 Jun, 2016

Open Charges

Amount Creation / No. of


Date Charge Holder Property Type
(Rs. cr.) Modification Holders
12 Sep, 2014 ANDHRA BANK 31.99 Modification 1 Immovable property or any
interest there in,Book
debts,Movable property (not
being pledge)
1 Sep, 2012 CORPORATION BANK 0.07 Creation 1 Movable property (not being
pledge),Floating charge

22 Jun, 2012 IDBI BANK 19.50 Modification 1 Immovable property,Book


debts,Movable property (not
being pledge)
3 May, 2012 TATA CAPITAL 0.45 Creation 1 Movable property (not being
pledge)
28 Dec, 2011 KOTAK MAHINDRA BANK 0.15 Creation 1 Movable property (not being
pledge)
1 Dec, 2011 KOTAK MAHINDRA BANK 0.60 Creation 1 Movable property (not being
pledge)
31 Oct, 2011 RELIANCE CAPITAL 0.20 Creation 1 Movable property (not being
pledge)
14 Jul, 2011 TATA CAPITAL 0.38 Creation 1 Movable property (not being
pledge)

Probe42.in

Marked Copy For : Mahendrakar Karthik Kumar from Federal Bank


© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
Page 6 of 8
Printed on: 14 Jul, 2016
Updated on: 9 Jun, 2016 LINERS INDIA LIMITED
Probed on: 9 Jun, 2016

Compliance

BIFR History

This company has no BIFR Cases as per our records.

Corporate Debt Restructuring (CDR) History

This company has no CDR History as per our records.

Appearance in Credit Bureaus' Defaulters' List

This company does not appear in the Defaulters' List of Credit Bureaus', as per our records.

Legal History (Closed cases in High Courts / Supreme Court)

Judgement
Case Title Court
Date
STATE OF ANDHRA PRADESH VS . LINERS INDIA PRIVATE LIMITED Andhara Pradesh High Court 20 Sep, 2012
(LEGAL CASE IS REPORTED IN THE OLD NAME OF THE COMPANY)

COMMISSIONER OF C . EX . VS . LINERS INDIA LIMITED Andhara Pradesh High Court 27 Aug, 2010
THE COMMISSIONER OF CENTRAL EXCISE VS . LINERS INDIA CESTAT Bangalore 18 Dec, 2009
LIMITED

Probe42.in

Marked Copy For : Mahendrakar Karthik Kumar from Federal Bank


© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
Page 7 of 8
Printed on: 14 Jul, 2016
Updated on: 9 Jun, 2016 LINERS INDIA LIMITED
Probed on: 9 Jun, 2016

Credit Ratings

Ratings Agency Date Rating Type of Loan Amount Currency

CRISIL 6 Oct, 2015 D (Downgraded from A4) Bank Guarantee 0.75 INR Crore
D (Downgraded from Cash Credit 12.50 INR Crore
B/Stable)
D (Downgraded from Cash Credit 14.50 INR Crore
B/Stable)
D (Downgraded from A4) Foreign Bill Discounting 2.00 INR Crore
D (Downgraded from A4) Letter of Credit 5.50 INR Crore
D (Downgraded from A4) Letter of Credit 5.00 INR Crore
D (Downgraded from Proposed Long Term Bank 3.65 INR Crore
B/Stable) Loan Facility
D (Downgraded from Term Loan 7.10 INR Crore
B/Stable)
ICRA 29 Mar, 2016 C (Assigned) Fund Based Limit 12.50 INR Crore
A4 (Assigned) Non Fund Based Limit 2.00 INR Crore
C/A4 (Assigned) Unallocated Limits 0.50 INR Crore

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Marked Copy For : Mahendrakar Karthik Kumar from Federal Bank


© PROBE INFORMATION SERVICES PRIVATE LIMITED (Probe) 2016. Probe42.in is a proprietary data and information service technology platform developed, owned and maintained by Probe Information
Services Private Limited. Information on Probe42.in is meant for the sole and exclusive use of registered users only. Any information from the platform Probe42.in cannot be sold, licensed, rented or
redistributed in any manner whatsoever. Information provided has been obtained from sources that are believed to be reliable, and reasonable efforts have been taken to ensure that it is accurate. While due
care has been taken in collecting information.
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