---
title: "Linear Industries Ltd (524103) — Share Price, Financials & Analysis"
symbol: "524103"
company: "Linear Industries Ltd"
canonical: "https://tapetide.com/stocks/524103"
isin: "INE808D01012"
bse_code: "524103"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T10:59:31.100Z"
---

# Linear Industries Ltd (524103)

Canonical page: https://tapetide.com/stocks/524103

## Company

- **BSE Code:** 524103
- **ISIN:** INE808D01012
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-03
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** linearindustries.in

## About

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

## Latest Price

## Key Insights

### Strengths

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

### Weaknesses

- 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.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -100% | 23% | — |
| revenue growth | -52% | -5% | 7% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.12 | 0 | 0 | 0.02 | 0.13 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 |
| Expenses | 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 | -0.01 | 0.1 | -0.03 | -0.01 | -0.11 | 0.11 | 0.01 | -0.02 | 0.01 | 0 | -0.01 | -0.02 |
| OPM % | — | 83.33 | — | — | -550 | 84.62 | 33.33 | -66.67 | 33.33 | 0 | -33.33 | -100 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.01 | 0.1 | -0.03 | -0.01 | -0.11 | 0.11 | 0.01 | -0.02 | 0.01 | 0 | -0.01 | -0.02 |
| Tax % | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 |
| Net Profit | -0.01 | 0.09 | -0.03 | -0.01 | -0.11 | 0.11 | 0.01 | -0.02 | 0.01 | 0 | -0.01 | -0.02 |
| EPS in Rs | -0.09 | 0.79 | -0.26 | -0.09 | -0.97 | 0.97 | 0.09 | -0.18 | 0.09 | 0 | -0.09 | -0.18 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0.08 | 0.09 | 0.13 | 0.12 | 0.15 | 0.11 | 0.1 |
| Expenses | 0.18 | 0.15 | 0.12 | 0.07 | 0.08 | 0.08 | 0.19 | 0.33 | 0.11 | 0.12 |
| Operating Profit | -0.18 | -0.15 | -0.12 | 0.01 | 0.01 | 0.05 | -0.07 | -0.18 | 0 | -0.02 |
| OPM % | — | — | — | 12.5 | 11.11 | 38.46 | -58.33 | -120 | 0 | -20 |
| Other Income | 0.2 | 0.15 | 0.13 | 0 | 0 | 0 | 0.12 | 0.14 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.02 | 0 | 0.01 | 0.01 | 0.01 | 0.05 | 0.05 | -0.04 | 0 | -0.02 |
| Tax % | 0 | — | 0 | 0 | 0 | 20 | 20 | 0 | — | — |
| Net Profit | 0.02 | 0 | 0.01 | 0.01 | 0.01 | 0.04 | 0.04 | -0.04 | -0.01 | -0.02 |
| EPS in Rs | 0.18 | 0 | 0.09 | 0.09 | 0.09 | 0.35 | 0.35 | -0.35 | -0.09 | -0.18 |
| Dividend Payout % | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 |
| Reserves | 0.2 | 0.22 | 0.21 | 0.21 | 0.22 | 0.23 | 0.28 | 0.32 | 0.28 | 0.27 |
| Borrowings | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.09 | 0.07 | 0.02 | 0.01 | 0.01 | 0.02 | 0.03 | 0.01 | 0.01 | 0.01 |
| Total Liabilities | 1.44 | 1.43 | 1.37 | 1.36 | 1.37 | 1.39 | 1.45 | 1.47 | 1.43 | 1.42 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.16 | 1.25 | 1.09 | 0 | 0 | 1.3 | 1.41 | 0.67 | 0 | 0 |
| Other Assets | 0.28 | 0.18 | 0.28 | 1.36 | 1.37 | 0.09 | 0.04 | 0.8 | 1.43 | 1.42 |
| Total Assets | 1.44 | 1.43 | 1.37 | 1.36 | 1.37 | 1.39 | 1.45 | 1.47 | 1.43 | 1.42 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.94 | 0.06 | -0.08 | -0.04 | 0 | 0.02 | 0 | 0 | -0.19 | -0.01 |
| Cash from Investing Activity | -1.16 | 0.01 | 0.22 | 1.11 | 0 | -1.3 | 0 | 0 | 0.8 | 0 |
| Cash from Financing Activity | 0.01 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.21 | 0.06 | 0.14 | 1.07 | 0 | -1.28 | 0 | 0 | 0.61 | -0.01 |
| Free Cash Flow | 0.94 | 0.06 | -0.08 | -0.04 | 0 | 0.02 | 0 | 0 | -0.19 | -0.01 |
| CFO/OP | -1900 | -33 | 60 | 33 | 0 | 300 | 0 | 0 | 100 | — |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 342.19 | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 342.19 | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 387.81 | — | — | — | 182.5 | 40.56 | -28.08 | 0 | 73 | 99.55 |
| ROCE % | 0 | -5.17 | -5.17 | -0.74 | 0.74 | 0.73 | -5.73 | -4.86 | -12.5 | 0 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Jun 2017 |
| --- | --- | --- |
| Promoters | 45.96% | 45.96% |
| DIIs | 0.04% | 0.04% |
| Public | 54% | 54% |
| No. of Shareholders | 3477 | 3475 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 45.96% | 45.96% | 45.96% | 45.96% | 45.96% |
| DIIs | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| Public | 54% | 54% | 54% | 54% | 54% |
| No. of Shareholders | 3482 | 3481 | 3481 | 3477 | 3475 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.57 | Sell |
| EMA (10) | 2.56 | Sell |
| SMA (20) | 2.75 | Sell |
| EMA (20) | 2.68 | Sell |
| SMA (50) | 2.86 | Sell |
| EMA (50) | 2.83 | Sell |
| SMA (100) | 3 | Sell |
| EMA (100) | 2.99 | Sell |
| SMA (200) | 3.32 | Sell |
| EMA (200) | 3.34 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 30.27 | Neutral |
| MACD (12,26,9) | -0.13 | Sell |
| Stochastic (14,3,3) | 11.68 | Buy |
| ADX (14) | 34.47 | Buy |
| Williams %R (14) | -79.25 | Neutral |
| ATR (14) | 0.11 | High Volatility |
| ROC (12) | -12.06 | Sell |
| Stoch RSI (14) | 43.19 | Neutral |
| UO (7,14,28) | 38.12 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-10 | [Reply to Clarification- Financial results](https://nsearchives.nseindia.com/corporate/DARCREDIT_09032026165158_NSE_Clarification.pdf) |
| 2026-03-06 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DARCREDIT_06032026140120_Outcome.pdf) |
| 2026-03-05 | [Clarification - Financial Results](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=DCCL&tabIndex=sme) |
| 2026-02-19 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DARCREDIT_19022026114216_Intimation.pdf) |
| 2026-02-19 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DARCREDIT_19022026125459_Intimation_Final.pdf) |
| 2026-02-17 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DARCREDIT_17022026162959_Audio_Call.pdf) |
| 2026-02-16 | [Investor Presentation](https://nsearchives.nseindia.com/corporate/DARCREDIT_16022026221247_Intimation_Final.pdf) |
| 2026-02-12 | [Utilisation of Funds](https://nsearchives.nseindia.com/corporate/DARCREDIT_12022026115955_Share_utilisation_Q3_Final.pdf) |
| 2026-02-12 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DARCREDIT_12022026174127_Prior_Intimation.pdf) |
| 2026-02-12 | [Press Release](https://nsearchives.nseindia.com/corporate/DARCREDIT_12022026183825_Prior_Intimation.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://archives.nseindia.com/annual_reports/SME_AR_26571_DCCL_2024_2025_A_18062025180203.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/524103/5241030316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/524103/5241030315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/524103/5241030314.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://nsearchives.nseindia.com/corporate/DARCREDIT_19022026125459_Intimation_Final.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/DARCREDIT_17112025130341_Regulation_30_Transcript_of_Conference_Call.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/DARCREDIT_04062025155647_Investor_concall_Transcript_FY_24-25.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-06 | Credit rating update — CARE Ratings |
| 2025-08-20 | Credit rating update — CARE Ratings |
| 2024-12-24 | Credit rating update — CARE Ratings |
| 2023-12-27 | Credit rating update — CARE Ratings |
| 2023-01-02 | Credit rating update — CARE Ratings |
| 2022-01-04 | Credit rating update — CARE Ratings |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:31.100Z.