About LML Limited
Data last updated:
LML Limited is a public limited company based in Kanpur, Uttar Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 29 September 1972.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN L34101UP1972PLC003612. Its GSTIN is 09AAACL0141N1ZK (Uttar Pradesh). The company holds 7 GST registrations, of which 3 are active. It is a listed company.
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹200.41 Cr. It is led by directors including Deepak Kumar Singhania (Managing Director) and Anurag Kumar Singhania (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at C – 3 Panki Industrial Estate Site – I, Kanpur, Uttar Pradesh, India – 208022.
As per the financials filed for FY 2016, the company reported a revenue of ₹157.79 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹78.36 Cr (net margin -49.7%) and EBITDA of -₹21.38 Cr (EBITDA margin -13.5%).
The company has about 407 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LML World. As per MCA filings, the company has open charges of ₹465.87 Cr on record. Court records list 403 cases involving the company, including 237 filed by the company and 166 filed against it; 30 cases are pending. The company has 27 deals on record (19 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹33.16 Cr; the latest was in September 2015. Its 6 peer companies in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 4 larger and 2 smaller; the largest is Piaggio Vehicles Private Limited with revenue of ₹3,584.16 Cr.
The last known website on record is lmlworld.in.
Company details
CIN history
LML has one previous CIN (Corporate Identification Number): U34101UP1972PTC003612. The current CIN is L34101UP1972PLC003612, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L34101UP1972PLC003612 | Current |
| U34101UP1972PTC003612 | Previous |
Contact details
LML Limited's registered office is in Kanpur, Uttar Pradesh. Its website is lmlworld.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 3 Panki Industrial Estate Site – I, Kanpur, Uttar Pradesh, India – 208022
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of LML Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
LML operates one associated brand: LML World. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of scooters and management of liquidation processes in New Delhi. | lmlworld.in |
Business activity
The main business activity of LML is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of LML Limited, buy the company report.
Financials of LML Limited
FY 2016 filings availableLML Limited reported revenue of ₹157.79 Cr (down 24% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹157.79 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹21.38 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹78.36 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13.5% | |
| Net Profit Margin | -49.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of LML Limited, buy the company report.
Board of directors and KMP of LML Limited
LML Limited currently reports 8 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Kumar Singhania | Whole-Time Director | 28 Jun 2005 | 21 Years 3 Months | As last reported |
| Ritu Schimar Dhingra Also directs: Rise9 Apparel Sourcing Private Limited | Director | 23 Sep 2014 | 12 Years 0 Months | As last reported |
| Santoshkumar Shivshanker Shukla Also directs: Inkluv Designs LLP | Director | 23 Sep 2014 | 12 Years 0 Months | As last reported |
| Satinder Kumar Aggarwal | Director | 16 May 1989 | 37 Years 5 Months | As last reported |
| Vivek Kumar Agnihotri | Director | 24 May 2013 | 13 Years 4 Months | As last reported |
| Deepak Kumar Singhania | Managing Director | 18 Jul 1984 | 42 Years 3 Months | As last reported |
Peer comparison
LML Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Piaggio Vehicles Private Limited | ₹3,584.16 Cr (FY 2024) | 11.0% | Pune, Maharashtra, India | |||
| Atul Auto Ltd | ₹725.2 Cr (FY 2025) | 37.0% | Rajkot Rajkot, Gujarat, India | |||
| India Kawasaki Motors Private Limited | ₹409.15 Cr (FY 2025) | 6.0% | Khed, Maharashtra, India | |||
| J. S. Auto Private Limited | ₹160.18 Cr (FY 2025) | -7.0% | Kanpur, Uttar Pradesh, India | |||
| LML Limitedthis company | ₹157.79 Cr (FY 2016) | -₹78.36 Cr | -49.7% | -24.0% | 407 | Kanpur, Uttar Pradesh, India |
| DSK Motowheels Private Limited | ₹82.93 Cr (FY 2016) | 72.0% | Pune, Maharashtra, India | |||
| Om Balajee Automobile India Private Limited | ₹37.04 Cr (FY 2024) | -13.0% | New Delhi, Delhi, India |
To see the full peer comparison of LML Limited, buy the company report.
Auditor
LML Limited is audited by Khandelwal Jain & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandelwal Jain & Co. | FY 2016 | 105049W |
Shareholding
The shareholding of LML Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of LML Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2006 | 10018563 | Ifci Limited | ₹19.26 Cr | Open | |
| 05 Apr 2003 | 90272679 | Bank of India | ₹5 Cr | Open | |
| 15 Apr 2002 | 90272562 | Amercian Express Bank Ltd. | ₹8.35 Lakh | Open | |
| 06 Nov 2001 | 90272494 | State Bank of India | ₹1.45 Cr | Open | |
| 16 Mar 2001 | 90269420 | Edelweiss Asset Reconstruction Company Limited | ₹5 Cr | Open |
To see the full charge records of LML Limited, buy the company report.
Total charge records: 52 View all charges
Deals & funding
LML Limited has 27 deals on record (19 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹33.16 Cr; the latest was in September 2015.
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Others LML Limited Seller: Lohia Corp Limited, Nirmal Bang Securities Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Lohia Corp Limited, Suryodaya Investment and Trading Company Limited , Nirmal Bang Securities Private Limited Seller: Others LML Limited, Saraswati Trading Co |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Others LML Limited Seller: Suryodaya Investment and Trading Company Limited |
| Jul 2011 | Market trade | ₹55.6 Lakh | Buyer: NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
| Nov 2010 | Market trade | ₹1.91 Cr | Buyer: V.P. Consultants Private Limited , Transglobal Securities Ltd. Seller: V.P. Consultants Private Limited , Transglobal Securities Ltd. |
To see the full deal history of LML Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
LML Limited has 403 court cases on record: 237 filed by LML, 166 filed against it. 30 cases are pending and 373 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 197 | 54 | 24 |
| District courts | 149 | 92 | 6 |
| Supreme Court | 34 | 13 | 0 |
| NCLT | 20 | 5 | 0 |
| NCLAT | 3 | 2 | 0 |
Cases on record (5 of 403)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Allahabad | Court case (MA(IBC)) | Filed against the company by Symcom Exim Private Limited | Disposed |
| NCLT, Allahabad | Court case (COMP.APPL(IBC)) | Filed against the company by M/S Parwati Automotive Pvt Ltd and Others | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Orix Auto Infrastructure Services Limited. | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by M/S Nicks Auto Industries Pvt. Ltd. | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by M/S Uni Plast Pvt. Limited | Disposed |
To see the full case history of LML Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for LML Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
LML has 1 associated company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
Employees & EPFO
LML Limited has a workforce of 407 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
LML has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACL0141N1ZK | Uttar Pradesh | Active | 01 Jul 2017 |
| 06AAACL0141N1ZQ | Haryana | Active | 25 Aug 2017 |
| 27AAACL0141N2ZL | Maharashtra | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of LML Limited, buy the company report.
Recent activity
LML Limited has 38 board changes on record since 1982: 24 appointments and 14 cessations. The latest: Rajendra Kumar Jain ceased to be Director on 11 Jan 2018.
126 earlier events are in the company report.
Frequently asked questions
LML is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
LML is a company under liquidation, formerly operating as a public limited company based in Kanpur, Uttar Pradesh, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 29 September 1972 and is registered under CIN L34101UP1972PLC003612. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
LML has 10 current directors and KMP:
- Deepak Kumar Singhania - Managing Director
- Anurag Kumar Singhania - Whole-Time Director
- Ritu Schimar Dhingra - Director
- Santoshkumar Shivshanker Shukla - Director
- Satinder Kumar Aggarwal - Director
- Vivek Kumar Agnihotri - Director
- Anish Babu Venugopal - Nominee Director
- Shiromani Sharma - Director
- Mahesh Kumar Kanodia - Cfo
- Khushahal Chand Agarwal - Company Secretary
The latest financial statements of LML on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 15 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of LML is L34101UP1972PLC003612. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, LML is a listed company.
LML has open charges of ₹465.87 Cr and no satisfied charges on record as per latest MCA filings.
LML has 403 court cases on record: 237 filed by the company and 166 filed against it. 30 are pending. Most are in the high courts.
LML was incorporated on 29 September 1972. It is registered with the Registrar of Companies, Kanpur.
LML has 27 deals on record (19 market trades, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹33.16 Cr; the latest was in September 2015.
The peers of LML by revenue are Piaggio Vehicles Private Limited, Atul Auto Ltd, India Kawasaki Motors Private Limited, J. S. Auto Private Limited, DSK Motowheels Private Limited and 1 more, all in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).