Milestone Furniture Limited

Designs and manufactures home and office furniture, offers interior design services.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated:

Milestone Furniture Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.30 Cr
  • Company Age 11 Year,
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 5.75 Cr
  • Revenue Growth -100.00%
  • Profit Growth -22.00%
  • Ebitda -46.89%
  • Net Worth -5.51%
  • Total Assets -5.02%

About Milestone Furniture

Milestone Furniture Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 2014 and has a history of 11 years. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541337.

The Corporate was formerly known as Milestone Furniture Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.30 Cr.

The company has closed loans amounting to ₹5.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Milestone Furniture Limited India is Dheeraj Pandey as COMPANY SECRETARY. Mayank Kotadia, Vivek Sonar, Muskan Rana, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L36912MH2014PLC254131

  • Company No.

    254131

  • Stock Symbol

    BSE : 541337

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2014

  • Date of AGM

    29 Oct 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Travel and Hospitality

What products or services does Milestone Furniture Limited offer?

Milestone Furniture Limited offers a wide range of products and services, including Retail Display Stands and Fixtures, Display Rack, Hotel & Restaurant Furniture, Restaurant Table, Office Furniture, Office Chairs, School & College Chair, Student Chair, Play School Furniture, Kids School Furniture.

Who are the key members and board of directors at Milestone Furniture?

Executive Team (1)

NameDesignationAppointment DateStatus
Dheeraj Pandey Company Secretary11-Jan-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Mayank Kotadia Country flag representing In Whole-Time Director 09-Feb-2023Current
Vivek Sonar Country flag representing In Whole-Time Director 19-Jul-2021Current
Muskan Rana Country flag representing In Additional Director 28-Mar-2024Current
Akshay Sharma Additional Director 17-Jul-2024Current

Financial Performance of Milestone Furniture.

Milestone Furniture Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 22% decrease in profit. The company's net worth dipped by a decrease of 5.51%.

Milestone Furniture revenue growth over time
Milestone Furniture profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-100.00%
Revenue from Operations
-100.00%
Total Assets
-5.02%
Profit or Loss
-22.00%
Net Worth
-5.51%
EBITDA
-46.89%

What is the Ownership and Shareholding Structure of Milestone Furniture?

In 2022, Milestone Furniture had a promoter holding of 36.57% and a public holding of 63.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.75 Cr

Latest Charge Details

DateLenderAmountStatus
08 Aug 2017Others₹5.00 CrSatisfied
25 Oct 2016Others₹7.50 MSatisfied

How Many Employees Work at Milestone Furniture?

Milestone Furniture has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Milestone Furniture Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milestone Furniture, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Milestone Furniture's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Milestone Furniture

Recent activity within the organization

  • Director Appointment

    Akshay Sharma was appointed as a Additional Director was appointed as a Additional Director on 17 Jul 2024 & has been associated with this company since 7 months 25 days .

  • Director Appointment

    Muskan Rana was appointed as a Additional Director was appointed as a Additional Director on 28 Mar 2024 & has been associated with this company since 11 months 14 days .

  • Director Appointment

    Dheeraj Kumar Pandey was appointed as a Company Secretary was appointed as a Company Secretary on 11 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Mayank Rasiklal Kotadia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 09 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Annual General Meeting

    Milestone Furniture Limited last Annual general meeting of members was held on 29 Oct 2022 as per latest MCA records.

  • Balance Sheet

    Milestone Furniture Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Milestone Furniture Limited?

    Milestone Furniture Limited was incorporated on 12 Mar 2014.

  • What is authorized share capital and paid-up capital of Milestone Furniture Limited?

    The authorized share capital of Milestone Furniture Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.30 Cr.

  • Who are the current board members & directors of Milestone Furniture Limited?

    Currently 5 directors are associated with Milestone Furniture Limited.

    • Mayank Rasiklal Kotadia
    • Vivek Yogeshwar Sonar
    • Muskan Rana
    • Akshay Sharma
    • Dheeraj Kumar Pandey

  • What is the registered address of Milestone Furniture Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Furniture Limited is Level 4 Dynasty Business Park A Wing, Andheri-Kurla Raod India, Mumbai, Maharashtra, 400059.

  • What is the corporate identification number (CIN) and company number of Milestone Furniture Limited?

    The corporate identification number (CIN) of Milestone Furniture Limited is L36912MH2014PLC254131 and the company number is 254131 as per Ministry of Corporate Affairs (MCA).

  • Is Milestone Furniture Limited registered with any stock exchange in India?

    Yes, Milestone Furniture Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Milestone Furniture Limited?

    The Official website of Milestone Furniture Limited is https://www.milestonefurniture.com

  • What has been the recent revenue trend for Milestone Furniture Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Milestone Furniture Limited has fallen by -100.00%.

  • What change has been observed in the net worth of Milestone Furniture Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Milestone Furniture Limited has experienced an downturn of -5.51%.

  • When was the last Balance Sheet of Milestone Furniture Limited filed with the ROC?

    The most recent Balance Sheet for Milestone Furniture Limited was filed with the ROC on 31 Mar 2022.

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