Milton Cycle Industries Limited

Milton Cycle Industries Limited

Manufacturer of bicycles and bicycle components, with a wide range of products and large production capacity.
1960 | Sonipat, Haryana (India) | Active

Last Updated:

December 12, 2024
HomeCompanyMilton Cycle Industries Limited

Who are the key members and board of directors at Milton Cycle Industries?

Board Members(3)

NameDesignationAppointment DateStatus
Vinod Buber In Whole-Time Director 04-Feb-2022Current
Ashok Sharma In Director 04-Oct-2021Current
Kamal Kohli Director Appointed In Casual Vacancy 30-Nov-2024Current

Financial Performance of Milton Cycle Industries.

Milton Cycle Industries Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 92.69% decrease. The company also saw a substantial fall in profitability, with a 262.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.92%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-92.69%
Revenue from Operations
-97.15%
Total Assets
2.69%
Profit or Loss
-262.17%
Net Worth
-27.92%
EBITDA
-41.68%

Charges (Loans)

Satisfied Charges

₹14.70 Cr

LenderAmountStatus

Union Bank Of India

Creation Date: 21 Jan 2011
₹10.00 CrSatisfied

Indusind Bank Limited

Creation Date: 27 Feb 2007
₹8.50 MSatisfied

Indusind Bank Limited

Creation Date: 27 Feb 2007
₹8.50 MSatisfied

How Many Employees Work at Milton Cycle Industries?

Milton Cycle Industries has a workforce of 6 employees as of Apr 08, 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.

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Latest Updates, News, and FAQs on Milton Cycle Industries

Recent activity within the organization

  • Director Appointment

    Kamal Kohli was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 30 Nov 2024 & has been associated with this company since 1 month 21 days .

    30 Nov 2024

  • Annual General Meeting

    Milton Cycle Industries Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Balance Sheet

    Milton Cycle Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Vinod Buber was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 Feb 2022 & has been associated with this company since 2 years 11 months .

    04 Feb 2022

  • Director Appointment

    Ashok Kumar Sharma was appointed as a Director was appointed as a Director on 04 Oct 2021 & has been associated with this company since 3 years 3 months .

    04 Oct 2021

  • Charges

    A charge registered on 21 Jan 2011 via Charge ID 10267957 with Union Bank Of India was fully satisfied on 16 Jul 2021.

    16 Jul 2021

Frequently asked questions

  • Milton Cycle Industries Limited was incorporated on 10 May 1960.

  • The authorized share capital of Milton Cycle Industries Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.20 M.

  • Currently 3 directors are associated with Milton Cycle Industries Limited.

    • Ashok Kumar Sharma
    • Vinod Buber
    • Kamal Kohli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Milton Cycle Industries Limited is Industrial Areasonepat India, Haryana, 131001.

  • The corporate identification number (CIN) of Milton Cycle Industries Limited is U35923HR1960PLC002317 and the company number is 002317 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Milton Cycle Industries Limited is https://www.miltoncycles.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Milton Cycle Industries Limited has fallen by -92.69%.

  • As Per 2022 financial reports, 6 employees are currently employed by Milton Cycle Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Milton Cycle Industries Limited has experienced an downturn of -27.92%.

  • The most recent Balance Sheet for Milton Cycle Industries Limited was filed with the ROC on 31 Mar 2024.

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