Milton Industries Limited

Founded in 1985 and headquartered in Gujarat, India.

1985 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Milton Industries Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 71.71 Cr
  • Satisfied Charges ₹ 29.05 Cr
  • Revenue Growth 1.43%
  • Profit Growth -11.79%
  • Ebitda -6.97%
  • Net Worth 7.14%
  • Total Assets 20.03%

About Milton Industries

Milton Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 August 1985 and has a history of 39 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol MILTON.

The Corporate was formerly known as Milton Laminates Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 1.70 Cr.

The company currently has active open charges totaling ₹71.71 Cr. The company has closed loans amounting to ₹29.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Milton Industries Limited India are Saket Jain as CFO and Ronak Maheshwari as Company Secretary. Maheshbhai Patel, Vikas Jain, Vijay Jain, and Six other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L20299GJ1985PLC008047

  • Company No.

    008047

  • Stock Symbol

    NSE : MILTON

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods
Manufacturing

What products or services does Milton Industries Limited offer?

Milton Industries Limited offers a wide range of products and services, including Laminate Sheets, Decorative Laminates, Wood, Plywood, Veneer & Laminates, Raw and Processed Leather, Faux Leather.

Company report

Milton Industries Limited

Explore comprehensive data for Milton Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Vijay Jain Country flag representing In Managing Director23-Aug-1985Current
Saket Jain Country flag representing In CFO07-Oct-2011Current
Ronak Maheshwari Country flag representing In Company Secretary01-Jan-2020Current

Board Members (8)

NameDesignationAppointment DateStatus
Maheshbhai Patel Country flag representing In Director 08-Sep-2017Current
Vikas Jain Country flag representing In Whole-Time Director 22-Nov-2010Current
Abhaykumar Jain Country flag representing In Whole-Time Director 07-Oct-2011Current
Rakesh Mehtani Country flag representing In Director 08-Sep-2017Current
Ajay Jain Country flag representing In Director 22-Nov-2010Current
Neha Jain Country flag representing In Director 06-Oct-1996Current

Financial Performance of Milton Industries.

Milton Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.43% increase. The company also saw a substantial fall in profitability, with a 11.79% decrease in profit. The company's net worth moved up by a moderate rise of 7.14%.

Milton Industries revenue growth over time
Milton Industries 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
1.43%
Revenue from Operations
2.17%
Total Assets
20.03%
Profit or Loss
-11.79%
Net Worth
7.14%
EBITDA
-6.97%

What is the Ownership and Shareholding Structure of Milton Industries?

In 2022, Milton Industries had a promoter holding of 72.42% and a public holding of 27.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.71 Cr

Satisfied Charges

₹29.05 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 39.60 Cr
  • Others : 19.90 Cr
  • Sate Bank Of India : 12.06 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2023Hdfc Bank Limited₹1.46 MOpen
12 Sep 2022Others₹9.95 CrOpen
04 Jun 2021Others₹9.95 CrOpen
10 Mar 2007Sate Bank Of India₹5.91 CrOpen
04 Feb 2006Sate Bank Of India₹6.15 CrOpen

How Many Employees Work at Milton Industries?

Milton Industries has a workforce of 91 employees as of Apr 09, 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 Milton Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milton Industries, 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 Milton Industries'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 Milton Industries

Recent activity within the organization

  • Annual General Meeting

    Milton Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100727803 was registered on 09 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100649344 was registered on 12 Sep 2022.

  • Charges

    A charge with Others of Rs. 9.95 Cr registered on 04 Jun 2021 with Charge ID 100471846 was modified on 12 Jul 2022.

  • Charges

    A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100471846 was registered on 04 Jun 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Milton Industries Limited?

    Milton Industries Limited was incorporated on 23 Aug 1985.

  • What is authorized share capital and paid-up capital of Milton Industries Limited?

    The authorized share capital of Milton Industries Limited is ₹ 17.00 Cr and paid-up capital is ₹ 1.70 Cr.

  • Who are the current board members & directors of Milton Industries Limited?

    Currently 11 directors are associated with Milton Industries Limited.

    • Maheshbhai Samatbhai Patel
    • Vikas Jain
    • Vijay Pal Jain
    • Abhaykumar Mahipalsingh Jain
    • Rakesh Tarachand Mehtani
    • Ajay Mahipal Singh Jain
    • Neha Jain
    • Saket Jain
    • Vaibhav Ajay Jain
    • Saket Jain
    • Ronak Maheshwari

  • What is the registered address of Milton Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milton Industries Limited is 1/2 Chitra-Ami Appartment, Opp. La Gajjar Chamber Ashram Road India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Milton Industries Limited?

    The corporate identification number (CIN) of Milton Industries Limited is L20299GJ1985PLC008047 and the company number is 008047 as per Ministry of Corporate Affairs (MCA).

  • Is Milton Industries Limited registered with any stock exchange in India?

    Yes, Milton Industries Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Milton Industries Limited?

    The Official website of Milton Industries Limited is https://www.miltonindustries.in

  • What has been the recent revenue trend for Milton Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Milton Industries Limited has risen by 1.43%.

  • How many employees does Milton Industries Limited currently have?

    As Per 2023 financial reports, 91 employees are currently employed by Milton Industries Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Milton Industries Limited has experienced an upsurge of 7.14%.

  • What are the total open charges for Milton Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Milton Industries Limited amount to ₹ 71.71 Cr.

  • When was the last Balance Sheet of Milton Industries Limited filed with the ROC?

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Plastic & Resins