Milton Industries Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 17.00 Cr
- Company Age 39 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- 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 six 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 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 2023. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 17.00 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 Ronak Maheshwari as COMPANY SECRETARY and Saket Jain as Cfo. Saket Jain, Neha Jain, Vikas 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Milton Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ronak Maheshwari  | Company Secretary | 01-Jan-2020 | Current |
| Saket Jain | CFO | 08-Aug-2017 | Current |
| Vijay Jain | Managing Director | 23-Aug-1985 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saket Jain | Whole-Time Director and Cfo | 04-Oct-2009 | Current |
| Neha Jain | Director | 06-Oct-1996 | Current |
| Vikas Jain | Whole-Time Director | 04-Nov-2009 | Current |
| Vaibhav Jain | Director | 02-Mar-2019 | Current |
| Maheshbhai Patel | Director | 08-Sep-2017 | Current |
| Rakesh Mehtani | Director | 08-Sep-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Heritage Decor LimitedSaket Jain, Abhaykumar Jain and 1 more are mutual person
- Milton Exports (India) Pvt Ltd
Saket Jain, Abhaykumar Jain and 1 more are mutual person
- Valley Velvette Private Limited
Vikas Jain, Vijay Jain and 1 more are mutual person
- Smooth Ayurvedic Pharmacy Private Limited
Rakesh Mehtani is a mutual person
- Indian Laminate Manufacturers Association
Ajay Jain is a mutual person
Charges (Loans)
₹71.71 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2023 | Hdfc Bank Limited | ₹1.46 M | Open |
| 12 Sep 2022 | Others | ₹9.95 Cr | Open |
| 04 Jun 2021 | Others | ₹9.95 Cr | Open |
| 10 Mar 2007 | Sate Bank Of India | ₹5.91 Cr | Open |
| 04 Feb 2006 | Sate Bank Of India | ₹6.15 Cr | Open |
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.
Deals i
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
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
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.
