Milton Industries Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 1.70 Cr
- Company Age 39 Year, 8 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 eight 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.
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Jain  | Managing Director | 23-Aug-1985 | Current |
| Saket Jain | CFO | 07-Oct-2011 | Current |
| Ronak Maheshwari | Company Secretary | 01-Jan-2020 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Maheshbhai Patel | Director | 08-Sep-2017 | Current |
| Vikas Jain | Whole-Time Director | 22-Nov-2010 | Current |
| Abhaykumar Jain | Whole-Time Director | 07-Oct-2011 | Current |
| Rakesh Mehtani | Director | 08-Sep-2017 | Current |
| Ajay Jain | Director | 22-Nov-2010 | Current |
| Neha Jain | Director | 06-Oct-1996 | 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)
Valley Velvette Private LimitedVikas Jain, Vijay Jain and 1 more are mutual person
- Heritage Decor Limited
Vijay Jain, Abhaykumar Jain and 1 more are mutual person
- Milton Exports (India) Pvt Ltd
Vijay Jain, Abhaykumar 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)
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
| 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.
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.
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