---
title: "Millennium Beer Industries Ltd(merged) (INERTIAIND) — Share Price, Financials & Analysis"
symbol: "INERTIAIND"
company: "Millennium Beer Industries Ltd(merged)"
canonical: "https://tapetide.com/stocks/INERTIAIND"
sector: "Fast Moving Consumer Goods"
industry: "Beverages"
generated_at: "2026-09-13T18:33:49.500Z"
---

# Millennium Beer Industries Ltd(merged) (INERTIAIND)

Canonical page: https://tapetide.com/stocks/INERTIAIND

## Company

- **Sector:** Fast Moving Consumer Goods
- **Industry:** Beverages
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** DELISTED
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** mbil.in

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Earnings include an other income of Rs.5.58 Cr.
- Debtor days have increased from 85.3 to 103 days.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 46% | 13% |
| revenue growth | 22% | 28% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Sales | 97 | 136 | 188 | 234 | 285 |
| Expenses | 102 | 137 | 178 | 233 | 279 |
| Operating Profit | -5 | -1 | 10 | 1 | 6 |
| OPM % | -4.8 | -1 | 5 | 0.6 | 2.1 |
| Other Income | 7 | 7 | 5 | 4 | 6 |
| Interest | 25 | 8 | 7 | 5 | 4 |
| Depreciation | 8 | 8 | 12 | 14 | 15 |
| Profit before tax | -32 | -11 | -4 | -13 | -7 |
| Tax % | 0 | 3 | -3 | 1 | 0 |
| Net Profit | -32 | -11 | -4 | -13 | -7 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 55 | 55 | 5 | 5 | 5 |
| Reserves | -244 | -255 | -193 | -207 | -214 |
| Borrowings | 271 | 103 | 282 | 268 | 254 |
| Other Liabilities | 45 | 264 | 65 | 117 | 189 |
| Total Liabilities | 127 | 166 | 159 | 184 | 235 |
| Fixed Assets | 49 | 55 | 82 | 97 | 88 |
| CWIP | 0 | 6 | 4 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 77 | 105 | 74 | 86 | 147 |
| Total Assets | 127 | 166 | 159 | 184 | 235 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -2 | 14 | 21 | 50 | 28 |
| Cash from Investing Activity | 1 | -18 | -19 | -26 | -5 |
| Cash from Financing Activity | 4 | 9 | -6 | -19 | -18 |
| Net Cash Flow | 3 | 5 | -5 | 5 | 6 |
| Free Cash Flow | -1 | -4 | 1 | 24 | 23 |
| CFO/OP | 43 | -1073 | 206 | 3832 | 472 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 188 | 172 | 88 | 64 | 103 |
| Inventory Days | 206 | 239 | 156 | 126 | 222 |
| Days Payable | 521 | 313 | 231 | 149 | 223 |
| Cash Conversion Cycle | -127 | 98 | 13 | 41 | 103 |
| Working Capital Days | 102 | -453 | 9 | -63 | -73 |
| ROCE % | — | — | — | -10 | -6 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 7 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 31.51 | Buy |
| EMA (10) | 31.81 | Buy |
| SMA (20) | 32.18 | Sell |
| EMA (20) | 31.88 | Buy |
| SMA (50) | 32.26 | Sell |
| EMA (50) | 32.28 | Sell |
| SMA (100) | 32.61 | Sell |
| EMA (100) | 33.18 | Sell |
| SMA (200) | 35.58 | Sell |
| EMA (200) | 35.09 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.46 | Neutral |
| MACD (12,26,9) | -0.14 | Buy |
| Stochastic (14,3,3) | 63.51 | Neutral |
| ADX (14) | 16.03 | Neutral |
| Williams %R (14) | -45.3 | Neutral |
| ATR (14) | 3.45 | High Volatility |
| ROC (12) | -1.77 | Sell |
| Stoch RSI (14) | 64.87 | Neutral |
| UO (7,14,28) | 46.32 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:33:49.500Z.