Milestone Furniture
Milestone Furniture
Consumer GoodsKey Fundamentals
SMEHome FurnishingConsumer GoodsTapetide Score
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Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 1.04 times its book value
Weaknesses
2- Company has low interest coverage ratio.
- Company has a low return on equity of -2.33% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.56 | 0.24 | 0.19 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.29 | 0.28 | 1.05 | 0.1 | 0.08 | 1.29 | 2.52 | -2.51 | 0.04 | 0.11 | 0.08 | 0.01 | 0.01 |
| Operating Profit | 0.27 | -0.04 | -0.86 | -0.07 | -0.08 | -1.29 | -2.52 | 2.51 | -0.04 | -0.11 | -0.08 | -0.01 | -0.01 |
| OPM % | 48.21% | -16.67% | -452.63% | -233.33% | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.18 | 0.04 | 0.1 | 0.22 | 0.16 | 0 | 0.09 | 0.55 | 0.24 | 0.24 | 0.2 | 0.2 | 0.16 |
| PBT | 0.09 | -0.08 | -0.96 | -0.29 | -0.24 | -1.29 | -2.61 | 1.96 | -0.28 | -0.35 | -0.28 | -0.21 | -0.17 |
| Tax % | 22.22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0.07 | -0.07 | -0.96 | -0.29 | -0.24 | -1.29 | -2.62 | 1.96 | -0.28 | -0.35 | -0.28 | -0.21 | -0.17 |
| EPS in Rs | 0.08 | -0.08 | -1.03 | -0.31 | -0.26 | -1.39 | -2.82 | 2.11 | -0.3 | -0.38 | -0.3 | -0.23 | -0.18 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.29 | 5.52 | 8.81 | 25.31 | 8.16 | 0.8 | 0.22 | 0 | 0 | 0 | 0 |
| Expenses | 3.22 | 5.2 | 8.15 | 22.68 | 7.58 | 0.56 | 1.15 | 1.37 | 0.02 | 0.15 | 0.09 |
| Operating Profit | 0.07 | 0.32 | 0.66 | 2.63 | 0.58 | 0.24 | -0.93 | -1.37 | -0.02 | -0.15 | -0.09 |
| OPM % | 2.13% | 5.8% | 7.49% | 10.39% | 7.11% | 30% | -422.73% | — | — | — | — |
| Other Income | 0.04 | 0 | 0.13 | 0.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0.05 | 0.79 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.04 | 0.24 | 0.43 | 0.35 | 0.22 | 0.32 | 0.16 | 0.64 | 0.48 | 0.39 |
| PBT | 0.08 | 0.28 | 0.5 | 1.49 | 0.13 | 0.02 | -1.25 | -1.53 | -0.66 | -0.63 | -0.48 |
| Tax % | 37.5% | 28.57% | 36% | 22.15% | 30.77% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0.05 | 0.2 | 0.32 | 1.16 | 0.09 | 0.01 | -1.25 | -1.53 | -0.66 | -0.63 | -0.48 |
| EPS in Rs | 50 | 200 | 1.07 | 1.93 | 0.1 | 0.01 | -1.34 | -1.65 | -0.71 | -0.68 | -0.52 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 3 | 6 | 9.3 | 9.3 | 9.3 | 9.3 | 9.3 | 9.3 | 9.3 |
| Reserves | 0.09 | 0.61 | 1.01 | 9.37 | 19.72 | 19.73 | 18.47 | 16.94 | 16.29 | 15.66 | 15.17 |
| Borrowings | 0.83 | 0.71 | 0.82 | 5.81 | 0.37 | 0.15 | 0.15 | 0.28 | 0.28 | 0.42 | 0.5 |
| Other Liabilities | 1.25 | 0.97 | 0.51 | 1.2 | 1.29 | 0.28 | 0.18 | 0.17 | 0.17 | 0.18 | 0.2 |
| Total Liabilities | 2.18 | 2.3 | 5.34 | 22.38 | 30.68 | 29.46 | 28.1 | 26.69 | 26.04 | 25.56 | 25.17 |
| Fixed Assets | 0.33 | 0.35 | 0.78 | 4.92 | 4.57 | 4.35 | 4.03 | 3.87 | 3.23 | 2.75 | 2.36 |
| CWIP | 0 | 0.03 | 0 | 0 | 1.65 | 1.65 | 1.65 | 1.65 | 1.65 | 1.65 | 1.65 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1.85 | 1.92 | 4.56 | 17.46 | 24.46 | 23.46 | 22.42 | 21.17 | 21.16 | 21.16 | 21.16 |
| Total Assets | 2.18 | 2.3 | 5.34 | 22.38 | 30.68 | 29.46 | 28.1 | 26.69 | 26.04 | 25.56 | 25.17 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 0 | 0 | -6.3 | 0.08 | 0.02 | -0.12 | 0 | -0.14 | -0.08 |
| Investing | — | — | 0 | 0 | -1.65 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing | — | — | 0 | 0 | 8.02 | -0.22 | 0 | 0.12 | 0 | 0.14 | 0.08 |
| Net Cash Flow | — | — | 0 | 0 | 0.07 | -0.14 | 0.01 | 0 | 0 | 0 | 0 |
| Free Cash Flow | — | — | 0 | 0 | -7.95 | 0.08 | 0.02 | -0.12 | 0 | -0.14 | -0.08 |
| CFO/OP | — | — | 0 | 0 | -1,079 | 38 | -2 | 9 | 0 | 93 | 89 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87.64 | 52.24 | 67.12 | 82.92 | 239 | 2,135 | 7,433 | — | — | — | — |
| Inventory Days | 141 | 77.61 | 101 | 84.64 | 246 | — | — | — | — | — | — |
| Days Payable | 103 | 28.43 | 25.74 | 15.26 | 66.61 | — | — | — | — | — | — |
| Cash Conversion Cycle | 126 | 101 | 143 | 152 | 418 | 2,135 | 7,433 | — | — | — | — |
| Working Capital Days | 65.46 | 58.85 | 122 | 89.27 | 805 | 8,276 | 28,520 | — | — | — | — |
| ROCE % | — | 24.78% | 17.86% | 17.53% | 0.91% | 0.07% | -4.38% | -5.62% | -2.52% | -2.46% | -1.91% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
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Company Information
Incorporated in 2014, Milestone Furniture Ltd manufactures home and office furniture and also does home and office designing[1]
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