Milton Industries
Consumer Goods
MILTON NSE
₹52.50 −1.45 (−2.69%)
Close 4 Nov 2026 ₹52.50 +27.65 +111% since 24 Nov 2025
Start ₹24.85
Key Fundamentals
SMEConsumer DurablesConsumer DiscretionaryPrice-based figures as of · TTM
- ROCE
- 5.98%
- Debt to Equity
- 0.34
- EPS (TTM)
- —
- Book Value
- ₹28.97
- Market Cap
- —
- P/E (TTM)
- —
- P/B
- 1.81
- ROE
- 3.72%
- Dividend Yield
- 0.00%
- EBITDA
- ₹5.20 Cr
- 52W High
- ₹54.45
- 52W Low
- ₹24.85
- Day Range
- ₹51.30 – ₹52.50
- Volume
- 39,600
Peer Comparison
Consumer Discretionary › Consumer Goods › Plywood Boards & Laminates › Plywood Boards/ Laminates
| ₹657.70 | 50.24 | ₹14,747 Cr | 5.60 | 0.15% | 10.80% | 11.50% | ₹5,789 Cr | ₹298 Cr | |
| ₹215.00 | 58.90 | ₹5,446 Cr | 4.65 | 0.19% | 5.02% | 8.12% | ₹3,169 Cr | ₹93 Cr | |
| ₹2,924.50 | 29.26 | ₹4,987 Cr | 5.52 | 0.09% | 19.90% | 26.60% | ₹1,173 Cr | ₹169 Cr | |
| ₹260.25 | 32.98 | ₹3,295 Cr | 3.36 | 0.19% | 11.80% | 14.30% | ₹2,863 Cr | ₹99 Cr | |
| ₹187.21 | 22.18 | ₹1,754 Cr | 6.17 | 0.12% | 29.30% | 36.90% | ₹374 Cr | ₹89 Cr | |
| ₹135.32 | 246.04 | ₹1,688 Cr | 1.23 | 0.38% | −2.13% | −0.40% | ₹1,561 Cr | ₹7 Cr | |
| ₹17.97 | 23.34 | ₹511 Cr | 0.83 | 0.32% | 1.04% | 4.50% | ₹912 Cr | ₹22 Cr | |
| Milton Industries (this company) | ₹52.50 | — | ₹87 Cr | 1.81 | 0.00% | 3.72% | 5.98% | — | — |
| Median 8 companies | ₹201.11 | 32.98 | ₹2,524 Cr | 4.01 | 0.17% | 7.91% | 9.81% | ₹1,561 Cr | ₹93 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Key Insights
No strengths listed
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.92% over past five years.
- Company has a low return on equity of 4.43% over last 3 years.
- Company has high debtors of 163 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 5 | 1 | 13 |
| Oscillators | Strong Bearish | 5 | 1 | 3 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Strong Bearish
Bearish
5
Neutral
1
Bullish
3
Overall
Strong Bullish
Bearish
5
Neutral
1
Bullish
13
Moving Averages
Strong Bullish
Bearish
0
Neutral
0
Bullish
10
Key readings
- RSI (14)
- 74.99
- Bearish
- MACD (12,26,9)
- 3.89
- Bullish
- SMA (50)
- 38.41
- Bullish
- SMA (200)
- 38.75
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.
Revenue
| 10Y | +1.01% |
|---|---|
| 5Y | +1.92% |
| 3Y | −8.68% |
| 1Y | +5.07% |
Net profit
| 10Y | +23.39% |
|---|---|
| 5Y | −7.44% |
| 3Y | −14.40% |
| 1Y | +50.00% |
Operating cash flow
| 10Y | +19.61% |
|---|---|
| 5Y | +0.51% |
| 3Y | Turned positive |
| 1Y | Turned positive |
Operating margin· change in pp
| 10Y | −0.93 pp |
|---|---|
| 5Y | −5.29 pp |
| 3Y | −0.08 pp |
| 1Y | +3.50 pp |
Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.
Revenue by year
| Mar 2017 | ₹43.47 Cr |
|---|---|
| Mar 2018 | ₹39.01 Cr |
| Mar 2019 | ₹53.79 Cr |
| Mar 2020 | ₹68.16 Cr |
| Mar 2021 | ₹42.19 Cr |
| Mar 2022 | ₹59.66 Cr |
| Mar 2023 | ₹60.95 Cr |
| Mar 2024 | ₹89.06 Cr |
| Mar 2025 | ₹44.17 Cr |
| Mar 2026 | ₹46.41 Cr |
Net profit by year
| Mar 2017 | ₹0.94 Cr |
|---|---|
| Mar 2018 | ₹1.30 Cr |
| Mar 2019 | ₹1.96 Cr |
| Mar 2020 | ₹3.48 Cr |
| Mar 2021 | ₹2.65 Cr |
| Mar 2022 | ₹3.25 Cr |
| Mar 2023 | ₹2.87 Cr |
| Mar 2024 | ₹3.19 Cr |
| Mar 2025 | ₹1.20 Cr |
| Mar 2026 | ₹1.80 Cr |
Half-yearly Results
₹ Cr| Particulars | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39.43 | 18.83 | 23.35 | 25.59 | 34.07 | 29.4 | 31.55 | 41.1 | 47.96 | 22.26 | 21.92 | 22.01 | 24.4 |
| Expenses | 33.71 | 15.63 | 20.3 | 23.2 | 30.17 | 26.85 | 28.25 | 38.97 | 43.07 | 20.93 | 20.59 | 19.98 | 22.01 |
| Operating Profit | 5.72 | 3.2 | 3.05 | 2.39 | 3.9 | 2.55 | 3.3 | 2.13 | 4.89 | 1.33 | 1.33 | 2.03 | 2.39 |
| OPM % | 14.51% | 16.99% | 13.06% | 9.34% | 11.45% | 8.67% | 10.46% | 5.18% | 10.2% | 5.97% | 6.07% | 9.22% | 9.8% |
| Other Income | −0.56 | 0.34 | 0.21 | 0.58 | 0.12 | 0.18 | 0.09 | 0.01 | 0.23 | 0.58 | 1.21 | 0.02 | 0.77 |
| Interest | 1.18 | 0.99 | 0.78 | 0.81 | 0.47 | 0.4 | 0.57 | 0.86 | 1.02 | 0.81 | 0.88 | 0.79 | 0.77 |
| Depreciation | 0.8 | 0.69 | 0.6 | 0.64 | 0.8 | 0.72 | 0.35 | 0.54 | 0.55 | 0.55 | 0.62 | 0.58 | 0.62 |
| PBT | 3.18 | 1.86 | 1.88 | 1.52 | 2.75 | 1.61 | 2.47 | 0.74 | 3.55 | 0.55 | 1.04 | 0.68 | 1.77 |
| Tax % | 44.34% | 0% | 57.98% | 0% | 36.73% | 0% | 48.58% | 0% | 31.27% | 0% | 30.77% | 0% | 36.72% |
| Net Profit | 1.77 | 1.86 | 0.79 | 1.51 | 1.74 | 1.6 | 1.27 | 0.75 | 2.44 | 0.55 | 0.72 | 0.68 | 1.12 |
| EPS (₹) | 1.04 | 1.09 | 0.46 | 0.89 | 1.02 | 0.94 | 0.75 | 0.44 | 1.44 | 0.32 | 0.42 | 0.4 | 0.66 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 41.6 | 41.99 | 43.47 | 39.01 | 53.79 | 68.16 | 42.19 | 59.66 | 60.95 | 89.06 | 44.17 | 46.41 |
| Expenses | 38.42 | 37.6 | 38.78 | 34.69 | 49.4 | 59.92 | 35.94 | 53.38 | 55.1 | 82.04 | 41.51 | 41.99 |
| Operating Profit | 3.18 | 4.39 | 4.69 | 4.32 | 4.39 | 8.24 | 6.25 | 6.28 | 5.85 | 7.02 | 2.66 | 4.42 |
| OPM % | 7.64% | 10.45% | 10.79% | 11.07% | 8.16% | 12.09% | 14.81% | 10.53% | 9.6% | 7.88% | 6.02% | 9.52% |
| Other Income | 0.68 | 0.05 | 0.17 | 0.59 | 1.49 | 0.13 | 0.55 | 0.7 | 0.27 | 0.24 | 1.75 | 0.79 |
| Interest | 2.06 | 2.15 | 2.29 | 2.31 | 1.88 | 2.06 | 1.77 | 1.28 | 0.97 | 1.88 | 1.69 | 1.56 |
| Depreciation | 0.85 | 1.05 | 1.27 | 1.27 | 1.24 | 1.41 | 1.29 | 1.45 | 1.08 | 1.09 | 1.17 | 1.2 |
| PBT | 0.95 | 1.24 | 1.3 | 1.33 | 2.76 | 4.9 | 3.74 | 4.25 | 4.07 | 4.29 | 1.55 | 2.45 |
| Tax % | 33.68% | 82.26% | 27.69% | 2.26% | 28.99% | 28.78% | 29.14% | 23.53% | 29.48% | 25.64% | 23.23% | 26.94% |
| Net Profit | 0.63 | 0.22 | 0.94 | 1.3 | 1.96 | 3.48 | 2.65 | 3.25 | 2.87 | 3.19 | 1.2 | 1.8 |
| EPS (₹) | 1.15 | 0.4 | 1.71 | 0.76 | 1.15 | 2.05 | 1.56 | 1.91 | 1.69 | 1.88 | 0.71 | 1.06 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 15.45 | 15.45 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 6.92 | 7.17 | 8.27 | 13.4 | 15.36 | 17.3 | 19.94 | 23.2 | 26.07 | 29.25 | 30.45 | 32.25 |
| Borrowings | 20.56 | 23.58 | 22.84 | 21.89 | 16.39 | 16.39 | 12.68 | 8.89 | 16.46 | 15.22 | 20.42 | 16.93 |
| Other Liabilities | 15.19 | 12.76 | 19.52 | 18.82 | 15.64 | 20.62 | 14.71 | 12.63 | 14.56 | 11.68 | 8.15 | 8.81 |
| Total Liabilities | 47.67 | 48.51 | 55.63 | 69.56 | 62.84 | 71.31 | 64.33 | 61.72 | 74.09 | 73.15 | 76.02 | 74.99 |
| Fixed Assets | 5.5 | 12.63 | 12.24 | 10.98 | 10.82 | 12.27 | 13.21 | 12.66 | 12.41 | 11.58 | 10.94 | 10.07 |
| CWIP | 6.32 | 0.42 | 0.28 | 0.47 | 0.04 | 0 | 0.24 | 0 | 0 | 0 | 0.45 | 0.95 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 35.85 | 35.46 | 43.11 | 58.11 | 51.98 | 59.04 | 50.88 | 49.06 | 61.68 | 61.57 | 64.63 | 63.97 |
| Total Assets | 47.67 | 48.51 | 55.63 | 69.56 | 62.84 | 71.31 | 64.33 | 61.72 | 74.09 | 73.15 | 76.02 | 74.99 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 5.07 | 1.32 | 3.26 | −11.3 | 6.3 | 5.2 | 7.71 | 8.1 | −8.35 | 2.24 | −2.76 | 7.91 |
| Investing | −6.21 | −2.21 | −0.51 | 0.29 | 0.75 | −3.06 | −2 | −0.33 | 0.78 | −0.02 | 0.57 | −0.04 |
| Financing | 1.21 | 1.13 | −2.78 | 11.35 | −7.13 | −1.64 | −5.37 | −5.1 | 6.22 | −3.13 | 3.51 | −5.05 |
| Net Cash Flow | 0.07 | 0.23 | −0.04 | 0.33 | −0.08 | 0.51 | 0.34 | 2.67 | −1.34 | −0.9 | 1.32 | 2.82 |
| Free Cash Flow | −1.18 | −0.94 | 2.58 | −11.51 | 5.65 | 2.37 | 5.24 | 7.45 | −7.63 | 2.22 | −3.74 | 7.08 |
| CFO/OP | 167 | 39 | 74 | −256 | 151 | 69 | 148 | 157 | −115 | 31 | −60 | 190 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69.58 | 86.4 | 130 | 156 | 141 | 149 | 225 | 123 | 159 | 100 | 170 | 163 |
| Inventory Days | 241 | 243 | 252 | 362 | 177 | 154 | 302 | 218 | 225 | 145 | 381 | 372 |
| Days Payable | 123 | 69.8 | 144 | 180 | 90.3 | 97.73 | 138 | 76.09 | 97.6 | 39.45 | 72.31 | 71.57 |
| Cash Conversion Cycle | 188 | 260 | 237 | 339 | 227 | 205 | 390 | 265 | 286 | 206 | 478 | 464 |
| Working Capital Days | 84.84 | 77.02 | 75.4 | 217 | 170 | 143 | 258 | 171 | 190 | 149 | 294 | 262 |
| ROCE % | 8.67% | 9.94% | 9.99% | 8.41% | 9.48% | 14.22% | 10.99% | 11.2% | 9.28% | 10.2% | 5.01% | 5.98% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Milton Industries insights
56 extracted metrics across FY15–FY26.
Documents
- 24 Feb 2026
- 4 Feb 2026
- 27 Nov 2024
- 26 Nov 2024
- 22 Nov 2023
- 30 Sep 2026
- 28 Sep 2026
- 28 Sep 2026
- 7 Sep 2026
- 6 Sep 2026
Frequently Asked Questions about Milton Industries
What does Milton Industries Ltd do?
Incorporated in 1985, Milton Industries Ltd primarily operates in laminate segments.
Where is Milton Industries Ltd (MILTON) listed?
Milton Industries Ltd trades as MILTON on the NSE.
Which sector does Milton Industries Ltd belong to?
Milton Industries Ltd is classified under the Consumer Goods sector, in the Plywood Boards & Laminates industry.
What is the 52-week high and low of Milton Industries Ltd?
Over the last 52 weeks Milton Industries Ltd has traded between ₹24.85 and ₹54.45 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Milton Industries Ltd?
Milton Industries Ltd reported a return on equity of 3.72%. Its debt-to-equity ratio is 0.34.
Company Information
Incorporated in 1985, Milton Industries Ltd primarily operates in laminate segments.
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