MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-24-0000260
Mil Industries Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.78 Cr
▼ 8% YoY
Net profit · FY 2025
₹3.43 Cr
Net margin 9.3%
EBITDA · FY 2025
₹5.98 Cr
EBITDA margin 16.2%
Authorised capital
₹5.25 Cr
Registered with MCA
Paid-up capital
₹3.15 Cr
Issued & subscribed
Open charges
₹10.32 Cr
Satisfied ₹34.5 Cr
Company age
60 yrs
Est. 1966
Employees · EPFO
51
Provident fund records
About Mil Industries Limited
Data last updated:
Mil Industries Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 11 February 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L25199TN1966PLC005397. Its GSTIN is 33AAACM4380Q1Z5 (Tamil Nadu). It is a listed company as per MCA records.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹3.15 Cr. It was formerly known as Madras Industrial Linings Ltd. It is led by directors including Raghu Raman (Managing Director) and Ayyaswamy Rengarajan.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 25 – A Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.78 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.43 Cr (net margin 9.3%) and EBITDA of ₹5.98 Cr (EBITDA margin 16.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 10% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.32 Cr and satisfied charges of ₹34.5 Cr on record. Court records list 26 cases involving the company, including 21 filed by the company and 5 filed against it.
Mil Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0000260). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milindus.com.
Company details
CIN L25199TN1966PLC005397
Registration Number 005397
Incorporation Date 11 February 1966
ROC Chennai
Listing Status Listed
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-24-0000260
CIN history
Mil Industries has one previous CIN (Corporate Identification Number): U25199TN1966PLC005397. The current CIN is L25199TN1966PLC005397, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25199TN1966PLC005397 | Current |
| U25199TN1966PLC005397 | Previous |
Key People
Raghu Raman Managing Director Ayyaswamy Rengarajan Director Thangamani Karunanidhi Director Recognitions & Rankings of Mil Industries
Contact details
Mil Industries Limited's registered office is in Chennai, Tamil Nadu. Its website is milindus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address25 – A Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Mil Industries Limited, buy the company report.
Comprehensive company report
Mil Industries Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activity of Mil Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Mil Industries Limited, buy the company report.
Financials of Mil Industries Limited
FY 2025 filings availableMil Industries Limited reported revenue of ₹36.78 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹36.78 Cr ▼ 8%
Net profit · FY 2025
₹3.43 Cr margin 9.3%
EBITDA · FY 2025
₹5.98 Cr margin 16.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 13%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 16%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 8% fall in the latest year. EBITDA fell 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.43 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Mil Industries Limited, buy the company report.
Board of directors of Mil Industries Limited
Mil Industries has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayyaswamy Rengarajan | Director | 05 Nov 2020 | 5 Years 11 Months | Current |
| Thangamani Karunanidhi | Director | 12 Feb 2025 | 1 Years 8 Months | Current |
| Aakansha Anand | Director | 29 Dec 2023 | 2 Years 9 Months | Current |
| Raman Ramesh | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
| Raghu Raman | Managing Director | 14 Nov 2023 | 2 Years 11 Months | Current |
| Sekhar Ramani | Director | 14 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Mil Industries Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aligarh Tubes and Shutter Private Limited | ₹37.91 Cr (FY 2025) | 12.0% | Patna, Bihar, India | |||
| Dagar Industries Private Limited | ₹37 Cr (FY 2025) | 3.0% | Jaipur, Rajasthan, India | |||
| Mil Industries Limitedthis company | ₹36.78 Cr (FY 2025) | ₹3.43 Cr | 9.3% | -8.0% | 51 | Chennai, Tamil Nadu, India |
| Hi -Tech Polyplast and Irrigation Private Limited | ₹36.42 Cr (FY 2024) | 228.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Mil Industries Limited, buy the company report.
Auditor
Mil Industries Limited is audited by Venkat & Rangaa LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venkat & Rangaa LLP | FY 2024 | 004597S |
Shareholding
The shareholding of Mil Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mil Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹10.32 Cr
Satisfied charges
₹34.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 1989 | 90299876 | Technology Devlopment and Information Companyof India Ltd. | ₹17 Lakh | Open | |
| 10 Aug 1988 | 90299800 | Industrial Reconstruction Bank of India | ₹45 Lakh | Open | |
| 06 Jun 1969 | 90298837 | Others | ₹9.7 Cr | Open | |
| 14 Jan 2015 | 10546463 | The Hongkong and Shanghai Banking Corporation Limited | ₹7 Cr | Satisfied | |
| 21 Mar 2007 | 10042864 | President of India | ₹2.9 Cr | Satisfied |
To see the full charge records of Mil Industries Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Mil Industries Limited has 26 court cases on record: 21 filed by Mil Industries, 5 filed against it. All cases are disposed.
Total cases
26
Filed by the company
21
Filed against the company
5
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 5 | 0 |
| District courts | 3 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Mardia Chemicals Ltd. | Disposed |
| District court, Tiruvallur, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Mil Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mil Industries Limited was last rated by Indiarating on 20 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 20 Jan 2023 |
To see the full credit ratings and regulatory alerts of Mil Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mil Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mil Industries Limited has a workforce of 51 employees on its EPFO records as of Sep 13, 2025, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-20.31%
GST
Mil Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACM4380Q1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mil Industries Limited, buy the company report.
Recent activity
Mil Industries Limited has 24 board changes on record since 1966: 15 appointments and 9 cessations. The latest: Noman Hatimbhai Millwala ceased to be Director on 24 Sep 2025.
AGM
Mil Industries Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Ceased
Noman Hatimbhai Millwala ceased to be Director.
Filing
Mil Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Thangamani Karunanidhi was appointed as Director.
Ceased
Annavipillai Ponnusamy ceased to be Director.
Charges
A charge with Others of Rs. 9.70 Cr registered on 06 Jun 1969 with Charge ID 90298837 was modified on 10 Jun 2024.
Ceased
Janakar ceased to be Director.
Ceased
Rajiv Sreedhar ceased to be Managing Director.
Appointed
Aakansha Anand was appointed as Director.
Appointed
Raghu Raman was appointed as Managing Director.
Appointed
Raman Ramesh was appointed as Director.
Appointed
Sekhar Ramani was appointed as Director.
47 earlier events are in the company report.
Frequently asked questions
Mil Industries is an active public limited company based in Chennai, Tamil Nadu, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 11 February 1966 (60+ years old) and is registered under CIN L25199TN1966PLC005397.
Mil Industries has 6 current directors:
- Raghu Raman - Managing Director
- Ayyaswamy Rengarajan - Director
- Thangamani Karunanidhi - Director
- Aakansha Anand - Director
- Raman Ramesh - Director
- Sekhar Ramani - Director
The latest financial statements of Mil Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mil Industries is 33AAACM4380Q1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mil Industries is L25199TN1966PLC005397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mil Industries is a listed company as per MCA records.
Mil Industries has 26 court cases on record: 21 filed by the company and 5 filed against it. Most are in the high courts.
Mil Industries was incorporated on 11 February 1966, making it 60+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mil Industries by revenue are Aligarh Tubes and Shutter Private Limited, Dagar Industries Private Limited, Hi -Tech Polyplast and Irrigation Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Noman Hatimbhai Millwala ceased to be Director on 24 Sep 2025. Thangamani Karunanidhi was appointed as Director on 12 Feb 2025. Annavipillai Ponnusamy ceased to be Director on 03 Feb 2025. Mil Industries has 24 board changes on record in total.
Yes, Mil Industries is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0000260).