About Milestone Gears Limited
Data last updated: 09 January 2026
Milestone Gears Limited is a public limited company based in Parwanoo, Himachal Pradesh, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 27 April 1984, the company has been in operation for over 42 years.
Registered with ROC Himachal Pradesh under CIN U74110HP1984PTC005831.
Capital: an authorised share capital of ₹24 Cr and a paid-up capital of ₹18 Cr. Formerly known as Milestone Gears Private Limited. It is led by directors including Pankaj Kumar Budhiraja and Yudhisthir Lal Madan.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2024. Office: 58 Sector 1 Industrial Area District Solan, Parwanoo, Himachal Pradesh, India – 173220.
As per the financials filed for FY 2025, the company reported a revenue of ₹546.89 Cr, a growth of 2% compared to the previous year.
The company has a workforce of approximately 1,396 employees as per the latest available data.
The company is associated with 1 brand - Milestone Gears. As per MCA filings, the company has open charges of ₹641.64 Cr and satisfied charges of ₹209.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milestonegroup.co.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address58 Sector 1 Industrial Area District Solan, Parwanoo, Himachal Pradesh, India – 173220
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Milestone Gears Limited
Milestone Gears Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110HP1984PLC005831, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110HP1984PLC005831 | Current |
| U74110HP1984PTC005831 | Previous |
| U29130HP1984PTC005831 | Previous |
Associated Brands with Milestone Gears Limited
Milestone Gears Limited operates one associated brand: Milestone Gears. These brands represent Milestone Gears Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies transmission components to original equipment manufacturers. | milestonegroup.co.in |
Competitors & Alternatives of Milestone Gears Limited
Brands and companies operating in the same space as Milestone Gears Limited include Happy Forgings, Linamar, Gates and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happy Forgings
|
Drive transmission components are manufactured and supplied. | Ludhiana, India, India | 1973 |
Linamar
|
Motor vehicle and agricultural parts are manufactured and supplied. | Guelph, Canada, Canada | 1966 |
Gates
|
Transmission components are manufactured and supplied to the aftermarket. | Denver, United States, United States | 1911 |
Dana
|
Driveline technologies and components for electrified light vehicles are supplied. | Maumee, United States, United States | 1904 |
Ricardo
|
Drive transmission components are manufactured and supplied to OEMs. | - | 1915 |
Divgi TorqTransfer Systems
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Automotive transmission systems are manufactured and supplied to OEMs. | Pune, India, India | 1995 |
FPT Industrial
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Manufacturer and supplier of powertrain components | Turin, Italy, Italy | 2011 |
FEV
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Powertrain components for vehicles are manufactured and supplied by FEV. | Aachen, Germany, Germany | 1978 |
Kinetic Engineering
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Gears, shafts, transmission assemblies, and auto components are manufactured. | Pune, India, India | 1972 |
Auditor Details of Milestone Gears Limited
Milestone Gears Limited is audited by JR KHANNA & CO for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JR KHANNA & CO | blur-value | blur-value | blur-value |
Board of Directors of Milestone Gears Limited
Milestone Gears Limited is currently managed by 7 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kumar Budhiraja | Cfo | 01 Jul 2025 | 1 Years 0 Months | Current |
| Yudhisthir Lal Madan | Director | 29 Sep 2025 | 0 Years 9 Months | Current |
| Vivek Prakash | Director | 29 Sep 2025 | 0 Years 9 Months | Current |
| Aman Tandon | Managing Director | 01 Jan 2007 | 19 Years 6 Months | Current |
| Biresh Kumar Thakur | Ceo | 01 Jul 2025 | 1 Years 0 Months | Current |
| Ashok Kumar Tandon | Director | 27 Apr 1984 | 42 Years 2 Months | Current |
Financials of Milestone Gears Limited FY 2024 filings available
Milestone Gears Limited reported revenue of ₹546.89 Cr (up 2% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Milestone Gears Limited
As of FY 2024, Milestone Gears Limited's shareholding pattern shows 74.99% by promoters, 25.01% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Milestone Gears Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Aug 2025 | Hdfc Bank Limited | ₹22.66 Lakh | Open |
| 01 Jul 2025 | Hdfc Bank Limited | ₹30 Cr | Open |
| 12 Mar 2025 | Hdfc Bank Limited | ₹8.92 Lakh | Open |
| 24 Feb 2025 | Hdfc Bank Limited | ₹32.01 Lakh | Open |
| 05 Oct 2023 | Others | ₹24 Cr | Open |
Total charge records: 71 View all charges
Employees and EPFO Compliance at Milestone Gears Limited
Milestone Gears Limited has a workforce of 1,396 employees as of Sep 01, 2025.
Employee Count & EPFO Data of Milestone Gears Limited
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GST Compliance of Milestone Gears Limited
GSTIN & GST Filing Data of Milestone Gears Limited
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Credit Ratings, Litigation & Regulatory Alerts for Milestone Gears Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Milestone Gears Limited
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MSME Payment Delays by Milestone Gears Limited
MSME Payment Delays by Milestone Gears Limited
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Subsidiaries & Group Companies of Milestone Gears Limited
Subsidiaries & Group Companies of Milestone Gears Limited
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MCA Filings & Documents of Milestone Gears Limited
MCA Filings & Documents of Milestone Gears Limited
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Recent Activity on Milestone Gears Limited
Frequently Asked Questions about Milestone Gears Limited
Milestone Gears Limited is an active public limited company in the automotive sector based in Parwanoo, Himachal Pradesh, India. It was incorporated on 27 April 1984 (42+ years old) and is registered under CIN U74110HP1984PLC005831. The company has 1,396 employees.
Milestone Gears Limited reported revenue of ₹546.89 Cr for FY 2025 (up 2.00% YoY).
The current directors of Milestone Gears Limited are:
The primary industry of Milestone Gears Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Milestone Gears Limited can be reached at the registered office: 58 Sector 1 Industrial Area District Solan, Parwanoo, Himachal Pradesh, India – 173220, or through the website milestonegroup.co.in.
The authorised capital is ₹24 Cr, and the paid-up capital is ₹18 Cr.