MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-09-0002120
Milestone Tubes Private Limited - manufacturing in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹90.28 Cr
▼ 1% YoY
Net profit · FY 2025
₹7.59 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹2.1 Cr
EBITDA margin 2.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹9.9 Cr
Satisfied ₹34.6 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
28
Provident fund records
About Milestone Tubes Private Limited
Data last updated:
Milestone Tubes Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 27 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27104GJ2004PTC044053. Its GSTIN is 24AAECM2849Q1ZY (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Amrutlal Naranbhai Patel and Kanaiyalal Manilal Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No130/1 Karai Rdvalad, Gandhinagar, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.28 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹7.59 Lakh (net margin 0.1%) and EBITDA of ₹2.1 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.9 Cr and satisfied charges of ₹34.6 Cr on record.
Milestone Tubes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0002120). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milestoneindia.in.
Company details
CIN U27104GJ2004PTC044053
Registration Number 044053
Incorporation Date 27 April 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-09-0002120
Key People
Amrutlal Naranbhai Patel Director Kanaiyalal Manilal Patel Director Rayjibhai Premjibhai Patel Director Recognitions & Rankings of Milestone Tubes
Contact details
Milestone Tubes Private Limited's registered office is in Gandhinagar, Gujarat. Its website is milestoneindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No130/1 Karai Rdvalad, Gandhinagar, Gujarat, India
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Milestone Tubes Private Limited, buy the company report.
Comprehensive company report
Milestone Tubes Private 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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Business activity
The main business activity of Milestone Tubes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Milestone Tubes Private Limited, buy the company report.
Financials of Milestone Tubes Private Limited
FY 2025 filings availableMilestone Tubes Private Limited reported revenue of ₹90.28 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹90.28 Cr ▼ 1%
Net profit · FY 2025
₹7.59 Lakh margin 0.1%
EBITDA · FY 2025
₹2.1 Cr margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 18%
5 years · compounded
▼ 3%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 22% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.59 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2.3% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Milestone Tubes Private Limited, buy the company report.
Board of directors of Milestone Tubes Private Limited
Milestone Tubes has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrutlal Naranbhai Patel | Director | 27 Apr 2004 | 22 Years 6 Months | Current |
| Kanaiyalal Manilal Patel | Director | 27 Apr 2004 | 22 Years 6 Months | Current |
| Rayjibhai Premjibhai Patel Also directs: Milestone Catalyst Private Limited | Director | 27 Apr 2004 | 22 Years 6 Months | Current |
| Sunilkumar Lalbhai Patel | Director | 27 Apr 2004 | 22 Years 6 Months | Current |
Peer comparison
Milestone Tubes Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhyaavee TMT Bars Private Limited | ₹91.16 Cr (FY 2025) | -61.0% | Mehsana, Gujarat, India | |||
| Ratanakar Wire Private Limited | ₹90.87 Cr (FY 2025) | 16.0% | Dhar, Madhya Pradesh, India | |||
| Milestone Tubes Private Limitedthis company | ₹90.28 Cr (FY 2025) | ₹7.59 Lakh | 0.1% | -1.0% | 28 | Gandhinagar, Gujarat, India |
| Bhagyashree Steel and Alloys Private Limited | ₹90.19 Cr (FY 2024) | 6.0% | Kotdwara, Uttarakhand, India | |||
| Savitri Sponge Iron Private Limited | ₹90.12 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Ahmednagar Alloys Private Limited | ₹90.1 Cr (FY 2022) | 83.0% | Ahmednagar, Maharashtra, India | |||
| Ganesh Steel Re-Rolling Mills Private Limited | ₹90.06 Cr (FY 2025) | -2.0% | Vijapur, Gujarat, India |
To see the full peer comparison of Milestone Tubes Private Limited, buy the company report.
Auditor
Milestone Tubes Private Limited is audited by NAYAN KHANT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAYAN KHANT & CO. | FY 2023 | 136709W |
Shareholding
The shareholding of Milestone Tubes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milestone Tubes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.9 Cr
Satisfied charges
₹34.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2020 | 100385136 | Others | ₹9.9 Cr | Open | |
| 01 Dec 2012 | 10393577 | Others | ₹10.5 Cr | Satisfied | |
| 01 Dec 2012 | 10393580 | The Ahmedabad Mercantile Co-Operative Bank Ltd. | ₹80 Lakh | Satisfied | |
| 31 Jan 2012 | 10334241 | The Cosmos Co-Op Bank Ltd. | ₹75 Lakh | Satisfied | |
| 12 Oct 2010 | 10248571 | The Cosmos Co-Operative Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Milestone Tubes Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Milestone Tubes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Milestone Tubes Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shreeji Steel Tech India Private Limited |
To see the full MSME payment records of Milestone Tubes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Milestone Tubes Private Limited has a workforce of 28 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
7.69%
GST
Milestone Tubes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM2849Q1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milestone Tubes Private Limited, buy the company report.
Recent activity
Milestone Tubes Private Limited has 4 board changes on record since 2004: 4 appointments. The latest: Amrutlal Naranbhai Patel was appointed as Director on 27 Apr 2004.
AGM
Milestone Tubes Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Milestone Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 9.90 Cr registered on 30 Oct 2020 with Charge ID 100385136 was modified on 29 Dec 2020.
Charges
A charge registered on 01 Dec 2012 via Charge ID 10393577 with Others was fully satisfied on 30 Nov 2020.
Charges
A charge with Others amounted to Rs. 9.90 Cr with Charge ID 100385136 was registered on 30 Oct 2020.
Charges
A charge with Others of Rs. 10.50 Cr registered on 01 Dec 2012 with Charge ID 10393577 was modified on 29 Oct 2018.
Charges
A charge registered on 01 Dec 2012 via Charge ID 10393580 with The Ahmedabad Mercantile Co-Operative Bank Ltd. was fully satisfied on 10 Dec 2014.
Charges
A charge with The Ahmedabad Mercantile Co-Operative Bank Ltd. of Rs. 0.80 Cr registered on 01 Dec 2012 with Charge ID 10393580 was modified on 31 Dec 2012.
Charges
A charge registered on 10 Nov 2009 via Charge ID 10188054 with The Cosmos Co-Operative Bank Ltd. was fully satisfied on 11 Dec 2012.
Charges
A charge registered on 09 Nov 2009 via Charge ID 10188050 with The Cosmos Co-Operative Bank Ltd. was fully satisfied on 11 Dec 2012.
Charges
A charge with The Ahmedabad Mercantile Co-Operative Bank Ltd. amounted to Rs. 0.80 Cr with Charge ID 10393580 was registered on 01 Dec 2012.
Charges
A charge with Others amounted to Rs. 10.50 Cr with Charge ID 10393577 was registered on 01 Dec 2012.
16 earlier events are in the company report.
Frequently asked questions
Milestone Tubes is an active private limited company based in Gandhinagar, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 27 April 2004 (22+ years old) and is registered under CIN U27104GJ2004PTC044053.
Milestone Tubes has 4 current directors:
- Amrutlal Naranbhai Patel - Director
- Kanaiyalal Manilal Patel - Director
- Rayjibhai Premjibhai Patel - Director
- Sunilkumar Lalbhai Patel - Director
The latest financial statements of Milestone Tubes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Milestone Tubes is 24AAECM2849Q1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Milestone Tubes is U27104GJ2004PTC044053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milestone Tubes was incorporated on 27 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Milestone Tubes by revenue are Dhyaavee TMT Bars Private Limited, Ratanakar Wire Private Limited, Bhagyashree Steel and Alloys Private Limited, Savitri Sponge Iron Private Limited, Ahmednagar Alloys Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Amrutlal Naranbhai Patel was appointed as Director on 27 Apr 2004. Kanaiyalal Manilal Patel was appointed as Director on 27 Apr 2004. Rayjibhai Premjibhai Patel was appointed as Director on 27 Apr 2004. Milestone Tubes has 4 board changes on record in total.
Yes, Milestone Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-09-0002120).
Milestone Tubes has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 18 Oct 2023.
Milestone Tubes can be reached through the website milestoneindia.in. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Milestone Tubes is at Survey No1301 Karai Rdvalad, Gandhinagar, Gujarat, India.
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