Milo Tile LLP - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAN-0417 Incorporated 27 July 2018 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Limited Liability Partnership manufacturing
Data last updated
Revenue · FY 2021
₹48.49 Cr
▼ 6% YoY
Net profit · FY 2021
₹18.32 Lakh
Net margin 0.4%
EBITDA · FY 2021
₹10.12 Cr
EBITDA margin 20.9%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹31.19 Cr
Satisfied ₹15.1 Cr
LLP age
8 yrs
Est. 2018
Employees · EPFO
13
Provident fund records
Designated partners
6
As per MCA filings

About Milo Tile LLP

Data last updated:

Milo Tile LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 27 July 2018 and has been in existence for over 8 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAN-0417. Its GSTIN is 24AAIFC1446Q1Z7 (Gujarat).

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Milankumar Rameshbhai Bhalodia and Rameshbhai Vasrambhai Bhalodia.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Morbi, Gujarat.

As per the financials filed for FY 2021, the LLP reported a revenue of ₹48.49 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹18.32 Lakh (net margin 0.4%) and EBITDA of ₹10.12 Cr (EBITDA margin 20.9%).

The LLP has about 13 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹31.19 Cr and satisfied charges of ₹15.1 Cr on record. Court records list 4 cases involving the LLP, including 1 filed by the LLP and 3 filed against it; 2 cases are pending. The LLP has 1 deal on record (1 secondary share transfer); the latest was in August 2018.

Company Details of Milo Tile LLP
LLPIN AAN-0417
Incorporation Date 27 July 2018
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
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  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Revenue Survey No. 76 Rafaleshwar Road B/H. Shivam Estate Jodhpar Nadi – 3636, 41, Morbi, Gujarat, India – 363641
  • Industry
    Manufacturing, Ceramics, Sanitaryware & Tile
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Financials, compliance, directors, charges, ownership and filings for Milo Tile LLP in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Financials of Milo Tile LLP FY 2025 filings available

Milo Tile LLP reported revenue of ₹48.49 Cr (down 6% YoY) for FY 2021.

Revenue · FY 2021
₹48.49 Cr ▼ 6%
Net profit · FY 2021
₹18.32 Lakh margin 0.4%
EBITDA · FY 2021
₹10.12 Cr margin 20.9%

Compounded Annual Growth Rate (CAGR) of Milo Tile LLP

Revenue CAGR growth
1 year
▼ 6%
EBITDA CAGR growth
1 year
▲ 167%

Revenue fell 6% in the latest year. EBITDA rose 167% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Milo Tile LLP

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover••••••••••••
Other Income••••••••••••
Total Income••••••••••••
Purchases and Direct Costs••••••••••••
Personnel Expenses••••••••••••
Administrative Expenses••••••••••••
Interest••••••••••••
Depreciation••••••••••••
Total Expenses••••••••••••
Profit Before Tax••••••••••••
Tax••••••••••••
Profit After Tax₹18.32 Lakh••••••••
Profit Transferred to Partners••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••
Reserves and Surplus••••••••••••
Secured Loans••••••••••••
Unsecured Loans••••••••••••
Trade Payables••••••••••••
Other Liabilities and Provisions••••••••••••
Total Liabilities••••••••••••
Fixed Assets••••••••••••
Investments••••••••••••
Loans and Advances••••••••••••
Inventories••••••••••••
Trade Receivables••••••••••••
Cash and Bank Balance••••••••••••
Total Assets••••••••••••

Financial Ratios of Milo Tile LLP

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin0.4%••••••••
Return on Partners' Funds••••••••••••
Return on Assets••••••••••••
Liquidity and Debt
Current Ratio••••••••••••
Debt to Partners' Funds••••••••••••
Interest Coverage••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••
Receivable Days••••••••••••
Turnover Growth••••••••••••
Profit Growth••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Milo Tile are in the company report.

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Financial statements from FY 2019

Earlier years and trend charts are in the company report.

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Designated Partners of Milo Tile LLP

Milo Tile has 6 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Milankumar Rameshbhai BhalodiaDesignated Partner27 Jul 20188 Years 2 MonthsCurrent
Rameshbhai Vasrambhai BhalodiaDesignated Partner27 Jul 20188 Years 2 MonthsCurrent
Sweta Kevinbhai BhalodiyaDesignated Partner14 Aug 20188 Years 2 MonthsCurrent
Kevin Rameshbhai BhalodiyaDesignated Partner27 Jul 20188 Years 2 MonthsCurrent
Ansuyaben Rameshbhai BhalodiaDesignated Partner27 Jul 20188 Years 2 MonthsCurrent
Jalpa Milanbhai BhalodiaDesignated Partner27 Jul 20188 Years 2 MonthsCurrent

Ownership and Shareholding of Milo Tile LLP

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Shareholding and ownership data

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Charges & Borrowings of Milo Tile LLP

Open charges
₹31.19 Cr
Satisfied charges
₹15.1 Cr
Breakdown by lending institutions
Axis Bank Limited₹31.19 Cr
Latest charge details
DateLenderAmountStatus
19 Dec 2020Axis Bank Limited₹15.59 CrOpen
03 Oct 2020Axis Bank Limited₹15.59 CrOpen
29 Mar 2019Saurashtra Gramin Bank₹15.1 CrSatisfied

Total charge records: 3 View all charges

Deals & Funding of Milo Tile LLP

Milo Tile LLP has 1 deal on record (1 secondary share transfer); the latest was in August 2018.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Aug 2018Secondary share transferUndisclosedBuyer: Cera Sanitaryware Limited
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Full deal history

All 1 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Milo Tile LLP

Milo Tile LLP has a workforce of 13 employees as of Apr 08, 2024.

Employee count
13
Active EPFO establishments
1
Employee growth
-13.33%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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Recent Activity on Milo Tile LLP

Milo Tile LLP has 10 designated partner changes on record since 2018: 6 appointments and 4 cessations. The latest: Ansuyaben Rameshbhai Bhalodia ceased to be Designated Partner on 18 Mar 2025.

AGM
Milo Tile Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Milo Tile Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ansuyaben Rameshbhai Bhalodia ceased to be Designated Partner.
Ceased
Anupam Gupta ceased to be Partner.
Ceased
Rameshbhai Vasrambhai Bhalodia ceased to be Designated Partner.
Ceased
Atul Sanghvi ceased to be Designated Partner.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,559.28 Lakh with Charge ID 100409728 was registered on 19 Dec 2020.
Charges
A charge registered on 29 Mar 2019 via Charge ID 100255292 with Saurashtra Gramin Bank was fully satisfied on 21 Nov 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,559.28 Lakh with Charge ID 100410262 was registered on 03 Oct 2020.
Charges
A charge with Saurashtra Gramin Bank of Rs. 1,509.53 Lakh registered on 29 Mar 2019 with Charge ID 100255292 was modified on 19 Jun 2019.
Charges
A charge with Saurashtra Gramin Bank amounted to Rs. 1,509.53 Lakh with Charge ID 100255292 was registered on 29 Mar 2019.
Appointed
Sweta Kevinbhai Bhalodiya was appointed as Designated Partner.

6 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Milo Tile LLP

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MSME Payment Delays by Milo Tile LLP

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MSME payment history

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Subsidiaries & Group Companies of Milo Tile LLP

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Corporate group structure

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GST Compliance of Milo Tile LLP

Milo Tile has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAIFC1446Q1Z7GujaratActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Milo Tile LLP

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MCA filings and documents

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Frequently Asked Questions about Milo Tile LLP

Milo Tile is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 27 July 2018 (8+ years old) and is registered under LLPIN AAN-0417.

Milo Tile reported revenue of ₹48.49 Cr for FY 2021 (down 6% YoY).

Milo Tile has 6 current designated partners:

Milo Tile reported a net profit of ₹18.32 Lakh (net margin 0.4%) and EBITDA of ₹10.12 Cr (EBITDA margin 20.9%) for FY 2021, as per its filed financial statements.

The GSTIN of Milo Tile is 24AAIFC1446Q1Z7, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Milo Tile is AAN-0417. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Milo Tile has 4 court cases on record: 1 filed by the LLP and 3 filed against it. 2 are pending. Most are in the high courts.

Milo Tile was incorporated on 27 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Milo Tile has 1 deal on record (1 secondary share transfer); the latest was in August 2018.

Ansuyaben Rameshbhai Bhalodia ceased to be Designated Partner on 18 Mar 2025. Anupam Gupta ceased to be Partner on 18 Mar 2025. Rameshbhai Vasrambhai Bhalodia ceased to be Designated Partner on 18 Mar 2025. Milo Tile has 10 designated partner changes on record in total.

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