About Milton Elevator Private Limited
Data last updated:
Milton Elevator Private Limited is a private limited company based in Panipat, Haryana, India, recognised as a startup by DPIIT. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 31 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31401HR2015PTC055064. Its GSTIN is 06AAJCM6936F2Z9 (Haryana). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikas and Naresh Kumar.
Its last annual general meeting (AGM) was held on 11 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No – 1584 Sector – 25 Part – 2 Hsvp Industrial Area Hsiidc, Panipat, Haryana, India – 132103.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.18 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹18.74 Lakh (net margin 2.6%) and EBITDA of -₹95 Lakh (EBITDA margin -13.2%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 67% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Milton Elevator. As per MCA filings, the company has open charges of ₹3.13 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 miltonelevator.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No – 1584 Sector – 25 Part – 2 Hsvp Industrial Area Hsiidc, Panipat, Haryana, India – 132103
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
- One PDF report, delivered after checkout
Associated Brands with Milton Elevator Private Limited
Milton Elevator operates one associated brand: Milton Elevator. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevator manufacturing, repair, and maintenance services in India. | miltonelevator.com |
Auditor Details of Milton Elevator Private Limited
Milton Elevator Private Limited is audited by Satish Indu & co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Satish Indu & co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Milton Elevator Private Limited
Milton Elevator has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas | Director | 05 Aug 2015 | 11 Years 2 Months | Current |
| Naresh Kumar | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
Financials of Milton Elevator Private Limited FY 2025 filings available
Milton Elevator Private Limited reported revenue of ₹7.18 Cr (up 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Milton Elevator Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 19% growth 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 of Milton Elevator Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.74 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Milton Elevator Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net 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 AOC-4. The full year-wise statements and ratios of Milton Elevator are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Milton Elevator Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Milton Elevator Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2024 | Others | ₹69.75 Lakh | Open |
| 30 Aug 2022 | Tata Capital Financial Services Limited | ₹53.54 Lakh | Open |
| 07 Mar 2022 | Hdfc Bank Limited | ₹1.9 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Milton Elevator Private Limited
Milton Elevator Private Limited has a workforce of 8 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Milton Elevator Private Limited
Milton Elevator has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCM6936F2Z9 | Haryana | Active | 01 Jul 2017 |
| 07AAJCM6936F1Z8 | Delhi | Active | 01 Jun 2020 |
| 09AAJCM6936F1Z4 | Uttar Pradesh | Active | 01 Mar 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Milton Elevator Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Milton Elevator Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Milton Elevator Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Milton Elevator Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Milton Elevator Private Limited
Frequently Asked Questions about Milton Elevator Private Limited
Milton Elevator is an active private limited company based in Panipat, Haryana, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 31 March 2015 (11+ years old) and is registered under CIN U31401HR2015PTC055064.
Milton Elevator reported revenue of ₹7.18 Cr for FY 2023 (up 19% YoY).
Milton Elevator has 2 current directors:
- Vikas - Director
- Naresh Kumar - Director
Milton Elevator reported a net profit of ₹18.74 Lakh (net margin 2.6%) and EBITDA of -₹95 Lakh (EBITDA margin -13.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milton Elevator is 57% over three years and 67% over five years. In the latest year (FY 2023) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milton Elevator is 06AAJCM6936F2Z9, registered in Haryana. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAJCM6936F1Z8 (Delhi), 09AAJCM6936F1Z4 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Milton Elevator is U31401HR2015PTC055064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milton Elevator was incorporated on 31 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Yes, Milton Elevator is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).