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Milton Industries Limited - Company Profile

It is a consumer goods public limited company based in Ahmedabad, Gujarat, India, established in 1985.

1985 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Milton Industries Limited

Milton Industries Limited, a active public limited company, was established on 23 August 1985 in Ahmedabad, Gujarat, India. Engaging in leather goods manufacturing within the manufacturing sector, it holds CIN: L20299GJ1985PLC008047. Registered under ROC Roc Ahmedabad. it is listed on NSE: MILTON. It has an authorized capital of ₹17.00 Cr and a paid-up capital of ₹1.70 Cr.

Formerly known as Milton Laminates Limited, Milton Laminates Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹61.22 Cr and a net worth of ₹43.06 Cr. Employing 91 professional, Its leadership includes Maheshbhai Samatbhai Patel (Director), Rakesh Tarachand Mehtani (Director), Ajay Mahipal Singh Jain (Director). Past directors included Ajaykumar Brijmohan Tola, Maheshbhai Samatbhai Patel, Jain Mahipalsingh Bhagmalji. It holds ₹71.71 Cr open charges and ₹29.05 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1/2, Chitra-Ami Appartment, Opp. La Gajjar Chamber Ashram Road, Ahmedabad, Gujarat, 380009.

Company Details

  • CIN/LLPIN

    L20299GJ1985PLC008047

  • Registration Number

    008047

  • Incorporation Date

    23 August 1985

  • Authorized Capital

    ₹17.00 Cr

  • Paid-Up Capital

    ₹1.70 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (NSE: MILTON)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 40 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 71.71 Cr
  • Satisfied Charges ₹ 29.05 Cr
  • Revenue Growth 1.43%
  • Profit Growth -11.79%
  • Ebitda -6.97%
  • Net Worth 7.14%
  • Total Assets 20.03%
Company report

Milton Industries Limited

Company Report FY 2025-2026

Explore comprehensive insights into Milton Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Milton Industries Limited?

Current Directors

NameDesignationAppointment DateStatus
Maheshbhai Samatbhai PatelDirector08 Sep 2017Current
Rakesh Tarachand MehtaniDirector08 Sep 2017Current
Ajay Mahipal Singh JainDirector22 Nov 2010Current
Vikas JainWhole-Time Director22 Nov 2010Current
Saket JainWhole-Time Director07 Oct 2011Current
Vaibhav Ajay JainDirector02 Mar 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director21 Jul 2018Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddWhole-Time Director13 Jun 2010Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddAdditional Director29 Sep 2018Past

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Financial Performance of Milton Industries.

Milton Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.43% increase. The company also saw a substantial fall in profitability, with a 11.79% decrease in profit. The company's net worth moved up by a moderate rise of 7.14%.

Milton Industries revenue growth over time
Milton Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1.43%
Revenue from Operations
2.17%
Total Assets
20.03%
Profit or Loss
-11.79%
Net Worth
7.14%
EBITDA
-6.97%

What is the Ownership and Shareholding Structure of Milton Industries?

In 2023, Milton Industries had a promoter holding of 72.96% and a public holding of 27.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹717,056,681.00

Satisfied Charges

₹290,529,830.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 39.60 Cr
  • Others : 19.90 Cr
  • Sate Bank Of India : 12.06 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2023Hdfc Bank Limited₹1.46 MOpen
12 Sep 2022Others₹9.95 CrOpen
04 Jun 2021Others₹9.95 CrOpen
10 Mar 2007Sate Bank Of India₹5.91 CrOpen
04 Feb 2006Sate Bank Of India₹6.15 CrOpen

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How Many Employees Work at Milton Industries?

Milton Industries has a workforce of 91 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Milton Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milton Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Milton Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Milton Industries

Recent Activity within the Organization

  • Annual General Meeting

    Milton Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Milton Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100727803 was registered on 09 Mar 2023. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100649344 was registered on 12 Sep 2022. was documented.

  • Charges

    The activity A charge with Others of Rs. 9.95 Cr registered on 04 Jun 2021 with Charge ID 100471846 was modified on 12 Jul 2022. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100471846 was registered on 04 Jun 2021. was documented.

Frequently Asked Questions

  • What is the CIN of Milton Industries Limited?

    The CIN of Milton Industries Limited is L20299GJ1985PLC008047.

  • Where is Milton Industries Limited headquartered?

    Milton Industries Limited is headquartered at 1/2, Chitra-Ami Appartment, Opp. La Gajjar Chamber Ashram Road, Ahmedabad, Gujarat, 380009.

  • When was Milton Industries Limited incorporated?

    Milton Industries Limited was incorporated on 23 August 1985.

  • Who are the current directors of Milton Industries Limited?

    The current directors of Milton Industries Limited are

  • What is the primary industry of Milton Industries Limited?

    The primary industry of Milton Industries Limited is Manufacturing.

  • Is Milton Industries Limited a listed company?

    Milton Industries Limited is listed. It is listed on NSE: MILTON.

  • What is the capital structure of Milton Industries Limited?

    The authorized capital of Milton Industries Limited is ₹17.00 Cr, and the paid-up capital is ₹1.70 Cr.

  • What is the compliance status of Milton Industries Limited?

    The compliance status of Milton Industries Limited is Compliant.

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