About Skyline Millars Limited
Data last updated: 14 July 2026
Skyline Millars Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in construction machinery and equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 28 November 1919, the company has been in operation for over 107 years.
Registered with ROC Mumbai under CIN L63020MH1919PLC000640. Listed on BSE: 505650.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.02 Cr. Formerly known as Millars India Limited. It is led by directors including Maulik Harshad Dave and Jatin Valjibhai Daisaria.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Churchgate House 4Th Floor 32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹1.92 Cr, a decline of 9.94% compared to the previous year. The net worth stands at ₹23.45 Cr (down 4.35% YoY). Total assets are valued at ₹25.53 Cr (down 1.88% YoY).
The company has a workforce of approximately 5 employees as per the latest available data.
The company is associated with 1 brand - Skyline Millars Ltd. As per MCA filings, the company has satisfied charges of ₹8.81 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 skylinemillarsltd.com.
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Registered AddressChurchgate House 4Th Floor 32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001
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IndustryMachinery and Equipment, Construction Machinery & Equipment
- 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 Skyline Millars Limited
Skyline Millars Limited has one previous CIN (Corporate Identification Number): U63020MH1919PLC000640. The current CIN is L63020MH1919PLC000640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63020MH1919PLC000640 | Current |
| U63020MH1919PLC000640 | Previous |
Associated Brands with Skyline Millars Limited
Skyline Millars Limited operates one associated brand: Skyline Millars Ltd. These brands represent Skyline Millars Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacture precast pipes and manhole systems | skylinemillarsltd.com |
Competitors & Alternatives of Skyline Millars Limited
Brands and companies operating in the same space as Skyline Millars Limited include Godrej Properties, Vingroup, Lendlease and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
Lodha Group
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Eiffage
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
City Developments
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Skyline Millars Limited
Skyline Millars Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details for Skyline Millars Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Skyline Millars Limited
Skyline Millars Limited is audited by M/s S G D G & Associates LLP (ICAI peer reviewed, certificate valid till 2026-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s S G D G & Associates LLP (ICAI peer reviewed, certificate valid till 2026-10-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Skyline Millars Limited
Skyline Millars Limited is currently managed by 6 directors, with 15 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 |
|---|---|---|---|---|
| Maulik Harshad Dave | Whole-Time Director | 23 Apr 2010 | 16 Years 3 Months | Current |
| Jatin Valjibhai Daisaria | Director | 24 Apr 2007 | 19 Years 3 Months | Current |
| Ashok Jethabhai Patel | Director | 17 Mar 1972 | 54 Years 5 Months | Current |
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Shilpin Khyalilal Tater
Also directs:
Skyline Millars Limited, Skyline Residency Llp, Skystar Realtors Private Limited and 5 more
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Director | 14 Oct 2009 | 16 Years 10 Months | Current |
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Diana Kevin Dias
Also directs:
Skyline Millars Limited, White Angel Consulting Llp, Syhr Consulting Private Limited and 1 more
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Director | 07 Oct 2022 | 3 Years 10 Months | Current |
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Ashok Chandresekharan Pillai
Also directs:
Skyline Millars Limited, Dietrich Engineering Private Limited
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Director | 08 May 2024 | 2 Years 3 Months | Current |
Financials of Skyline Millars Limited FY 2026 filings available
Skyline Millars Limited reported revenue of ₹1.92 Cr (down 9.94% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.92 Cr | ₹2.13 Cr | ₹0 | ₹15.05 Lakh | ₹0 | ₹4.24 Cr | ₹3.8 Cr | ₹4.5 Cr |
| Other Income | ₹28.27 Lakh | ₹55.48 Lakh | ₹46.35 Lakh | ₹43.23 Lakh | ₹2.07 Cr | ₹68.07 Lakh | ₹36.24 Lakh | ₹37.79 Lakh |
| Total Income | ₹2.2 Cr | ₹2.69 Cr | ₹46.35 Lakh | ₹58.28 Lakh | ₹2.07 Cr | ₹4.92 Cr | ₹4.16 Cr | ₹4.88 Cr |
| Cost of Materials Consumed | ₹0 | ₹1.3 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹5.38 Lakh | ₹16.39 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹16.3 Lakh | ₹0 | ₹78.21 Lakh | ₹45.54 Lakh | -₹1.42 Cr |
| Employee Benefit Expense | ₹32.53 Lakh | ₹28.89 Lakh | ₹30.19 Lakh | ₹31.62 Lakh | ₹33.57 Lakh | ₹29.23 Lakh | ₹38.67 Lakh | ₹53.7 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹16,000 | ₹3,000 | ₹25.22 Lakh |
| Depreciation & Amortisation | ₹86,000 | ₹1.27 Lakh | ₹1.02 Lakh | ₹93,000 | ₹1.55 Lakh | ₹2.72 Lakh | ₹13.48 Lakh | ₹15.54 Lakh |
| Other Expenses | ₹2.93 Cr | ₹1.27 Cr | ₹1.1 Cr | ₹1.7 Cr | ₹89.36 Lakh | ₹74.42 Lakh | ₹2.05 Cr | ₹5.03 Cr |
| Total Expenses | ₹3.27 Cr | ₹2.88 Cr | ₹1.41 Cr | ₹2.19 Cr | ₹1.24 Cr | ₹1.85 Cr | ₹3.09 Cr | ₹4.72 Cr |
| Profit Before Exceptional Items & Tax | -₹1.06 Cr | -₹19.45 Lakh | -₹95.01 Lakh | -₹1.61 Cr | ₹82.61 Lakh | ₹3.07 Cr | ₹1.07 Cr | ₹15.67 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹1.06 Cr | -₹19.45 Lakh | -₹95.01 Lakh | -₹1.61 Cr | ₹82.61 Lakh | ₹3.07 Cr | ₹1.07 Cr | ₹15.67 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | -₹22,000 | ₹32.26 Lakh | -₹11,000 | ₹11,000 |
| Net Profit | -₹1.06 Cr | -₹26.12 Lakh | -₹99.36 Lakh | -₹1.84 Cr | ₹74.69 Lakh | ₹2.39 Cr | ₹94.81 Lakh | -₹21.24 Lakh |
| Other Comprehensive Income | -₹28,000 | ₹24,000 | ₹5,000 | -₹17,000 | ₹21,000 | ₹18,000 | -₹93,000 | -₹13,000 |
| Total Comprehensive Income | -₹1.07 Cr | -₹25.88 Lakh | -₹99.31 Lakh | -₹1.85 Cr | ₹74.9 Lakh | ₹2.39 Cr | ₹93.88 Lakh | -₹21.37 Lakh |
| EBITDA (computed) | -₹1.06 Cr | -₹18.18 Lakh | -₹93.99 Lakh | -₹1.6 Cr | ₹84.16 Lakh | ₹3.1 Cr | ₹1.21 Cr | ₹56.43 Lakh |
| Basic EPS | ₹-0.26 | ₹-0.05 | ₹-0.24 | ₹-0.40 | ₹0.21 | ₹0.68 | ₹0.27 | ₹0.04 |
| Diluted EPS | ₹-0.26 | ₹-0.05 | ₹-0.24 | ₹-0.40 | ₹0.21 | ₹0.68 | ₹0.27 | ₹0.04 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹25.53 Cr | ₹26.02 Cr | ₹27.23 Cr | ₹27.06 Cr | ₹28.44 Cr | ₹27.57 Cr | ₹26.69 Cr | ₹25.72 Cr |
| Non-current Assets | ₹3.34 Cr | ₹3.32 Cr | ₹3.67 Cr | ₹3.64 Cr | ₹3.3 Cr | ₹3.13 Cr | ₹6.02 Cr | ₹7.49 Cr |
| Current Assets | ₹19.09 Cr | ₹19.6 Cr | ₹20.45 Cr | ₹20.32 Cr | ₹21.45 Cr | ₹20.75 Cr | ₹17.56 Cr | ₹15.13 Cr |
| Property, Plant & Equipment | ₹6.54 Lakh | ₹7.4 Lakh | ₹26.96 Lakh | ₹25.23 Lakh | ₹26.16 Lakh | ₹27.71 Lakh | ₹1.21 Cr | ₹1.35 Cr |
| Inventories | ₹15.05 Cr | ₹14.31 Cr | ₹13.59 Cr | ₹12.57 Cr | ₹12.47 Cr | ₹12.45 Cr | ₹13.17 Cr | ₹13.62 Cr |
| Trade Receivables | ₹8.66 Lakh | ₹20.83 Lakh | ₹0 | ₹1.37 Lakh | ₹6.99 Lakh | ₹28.11 Lakh | ₹13.22 Lakh | ₹34.73 Lakh |
| Cash & Equivalents | ₹7.07 Lakh | ₹1.13 Cr | ₹1.08 Cr | ₹65.28 Lakh | ₹78.87 Lakh | ₹49.52 Lakh | ₹57.45 Lakh | ₹37.9 Lakh |
| Equity (Net Worth) | ₹23.45 Cr | ₹24.51 Cr | ₹24.77 Cr | ₹25.77 Cr | ₹27.61 Cr | ₹26.86 Cr | ₹24.47 Cr | ₹23.53 Cr |
| Equity Share Capital | ₹4.02 Cr | ₹4.02 Cr | ₹4.02 Cr | ₹4.02 Cr | ₹4.02 Cr | ₹4.02 Cr | ₹4.02 Cr | ₹4.02 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹1.02 Cr | ₹52.48 Lakh | ₹1.43 Cr | ₹30.6 Lakh | ₹25.32 Lakh | ₹12.81 Lakh | ₹83.72 Lakh | ₹66.9 Lakh |
| Total Liabilities | ₹2.08 Cr | ₹1.51 Cr | ₹2.45 Cr | ₹1.3 Cr | ₹82.54 Lakh | ₹70.44 Lakh | ₹2.21 Cr | ₹2.19 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹1.64 Cr | -₹2.53 Cr | -₹1.26 Cr | -₹1.67 Cr | ₹51.33 Lakh |
| Investing Cash Flow | ₹57.9 Lakh | ₹2.58 Cr | ₹1.69 Cr | ₹84.19 Lakh | ₹37.05 Lakh |
| Financing Cash Flow | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Capital Expenditure | ₹0 | ₹1.41 Lakh | ₹2.75 Lakh | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹1.64 Cr | -₹2.54 Cr | -₹1.29 Cr | -₹1.67 Cr | ₹51.33 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.06 Cr | ₹4.68 Lakh | ₹42.84 Lakh | -₹82.39 Lakh | ₹88.38 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹67.86 Lakh | ₹70 Lakh | ₹54.11 Lakh | ₹2.13 Cr | ₹0 | ₹0 | ₹0 |
| Other Income | ₹7.09 Lakh | ₹6.71 Lakh | ₹7.41 Lakh | ₹7.06 Lakh | ₹27.33 Lakh | ₹9.11 Lakh | ₹8.94 Lakh | ₹10.1 Lakh |
| Total Income | ₹7.09 Lakh | ₹74.57 Lakh | ₹77.41 Lakh | ₹61.17 Lakh | ₹2.4 Cr | ₹9.11 Lakh | ₹8.94 Lakh | ₹10.1 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.3 Cr | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹8.32 Lakh | ₹8.29 Lakh | ₹8.03 Lakh | ₹7.89 Lakh | ₹7.43 Lakh | ₹7.23 Lakh | ₹7.13 Lakh | ₹7.1 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹21,000 | ₹22,000 | ₹21,000 | ₹22,000 | ₹29,000 | ₹33,000 | ₹33,000 | ₹32,000 |
| Other Expenses | ₹44.41 Lakh | ₹69.32 Lakh | ₹92.06 Lakh | ₹87.45 Lakh | ₹75.03 Lakh | ₹12.63 Lakh | ₹18.15 Lakh | ₹21.66 Lakh |
| Total Expenses | ₹52.94 Lakh | ₹77.83 Lakh | ₹1 Cr | ₹95.56 Lakh | ₹2.13 Cr | ₹20.19 Lakh | ₹25.61 Lakh | ₹29.08 Lakh |
| Profit Before Exceptional Items & Tax | -₹45.85 Lakh | -₹3.26 Lakh | -₹22.89 Lakh | -₹34.39 Lakh | ₹27.28 Lakh | -₹11.08 Lakh | -₹16.67 Lakh | -₹18.98 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹45.85 Lakh | -₹3.26 Lakh | -₹22.89 Lakh | -₹34.39 Lakh | ₹27.28 Lakh | -₹11.08 Lakh | -₹16.67 Lakh | -₹18.98 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹45.85 Lakh | -₹3.26 Lakh | -₹22.89 Lakh | -₹34.39 Lakh | ₹21.47 Lakh | -₹11.77 Lakh | -₹17.38 Lakh | -₹18.44 Lakh |
| Other Comprehensive Income | -₹22,000 | -₹8,000 | -₹5,000 | ₹7,000 | -₹17,000 | ₹23,000 | ₹16,000 | ₹2,000 |
| Total Comprehensive Income | -₹46.07 Lakh | -₹3.34 Lakh | -₹22.94 Lakh | -₹34.32 Lakh | ₹21.3 Lakh | -₹11.54 Lakh | -₹17.22 Lakh | -₹18.42 Lakh |
| EBITDA (computed) | -₹45.64 Lakh | -₹3.04 Lakh | -₹22.68 Lakh | -₹34.17 Lakh | ₹27.57 Lakh | -₹10.75 Lakh | -₹16.34 Lakh | -₹18.66 Lakh |
| Basic EPS | ₹-0.11 | ₹-0.01 | ₹-0.06 | ₹-0.09 | ₹0.07 | ₹-0.03 | ₹-0.04 | ₹-0.05 |
| Diluted EPS | ₹-0.11 | ₹-0.01 | ₹-0.06 | ₹0.00 | ₹0.07 | ₹-0.03 | ₹-0.04 | ₹-0.05 |
| Segment · FY 2020 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Construction Equipment | ₹17,000 | -₹80.79 Lakh | - | - |
| Pre-cast pipes (Discontinuing Operation) | ₹0 | -₹12.59 Lakh | - | - |
| Real Estate | ₹3.8 Cr | ₹2.11 Cr | - | - |
Shareholding Pattern of Skyline Millars Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 71.38%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 28.62% of Skyline Millars Limited. The company had 7,100 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 71.38% | 71.38% | 71.38% | 71.38% | 71.38% | 71.38% |
| Public | 28.62% | 28.62% | 28.62% | 28.62% | 28.62% | 28.62% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 71.38% | 71.38% | 71.67% |
| Public | 28.62% | 28.62% | 28.33% |
| Promoter change (YoY, %pts) | +0.00 | -0.29 | - |
Charges & Borrowings of Skyline Millars Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Apr 2012 | Bank of Maharashtra | ₹8.81 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Skyline Millars Limited
Skyline Millars Limited has a workforce of 5 employees as of Apr 07, 2024.
Employee and EPFO history for Skyline Millars Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Skyline Millars Limited
GST registrations and filing compliance for Skyline Millars Limited
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Credit Ratings, Litigation & Regulatory Alerts for Skyline Millars Limited
Credit ratings, litigation, and regulatory alerts for Skyline Millars Limited
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MSME Payment Delays by Skyline Millars Limited
MSME payment history for Skyline Millars Limited
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Subsidiaries & Group Companies of Skyline Millars Limited
Corporate group structure for Skyline Millars Limited
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MCA Filings & Documents of Skyline Millars Limited
MCA filings and documents for Skyline Millars Limited
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Recent Activity on Skyline Millars Limited
Frequently Asked Questions about Skyline Millars Limited
Skyline Millars Limited is an active public limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 28 November 1919 (107+ years old) and is registered under CIN L63020MH1919PLC000640. Listed on BSE: 505650. The company has 5 employees.
Skyline Millars Limited reported revenue of ₹1.92 Cr for FY 2026 (down 9.94% YoY) based on standalone BSE filings.
The current directors of Skyline Millars Limited are:
- Maulik Harshad Dave - Whole-Time Director
- Jatin Valjibhai Daisaria - Director
- Ashok Jethabhai Patel - Director
- Shilpin Khyalilal Tater - Director
- Diana Kevin Dias - Director
- Ashok Chandresekharan Pillai - Director
The primary industry of Skyline Millars Limited is machinery and equipment. The company specifically operates in construction machinery and equipment. The company is currently active in this sector.
Yes. Skyline Millars Limited is listed on BSE with code 505650.
Skyline Millars Limited can be reached at the registered office: Churchgate House 4Th Floor 32 – 34 Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001, or through the website skylinemillarsltd.com.