About Skyline Millars Limited
Data last updated: 22 December 2025
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 U63020MH1919PLC000640. 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 Neelam Hardik Shah and Shilpin Khyalilal Tater.
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 the financials filed for FY 2025, the company reported a revenue of ₹2.69 Cr, reflecting significant growth compared to the previous year.
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 | ********* |
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 12 directors, with 17 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 |
|---|---|---|---|---|
|
Neelam Hardik Shah
Also directs:
Oprexo Healthcare Private Limited, Aptus Systems Private Limited, Oprexo Lifecare Private Limited and 1 more
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Company Secretary | 15 Nov 2018 | 7 Years 7 Months | Current |
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Shilpin Khyalilal Tater
Also directs:
Skyline Residency Llp, Skystar Realtors Private Limited, Skystar Property Development Private Limited and 5 more
|
Director | 14 Oct 2009 | 16 Years 8 Months | Current |
| Diana Kevin Dias | Director | 07 Oct 2022 | 3 Years 9 Months | Current |
|
Ashok Jethabhai Patel
Also directs:
Gmm Pfaudler Limited, Ready Mix Concrete Limited, Millars Machinery Co Pvt Limited and 2 more
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Director | 17 Mar 1972 | 54 Years 3 Months | Current |
| Kartikey Narendra Patwa | Ceo | 07 Feb 2024 | 2 Years 5 Months | Current |
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Ashok Chandresekharan Pillai
Also directs:
Dietrich Engineering Private Limited
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Director | 08 May 2024 | 2 Years 2 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 | - | - |
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
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Employee Count & EPFO Data of Skyline Millars Limited
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GST Compliance of Skyline Millars Limited
GSTIN & GST Filing Data of Skyline Millars Limited
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Credit Ratings, Litigation & Regulatory Alerts for Skyline Millars Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Skyline Millars Limited
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MSME Payment Delays by Skyline Millars Limited
MSME Payment Delays by Skyline Millars Limited
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Subsidiaries & Group Companies of Skyline Millars Limited
Subsidiaries & Group Companies of Skyline Millars Limited
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MCA Filings & Documents of Skyline Millars Limited
MCA Filings & Documents of 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 ₹2.69 Cr for FY 2025 (up 480.00% YoY).
The current directors of Skyline Millars Limited are:
- Neelam Hardik Shah
- Shilpin Khyalilal Tater
- Harshal Satish Phatak
- Diana Kevin Dias
- Ashok Jethabhai Patel
- Kartikey Narendra Patwa
- Ashok Chandresekharan Pillai
- Jatin Valjibhai Daisaria
- Master Neelam Kanhaiyalal
- Maulik Harshad Dave
- Kartikey Narendra Patwa
- Neelam Hardik Shah
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.