MILTON

Milton Industries Limited

Listed company · ISIN INE376Y01016 · NSE SM · FV ₹10
Last price
₹36
+1.14%today
What this company does

Milton Industries Limited is a listed company. It booked ₹22 cr of revenue in its latest quarter (Q2 FY25) and kept 2.5% of sales as profit.

47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of listed companies we score, on the 4 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
47

At close. Not part of the score.

Profitability & returns33

How much profit it earns on the money it employs

Balance sheet35

How much it owes, and whether earnings cover the interest

Valuation52

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 73%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 2.5% net margin
! Low 7.4% return on equity

What if I invest in MILTON?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹36▲ +1.14%
latest close · 2026-09-30
1-year return
+383.0%
52-wk low ₹752-wk high ₹43
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio22.2Average
LowAverageHigh
P/B ratio2.02Moderate
Below bookModerateHigh
EV / EBITDA13.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.4%Weak
WeakFairStrong ▸15%
Return on capital10.5%Fair
WeakFairStrong
Net margin2.5%Thin
ThinDecentStrong
EBITDA margin5.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.52Moderate
LowModerateHigh ▸1
Interest cover1.6×Risky
RiskyOkayStrong ▸5×
Current ratio2.92Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹60 cr
Book value
₹18
EPS
₹0.40
latest quarter
Net debt
₹13 cr
owes more than its cash
Enterprise value
₹74 cr
EBITDA
₹5 cr
annualised
EBIT
₹5 cr
annualised
Operating margin
5.9%
Return on assets
3.1%
Earnings yield
4.51%
P/S
0.68
Sales / share
₹52.4
Tax rate
0.0%
Face value
₹10
Shares
1.7 cr
Working capital
₹38 cr
Current assets
₹58 cr
Current liabilities
₹20 cr
Delivery %
95.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-30.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹5–₹10, midpoint ₹7

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY25 (consolidated)
Revenue from Operations₹22 cr
Other Income₹54.1 L
Cost of Materials₹13 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-14.2 L
Employee Benefit Expense₹3 cr
Finance Costs₹81.1 L
Other Expenses₹5 cr
Total Expenses₹22 cr
Profit before Tax₹51.1 L
Tax Expense₹0 cr
Net Profit₹54.9 L
Net margin on revenue2.5%
Where the money goes · Q2 FY25
% of total income
Materials + stock-in-trade₹13 cr56.8%
Employee benefit expense₹3 cr12.8%
Finance costs₹81.1 L3.5%
Other expenses₹6 cr24.4%
Profit for the period₹54.9 L2.4%
Total income ₹23 cradds up to ₹100 ✓
Balance sheet & cash flow · as of Sep 2024
Moderate debt
Total assets
₹70 cr
Shareholder equity
₹30 cr
parent shareholders
Total debt
₹16 cr
Cash
₹2 cr
Cash flow · H1 FY25
Operating
₹78.3 L
Investing
₹-24.5 L
Financing
₹-41.2 L
Who owns it · 2026-03-31
No pledge
Promoter
73.0%
Public
27.0%
Smart-money activity
Bulk / block deals
BoughtTHACKER MEENAKUMARI · NSE1.69 L @ ₹34.425 Sep 26
SoldAJAY JAIN · NSE5.15 L @ ₹34.6525 Sep 26
BoughtAADIT JAIN · NSE2.84 L @ ₹34.8425 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Sep 2026
See the official result
1
1. CONSIDERATION AND ADOPTION OF AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON MARCH 31, 2026 AND REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON.
Backed by 100% of shareholders other than promotersneeded 50%
30.58 L votes for, 0 against
2
TO APPOINT A DIRECTOR IN PLACE OF MR. SAKET JAIN (DIN: 02200196), WHO RETIRES BY ROTATION AT THIS ANNUAL GENERAL MEETING AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT.
Backed by 100% of shareholders other than promotersneeded 50%
30.58 L votes for, 0 against
3
TO APPOINT A DIRECTOR IN PLACE OF MR. ABHAYKUMAR MAHIPALSINGH JAIN (DIN: 00343757), WHO RETIRES BY ROTATION AT THIS ANNUAL GENERAL MEETING AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT.
Backed by 100% of shareholders other than promotersneeded 50%
30.58 L votes for, 0 against
4
APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MR. VIJAYPAL JAIN (DIN: 00343712) AS A MANAGING DIRECTOR.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
27.94 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 23 named members
owning 73.0% between them · as of 2026-03-31
VIKAS JAIN8.01%
BABITA JAIN7.17%
SULOCHNA JAIN7.03%
VIJAY PAL JAIN5.29%
DAYA WATI JAIN5.27%
AJAY MAHIPAL SINGH JAIN5.23%
ABHAYKUMAR MAHIPALSINGH JAIN4.81%
PREETI ABHAYKUMAR JAIN4.77%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.