Milestone Furn.

  • Market Cap: Micro Cap
  • Industry: Furniture, Home Furnishing
  • ISIN: INE424Z01011
  • NSEID:
  • BSEID: 541337
INR
28.85
0.79 (2.82%)
BSENSE

Mar 13

BSE+NSE Vol: 21000

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Milestone Furn. will declare its result soon on 16 Mar 2026
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

21.0 k (191.67%) Volume

Shareholding (Sep 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

0.00%

Has Milestone Furn. declared dividend?

06-Jun-2025

No Dividend History Available

What is the technical trend for Milestone Furn.?

09-Jun-2025

As of May 29, 2025, Milestone Furn. is in a mildly bearish trend, indicated by daily moving averages and weekly Bollinger Bands, despite mixed signals from the MACD and Dow Theory, alongside significant underperformance compared to the Sensex.

As of 29 May 2025, the technical trend for Milestone Furn. has changed from does not qualify to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also showing a mildly bearish signal. The MACD on the weekly chart is mildly bullish, but the monthly perspective remains bearish, indicating mixed signals across different time frames. The Dow Theory shows a mildly bearish trend on the weekly chart while being bullish on the monthly, further contributing to the overall mildly bearish outlook. The stock has underperformed significantly year-to-date and over the past year compared to the Sensex, which adds to the bearish sentiment.

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Who are the peers of the Milestone Furn.?

16-Jul-2025

Milestone Furn.'s peers include Sheela Foam, Responsive Industries, Stanley Lifestyle, BirlaNu Ltd, Hardwyn India, Tirupati Foam, Shashwat Furnishings, Magenta Life, and Rexpro Enterprises. Shashwat Furnis. leads in 1-year returns at 49.88%, while Milestone Furn. has a return of 2.16%, and Magenta Life shows the lowest at -63.48%.

Peers: The peers of Milestone Furn. are Sheela Foam, Responsive Ind, Stanley Lifesty., BirlaNu Ltd, Hardwyn India, Tirupati Foam, Shashwat Furnis., Magenta Life, Rexpro Enter.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rexpro Enter, while Average management risk is found at Sheela Foam, Responsive Ind, Stanley Lifesty., BirlaNu Ltd, Hardwyn India, and the rest. Below Average management risk is noted at Tirupati Foam, Shashwat Furnis., and Magenta Life. In terms of growth, Excellent growth is seen at Responsive Ind, while Average growth is present at Shashwat Furnis. Below Average growth is reported for Sheela Foam, Stanley Lifesty., BirlaNu Ltd, Hardwyn India, Tirupati Foam, and Magenta Life. Good capital structure is noted at Sheela Foam, Responsive Ind, Stanley Lifesty., Shashwat Furnis., and the rest, while Average capital structure is seen at BirlaNu Ltd, and Excellent capital structure is present at Hardwyn India.<BR><BR>Return Snapshot: Shashwat Furnis. has the highest 1-year return at 49.88%, while Magenta Life has the lowest at -63.48%. Milestone Furn.'s 1-year return of 2.16% is significantly lower than Shashwat Furnis. and much higher than Magenta Life. Additionally, the six-month returns are negative for Sheela Foam, Stanley Lifesty., Hardwyn India, Tirupati Foam, Magenta Life, and Rexpro Enter.

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Who are in the management team of Milestone Furn.?

16-Jul-2025

As of March 2020, the management team of Milestone Furn. includes Digambar Sudam Songhare (Managing Director), P S Ganeshkumar (Executive Chairman & CEO), Kangan Dhamija (Company Secretary), and several other directors, totaling ten key members.

As of March 2020, the management team of Milestone Furn. includes the following individuals:<BR><BR>1. Digambar Sudam Songhare - Managing Director<BR>2. P S Ganeshkumar - Executive Chairman & CEO<BR>3. Kangan Dhamija - Company Secretary<BR>4. Aarzoo - Independent Director<BR>5. Akash Vinayak Parte - Independent Director<BR>6. Vivek Yogeshwar Sonar - Additional Executive Director<BR>7. Khushdeep Singh Mann - Additional Director<BR>8. Tanmay Singh - Managing Director<BR>9. Vanshika Joshi - Company Secretary & Compliance Officer<BR>10. Mayank Kotadia - Director<BR><BR>As of March 2020, this is the complete list of the management team at Milestone Furn.

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What does Milestone Furn. do?

17-Jul-2025

Milestone Furniture Ltd is a micro-cap company in the furniture and home furnishing industry, incorporated in 2014 and public since 2017, with no recent sales or profit data reported. Its market cap is INR 7 Cr, and it has a debt-equity ratio of 0.02 and a return on equity of -5.01%.

Overview:<BR>Milestone Furniture Ltd operates in the furniture and home furnishing industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Milestone Furniture Ltd was originally incorporated as a private limited company on March 12, 2014, and later converted into a public company with a name change on July 5, 2017. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 7 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 50<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.02<BR>Return on Equity: -5.01%<BR>Price-to-Book: 0.29<BR><BR>Contact Details:<BR>Address: 1st Floor Aslam Compound Shree, Nagar Chandivali Road Sakinaka Mumbai Maharashtra : 400072<BR>Phone: 91-022-28581499/28578954<BR>Email: vyas_cs@yahoo.in<BR>Website: http://www.milestonefurniture.com

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Who are the top shareholders of the Milestone Furn.?

17-Jul-2025

The top shareholders of Milestone Furn. are primarily individual investors, holding 85.58% of the shares, with Dipakkumar Chimanlal Shah as the largest public shareholder at 3.81%. There are no institutional holdings or significant promoters.

The top shareholders of Milestone Furn. primarily consist of individual investors, who hold a significant 85.58% of the shares. Among public shareholders, Dipakkumar Chimanlal Shah stands out with a holding of 3.81%. There are no institutional holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings. Additionally, there are no prominent promoters listed with significant holdings.

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How big is Milestone Furn.?

24-Jul-2025

As of 24th July, Milestone Furniture Ltd has a market capitalization of 8.00 Cr, classifying it as a Micro Cap company. Financial data for the latest four quarters is unavailable, but as of March 2024, Shareholder's Funds are 24.95 Cr and Total Assets are 25.54 Cr.

As of 24th July, Milestone Furniture Ltd has a market capitalization of 8.00 Cr, which classifies it as a Micro Cap company.<BR><BR>There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit figures.<BR><BR>The reporting period for the balance sheet is March 2024, with Shareholder's Funds amounting to 24.95 Cr and Total Assets valued at 25.54 Cr.

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How has been the historical performance of Milestone Furn.?

11-Aug-2025

Milestone Furn. has faced a severe decline in financial performance, with net sales dropping from 25.31 Cr in March 2018 to zero in March 2023 and March 2024, and operating profit turning negative at -0.15 Cr in March 2024. The company's total assets and liabilities have also decreased, indicating ongoing challenges in generating cash from operations.

Answer:<BR>The historical performance of Milestone Furn. shows a significant decline in net sales and profitability over the years, culminating in zero sales for the fiscal years ending March 2023 and March 2024. The company reported net sales of 0.22 Cr in March 2021, which decreased to 0.80 Cr in March 2020, and peaked at 8.16 Cr in March 2019, with a high of 25.31 Cr in March 2018. Operating profit margins have also deteriorated, with the operating profit (PBDIT) turning negative in recent years, reaching -0.15 Cr in March 2024. The profit before tax and profit after tax figures reflect similar trends, with losses increasing from -1.25 Cr in March 2021 to -0.63 Cr in March 2024. The company's total assets have decreased from 30.66 Cr in March 2019 to 25.54 Cr in March 2024, while total liabilities have also declined from 30.66 Cr to 25.54 Cr in the same period. Cash flow from operating activities has remained stagnant, indicating challenges in generating cash from core operations.<BR><BR>Breakdown:<BR>Milestone Furn. has experienced a troubling decline in its financial performance over the years. The company's net sales have dropped from 25.31 Cr in March 2018 to zero in both March 2023 and March 2024, reflecting a severe downturn. Operating profit margins have turned negative, with the operating profit (PBDIT) falling to -0.15 Cr in March 2024, down from a positive 2.62 Cr in March 2018. Profitability metrics such as profit before tax and profit after tax have also worsened, showing losses that have increased over the years, culminating in -0.63 Cr in March 2024. Total assets decreased from 30.66 Cr in March 2019 to 25.54 Cr in March 2024, while total liabilities followed a similar downward trend. The company's cash flow from operating activities has remained at zero, indicating persistent difficulties in generating cash from its operations. Overall, the historical performance of Milestone Furn. illustrates a significant decline in both revenue and profitability, raising concerns about its future viability.

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Is Milestone Furn. overvalued or undervalued?

19-Nov-2025

As of November 18, 2025, Milestone Furn. is considered a risky investment due to its negative financial metrics, including a PE ratio of -12.87 and an EV to EBIT of -16.48, despite a strong year-to-date stock return of 168.37%.

As of 18 November 2025, the valuation grade for Milestone Furn. has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company is currently assessed as overvalued, primarily due to its negative PE ratio of -12.87 and an EV to EBIT of -16.48, which suggest that the market is pricing in substantial risks. Additionally, the ROCE stands at -1.89% and the ROE at -5.01%, further highlighting the company's struggles in generating returns.<BR><BR>In comparison to its peers, Milestone Furn. lags significantly behind companies like Century Plyboard, which boasts a PE ratio of 74.8 and an EV to EBITDA of 33.36, and Greenply Industries with a PE ratio of 44.54 and an EV to EBITDA of 17.40. These comparisons underscore the challenges Milestone Furn. faces in attracting investor confidence. Despite a remarkable year-to-date stock return of 168.37% compared to the Sensex's 8.36%, the underlying financial metrics suggest that the stock may not be a sustainable investment at its current valuation.

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Why is Milestone Furniture Ltd falling/rising?

12-Mar-2026

As of 11-Mar, the stock price of Milestone Furniture Ltd is Rs 28.70, reflecting a significant decline of -4.64% today and underperforming its sector. Despite a yearly gain of +506.77%, the stock has faced a year-to-date drop of -7.54%, amid mixed performance and negative overall sentiment.

As of 11-Mar, the stock price of Milestone Furniture Ltd is currently at Rs 28.70, showing no change from the previous trading session. The stock has experienced a significant decline today, opening with a loss of -4.64% and touching an intraday low of Rs 28.70, which represents a decrease of -4.97%. This underperformance is further highlighted by the fact that it has underperformed its sector by -1.1%.<BR><BR>In the context of broader market trends, the stock has shown mixed performance over various periods. While it has gained +506.77% over the past year, it has also seen a year-to-date decline of -7.54%. Additionally, the stock's performance over the last week and month has been relatively stable, with a change of +0.00% and +3.05%, respectively, contrasting sharply with the Sensex, which has fallen by -2.85% and -8.75% over the same periods.<BR><BR>The trading activity indicates some erratic behavior, as the stock did not trade on 2 out of the last 20 days. However, there has been a rise in investor participation, with delivery volume increasing by 52.17% against the 5-day average. Despite this, the overall sentiment appears negative, particularly as the sector of Wood & Wood Products has declined by -3.88%.<BR><BR>In summary, the stock of Milestone Furniture Ltd is currently falling due to a combination of poor performance today, sector-wide declines, and erratic trading patterns, despite some positive indicators in investor participation.

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Why is Milestone Furniture Ltd falling/rising?

13-Mar-2026

As of 12-Mar, Milestone Furniture Ltd's stock price is rising to 29.00, reflecting a 1.05% increase due to strong performance against the benchmark and a significant 520.99% rise over the past year. Despite some erratic trading and declining investor participation, the stock's upward trajectory continues amidst a broader market downturn.

As of 12-Mar, Milestone Furniture Ltd's stock price is rising, currently at 29.00, reflecting an increase of 0.3 (1.05%). This upward movement can be attributed to its strong performance relative to the benchmark, as the stock has outperformed the sector by 1.79% today. Over the past week, the stock has shown a positive change of 1.05%, while the Sensex has declined by 4.98%, indicating that Milestone Furniture Ltd is gaining traction amidst a broader market downturn.<BR><BR>Additionally, the stock has demonstrated impressive long-term performance, with a remarkable increase of 520.99% over the past year, significantly outperforming the Sensex's 2.71% gain in the same period. This long-term growth trend may contribute to investor confidence, further supporting the stock's rise.<BR><BR>However, it is important to note that there are signs of erratic trading, as the stock did not trade on 5 out of the last 20 days, and there has been a decline in investor participation, with delivery volume falling by 3.85% against the 5-day average. Despite these factors, the overall positive performance metrics and the stock's ability to outperform the sector today suggest that the stock price is on an upward trajectory.

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Which are the latest news on Milestone Furn.?

13-Mar-2026

When is the next results date for Milestone Furniture Ltd?

13-Mar-2026

The next results date for Milestone Furniture Ltd is 16 March 2026.

The next results date for Milestone Furniture Ltd is scheduled for 16 March 2026.

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iScoreScore
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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Furniture, Home Furnishing

stock-summary
Market cap

INR 26 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

42

stock-summary
Dividend Yield

0.00%

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Debt Equity

0.02

stock-summary
Return on Equity

-5.14%

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Price to Book

1.11

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-0.52%
0%
-0.52%
6 Months
120.23%
0%
120.23%
1 Year
493.62%
0%
493.62%
2 Years
657.22%
0%
657.22%
3 Years
397.41%
0%
397.41%
4 Years
205.61%
0%
205.61%
5 Years
63.92%
0%
63.92%

Milestone Furn. for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Board Meeting Intimation for Intimation Under The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Board Meeting Of Directors Scheduled To Be Held On Monday I.E. 16Th March 2026

12-Mar-2026 | Source : BSE

Milestone Furniture Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/03/2026 inter alia to consider and approve As Per attachment

Shareholder Meeting / Postal Ballot-Scrutinizers Report

30-Jan-2026 | Source : BSE

As per attachment

Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On 28Th January 2026 Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

28-Jan-2026 | Source : BSE

As per Attachment.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

16 Mar 2026

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DIVIDEND

No Dividend history available

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SPLITS

No Splits history available

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BONUS

No Bonus history available

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RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
0.00%
EBIT Growth (5y)
0.00%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0.25
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.97%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
42
Price to Book Value
1.10
EV to EBIT
-27.29
EV to EBITDA
-27.29
EV to Capital Employed
1.10
EV to Sales
NA
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-1.94%
ROE (Latest)
-5.14%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

None

Highest Public shareholder

Dipakkumar Chimanlal Shah (3.81%)

Individual Investors Holdings

86.64%

stock-summaryFinancial
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    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "alert": "No Half Yearly Results declared by Milestone Furn."
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Milestone Furn."
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "alert": "No Annual Results declared by Milestone Furn."
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stock-summaryCompany CV
About Milestone Furniture Ltd stock-summary
stock-summary
Milestone Furniture Ltd
Micro Cap
Furniture, Home Furnishing
Milestone Furniture Limited was originally incorporated as a private limited company with the name "Milestone Furniture Private Limited'' on March 12, 2014. The Company got subsequently converted in to a public company and the name was changed to "Milestone Furniture Limited" (MFL) vide fresh certificate of incorporation on July 5th 2017 issued by the Registrar of Companies, Mumbai, Maharashtra.
Company Coordinates stock-summary
Company Details
1st Floor Aslam Compound Shree, Nagar Chandivali Road Sakinaka Mumbai Maharashtra : 400072
stock-summary
Tel: 91-022-28581499/28578954
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vyas_cs@yahoo.in
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad