Milestone Furn.

Why is Milestone Furniture Ltd falling/rising?

As of 31-Aug, Milestone Furniture Ltd's stock price is Rs 22.44, down 5.0% after a trend reversal. The stock has significantly underperformed its sector and shows a year-to-date decline of 27.71%, indicating waning investor confidence and a bearish trend.

As of 31-Aug, Milestone Furniture Ltd's stock price is falling, currently at Rs 22.44, which reflects a decrease of Rs 1.18 or 5.0%. This decline follows a trend reversal after four consecutive days of gains, indicating a shift in market sentiment. The stock has underperformed its sector by 5.48% today, suggesting that it is not keeping pace with its peers.<BR><BR>The stock's performance over different periods shows a significant year-to-date decline of 27.71%, which is more pronounced than the Sensex's drop of 9.70%. Additionally, the stock has experienced a 16.80% decrease over the past month. Today's trading also revealed a low intraday price of Rs 22.44, indicating that investor confidence may be waning.<BR><BR>Moreover, there has been a notable drop in investor participation, with delivery volume falling by 9.09% compared to the 5-day average. This decrease in trading activity could further contribute to the stock's downward pressure. Although the stock is trading above its 5-day moving averages, it remains below the longer-term moving averages of 20, 50, 100, and 200 days, which may signal a bearish trend. Overall, these factors collectively explain the current decline in Milestone Furniture Ltd's stock price.

Who are in the management team of Milestone Furn.?

The management team of Milestone Furn. includes Digambar Sudam Songhare (Managing Director), P S Ganeshkumar (Executive Chairman & CEO), Kangan Dhamija (Company Secretary), and several independent and additional directors, overseeing the company's operations and strategic direction.

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>This team is responsible for overseeing the operations and strategic direction of the company.

What does Milestone Furn. do?

Milestone Furniture Ltd is a micro-cap company in the furniture and home furnishing industry, incorporated in 2014 and publicly listed since 2017. It currently has no reported sales or profit data, with a market cap of INR 22 Cr.

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 Limited was originally incorporated as a private limited company on March 12, 2014, and later converted into a public company, changing its name to "Milestone Furniture Limited" 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 22 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 52<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.02<BR>Return on Equity: -5.14%<BR>Price-to-Book: 0.90<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

Who are the peers of the Milestone Furn.?

Milestone Furn.'s peers include BirlaNu Ltd, Stanley Lifesty., Hardwyn India, Tirupati Foam, Shashwat Furnis., Golden Carpets, Magenta Life, Rexpro Enter., and Safe Enterprises. Milestone Furn. has the highest 1-year return at 92.29%, while Stanley Lifesty. has the lowest at -54.84%.

Peers: The peers of Milestone Furn. are BirlaNu Ltd, Stanley Lifesty., Hardwyn India, Tirupati Foam, Shashwat Furnis., Golden Carpets, Magenta Life, Rexpro Enter., and Safe Enterprises.<BR><BR>Quality Snapshot: Below Average management risk is observed at BirlaNu Ltd, Stanley Lifesty., Shashwat Furnis., Magenta Life, and Rexpro Enter., while Average management risk is found at Hardwyn India, Tirupati Foam, and Safe Enterprises. Milestone Furn. and Golden Carpets do not qualify for management risk assessment. Below Average growth is noted at BirlaNu Ltd, Stanley Lifesty., Tirupati Foam, Shashwat Furnis., Magenta Life, and Rexpro Enter., while Average growth is seen at Hardwyn India and Safe Enterprises. Milestone Furn. and Golden Carpets do not qualify for growth assessment. Capital Structure is Excellent at Hardwyn India, Good at Rexpro Enter., Average at Stanley Lifesty. and Shashwat Furnis., and Below Average at BirlaNu Ltd, Tirupati Foam, Magenta Life, and Safe Enterprises, with Milestone Furn. and Golden Carpets not qualifying.<BR><BR>Return Snapshot: Milestone Furn. has a 1-year return of 92.29%, the highest among its peers, while Stanley Lifesty. has the lowest at -54.84%. Compared to its peers, Milestone Furn.'s return is significantly higher. Additionally, the six-month return is negative for Hardwyn India, Stanley Lifesty., and Magenta Life.

Which are the latest news on Milestone Furn.?

When is the next results date for Milestone Furniture Ltd?

The next results date for Milestone Furniture Ltd is 18 March 2026.

The next results date for Milestone Furniture Ltd is scheduled for 18 March 2026.

Is Milestone Furn. overvalued or undervalued?

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.

How has been the historical performance of Milestone Furn.?

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.

How big is Milestone Furn.?

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.

Who are the top shareholders of the Milestone Furn.?

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.

What is the technical trend for Milestone Furn.?

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.

Has Milestone Furn. declared dividend?

No Dividend History Available