Milestone Furn.

Why is Milestone Furniture Ltd falling/rising?

As of 17-Jul, the stock price of Milestone Furniture Ltd is stable at Rs 28.38, with indicators suggesting a positive trend despite a year-to-date decline of 8.57%. Recent gains and long-term growth of 246.52% over the past year indicate a rising trend for the stock.

As of 17-Jul, the stock price of Milestone Furniture Ltd is currently stable at Rs 28.38, showing no change (0.00%). Despite this stability, there are several indicators suggesting a positive trend in the stock's performance. <BR><BR>Over the past week, the stock has underperformed compared to the Sensex, with a change of 0.00% against the Sensex's increase of 0.75%. However, in the last month, Milestone Furniture Ltd has seen a gain of 2.09%, while the Sensex has risen by 1.29%. This indicates a relative strength in the stock's performance over this period. <BR><BR>Year-to-date, the stock is down by 8.57%, which is slightly worse than the Sensex's decline of 8.30%. However, on a one-year basis, the stock has experienced a significant increase of 246.52%, contrasting sharply with the Sensex's decline of 4.99%. This long-term growth is further supported by a remarkable increase of 386.79% over three years, compared to the Sensex's 17.36%.<BR><BR>Today's trading performance shows that the stock has outperformed its sector by 3.06%, and it opened with a gain of 4.15%. The stock reached an intraday high of Rs 28.4, reflecting a 4.37% increase. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 46.34% compared to the five-day average. <BR><BR>The stock is currently trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it is below the 100-day moving average. This suggests a generally positive trend in the short to medium term. <BR><BR>In summary, while the stock price remains unchanged today, the overall performance indicators, including recent gains, long-term growth, and increased investor participation, suggest a rising trend for Milestone Furniture Ltd.

Which are the latest news on Milestone Furn.?

What does Milestone Furn. do?

Milestone Furniture Ltd is a micro-cap company in the furniture and home furnishing industry, incorporated in 2014 and public since 2017. It has a market cap of INR 23 Cr, with no recent revenue or profit data available.

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, changing its name to Milestone Furniture Limited on July 5, 2017. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 23 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 53<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.02<BR>Return on Equity: -5.14%<BR>Price-to-Book: 0.95<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 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. They oversee 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.

Who are the peers of the Milestone Furn.?

Milestone Furn.'s peers include Hardwyn India, BirlaNu Ltd, Stanley Lifesty., Tirupati Foam, Shashwat Furnis., Golden Carpets, Magenta Life, Rexpro Enter., and Safe Enterprises. Milestone Furn. leads in 1-year returns at 425.46%, while BirlaNu Ltd has the lowest at -46.09%.

Peers: The peers of Milestone Furn. are Hardwyn India, BirlaNu Ltd, Stanley Lifesty., Tirupati Foam, Shashwat Furnis., Golden Carpets, Magenta Life, Rexpro Enter., and Safe Enterprises.<BR><BR>Quality Snapshot: Excellent management risk is observed at Hardwyn India and Safe Enterprises, while Average management risk is found at BirlaNu Ltd, Stanley Lifesty., and the rest. Below Average management risk is noted at Tirupati Foam, Shashwat Furnis., Magenta Life, and Rexpro Enter. Growth is Excellent at Safe Enterprises, Below Average at Hardwyn India, BirlaNu Ltd, Stanley Lifesty., Tirupati Foam, Shashwat Furnis., Magenta Life, and the rest, while Milestone Furn. and Golden Carpets do not qualify. Capital Structure is Excellent at Hardwyn India and Safe Enterprises, Average at Stanley Lifesty. and Shashwat Furnis., Below Average at BirlaNu Ltd, Tirupati Foam, and Magenta Life, while Milestone Furn. and Golden Carpets do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Milestone Furn. at 425.46%, while the lowest is BirlaNu Ltd at -46.09%. Milestone Furn.'s return significantly outperforms all peers. Additionally, the six-month return is negative for BirlaNu Ltd, Stanley Lifesty., Tirupati Foam, Shashwat Furnis., Magenta Life, and Rexpro Enter.

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