Milton Industri.

  • Market Cap: Micro Cap
  • Industry: Plywood Boards/ Laminates
  • ISIN: INE376Y01016
  • NSEID: MILTON
  • BSEID:
INR
47.50
-2.5 (-5.0%)
BSENSE

Feb 09

BSE+NSE Vol: 8800

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

8.8 k (42.86%) Volume

Shareholding (Sep 2025)

FII

0.00%

Held by 0 FIIs

DII

0.26%

Held by 0 DIIs

Promoter

72.96%

When is the next results date for Milton Industri.?

06-Jun-2025

No Upcoming Board Meetings

What is the bonus history of the Milton Industri.?

06-Jun-2025

Milton Industries Ltd had a notable 1:10 bonus issue announced on October 14, 2019, with a record date of October 15, 2019, meaning shareholders received one additional share for every ten shares held.

Milton Industries Ltd has a bonus history that includes a notable 1:10 bonus issue, which was announced with an ex-date of October 14, 2019. The record date for this bonus was October 15, 2019. This means that for every 10 shares held, shareholders received an additional share as a bonus. If you have any more questions about the company or its financial activities, feel free to ask!

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Has Milton Industri. declared dividend?

06-Jun-2025

No Dividend History Available

What is the technical trend for Milton Industri.?

09-Jun-2025

As of April 23, 2025, Milton Industri's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, despite mixed signals from the MACD and KST.

As of 23 April 2025, the technical trend for Milton Industri has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bearish on both the weekly and monthly time frames. Daily moving averages are bearish, and the KST is mildly bullish weekly but mildly bearish monthly. The Dow Theory shows no trend in both weekly and monthly analyses. The OBV is mildly bearish weekly but bullish monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mixed signals from the MACD and KST.

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Who are the peers of the Milton Industri.?

16-Jul-2025

Milton Industri.'s peers include Rushil Decor, Archidply Inds., Airo Lam, Sylvan Plyboard, W I Plywoods, Naman In-Store, Archidply Decor, Ecoboard Inds., and Duroply Indust. In terms of performance, Milton Industri. has a 1-year return of -31.35%, better than Sylvan Plyboard's -37.31% but worse than W I Plywoods' 2.43%.

Peers: The peers of Milton Industri. are Rushil Decor, Archidply Inds., Airo Lam, Sylvan Plyboard, W I Plywoods, Naman In-Store, Archidply Decor, Ecoboard Inds., and Duroply Indust.<BR><BR>Quality Snapshot: Excellent management risk is observed at Naman In-Store, while Average management risk is found at Rushil Decor and Milton Industri., and the rest have Below Average management risk. Growth is Excellent at Naman In-Store, Average at Rushil Decor and W I Plywoods, and the rest have Below Average growth. Capital Structure is Average at Milton Industri. and W I Plywoods, Below Average at Rushil Decor, Archidply Inds., Airo Lam, Sylvan Plyboard, Naman In-Store, Archidply Decor, Ecoboard Inds., and Duroply Indust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is W I Plywoods at 2.43%, while the lowest is Sylvan Plyboard at -37.31%. Milton Industri.'s 1-year return is -31.35%, which is better than Sylvan Plyboard but worse than W I Plywoods. Additionally, the six-month return is negative for Sylvan Plyboard, W I Plywoods, Milton Industri., and Naman In-Store.

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Who are in the management team of Milton Industri.?

16-Jul-2025

As of March 2022, the management team of Milton Industri includes Vijay Pal Jain (Chairman & Managing Director), Ajay Mahipal Singh Jain, Abhay Kumar Mahipalsingh Jain, Vikas Jain, Saket Jain (all Whole-time Directors), Neha Jain, Vaibhav Jain, Rakesh Mehtani, and Mahesh Samatbhai Patel (Independent Directors), along with Ronak Maheshwari as Company Secretary & Compliance Officer. This team oversees the company's operations and governance.

As of March 2022, the management team of Milton Industri includes the following individuals:<BR><BR>1. Vijay Pal Jain - Chairman & Managing Director<BR>2. Ajay Mahipal Singh Jain - Director<BR>3. Abhay Kumar Mahipalsingh Jain - Whole-time Director<BR>4. Vikas Jain - Whole-time Director<BR>5. Saket Jain - Whole-time Director<BR>6. Neha Jain - Director<BR>7. Vaibhav Jain - Independent Director<BR>8. Rakesh Mehtani - Independent Director<BR>9. Mahesh Samatbhai Patel - Independent Director<BR>10. Ronak Maheshwari - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of executive and independent directors, overseeing various aspects of the company's operations and governance.

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What does Milton Industri. do?

17-Jul-2025

Milton Industries Ltd operates in the plywood boards and laminates industry as a micro-cap company, originally incorporated in 1985. It has a market cap of INR 49 Cr, with key metrics including a P/E of 41.00 and a debt-equity ratio of 0.28.

Overview:<BR>Milton Industries Ltd operates in the plywood boards and laminates industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Milton Industries Ltd was originally incorporated in 1985 as "Milton Laminates Private Limited". It transitioned to a public limited company and changed its name to "Milton Laminates Limited" in 1997, before adopting its current name on April 3, 2007. 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 49 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 41.00<BR>Industry P/E: 50<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.28<BR>Return on Equity: 2.59%<BR>Price to Book: 1.06<BR><BR>Contact Details:<BR>Address: 1/2 Chitra-Ami Appartment, Opp La Gajjar Chamber Ashram Rd Ahmedabad Gujarat : 380009<BR>Tel: 91-79-26584193/26588448<BR>Email: milton@miltonindustries.in<BR>Website: http://www.miltonindustries.in

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Who are the top shareholders of the Milton Industri.?

17-Jul-2025

The top shareholders of Milton Industri include promoter Babita Jain with 7.17% and public shareholder Dheeraj Kumar Lohia with 1.71%. Individual investors collectively own 23.0%, while there are no mutual funds or foreign institutional investors holding shares.

The top shareholders of Milton Industri include the promoters, who hold the majority of the shares. The promoter with the highest holding is Babita Jain, who owns 7.17% of the company. Additionally, the highest public shareholder is Dheeraj Kumar Lohia, holding 1.71%. Individual investors collectively hold 23.0% of the shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

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How big is Milton Industri.?

24-Jul-2025

As of 23rd July, Milton Industries Ltd has a market capitalization of 49.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. Shareholder's Funds are 46.25 Cr and Total Assets are valued at 73.15 Cr as of March 2024.

As of 23rd July, <BR><BR>Market Cap: Milton Industries Ltd has a market capitalization of 49.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 46.25 Cr and Total Assets valued at 73.15 Cr.

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Is Milton Industri. overvalued or undervalued?

24-Sep-2025

As of September 23, 2025, Milton Industries is considered very expensive and overvalued with a PE ratio of 38.95 and low returns on capital and equity, underperforming the Sensex by -35.82% year-to-date.

As of 23 September 2025, the valuation grade for Milton Industries has moved from fair to very expensive. The company is currently overvalued, with a PE ratio of 38.95, an EV to EBIT of 42.67, and an EV to EBITDA of 23.90. In comparison to its peers, Century Plyboard has a PE ratio of 88.53 and an EV to EBITDA of 38.70, while Greenply Industries shows a PE ratio of 47.56 and an EV to EBITDA of 18.49, indicating that Milton Industries is trading at a premium despite its lower performance metrics.<BR><BR>The company's return on capital employed (ROCE) stands at a mere 2.32%, and the return on equity (ROE) is at 2.53%, which are significantly lower than industry standards. Additionally, the stock has underperformed against the Sensex, with a year-to-date return of -35.82% compared to the Sensex's gain of 6.45%. This further reinforces the view that Milton Industries is overvalued in the current market context.

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How has been the historical performance of Milton Industri.?

15-Nov-2025

Milton Industri experienced significant financial declines from March 2024 to March 2025, with net sales and operating income halving, while profits and cash flow turned negative. Total liabilities and debt increased, indicating a challenging year for the company.

Answer:<BR>The historical performance of Milton Industri shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Milton Industri's net sales peaked at 89.06 Cr in March 2024 but dropped to 44.17 Cr by March 2025. Total operating income followed a similar trend, decreasing from 89.06 Cr in March 2024 to 44.17 Cr in March 2025. The raw material cost also saw a decline, from 63.87 Cr in March 2024 to 27.81 Cr in March 2025. Operating profit, excluding other income, decreased from 7.02 Cr in March 2024 to 2.66 Cr in March 2025, reflecting a drop in operating profit margin from 7.88% to 6.02%. Profit before tax fell from 4.29 Cr in March 2024 to 1.55 Cr in March 2025, while profit after tax decreased from 3.19 Cr to 1.20 Cr in the same period. The company's total liabilities increased from 73.15 Cr in March 2024 to 76.03 Cr in March 2025, with total debt rising from 15.22 Cr to 20.42 Cr. Cash flow from operating activities turned negative, dropping to -2.00 Cr in March 2025 from 2.00 Cr in March 2024, although net cash inflow improved to 1.00 Cr in March 2025. Overall, the financial performance of Milton Industri indicates a challenging year in 2025 compared to the previous year.

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Why is Milton Industries Ltd falling/rising?

08-Feb-2026

As of 08-Feb, Milton Industries Ltd's stock price is at 50.00, down 1.96%. This decline is due to decreased investor participation and short-term weakness, despite strong long-term performance.

As of 08-Feb, Milton Industries Ltd's stock price is currently at 50.00, reflecting a decrease of 1.0 or 1.96%. This decline can be attributed to several factors. Despite the stock having shown strong performance over longer periods, such as a 56.25% increase over the past month and a remarkable 289.11% increase over the last five years, it has underperformed today, lagging behind its sector by 3.51%. <BR><BR>Additionally, there has been a notable drop in investor participation, with delivery volume on February 5 falling by 62.96% compared to the five-day average. This decrease in trading activity may indicate waning investor interest, contributing to the stock's downward movement. While the stock remains above its longer-term moving averages, it is currently below its five-day moving average, suggesting a short-term weakness in price momentum. Overall, these factors combine to explain the current decline in Milton Industries Ltd's stock price.

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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Plywood Boards/ Laminates

stock-summary
Market cap

INR 85 Cr (Micro Cap)

stock-summary
P/E

67.00

stock-summary
Industry P/E

49

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.22

stock-summary
Return on Equity

2.49%

stock-summary
Price to Book

1.77

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
81.64%
0%
81.64%
6 Months
64.36%
0%
64.36%
1 Year
28.21%
0%
28.21%
2 Years
5.09%
0%
5.09%
3 Years
86.64%
0%
86.64%
4 Years
158.15%
0%
158.15%
5 Years
287.76%
0%
287.76%

Milton Industri. 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

Why is Milton Industries Ltd falling/rising?

Strong Price Momentum and Benchmark Comparison

Milton Industries Ltd's stock price increased by ₹1.90, or 4.95%, as of 08:56 PM on 16-Jan, signalling a strong upward momentum. This rise is part of a broader trend where the stock has outpaced the Sensex and its sector peers over multiple time frames. Over the past week, Milton Industries surged by 14.18%, while the Sensex remained virtually flat with a marginal 0.04% gain. The one-month and year-to-date returns for the stock stand at an impressive 31.97%, contrasting sharply with the Sensex’s declines of 0.64% and 1.67%, respectively. Even over longer horizons, Milton Industries has delivered substantial gains, with a three-year return of 58.78% compared to the Sensex’s 43.59%, and a remarkable five-year return of 209.62%, nea...

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Announcements stock-summary

Milton Industries Limited - Clarification - Financial Results

03-Dec-2019 | Source : NSE

Milton Industries Limitedies Limited for the quarter ended 30-Sep-2019 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Milton Industries Limited - Clarification

27-Nov-2019 | Source : NSE

Milton Industries Limited with respect to announcement dated 07-Nov-2019, regarding Resignation of Mr Ishwar Singh as Non- Executive Independent Director of the company w.e.f. November 07, 2019. On basis of above the Company is required to clarify following: 1. Whether intimated in 24hrs. 2.áA confirmation from the independent director stating that no other material reasons for resignation other than provided. The response of the Company is awaited.

Milton Industries Limited - Outcome of Board Meeting

15-Nov-2019 | Source : NSE

Milton Industries Limited has informed the Exchange regarding Board meeting held on November 14, 2019.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

Milton Industries Ltd has announced 1:10 bonus issue, ex-date: 14 Oct 19

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
-8.40%
EBIT Growth (5y)
-26.25%
EBIT to Interest (avg)
3.08
Debt to EBITDA (avg)
5.10
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
0.97
Tax Ratio
23.23%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.26%
ROCE (avg)
6.66%
ROE (avg)
15.99%

Valuation key factors

Factor
Value
P/E Ratio
67
Industry P/E
Price to Book Value
1.68
EV to EBIT
61.43
EV to EBITDA
34.41
EV to Capital Employed
1.55
EV to Sales
2.07
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.53%
ROE (Latest)
2.49%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
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

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Babita Jain (7.17%)

Highest Public shareholder

Dheeraj Kumar Lohia (1.71%)

Individual Investors Holdings

22.97%

stock-summaryFinancial
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    "alert": "No Quarterly Results declared by Milton Industri."
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  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 0.41% vs -1.53% in Mar 2025",
        "dir": 1
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        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -5.56% vs 30.91% in Mar 2025",
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        "Sep'25",
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          "val2": "21.92",
          "chgp": "0.41%",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.02",
          "val2": "1.34",
          "chgp": "50.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.79",
          "val2": "0.88",
          "chgp": "-10.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.68",
          "val2": "0.72",
          "chgp": "-5.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.18%",
          "val2": "6.11%",
          "chgp": "3.07%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Milton Industri."
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    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
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        "suffix": "YoY Growth in year ended Mar 2025 is -50.40% vs 46.12% in Mar 2024",
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        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -62.38% vs 11.15% in Mar 2024",
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    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
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      "body": [
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          "field": "Net Sales",
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          "chgp": "-50.40%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.66",
          "val2": "7.02",
          "chgp": "-62.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.69",
          "val2": "1.88",
          "chgp": "-10.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.20",
          "val2": "3.19",
          "chgp": "-62.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.02%",
          "val2": "7.88%",
          "chgp": "-1.86%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Mar'25
Change(%)
Net Sales
22.01
21.92
0.41%
Operating Profit (PBDIT) excl Other Income
2.02
1.34
50.75%
Interest
0.79
0.88
-10.23%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.68
0.72
-5.56%
Operating Profit Margin (Excl OI)
9.18%
6.11%
3.07%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 0.41% vs -1.53% in Mar 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is -5.56% vs 30.91% in Mar 2025

Annual Results Snapshot (Standalone) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
44.17
89.06
-50.40%
Operating Profit (PBDIT) excl Other Income
2.66
7.02
-62.11%
Interest
1.69
1.88
-10.11%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.20
3.19
-62.38%
Operating Profit Margin (Excl OI)
6.02%
7.88%
-1.86%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is -50.40% vs 46.12% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is -62.38% vs 11.15% in Mar 2024

stock-summaryCompany CV
About Milton Industries Ltd stock-summary
stock-summary
Milton Industries Ltd
Micro Cap
Plywood Boards/ Laminates
Milton Industries Limited was originally incorporated on August 23, 1985 as "Milton Laminates Private Limited". Further the Company was converted into Public Limited Company and the name of the Company was changed to "Milton Laminates Limited" on March 31, 1997. Later, the name further was changed to "Milton Industries Limited" on April 3, 2007.
Company Coordinates stock-summary
Company Details
1/2 Chitra-Ami Appartment, Opp La Gajjar Chamber AshramRd Ahmedabad Gujarat : 380009
stock-summary
Tel: 91-79-26584193/26588448
stock-summary
milton@miltonindustries.in
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai