Milton Industries
- Market cap
- ₹ 67 Cr.
- P/E
- 43.2x
- P/B
- 1.3x
- 52-week range
- 24.85 – 53.5
- ROE
- 4%
- ROCE
- 6%
- Dividend yield
- 0%
- Debt / equity
- 0.34
- Sector
- Consumer Durables
- Industry
- Plywood Boards/ Laminates
- Listed on
- NSE SME
About
Milton Industries Limited is an India-based company, which is engaged in manufacturing laminates, artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets in the state of Gujarat. The Company manufactures and exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, GFRE Sheets and other allied products. The Company’s laminates are used on walls, doors, windows, cupboards, tabletops, hotels, cash counters, home kitchen, and others. Its artificial leather cloth and GFRE Sheets are manufactured and supplied to Indian Railways and Road transport Corporation such as South-Central Railways, Secundrabad, Central Railway workshop Matunga-Mumbai, Telangana State Road transport corporation, Karimnagar. The Company’s decorative & industrial laminates also called high pressure laminates are used for flooring, for door, windows, cupboards in hotels, for site panels, for tabletop counter at banks and other places.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plywood Boards/ Laminates: 17 companies →Milton Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)43.2 against a typical 40: pricier than most peers (1st = cheapest).11th of 17
- Sales growth−49.1% against a typical +15.2% from a year earlier.14th of 15
- Profit growth−54.1% against a typical −54.1% from a year earlier.5th of 9
- Share price, 3 months+37.1% against a typical −8.7%.1st of 17
- Size₹ 67.4 Cr. market value against a typical ₹ 131.5 Cr. (1st = largest).14th of 17
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 May 2026 | Financial Results | To consider and approve the standalone Audited Financial Results of the company for half year and financial year ended on March 31, 2026 |
| 22 Nov 2025 | Financial Results | MILTON : 22-Nov-2025 : The Company has informed the Exchange that a Board meeting to be held on November 14, 2025 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on November 22, 2025, To consider and approve the Unaudited financial results for the period ended September 30, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the Un-audited financial results along with Limited Review Report for the period ended September 30, 2025 |
| 8 Sep 2025 | Other business matters | To consider other business matters Approval of Notice to convene 39th Annual General Meeting of the Company. Approval the date of AGM. Consider and approve Board Report along with all the annexures including Management Discussion and Analysis Report for the Financial Year 2024-25. |
| 30 May 2025 | Board Meeting Intimation | MILTON INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 30-May-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2025 . |
| 26 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19 | 23 | 26 | 34 | 29 | 32 | 41 | 48 | 22 | 22 | 22 | 24 |
| Expenses | 16 | 20 | 23 | 30 | 27 | 28 | 39 | 43 | 21 | 21 | 20 | 22 |
| Operating Profit | 3 | 3 | 2 | 4 | 3 | 3 | 2 | 5 | 1 | 1 | 2 | 2 |
| OPM % | 17% | 13.1% | 9.3% | 11.5% | 8.7% | 10.5% | 5.2% | 10.2% | 6% | 6.1% | 9.2% | 9.8% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 |
| Interest | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 2 | 3 | 2 | 2 | 1 | 4 | 1 | 1 | 1 | 2 |
| Tax % | 0% | 58% | 0% | 36.7% | 0% | 48.6% | 0% | 31.3% | 0% | 30.8% | 0% | 36.7% |
| Net Profit | 2 | 1 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| EPS in Rs | 1.09 | 0.46 | 0.89 | 1.02 | 0.94 | 0.75 | 0.44 | 1.44 | 0.32 | 0.42 | 0.4 | 0.66 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 1%
- 5 Years
- 2%
- 3 Years
- −9%
- TTM
- 5%
- 10 Years
- 23%
- 5 Years
- −7%
- 3 Years
- −14%
- TTM
- 50%
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 11%
- TTM
- —
- 10 Years
- 6%
- 5 Years
- 6%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Milton Industries | ₹ 45.80 | ₹ 67 Cr. | 43.2x | 1.3x | 4% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.6x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.9x | 9.1x | 14% | 8.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 90.6x | 5.8x | 6.7% | 3.7% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 149.7x | 6.1x | 13.5% | 16% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 79x | 3.6x | 5.9% | 8.4% |
Management
- Vijaipal Bhagmal Jain
- Managing Director, Executive Chairman of the Board
- Saket Vijaipal Jain
- Chief Financial Officer, Whole Time Director
- Abhay Kumar Mahipalsingh Jain
- Whole Time Director
- Vikas Vijaipal Jain
- Whole Time Director
- Ronak Maheshwari
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.