Milton Industries Ltd

Milton Industri. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Milton Industries Ltd

₹ 35.2 -5.00%
21 Nov - close price
Company website NSE - SME: MILTON
About

Incorporated in 1985, Milton Industries
Ltd manufactures artificial leather, laminates,
and glass fiber-reinforced epoxy resin sheets.

Key Points

Business Overview:[1]
Company manufactures and exports high-pressure laminates, industrial Laminates, laminated boards, and flooring laminates which are used on walls, doors, windows, cupboards, tabletops, hotels, cash counters, home kitchens, etc.

Website NSE - SM
  • Market Cap ₹ 59.7 Cr.
  • Current Price ₹ 35.2
  • High / Low ₹ 48.4 / 29.0
  • Stock P/E 20.2
  • Book Value ₹ 27.5
  • Dividend Yield 0.00 %
  • ROCE 10.2 %
  • ROE 7.14 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Debtor days have improved from 128 to 100 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.46% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plywood Boards/Laminates Industry: Miscellaneous

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
28.89 39.43 18.83 23.35 25.59 34.07 29.40 31.55 41.10 47.96 22.26
26.38 33.71 15.63 20.30 23.20 30.17 26.85 28.25 38.97 43.07 20.93
Operating Profit 2.51 5.72 3.20 3.05 2.39 3.90 2.55 3.30 2.13 4.89 1.33
OPM % 8.69% 14.51% 16.99% 13.06% 9.34% 11.45% 8.67% 10.46% 5.18% 10.20% 5.97%
0.69 -0.56 0.34 0.21 0.58 0.12 0.18 0.09 0.01 0.23 0.58
Interest 0.88 1.18 0.99 0.78 0.81 0.47 0.40 0.57 0.86 1.02 0.81
Depreciation 0.61 0.80 0.69 0.60 0.64 0.80 0.72 0.35 0.54 0.55 0.55
Profit before tax 1.71 3.18 1.86 1.88 1.52 2.75 1.61 2.47 0.74 3.55 0.55
Tax % 0.00% 44.34% 0.00% 57.98% 0.00% 36.73% 0.00% 48.58% 0.00% 31.27% 0.00%
1.71 1.77 1.86 0.79 1.51 1.74 1.60 1.27 0.75 2.44 0.55
EPS in Rs 1.01 1.04 1.09 0.46 0.89 1.02 0.94 0.75 0.44 1.44 0.32
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
46.37 45.39 41.60 41.99 43.47 39.01 53.79 68.16 42.19 59.66 60.95 89.06 70.22
42.97 42.02 38.42 37.60 38.78 34.69 49.40 59.92 35.94 53.38 55.10 82.04 64.00
Operating Profit 3.40 3.37 3.18 4.39 4.69 4.32 4.39 8.24 6.25 6.28 5.85 7.02 6.22
OPM % 7.33% 7.42% 7.64% 10.45% 10.79% 11.07% 8.16% 12.09% 14.81% 10.53% 9.60% 7.88% 8.86%
0.18 0.08 0.68 0.05 0.17 0.59 1.49 0.13 0.55 0.70 0.27 0.24 0.81
Interest 1.73 1.67 2.06 2.15 2.29 2.31 1.88 2.06 1.77 1.28 0.97 1.88 1.83
Depreciation 0.70 0.68 0.85 1.05 1.27 1.27 1.24 1.41 1.29 1.45 1.08 1.09 1.10
Profit before tax 1.15 1.10 0.95 1.24 1.30 1.33 2.76 4.90 3.74 4.25 4.07 4.29 4.10
Tax % 25.22% 31.82% 33.68% 82.26% 27.69% 2.26% 28.99% 28.78% 29.14% 23.53% 29.48% 25.64%
0.86 0.74 0.63 0.22 0.94 1.30 1.96 3.48 2.65 3.25 2.87 3.19 2.99
EPS in Rs 1.56 1.35 1.15 0.40 1.71 0.76 1.15 2.05 1.56 1.91 1.69 1.88 1.76
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 7%
5 Years: 11%
3 Years: 28%
TTM: -3%
Compounded Profit Growth
10 Years: 16%
5 Years: 10%
3 Years: 6%
TTM: 46%
Stock Price CAGR
10 Years: %
5 Years: 25%
3 Years: 33%
1 Year: 4%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 7%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5.00 5.00 5.00 5.00 5.00 15.45 15.45 17.00 17.00 17.00 17.00 17.00 17.00
Reserves 5.63 6.37 6.92 7.17 8.27 13.40 15.36 17.30 19.94 23.20 26.07 29.25 29.80
14.92 17.52 20.56 23.58 22.84 21.89 16.39 16.39 12.68 8.89 16.46 15.22 15.62
12.75 12.39 15.19 12.76 19.52 18.82 15.64 20.62 14.71 12.63 14.56 11.68 8.00
Total Liabilities 38.30 41.28 47.67 48.51 55.63 69.56 62.84 71.31 64.33 61.72 74.09 73.15 70.42
5.44 6.01 5.50 12.63 12.24 10.98 10.82 12.27 13.21 12.66 12.41 11.58 11.48
CWIP 0.38 0.54 6.32 0.42 0.28 0.47 0.04 0.00 0.24 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
32.48 34.73 35.85 35.46 43.11 58.11 51.98 59.04 50.88 49.06 61.68 61.57 58.94
Total Assets 38.30 41.28 47.67 48.51 55.63 69.56 62.84 71.31 64.33 61.72 74.09 73.15 70.42

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.57 0.24 5.07 1.32 3.26 -11.30 6.30 5.20 7.71 8.10 -8.35 2.24
-0.79 -1.36 -6.21 -2.21 -0.51 0.29 0.75 -3.06 -2.00 -0.33 0.78 -0.02
-0.83 1.10 1.21 1.13 -2.78 11.35 -7.13 -1.64 -5.37 -5.10 6.22 -3.13
Net Cash Flow -0.05 -0.02 0.07 0.23 -0.04 0.33 -0.08 0.51 0.34 2.67 -1.34 -0.90

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 61.55 62.88 69.58 86.40 129.56 155.60 140.87 148.55 225.02 123.46 158.64 100.49
Inventory Days 207.26 220.15 241.30 243.04 251.87 362.46 176.81 154.33 302.38 218.04 225.10 145.20
Days Payable 82.18 87.55 122.74 69.80 144.34 179.53 90.30 97.73 137.65 76.09 97.60 39.45
Cash Conversion Cycle 186.64 195.48 188.13 259.64 237.08 338.52 227.38 205.16 389.75 265.41 286.14 206.24
Working Capital Days 152.00 176.35 170.30 186.63 185.31 346.57 241.03 200.23 303.75 200.98 265.89 198.98
ROCE % 11.33% 10.18% 8.67% 9.94% 9.99% 8.41% 9.48% 14.22% 10.99% 11.20% 9.28% 10.20%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.42% 72.42% 72.42% 72.96% 72.96% 72.96% 72.96% 72.96% 72.96% 72.96% 72.96% 72.96%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.26% 0.26%
27.58% 27.59% 27.58% 27.04% 27.04% 27.04% 27.04% 27.04% 27.04% 27.04% 26.78% 26.78%
No. of Shareholders 277274277275288289297297290265273258

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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