Milton Industries LimitedMILTONCorporate

Plywood Boards/ Laminates Latest results: Mar 2026 13 quarters of data

₹36.00

MCap ₹61 Cr · P/E 34.0

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🏭 Consumer Durables sector

AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹24 Cr

Sales · Mar 2026

+11.3% YoY

₹2 Cr

Operating Profit · Mar 2026

+79.7% YoY

9.8%

OPM % · Mar 2026

+60.7% YoY

₹1 Cr

Net Profit · Mar 2026

+55.6% YoY

₹0.66

EPS · Mar 2026

+57.1% YoY

📝 Milton Industries Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Milton Industries Limited reported revenue of ₹24 crore for the quarter ended March 2026 (Q4 FY26), up 11.3% from ₹22 crore in the same quarter last year.

Net profit rose 55.6% year-on-year to ₹1 crore, from ₹1 crore. Earnings per share (EPS) came in at ₹0.66.

Operating profit stood at ₹2 crore — an operating margin (OPM) of 9.8%, compared with 6.1% in the year-ago quarter.

Full year and trailing twelve months

On a trailing-twelve-month (TTM) basis, revenue stands at ₹46 crore with a net profit of ₹2 crore.

Valuation snapshot

At the current price of ₹36.00, MILTON has a market capitalisation of ₹61 crore and a trailing P/E of about 34.0.

Within the Plywood Boards/ Laminates industry, it is the 12th-largest of the 13 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 72.96%, domestic institutional investors (DIIs) 0.00%, public shareholders 27.04% of Milton Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹61 Cr

Current Price ?

₹36.0

P/E ?

33.99above ind

Industry P/E ?

33.90

P/B ?

1.24

P/S ?

1.32

P/FCF ?

8.64

Enterprise Value ?

₹78 Cr

EV/EBITDA ?

17.67

PEG ?

N/A

Earnings Yield ?

4.1%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹46 Cr

OPM ?

9.5%

Profit after tax (TTM) ?

₹2 Cr

EPS (TTM) ?

₹1.06

ROCE ?

6.0%

ROE ?

3.7%

ROA ?

2.4%

Growth

Sales — latest qtr ?

₹24 Cr

PAT — latest qtr ?

₹1 Cr

YoY qtr sales growth ?

11.3%

YoY qtr profit growth ?

55.6%

Sales growth (3y) ?

-9%

Sales growth (5y) ?

Profit growth (3y) ?

-14%

Profit growth (5y) ?

-7%

Financial Health

Debt ?

₹17 Cr

Debt to Equity ?

0.34

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

72.96%

Change in promoter holding ?

0.00%

Pledged percentage ?

N/A

Market

Return 3 months ?

-2.6%

Return 6 months ?

-24.7%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026	YoY %	QoQ %
Sales	39	19	23	26	34	29	32	41	48	22	22	22	24	+11.3%	—
Operating Profit	6	3	3	2	4	3	3	2	5	1	1	2	2	+79.7%	—
Other Income	-1	0	0	1	0	0	0	0	0	1	1	0	1	-36.4%	—
Interest	1	1	1	1	0	0	1	1	1	1	1	1	1	-12.5%	—
Depreciation	1	1	1	1	1	1	0	1	1	1	1	1	1	+0.0%	—
Profit Before Tax	3	2	2	2	3	2	2	1	4	1	1	1	2	+70.2%	—
Net Profit	2	2	1	2	2	2	1	1	2	1	1	1	1	+55.6%	—
EPS	1.04	1.09	0.46	0.89	1.02	0.94	0.75	0.44	1.44	0.32	0.42	0.40	0.66	+57.1%	—
OPM %	14.5%	17.0%	13.1%	9.3%	11.4%	8.7%	10.5%	5.2%	10.2%	6.0%	6.1%	9.2%	9.8%	+60.7%	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	17.00	17.00	17.00	17.00	+0.0%
Reserves	26.07	29.25	30.45	32.25	+5.9%
Borrowings	16.46	15.22	20.42	16.92	-17.1%
Other Liabilities	14.56	11.68	8.15	8.82	+8.2%
Total Liabilities	74.09	73.15	76.02	74.99	-1.4%
Fixed Assets	12.41	11.58	11.39	11.02	-3.2%
CWIP	0.00	0.00	0.00	0.00	—
Investments	0.00	0.00	0.00	0.00	—
Other Assets	61.68	61.57	64.63	63.97	-1.0%
Total Assets	74.09	73.15	76.02	74.99	-1.4%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	-8.35	2.24	-2.76	7.91	+386.6%
Cash from Investing Activity	0.78	-0.02	0.57	-0.05	-108.8%
Cash from Financing Activity	6.22	-3.13	3.51	-5.05	-243.9%
Net Cash Flow	-1.34	-0.90	1.32	2.80	+112.1%
Free Cash Flow	-7.63	2.22	-2.25	7.08	+414.7%
CFO/OP	-115%	31%	-60%	190%	+416.7%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	158.64	100.49	169.73	163.11	-3.9%
Inventory Days	225.10	145.20	381.05	372.31	-2.3%
Days Payable	97.60	39.45	72.31	71.57	-1.0%
Cash Conversion Cycle	286.14	206.24	478.47	463.85	-3.1%
Working Capital Days	189.96	148.69	293.60	262.29	-10.7%
ROCE %	9.28%	10.20%	5.01%	5.98%	+19.4%

👥 Shareholding (latest 4 periods)

Metric	Dec 2024	Mar 2025	Sep 2025	Mar 2026	% Chg
Promoters	72.96%	72.96%	72.96%	72.96%	+0.0%
DIIs	0.26%	0.26%	0.26%	0.00%	-100.0%
Public	26.78%	26.78%	26.78%	27.04%	+1.0%
No. of Shareholders	252	243	241	229	-5.0%

⚖️ Peer comparison

Industry: Plywood Boards/ Laminates · 13 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	GREENLAM Greenlam Industries	₹233.45	5,956	64.2	3,169	93	11.4%	2.9%	18.5%	-16.5%	18.2%	231.2%
2	STYLAMIND Stylam Industries	₹3,239.50	5,494	32.3	1,173	169	20.2%	14.4%	10.2%	22.4%	15.4%	70.4%
3	GREENPLY Greenply Industries	₹290.40	3,627	36.7	2,863	99	10.0%	3.5%	10.1%	-2.1%	20.7%	32.2%
4	GREENPANEL Greenpanel Industries	₹153.00	1,876	278.2	1,561	7	8.0%	0.4%	7.2%	-140.4%	6.6%	103.6%
5	RUSHIL Rushil Decor	₹15.65	459	19.3	907	24	9.9%	2.6%	-4.1%	-83.7%	29.3%	114.5%
6	SYLVANPLY Sylvan Plyboard	₹120.85	234	29.4	252	7	8.3%	2.8%	—	—	-2.2%	-25.0%
7	ARCHIDPLY Archidply Industries	₹102.89	206	15.7	712	13	6.7%	1.8%	20.6%	208.4%	27.8%	888.8%
8	523732 Ecoboard Industries	₹32.01	161	—	33	-10	-28.1%	-31.0%	88.1%	44.9%	583.2%	-8.5%
9	WIPL Western India	₹169.58	144	—	116	-0	2.0%	-0.2%	2.5%	-83.9%	-8.7%	-188.2%
10	AIROLAM Airo Lam	₹84.70	127	20.0	258	6	7.9%	2.5%	13.5%	76.1%	27.7%	9.1%
11	516003 Duroply Industries	₹275.00	112	149.5	409	2	5.0%	0.5%	8.3%	-62.2%	6.5%	-60.8%
12	MILTON Milton Industri.	₹39.70	67	37.5	46	2	9.5%	3.9%	—	—	11.3%	55.6%
13	ADL Archidply Decor	₹71.54	40	—	46	-0	3.4%	-0.2%	-11.7%	-100.0%	-0.1%	-78.2%

❓ Frequently asked questions

What was Milton Industries Limited's revenue in Q4 FY26?