Milestone Global Ltd
Incorporated in 1991, Milestone Global Ltd is primarily engaged in the manufacture and sale of Polished Granite Monuments.
- Market Cap ₹ 14.0 Cr.
- Current Price ₹ 27.9
- High / Low ₹ 34.9 / 12.3
- Stock P/E 13.9
- Book Value ₹ 18.0
- Dividend Yield 0.00 %
- ROCE 10.7 %
- ROE 7.67 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 53.1 to 37.2 days.
- Company's working capital requirements have reduced from 115 days to 90.6 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.13% over past five years.
- Company has a low return on equity of 5.39% over last 3 years.
- Earnings include an other income of Rs.0.39 Cr.
* 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9.40 | 5.08 | 7.66 | 7.90 | 9.02 | 8.80 | 10.02 | 11.92 | 12.44 | 13.18 | 18.60 | 15.51 | 15.31 | |
8.64 | 4.88 | 6.91 | 7.58 | 8.30 | 8.27 | 9.34 | 11.30 | 11.73 | 12.68 | 17.77 | 14.84 | 14.20 | |
Operating Profit | 0.76 | 0.20 | 0.75 | 0.32 | 0.72 | 0.53 | 0.68 | 0.62 | 0.71 | 0.50 | 0.83 | 0.67 | 1.11 |
OPM % | 8.09% | 3.94% | 9.79% | 4.05% | 7.98% | 6.02% | 6.79% | 5.20% | 5.71% | 3.79% | 4.46% | 4.32% | 7.25% |
-0.50 | -0.02 | 0.01 | 0.04 | -0.25 | -0.18 | 0.14 | 0.16 | 0.14 | 0.19 | 0.49 | 0.47 | 0.39 | |
Interest | 0.39 | 0.26 | 0.25 | 0.29 | 0.31 | 0.29 | 0.25 | 0.26 | 0.27 | 0.23 | 0.11 | 0.00 | 0.00 |
Depreciation | 0.57 | 0.51 | 0.47 | 0.32 | 0.31 | 0.33 | 0.31 | 0.27 | 0.26 | 0.26 | 0.26 | 0.26 | 0.22 |
Profit before tax | -0.70 | -0.59 | 0.04 | -0.25 | -0.15 | -0.27 | 0.26 | 0.25 | 0.32 | 0.20 | 0.95 | 0.88 | 1.28 |
Tax % | 24.29% | 10.17% | 25.00% | 4.00% | -6.67% | 14.81% | -19.23% | 12.00% | 15.62% | 160.00% | 22.11% | 28.41% | |
-0.52 | -0.53 | 0.03 | -0.24 | -0.16 | -0.23 | 0.31 | 0.22 | 0.26 | -0.13 | 0.73 | 0.63 | 1.01 | |
EPS in Rs | -1.04 | -1.06 | 0.06 | -0.48 | -0.32 | -0.46 | 0.62 | 0.44 | 0.52 | -0.26 | 1.45 | 1.26 | 2.02 |
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: | 12% |
5 Years: | 9% |
3 Years: | 8% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 34% |
TTM: | 130% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 16% |
3 Years: | 39% |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 |
Reserves | 2.31 | 1.83 | 1.87 | 1.17 | 1.24 | 1.44 | 1.82 | 2.02 | 2.28 | 2.00 | 2.87 | 3.52 | 4.03 |
2.57 | 2.62 | 2.50 | 2.94 | 2.66 | 2.45 | 2.14 | 1.96 | 2.16 | 2.84 | 0.07 | 0.00 | 0.00 | |
0.95 | 0.79 | 0.80 | 0.51 | 0.56 | 0.44 | 0.62 | 0.69 | 1.04 | 1.17 | 1.45 | 1.42 | 1.55 | |
Total Liabilities | 10.85 | 10.26 | 10.19 | 9.64 | 9.48 | 9.35 | 9.60 | 9.69 | 10.50 | 11.03 | 9.41 | 9.96 | 10.60 |
4.22 | 3.66 | 3.40 | 2.74 | 3.34 | 3.20 | 3.37 | 3.26 | 3.22 | 3.20 | 3.02 | 3.45 | 3.35 | |
CWIP | 0.00 | 0.00 | 0.24 | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 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 | 0.30 | 0.34 |
6.63 | 6.60 | 6.55 | 6.66 | 6.14 | 6.15 | 6.23 | 6.43 | 7.28 | 7.79 | 6.35 | 6.21 | 6.91 | |
Total Assets | 10.85 | 10.26 | 10.19 | 9.64 | 9.48 | 9.35 | 9.60 | 9.69 | 10.50 | 11.03 | 9.41 | 9.96 | 10.60 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.29 | -0.36 | 0.88 | 0.37 | 1.37 | 0.59 | -0.03 | 0.10 | 0.35 | -0.13 | 2.72 | 1.07 | |
-0.39 | 0.03 | -0.43 | -0.15 | -0.62 | -0.46 | -0.12 | 0.27 | -0.39 | -0.34 | 0.10 | -0.93 | |
0.01 | 0.00 | -0.29 | 0.11 | -0.53 | -0.45 | -0.18 | -0.25 | 0.17 | 0.68 | -2.73 | 0.35 | |
Net Cash Flow | -0.09 | -0.33 | 0.16 | 0.34 | 0.22 | -0.32 | -0.33 | 0.13 | 0.12 | 0.21 | 0.09 | 0.50 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 36.50 | 114.96 | 98.64 | 69.30 | 50.58 | 46.87 | 35.70 | 48.38 | 44.01 | 75.05 | 47.10 | 37.18 |
Inventory Days | 227.07 | 339.53 | 198.12 | 242.69 | 170.00 | 194.30 | 238.37 | 219.25 | 235.94 | 159.46 | 82.45 | 78.83 |
Days Payable | 28.59 | 28.29 | 12.49 | 28.15 | 26.43 | 16.52 | 32.03 | 31.14 | 43.78 | 33.13 | 24.03 | 29.15 |
Cash Conversion Cycle | 234.98 | 426.20 | 284.26 | 283.84 | 194.15 | 224.65 | 242.04 | 236.49 | 236.18 | 201.38 | 105.51 | 86.86 |
Working Capital Days | 148.72 | 319.02 | 203.47 | 203.75 | 151.34 | 171.30 | 179.95 | 163.82 | 163.43 | 167.55 | 87.33 | 90.60 |
ROCE % | 1.91% | -3.10% | 3.18% | 0.43% | 6.32% | 2.92% | 5.70% | 5.67% | 6.39% | 4.45% | 11.90% | 10.67% |
Documents
Announcements
- Unaudited Quarterly Financial Results For The Quarter Ended 31St December 2023 10 Feb
- Board Meeting Intimation for Inter Alia Approving The Unaudited Quarterly Financial Results For The Quarter Ended 31St December 2023. 31 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st December 2023.
- Quarterly Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount On Loans From Banks / Financial Institutions And Unlisted Debt Securities 2 Jan
- Closure of Trading Window 1 Jan
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
-
Financial Year 2007
from bse
Business Overview:[1]
Company has access to 30+ colors of granite. Besides Indian granites, it also deals in South African, Norwegian and Finnish granites. Company has executed prestigious projects like war memorials and town center squares in the USA, Ireland, UK and UAE.