Annual reportSep 2026
Sep 2026 · Updates 6 Sep - Milton Industries issued FY2025-26 annual report and AGM notice for 28 Sep 2026, with reappointments and related-party approvals.
Source: Nse
MILTON INDUSTRIES LTD. (MILTON)
SME CapConsumer stocks · SME cap · NSE
MILTON INDUSTRIES LTD. operates in Plastic Products, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹36
-0.75 · -2.04%
Market cap ₹61.2 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals20 Oct 2026 · screener
Latest result01 Jun, 07:50 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
48NeutralMACD + · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 56
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MILTOND candles · FIT view-20.1%Latest close ₹36.00 on 2026-10-15
Bar
-6.6%
RSI
48
MACD hist
0.04
52W pos
39%
2026-10-15O ₹38.55H ₹38.55L ₹36.00C ₹36.00Vol 6,600 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MILTONNifty Consumer DurablesNifty 500
- MILTON
- +2.4%
- Nifty 500
- -3.3%
- Nifty Consumer Durables
- -6.5%
- Vs Nifty 500
- +5.7 pp
Chart stats
15 Oct 2026- From 52W high
- -32.7%
- 52W range position
- 39%
- ATR (14)
- 4.9%
- Volume vs 20D
- 0.10x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹33.8 - ₹40.5
₹53.5
₹24.9 - ₹53.5
₹1.7
Latest completed session
20-session average
64.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED14
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -49.1% · PAT -54.1% YoY
Technical
Neutral48
Price trend and sector-relative-strength timing.
Valuation
Legacy model-649.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Bad · 0/100Rev -49% YoY · PAT -54% YoY · margin expansion · +11% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹24.4 Cr | -49.1% | +10.9% |
| EBITDA | ₹2.4 Cr | NDF | +17.7% |
| Operating margin | 9.8% | NDF | +58 bps |
| PAT | ₹1.1 Cr | -54.1% | +64.7% |
| PAT margin | 4.6% | NDF | +150 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 34.00
- P/B
- 1.24
- EV/EBITDA
- 13.90
- Market Cap
- 61.20Cr
Profitability
- ROE
- 3.72%
- ROCE
- 5.98%
- ROA
- 2.40%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 2.00%
- EPS 5Y
- -7.00%
- Revenue 3Y
- -9.00%
- EPS 3Y
- -14.00%
Balance Sheet
- Debt/Equity
- 0.34
- Interest Coverage
- 2.83×
- Altman Z
- 3.08
- Book Value
- 29.00
Cash Flow
- FCF Yield
- 12.86%
- FCF Positive Y
- 7/5
- OCF
- 7.91 Cr
- EPS TTM
- 1.06
Shareholding
- Promoter Hold
- 56.92%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 39%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 46.4+5.1% vs prev
Net Profit
₹ CrLatest: 1.8+50.0% vs prev
Return on Equity
%Latest: 3.6+44.3% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term trend unclear. RSI 48.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 48 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 33% off 52W high · 45% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
-
RS percentile
Insufficient history
1M return
-11.1%
3M return
-29.4%
6M return
-
1Y return
-
RS 1D
-
RS 20D
-
Sector rank
#9
Industry rank
#59
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
93 observations
15 Oct 2026Value 147.79-2.67%
RS vs Nifty 500148
Valuation & peers
U-Score 14 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 14 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth2/25
Quality0/20
Balance Sheet7/15
Cash Flow8/10
Piotroski
6/9 (+3)
Penalties
-8
Raw sum
14
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
14/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 12.9%.
- Cash flow contributes 8/10 to the score.
- Balance sheet contributes 7/15 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -649.7%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
34.0
PB
1.2
EV/EBITDA
13.9
ROE
3.7%
ROCE
6.0%
FCF Yield
12.9%
Debt/Equity
0.3
MoS
-649.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
14
Previous: 14
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-649.7%
Previous: -649.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
16
16
16
16
16
16
16
16
16
16
14
14
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹26.3
-36.9% MoS
Growth-justified P/E
4.5
Growth-justified Value
₹4.8
-649.7% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CELLO
Micro
Cello World Limited
Consumer Durables
match 64
38
26.7
13.2%
+22%
WATCHLIST
ATLASCYCLE
Small
Atlas Cycles (Haryana) Limited
Consumer Durables
match 55
10
—
-28.0%
-1637%
OVERVALUED
KHAITANLTD
Small
Khaitan (India) Limited
Consumer Durables
match 51
57
9.9
18.0%
+69%
FAIR VALUE
GREENCHEF
SME
Greenchef Appliances Ltd.
Consumer Durables
match 46
4
206.0
1.4%
-4664%
OVERVALUED
YASHOPTICS
SME
Yash Optics & Lens Ltd.
Consumer Durables
match 42
34
36.4
9.5%
-1%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
MILTON INDUSTRIES LTD. operates in Plastic Products, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
66Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 49th percentile of the scored universe and 52nd percentile within Consumer. Main check: results consistency is weak at 15/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Consumer: 52nd pctile, median 66 · SME: 60th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
15
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 73%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 12.1%.
- ▸7 years of positive FCF.
Trust risks
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 6%.
- ▸ROE is low at 3.7%.
- ▸0/4 latest quarters had positive YoY revenue growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching MILTON INDUSTRIES LTD.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.