MarketFriction

Milestone Global Ltd

BSE 531338 · Other Construction Materials
₹20.99 -0.52%
BSE close2026-09-30
Market cap₹10.6 Cr.
P/E36.7

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3.574.254.003.303.582.163.264.183.653.023.134.57
Expenses3.343.803.913.123.602.143.143.903.782.842.634.55
Operating Profit0.230.450.090.18-0.020.020.120.28-0.130.180.500.02
OPM %6.44%10.59%2.25%5.45%-0.56%0.93%3.68%6.70%-3.56%5.96%15.97%0.44%
Other Income0.070.110.000.060.160.000.120.240.110.020.090.04
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.060.060.140.080.100.090.070.090.090.090.110.09
Profit before tax0.240.50-0.050.160.04-0.070.170.43-0.110.110.48-0.03
Tax %0.00%6.00%400.00%0.00%0.00%0.00%64.71%0.00%0.00%0.00%35.42%0.00%
Net Profit0.230.47-0.250.160.04-0.070.060.43-0.100.110.31-0.03
EPS in Rs0.460.94-0.500.320.08-0.140.120.86-0.200.220.62-0.06
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9.028.8010.0211.9212.4413.1818.6015.5115.5112.3113.9714.37
Expenses8.308.279.3411.3011.7312.6817.7714.8414.4611.9613.1113.80
Operating Profit0.720.530.680.620.710.500.830.671.050.350.860.57
OPM %7.98%6.02%6.79%5.20%5.71%3.79%4.46%4.32%6.77%2.84%6.16%3.97%
Other Income-0.25-0.180.140.160.140.190.490.470.250.300.460.26
Interest0.310.290.250.260.270.230.110.000.010.010.030.00
Depreciation0.310.330.310.270.260.260.260.260.330.340.360.38
Profit before tax-0.15-0.270.260.250.320.200.950.880.960.300.930.45
Tax %6.67%-14.81%-19.23%12.00%15.62%160.00%22.11%28.41%23.96%33.33%18.28%
Net Profit-0.16-0.230.310.220.26-0.130.730.630.730.200.750.29
EPS in Rs-0.32-0.460.620.440.52-0.261.451.261.450.401.490.58
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth4%1%-3%9%
Compounded Profit Growth14%51%6%-37%
Stock Price CAGR16%8%13%-20%
Return on Equity5%7%6%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.025.025.025.025.025.025.025.025.025.025.025.02
Reserves1.171.241.441.822.022.282.002.873.524.254.455.12
Borrowings2.942.662.452.141.962.162.840.070.000.000.000.00
Other Liabilities0.510.560.440.620.691.041.171.451.421.251.491.94
Total Liabilities9.649.489.359.609.6910.5011.039.419.9610.5210.9612.08
Fixed Assets2.743.343.203.373.263.223.203.023.453.143.182.92
CWIP0.240.000.000.000.000.000.040.040.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.300.310.370.35
Other Assets6.666.146.156.236.437.287.796.356.217.077.418.81
Total Assets9.649.489.359.609.6910.5011.039.419.9610.5210.9612.08
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.371.370.59-0.030.100.35-0.132.721.07-0.340.40-0.29
Cash from Investing Activity-0.15-0.62-0.46-0.120.27-0.39-0.340.10-0.930.04-0.40-0.09
Cash from Financing Activity0.11-0.53-0.45-0.18-0.250.170.68-2.730.350.140.180.00
Net Cash Flow0.340.22-0.32-0.330.130.120.210.090.50-0.160.18-0.39
Free Cash Flow0.200.710.37-0.51-0.060.12-0.462.640.43-0.360.05-0.39
CFO/OP128%193%109%-4%21%55%-18%353%176%-3%129%-12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days69.3050.5846.8735.7048.3844.0175.0547.1037.1848.7147.7452.52
Inventory Days242.69170.00194.30238.37219.25235.94159.4682.4578.83107.73190.91321.46
Days Payable28.1526.4316.5232.0331.1443.7833.1324.0329.1531.4636.2450.80
Cash Conversion Cycle283.84194.15224.65242.04236.49236.18201.38105.5186.86124.99202.41323.18
Working Capital Days69.7746.5471.34102.36103.80100.0588.9086.7490.60118.84147.66164.86
ROCE %0.43%6.32%2.92%5.70%5.67%6.39%4.45%11.90%10.67%10.89%2.67%9.79%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.25%73.25%73.25%73.25%73.25%73.25%73.25%73.26%73.26%73.26%73.26%73.26%
DIIs5.98%5.98%5.98%5.98%5.98%5.98%5.98%5.32%5.32%5.32%5.32%5.32%
Public20.77%20.76%20.77%20.77%20.76%20.76%20.77%21.42%21.43%21.43%21.43%21.43%
No. of Shareholders1,0451,1551,2331,2741,3821,3921,4441,4611,4181,4061,4081,393

Fundamentals

Market Cap₹ 10.6 Cr.
Current Price₹ 21.2
Stock P/E36.7
Book Value₹ 20.2
ROCE9.79 %
ROE7.65 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)-37%
Consolidated figures.
Valuation
Market capRs 11 Cr
Enterprise valueRs 10 Cr
P/E (TTM)36.32x
Price to book1.04x
Price to sales0.73x
EV / EBITDA11.33x
EV / EBIT20.30x
EV / sales0.68x
Earnings yield2.75%
P/E, 3-year average26.35x
P/B, 3-year average1.15x
P/E, 5-year average20.94x
P/B, 5-year average1.11x
Profitability
Operating margin (excl. other income)6.16%
Operating margin (incl. other income)9.45%
EBITDA margin5.98%
Pre-tax margin3.13%
Net profit margin2.02%
Net margin, latest quarter-0.66%
ROE7.65%
ROCE9.79%
ROA6.51%
ROE, 3-year average5.99%
ROCE, 3-year average8.00%
ROA, 3-year average5.17%
ROE, 5-year average7.09%
ROCE, 5-year average9.31%
ROA, 5-year average5.83%
ROIC (approx.)4.20%
Tax rate18.28%
Other income / net worth4.54%
Growth
Sales growth (latest year)13.48%
Profit growth (latest year)275.00%
Sales CAGR, 3 years-3.43%
Sales CAGR, 5 years1.17%
Profit CAGR, 3 years5.98%
Sales growth QoQ46.01%
Profit growth QoQ-109.68%
Sales growth YoY (latest quarter)9.33%
Profit growth YoY (latest quarter)-106.98%
Per share
EPS (TTM)Rs 0.58
EPS (latest year)Rs 1.49
EPS (latest quarter)Rs -0.06
EPS, 3-year averageRs 1.12
EPS, 5-year averageRs 1.21
Book value per shareRs 20.21
Sales per shareRs 28.64
Cash flow per shareRs -0.58
Free cash flow per shareRs -0.78
Efficiency
Asset turnover1.16x
Fixed asset turnover4.78x
Inventory turnover1.61x
Inventory days227 days
Debtor days53 days
Debtors turnover6.95x
Creditor days51 days
Cash conversion cycle323 days
Working capital days165 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.92x
Interest coverage16.00x
Owners' fund to total sources83.94%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -0 Cr
Cash from ops / profit, 5 years1.17x
Statement figures
Net sales (TTM)Rs 14 Cr
Net sales (latest year)Rs 14 Cr
Sales (latest quarter)Rs 5 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 7 Cr
Total expenditure (latest year)Rs 13 Cr
Total income (latest year)Rs 14 Cr
Share capitalRs 5 Cr
ReservesRs 5 Cr
Shareholders' fundsRs 10 Cr
Total assetsRs 12 Cr
Net blockRs 3 Cr
InvestmentsRs 0 Cr
ReceivablesRs 2 Cr
InventoryRs 4 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.50
Ownership
Promoter holding73.26% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 36.3 is at the 91th percentile of its own 5.8-year range (median 20.6, low 10.0, high 75.5).
P/B 1.04 is at the 53th percentile (median 1.02).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period531338Nifty 50Difference
1 week+13.5%-2.8% +16.2 pts
1 month+27.2%-6.8% +34.0 pts
3 months+19.6%-7.6% +27.2 pts
3 years+43.5%+14.2% +29.3 pts
5 years+57.7%+27.9% +29.8 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was -14% of net profit over the last 3 years
lookInventory outrunning sales Inventory grew 50% vs sales +13% in 2026
lookProfit leans on other income Other income was 49% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹5 Cr +9.3% vs Jun 2025. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Milestone Global Ltd?

Milestone Global Ltd (531338) has a market capitalisation of Rs 10.6 Cr. at the 2026-09-30 close.

What is the P/E ratio of Milestone Global Ltd?

Milestone Global Ltd trades at a P/E of 36.7 on trailing twelve-month profit, at the 2026-09-30 close.

What were Milestone Global Ltd's latest quarterly results?

In the Jun 2026 quarter, Milestone Global Ltd sales was Rs 5 Cr (+9.3% vs Jun 2025) with a net loss of Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03