Hot Deals:
5 star business 495.00 (-1.00 %) a v thomas 11,770.00 (-0.25 %) amol minechem 620.00 (1.64 %) anand i-power 20.00 anglo french 370.00 (-2.37 %) aricent 575.00 (0.88 %) arohan 181.00 (0.56 %) assam carbon 243.00 (-2.80 %) associated pigments limited 42.00 (-4.55 %) atlas copco 5,500.00 (1.85 %) auckland 130.00 (-3.70 %) axles 150.00 (11.11 %) b9 bira 772.00 (0.26 %) balmer lawrie van leer 300.00 bharat hotels 162.00 (1.25 %) bikaji foods 390.00 (1.04 %) boat 850.00 (-3.41 %) c & s electric 470.00 (-4.08 %) capgemini 11,000.00 (-2.22 %) care health 136.00 (-2.86 %) carrier aircon 260.00 (1.96 %) cial 180.00 (-1.64 %) csfbl 265.00 (-3.64 %) csk 160.00 (3.23 %) dalmia bharat refractories 81.00 (-4.71 %) east india pharmaceutical 39.00 (-2.50 %) eaton fluid 303.00 (1.00 %) electronica plastic 4,100.00 (-4.65 %) elgi ultra 400.00 elofic 1,909.00 (0.47 %) epiroc 1,224.00 (-2.08 %) esl steel 31.00 (-3.13 %) fincare 74.00 (1.37 %) fincare business services 43.00 fino paytech 145.00 (3.57 %) frick india 3,806.00 (0.16 %) gkn drive 1,051.00 (0.10 %) godavari biorefineries 71.00 (1.43 %) hdbfsl 600.00 (-2.44 %) hdfc ergo 363.80 hdfc securities 11,700.00 (1.74 %) hella india 190.00 (4.97 %) hero fincorp 714.00 (-1.24 %) hicks 2,100.00 (-2.55 %) hira ferro 121.00 (-3.20 %) honeywell electrical 3,555.00 (-1.25 %) icex 5.01 (0.20 %) incred financial 100.00 india carbon 1,060.00 (-3.64 %) india exposition mart 146.00 (0.69 %) indian potash limited 1,405.00 (0.36 %) indofil industries 700.00 (-1.41 %) infinite computer 700.00 inkel 12.95 (-0.38 %) ixigo 105.00 (-4.55 %) jana sfbl 75.00 kial 107.00 (-2.73 %) kurlon enterprise 640.00 (-3.03 %) kurlon limited 426.00 (-3.18 %) lava 123.00 (1.65 %) manipal hfsl 72.50 (0.69 %) manjushree technopack 1,010.00 (-3.81 %) martin and harris 1,980.00 (-1.98 %) merino 2,900.00 (-4.92 %) minosha 280.00 (-3.45 %) mitsubishi heavy industries 355.00 (1.43 %) mkcl 415.00 (1.22 %) mobikwik 450.00 (-4.26 %) mohan meakin 1,212.00 (1.00 %) mohfl 11.90 (-1.65 %) msei 1.00 (-4.76 %) msil 56.00 (3.70 %) nayara energy 150.00 (6.38 %) ncdex 275.00 ncl buildtek 175.00 (-5.41 %) ncl holdings 47.50 (1.06 %) nse 3,050.00 (-1.61 %) orbis financial 68.00 (1.49 %) oswal minerals 64.00 (-1.54 %) otis 3,800.00 (-2.56 %) oyo rooms 99.00 (-1.00 %) panasonic appliances 306.00 (0.33 %) panasonic avc 29.10 (0.34 %) paymate india 600.00 (-3.38 %) pharm easy 38.00 (-2.56 %) philips domestic 570.00 (3.64 %) philips india 1,100.00 (1.85 %) pnb metlife 70.00 proyuga adtech 25.00 ramaraju surgical 530.00 (0.57 %) reliance general insurance 340.00 resins plastics 414.00 (1.97 %) ring plus 370.00 (1.37 %) rrl 3,000.00 (3.45 %) sabmiller 350.00 (-2.78 %) satya micro 200.00 scottish assam 565.00 (-0.88 %) shriram life 251.00 (0.40 %) signify 1,050.00 (-6.75 %) smile microfin 56.00 (1.82 %) sri vishnu shankar 510.00 (-2.30 %) sterlite power 925.00 (2.78 %) studds 1,155.00 (0.43 %) t stanes 675.00 tata tech 5,250.00 (0.96 %) tmbl 530.00 (-1.85 %) trl krosaki 1,224.00 (-2.16 %) utkarsh coreinvest 127.00 (-2.31 %) vikram solar 55.50 (-0.89 %) xerox 243.00 (1.25 %)
×

mil industries Limited

210.00
+ 5.00 %
Scrip Name
MIL INDUSTRIES
ISIN No.
INE651L01019
PAN No.
AAACM4380Q
Face Value
10
No. of Outstanding Shares
3,150,000
Market Capitalization
66.15 Crore

MIL INDUSTRIES LIMITED SHARE


ABOUT MIL INDUSTRIES LIMITED


MIL INDUSTRIES LIMITED is engaged in the manufacture of corrosion and abrasion resistant linings for chemical, fertilizer and other process industries. The company was setup in collaboration with Societe Chimique de Gerland, France and got technical know-how from OHJI Rubber & Chemicals Company, Japan.


MIL Industries owns the largest and modern rubber lining facility of India. The company has a market share of 40% in Rubber Lining field. The company was the one to introduce the cold bond rubber lining technique for large capacity storage tanks.


The company also manufactures a wide range of Plastic Lined Pipes & Fittings, PTFE lined Dip Pipes, PTFE Expansion Joints, Thermowells, Spargers, Plain / Corrugated PTFE Hoses and so on. The company imports its latest technology from M/s. Fluorocarbon Company Ltd., UK.


The company also supplies Air Pollution Control Systems for dust and fumes removal and solvent recovery systems based on carbon adsorption technology.


The client base of MIL Industries Limited has some prominent names like Sterlite Industries (India) Limited, Madras Fertilisers, Hindalco Industries, Grasim industries, etc.


The equity shares of MIL Industries Limited are listed on Metropolitan Stock Exchange of India.


INCORPORATION DETAILS


CIN

L25199TN1966PLC005397

Registration Date

11 February 1966

Category/Sub-category of the Company

Limited by Shares

Address of the Registered office and contact details

25A, SIDCO Industrial Estate,

Ambattur, Chennai – 600 098

Phone: 044-26258382 Fax: 044-26257583

Email: mil@milindustries.com

Website: www.milindus.com

Name, Address and Contact Details of

Registrar and Transfer Agent, if any

Integrated Registry Management Services Pvt. Limited

‘Kences Towers’, II Floor, 1 Ramakrishna Street,

North Usman Road, T. Nagar,

Chennai – 600 017

Phone: 044-28140801-803

Email: corpserv@integratedindia.in

 

PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY

Name and Description of main products/services

NIC Code of the product/service

% to total turnover of the Company

Manufacture of Rubber Lining Products, Trading of Rubber lining materials and Rubber linings

22191

70.80%

Manufacture of PTFE Lined Pipes and Fittings and PTFE Products

22209

29.20%

 

BOARD OF DIRECTORS

Noman H. Millwala (Chairman)

Rajiv Sreedhar (Managing Director)

Saroja Raman

K.J. Janakar

Dr. T. Venkatesan


PARTICULARS OF SUBSIDIARY COMPANIES

Name of the Company

% of shares held

MIL Industries and Aerospace Limited

100.00%

 

 

MIL INDUSTRIES LIMITED UNLISTED SHARE DETAILS


Total Available Shares:

31,50,000

Face Value:

Rs. 10 Per Equity Share

ISIN:

INE651L01019

PAN No.:

AAACM4380Q

Last Traded Price:

Rs.240/-

Lot Size:

100

Market Capitalization:

Rs. 75.60 Crore


 

SHAREHOLDING PATTERN

(As on 31-06-2021)

S. No.

Shareholder’s Name

Number of shares

% of total Shares of the company

1

Promoters Shareholding

19,87,060

63.08%

2

Public Shareholding

11,62,940

36.92%

 

Total

31,50,000

100.00%


INDUSTRY OUTLOOK

 

Rubber Industry in India has been growing with strength. India is the fifth largest producer of natural rubber in the world and ranks second in the consumption of natural rubber. The plantations of the rubber has reached near saturation in Kerala and Tamil Nadu. Therefore, now plantations is moving to North Eastern region of India.


Before 2001, Rubber was listed as a negative import which greatly reduced opportunities in the country’s rubber industry. However, now India has accepted foreign rubber companies to come to India, thus offering many opportunities for companies around the world.


The growing demand for rubber material has opened up many opportunities for rubber companies in India. The automobile sector holds many opportunities being the largest consumer of natural rubber. In 2016, there was a reported 15 percent growth in this industry, and annual growth according to this trend is expected for the next few years. Growth in income and standard of living will provide major opportunities for rubber exports.


India’s rubber industry requires international cooperation to pursue the nation’s rubber board agenda to bring rubber plantation within the boundaries of Carbon Trade and Kyoto protocol. Both these refer to emission and pollution control. While Carbon Trade allows companies to sell pollution rights to other companies who need them, Kyoto refers to accepting and taking responsibility for global warming and making amends fix it.

 

PROFIT & LOSS STATEMENT OF MIL INDUSTRIES LIMITED                        (In Rs. Lakhs)

 

PARTICULARS

FY 2021

FY 2020

FY 2019

FY 2018

Revenue from Operations

4,192.16

6,093.35

4,112.45

2,993.13

EBITDA

873.83

919.12

659.71

152.95

EBITDA margins

20.84%

15.08%

16.04%

5.11%

Finance Cost

30.85

26.76

34.59

42.17

Depreciation

132.19

113.35

81.39

88.34

Other Income

171.76

277.64

150.22

229.92

Profit Before Tax and Exceptional items

882.55

1,056.65

693.95

252.36

Exceptional items

0

0

0.00

0.00

Total Tax

263.82

298.61

230.73

82.67

Profit After Tax (PAT)

618.73

758.04

463.22

169.69

EPS

19.64

24.06

14.71

5.39

 

BALANCE SHEET OF MIL INDUSTRIES LIMITED (In Rs. Lakhs)

PARTICULARS

31st March 2021

31st March 2020

ASSETS



NON CURRENT ASSETS



Tangible assets

809.14

709.93

Financial assets

16.60

15.53

Tax assets

2.67

1.81

Preliminary expenses

3.05

3.05

TOTAL NON CURRENT ASSETS

831.46

730.32

CURRENT ASSETS



Inventories

1,232.86

894.24

Trade receivables

1,287.91

971.28

Cash and cash equivalent

1,972.19

1,867.18

Other current assets

244.65

189.56

TOTAL CURRENT ASSETS

4,737.61

3,922.26

TOTAL ASSETS

5,569.07

4,652.58

EQUITY AND LIABILITIES



EQUITY



Equity Share Capital

315.00

315.00

Other Equity

3,851.57

3,239.34

TOTAL EQUITY

4,166.57

3,554.34

LIABILITIES



CURRENT LIABILITIES



Short term borrowings

46.70

68.29

Trade payables

620.48

435.68

Other financial liabilities

463.64

416.91

Other current liabilities

271.68

177.36

TOTAL CURRENT LIABILITIES

1,402.50

1,098.24

TOTAL EQUITY AND LIABILITIES

5,569.07

4,652.58

 

DIVIDEND HISTORY

Particulars

2020

2019

2018

Dividend (final + interim) (In Rs.)

1

Nil

Nil

Retained Earnings (Consolidated) (In Rs. Lakhs)

3,201.22

2,481.29

2,018.07

 

PERFORMANCE OF THE COMPANY

Revenue from Operations of the company decreased by 31.20% from Rs. 6,093.35 lakhs in FY 2020 to Rs. 4,192.16 lakhs in FY 2021.


EBITDA of the company decreased by 4.93% from Rs. 919.12 lakhs in FY 2020 to Rs. 873.83 lakhs in FY 2021. EBITDA margins of the company increased from 15.08% in FY 2020 to 20.84% in FY 2021.


Net Profit of the company decreased by 18.38% from Rs. 758.04 lakhs in FY 2020 to Rs. 618.73 lakhs in FY 2021.


Current Ratio of the company as of 31st March 2021 was 3.37.


Debt to Equity ratio of the company as of 31st March 2021 was 0.01.

 

The book value per equity share of the company as of 31st March 2021 was Rs. 132.27.


Powered by Froala Editor

Annual Reports

2020-21

Download

2019-20

Download

2018-19

Download

2017-18

Download

2016-17

Download

2015-16

Download

2014-15

Download

Corporate Actions

2020-21

Download
Wealth Wisdom - WWIPL
Support Megha Support Neha Support Pallavi