Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · Milestone Furniture Limited · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Milestone Furniture Limited
BSE: 541337
BSE: 541337
Consumer Discretionary › Consumer Durables › Consumer Durables › Furniture, Home Furnishing
Milestone Furniture Limited
StateQ2 FY26 filed
Last close · 27 Oct 2026₹27.99
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA28.9 · 1.07 · —
Milestone Furniture Limited is a Consumer Durables company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY21–FY25 (all audited; no estimate years)
| ₹ crore · standalone | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | — | — | — | (0) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | — | — | — | (1) | (0) |
| EPS, as reported (₹) | (1.35) | (1.65) | (0.71) | (1.36) | (0.52) |
| ROE % · ROCE % | — · (4.5) | — · (5.8) | — · (2.5) | (2.5) · (2.5) | (2.0) · (1.9) |
| Debt / equity (x) | — | — | — | 0.02 | 0.02 |
| Cash from operations | 0 | (0) | 0 | (0) | (0) |
| Capex | — | — | — | 0 | 0 |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Milestone Furniture Limited · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY21 | Q2 FY22 | Q4 FY22 | Q2 FY23 | Q4 FY23 | Q4 FY24 | Q4 FY25 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (1) | (3) | 2 | (0) | (0) | (0) |
| Net profit | — | — | — | — | — | (0) | (0) | (0) |
| EPS (₹) | (0.08) | (0.26) | (1.39) | (2.81) | 2.11 | (0.74) | (0.22) | (0.18) |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TIRUPATI FOAM LIMITED | 30 | 13.8 | 0.88 | — | 5.7 | 5.5 | — | 7.2 |
| Milestone Furniture Limited ◆ | 26 | 28.9 | 1.07 | — | — | — | — | — |
| Shashwat Furnishing Solutions | 12 | 14.0 | — | — | — | (7.4) | — | — |
| Magenta Lifecare Limited | 6 | 22.9 | — | — | — | 1.3 | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 28.9 | 25.9 | 105 of 191 | 45% |
| P/B | 1.1 | 2.2 | 57 of 189 | 70% |
| Debt / Equity | 0.0 | 0.2 | 47 of 190 | 76% |
| Market cap | 26 | 223 | 185 of 228 | 19% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Milestone Furniture Limited · 29 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 23 Oct 2026 · Company Secretary Abhishek Pokharna resigns effective 20 September 2026 | management changes | medium | — | — |
| 23 Oct 2026 · Board approves FY26 accounts, secretary resignation and capital plans | management changes | medium | — | — |
| 23 Oct 2026 · Board defers Rs 5.75 crore debenture conversion, ends UMT Infra deal and clears FY26 accounts | board shareholder meetings | low | — | — |
| 23 Oct 2026 · Board meeting set for FY26 results and major corporate actions | results | low | — | — |
| 29 Sept 2026 · ROC grants extension to hold AGM for Milestone Furniture Limited | regulatory legal | medium | — | — |
| 29 Sept 2026 · New auditor appointed; OCD allotment deferred, capital hike and ESOP 2026 approved | management changes | medium | — | — |
| 29 Sept 2026 · Auditor Resigns Mid-Term; New Auditor Appointed; ESOP 2026 Approved | management changes | high | — | — |
| 29 Sept 2026 · Board approves OCD conversion, new auditor, ESOP 2026; capital raised to Rs 60 cr | management changes | high | — | — |
| 18 Sept 2026 · Two directors resign, including Whole-Time Director | management changes | high | — | — |
| 18 Sept 2026 · Board appoints two new directors, one Independent and one Executive | management changes | medium | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in