Company Information
Mil Industries
Limited Unlisted Shares
Board of Directors
Managing Director |
: Mr. Rajiv Sreedhar |
Non-Executive Independent Director |
: Mr. A. Rengarajan |
Woman Director |
: Mrs. Saroja Raman |
Background
The Company is engaged in the business of
anti-corrosive lining of equipment and pipes using rubber and Poly Tetro Flouro
Ethylene (PTFE). The Company's factories are situated at Ambattur and
Gummidipoondi in the state of Tamil Nadu. It has a wholly owned subsidiary: MIL
Industries and Aerospace Limited.
Company Highlights
1) Mil Industries Limited (MIL) mainly operates in two major segments. viz., rubber lining and PTFE Products.
2) Company has proposed to transfer and vesting of PTFE Business Undertaking to MIL Industries & Aerospace Limited, wholly owned subsidiary of MIL.
3) The planned demerger will assist the company and its management in developing a focused operational strategy that will benefit in the respective businesses' growth.
4) In FY22, top line increased by 27% y-o-y & Book value increased by 13% to INR 149.08 per share.
Registered
Office
Plot No. 25A, SIDCO Industrial Estate, Ambattur, Chennai -
600 098
INCORPORATION YEAR |
: 1966 |
WEBSITE |
: milindus.com |
|
|
: mil@milindustries.com |
CIN NO |
: L25199TN1966PLC005397 |
ISIN NO. |
: INE651L01019 |
SECTOR |
: Rubber & Plastic Products |
FACE VALUE |
: 10 |
PROMOTER HOLDING |
: 63.10% |
Consolidated Financial Information for Last 3 Years (Rupees In Crore)
Particulars |
2022 |
2021 |
2020 |
Equity Capital |
3.15 |
3.15 |
3.15 |
Reserve & Surplus |
43.81 |
38.52 |
32.39 |
Net worth |
46.96 |
41.67 |
35.54 |
Book Value Per share Rs. |
149.08 |
132.28 |
112.84 |
Total Income |
55.61 |
43.64 |
63.71 |
Profit |
5.59 |
6.19 |
7.58 |
EPS Rs. |
17.75 |
19.64 |
24.05 |
Dividend Per Share Rs.* |
1.00* |
1.00 |
1.00 |
*The board has recommended a dividend of Rs.1.00 per share for FY 22 (Subject to approval by shareholders)
Annual Report of Mil Industries Limited Unlisted Shares
Mil Industries Limited Financial Statement for FY22
