Milestone Global Ltd - Stock Valuation and Financial Performance

BSE: 531338 | NSE: | Miscellaneous | Small Cap

Milestone Global Share Price

27.70 -0.20 -0.72%
as on 24-Apr'24 14:20

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Milestone Global stock performance -

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P/E Ratio (SA):
21.96
Market Cap:
14 Cr.
52-wk low:
12.3
52-wk high:
34.9

Is Milestone Global Ltd an attractive stock to invest in?

1. Is Milestone Global Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Milestone Global Ltd is a below average quality company.

2. Is Milestone Global Ltd undervalued or overvalued?

The key valuation ratios of Milestone Global Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Milestone Global Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Milestone Global Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Milestone Global:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Milestone Global Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.2%3.8%3.4%2.9%2.3%2.7%2.5%0.8%7.1%4.2%-
Value Creation
Index
-0.8-0.7-0.8-0.8-0.8-0.8-0.8-0.9-0.5-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7.17.38.58.59.311.412131814.615
Sales YoY Gr.-2.7%15.8%-0.1%10.1%21.7%5.6%8.6%38.2%-19.1%-
Adj EPS 0.30.40.30.20.10.10.1-0.21.20.71.3
YoY Gr.-30%-25.6%-37.9%-50%55.6%-21.4%-236.4%NA-38.8%-
BVPS (₹) 15.614.814.614.414.614.8151516.417.619.4
Adj Net
Profit
0.20.20.10.10.10.10.1-0.10.60.41
Cash Flow from Ops. 0.90.21.10.500.10.3-0.12.61-
Debt/CF from Ops. 2.714.22.35.3-106.319.38.8-31.600-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.3%9.3%6.7%-19.1%
Adj EPS 10.1%51.2%86.2%-38.8%
BVPS1.4%3.9%5.5%7.8%
Share Price 13.2% 14.6% 39.1% 82.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1.92.621.20.610.7-17.44.26.9
Op. Profit
Mgn %
11.810.58.585.25.24.95.164.98.4
Net Profit
Mgn %
2.12.71.71.10.50.60.5-0.63.22.54.4
Debt to
Equity
0.30.40.40.30.30.30.30.400-
Working Cap
Days
30830825723220517718118212413041
Cash Conv.
Cycle
191193154146134123133131857933

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.90%

Net Profit is growing at healthy rate in last 3 years 86.19%

Sales growth has been subdued in last 3 years 6.68%

Sales growth is not so good in last 4 quarters at -1.25%

Latest Financials - Milestone Global Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 1.3
TTM Sales (₹ Cr.) 14.6 15.5
BVPS (₹.) 19.4 19
Reserves (₹ Cr.) 5 4
P/BV 1.44 1.47
PE 21.96 22.11
From the Market
52 Week Low / High (₹) 12.31 / 34.86
All Time Low / High (₹) 2.05 / 34.86
Market Cap (₹ Cr.) 14
Equity (₹ Cr.) 5
Face Value (₹) 10
Industry PE 11.9

Management X-Ray of Milestone Global:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Milestone Global

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales7.147.338.498.489.3411.3712.0113.0418.0214.58
Operating Expenses 6.316.647.797.868.8610.8311.4412.3716.9513.90
Manufacturing Costs0.500.520.490.651.542.032.111.892.332.03
Material Costs4.093.765.014.524.715.856.427.108.748.58
Employee Cost 0.8911.041.110.820.951.081.291.791.48
Other Costs 0.831.351.241.581.7921.842.094.091.80
Operating Profit 0.830.690.710.630.480.540.570.671.060.68
Operating Profit Margin (%) 11.7%9.4%8.3%7.4%5.1%4.7%4.7%5.1%5.9%4.7%
Other Income 0.020.030.090.060.140.140.140.150.200.46
Interest 0.250.280.290.280.250.260.270.230.110
Depreciation 0.450.310.300.330.310.270.260.260.260.26
Exceptional Items 00-0.15-0.22000000
Profit Before Tax 0.150.130.05-0.140.060.140.180.330.880.89
Tax 0.01-0.010.01-0.04-0.050.030.050.330.220.25
Profit After Tax 0.140.140.04-0.100.110.110.1200.670.64
PAT Margin (%) 2.0%1.9%0.4%-1.2%1.2%1.0%1.0%0.0%3.7%4.4%
Adjusted EPS (₹)0.30.30.1-0.20.20.20.20.01.31.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 7.807.437.307.207.317.427.547.548.218.85
Share Capital 5.025.025.025.025.025.025.025.025.025.02
Reserves 2.792.412.292.192.292.402.522.533.193.83
Minority Interest0000000000
Debt2.502.912.622.422.131.962.162.840.040
Long Term Debt0.060.010.040.0100000.040
Short Term Debt2.442.902.592.412.131.962.162.8400
Trade Payables0.100.210.330.210.430.480.760.590.580.71
Others Liabilities 0.09-0.030.150.080.050.030.090.530.830.65
Total Liabilities 10.5010.5310.419.929.919.8910.5611.509.6510.21

Fixed Assets

Gross Block14.6214.8015.6015.7616.2416.4016.6316.9116.9517.59
Accumulated Depreciation11.2712.1012.2912.5812.8913.1613.4313.6913.9414.13
Net Fixed Assets3.352.703.313.183.353.243.203.223.023.45
CWIP 0.240.24000000.040.040
Investments 0.720.720.720.710.810.810.810.810.811.10
Inventories2.222.392.382.472.533.123.612.491.421.66
Trade Receivables1.851.651.371.231.401.661.773.092.841.81
Cash Equivalents 0.180.530.780.860.450.140.340.610.350.73
Others Assets1.942.301.861.481.370.930.831.251.171.46
Total Assets 10.5010.5310.419.929.919.8910.5611.509.6510.21

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.940.211.140.46-0.020.100.25-0.092.620.98
PBT 0.150.130.05-0.140.060.140.180.330.880.89
Adjustment 0.580.640.530.800.330.350.280.240.31-0.16
Changes in Working Capital 0.23-0.520.58-0.2-0.42-0.36-0.17-0.631.640.35
Tax Paid -0.03-0.04-0.020.010-0.03-0.04-0.04-0.21-0.11
Cash Flow From Investing Activity -0.72-0.03-0.390.060.100.27-0.39-0.340.12-0.93
Capex -0.46-0.17-0.66-0.20-0.48-0.16-0.23-0.33-0.06-0.64
Net Investments 000000.41-0.18-0.010.17-0.29
Others -0.260.140.270.260.580.020.010.010.010.01
Cash Flow From Financing Activity -0.240.17-0.49-0.45-0.18-0.270.170.68-2.830.33
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000-0.02000-0.03-0.07
Interest Paid -0.25-0.28-0.29-0.28-0.25-0.26-0.27-0.23-0.110
Dividend Paid 0000000000
Others 0.010.45-0.20-0.170.10-0.020.440.90-2.690.40
Net Cash Flow -0.020.350.260.07-0.090.100.030.25-0.090.38
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.841.840.52-1.381.561.521.620.048.487.47
ROCE (%)3.953.933.351.383.324.254.635.5410.6810.42
Asset Turnover Ratio0.680.70.810.830.941.151.171.181.71.47
PAT to CFO Conversion(x)6.711.528.5N/A-0.180.912.08N/A3.911.53
Working Capital Days
Receivable Days81876556514952686058
Inventory Days1181151031049891102854039
Payable Days12152022252835352427

Milestone Global Ltd Stock News

Milestone Global Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Milestone Global on 24-Apr-2024 14:20 is ₹27.70.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Apr-2024 14:20 the market cap of Milestone Global stood at ₹14.00.
The latest P/E ratio of Milestone Global as of 24-Apr-2024 14:20 is 21.96.
The latest P/B ratio of Milestone Global as of 24-Apr-2024 14:20 is 1.44.
The 52-week high of Milestone Global is ₹34.86 and the 52-week low is ₹12.31.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Milestone Global is ₹14.58 ( Cr.) .

About Milestone Global Ltd

Milestone Global Limited, established in the year 1991, has created a repertoire of superior monuments and memorials. The unit is strategically located in the center of india’s rich granite belt having easy access to over 30 colors of granite.  Besides the indian granites, it carries south african, norwegian and finnish granites.

The state of art machinery and skilled staff makes milestone global ltd one of the worlds most modern manufacturing units providing a wide range of high quality memorials & monuments.

In the last 17 years the company has established an enviable track record of providing total customer satisfaction and strictly adhering to given delivery schedules.Milestone Global (UK) Ltd was established in the year 2005 for the sole purpose of rendering better quality & services to its customers as compared to other importers of granite into the United Kingdom.State of the art CNC Machinery is used in the entire finishing process of sawing, polishing, profiling & sculpting.

Milestone global limited has executed prestigious projects like war memorials and town center squares in the USA, Ireland, UK, and the UAE.

Projects undertaken by the company:

  • The town of Waterford, in Ireland, famous for its crystal all over the world acquired a new landmark in April last year. The Crystalline shaped sculpture in Black Granite was erected in the middle of the Waterford Town Square in April this year. Ireland’s famous sculptress Ms.Eileen Mc Donah designed this and manufactured by Sangeeta Granites Limited.This sculpture having a total height of 18 feet and maximum width of 5 feet was produced in two pieces.Milestone Global also supplied for this project Black Granite cubes dressed by hand, for paving the area around the sculpture. These Black cubes depict river flowing around the sculpture. Sangeeta also supplied 16 solid granite benches (8ft X 2ft X 2ft) in Black, which were placed around the sculpture to provide a place to relax for the People of Waterford.
  • The Red Fountain : This was erected at the Exhibition Road Round About in Baharain, UAE in the early 1990's.
  • War Memorial: California Harbour, USA :This is a multipiece black granite memorial erected at the San Diego, CA Harbor on 23rd  October 1996. The monument weighed 25000 lbs.

The product range of the company includes

Pre-Fabricated Staircase, Rough Granite Kerbs, Bollards, Pier Caps, Balls, Quion Stone and different varieties of tiles.

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