
MIL Industries Limited (MIL) is engaged in manufacturing of anti-corrosion and anti-abrasion lining and products, such as rubber and PTFE lining. The company supplies these products to the chemical and tyre manufacturing industry. It also manufactures a range of plastic-lined pipes and fittings, PTFE expansion joints, PTFE lined pipes, spargers, thermowells, and plain/corrugated PTFE hoses. The company’s products are used in core sector industries such as phosphatic fertilizers, heavy chemicals, pulp and paper, bulk drugs, mineral processing, steel plants, aerospace, ports and bulk materials handling, among others. Its clients are the Indian Farmers Fertiliser Co-op. Ltd., Coromandel International Ltd., Hindalco Industries Ltd., Deepak Fertilizers & Petrochemicals Corpn. Ltd., and many more.
Rubber Lining Division - MIL the country's leader in corrosion and abrasion resistant rubber linings for more than four and half decades. Set up in collaboration with Societe Chimique de Gerland, France and subsequent technical know-how from OHJI Rubber & Chemicals Co. Japan. India's largest and most modern rubber lining facility, MIL has been supplying the entire range of rubber and other elastomer linings for both standard and highly specialized process equipment.
MIL has, over the years, successfully executed numerous challenging projects for various process industries. A review of MIL's list of prestigious clients, the nature and size of jobs undertaken both in India and abroad - a number of which have been repeat orders - is testimony to the confidence reposed in MIL by Indian and overseas clients.
Plastics - MIL diversified into the field of Plastic Lining in 1989, as an extension of their technical expertise and capabilities in corrosion resistant field and has been a key player since then. MIL manufactures in a state-of-the-art factory at Gummidipoondi, near Chennai Metropolis, set up in technical collaboration with M/s. Fluorocarbon Company Ltd, UK, an extensive range of Plastic lined Pipes, Fittings, PTFE Expansion Joints / Bellows, PTFE lined Dip Pipes / Spargers, PTFE Spectacle Blinds, SS Braided Plain Corrugated Hoses, PTFE Tubes, Thermowells, Slide Bearings, Machined / Moulded products and so on. The annual installed capacity is 50 Metric Tonnes of Fluoropolymer Resins.
This factory is a true replica of our Collaborator's Facility in Manchester, U.K with respect to size, plant layout, production and utilities. The Factory has built up area of 1050 sq.m and have standby DG set to meet our power requirements.
Engineering - MIL's present range of services and products include the Design, Engineering and Supply of:-
Chemical Plants, Electrolytic (Mercury) cells Caustic Soda Chlorine Plants, Brine purification for which we had technical collaboration with KREBS SWISS, ZURICH.
MILAIRCLEN - Air Pollution Control Systems by Wet Scrubbing for which we had technical collaboration with Environmental Elements Corporation, USA.
Solvent Recovery System based on Carbon Adsorption Technology for which we had technical collaboration with AMEG (U.K) Ltd.
Working with Rafflenbeul Ingenieure, Germany for Molecular Sieve Adsorption Technology, Heat Recovery Systems and VOC Emission Control for Paper and other allied industries.
Working with Membrane Technology & Research Inc., USA for Vapour Sep Membrane System to recover volatile organic compounds.
Waste Water Treatment Systems with KISSLER Gmbh, (GERMANY)
| MIL Industries Limited | 279 |
| Unlisted Shares Price | Per Equity Share |
| Lot Size | 100 |
| 52 Week High | ** |
| 52 Week Low | ** |
| Depository | NSDL & CDSL |
| PAN Number | AAACM4380Q |
| ISIN Number | INE651L01019 |
| CIN | L25199TN1966PLC005397 |
| RTA | Integrated Registry Management Services |
| Market Cap (in cr.) | 88 |
| P/E Ratio | 16.49 |
| P/B Ratio | 2.89 |
| Debt to Equity | 0.02 |
| ROE (%) | 17.6 |
| Book Value | 96.48 |
| Face Value | 10 |
| Total Shares | 3150000 |
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 3428 | 3576 | 3833 |
| Cost of Material Consumed | 1315 | 1198 | 1142 |
| Gross Margin | 61.64 | 66.5 | 70.21 |
| Change in Inventory | 66 | 68 | 107 |
| Employee Benefit Expenses | 350 | 391 | 466 |
| Other Expenses | 1218 | 1499 | 1379 |
| EBITDA | 479 | 420 | 739 |
| OPM | 13.97 | 11.74 | 19.28 |
| Other Income | 142 | 115 | 146 |
| Finance Cost | 23 | 25 | 24 |
| D&A | 112 | 125 | 122 |
| EBIT | 367 | 295 | 617 |
| EBIT Margins | 10.71 | 8.25 | 16.1 |
| PBT | 485 | 385 | 740 |
| PBT Margins | 14.15 | 10.77 | 19.31 |
| TAX | 246 | 103 | 207 |
| PAT | 239 | 282 | 533 |
| NPM | 6.97 | 7.89 | 13.91 |
| EPS | 7.59 | 8.95 | 16.92 |
| Financial Ratios | 2022 | 2023 | 2024 |
| Operating Profit Margin | 13.97 | 11.74 | 19.28 |
| Net Profit Margin | 6.97 | 7.89 | 13.91 |
| Earning Per Share (Diluted) | 7.59 | 8.95 | 16.92 |
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 3428 | 3576 | 3833 |
| Cost of Material Consumed | 1315 | 1198 | 1142 |
| Gross Margin | 61.64 | 66.5 | 70.21 |
| Change in Inventory | 66 | 68 | 107 |
| Employee Benefit Expenses | 350 | 391 | 466 |
| Other Expenses | 1218 | 1499 | 1379 |
| EBITDA | 479 | 420 | 739 |
| OPM | 13.97 | 11.74 | 19.28 |
| Other Income | 142 | 115 | 146 |
| Finance Cost | 23 | 25 | 24 |
| D&A | 112 | 125 | 122 |
| EBIT | 367 | 295 | 617 |
| EBIT Margins | 10.71 | 8.25 | 16.1 |
| PBT | 485 | 385 | 740 |
| PBT Margins | 14.15 | 10.77 | 19.31 |
| TAX | 246 | 103 | 207 |
| PAT | 239 | 282 | 533 |
| NPM | 6.97 | 7.89 | 13.91 |
| EPS | 7.59 | 8.95 | 16.92 |
| Financial Ratios | 2022 | 2023 | 2024 |
| Operating Profit Margin | 13.97 | 11.74 | 19.28 |
| Net Profit Margin | 6.97 | 7.89 | 13.91 |
| Earning Per Share (Diluted) | 7.59 | 8.95 | 16.92 |
Your Questions About Unlisted Stocks, Answered
Please find below the procedure for buying MIL Industries Limited at Unlistedbuzz. 1. You confirm booking of MIL Industries Limited Unlisted Shares with us at a trading price. 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations. 3. We Will Provide the Bank details. You need to transfer funds to that account. 4. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. NO CASH DEPOSIT. 5. Payment has to be done from the same account in which shares are to be credited. We will transfer the shares in 24 hours if funds are credited before 2 pm. Important Note: Please note that the lock-in period for selling MIL Industries Limited Unlisted Shares is 6 months after listing. Hence, you can't sell MIL Industries Limited Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e., You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at aqifybesol@gmail.com