Key Financial Figures (Standalone)

  • Income from operations: ₹12.04 crore (FY26) vs ₹12.20 crore (FY25)
  • Other income: ₹4.62 lakh (FY26) vs ₹2.96 lakh (FY25)
  • Total income: ₹12.50 crore (FY26) vs ₹12.50 crore (FY25)
  • Total expenditure: ₹12.13 crore (FY26) vs ₹12.11 crore (FY25)
  • Profit before tax: ₹3.74 lakh (FY26) vs ₹3.87 lakh (FY25)
  • Profit after tax: ₹2.76 lakh (FY26) vs ₹2.83 lakh (FY25)
  • Earnings per share (Basic & Diluted): ₹0.55 (FY26) vs ₹0.56 (FY25)

Key Financial Figures (Consolidated)

  • Income from operations: ₹13.97 crore (FY26) vs ₹12.31 crore (FY25)
  • Other income: ₹4.63 lakh (FY26) vs ₹2.96 lakh (FY25)
  • Total income: ₹14.43 crore (FY26) vs ₹12.60 crore (FY25)
  • Total expenditure: ₹13.51 crore (FY26) vs ₹12.30 crore (FY25)
  • Profit before tax: ₹9.25 lakh (FY26) vs ₹2.99 lakh (FY25)
  • Profit after tax: ₹7.53 lakh (FY26) vs ₹1.95 lakh (FY25)
  • Earnings per share (Basic & Diluted): ₹1.33 (FY26) vs ₹0.39 (FY25)

Dividend and Reserves

  • No dividend recommended for equity shares for FY26
  • No amount proposed to be transferred to General Reserve

Material Changes and Commitments

  • No material changes or commitments affecting financial position occurred between end of financial year and date of report
  • No change in nature of business during FY26

Directors and Key Managerial Personnel

  • Mr. Syed Fiyaz Ahmed retires by rotation and offers himself for re-appointment
  • Mr. Somendra Kumar Agarwal and Mr. Tek Chand Bhardwaj approved for re-appointment as Independent Directors for second term of five years
  • Ms. Alka Agarwal approved for re-appointment as Whole-time Director for five years from 6th January 2027 to 5th January 2032
  • No changes in Key Managerial Personnel during the year

Board Meetings

  • Four Board meetings held during FY26 on: 24th May 2025, 8th August 2025, 14th November 2025, and 7th February 2026
  • Maximum interval between meetings did not exceed 120 days as prescribed

Subsidiaries

  • Milestone Global (UK) Limited, United Kingdom (100% subsidiary)
  • Milestone Imports Inc., USA (100% subsidiary)
  • No associate companies or joint ventures during the year
  • Consolidated financial statements include subsidiary operations

Deposits

  • Company neither accepted nor renewed any deposits under Chapter V of Companies Act, 2013

Regulatory and Court Orders

  • No significant or material orders passed by regulators, courts, or tribunals impacting going concern status or future operations

Internal Financial Controls

  • Adequate internal financial controls commensurate with size, scale, and complexity of operations
  • Controls designed to provide reasonable assurance regarding financial reporting reliability and asset safeguarding
  • Internal Auditor: M/s Amit Dwivedi & Associates, Chartered Accountants

Auditors

  • Statutory Auditors: M/s P.L. Tandon & Co., Chartered Accountants (Firm Registration No. 000186C) continue to hold office
  • Secretarial Auditor: M/s Akhilesh Singh & Associates, Practising Company Secretaries
  • All audit reports without any qualifications, reservations, adverse remarks, or disclaimers

Related Party Transactions

  • All related party transactions during FY26 were in ordinary course of business and at arm's length basis
  • No materially significant transactions with potential conflict of interest
  • Major transactions with subsidiaries: Milestone Global UK Ltd (₹8.83 crore sales), Milestone Imports Inc (₹1.21 crore sales)

Foreign Exchange

  • Foreign exchange earnings: ₹12.47 crore
  • Foreign exchange outgo: ₹88.14 lakh

Employee Remuneration Ratios

  • Mr. Syed Fiyaz Ahmed (Whole Time Director): Remuneration ₹7.60 lakh, Ratio to median: 1.15:1
  • Ms. Alka Agarwal (Whole Time Director): Remuneration ₹48.00 lakh, Ratio to median: 7.28:1
  • Percentage increase in remuneration: Sunil Kumar Sharma (CFO) 19.06%, Anita (Company Secretary) 10%
  • Number of permanent employees: 14

Corporate Governance

  • Compliance certificate from auditors confirms adherence to SEBI Listing Regulations
  • Board consists of 6 directors: 2 executive, 4 non-executive (3 independent)
  • All mandatory requirements of SEBI LODR Regulations complied with

Shareholding Pattern

  • Total shares: 50,17,500 equity shares of ₹10 each
  • Promoter holding: Smt. Alka Agarwal (59.67%), M/s. Ketki Investment & Consultancy Pvt Ltd (13.59%)
  • Total promoter holding: 73.26%

Subsidiary Financial Highlights (as of 31-03-2026)

Milestone Global (UK) Limited:

  • Share capital: ₹1.10 crore
  • Reserves and surplus: -₹2.82 lakh
  • Total assets: ₹3.10 crore
  • Turnover: ₹10.51 crore
  • Profit after tax: ₹45.30 lakh

Milestone Imports Inc:

  • Share capital: ₹12.21 lakh
  • Reserves and surplus: ₹16.88 lakh
  • Total assets: ₹1.78 crore
  • Turnover: ₹1.46 crore
  • Profit after tax: ₹18.72 lakh

AGM Details

  • 36th Annual General Meeting to be held on 19th September 2026 at 11:00 AM via Video Conferencing
  • Register of Members and Transfer books to remain closed from 12th September 2026 to 19th September 2026