Milton Industries FY26 net profit rises 50% to ₹179.64 lakh

Milton Industries Limited reported a 50% increase in net profit to ₹179.64 lakh for the financial year ended March 31, 2026, compared to ₹119.75 lakh in the previous year, driven by improved operational performance. Revenue from operations rose to ₹4641.14 lakh from ₹4417.45 lakh in FY25, while total revenue increased to ₹4720.12 lakh from ₹4592.47 lakh. The board approved the audited standalone financial results and adopted the auditors' report, which carries an unmodified opinion.

Financial Performance

The company's earnings per share (EPS) for the year improved to ₹1.06 from ₹0.70 in the previous year. Total expenses for FY26 stood at ₹4475.26 lakh, marginally higher than the ₹4437.07 lakh recorded in FY25. The profit before tax for the year was ₹244.86 lakh, up from ₹155.39 lakh in the prior year. For the half year ended March 31, 2026, net profit was ₹112.02 lakh on revenue of ₹2440.09 lakh.

Key Financial Metrics (FY26)

Metric	Amount (₹ in lakh)	Previous Year (₹ in lakh)
Revenue from operations	4641.14	4417.45
Total Revenue	4720.12	4592.47
Total Expenses	4475.26	4437.07
Net Profit	179.64	119.75
EPS (Basic)	1.06	0.70

Board Decisions

The board of directors, in its meeting held on May 28, 2026, unanimously approved the re-appointment of Vijay Pal Jain as Managing Director for a period of three consecutive years effective from July 14, 2026, to July 13, 2029. The appointment is subject to shareholders' approval. Additionally, the board approved the removal of Mr. Ronak Maheshwari as Company Secretary and Compliance Officer.

Auditor's Report

M/s. KPSJ & Associates LLP, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone audited financial results for the half year and financial year ended March 31, 2026. The auditors confirmed that the financial results give a true and fair view in conformity with applicable Indian accounting standards.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-0.49%	-18.76%	+42.61%	+30.65%	+68.75%

Milton Industries Limited has officially informed the National Stock Exchange of India that it does not qualify as a Large Corporate entity under SEBI's regulatory framework for debt securities fund raising. The disclosure was submitted on April 24, 2026, by Chairman cum Managing Director Vijay Pal Jain.

Regulatory Compliance Disclosure

The company's disclosure pertains to SEBI circular SEBI/HO/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which governs fund raising by issuance of debt securities by Large Corporate entities. Milton Industries confirmed that it does not fall under the Large Corporate category as defined under the applicable SEBI circulars.

Financial Position Details

The company provided specific financial details to support its non-applicability status for the financial year 2026-27:

Parameter	Details
Outstanding Borrowings (as on March 31, 2026)	NIL
Credit Rating (Previous FY)	NIL
Stock Exchange for Framework Compliance	NA

Corporate Information

Milton Industries Limited, incorporated under CIN L20299GJ1985PLC008047, operates as an approved "Export House" by the Government of India and maintains ISO 9001 certification. The company's registered office is located at Chitra Ami Apartment, Ashram Road, Ahmedabad, with manufacturing units in Gujarat.

Regulatory Framework Context

The disclosure confirms compliance with SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 29, 2018, read with the subsequent circular from October 2023. Companies not meeting the Large Corporate criteria are required to make initial disclosures confirming their non-applicability status under the regulatory framework.

The formal communication serves as an official record for regulatory compliance and provides transparency regarding the company's position under SEBI's debt securities framework for Large Corporate entities.