Milestone Furniture IPO is a Fixed Price listing on BSE SME exchange, with an ipo size of ₹ 14.84 Cr. The company is based in Mumbai and caters to Furniture sector. Monarch Networth Capital is the merchant banker of Milestone Furniture IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd April 2018.
Milestone Furniture IPO posted revenues of ₹ 35.58 crores and PAT of ₹ 1.20 crores in FY18 on annualised basis.Financial results of Milestone Furniture IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
Financials | Nov-17 | FY17 | FY16 | FY15 | |
---|---|---|---|---|---|
Balance Sheet
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Assets | 16.25 | 5.32 | 2.30 | 2.17 | |
Net Worth | 8.98 | 4.01 | 0.62 | 0.10 | |
Total Debt | 5.95 | 0.83 | 0.71 | 0.83 | |
Profit & Loss
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Revenue
Revenue on annualised basis |
23.68
35.52 |
8.92 | 5.52 | 3.29 | |
EBITDA
EBITDA on annualised basis |
1.33
2.00 |
0.74 | 0.32 | 0.11 | |
PAT
PAT on annualised basis |
0.85
1.28 |
0.32 | 0.20 | 0.05 |
Milestone Furniture IPO PAT Margin is 3.59 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Milestone Furniture IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
Particulars | Nov-17 | FY17 | FY16 | FY15 |
---|---|---|---|---|
EBITDA Margin (%) | 5.62 | 8.30 | 5.80 | 3.34 |
PAT Margin (%) | 3.59 | 3.59 | 3.62 | 1.52 |
EPS (₹) | 2.60 | 93.90 | 198.90 | 54.20 |
ROE (%) | 9.47 | 7.98 | 32.26 | 50.00 |
ROCE (%) | [●] | [●] | [●] | [●] |
ROA (%) | 5.23 | 6.02 | 8.70 | 2.30 |
Debt to Equity | 0.66 | 0.21 | 1.15 | 8.30 |
The market Capitalisation of Milestone Furniture IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Milestone Furniture IPO prospectus highlights an Return on Equity (ROE) of 9.47 % , Return on Assets (ROA) of 5.23 %, and an EBITDA Margin of 5.62 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Milestone Furniture IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Milestone Furniture IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Milestone Furniture IPO has a Price-to-Earnings (PE) ratio of 34.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Milestone Furniture IPO reported revenue of ₹ 35.58 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Milestone Furniture IPO provide insights into sales growth, market demand, and business scalability.
Milestone Furniture recorded an EBITDA of ₹ 2.00 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Milestone Furniture Profit After Tax (PAT) is ₹ 1.28 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Milestone Furniture operates in Furniture and Manufacturing And Marketing Of Interior And Modular Furniture Business. The Issue is listed on BSE SME in May, 2018. Milestone Furniture IPO size was 14.84 with Issue price of 45.00 .
Merchant Banker(s) of Milestone Furniture IPO: Monarch Networth Capital Limited
Milestone Furniture IPO subscription was 2.13 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Milestone Furniture IPO listed at a listing price of 44.45 against the offer price of 45.00.
The current market price of Milestone Furniture is 6.46.
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