DRHP Status : Not Filed
195
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| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 1825 | 52 | 118 | 475 |
| Cost of Material Consumed | 953 | 24 | 66 | 62 |
| Change in Inventory | 165 | 15 | 81 | -97 |
| Gross Margins | 47.78 | 53.85 | 44.07 | 86.95 |
| Employee Benefit Expenses | 674 | 464 | 163 | 20 |
| Other Expenses | 383 | 47 | 240 | 482 |
| EBITDA | -350 | -498 | -432 | 8 |
| OPM | -19.18 | -957.69 | -366.1 | 1.68 |
| Other Income | 300 | 103 | 638 | 10 |
| Finance Cost | 23 | 0.05 | 0.16 | 0 |
| D&A | 75 | 59 | 33 | 14 |
| EBIT | -425 | -557 | -465 | -6 |
| EBIT Margins | -23.29 | -1071.15 | -394.07 | -1.26 |
| PBT | -148 | -454 | 173 | 4 |
| PBT Margins | -8.11 | -873.08 | 146.61 | 0.84 |
| Tax | -46 | -83 | 10 | 3 |
| PAT | -102 | -371 | 163 | 1 |
| NPM | -5.59 | -713.46 | 138.14 | 0.21 |
| EPS | -24.29 | -88.33 | 38.81 | 0.24 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | -19.18 | -957.69 | -366.1 | 1.68 |
| Net Profit Margin | -5.59 | -713.46 | 138.14 | 0.21 |
| Earning Per Share (Diluted) | -24.29 | -88.33 | 38.81 | 0.24 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 496 | 436 | 380 | 125 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 205 | 205 | 205 | 205 |
| Trade Receivables | 1589 | 1532 | 1424 | 1073 |
| Inventory | 348 | 327 | 172 | 101 |
| Other Assets | 1353 | 1599 | 1450 | 2127 |
| Total Assets | 3991 | 4099 | 3631 | 3631 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 42 | 42 | 42 | 42 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 1312 | 934 | 1075 | 1044 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 2236 | 2233 | 2233 | 1272 |
| Other Liabilities | 401 | 890 | 281 | 1273 |
| Total Liabilities | 3991 | 4099 | 3631 | 3631 |
Milton Cycle Industries Limited (MCIL) is an established, unlisted public company based in Sonepat, Haryana, manufacturing a diverse range of bicycles (Roadsters, Mountain, Kids) and components since 1960. With a production capacity of 5,000 units/day, it caters to North India and Nepal. Unlisted shares are available (Approx. ₹140-₹195 range) with thin margins, low debt, and high competition
| Name | Holding |
|---|---|
| SoftBank | 45% |
| Ritesh Agarwal (Promoter) | 31% |
| Other Investors | 17% |
| Lightspeed | 3% |
| Sequoia | 3% |
| Airbnb | 1% |
| Name | Designation | Experience | Linkedin Profile |
|---|---|---|---|
| Vinod Buber | Whole-time Director | 25+ | ![]() |
| Om Prakash Sharma | Director | 20+ | ![]() |
| Ashok Kumar Sharma | Director | 20+ | ![]() |
Coming soon...