MIL Industries Limited (MIL Industries) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
MIL Industries Limited

MIL Industries Limited Standalone Balance Sheet (Rs. in Lakhs)

Particulars	31-03-2025	31-03-2024
Non-current assets
Property, plant and equipment	362.86	414.89
Other financial assets	55.44	51.71
Deferred tax assets (net)	43.31	31.96
Current assets
Inventories	533.67	340.52
Trade Receivables	1,078.04	546.05
Cash and cash equivalents	347.89	279.43
Other bank balances	1,631.12	1,716.68
Other current assets	258.08	123.49
Total Assets	4,310.41	3,504.73
Equity
Equity Share capital	315.00	315.00
Reserves and Surplus	3,058.85	2,713.71
Current liabilities
Borrowings	85.76	57.18
Trade Payables:
Total outstanding dues of creditors other than Micro and Small Enterprises	240.06	164.38
Other Financial Liabilities	455.16	109.72
Other Current liabilities	60.52	59.16
Provisions	68.03	8.90
Current tax liabilities (Net)	27.03	76.68
Total Equity and Liabilities	4,310.41	3,504.73

MIL Industries Limited Standalone Profit and Loss Account (Rs. in Lakhs)

Particulars	31-03-2025	31-03-2024
Revenue from Operation	3,454.50	3,833.14
Other Income	223.56	145.62
Total Income	3,678.06	3,978.76
Expenses
Cost of Materials Consumed	1,400.13	1,141.68
Changes in inventories of finished goods, WIP and stock-in-trade	(206.15)	106.75
Employee Benefit Expense	596.84	466.24
Finance Cost	24.45	23.55
Depreciation and Amortisation Expense	112.02	122.14
Other Expenses	1,289.57	1,378.51
Total Expense	3,216.86	3,238.87
Profit/(Loss) before exceptional and tax	461.20	739.89
Profit/(Loss) before tax	461.20	739.89
Current Tax	130.00	215.00
Deferred tax	(11.35)	(7.98)
Profit/(Loss) for the period from continuing operations	342.55	532.87
Other comprehensive income
Items that will not be reclassified to profit or loss	2.59	19.20
Total comprehensive Income for the period	345.14	552.07
Paid up equity share capital of (face value Rs. 10 per share)	315.00	315.00
Earnings per Equity Share
Basic	10.87	16.92
Diluted	10.87	16.92
Other Equity (excluding revaluation reserve) as shown in Audited Balance Sheet of the previous year	3,058.85	2,713.71

MIL Industries Limited Standalone Cash Flow Statement (Rs. in Lakhs)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Profit for the year before Tax	461.20	739.89
Adjustments for:
Depreciation	112.02	122.15
Interest Expenses	3.89	5.49
Interest income	(117.12)	(101.45)
Current Net service cost and interest cost adj	(1.08)	(3.27)
Profit on sale of assets	(8.42)	(1.97)
Operating Profit before Working Capital Charges	450.49	760.84
Adjustments for Changes in
Other Non-current financial assets	(0.06)	(2.000
Trade Receivables	(531.99)	142.28
Inventories	(193.15)	105.92
Other Current Assets	(211.27)	6.70
Trade payables	75.68	(86.49)
Other Financial Liabilities	345.44	(44.59)
Other Current Liabilities	1.36	(14.51)
Other provisions	59.13	(38.49)
Cash Generated from Operations	(4.37)	829.67
Income tax paid (net)	102.97	131.33
Net Cash Generated from Operating Activates	(107.34)	698.34
Cash Flow from Investing Activities
Purchase of property, plant and equipment	(60.83)	(105.45)
Proceeds from sale of property, plant and equipment	9.26	3.28
Interest Income	117.12	101.45
Net Cash Used in Investing Activities	65.55	(0.72)
Cash flow from financing activities
Interest expenses	(3.89)	(5.49)
Repayment of Non-Current Borrowings	-	(142.32)
Proceeds from current borrowing	28.57	-
Dividend paid	-	(33.52)
Net cash flow generated/ (used in) from financing activities	24.69	(181.33)
Net Increase /(Decrease) In Cash and Cash Equivalents	(17.10)	516.28
Cash & Cash Equivalents at the Beginning of the Year	1,996.12	1,479.83
Cash & Cash Equivalents at the End of the Year	1,979.02	1,996.12

Here is a summary of the Cash Flow Statement for the years 2025 and 2024:

Cash Flow from Operating Activities

For the year ending 31st March 2025, the company had a negative cash flow of ₹107.34 lakhs from operating activities, compared to a positive ₹698.34 lakhs in the previous year. Despite a profit before tax of ₹461.20 lakhs, the outflow was caused by a sharp increase in trade receivables and inventories, along with other current assets. These working capital changes significantly reduced the cash generated from operations

Cash Flow from Investing Activities

The company reported a positive inflow of ₹65.55 lakhs in 2025 from investing activities, compared to a small outflow of ₹0.72 lakhs in 2024. This was mainly due to interest income (₹117.12 lakhs) and proceeds from the sale of fixed assets (₹9.26 lakhs), which together outweighed the purchases of property, plant, and equipment.

Cash Flow from Financing Activities

In 2025, the company generated ₹24.69 lakhs from financing activities, while in the previous year it had used ₹181.33 lakhs. The inflow came mainly from proceeds from current borrowings (₹28.57 lakhs), while interest payments (₹3.89 lakhs) were the main outflow. No dividends were paid this year.

Net Changes in Cash and cash equivalents

Overall, the company’s cash position decreased slightly by ₹17.10 lakhs in 2025. The closing cash balance stood at ₹1,979.02 lakhs, slightly down from ₹1,996.12 lakhs the previous year, indicating stable but slightly declining liquidity.