| COMPANY NAME | MILTON CYCLE INDUSTRIES LIMITED |
|---|---|
| NATURE OF BUSINESS | Cycle Manufacturer Brand in India |
| ISIN NO | INE03IE01018 |
| FACE VALUE | Rs.10/- |
| PROMOTERS | Mr.Sharwan Kumar Batra |
| COMPANY WEBSITE | www.miltoncycles.com |
| YEAR OF EASTBLISHMENT | 1960 |
| REGISTERED ADDRESS | Near Double Storey, Industrial Area, Sonipat, Haryana 131001 . |
Milton Cycle Industries Limited (MCIL) is engaged in manufacturing bicycles and bicycle components. The company’s product portfolio includes fancy bikes, ladies bikes, junior bikes, kids bikes and roadster bikes.
MCIL offers bicycle components such as chains, freewheels, handles, hub, tires, saddles, rims, spokes, fork and BB axles.
The company has its manufacturing unit located in Sonepat, Haryana. The unit is spread across an area of 7.5 acres and has a capacity of manufacturing 5,000 units per day.
The unit comprises of facilities such as paint shop, press shop, heat treatment and electroplating. MCIL is an ancillary to Atlas Cycles’ Sahidabad division.The company caters to the markets of Uttar Pradesh, Bihar, Jharkhand, Andhra Pradesh, and Nepal through a network of dealers.
Milton has been manufacturing top quality Bicycle components that have stood the test of time, products that have earned Milton Cycles a nationwide reputation for technical innovation, reliability and outstanding performance
| PARTICULARS | 2021-22 | 2020-21 | 2019-20 |
|---|---|---|---|
| TOTAL INCOME | 1.55 | 21.25 | 94.12 |
| PROFIT | -3.71 7 | -1.03 | 2.4 |
| EPS | -88.43 | -24.42 | 58.85 |