Millennium Online Solutions (India) Ltd (MILLENNIUM) Share Price & Fundamentals

What we do

Millennium Online Solutions (India) Ltd provides financial services and IT hardware solutions, primarily serving the technology sector since its diversification in 2013.

Founded in

1,980

Market share

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Problem solved

The company addresses the demand for comprehensive hardware and IT services in a growing digital economy.

Top clients or who we serve

Services cater to B2B clients in the IT hardware and financial services sectors.

Key management

Mr. Harilal Singh (Whole-time Director and CFO) leads with a strong governance framework and audit oversight.

Our journey and innovations

Founded as Mahamaya Investments in 1980, diversified to IT hardware in 2013 and expanded via strategic investments and subsidiary consolidation.

Where we operate

Operations primarily in India with consolidated financials reflecting domestic presence.

Top products or what we offer

Computer hardware solutions and financial investment services form the core offerings.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue dependent on cyclical demand and supply dynamics in the IT hardware market.

Our industry position

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Financial highlights

For FY2024-25 consolidated revenue stood at Rs. 1387 crore with a net loss of Rs. 23.4 crore, showing signs of operational challenges.

Geographical revenue split

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Order book

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Whats driving growth

Growth driven by IT hardware demand and efforts to rejuvenate business amid market dynamics.

Our future plans

Focused on business revitalization and profitability improvement through strategic operational measures.

Our green promise

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Our people and values

Emphasizes integrity and operational excellence with a governance-led culture.

Key challenges ahead

Profitability pressures and the need for business rejuvenation amid competitive markets.

Interesting facts

Transitioned from a financial investment company to IT hardware sector in 2013, expanding its business model.

Risks and strategy

Risk mitigation via internal controls, audit systems, and a focus on compliance with evolving regulations.