Milky Mist Dairy Food Limited share price

NSE: MILKYMIST · ISIN INE00IT01020

Key numbers

Market cap
₹ 24,581 Cr
Current price
₹ 319.30
52-week high / low
₹ 333 / 165
Stock P/E
133.6
Book value
₹ 7.2
Dividend yield
0.00%
ROCE
15.0%
ROE
32.1%
Debt to equity
3.62
Sales growth (3 yrs)
31.0%
Profit growth (3 yrs)
67.1%
1-year return
-

About Milky Mist Dairy Food Limited

Milky Mist Dairy Food Limited produces and supplies dairy products. The company provides dairy products including cheese, paneer, butter, curd, ghee, yogurt, ice cream, milk cream, and UHT milk products. It offers ready-to-eat and ready-to-cook products, such as pizza, paneer finger, dahi tikki, cheese balls, wheat chapati, malabar parota, coin parota, ragi, idly and dosa batter and various payasam mix; chocolates, sweetened condensed milk, and traditional Indian sweets such as shrikhand, kalakhand, payasam, mishti doi, and rasgulla. The company also offers beverages, includes lassi, milkshakes, buttermilk, and flavored yogurts, including greek yogurt and skyr yogurt in various flavors and sizes. It sells its products through Milky Mist, Smartchef, Capella, Misty Lite, Briyas, and Asal brand names. The company was founded in 1985 and is based in Perundurai, India.

Concall summary (2026-09-07)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • The India's value -added dairy p roducts market, comprising products such as curd, lassi, butter, ghee, paneer, cheese, yogurt, milkshakes, etc, and ice creams including, was valued at approximately INR5.5 trillion in fiscal 202 5 and is expected to grow nearly INR9.9 trillion, I would say INR10 trillion, by 2030.
  • Within this, paneer is expected to grow to approximately 20.6% by fiscal 2030, making it the fastest-growing segment in the category.

Growth & demand

  • Ice cream delivered particularly a very, very strong growth because of the season as well as our brand equity, with volumes that grew by 45% and revenue by 60% on a year -on-year basis, which is one of the promising and fast-growing category as far as Milky Mist is concerned.
  • In Q1, our paneer volume growth has been 34%, volume growth and sales growth.

Margins & costs

  • This margin expansion in gross profit was nearly 270 bps, which was primarily driven by our strong product mix, pricing ability and sales and the volume of scale.
  • EBITDA for the quarter stood at INR144.89 crores, translating to an EBITDA margin of 14.9%, an outcome of operational efficiencies from 13.7 in FY'26 (Note: this is said erroneously.

Capex & expansion

  • Continuously expand capacity and procurement capabilities at our Perundurai facility, including addition of new whey protein concentrate manufacturing unit, capacity expansion in yogurts and cream cheeses as well as the new plant manufacturing lines on natural cheeses.
  • So see, if you look at capex, we have INR500 crores of capex built in the RHP itself, and another INR150 crores of capex in built in the R HP.

Balance sheet & cash

  • Leverage our technology, IoT- enabled logistics, data analytics, analytics and automation to continuously improve our cost and operational efficiencies.
  • There is no cash flow pressure in terms of capex maybe this year, because we are actually having lot of free cash available through debt repayment and our own profitability expansions.

Peers in Packaged Foods

Data for information only, not investment advice. Prices end of day.