Parag Milk Foods Limited share price
NSE: PARAGMILK · ISIN INE883N01014
Key numbers
- Market cap
- ₹ 3,402 Cr
- Current price
- ₹ 268.90
- 52-week high / low
- ₹ 377 / 178
- Stock P/E
- 27.7
- Book value
- ₹ 100.7
- Dividend yield
- 0.41%
- ROCE
- 13.2%
- ROE
- 11.8%
- Debt to equity
- 0.48
- Sales growth (3 yrs)
- 9.6%
- Profit growth (3 yrs)
- 36.4%
- 1-year return
- -4.3%
About Parag Milk Foods Limited
Parag Milk Foods Limited processes, manufactures, and sells milk and milk products in India and worldwide. The company offers ghee, milk, paneer, sweets, curd, butter, dairy whitener, milk powder, and gulab jamun mix products. It also offers flavoured cheese wedges, spreads, slices, and angles, as well as flavored yoghurt, bocconcini, slim milk, fresh cream, buttermilk, double toned milk, lassi, flavoured milk, milk shakes, beverages, UHT milk, and other dairy products. In addition, the company provides sports nutrition products, whey protein, protein bar, sesame and groundnut chikki, and lactose related products. Further, it sells its products under the Gowardhan, Go, Topp Up, Pride of Cows, and Avvatar brand names. Parag Milk Foods Limited was incorporated in 1992 and is headquartered in Pune, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 852 | 1,008 | 1,013 | 945 | 945 |
| Operating profit | 58 | 71 | 68 | 59 | 68 |
| Net profit | 28 | 46 | 30 | 32 | 22 |
| EPS (₹) | 2.31 | 3.83 | 2.37 | 2.58 | 1.76 |
Concall summary (2026-08-13)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- I'm confident that he will add a significant strength to our finance function as we continue to build a stronger governance and financial framework and will take Parag to a newer height.
- We're doing much more value-added products in Health and Nutrition, especially our new age business in FY23 was less than 3%, 4%.
Growth & demand
- We delivered our highest ever Q1 revenue of INR945 crores, representing 11% year-on-year value growth and 3% volume growth.
- Absolute EBITDA grew by 6% year-on-year, while the EBITDA margin was 7.4% compared to 7.7% last year.
Margins & costs
- As a result, the gross profit increased by 11% to INR258 crores, in line with the overall revenue growth, demonstrating that the cost push has been passed on.
- Parag Milk Foods Limited August 07, 2026 On a weighted average portfolio level, if you look at Y -o-Y, if the sales growth is 11%, gross margin growth is 11%, this clearly demonstrates that the entire cost push has been passed on as a blended portfolio.
Capex & expansion
- We are doubling our cheese production capacity from 60 metric tons per day to 120 metric tons per day over the next 1.5 years.
- With this capacity expansion, we will be able to drive a parallel expansion in our whey protein generation.
Balance sheet & cash
- Our focus will remain on disciplined capital allocation, stronger cash flows, sound governance and creating long-term value for all stakeholders.
Peers in Packaged Foods
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