PARAG MILK FOODS LTD.·FMCG 54.16·Food Products Companies

Price

225.5

+8.44%
O:208.55
H:229.9
L:208.55
C:225.5

52W Range

177.84376.95
+27%/-40%

Market Cap

₹2,832.50 Cr

Traded: ₹80.12 Cr (2.83%) 0.0x

Free Float: ₹1,049.16 Cr (7.64% of FF traded)

Volume · 60D trend

36.1 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+5% 3M:-2% 6M:+1% 12M:-30%

Valuation

P/E21.8
P/B2.3
P/S0.7
EV/EBIT110213832.7

Business Strength

ROE12.3%
ROCE13.5%
OPM6.7%
NPM3.5%

Growth (3Y CAGR)

EPS+8.4%
Sales+10.0%
Profit+38.0%
3Y Return+11.0%

Balance Sheet

Debt/Equity0.4
Debt540 Cr
Pledge0.0%
CWIP/Fixed Asset5.8%

Cash Position

CFO/NP110.4%
FCF58.6 Cr
FCF 3Y Avg186 Cr
Cash/MCap1.0%

Others

Div Yield0.4%
Div Payout10.0%
Cash Conv. Cycle84 days
Tradeable Free Float37.0%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 88.36 Cr
8.42% FF
60d high
₹ 102.15 Cr
60d low
₹ 86.22 Cr
60d mean
₹ 90.76 Cr
vs mean
▼ 2.65%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+2.0%
-3.0%
+12.0%
--
--
Stable
Return
-4.0%
+11.0%
+11.0%
-3.0%
--
Stable
Profit
+11.0%
+45.0%
+38.0%
--
+13.0%
Decelerating
Sales
+9.0%
+16.0%
+10.0%
--
+11.0%
Stable

Quarterly Results

Jun 2026

7 Aug
Rev
945 Cr
+11% YoY+0% QoQ
OPM7.0%
NPM2.3%
PAT
-20% YoY22 Cr
EPS
-24% YoY1.8

Mar 2026

8 May
Rev
945 Cr
+3% YoY-7% QoQ
OPM6.0%
NPM3.4%
PAT
+23% YoY32 Cr
EPS
+17% YoY2.6

Dec 2025

5 Feb
Rev
1.0K Cr
+14% YoY+1% QoQ
OPM7.0%
NPM3.0%
PAT
-4% YoY30 Cr
EPS
-22% YoY2.4

Sep 2025

PDF
Rev
1.0K Cr
+16% YoY+18% QoQ
OPM7.0%
NPM4.6%
PAT
+56% YoY46 Cr
EPS
+49% YoY3.6

Jun 2025

PDF
Rev
852 Cr
+12% YoY-7% QoQ
OPM7.0%
NPM3.3%
PAT
+1% YoY28 Cr
EPS
+1% YoY2.3

Mar 2025

PDF
Rev
918 Cr
+16% YoY+4% QoQ
OPM7.0%
NPM2.8%
PAT
+167% YoY26 Cr
EPS
+168% YoY2.2

Dec 2024

PDF
Rev
885 Cr
+10% YoY+2% QoQ
OPM8.0%
NPM4.1%
PAT
+6% YoY36 Cr
EPS
+4% YoY3.0

Sep 2024

PDF
Rev
871 Cr
+9% YoY+15% QoQ
OPM8.0%
NPM3.3%
PAT
+16% YoY29 Cr
EPS
+14% YoY2.5

Jun 2024

PDF
Rev
758 Cr
+1% YoY-4% QoQ
OPM7.0%
NPM3.6%
PAT
+28% YoY27 Cr
EPS
+26% YoY2.3

Mar 2024

PDF
Rev
790 Cr
-1% YoY-1% QoQ
OPM4.7%
NPM1.3%
PAT
-56% YoY10 Cr
EPS
-57% YoY0.8

Dec 2023

PDF
Rev
801 Cr
+9% YoY+0% QoQ
OPM8.0%
NPM4.2%
PAT
+269% YoY34 Cr
EPS
+268% YoY2.9

Sep 2023

PDF
Rev
798 Cr
+20% YoY+6% QoQ
OPM7.0%
NPM3.1%
PAT
+121% YoY25 Cr
EPS
+103% YoY2.1

Jun 2023

PDF
Rev
750 Cr
---6% QoQ
OPM5.0%
NPM2.8%
PAT
+109% YoY21 Cr
EPS
--1.8

Mar 2023

Rev
801 Cr
--+9% QoQ
OPM5.0%
NPM2.8%
PAT
+104% YoY22 Cr
EPS
--1.9

Dec 2022

Rev
736 Cr
--+11% QoQ
OPM5.0%
NPM1.2%
PAT
-51% YoY9 Cr
EPS
--0.8

Sep 2022

Rev
665 Cr
----
OPM6.0%
NPM1.6%
PAT
-50% YoY11 Cr
EPS
--1.1

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.48
Interest Coverage7.5x
Promoter Pledge0.0%
Borrowings607 Cr

Efficiency

Receivable Days23 days
Inventory Days95 days
Payable Days35 days
Cash Conversion cycle84 days

Cash Position

Operating Cash Flow149 Cr
Investing Cash Flow-98 Cr
Financing Cash Flow-60 Cr
Free Cash Flow59 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales9459451,0131,008852918885871758790801798750801736665
Expenses876886944937794856811802702753736743709764702627
Operating Profit68596871586274695637655640373438
OPM %7.0%6.0%7.0%7.0%7.0%7.0%8.0%8.0%7.0%4.7%8.0%7.0%5.0%5.0%5.0%6.0%
Other Income1193188135768666950
Interest22212120202526231916222117121514
Depreciation18181819161716181615151515181214
Profit Before Tax29403350293338362714332415161110
Tax %25.0%20.0%9.0%10.0%5.0%19.0%4.0%18.0%-2.0%27.0%-4.0%-3.0%-41.0%-36.0%13.0%-10.0%
Net Profit2232304628263629271034252122911
Exceptional Items00-6000000000000--
EPS (Rs)1.82.62.43.62.32.23.02.52.30.82.92.11.81.90.81.1
Sales Growth (YoY)10.9%2.9%14.5%15.7%12.4%16.2%10.5%9.2%1.1%-1.4%8.8%20.0%--------
Sales Growth (QoQ)0.0%-6.7%0.5%18.3%-7.2%3.7%1.6%14.9%-4.0%-1.4%0.4%6.4%-6.4%8.8%10.7%--
OP Growth (YoY)17.2%-4.8%-8.1%2.9%3.6%67.6%13.8%23.2%40.0%0.0%91.2%47.4%--------
OP Growth (QoQ)15.3%-13.2%-4.2%22.4%-6.5%-16.2%7.2%23.2%51.4%-43.1%16.1%40.0%8.1%8.8%-10.5%--
Profit Growth (YoY)-20.1%23.0%-3.6%56.3%1.0%166.9%5.6%16.0%27.5%-56.1%268.9%121.2%108.9%103.8%-51.3%-50.0%
EPS Growth (YoY)-23.8%17.3%-21.9%49.0%0.9%168.3%3.8%13.9%25.8%-56.8%268.4%102.8%--------
EPS Growth (QoQ)-31.8%9.3%-35.3%58.0%5.0%-27.1%23.3%7.0%179.3%-71.8%35.4%18.1%-4.2%140.5%-25.5%--
OP Margin7.2%6.2%6.7%7.0%6.8%6.8%8.4%7.9%7.4%4.7%8.1%7.0%5.3%4.6%4.6%5.7%
Net Margin2.3%3.4%3.0%4.6%3.3%2.8%4.1%3.3%3.6%1.3%4.2%3.1%2.8%2.8%1.2%1.6%
Material Cost %--72.0%74.0%74.0%73.0%73.0%73.0%77.0%72.0%75.0%74.0%77.0%79.0%79.0%79.0%79.0%
Employee Cost %--6.0%5.0%4.0%5.0%5.0%4.0%4.0%4.0%4.0%4.0%3.0%4.0%3.0%4.0%4.0%
P/S0.720.740.760.69------------------------
P/E21.7920.7321.9118.11------------------------
P/B2.252.252.402.10------------------------

Shareholding Pattern

Shareholders:89.0K (+43.3%)
Current MixJun 2026

Exchange Filings

50
Company Update13 Aug 2026

Parag Milk Foods Limited has informed the exchange about transcript of Earnings Conference Call held on August 7, 2026.

Company Update10 Aug 2026

Extract of Newspaper Publications regarding the ensuing AGM and, inter - alia, requesting the shareholders to register/update their email address.

Company Update07 Aug 2026

Appointment of Mr. Rakesh Kothari as Chief Financial Officer & Key Managerial Personnel with effect from August 7, 2026

Company Update07 Aug 2026

Press Releases on Outcome of Board Meeting held on August 6, 2026

Company Update07 Aug 2026

Parag Milk Foods Limited - Investor Presentation on Unaudited Financial Results for quarter ended June 30, 2026

Company Update07 Aug 2026

Parag Milk Foods Limited has informed the Exchange about statement of no deviation or variation under Regulation 32 for quarter ended June 30, 2026.

Company Update07 Aug 2026

Monitoring Agency Report for quarter ended June 30, 2026

Company Update07 Aug 2026

Parag Milk Foods Limited has informed Exchange about audio recordings of Earnings Call under Regulation 30 of the SEBI (LODR) Regulations.

Company Update07 Aug 2026

Parag MIlk Foods Limited has informed about Schedule of Analysts/Investors Meet

Result06 Aug 2026

Parag Milk Foods Limited has informed the exchange about the the Unaudited Financial Results for the quarter ended June 30, 2026

Board Meeting06 Aug 2026

Parag Milk Foods Limited has informed the Exchange about the Outcome of Board Meeting held on August 6, 2026

Company Update24 Jul 2026

Parag Milk Foods Limited has informed about the Newspaper Publications in respect of the Reminder Letters sent to those shareholders having unclaimed dividend for seven consecutive years.

Company Update16 Jul 2026

Parag Milk Foods Limited has informed the exchange regarding receipt of no-objection for re-classification from the ''Promoter Group'' category to the Public Category under Regulations ....

Company Update08 Jul 2026

Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018

Insider Trading / SAST25 Jun 2026

Parag Milk Foods Limited has informed the Exchange regarding the Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Company Update11 Jun 2026

Parag Milk Foods Limited has informed the Exchange regarding ''E-mail communication sent to shareholders for Tax Deduction on Dividend Payout''

Company Update28 May 2026

Intimation of allotment of Equity Shares to ESOP Trust

Company Update28 May 2026

Annual Secretarial Compliance Report for the year ended March 31, 2026

Company Update15 May 2026

General Update : Corrigendum to the Outcome of Board Meeting held on May 7, 2026

Company Update14 May 2026

Parag Milk Foods Limited has informed the exchange about transcript of Earnings Conference Call held on May 8, 2026

Company Update12 May 2026

Parag Milk Foods Limited has informed the exchange regarding submission of application to stock exchanges under regulation 31A of SEBI (LODR) Regulations, 2015

Company Update12 May 2026

Parag Milk Foods collaborates with Tetra Pak for launching a milk-based protein drink in India''s first Tetra Prisma Aseptic 250E

Company Update08 May 2026

Monitoring Agency Report for quarter ended March 31, 2026

Company Update08 May 2026

Parag Milk Foods Limited has informed the Exchange about Statement of no deviation or variation under Regulation 32 for quarter ended March 31, 2026

Company Update08 May 2026

Parag Milk Foods Limited has informed the exchange about audio recording of Earnings Call under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Result08 May 2026

Audited Financial Results for quarter and financial year ended March 31, 2026

Company Update08 May 2026

Parag Milk Foods Limited - Investor Presentation on Financial Results for the quarter and year ended March 31, 2026

Company Update08 May 2026

Press Release on Audited Financial Results for the quarter and year ended March 31, 2026

Board Meeting07 May 2026

Parag Milk Foods Limited has informed about the Outcome of Board Meeting held on May 7, 2026.

Company Update07 May 2026

Parag Milk Foods Limited has informed the Exchange about credit ratings issued by India Ratings

Company Update05 May 2026

Schedule of Earnings Call (Group Conference Call) to discuss the financial and operational performance for Quarter and Financial Year ended March 31, 2026 with Investors & Analysts.

Board Meeting04 May 2026

Parag Milk Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2026 ,inter alia, to consider and approve (1) To consider and approve ....

Company Update04 May 2026

Parag Milk Foods Limited the Exchange regarding request received under regulation 31A of SEBI (LODR) Regulations, 2015

Company Update29 Apr 2026

Parag Milk Foods Limited has informed the exchange regarding press release on "Saksham Niveshak"- Second 100 Days Campaign for attention of shareholders to update KYC details and claim ....

Company Update09 Apr 2026

Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018

Insider Trading / SAST28 Mar 2026

Intimation of Closure of Trading Window

Company Update05 Mar 2026

Parag Milk Foods Limited has informed about Schedule of Analyst/ Investor Meet

Company Update11 Feb 2026

Parag Milk Foods Limited has informed the Exchange about transcript of Earnings Conference Call held on February 5, 2026

Company Update05 Feb 2026

Parag Milk Foods Limited has informed the Exchange about audio recording of Earnings Call under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Company Update05 Feb 2026

Parag Milk Foods Limited has informed the Exchange about Statement of no deviation or variation under Regulation 32 for quarter ended December 31, 2025

Company Update05 Feb 2026

Monitoring Agency Report for quarter ended December 31, 2025

Company Update05 Feb 2026

Parag Milk Foods Limited has informed about Schedule of Analyst/ Investor Meet

Board Meeting04 Feb 2026

Parag Milk Foods Limited has informed the Exchange about Outcome of Board Meeting held on February 4, 2026

Result04 Feb 2026

Parag Milk Foods Limited has informed the Exchange about the Unaudited Financial Results for Quarter and Nine Months ended December 31, 2025

Company Update04 Feb 2026

Press Release on Unaudited Financial Results for Quarter and Nine Months ended December 31, 2025

Company Update04 Feb 2026

Investor Presentation on Unaudited Financial Results for the quarter and nine months ended December 31, 2025

Company Update02 Feb 2026

Schedule of Earnings Call (Group Conference Call) to discuss the financial and operational performance for quarter and nine months ended December 31, 2025 with Investors & Analysts.

Board Meeting30 Jan 2026

Parag Milk Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/02/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....

Company Update07 Jan 2026

Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018

Insider Trading / SAST26 Dec 2025

Intimation of Closure of Trading Window

Annual Reports

10

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Credit Ratings

6
icraRating update
08 Aug 2025Report
fitchRating update
30 Jun 2025Report
icraRating update
08 Apr 2025Report
fitchRating update
10 Feb 2025Report
icraRating update
08 Apr 2024Report
icraRating update
10 May 2023Report

Concalls

46

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Jul 2025

31 Jul 2025

May 2025

31 May 2025

Jan 2025

31 Jan 2025

Nov 2024

30 Nov 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

May 2023

31 May 2023

Jan 2023

31 Jan 2023

Nov 2022

30 Nov 2022

Feb 2022

28 Feb 2022

Feb 2022

28 Feb 2022

Feb 2022

28 Feb 2022

Nov 2021

30 Nov 2021

Jul 2021

31 Jul 2021

Jun 2021

30 Jun 2021

Feb 2021

28 Feb 2021

Nov 2020

30 Nov 2020

Sep 2020

30 Sept 2020

Jun 2020

30 Jun 2020

Feb 2020

29 Feb 2020

Oct 2019

31 Oct 2019

Aug 2019

31 Aug 2019

Jun 2019

30 Jun 2019

May 2019

31 May 2019

Feb 2019

28 Feb 2019

Nov 2018

30 Nov 2018

Aug 2018

31 Aug 2018

Aug 2018

31 Aug 2018

Aug 2018

31 Aug 2018

May 2018

31 May 2018

Feb 2018

28 Feb 2018

Jan 2018

31 Jan 2018

Dec 2017

31 Dec 2017

Aug 2017

31 Aug 2017

Jun 2017

30 Jun 2017

May 2017

31 May 2017

Feb 2017

28 Feb 2017

Jan 2017

31 Jan 2017

Sep 2016

30 Sept 2016

Aug 2016

31 Aug 2016

Jun 2016

30 Jun 2016

Held by Mutual Funds

1 schemes hold paragmilk · sorted by weight

#SchemeWeight %
1

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.01%