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Investor Presentation

Parag Milk Foods Investor Presentation: Key Takeaways

Parag Milk Foods achieved its highest-ever Q1 revenue of ₹945 Cr, up 11% YoY, driven by strong growth in the New Age Business segment.

Highlights
Revenue growth11% YoY value growth; 3% YoY volume growth.
MarginsEBITDA margin at 7.4%; Gross Margin stable YoY at 27.3%.
Demand visibilityStrong momentum in New Age and Flagship categories.

Growth

Q1 FY27 revenue grew 11% YoY; EBITDA rose 6% to ₹70 Cr. PAT declined 20% to ₹22 Cr due to tax impact.

Outlook

Board approved doubling cheese capacity from 60 MT to 120 MT; focusing on premium high-margin New Age brands.

Risks

Milk prices increased 13% YoY, causing a marginal 30 bps decline in EBITDA margin to 7.4%.

Last quarter's promises, checked

Delivered

  • Guided 28% Q4 gross margin → delivered 28% (= BEAT)
  • Guided ₹100 Cr quarterly New Age revenue → delivered ₹100 Cr+ (= BEAT)
  • Guided ₹100 Cr FY26 Capex → delivered ₹100 Cr (= BEAT)

Partly delivered

  • Guided cheese expansion 60 to 80 MT → Board approved 120 MT (= PARTIAL)

Missed

  • Guided double-digit volume growth → delivered 3% (= MISS)
  • Guided double-digit EBITDA margin → delivered 7.4% (= MISS)
Source

Investor Presentation filed with BSE, NSE: PARAGMILK. Summary written with AI assistance from the document.

Read the document ↗

Parag Milk Foods Ltd: key numbers

Share price
₹268.90
Market cap
₹3,378 Cr
Revenue (annual)
₹3,818 Cr
Net profit (annual)
₹135.1 Cr
P/E (TTM)
26.1×Sector 43.4×
Promoter holding
40.49%-0.16% QoQ
FII holding
7.46%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Parag Milk Foods Ltd

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11:27 IST BSE
Capital Structure Change

Parag Milk Foods Capital Structure Change

Sixth Sense India Opportunities III sold 29,54,115 shares of Parag Milk Foods Limited, triggering a 2% change in their shareholding per SAST regulations.

12:42 IST BSE
Other Announcement

Parag Milk Foods Other Announcement

Sixth Sense India Opportunities III, a Connected Person of Parag Milk Foods Ltd, sold 8,00,000 equity shares in the open market. The transaction value totaled ₹21.98 Crore.

Value
₹21.98 Cr
12:41 IST BSE
Other Announcement

Parag Milk Foods Other Announcement

Sixth Sense India Opportunities III, a connected person of Parag Milk Foods Ltd, sold shares worth ₹41.30 Crore. The total stake decreased from 4.27% to 3.08% via open market sales.

Value
₹41.30 Cr
21:26 IST NSE
Capacity Expansion

Parag Milk Foods Capacity Expansion: ₹100 Cr Investment

Parag Milk Foods plans a ₹100 Crore investment to increase its paneer manufacturing capacity by 60 MT/day, taking total daily capacity to 80 MT.

Value
₹100.0 Cr
paneer manufacturing capacity
60.0 MT/day
09:30 IST BSE
Management Change

Parag Milk Foods Management Change

Parag Milk Foods appointed Phalgun Trivedi as Chief – R&D, Quality Control and Food Safety Officer. The hire brings 30+ years of global food and dairy expertise to the role.

11:27 IST NSE
Business Update

Parag Milk Foods Business Update

Parag Milk Foods rebranded Pride of Cows with a new lifestyle identity developed alongside Pollinate. The refresh reaffirms the single-origin farm-to-home proposition for its premium dairy brand.