MILKYMIST · NSE
Milky Mist Dairy Food Limited
₹274.07
-0.25% (-₹0.69)
Prev. close
₹274.76
Volume
50,36,730
Delivery %
31.4%
As of
18 Sept 2026
Price history
Tushar Badjate · Badjate Stock Shares Pvt Ltd · 18 Aug 2026
“Neutral on Milky Mist Dairy Food, expecting a firm listing but highlighting concerns about its valuation at 71-85x FY26 earnings, making it more expensive than peers. Also flags the company's significant debt of ₹1,672 crore against a ₹463 crore net worth as an overhang, despite ₹497 crore of IPO proceeds being used for debt reduction. The balance between growth and leverage will be a key factor beyond the initial listing.”
Analyst sentiment
Analysts are split
4 analyst stances · last 90 days · one per analyst
Trackable
3 · 1 bull / 2 neutral / 0 bear
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Neutral on Milky Mist for fresh buying due to stretched valuations at 84.86x P/E on FY26 EPS of ₹1.65, despite strong fu…” | Seema SrivastavaSMC Global Securities | Milky Mist Dairy Food | PENDING | ||||
| “Neutral on Milky Mist Dairy Food, expecting a firm listing but highlighting concerns about its valuation at 71-85x FY26 …” | Tushar BadjateBadjate Stock Shares Pvt Ltd | Milky Mist Dairy Food | MISS | ||||
“Neutral on Milky Mist Dairy Food, expecting a firm listing but highlighting concerns about its valuation at 71-85x FY26 earnings, making it more expensive than peers. Also flags the company's significant debt of ₹1,672 crore against a ₹463 crore net worth as an overhang, despite ₹497 crore of IPO proceeds being used for debt reduction. The balance between growth and leverage will be a key factor beyond the initial listing.” How it resolved: Milky Mist Dairy Food price increased from ₹181.50 to ₹274.50 (+51.24% in 30d), which contradicts a neutral outlook. (17 Sept 2026) | |||||||
| “Milky Mist Dairy Food demonstrates strong financial performance, with FY26 revenue growing 33.58% and profit surging 175…” | Equivision AnalysisEquivision | Milky Mist Dairy Food Ltd | PENDING | ||||
Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Milky Mist Dairy Food for the long term, citing its position as one of India's fastest-growing packaged food …” | Mahesh M OjhaKantilal Chaganlal Securities | Milky Mist Dairy Food | HIT |
Fundamentals
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.
Details
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Dr. Rathnam Kondappan
Headquarters
Perundurai
Website
milkymist.comExchange
View on NSE ↗Key stats
Market cap
₹21,152.22 Cr
P/E ratio (TTM)
166.5
EPS (TTM)
₹1.65
Shares float
12.80 Cr
Financial Performance
01 · Financials
FY23 growth needs FY22 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹1,387.34 Cr | ₹1,808.08 Cr | ₹2,332.85 Cr | ₹3,120.44 Cr | |
| EBITDA | ₹199.60 Cr | ₹231.91 Cr | ₹325.96 Cr | ₹458.41 Cr |
| ₹27.23 Cr | ₹19.44 Cr | ₹46.07 Cr | ₹127.01 Cr | |
| Diluted EPS | ₹0.35 | ₹0.25 | ₹0.6 | ₹1.65 |
09 · Balance Sheet
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹1,289.42 Cr | ₹1,606.26 Cr | ₹2,150.59 Cr | ₹2,676.46 Cr | |
| ₹803.77 Cr | ₹1,041.65 Cr | ₹1,381.99 Cr | ₹1,676.72 Cr | |
| Stockholders' equity | ₹262.39 Cr | ₹282.07 Cr | ₹327.79 Cr | ₹463.02 Cr |
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹175.04 Cr | ₹140.29 Cr | ₹314.86 Cr | ₹301.79 Cr | |
| Investing cash flow | ₹-367.90 Cr | ₹-289.97 Cr | ₹-545.33 Cr | ₹-469.69 Cr |
| ₹198.01 Cr | ₹151.98 Cr | ₹233.13 Cr | ₹164.48 Cr | |
| Capital expenditure | ₹-391.56 Cr | ₹-291.92 Cr | ₹-595.11 Cr | ₹-469.72 Cr |
| End cash position | ₹9.02 Cr | ₹11.31 Cr | ₹13.97 Cr | ₹10.54 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Aug 26 |
|---|---|
| Promoter | 79.51% |
| Public | 20.49% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Consumer Defensive
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Hindustan Unilever Limited | ₹4.56 L Cr | ₹1,932 | 43.7 | 9.36 | 30.9% | 0.03 | +5.3% | -25.3% |
| ITC Limited | ₹3.34 L Cr | ₹262.3 | 16.8 | 4.60 | 28.5% | 0.03 | +4.8% | -36.3% |
| Nestle India Limited | ₹2.67 L Cr | ₹1,383.3 | 69.9 | 66.52 | 80.0% | 0.29 | +19.6% | +14.1% |
| Avenue Supermarts Limited | ₹2.42 L Cr | ₹3,749.9 | 79.4 | 9.89 | 12.1% | 0.10 | +16.0% | -21.2% |
| Varun Beverages Limited | ₹1.41 L Cr | ₹421.95 | 41.5 | 7.18 | 15.5% | 0.13 | +7.1% | -10.9% |
| Britannia Industries Limited | ₹1.20 L Cr | ₹4,982 | 45.7 | 23.58 | 49.6% | 0.27 | +7.5% | -18.3% |
| Marico Limited | ₹1.06 L Cr | ₹803.9 | 56.0 | 25.19 | 41.9% | 0.13 | +26.2% | +11.7% |
| TATA CONSUMER PRODUCTS LIMITED | ₹98,978.89 Cr | ₹1,013.7 | 60.4 | 4.54 | 7.1% | 0.13 | +15.2% | -10.8% |
| United Spirits Limited | ₹98,697.70 Cr | ₹1,371 | 58.5 | 11.02 | 20.5% | 0.05 | +7.8% | +3.3% |
| Godrej Consumer Products Limited | ₹89,334.52 Cr | ₹880 | 46.6 | 7.06 | 14.7% | 0.35 | +8.5% | -28.9% |
| Dabur India Limited | ₹67,765.15 Cr | ₹384.55 | 34.7 | 5.93 | 16.6% | 0.11 | +5.2% | -28.1% |
| Milky Mist Dairy Food Limited | ₹21,265.39 Cr | ₹274.76 | 169.5 | 45.93 | 27.4% | 3.62 | +33.8% | — |
Ranked by market cap within Consumer Defensive, same metrics as the Fundamentals screener. Click a column to sort.
Index membership
2 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
IPO Lock In Expiry: Milky Mist falls 5%, Molbio Diagnostics down 7%, Dhoot Transmission hits 10% lower circuit
businessupturn.com · 4 days ago
Why are Milky Mist Dairy Food shares down 5% today? Explained
Milky Mist Dairy Food shares fell 5% to the lower circuit today due to the expiry of the IPO anchor investor lock-in period. This made 50% of anchor shares, worth ₹232.65 crore, eligible for trading. The increased potential supply created selling pressure, with no buy orders visible.