PARAGMILK · NSE

Parag Milk Foods Limited

₹268.5

+1.47% (+₹3.9)

Prev. close

₹264.6

Volume

15,21,408

Delivery %

56.0%

As of

18 Sept 2026

Price history

₹268.5+₹30.76 (+12.94%) · 3M
10 Jun 202618 Sept 2026
₹269.1₹207.2910 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Parag Milk Foods Limited in the last 90 days.

Fundamentals

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.

Details

Sector

Consumer Defensive

Industry

Packaged Foods

CEO

Mr. Devendra Prakash Shah

Headquarters

Pune

Employees

2,073

Key stats

Market cap

₹3,396.75 Cr

P/E ratio (TTM)

26.6

Dividend yield

0.42%

EPS (TTM)

₹10.11

Beta (1Y · daily vs NIFTY 50)

1.57

Beta (5Y · monthly vs NIFTY 50)

1.74

Shares float

6.91 Cr

EPS · quarter ended Jun 2026

₹1.73

Financial Performance

01 · Financials

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr-25%0%25%50%FY21FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 1.4% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-100-50050FY21FY22FY23FY24FY26

03 · Dividend Profile

00111-50%-25%0%25%50%21 Sept 2007 Sept 2104 Sept 2422 Sept 25
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr0.5×1.5×FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

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

0 Cr1000 Cr2000 Cr3000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-500 Cr0 Cr500 Cr1000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,841.76 Cr₹2,071.75 Cr₹2,892.62 Cr₹3,138.70 Cr₹3,326.67 Cr₹3,817.50 Cr
EBITDA₹138.30 Cr₹-417.33 Cr₹163.49 Cr₹222.35 Cr₹292.93 Cr₹304.52 Cr
₹20.71 Cr₹-532.50 Cr₹53.25 Cr₹90.59 Cr₹118.79 Cr₹135.05 Cr
Diluted EPS₹2.46₹-55.54₹4.96₹7.47₹10.57

Total expenses (as filed), Employee benefit expense, Other expenses, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,395.03 Cr₹1,667.60 Cr₹1,890.89 Cr₹2,032.64 Cr₹2,280.63 Cr
₹534.13 Cr₹606.24 Cr₹616.47 Cr₹654.29 Cr₹607.40 Cr
Stockholders' equity₹554.03 Cr₹807.91 Cr₹912.11 Cr₹1,023.40 Cr₹1,258.56 Cr

Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹99.95 Cr₹-148.96 Cr₹-190.06 Cr₹102.27 Cr₹212.04 Cr₹149.48 Cr
Investing cash flow₹-46.83 Cr₹-26.03 Cr₹-87.56 Cr₹-52.93 Cr₹-132.39 Cr₹-98.01 Cr
₹-68.55 Cr₹247.71 Cr₹211.74 Cr₹-52.57 Cr₹-78.35 Cr₹-60.08 Cr
Capital expenditure₹-44.36 Cr₹-35.70 Cr₹-53.27 Cr₹-61.19 Cr₹-125.51 Cr₹-109.25 Cr
End cash position₹6.95 Cr₹79.67 Cr₹13.80 Cr₹10.56 Cr₹11.89 Cr₹3.28 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 22(4Q)Aug 22Sep 22(2Q)Nov 22Dec 23(6Q)Mar 24Dec 24(5Q)Mar 25Jun 25(2Q)Sep 25Sep 25Dec 25Mar 26Jun 26
Promoter40.75%36.19%41.63%42.61%42.61%40.65%42.61%40.65%40.65%40.49%
Public59.07%63.64%58.22%57.25%57.25%59.21%57.25%59.26%59.27%59.03%
Employee trusts0.18%0.16%0.15%0.15%0.14%0.14%0.14%0.09%0.08%0.47%

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₹1,93243.79.3630.9%0.03+5.3%-25.3%
ITC Limited₹3.34 L Cr₹262.316.84.6028.5%0.03+4.8%-36.3%
Nestle India Limited₹2.67 L Cr₹1,383.369.966.5280.0%0.29+19.6%+14.1%
Avenue Supermarts Limited₹2.42 L Cr₹3,749.979.49.8912.1%0.10+16.0%-21.2%
Varun Beverages Limited₹1.41 L Cr₹421.9541.57.1815.5%0.13+7.1%-10.9%
Britannia Industries Limited₹1.20 L Cr₹4,98245.723.5849.6%0.27+7.5%-18.3%
Marico Limited₹1.06 L Cr₹803.956.025.1941.9%0.13+26.2%+11.7%
TATA CONSUMER PRODUCTS LIMITED₹98,978.89 Cr₹1,013.760.44.547.1%0.13+15.2%-10.8%
United Spirits Limited₹98,697.70 Cr₹1,37158.511.0220.5%0.05+7.8%+3.3%
Godrej Consumer Products Limited₹89,334.52 Cr₹88046.67.0614.7%0.35+8.5%-28.9%
Dabur India Limited₹67,765.15 Cr₹384.5534.75.9316.6%0.11+5.2%-28.1%
Parag Milk Foods Limited₹3,366.39 Cr₹268.526.32.6710.7%0.48+13.1%-9.9%

Ranked by market cap within Consumer Defensive, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Index membership

4 indices

Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

PARAGMILK

Parag Milk Foods shares surge 8% on foray into snacking category

Business Today · 9 days ago

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Parag Milk jumps on launching Avvatar Popped Chips; expands nutrition portfolio

business-standard.com · 9 days ago