Parag Milk Foods Ltd
Parag Milk Foods Ltd (PARAGMILK) last reported results for the quarter ended Jun 2026, with sales of ₹945 crore and net profit of ₹22 crore. The stock last traded at ₹298, a market capitalisation of ₹3,746 crore, on a P/E of 27.8. Over the past 52 weeks the stock has ranged between ₹178 and ₹377. Figures are as of 6 Oct 2026 and are not real time.
Parag Milk Foods Ltd share price and key metrics
- Current price
- ₹298
- Market cap
- ₹3,746 cr
- Stock P/E
- 27.8
- Book value
- ₹101
- ROE
- 12.1%
- ROCE
- 13.4%
- Dividend yield
- 0.39%
- 52w high / low
- 377/178
Metrics as of 6 Oct 2026. Not real time.
Track Parag Milk Foods Ltd
Cruxal reads every Parag Milk Foods Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
Parag Milk Foods Ltd growth and returns
- 10 Years
- 9%
- 5 Years
- 16%
- 3 Years
- 10%
- TTM
- 11%
- 10 Years
- 11%
- 5 Years
- 45%
- 3 Years
- 37%
- TTM
- 13%
- 10 Years
- -1%
- 5 Years
- 16%
- 3 Years
- 10%
- 1 Year
- 1%
- 10 Years
- 2%
- 5 Years
- -3%
- 3 Years
- 12%
- Last Year
- 12%
Parag Milk Foods Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹945 cr, up 10.9% from ₹852 cr a year earlier. Net profit was ₹22 cr, down 21.4% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 871 | 885 | 918 | 852 | 1,008 | 1,013 | 945 | 945 |
| Expenses | 802 | 811 | 856 | 794 | 937 | 944 | 886 | 876 |
| Operating profit | 69 | 74 | 62 | 58 | 71 | 68 | 59 | 68 |
| OPM % | 8% | 8% | 7% | 7% | 7% | 7% | 6% | 7% |
| Other income | 7 | 5 | 13 | 8 | 18 | 3 | 19 | 1 |
| Interest | 23 | 26 | 25 | 20 | 20 | 21 | 21 | 22 |
| Depreciation | 18 | 16 | 17 | 16 | 19 | 18 | 18 | 18 |
| Profit before tax | 36 | 38 | 33 | 29 | 50 | 33 | 40 | 29 |
| Tax % | 18% | 4% | 19% | 5% | 10% | 9% | 20% | 25% |
| Net profit | 29 | 36 | 26 | 28 | 46 | 30 | 32 | 22 |
| EPS (₹) | 2.45 | 3.02 | 2.20 | 2.31 | 3.65 | 2.36 | 2.58 | 1.76 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Parag Milk Foods Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,731 | 1,955 | 2,396 | 2,438 | 1,842 | 2,072 | 2,893 | 3,139 | 3,432 | 3,818 | 3,911 |
| Operating profit | 92 | 197 | 225 | 213 | 126 | -436 | 120 | 202 | 254 | 258 | 267 |
| OPM % | 5% | 10% | 9% | 9% | 7% | -21% | 4.2% | 6% | 7% | 7% | 7% |
| Net profit | 5 | 87 | 121 | 94 | 21 | -532 | 53 | 91 | 119 | 135 | 130 |
| EPS (₹) | 0.57 | 10.35 | 14.35 | 11.14 | 2.46 | -55.83 | 4.54 | 7.59 | 9.95 | 10.79 | 10.35 |
TTM is the trailing twelve months to the most recent quarter.
Parag Milk Foods Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 84 | 84 | 84 | 84 | 84 | 95 | 117 | 119 | 119 | 125 |
| Reserves | 541 | 628 | 743 | 827 | 844 | 459 | 691 | 793 | 904 | 1,134 |
| Borrowings | 261 | 291 | 240 | 400 | 381 | 523 | 606 | 616 | 654 | 607 |
| Other liabilities | 401 | 378 | 375 | 379 | 373 | 318 | 253 | 358 | 355 | 415 |
| Total liabilities | 1,287 | 1,382 | 1,442 | 1,690 | 1,683 | 1,395 | 1,668 | 1,887 | 2,033 | 2,281 |
| Fixed assets | 334 | 397 | 406 | 466 | 473 | 459 | 436 | 466 | 578 | 643 |
| CWIP | 21 | 20 | 29 | 7 | 3 | 10 | 45 | 69 | 19 | 37 |
| Investments | 0 | 1 | 1 | 1 | 1 | 0 | 5 | 5 | 5 | 5 |
| Other assets | 933 | 964 | 1,007 | 1,217 | 1,205 | 926 | 1,182 | 1,348 | 1,431 | 1,596 |
| Total assets | 1,287 | 1,382 | 1,442 | 1,690 | 1,683 | 1,395 | 1,668 | 1,887 | 2,033 | 2,281 |
As reported by the company. Total assets equal total liabilities by construction.
Parag Milk Foods Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | -17 | 19 | 140 | -66 | 100 | -149 | -190 | 102 | 212 | 149 |
| Cash from investing | -87 | -16 | -73 | -30 | -47 | -26 | -88 | -53 | -132 | -98 |
| Cash from financing | 140 | -12 | -91 | 111 | -69 | 248 | 212 | -53 | -78 | -60 |
| Net cash flow | 36 | -10 | -24 | 15 | -15 | 73 | -66 | -3 | 1 | -9 |
| Free cash flow | -111 | -45 | 52 | -98 | 56 | -185 | -190 | 41 | 87 | 58 |
| CFO / operating profit | 0% | 16% | 75% | -15% | 96% | 31% | -155% | 56% | 88% | 64% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Parag Milk Foods Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 7% | 17% | 18% | 14% | 7% | -39% | 9% | 11% | 14% | 13% |
| Debtor days | 37 | 47 | 42 | 45 | 32 | 22 | 21 | 28 | 28 | 23 |
| Inventory days | 136 | 131 | 113 | 127 | 186 | 91 | 100 | 103 | 90 | 104 |
| Days payable | 99 | 91 | 73 | 59 | 81 | 43 | 27 | 42 | 40 | 38 |
| Cash conversion cycle | 74 | 87 | 83 | 114 | 136 | 70 | 95 | 89 | 78 | 89 |
| Working capital days | 33 | 49 | 55 | 65 | 91 | 44 | 66 | 67 | 49 | 51 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Parag Milk Foods Ltd shareholding pattern
Promoters held 40.49% at Jun 2026, down from 42.61% at Jun 2025. FIIs 7.46% and DIIs 5.80%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 42.61% | 42.61% | 42.61% | 42.61% | 42.61% | 40.65% | 40.65% | 40.49% |
| FIIs | 10.08% | 8.20% | 8.46% | 9.24% | 9.92% | 9.26% | 8.77% | 7.46% |
| DIIs | 7.11% | 7.06% | 6.91% | 6.87% | 6.62% | 6.16% | 5.25% | 5.80% |
| Public | 40.05% | 41.97% | 41.88% | 41.16% | 40.72% | 43.84% | 45.25% | 45.76% |
| No. of shareholders | 1,09,431 | 1,11,246 | 1,10,427 | 1,02,552 | 88,012 | 86,569 | 88,588 | 88,951 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Cruxal coverage of Parag Milk Foods Ltd
Parag Milk Foods Ltd corporate filings
- Parag Milk Foods Declares Dividend, Approves Key Remuneration & Board Resolutions in AGMAGM/EGMmedium impact
Cruxal's analysis: Parag Milk Foods announced the approval of a 11% dividend for FY 2026, translating to Rs…
Read the full analysis - Parag Milk Foods Limited holds 34th AGM; no new financial disclosures or strategic updates announcedAGM/EGMlow impact
Cruxal's analysis: Parag Milk Foods Limited conducted its 34th Annual General Meeting on September 29, 2026…
Read the full analysis - Sixth Sense India Opportunities III reduces stake in Parag Milk Foods Limited by 2.35% via open market salesInsider Trading / SASTmedium impact
Cruxal's analysis: Sixth Sense India Opportunities III has offloaded 29.54 lakh equity shares of Parag Milk…
Read the full analysis - Parag Milk Foods Limited has informed the Exchange regarding the Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015Insider Trading / SASTlow impact
- Parag Milk Foods Limited schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Parag Milk Foods Limited has issued a formal intimation regarding a scheduled…
Read the full analysis - Parag Milk Foods announces expansion of paneer manufacturing capacityCompany Updatemedium impact
Cruxal's analysis: Parag Milk Foods Limited has formally notified the exchange regarding an expansion of its…
Read the full analysis - Parag Milk Foods Appoints Phalgun Trivedi as Chief - R&D, Quality Control and Food Safety OfficerCompany Updatelow impact
Cruxal's analysis: Parag Milk Foods Limited has announced the appointment of Phalgun Trivedi as the new…
Read the full analysis - Parag Milk Foods rebrands 'Pride of Cows' to strengthen premium lifestyle positioningCompany Updatelow impact
Cruxal's analysis: Parag Milk Foods has announced a new brand identity for its premium milk brand, 'Pride of…
Read the full analysis - Parag Milk Foods expands into snacking segment with launch of Avvatar Popped Protein ChipsCompany Updatemedium impact
Cruxal's analysis: Parag Milk Foods has announced the launch of 'Avvatar Popped Protein Chips', marking the…
Read the full analysis - Parag Milk Foods Limited schedules 34th Annual General Meeting for September 29, 2026Company Updatelow impact
Cruxal's analysis: Parag Milk Foods Limited has published a newspaper notice regarding its 34th Annual…
Read the full analysis - Parag Milk Foods Limited announces 34th Annual General Meeting and FY 2025-26 Integrated Annual ReportCompany Updatelow impact
Cruxal's analysis: Parag Milk Foods Limited has filed a compliance update under Regulation 30 of the SEBI…
Read the full analysis - Parag Milk Foods Limited files Business Responsibility and Sustainability Report (BRSR) for FY 2025-26Otherslow impact
Cruxal's analysis: Parag Milk Foods Limited has submitted its Business Responsibility and Sustainability…
Read the full analysis - Parag Milk Foods Limited announces record date of September 22, 2026, for 1.10 INR dividend and 34th AGMCorp. Actionlow impact
Cruxal's analysis: Parag Milk Foods Limited has officially fixed Tuesday, September 22, 2026, as the record…
Read the full analysis - Parag Milk Foods Limited releases Integrated Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Parag Milk Foods Limited has filed its Integrated Annual Report for the financial year…
Read the full analysis - Parag Milk Foods Limited releases Integrated Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Parag Milk Foods Limited has filed its Integrated Annual Report for the financial year…
Read the full analysis - Parag Milk Foods Announces 34th AGM and Integrated Annual Report for FY 2025-26AGM/EGMlow impact
Cruxal's analysis: Parag Milk Foods Limited has scheduled its 34th Annual General Meeting (AGM) for…
Read the full analysis - Parag Milk Foods Reports Q1 FY27 Revenue of INR945 Crore; Announces CFO Elevation and Cheese Capacity ExpansionCompany Updatehigh impact
Cruxal's analysis: Parag Milk Foods Limited reported its highest-ever Q1 revenue of INR945 crore, reflecting…
Read the full analysis - Parag Milk Foods Limited announces 34th Annual General Meeting (AGM) to be held via Video ConferencingCompany Updatelow impact
Cruxal's analysis: Parag Milk Foods Limited has issued a formal notice regarding its 34th Annual General…
Read the full analysis - Parag Milk Foods Limited schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Parag Milk Foods Limited has issued an intimation regarding a scheduled meeting with…
Read the full analysis - Parag Milk Foods Limited releases audio recording of Q1 FY 2026-27 earnings conference callCompany Updatelow impact
Cruxal's analysis: Parag Milk Foods Limited has formally disclosed the availability of the audio recording…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.