Parag Milk Foods Limited has informed the Exchange regarding Board meeting held on May 07, 2026, for, inter-alia, approval of Audited Financial Results FY 25-26, recommendation of dividend and allotment of equity shares to ESOP Trust
PARAGMILK · price
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Parag Milk Foods reported FY26 standalone revenue of ₹3,742 Crores (up 11.1% YoY) and standalone PAT of ₹150.58 Crores (up 23.7% YoY). Consolidated revenue stood at ₹3,817.50 Crores with PAT of ₹134.76 Crores (up 15.2% YoY). Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The Board recommended a final dividend of ₹1.10 per share (11% on ₹10 face value), subject to shareholder approval at AGM. An exceptional item of ₹34.54 Crores (standalone) was recognized due to one-time provision for employee benefits under new Labour Codes. Additionally, 10 lakh equity shares were allotted to the ESOP Trust, increasing paid-up capital to ₹126.11 Crores. Vitalia Tradeglob Pvt Ltd (holding nil shares) was reclassified from promoter group to public category.
Revenue growth of 11% and PAT growth of 24% demonstrate solid operational performance. Clean audit opinion removes key concerns. The exceptional item is a one-time charge from regulatory change, not underlying business weakness. Dividend and ESOP allotment are positive shareholder-friendly actions.