PARAGMILKNSEParag Milk Foods LimitedMediumNeutral
Announced Fri, 8 May · 24:48 IST

Parag Milk Foods Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapInvestor Communications View source PDF

PARAGMILK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.3%1-day move
₹229.00
prior close
₹226.00
base price
After-mkt
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AI summary

Parag Milk Foods reported its highest-ever Q4 revenue of ₹945 crore (up 3% YoY) and full-year FY26 revenue of ₹3,818 crore (up 11% YoY). Despite a 5% volume decline in Q4 due to lower institutional sales and planned SMP reduction, the company achieved 23% PAT growth to ₹32 crore in Q4 and 19% PAT growth to ₹141 crore in FY26. Gross margin improved 130 basis points YoY to 28% in Q4, demonstrating successful cost pass-through amid 15% milk price inflation. The New Age Business segment (Pride of Cows & Avvatar) surged 91% YoY and now contributes 10% of total revenue. The company strengthened its capital structure through equity infusion from preferential warrants and FCCB conversion, reducing net debt to ₹484 crore with a healthy Net Debt/Equity ratio of 0.4x.

Likely market impact

The stock appears positioned favorably with improving margins, strong growth in premium segments, and a deleveraged balance sheet. Return metrics show ROCE at 13.6% and ROE at 11.3%, indicating efficient capital deployment for shareholders.