Parag Milk Foods names Rakesh Kothari as CFO; Q1 revenue up 11% YoY

Management Changes View source PDF Explain this filing

PARAGMILK · price

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Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹224.00

prior close

₹219.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-0.5% vs market

Dairy Products peers, median of 10sector+0.0%-0.5% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.5 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.0

10m

+3.4

15m

+3.7

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.0-0.5+0.0-0.5

Next day

-1.8-0.0-1.8+0.5-2.3

-2.2-0.2-2.0+0.4-2.6

-3.6+0.2-3.8+1.1-4.7

-2.9+0.3-3.2+4.8-7.6

-5.6+0.4-6.1+4.6-10.2

-4.9+0.9-5.8+3.1-8.0

15d

+6.2+1.6+4.7+14.4-8.1

+11.1+2.0+9.1+13.5-2.4

+39.1+0.6+38.5+8.8+30.3

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UpDownMarket · Nifty Microcap 250Sector · Dairy Products peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved three items on Aug 6, 2026. (1) Rakesh Kothari appointed CFO and KMP from Aug 7, 2026; Pritam Shah continues as MD after stepping down as interim CFO. (2) Cheese capacity to double from 60 to 120 MT/day via brownfield expansion costing about 105 Crore rupees by FY 2027-28. (3) Q1 FY27 standalone revenue rose 10.8 percent YoY to 920.47 Crore rupees but PAT eased to 25.43 Crore from 28.28 Crore. Consolidated revenue grew to 944.57 Crore rupees.

Likely market impact

Capacity doubling signals growth focus, but near-term margins are pressured with profits down YoY despite revenue growth.