What the business is, and whether it's a good one at a fair price.
Processes and markets dairy and dairy-based products in India, with a growing protein and nutrition platform under the Avvatar and Pride of Cows brands. The core business spans cheese, ghee, paneer and other traditional dairy products, while the 'New Age' business — Avvatar (sports nutrition/protein drinks) and Pride of Cows — is being built as a separate growth engine. In FY26, revenue crossed ₹3,800 crores with overall volume growth of 5% and core category volume growth of 8%, while the New Age business grew 91% year-on-year and contributed 10% of total revenue. Cheese manufacturing capacity is being expanded from 60 MT to 80 MT via brownfield, with FY27 capex guided at ₹60-70 crores. Raw milk is the primary input — milk procurement was at ₹42/litre in Q4 FY26, up 15% YoY — and materials account for 76.9% of revenue. Distribution is being widened into UP, Tamil Nadu, Karnataka and Kerala, while a Dubai subsidiary is on hold for 2-3 months due to geopolitical uncertainty.
Measured from the filed financials, judged against its Dairy Products peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from PARAG MILK FOODS LTD.'s filed financials and exchange disclosures
PARAG MILK FOODS LTD. is a Food Products company listed on NSE and BSE, trading under the symbol PARAGMILK.
Yes. Over the trailing twelve months PARAG MILK FOODS LTD. reported a net profit of ₹130 Cr on revenue of ₹3,911 Cr.
Yes. The dividend yield is 0.36% at the current price. It paid out 9% of its profit as dividend in FY26.
No. Debt stands at 0.43× equity, and it carries net debt of ₹537 Cr. That is lower than 36% of its 12 Dairy Products peers.
On trailing P/E, PARAG MILK FOODS LTD. ranks 9 of 12 in Dairy Products — cheaper than 27% of them, against an industry median of 19.7×. This is a position, not a valuation judgement.
On a typical session PARAG MILK FOODS LTD. moves 1.61% — that is the median absolute close-to-close move across its last 269 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by PARAG MILK FOODS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
