Parag Milk Foods Ltd

Net profit of Parag Milk Foods rose 56.28% to Rs 45.65 crore in the quarter ended September 2025 as against Rs 29.21 crore during the previous quarter ended September 2024. Sales rose 15.68% to Rs 1007.95 crore in the quarter ended September 2025 as against Rs 871.31 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1007.95871.31 16 OPM %7.077.97 - PBDT69.2453.69 29 PBT50.4935.57 42 NP45.6529.21 56 Powered by Capital Market - Live

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 11 November 2025.Powered by Capital Market - Live

Parag Milk Foods has allotted 57,33,713 fully paid-up equity shares on conversion of Foreign Currency Convertible Bonds (FCCBs) on 29 September 2025. With this allotment, the paid up equity share capital has increased to 12,51,09,554 equity shares of Rs 10 each. Meanwhile, the outstanding FCCBs stand reduced to NIL. Powered by Capital Market - Live

Parag Milk Foods announced that the Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

Revenue from operation rose by 12.34% year-over-year (YoY) to Rs 851.52 crore during the period under review. Earnings before interest, tax, depreciation, and amortization (EBITDA) grew 6% year-on-year to Rs 66 crore in Q1 FY26, up from Rs 62 crore in Q1 FY25. However, the EBITDA margin declined slightly to 7.7% in Q1 FY26 from 8.1% in the same quarter of the previous year. Profit before tax in Q1 FY26 stood at Rs 29.18 crore, up by 8.83% from Rs 26.81 crore posted in Q1 FY25. Parag Milk highlighted that the business achieved 5% volume growth YoY in Q1, driven by robust performance in core categories like ghee, cheese, and paneer, which together witnessed a 9% volume growth. The company stated that its flagship product Gowardhan Ghee holds a 22% market share in the branded cow ghee segment, while Go Cheese commands a 35% share in the cheese category. The company also navigated volatility in raw material prices during the quarter. Average milk prices rose 18% YoY to Rs 37 per liter but remained stable quarter-on-quarter (QoQ). The company handled an average of 16.5 lakh liters of milk per day, a 10% increase QoQ. Despite fluctuations in milk costs, the company has been able to pass on the commodity prices with EBITDA growth of 6% YoY. Gross profit margins remained steady at 27.4% in Q1 FY26 compared to 27.5% in Q1 FY25 and showed sequential improvement from 25.1% in Q4 FY25. This was driven by an improved product mix and the ability of the company's brands to command a price premium over competitors. The company's new-age businesses, including Pride of Cows and Avvatar, continued their momentum, recording a robust 57% value growth YoY and now constituting 9% of the overall business compared to 6% last year. The Avvatar brand grew eightfold over the past three first quarters, aided by positive response to its recently launched protein wafer bar. Pride of Cows achieved a remarkable 36% value growth in the premium dairy segment, supported by new product launches and expanded reach through quick commerce platforms. The brand's 'What's the Source?' campaign focused on milk authenticity and traceability, reinforcing consumer trust and strengthening its leadership in the premium dairy category. Parag Milk Foods also undertook a comprehensive 360-degree marketing strategy to strengthen brand visibility. The company engaged regional audiences through popular television shows like Sony Marathi's Maharashtrachi Hasya Jatra and gained national attention during the Zee Cine Awards with campaigns emphasizing the 'cheesy quotient' among celebrities. Digital marketing efforts, including influencer collaborations on social media, further amplified its reach, while in-shop branding across general trade and modern trade outlets helped garner notable eyeballs among consumers across the country. Devendra Shah, Chairman, PMFL, said, 'Q1FY26 has set a promising tone for PMFL as we begin the new financial year. Delivering our highest-ever first-quarter revenue reflects our strategic focus and disciplined execution. Our value-added product portfolio and purpose-led marketing are deepening consumer trust and supporting long-term value creation. At the core of our success lies a deep commitment to backward and forward integration. Our strong relationships with farmers empower us to maintain timely procurement and high quality of milk. We have handled an average of around 16.5 lakh liters of milk per day during Q1, which is 10% higher over the immediate last quarter. Our brands are not only rooted in tradition'celebrating the authenticity of Indian dairy'but are also evolving to meet the aspirations of health-conscious households. We continue to deliver nutrition-rich, trustworthy products across the globe. As the festive season approaches, we are energized by the growing momentum. Festivities in India are deeply cultural and emotionally rooted ' and so are we. Our growing portfolio of value-added products, including traditional sweets, ghee, and cheese, is well-positioned to meet the festive demand, powered by consumer trust and brand love.' Parag Milk Foods is the largest private dairy FMCG company with a pan-India presence. The company's manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra and Palamaner in Andhra Pradesh. The scrip dropped 4.93% to Rs 241.10 on the BSE. Powered by Capital Market - Live

Net profit of Parag Milk Foods rose 1.03% to Rs 27.58 crore in the quarter ended June 2025 as against Rs 27.30 crore during the previous quarter ended June 2024. Sales rose 12.35% to Rs 851.52 crore in the quarter ended June 2025 as against Rs 757.93 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales851.52757.93 12 OPM %6.807.41 - PBDT45.5042.45 7 PBT29.1826.81 9 NP27.5827.30 1 Powered by Capital Market - Live

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 21 July 2025.Powered by Capital Market - Live

Parag Milk Foods announced that Narendra Ambwani (DIN: 00236658) and Radhika Dudhat (DIN: 00016712) will cease to be the Independent Directors of the Company due to completion of their term of appointment of 10 (Ten) consecutive years with effect from 25 May 2025 and consequently will also cease to be the Member/ Chairperson, if any, of the Committee(s) of the Board.Powered by Capital Market - Live

Revenue rose by 16% year-over-year (YoY) to Rs 918 crore during the period under review. EBITDA improved by 69% to Rs 75 crore in Q4 FY25 from Rs 45 crore in Q4 FY24. EBITDA margin was 8.2% in Q4 FY25 as against 5.6% in Q4 FY24. Profit before tax in Q4 FY25 stood at Rs 33 crore, up by 141% from Rs 14 crore posted in Q4 FY24. For FY25, Parag Milk has recorded a net profit of Rs 119 crore (up 31% YoY) and revenue of Rs 3,432 crore (up 9% YoY). Cash flow from operations generated in FY25 was Rs 212 crore. Parag Milk said that the business has witnessed strong volume growth of 10% during FY25 YoY aided by healthy volume growth in its core categories. The core categories of mainly ghee, cheese and paneer have witnessed a volume growth of 18% for Q4 FY25 and 17% for FY25. As per the latest IMARC report 2024; the flagship brand Gowardhan Ghee commands an 22% market share in the branded cow ghee segment (No. 1 position), while the brand 'Go Cheese' commands 35% market share in the Cheese category (No. 2 position). The average milk prices during Q4 FY25 were at Rs 37 per litre; up 12% YoY, and FY25 milk prices were at Rs 34 per litre; almost at par YoY while the company handled and average of nearly 15 lac liters of milk per day. Despite volatility in milk prices during the period, the company has improved its gross margins. Gross profit margins (GPM) expanded by 130 basis points YoY during FY25 to 25.8% as against 24.5% in FY24, led by improved product mix and the ability of its brands to pass on the input cost increase and command a price premium vs competition. On 03 April 2025, Parag Milk Foods had recently announced the raising of Rs 161 crore through the issuance of convertible warrants on a preferential basis. The capital will be utilized to optimize debt, strengthen working capital and drive growth initiatives. The development underscores robust investor confidence and reinforces Parag Milk Foods' commitment to expanding its leadership in the dairy FMCG space. Devendra Shah, chairman of Parag Milk Foods, said: 'Our performance in FY25 marks a pivotal milestone in Parag Milk Foods' journey towards building a future-ready, sustainable, and profitable business. Delivering the highest-ever revenues back-to-back in multiple quarters, coupled with strong operating cash flows and improved profitability, is a result of our disciplined execution and long-term vision. We have stayed committed to innovation, brand building, and operational excellence, while ensuring agility in a dynamic environment. Our investments in expanding distribution, product diversification, and impact-led marketing are not just building brand equity but creating enduring value. We have strengthened governance by adopting leading best practises together with excellence in business processes to transform the organisation from promoter driven to professional management. Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company's manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana. Powered by Capital Market - Live

Dhunseri Investments Ltd, Universal Cables Ltd, Liberty Shoes Ltd and Eurotex Industries and Exports Ltd are among the other gainers in the BSE's 'B' group today, 05 May 2025.Parag Milk Foods Ltd soared 13.40% to Rs 206.55 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3.76 lakh shares were traded on the counter so far as against the average daily volumes of 57218 shares in the past one month. Dhunseri Investments Ltd spiked 11.81% to Rs 1608.45. The stock was the second biggest gainer in 'B' group. On the BSE, 1256 shares were traded on the counter so far as against the average daily volumes of 267 shares in the past one month. Universal Cables Ltd surged 11.81% to Rs 482. The stock was the third biggest gainer in 'B' group. On the BSE, 7169 shares were traded on the counter so far as against the average daily volumes of 3187 shares in the past one month. Liberty Shoes Ltd spurt 10.97% to Rs 427.05. The stock was the fourth biggest gainer in 'B' group. On the BSE, 22851 shares were traded on the counter so far as against the average daily volumes of 8268 shares in the past one month. Eurotex Industries and Exports Ltd advanced 10.00% to Rs 13.86. The stock was the fifth biggest gainer in 'B' group. On the BSE, 113 shares were traded on the counter so far as against the average daily volumes of 1715 shares in the past one month. Powered by Capital Market - Live