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Parag Milk Foods Ltd

PARAGMILK

Parag Milk Foods Ltd

PARAGMILK
Consumer StaplesFMCG - Foods
SmallcapWith a market cap of ₹2,541 cr, stock is ranked 1,032
High RiskStock is 3.44x as volatile as Nifty
213.253.22% (-7.10)
213.253.22% (-7.10)

Price Chart

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Consumer StaplesFMCG - Foods
SmallcapWith a market cap of ₹2,541 cr, stock is ranked 1,032
High RiskStock is 3.44x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer StaplesFMCG - Foods
SmallcapWith a market cap of ₹2,541 cr, stock is ranked 1,032
High RiskStock is 3.44x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
26.352.792.34%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
52.3510.401.44%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Parag Milk Foods Limited, formerly Parag Milk Foods Private Limited, is engaged in manufacturing and marketing of dairy-based branded foods.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 5.63%, vs industry avg of 9.58%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 2.84% to 2.39%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -5.58%, vs industry avg of 11.11%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,646.751,743.631,966.512,405.922,445.521,855.272,092.792,937.783,163.913,171.65
Raw Materialssubtract1,265.141,305.481,221.101,503.921,988.161,304.271,703.692,166.652,197.552,936.39
Power & Fuel Costsubtract41.6047.3751.3033.4235.8038.1339.0446.8151.44
Employee Costsubtract67.1366.8973.5294.9996.1078.2083.6698.06116.45
Selling & Administrative Expensessubtract82.38184.46113.79174.80121.0989.52112.92138.72222.43
Operating & Other expensessubtract40.7558.29301.51365.04-14.33209.12570.23322.48353.28
Depreciation/Amortizationsubtract33.3948.9650.6050.1953.6448.6353.7457.2860.2561.13
Interest & Other Itemssubtract49.5733.3135.7335.7938.1046.6851.5856.7376.6576.64
Taxes & Other Itemssubtract19.47-5.8731.9027.0733.2720.0210.44-2.19-4.731.02
EPS8.000.6110.3814.3811.162.47-59.455.017.668.09
DPS0.000.500.751.000.500.500.000.005.000.00
Payout ratio0.000.810.070.070.040.200.000.000.650.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Jun 14PDF
Feb 5PDF
Nov 9PDF
FY 2022

Annual report

PDF

Investor Presentation

Feb 7PDF
Nov 2PDF
Jul 29PDF
FY 2023

Annual report

PDF

Investor Presentation

May 2PDF
Jan 25PDF
Nov 17PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 8PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer StaplesFMCG - Foods

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Parag Milk Foods Ltd28.062.792.34%
Nestle India Ltd56.2866.251.40%
Britannia Industries Ltd64.6934.901.28%
Adani Wilmar Ltd293.045.21—

Price Comparison

Compare PARAGMILK with any stock or ETF
Compare PARAGMILK with any stock or ETF
PARAGMILK
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 16.96%

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.57%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding42.61%0.03%7.09%10.08%40.19%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep8.76%8.75%8.83%8.95%8.51%10.08%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 1 Mutual Funds holding Parag Milk Foods Ltd


Funds (Top 1)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Taurus Mid Cap Fund - Growth - Direct Plan

Growth
0.0000%0.00%-0.56%50/72 (-4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 4, 2024

Final
Final | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Sep 4, 2024

Cash Dividend

Ex DateEx DateSep 7, 2021

Final
Final | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Sep 7, 2021

Cash Dividend

Ex DateEx DateSep 21, 2020

Final
Final | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Sep 21, 2020

Cash Dividend

Ex DateEx DateSep 20, 2019

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Sep 20, 2019

Cash Dividend

Ex DateEx DateSep 11, 2018

Final
Final | Div/Share: ₹0.75

Dividend/Share

₹0.75

Ex DateEx Date

Sep 11, 2018

News & Opinions
Corporate
Parag Milk Foods announces board meeting date

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
Parag Milk Foods to convene AGM

Parag Milk Foods announced that the Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Parag Milk Foods schedules AGM

Parag Milk Foods announced that the Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live

Parag Milk posts 27% YoY jump in Q1 PAT; EBITDA at Rs 61 crore

3 months agoBusiness Standard
Spotlight
Parag Milk posts 27% YoY jump in Q1 PAT; EBITDA at Rs 61 crore

The company said that its business has witnessed strong double digit volume growth of 10% YoY aided by healthy volume growth in its core categories. The Ghee, Cheese and the New age businesses have witnessed volume growth of 15%, 12% and 51%YoY respectively. As per the latest IMARC report 2024; the flagship brand Gowardhan Ghee commands an improved 22% market share in the branded cow ghee segment, while the brand 'Go Cheese' sustained its 35% market share in the Cheese category. The average milk prices during Q1 FY25 were at Rs 31 per litre; down 16% YoY, while the company handled nearly 15.5 lac liters of milk per day. Gross Profit Margin (GPM) expanded by 550 basis points YoY during Q1 FY25 to 26.9% as against 21.4% in Q1FY24, led by benign milk prices and improved value-added product mix. EBITDA improved by 27% in the first quarter to Rs 61 crore from Rs 48 crore recorded in the same period last year. EBITDA margin in Q1 FY25 was 8.1% as against 6.5% in Q1 FY24. Profit before tax in Q1 FY25 stood at Rs 27 crore, up by 77% from Rs 15 crore posted in Q1 FY24. Devendra Shah, chairman of Parag Milk Foods, said: 'I am elated to share that, we have delivered double digit volume growth across our Core Categories during the quarter, reflecting our brand strength and enhanced consumer reach. The company focuses on product innovation leveraging its strong R&D capabilities. The foray into the traditional sweets category with brand 'Gowardhan' is being well received and is expected to witness a full launch during the festivities. The company continues to strengthen its building blocks and is well poised to grow exponentially towards achieving Rs 10,000 crore turnover target. Parag Milk Foods is a leading manufacturer and marketer of dairy-based branded products in India. The company's manufacturing facilities are located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana. The scrip shed 0.34% to currently trade at Rs 204.05 on the BSE. Powered by Capital Market - Live

3 months agoCapital Market - Live

Parag Milk Foods consolidated net profit rises 27.51% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
Parag Milk Foods consolidated net profit rises 27.51% in the June 2024 quarter

Net profit of Parag Milk Foods rose 27.51% to Rs 27.30 crore in the quarter ended June 2024 as against Rs 21.41 crore during the previous quarter ended June 2023. Sales rose 1.11% to Rs 757.93 crore in the quarter ended June 2024 as against Rs 749.59 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales757.93749.59 1 OPM %7.365.38 - PBDT42.4529.94 42 PBT26.8115.17 77 NP27.3021.41 28 Powered by Capital Market - Live

3 months agoCapital Market - Live

Q1 results today: HUL, Bajaj Finance among 34 companies to announce earnings on Tuesday

3 months agoEconomic Times

Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr

3 months agoBusiness Standard
Corporate
Parag Milk Foods announces board meeting date

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 23 July 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live