Parag Milk Foods Limited (PARAGMILK) fundamentals

Parag Milk Foods Limited is a listed company in Food Products, part of the Fast Moving Consumer Goods sector, listed on the NSE as PARAGMILK (ISIN INE883N01014). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Parag Milk Foods Limited does

Parag Milk Foods Limited is an India-based dairy fast-moving consumer goods (FMCG) company. The Company is engaged in the business of procurement of cow milk mainly in the western and southern regions. It undertakes the processing of milk and the manufacture of various products, namely cheese, butter, ghee, milk powder, flavored milk, lassi, curd, and others. Its brands include Gowardhan, under which it offers ghee, milk, paneer, dahi, curd, butter, dairy whitener and gulab jamun mix; Go, under which it offers processed and natural cheeses, cheese spreads, beverages, and other dairy delights; Pride of Cows, under which ghee, paneer, and curd are sold; Topp Up, which is a flavored milk with extra proteins, and Avvatar, which is a nutrition brand, offers vegetarian whey protein. Its manufacturing facilities are located at Maharashtra, Andhra Pradesh, and Haryana. Its subsidiary is Bhagyalaxmi Dairy Farms Private Limited.

Valuation and market data

Last close₹245.80
Market capitalisation₹3,001 crore
Enterprise value₹3,243 crore
P/E (TTM)22.22
Price to book2.38
Price to sales (TTM)0.44
Book value per share₹103.07
Dividend yield44.75%
SectorFast Moving Consumer Goods
IndustryFood Products
Listed sinceThu May 19

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹3,871 crore₹152 crore₹135 crore11.06
Mar 2025₹3,472 crore₹133 crore₹119 crore9.97
Mar 2024₹3,164 crore₹86 crore₹91 crore7.71
Mar 2023₹2,938 crore₹51 crore₹53 crore5.07
Mar 2022₹2,093 crore₹-522 crore₹-532 crore-56.91

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Sep 2026:

Promoters40.5%
Foreign institutions (FII)7.6%
Mutual funds0.0%
Other domestic institutions2.9%
Retail and others49.0%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.