Parag Milk Food Ltd

539889

Summary

Fair Value Assessment
Undervalued (23% Discount)
Fair ValueQ208.46UncertaintyHigh
Close Price159.05Mar 11, 2025
Market Closed
153.50
Price Down by 5.55 | 3.49 %
Previous Close
159.05
Day Range
153.00 – 160.45
Year Range
135.10 – 236.75
Bid / Ask
Market Cap
18.3 Bil
Volume / Average
18.1 k / 57.4 k
Beta (5-Year)
1.22
Shares Outstanding
119.20 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Parag Milk Food Ltd is an India based company engaged in manufacturing, trading, and processing of milk and milk products. The products offered by the company are milk, cheese, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, whey protein powder, curd, and other related products. The company markets its products under the brands Gowardhan, Go, Topp up and PRIDE OF COWS. It sells its products in India, and also exports internationally, of which majority of the sales revenue is generated within India.
Contact
10th Floor Nirmal Building Nariman Point, Mumbai, MH 400021
T +91 2243005555
www.paragmilkfoods.com opens in a new tab
Sector
Consumer Defensive
Industry
Packaged Foods
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
1,772

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
32.43 30.78 28.54 20.43 17.94 24.01
Revenue Growth %
4.26% 7.85% 39.71% 13.85% -25.28% 7.38%
Gross Profit
7.89 7.05 5.42 -0.39 4.27 5.51
Gross Profit Margin %
24.33% 22.92% 18.99% -1.91% 23.79% 22.94%
Operating Income
1.93 1.59 1.04 -4.69 0.84 1.64
Operating Margin %
5.96% 5.17% 3.65% -22.96% 4.66% 6.81%
EBIT
1.93 1.58 1.03 -4.76 0.83 1.60
EBIT Margin %
5.96% 5.13% 3.59% -23.32% 4.65% 6.67%
EBITDA
2.58 2.18 1.60 -4.23 1.35 2.14
EBITDA Margin %
7.94% 7.09% 5.60% -20.69% 7.53% 8.91%
Net Income
1.02 0.91 0.53 -5.32 0.21 0.94
Net Profit Margin %
3.16% 2.94% 1.87% -26.07% 1.15% 3.90%
Basic EPS
8.60 7.71 5.07 -56.91 2.47 11.16
Diluted EPS
8.24 7.47 4.96 -56.91 2.46 11.14
Normalized EPS
Total Dividends per Share
0.50 0.50 0.50 1.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
19.66 18.91 16.68 13.95 16.83 16.85
Total Liabilities
10.04 9.79 8.60 8.41 7.54 7.74
Total Debt
6.48 6.45 6.06 5.34 3.84 4.03
Total Equity
9.62 9.12 8.08 5.54 9.28 9.11
Cash And Cash Equivalents
0.04 0.11 0.14 0.80 0.07 0.22
Working Capital
6.26 6.04 5.40 3.34 4.78 4.62
Shares Outstanding (Bil)
0.12 0.12 0.12 0.10 0.08
Book Value Per Share
75.62 67.62 56.81 110.49 108.45
Total Debt To Equity
0.67 0.71 0.75 0.96 0.41 0.44
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
1.42 0.99 0.56 -1.49 1.00 -0.66
Cash From Investing Activities
-0.58 -0.53 -0.90 -0.26 -0.47 -0.29
Cash From Financing Activities
-0.84 -0.49 4.39 2.48 -0.69 1.11
Capital Expenditures
0.61 0.87 0.36 0.44 0.32
Free Cash Flow
0.71 -1.68 -4.97 0.29 1.18
Change in Cash
0.01 -0.03 4.05 0.73 -0.15 0.15

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Pritam Prakash Shah (54) Director, Managing Director and Interim Chief Executive Officer
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
DFA Emerging Markets Core Equity I 0.20 0.00 234,425
Jan 31, 2025
DFA Emerging Markets Small Cap I 0.12 0.01 140,518
Jan 31, 2025
DFA Emerging Markets Value I 0.07 0.00 84,140
Jan 31, 2025
SPDR® S&P Emerging Markets Small Cap ETF 0.04 0.01 51,064
Feb 28, 2025
Dimensional Emerging Markets Cr Eq 2 ETF Not Rated 0.04 0.00 44,850
Feb 28, 2025
Total (for Top 5) 0.47 554,997

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