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Parag Milk Foods

  • Market Cap: Small Cap
  • Industry: FMCG
  • ISIN: INE883N01014
  • NSEID: PARAGMILK
  • BSEID: 539889
INR
184.55
6.05 (3.39%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 7.95 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

7.95 lacs (-26.41%) Volume

Shareholding (Dec 2024)

FII

8.20%

Held by 37 FIIs

DII

7.07%

Held by 2 DIIs

Promoter

42.61%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.73%

  • Poor long term growth as Net Sales has grown by an annual rate of 5.11% and Operating profit at 0.63% over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -0.26
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Falling Participation by Institutional Investors

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

FMCG

stock-summary
Market cap

INR 2,203 Cr (Small Cap)

stock-summary
P/E

21.00

stock-summary
Industry P/E

54

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.68

stock-summary
Return on Equity

11.02%

stock-summary
Price to Book

2.34

Revenue and Profits (1 Year):
Net Sales:
885 Cr
(Quarterly Results - Dec 2024)
Net Profit:
36 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-18.86%
0%
-18.86%
1 Year
-13.9%
0%
-13.9%
2 Years
123.43%
0%
123.43%
3 Years
71.28%
0%
71.28%
4 Years
57.94%
0.34%
58.28%
5 Years
135.1%
1.17%
136.27%

Latest dividend: 0.5 per share ex-dividend date: Sep-07-2021

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
5.11%
EBIT Growth (5y)
0.63%
EBIT to Interest (avg)
-0.26
Debt to EBITDA (avg)
1.97
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.84
Tax Ratio
9.84%
Dividend Payout Ratio
65.80%
Pledged Shares
0
Institutional Holding
15.26%
ROCE (avg)
-2.11%
ROE (avg)
5.97%
Valuation key factors
Factor
Value
P/E Ratio
21
Industry P/E
54
Price to Book Value
2.34
EV to EBIT
16.09
EV to EBITDA
11.68
EV to Capital Employed
1.80
EV to Sales
0.83
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.63%
ROE (Latest)
11.02%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 37 FIIs (8.2%)

Promoter with highest holding

Devendra Prakash Shah (16.93%)

Highest Public shareholder

Sixth Sense India Opportunities Iii (6.84%)

Individual Investors Holdings

29.38%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 10.47% vs 8.83% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 5.59% vs 268.90% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "884.72",
          "val2": "800.84",
          "chgp": "10.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "73.47",
          "val2": "64.62",
          "chgp": "13.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "25.76",
          "val2": "22.28",
          "chgp": "15.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "36.07",
          "val2": "34.16",
          "chgp": "5.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.30%",
          "val2": "8.07%",
          "chgp": "0.23%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 5.27% vs 14.16% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 21.24% vs 115.39% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,629.24",
          "val2": "1,547.74",
          "chgp": "5.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "125.01",
          "val2": "93.15",
          "chgp": "34.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "41.51",
          "val2": "35.07",
          "chgp": "18.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "56.51",
          "val2": "46.61",
          "chgp": "21.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.67%",
          "val2": "6.02%",
          "chgp": "1.65%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 7.04% vs 12.28% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 14.62% vs 161.39% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,513.96",
          "val2": "2,348.58",
          "chgp": "7.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "198.48",
          "val2": "157.77",
          "chgp": "25.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "67.27",
          "val2": "57.35",
          "chgp": "17.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "92.58",
          "val2": "80.77",
          "chgp": "14.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.90%",
          "val2": "6.72%",
          "chgp": "1.18%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 8.51% vs 39.62% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 70.12% vs 110.00% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,138.70",
          "val2": "2,892.62",
          "chgp": "8.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "199.98",
          "val2": "118.34",
          "chgp": "68.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "79.08",
          "val2": "55.16",
          "chgp": "43.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "90.59",
          "val2": "53.25",
          "chgp": "70.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.37%",
          "val2": "4.09%",
          "chgp": "2.28%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
884.72
800.84
10.47%
Operating Profit (PBDIT) excl Other Income
73.47
64.62
13.70%
Interest
25.76
22.28
15.62%
Exceptional Items
0.00
0.00
Consolidate Net Profit
36.07
34.16
5.59%
Operating Profit Margin (Excl OI)
8.30%
8.07%
0.23%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 10.47% vs 8.83% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 5.59% vs 268.90% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,629.24
1,547.74
5.27%
Operating Profit (PBDIT) excl Other Income
125.01
93.15
34.20%
Interest
41.51
35.07
18.36%
Exceptional Items
0.00
0.00
Consolidate Net Profit
56.51
46.61
21.24%
Operating Profit Margin (Excl OI)
7.67%
6.02%
1.65%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 5.27% vs 14.16% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 21.24% vs 115.39% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,513.96
2,348.58
7.04%
Operating Profit (PBDIT) excl Other Income
198.48
157.77
25.80%
Interest
67.27
57.35
17.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
92.58
80.77
14.62%
Operating Profit Margin (Excl OI)
7.90%
6.72%
1.18%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 7.04% vs 12.28% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 14.62% vs 161.39% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
3,138.70
2,892.62
8.51%
Operating Profit (PBDIT) excl Other Income
199.98
118.34
68.99%
Interest
79.08
55.16
43.36%
Exceptional Items
0.00
0.00
Consolidate Net Profit
90.59
53.25
70.12%
Operating Profit Margin (Excl OI)
6.37%
4.09%
2.28%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 8.51% vs 39.62% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 70.12% vs 110.00% in Mar 2023

stock-summaryCompany CV
About Parag Milk Foods Ltd stock-summary
stock-summary
Parag Milk Foods Ltd
Small Cap
FMCG
Parag Milk Foods Limited was incorporated as Parag Milk & Milk Products Private Limited on December 29, 1992 with the Registrar of Companies at Mumbai as a Private Limited Company. The name of the Company was changed to Parag Milk Foods Private Limited and a fresh Certificate of Incorporation upon change of name was granted by the RoC on April 11, 2008.
Company Coordinates stock-summary
Company Details
F No 1 P No 19 Nav Rajastan So, S B Road Shivaji Nagar Pune Maharashtra : 411016
stock-summary
Tel: 91-20-4300555/25674761/62/63
stock-summary
cs@paragmilkfoods.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad