Parag Milk Foods Ltd Share Price – NSE  / BSE

FMCG, Small Cap

Parag Milk Foods under its sports nutrition brand Avvatar, has announced its entry into India's fast-growing ready-to-drink (RTD) protein beverage segment through a strategic partnership with Tetra Pak. The company has launched Avvatar Protein Cold Coffee, protein cold coffee in India's first Tetra Prisma? Aseptic 250E pack, combining convenience, nutrition, and taste in an on-the-go format that fits seamlessly into consumer daily routines. Priced at Rs 120, the beverage strengthens Avvatar's portfolio beyond traditional sports nutrition into everyday functional consumption.

The launch comes at a time when India's whey protein-based products market is witnessing significant growth. Despite growing awareness around nutrition, nearly 73% of Indians remain protein deficient, creating a significant opportunity for convenient, everyday protein formats.

Avvatar Protein Cold Coffee has been developed to bridge this gap by integrating protein into one of India's most familiar daily habits-coffee. The ready-to-drink beverage delivers 15g protein in a 250 ml pack, with no added sugar or artificial sweeteners. Available in Classic and Vanilla variants, the coffee beverage is based on milk protein with no added sugar and no artificial sweeteners offering a balance between indulgence and functional nutrition.

While EBITDA improved by 4% YoY to Rs 78 crore, EBITDA margin rose by 10 basis points YoY to 8.3% in Q4 FY26.

Profit before tax in Q4 FY26 stood at Rs 40 crore, up by 23% from Rs 33 crore in Q4 FY25.

For FY26, the company has recorded consolidated net profit and revenue from operations of Rs 135 crore (up 14% YoY) and Rs 3,818 crore (up 11% YoY), respectively.

Akshali Shah, executive director, PMFL said: FY26 has been a meaningful year for Parag Milk Foods with overall topline growth of 11% and bottom line growth of 19% before exceptional items.

The year also unfolded New age business growth 91% with quarterly revenues inching up to 100 crore.

Our performance reflects the benefits of focused execution across portfolio premiumisation, calibrated pricing, and cost discipline, while combating hyper inflation in commodity prices.?

Parag Milk Foods is the largest private dairy FMCG Company with a Pan India presence.

The scrip fell 3.32% to currently trade at Rs 223 on the BSE.

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Parag Milk Foods announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the final dividend of Rs 1.1 per equity Share (i.e. 11%) , subject to the approval of the shareholders.

Net profit of Parag Milk Foods rose 23.01% to Rs 32.24 crore in the quarter ended March 2026 as against Rs 26.21 crore during the previous quarter ended March 2025. Sales rose 2.95% to Rs 945.34 crore in the quarter ended March 2026 as against Rs 918.25 crore during the previous quarter ended March 2025.

For the full year,net profit rose 13.69% to Rs 135.05 crore in the year ended March 2026 as against Rs 118.79 crore during the previous year ended March 2025. Sales rose 11.23% to Rs 3817.50 crore in the year ended March 2026 as against Rs 3432.21 crore during the previous year ended March 2025.

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