Parag Milk Foods Ltd Share Price – NSE /  BSE

FMCG, Small Cap

Net profit of Parag Milk Foods rose 5.59% to Rs 36.07 crore in the quarter ended December 2024 as against Rs 34.16 crore during the previous quarter ended December 2023. Sales rose 10.47% to Rs 884.72 crore in the quarter ended December 2024 as against Rs 800.84 crore during the previous quarter ended December 2023.

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EBITDA imporved by 13% to Rs 79 crore in the third quarter from Rs 70 crore in the same period last year.

Profit before tax in Q3 FY25 stood at Rs 38 crore, up by 15% from Rs 33 crore in Q3 FY24.

Parag Milk Foods stated that the business has witnessed a double-digit volume growth of 11% YoY aided by healthy volume growth in its core categories. The Core categories mainly ghee, cheese and paneer have witnessed volume growth of 15% for Q3 FY25.

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 Q3 FY25 were at Rs 34 per litre (up 4% YoY). The company handled approximately 15 lakh litres of milk per day.

Devendra Shah, chairman of Parag Milk Foods, said: Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs.

Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company’s manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana.

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Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 30 January 2025.

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EBITDA imporved by 13% to Rs 79 crore in the third quarter from Rs 70 crore in the same period last year.

Profit before tax in Q3 FY25 stood at Rs 38 crore, up by 15% from Rs 33 crore in Q3 FY24.

Parag Milk Foods stated that the business has witnessed a double-digit volume growth of 11% YoY aided by healthy volume growth in its core categories. The Core categories mainly ghee, cheese and paneer have witnessed volume growth of 15% for Q3 FY25.

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 Q3 FY25 were at Rs 34 per litre (up 4% YoY). The company handled approximately 15 lakh litres of milk per day.

Devendra Shah, chairman of Parag Milk Foods, said: Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs.

Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company’s manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana.

Powered by Capital Market - Live News

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 30 January 2025.

Powered by Capital Market - Live News

EBITDA improved by 24.8% to Rs 76.3 crore in the second quarter from Rs 61.1 crore recorded in the same period last year. EBITDA margin was 8.8% in Q2 FY25 as against 7.7% in Q2 FY24.

Profit before tax in Q2 FY25 stood at Rs 35.6 crore, up by 45.8% from Rs 24.4 crore in Q2 FY24.

Parag Milk stated that the business has witnessed a strong double digit volume growth of 11% YoY aided by healthy volume growth in its core categories. The Core categories, mainly Ghee, Cheese and Paneer have witnessed volume growth of 17% for Q2FY25 and 18% for H1FY25.

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 Q2 FY25 were at Rs 33 per litre (down 8% YoY), and H1 FY25 milk prices were at Rs 32 per litre (down 13% YoY) while the company handled approximately 15 lakh liters of milk per day.

Devendra Shah, chairman of Parag Milk Foods, said: “As we continue to expand Parag Milk Foods' reach and impact, our focus remains steadfast on delivering top quality, innovative products that cater to evolving consumer needs. We are happy to announce that this quarter, we have achieved our highest ever sales, reaching Rs 871 crore in revenue.

Our recent launch of Gowardhan sweets reinforces our commitment to purity. Made with Gowardhan Ghee and cow milk it offers an authentic and wholesome choice in a market increasingly plagued by adulteration concerns. Gowardhan Ghee continues to be a market leader with 22% share in the branded cow ghee segment.

Newer business segments, Avvatar and Pride of Cows, are also gaining strong traction. With a robust pipeline for new product developments, I am confident that our deep-rooted commitment to provide customer centric products will propel us towards our ambitious INR 10,000 crore target and beyond.”

Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company’s manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana.

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Net profit of Parag Milk Foods rose 5.59% to Rs 36.07 crore in the quarter ended December 2024 as against Rs 34.16 crore during the previous quarter ended December 2023. Sales rose 10.47% to Rs 884.72 crore in the quarter ended December 2024 as against Rs 800.84 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

EBITDA imporved by 13% to Rs 79 crore in the third quarter from Rs 70 crore in the same period last year.

Profit before tax in Q3 FY25 stood at Rs 38 crore, up by 15% from Rs 33 crore in Q3 FY24.

Parag Milk Foods stated that the business has witnessed a double-digit volume growth of 11% YoY aided by healthy volume growth in its core categories. The Core categories mainly ghee, cheese and paneer have witnessed volume growth of 15% for Q3 FY25.

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 Q3 FY25 were at Rs 34 per litre (up 4% YoY). The company handled approximately 15 lakh litres of milk per day.

Devendra Shah, chairman of Parag Milk Foods, said: Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs.

Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company’s manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana.

Powered by Capital Market - Live News

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 30 January 2025.

Powered by Capital Market - Live News

EBITDA imporved by 13% to Rs 79 crore in the third quarter from Rs 70 crore in the same period last year.

Profit before tax in Q3 FY25 stood at Rs 38 crore, up by 15% from Rs 33 crore in Q3 FY24.

Parag Milk Foods stated that the business has witnessed a double-digit volume growth of 11% YoY aided by healthy volume growth in its core categories. The Core categories mainly ghee, cheese and paneer have witnessed volume growth of 15% for Q3 FY25.

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 Q3 FY25 were at Rs 34 per litre (up 4% YoY). The company handled approximately 15 lakh litres of milk per day.

Devendra Shah, chairman of Parag Milk Foods, said: Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs.

Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company’s manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana.

Powered by Capital Market - Live News

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 30 January 2025.

Powered by Capital Market - Live News

EBITDA improved by 24.8% to Rs 76.3 crore in the second quarter from Rs 61.1 crore recorded in the same period last year. EBITDA margin was 8.8% in Q2 FY25 as against 7.7% in Q2 FY24.

Profit before tax in Q2 FY25 stood at Rs 35.6 crore, up by 45.8% from Rs 24.4 crore in Q2 FY24.

Parag Milk stated that the business has witnessed a strong double digit volume growth of 11% YoY aided by healthy volume growth in its core categories. The Core categories, mainly Ghee, Cheese and Paneer have witnessed volume growth of 17% for Q2FY25 and 18% for H1FY25.

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 Q2 FY25 were at Rs 33 per litre (down 8% YoY), and H1 FY25 milk prices were at Rs 32 per litre (down 13% YoY) while the company handled approximately 15 lakh liters of milk per day.

Devendra Shah, chairman of Parag Milk Foods, said: “As we continue to expand Parag Milk Foods' reach and impact, our focus remains steadfast on delivering top quality, innovative products that cater to evolving consumer needs. We are happy to announce that this quarter, we have achieved our highest ever sales, reaching Rs 871 crore in revenue.

Our recent launch of Gowardhan sweets reinforces our commitment to purity. Made with Gowardhan Ghee and cow milk it offers an authentic and wholesome choice in a market increasingly plagued by adulteration concerns. Gowardhan Ghee continues to be a market leader with 22% share in the branded cow ghee segment.

Newer business segments, Avvatar and Pride of Cows, are also gaining strong traction. With a robust pipeline for new product developments, I am confident that our deep-rooted commitment to provide customer centric products will propel us towards our ambitious INR 10,000 crore target and beyond.”

Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company’s manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana.

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