Parag Milk Foods Ltd Stock Price Today (NSE: PARAGMILK)

Parag Milk Foods Ltd

226.394.10 (1.78%)
Market Closed

Fundamental Score

...

Parag Milk Foods Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Parag Milk Foods Ltd share price today is 226.39, down 1.78% on NSE/BSE as of 17 June 2026. Parag Milk Foods Ltd (PARAGMILK) is a Small-cap company in the Dairy Products sector with a market capitalisation of 4.18K (Cr). The 52-week high for PARAGMILK share price is 376.95 and the 52-week low is 177.84. At a P/E ratio of 30.85x, PARAGMILK is currently trading above its industry average P/E of 28.93x. The company has a Return on Equity (ROE) of 12.34% and a debt-to-equity ratio of 0.45.

Parag Milk Foods Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
233.63
Low
206.80
Volume
5.7L
Change
-7.62%

Parag Milk Foods Ltd share price chart: -7.62% return over the past month. 52-week high ₹376.95, 52-week low ₹177.84.

Parag Milk Foods Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
225.00242.20222.64241.0821.62L (Cr)
224.98227.50221.00224.646.92L (Cr)
214.50224.95213.40222.3112.36L (Cr)
213.60213.60213.60213.600.00 (Cr)
211.27217.50211.00213.603.97L (Cr)
211.90217.54210.30211.275.56L (Cr)
211.40214.40210.21211.273.69L (Cr)
210.00213.27206.80210.214.36L (Cr)
213.49215.04209.10210.063.28L (Cr)
213.41214.00210.01211.543.03L (Cr)

Parag Milk Foods Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
224.98242.20221.00241.08+7.16%
224.24233.00206.80222.31-0.86%
187.84236.22184.49224.24+19.38%
193.00210.70177.84179.86-6.81%
243.30265.00187.60202.45-16.79%
290.05307.30244.30253.15-12.72%
332.95340.90278.05290.45-12.76%
312.00376.95309.00332.25+6.49%
261.10324.45258.80311.55+19.32%
226.10316.40226.10259.67+14.85%
245.52251.95211.60226.78-7.63%
222.80261.20221.00245.94+10.39%

AI Research Briefing

Powered by Gemini · 2026-04-09

Premiumization or bust: Parag Milk's small-cap status and negative FCF make it a risky bet on value-added dairy.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSE3M: 35.91%, 6M: 58.18%. Recent positive momentum.P/E of 30.85x vs Industry P/E of 28.93x. Fairly valued.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Parag Milk Foods enforced a trading window closure for employees starting April 1, 2026, ahead of FY26 results. MarketsMojo upgraded the stock from 'Strong Sell' to 'Sell' based on technical improvements, but flagged fundamental challenges.

CORE STORY (THE REAL GAME)

Parag Milk is trying to transform from a milk supplier to a value-added dairy product player. The market is watching if they can execute the premiumization strategy while managing commodity cost pressures.

Why Now
  • Trading window closure ahead of FY26 results
  • Upgrade to 'Sell' based on technicals, but fundamentals remain weak
  • Focus on value-added products to improve margins
Potential Catalysts
  • Successful launch of new premium products
  • Significant reduction in debt
  • Turnaround in free cash flow
Key Risks
  • Small-cap: liquidity risk
  • Negative free cash flow of ₹-190.79 Cr
  • Q3 FY26 net profit declined 18% YoY
Institutional Activity

FII increased stake by 0.68%, DII decreased stake by 0.25%. Mixed signals.

Macro Context

Tighter milk supply and rising procurement costs pose a headwind.

Cash Flow Quality

No, Free Cash Flow 5Y: ₹-190.79 Cr

3–6 Month Outlook

Next 3-6 months depend on Parag's ability to navigate commodity inflation and maintain margins while growing value-added product sales. Key is execution on premiumization.

Primary Thesis Risk

Commodity inflation crushes margins and derails premiumization strategy.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

12.34%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

14.13%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

1.97%

Average operating profit margin over 5 years

Dividend Yield

0.30%

Annual dividend as % of current share price

Parag Milk Foods Ltd Valuation Check

Poor

Price to Earnings (P/E)

30.85x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

28.93x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

42.61%

% shares held by company founders/management

Average

FII Holding

9.92%

% shares held by foreign institutional investors

Average

DII Holding

6.62%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

56.28%

Net profit growth vs same quarter last year

Average

Revenue Growth (Quarterly YoY)

15.68%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

7.08%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-2.36%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

4.72%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.45x

Total debt ÷ equity. Below 0.5 = financially healthy

Average

Interest Coverage Ratio

2.65x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-190.79 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Parag Milk Foods Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of PARAGMILK across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (56.28%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (15.68%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

4 factors identified

Margin Pressure Concerns (1.97%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Weak Earnings Growth (-2.36% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (4.72% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Negative Free Cash Flow (₹-190.79 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Parag Milk Foods Ltd vs Dairy Products Peers

Peer Comparison - Dairy Products

Compare Parag Milk Foods Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
41.9/100
226
₹4181.15
30.9
Average
12.34%
Average
14.13%
Average
0.5
Excellent
4.72%
Average
7.08%
Good
0.30%
54.7/100
918
₹22965.49
64.0
Average
17.05%
Good
13.12%
Average
1.1
Average
20.14%
Excellent
10.30%
Good
0.58%
58.9/100
1120
₹7545.03
29.0
Average
19.83%
Good
26.55%
Excellent
0.0
Excellent
38.71%
Excellent
11.70%
Good
0.40%
55.4/100
328
₹4434.69
25.8
Average
20.21%
Excellent
25.28%
Excellent
0.2
Excellent
25.60%
Excellent
8.69%
Good
0.52%
57.1/100
4467
₹3875.01
28.9
Average
24.00%
Excellent
25.11%
Excellent
0.3
Excellent
29.24%
Excellent
15.62%
Excellent
0.39%
48.5/100
10363
₹864.30
232.3
Average
20.48%
Excellent
20.03%
Excellent
1.1
Average
55.18%
Excellent
13.60%
Good
0.01%
41.5/100
405
₹212.62
15.4
Average
14.88%
Average
15.66%
Good
0.6
Good
12.81%
Good
4.41%
Average
0.00%
Milkfood Ltd...
MLKFOOD507621
11.2/100
68
₹156.21
2.52%
Poor
6.24%
Poor
0.8
Good
-11.93%
Poor
-4.08%
Poor
0.98%
43.8/100
35
₹104.73
4.5
Average
0.3
Excellent
50.82%
Excellent
-14.58%
Poor
0.00%
28.4/100
491
₹84.34
7.03%
Poor
9.30%
Poor
0.2
Excellent
-5.48%
Poor
10.26%
Good
0.00%
24.4/100
7
₹69.47
18.7
Average
10.64%
Average
13.34%
Average
0.2
Excellent
0.00%

Parag Milk Foods Ltd PE Ratio History

Historical price-to-earnings ratio for PARAGMILK — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20259.51₹290.4530.5x
FY 20247.47₹188.1525.2x
FY 20234.96₹232.3546.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Parag Milk Foods Ltd Dividend History

Annual cash dividends paid by PARAGMILK — dividend yield 0.30%

Financial YearDividends Paid (₹ Cr)
FY 20255.97 Cr
FY 20224.77 Cr
FY 20214.21 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Parag Milk Foods Ltd Quarterly Performance

Latest quarterly metrics for PARAGMILK — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

15.68%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

56.28%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

7.08%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

4.72%

Compounded annual net profit growth over 5 years

Parag Milk Foods Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for PARAGMILK — calculated from daily price history

29RSI 14
Oversold — RSI 29

Selling pressure is heavy — potential reversal zone.

SMA 50
211
▲ Price above SMA 50 — Short-term bullish
SMA 200
257
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
707K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Parag Milk Foods Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Parag Milk Foods Ltd (PARAGMILK) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Parag Milk Foods Ltd

About PARAGMILK (Parag Milk Foods Ltd)

Parag Milk Foods Ltd is a prominent force in the dairy industry, celebrated for its commitment to crafting and distributing a diverse portfolio of dairy delights. Born from the hea...rt of India's rich agricultural landscape, the company skillfully transforms nature's bounty into high-quality milk-based products that cater to a spectrum of consumer preferences. They strive to maintain the delicate balance between traditional dairy practices and modern manufacturing techniques, ensuring each offering embodies the essence of freshness and nutritional value. Their presence in the market extends beyond geographical boundaries, reflecting a dedication to delivering dairy excellence to both domestic and international palates. The company's extensive product line is a symphony of dairy innovation, designed to enhance everyday life. From the timeless staples such as pure ghee, creamy milk, and fresh paneer to indulgent treats like traditional Indian sweets and smooth, set curd, Parag Milk Foods ensures a wide range of choices. They also offer convenient options for the modern consumer, including dairy whitener, milk powder, and ready-to-make gulab jamun mix. The emphasis on quality extends to their range of cheeses, with offerings such as flavored wedges, spreadable cheeses, and versatile slices. Each product is developed to meet the changing needs and tastes of their discerning customers. Beyond the traditional, Parag Milk Foods embraces innovation by crafting a selection of value-added dairy products. These include refreshing flavored yogurts, light and creamy bocconcini cheese, and a range of milk variations, from slim milk to double-toned options. Consumers can further indulge in their selection of buttermilk, lassi, flavored milk, and milkshakes. Their dedication to convenience is evident in the development of UHT milk and other on-the-go dairy beverages. By continually exploring new avenues in dairy innovation, Parag Milk Foods strives to be a leader in the industry, delivering both nourishment and enjoyment.

Company Details

Symbol:PARAGMILK
Industry:Dairy Products
Sector:Dairy Products

Key Leadership

Mr. Devendra Prakash Shah
Executive Chairman
Mr. Pritam Prakash Shah
MD, Interim CFO & Executive Director
Mr. Virendra Lalbahadur Varma
Company Secretary & Compliance Officer

PARAGMILK Share Price: Frequently Asked Questions

What is the current share price of Parag Milk Foods Ltd?

Parag Milk Foods Ltd (PARAGMILK) trades at ₹226.39 on NSE and BSE. Market cap ₹4.18K (Cr). Educational data only.

What is the P/E ratio of Parag Milk Foods Ltd?

Parag Milk Foods Ltd has a P/E of 30.85x vs industry average 28.93x.

What is the Bull Run score for Parag Milk Foods Ltd?

Parag Milk Foods Ltd has a Bull Run score of 41.9/100 based on 25+ financial parameters.

Does Parag Milk Foods Ltd pay dividends?

Parag Milk Foods Ltd has a dividend yield of 0.30%. Past dividends don't guarantee future payments.

What is the ROE of Parag Milk Foods Ltd?

Parag Milk Foods Ltd has ROE of 12.34%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Parag Milk Foods Ltd?

Parag Milk Foods Ltd has debt-to-equity of 0.45.

Is Parag Milk Foods Ltd a good investment?

Bull Run gives Parag Milk Foods Ltd a score of 41.9/100. This is not investment advice — consult a SEBI-registered advisor.